Lautenbach Family Foundation Inc
- Assets
- $3.9m
- Revenue
- $1.8m
- Investments
- $3.7m
- Employees
- 0
- Location
- Chicago, IL
- Founding
- 01/2001
- Data as of
- 12/2022
- EIN
- 06-1602235
Organization Overview
Lautenbach Family Foundation Inc is located in Chicago, IL. The organization was established in 2001. According to its NTEE Classification (T22) the organization is classified as: Private Independent Foundations, under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. This organization is the central organization for a national or regional group of organizations. Lautenbach Family Foundation Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2022, Lautenbach Family Foundation Inc generated $1.8m in total revenue. This represents relatively stable growth, over the past 4 years the organization has increased revenue by an average of 4.0% each year. All expenses for the organization totaled $280.3k during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
Since 2019, Lautenbach Family Foundation Inc has awarded 58 individual grants totaling $1,385,270. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Ned C Lautenbach President | 1 | $0 | |
Cynthia R Lautenbach Secretary | 1 | $0 | |
Jeffrey Lautenbach Director | 1 | $0 | |
Sherry Murphy Director | 1 | $0 | |
Allison Reiling Executive Director | 40 | $50,000 | |
John Lautenbach Director | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $1,025,703 |
| Interest on Savings | $0 |
| Dividends & Interest | $76,249 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $718,438 |
| Capital Gain Net Income | $718,438 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $5,650 |
| Total Revenue | $1,826,040 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $50,000 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $2,576 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $259 |
| Total operating and administrative expenses | $75,269 |
| Contributions, gifts, grants paid | $205,040 |
| Total expenses and disbursements | $280,309 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $39,951 |
| Savings and temporary cash investments | $0 |
| Net Accounts receivable | $0 |
| Net Pledges Receivable | $0 |
| Grants receivable | $0 |
| Receivables from Officers, Directors, or Controlling Persons | $0 |
| Net other notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $0 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $126,957 |
| Total assets | $3,871,373 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $0 |
Grants Awarded
Over the last fiscal year, Lautenbach Family Foundation Inc has awarded $205,040 in support to 14 organizations.
| Grant Recipient | Amount |
|---|---|
MERCY MCAULEY PURPOSE: GENERAL | $23,900 |
ADAM J LEWIS ACADEMY PURPOSE: GENERAL | $28,680 |
ST THOMAS AQUINAS PURPOSE: GENERAL | $5,000 |
HORIZONS AT GREENS FARMS ACADEMY PURPOSE: GENERAL | $7,000 |
GREENS FARMS ACADEMY PURPOSE: GENERAL | $10,000 |
SACRED HEART UNIVERSITY PURPOSE: GENERAL | $10,000 |