Lawrence Family Foundation
- Assets
- $15.1m
- Revenue
- $4.4m
- Investments
- $11.9m
- Employees
- 0
- Location
- Minneapolis, MN
- Founding
- 10/1997
- Data as of
- 12/2021
- EIN
- 13-3935895
Organization Overview
Lawrence Family Foundation is located in Minneapolis, MN. The organization was established in 1997. According to its NTEE Classification (T31) the organization is classified as: Community Foundations, under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Lawrence Family Foundation 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 12/2021, Lawrence Family Foundation generated $4.4m in total revenue. This organization has experienced exceptional growth, as over the past 6 years, it has increased revenue by an average of 34.2% each year . All expenses for the organization totaled $475.4k during the year ending 12/2021. You can explore the organizations financials more deeply in the financial statements section below.
Since 2017, Lawrence Family Foundation has awarded 121 individual grants totaling $2,659,630. 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 |
|---|---|---|---|
James Lawrence Dir, Chrmn, & Pres | 1 | $0 | |
Mary Lawrence Dir, Secy, & Treas | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $240,782 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $4,193,002 |
| Capital Gain Net Income | $4,193,002 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $5,371 |
| Total Revenue | $4,439,155 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $0 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $33,512 |
| Printing and publications | $0 |
| Other expenses | $0 |
| Total operating and administrative expenses | $36,367 |
| Contributions, gifts, grants paid | $439,000 |
| Total expenses and disbursements | $475,367 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $3,186,140 |
| 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 | $0 |
| Total assets | $15,054,334 |
| 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, Lawrence Family Foundation has awarded $439,000 in support to 23 organizations.
| Grant Recipient | Amount |
|---|---|
New Haven, CT PURPOSE: OPERATING | $85,000 |
Minneapolis, MN PURPOSE: OPERATING | $75,000 |
MINNEAPOLIS REGIONAL CHAMBER DEVELOPMENT FUND PURPOSE: OPERATING | $42,500 |
KENT SCHOOL PURPOSE: OPERATING | $40,000 |
PLYMOUTH CONGREGATIONAL CHURCH PURPOSE: OPERATING | $35,000 |
CHARTER FOR CHANGE PURPOSE: OPERATING | $25,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Greater Milwaukee Foundation Inc Milwaukee, WI | $1,114,706,959 | $151,763,598 |
Thrivent Charitable Impact & Investing Appleton, WI | $809,708,853 | $138,812,775 |
Community Fdn Of Greater Des Moines Des Moines, IA | $756,930,676 | $144,988,273 |
Greater Green Bay Community Foundation Inc Green Bay, WI | $158,723,657 | $42,186,646 |
Community Foundation For The Fox Valley Region Inc Appleton, WI | $500,269,949 | $60,999,391 |
Madison Community Foundation Madison, WI | $285,628,719 | $40,248,600 |
Sioux Falls Area Community Foundation Inc Sioux Falls, SD | $264,068,911 | $59,923,672 |
Catholic Community Foundation Of Minnesota St Paul, MN | $510,001,439 | $72,097,381 |
Communitygiving St Cloud, MN | $193,103,222 | $46,523,540 |
Quad Cities Community Foundation Bettendorf, IA | $165,771,747 | $15,098,956 |
Greater Cedar Rapids Community Foundation Cedar Rapids, IA | $223,368,352 | $26,493,454 |
3m Open Fund Blaine, MN | $2,792,523 | $13,492,516 |