Laurie E Lust Foundation
- Assets
- $483.0k
- Revenue
- $11.4k
- Investments
- $478.9k
- Employees
- 0
- Location
- Pittsburgh, PA
- Founding
- 03/2006
- Data as of
- 12/2022
- EIN
- 20-2073188
Organization Overview
Laurie E Lust Foundation is located in Pittsburgh, PA. The organization was established in 2006. 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 an independent organization and not affiliated with a larger national or regional group of organizations. Laurie E Lust 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 12/2022, Laurie E Lust Foundation generated $11.4k in total revenue. This organization has experienced exceptional growth, as over the past 8 years, it has increased revenue by an average of 18.1% each year . All expenses for the organization totaled $11.9k during the year ending 12/2022. While expenses have increased by 5.5% per year over the past 8 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Form
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2022
Describe the Organization's Program Activity:
Part 3 - Line 4a
PROVIDES SCHOLARSHIPS AND CONTRIBUTIONS FOR DIABETES RESEARCH
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Christopher Lust President | 2 | $0 | |
Fred Lust Vp/treasurer | 2 | $0 | |
Dorothy Lust Vp/secretary | 2 | $0 | |
Heather Cross Director | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $483 |
| Interest on Savings | $7 |
| Dividends & Interest | $10,461 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $413 |
| Capital Gain Net Income | $413 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | -$3 |
| Total Revenue | $11,361 |
| 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 | $0 |
| Printing and publications | $0 |
| Other expenses | $314 |
| Total operating and administrative expenses | $1,077 |
| Contributions, gifts, grants paid | $10,795 |
| Total expenses and disbursements | $11,872 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $4,145 |
| 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 | $7,591 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $482,995 |
| 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, Laurie E Lust Foundation has awarded $10,795 in support to 4 organizations.
| Grant Recipient | Amount |
|---|---|
JUVENILE DIABETES RESEARCH FOUNDATI PURPOSE: GENERAL SUPPORT | $1,000 |
CHILDREN'S HOSPITAL OF PITTSBURGH PURPOSE: GENERAL SUPPORT | $1,000 |
MIRACLE LEAGUE OF SOUTH HILLS PURPOSE: GENERAL SUPPORT | $795 |
MARCUS SIMMONDS SCHOLARSHIP PURPOSE: SCHOLARSHIP | $8,000 |