Luneack Fam Foundation Inc is located in Alma, MI. The organization was established in 2005. According to its NTEE Classification (T21) the organization is classified as: Corporate 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. Luneack Fam 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 12/2023, Luneack Fam Foundation Inc generated $39.9k in total revenue. The organization has seen a slow decline revenue. Over the past 9 years, revenues have fallen by an average of (0.9%) each year. All expenses for the organization totaled $47.6k during the year ending 12/2023. You can explore the organizations financials more deeply in the financial statements section below.
Since 2017, Luneack Fam Foundation Inc has awarded 31 individual grants totaling $218,320. 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.
Form
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2023
Describe the Organization's Program Activity:
Part 3 - Line 4a
GRATIOT COUNTRY FIRE, RESCUE AND POLICE DEPARTMENTS
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Doug Hoard Treasurer | 0 | $0 | |
Charles Fortino Secretary | 0 | $0 | |
Richard Prestage President | 0 | $0 | |
David Nelson Director | 0 | $0 | |
Richard Ramiriez Director | 0 | $0 | |
Mark Williams Director | 0 | $0 |
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $6,844 |
| Dividends & Interest | $41,590 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | -$8,503 |
| Capital Gain Net Income | $7,425 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $39,931 |
| 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 | $25 |
| Total operating and administrative expenses | $725 |
| Contributions, gifts, grants paid | $46,874 |
| Total expenses and disbursements | $47,599 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $11,116 |
| Savings and temporary cash investments | $315,914 |
| 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 | $1,518,508 |
| 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 |
Over the last fiscal year, Luneack Fam Foundation Inc has awarded $46,874 in support to 4 organizations.
| Grant Recipient | Amount |
|---|---|
ST LOUIS FIRE DEPARTMENT PURPOSE: SAFETY | $28,833 |
GRATIOT COUNTY PURPOSE: SAFETY | $3,850 |
ALMA DEPT PUBLIC SAFETY PURPOSE: SAFETY | $8,551 |
BRECKENRIDGE WHEELER PURPOSE: SAFETY | $5,640 |