James B Loveland Memorialfoundation is located in Alpine, UT. The organization was established in 2006. According to its NTEE Classification (T12) the organization is classified as: Fund Raising & Fund Distribution, 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. James B Loveland Memorialfoundation 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, James B Loveland Memorialfoundation generated $10.6k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 8 years, the organization has seen revenues fall by an average of (11.3%) each year. All expenses for the organization totaled $930.3k during the year ending 12/2023. You can explore the organizations financials more deeply in the financial statements section below.
Since 2016, James B Loveland Memorialfoundation has awarded 43 individual grants totaling $1,397,648. 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
N/A
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $24,145 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | -$13,576 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $10,569 |
| 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 | $38 |
| Total operating and administrative expenses | $3,438 |
| Contributions, gifts, grants paid | $926,892 |
| Total expenses and disbursements | $930,330 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $388 |
| 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 | $0 |
| Total assets | $948 |
| 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, James B Loveland Memorialfoundation has awarded $926,892 in support to 4 organizations.
| Grant Recipient | Amount |
|---|---|
THE PI FOUNDATION PURPOSE: GENERAL DONATION | $134,124 |
THE PI FOUNDATION PURPOSE: GENERAL DONATION | $777,768 |
AJM FOUNDATION PURPOSE: GENERAL DONATION | $10,000 |
KIDS ON THE MOVE PURPOSE: GENERAL DONATION | $5,000 |