Lair Foundation
- Assets
- $13.3m
- Revenue
- $2.2m
- Investments
- $13.2m
- Employees
- 0
- Location
- Wichita, KS
- Founding
- 10/2008
- Data as of
- 12/2022
- EIN
- 26-0600516
Organization Overview
Lair Foundation is located in Wichita, KS. The organization was established in 2008. According to its NTEE Classification (T20) the organization is classified as: Private Grantmaking 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. Lair 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, Lair Foundation generated $2.2m in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 3.4% each year. All expenses for the organization totaled $810.6k during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
Since 2014, Lair Foundation has awarded 139 individual grants totaling $4,324,809. 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
2022
Describe the Organization's Program Activity:
Part 3 - Line 4a
MAKE CHARITABLE CONTRIBUTIONS TO PUBLIC CHARITIES QUALIFIED UNDER SECTION 501(C)(3) & WHO FOCUS ON VARIOUS COMMUNITY NEEDS AS SELECTED BY THE FOUNDATION- CONTRIBUTIONS WERE MADE TO VARIOUS PUBLIC CHARITIES
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Julie Lair Pres/dir | 0 | $0 | |
Todd Lair Sec/tr/dir | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $2,000,000 |
| Interest on Savings | $0 |
| Dividends & Interest | $320,556 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | -$113,698 |
| Capital Gain Net Income | $58,858 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $2,206,858 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $8,606 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $306 |
| Total operating and administrative expenses | $60,400 |
| Contributions, gifts, grants paid | $750,204 |
| Total expenses and disbursements | $810,604 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $50,093 |
| Savings and temporary cash investments | $99,466 |
| 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 | $13,312,712 |
| 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, Lair Foundation has awarded $750,204 in support to 19 organizations.
| Grant Recipient | Amount |
|---|---|
ALZIMERS ASSOCIATION PURPOSE: MEDICAL RESEARCH | $10,100 |
BOYS & GIRLS CLUBS OF SC KS PURPOSE: K-12 AFTER SCHOOL CARE | $50,000 |
FOLDS OF HONOR PURPOSE: SCHOLARSHIPS FOR DISABLED MILITARY | $7,500 |
GIVING THE BASICS INC PURPOSE: PROVIDING BASIC HYGIENE SUPPLIES | $10,000 |
AMERICAN NATIONAL RED CROSS PURPOSE: PROVIDE EMERGENCY SUPPORT | $15,000 |
HELPING HANDS MINISTRY PURPOSE: ASSIST INDIVIDUALS & BUSIN IN NEED | $3,000 |