Lkc Foundation
- Assets
- $4.7m
- Revenue
- $164.2k
- Investments
- $4.6m
- Employees
- 0
- Location
- Cincinnati, OH
- Founding
- 04/1997
- Data as of
- 12/2022
- EIN
- 31-1490185
Organization Overview
Lkc Foundation is located in Cincinnati, OH. The organization was established in 1997. 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. Lkc 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, Lkc Foundation generated $164.2k 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 (20.1%) each year. All expenses for the organization totaled $738.0k during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, Lkc Foundation has awarded 219 individual grants totaling $6,057,924. 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.
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Gabriel Stern Vice President/secretary | 1 | $0 | |
Ellen Stern Kerr Vice President | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $8,998 |
| Dividends & Interest | $100,650 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $54,594 |
| Capital Gain Net Income | $54,594 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $164,242 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $1,071 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $88,139 |
| Total operating and administrative expenses | $115,905 |
| Contributions, gifts, grants paid | $622,080 |
| Total expenses and disbursements | $737,985 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $1,999 |
| Savings and temporary cash investments | $113,151 |
| Net Accounts receivable | $27,700 |
| 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 | $126,457 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $4,730,606 |
| 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, Lkc Foundation has awarded $622,080 in support to 8 organizations.
| Grant Recipient | Amount |
|---|---|
ARTSWAVE PURPOSE: OPERATING SUPPORT | $60,000 |
ENSEMBLE THEATRE OF CINCINNATI PURPOSE: OPERATING SUPPORT | $165,000 |
MAYERSON JEWISH COMMUNITY CENTER PURPOSE: OPERATING SUPPORT | $5,000 |
MORTAR CINCINNATI PURPOSE: OPERATING SUPPORT | $150,200 |
CO-OP CINCY PURPOSE: OPERATING SUPPORT | $100,000 |
CORPORATION FOR FINDLAY MARKET PURPOSE: OPERATING SUPPORT | $75,000 |