Lukis Foundation
- Assets
- $31.4m
- Revenue
- $969.8k
- Investments
- $31.0m
- Employees
- 0
- Location
- Wayzata, MN
- Founding
- 04/1992
- Data as of
- 12/2023
- EIN
- 41-1708009
Organization Overview
Lukis Foundation is located in Wayzata, MN. The organization was established in 1992. 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. Lukis 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 12/2023, Lukis Foundation generated $969.8k in total revenue. The organization has seen a slow decline revenue. Over the past 6 years, revenues have fallen by an average of (0.1%) each year. All expenses for the organization totaled $2.4m during the year ending 12/2023. You can explore the organizations financials more deeply in the financial statements section below.
Since 2020, Lukis Foundation has awarded 92 individual grants totaling $7,949,248. 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
CONTRIBUTIONS TO OTHER CHARITABLE ORGANIZATIONS SEE PART XIV (PAGE 11 OF THIS 990-PF)
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 |
|---|---|---|---|
Lawrence J Lukis President / Treasurer / Director | 2 | $0 | |
Donna B Lukis Secretary / Director | 0.5 | $0 | |
Jason Lukis Vice President / Director | 0.5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $435,220 |
| Dividends & Interest | $440,837 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $93,741 |
| Capital Gain Net Income | $93,741 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $969,798 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $11,344 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $569 |
| Total operating and administrative expenses | $211,170 |
| Contributions, gifts, grants paid | $2,146,000 |
| Total expenses and disbursements | $2,357,170 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $356,445 |
| 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 | $1,462,895 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $45,757 |
| Total assets | $31,380,611 |
| 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, Lukis Foundation has awarded $2,146,000 in support to 26 organizations.
| Grant Recipient | Amount |
|---|---|
CAMP AMNICON PURPOSE: UNRESTRICTED | $75,000 |
TREEHOUSE PURPOSE: UNRESTRICTED | $10,000 |
ARTHRITIS FOUNDATION PURPOSE: UNRESTRICTED | $25,000 |
GREATER MPLS CRISIS NURSERY PURPOSE: UNRESTRICTED | $25,000 |
UNIVERSITY OF BUFFALO FOUNDATION PURPOSE: UNRESTRICTED | $50,000 |
MINNESOTA WALDORF SCHOOL PURPOSE: UNRESTRICTED | $50,000 |