Laboure Society

Organization Overview

Laboure Society is located in Eagan, MN. The organization was established in 2002. According to its NTEE Classification (T30) the organization is classified as: Public Foundations, under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. As of 12/2021, Laboure Society employed 12 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Laboure Society 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 12/2021, Laboure Society generated $3.1m in total revenue. The organization has seen a slow decline revenue. Over the past 7 years, revenues have fallen by an average of (0.2%) each year. All expenses for the organization totaled $2.8m during the year ending 12/2021. You can explore the organizations financials more deeply in the financial statements section below.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2021

Describe the Organization's Mission:

Part 3 - Line 1

PROVIDE FINANCIAL ASSISTANCE TO INDIVIDUALS WHO MUST ELIMINATE PERSONAL DEBT IN ORDER TO PURSUE THEIR VOCATION TO PRIESTHOOD OR RELIGIOUS LIFE IN THE CATHOLIC CHURCH.

Describe the Organization's Program Activity:

Part 3 - Line 4a

THE LABOURE SOCIETY WAS ESTABLISHED TO PROVIDE SPIRITUAL SUPPORT AND MATERIAL ASSISTANCE TO RESOLVE STUDENT LOANS FOR THOSE ENTERING FORMATION FOR PRIESTHOOD OR RELIGIOUS LIFE.


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Board, Officers & Key Employees

Name (title)Compensation
John Flanagan
Executive Director
$83,682
Sherry Nilles
Director
$0
Rosa Cumare
Director
$0
William S Bojan
Treasurer
$0
David Johnson
CFO
$0
Sr Josephine Garrett Csfn
Secretary
$0

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$0
Government grants $121,261
All other contributions, gifts, grants, and similar amounts not included above$2,927,512
Noncash contributions included in lines 1a–1f $35,350
Total Revenue from Contributions, Gifts, Grants & Similar$3,048,773
Total Program Service Revenue$0
Investment income $26,196
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $0
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $3,075,426

Grants Recieved

Over the last fiscal year, we have identified 10 grants that Laboure Society has recieved totaling $494,135.

Awarding OrganizationAmount
American Endowment Foundation

Hudson, OH

PURPOSE: PHILANTHROPY

$406,500
Schwab Charitable Fund

San Francisco, CA

PURPOSE: PUBLIC, SOCIETAL BENEFIT

$35,400
Catholic Community Foundation Of Minnesota

St Paul, MN

PURPOSE: GENERAL OPERATING, PROGRAM SUPPORT

$21,735
Community Foundation For Southeast Michigan

Detroit, MI

PURPOSE: GENERAL OPERATIONS

$15,000
Bowling Family Charitable Foundation

El Paso, TX

PURPOSE: GENERAL SUPPORT

$5,000
The Wolf Family Charitable Foundation

Portland, OR

PURPOSE: CHARIT DONAT TO ORGS PURPOSE OF SUPPORT CATHOLIC

$5,000
View Grant Recipient Profile

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