The George P Lauren Foundation
- Assets
- $4.5m
- Revenue
- $340.6k
- Investments
- $2.8m
- Employees
- 0
- Location
- San Diego, CA
- Founding
- 06/2003
- Data as of
- 12/2023
- EIN
- 41-2094676
Organization Overview
The George P Lauren Foundation is located in San Diego, CA. The organization was established in 2003. According to its NTEE Classification (T23) the organization is classified as: Private Operating 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. George P Lauren 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, George P Lauren Foundation generated $340.6k in total revenue. This represents relatively stable growth, over the past 9 years the organization has increased revenue by an average of 5.4% each year. All expenses for the organization totaled $243.5k during the year ending 12/2023. While expenses have increased by 0.4% per year over the past 9 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, George P Lauren Foundation has awarded 59 individual grants totaling $652,715. 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
PUBLIC GARDEN
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 |
|---|---|---|---|
Stephanie Mcmahon President | 20 | $10,000 | |
Cinda Brockman Secretary | 5 | $0 | |
Charles Kamen Director | 5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $10,435 |
| Dividends & Interest | $68,044 |
| Net Rental Income | $6,219 |
| Net Gain on Sale of Assets | $189,458 |
| Capital Gain Net Income | $189,458 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $340,592 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $10,000 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $19,349 |
| Depreciation | $30,434 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $62,542 |
| Total operating and administrative expenses | $143,540 |
| Contributions, gifts, grants paid | $100,000 |
| Total expenses and disbursements | $243,540 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $18,785 |
| 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 | $772,558 |
| Investments—mortgage loans | $0 |
| Investments—other | $2,794,647 |
| Net Land, buildings, and equipment | $878,451 |
| Other assets | $0 |
| Total assets | $4,464,441 |
| 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 | $5,986 |
| Total liabilities | $5,986 |
Grants Awarded
Over the last fiscal year, The George P Lauren Foundation has awarded $100,000 in support to 10 organizations.
| Grant Recipient | Amount |
|---|---|
ELDERHELP OF SAN DIEGO PURPOSE: GENERAL OPERATIONS | $10,000 |
LIONS TIGERS AND BEARS PURPOSE: GENRAL OPERATIONS | $10,000 |
JUST IN TIME FOR FOSTER YOUTH PURPOSE: GENERAL OPERATIONS | $12,500 |
MONARCH SCHOOL PURPOSE: GENERAL OPERATIONS | $5,000 |
REINS PURPOSE: GENERAL OPERATIONS | $10,000 |
SHORELINE COMMUNITY SERVICES PURPOSE: GENERAL OPERATIONS | $10,000 |