Lpck Family Foundation is located in Saratoga, CA. The organization was established in 2012. 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. Lpck Family 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, Lpck Family Foundation generated $2.1k in total revenue. This organization has experienced exceptional growth, as over the past 3 years, it has increased revenue by an average of 21.7% each year . All expenses for the organization totaled $12.5k during the year ending 12/2022. While expenses have increased by 4.1% per year over the past 3 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.
Form
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2022
Describe the Organization's Program Activity:
Part 3 - Line 4a
NONE
NONE
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| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $836 |
| Dividends & Interest | $788 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $481 |
| Capital Gain Net Income | $481 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $2,105 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $0 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $1,221 |
| Printing and publications | $0 |
| Other expenses | $622 |
| Total operating and administrative expenses | $1,843 |
| Contributions, gifts, grants paid | $10,647 |
| Total expenses and disbursements | $12,490 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $71,447 |
| 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 | $111,901 |
| 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 |
Over the last fiscal year, Lpck Family Foundation has awarded $10,647 in support to 14 organizations.
| Grant Recipient | Amount |
|---|---|
EQUAL JUSTICE INITIATIVE PURPOSE: HELP KIDS VICTIMIZED BY INEQUALITY | $100 |
CDC FOUNDATION PURPOSE: HELP KIDS FIGHTING COVID | $500 |
ASYLUM SEEKER'S CENTER AUSTRALIA PURPOSE: HELP PACIFIC REGION REFUGEE KIDS. | $137 |
ST JUDE CHILDREN' RESEARCH HOSPITAL PURPOSE: HELP CHILDREN FIGHTING CANCER | $500 |
UNIVERSITY OF TEXAS AT EL PASO PURPOSE: SUPPORT FOR EDUCATION EQUALITY | $2,500 |
UNIVERSITY OF AKRON FOUNDATION PURPOSE: SUPPORT FOR EDUCATION EQUALITY | $1,000 |