Lonnie And Saundra Ledbetter Family Foundation
- Assets
- $6.2m
- Revenue
- $157.0k
- Investments
- $5.8m
- Employees
- 0
- Location
- Arlington, TX
- Founding
- 06/2014
- Data as of
- 12/2022
- EIN
- 46-3406022
Organization Overview
Lonnie And Saundra Ledbetter Family Foundation is located in Arlington, TX. The organization was established in 2014. According to its NTEE Classification (P99) the organization is classified as: Human Services N.E.C., under the broad grouping of Human Services and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Lonnie And Saundra Ledbetter 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.
Since 2015, Lonnie And Saundra Ledbetter Family Foundation has awarded 70 individual grants totaling $3,799,972. 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
2022
Describe the Organization's Program Activity:
Part 3 - Line 4a
N/A
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Lonnie K Ledbetter President, Director | 1 | $0 | |
Saundra L Ledbetter Dec 033123 Secretary, Director | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $128,838 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $28,183 |
| Capital Gain Net Income | $28,183 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $157,021 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $2,220 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $79,108 |
| Total operating and administrative expenses | $90,624 |
| Contributions, gifts, grants paid | $365,000 |
| Total expenses and disbursements | $455,624 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $370,603 |
| 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 | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $737,284 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $6,172,712 |
| 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, Lonnie And Saundra Ledbetter Family Foundation has awarded $365,000 in support to 8 organizations.
| Grant Recipient | Amount |
|---|---|
AMERICAN WILD HORSE CAMPAIGN PURPOSE: FOR FURTHUR CHARITABLE PURPOSE | $1,000 |
APPALOOSA HALTER FUTURITY PURPOSE: FOR FURTHUR CHARITABLE PURPOSE | $10,000 |
COMANCHE PEAK SPONSOR GROUP PURPOSE: FOR FURTHUR CHARITABLE PURPOSE | $3,000 |
BLUEBONNET EQUINE HUMANE SOCIETY PURPOSE: TO IMPROVE THE LIVES OF EQUINES BY EDUCATING AND HELPING OWNERS, ASSISTING LAW ENFORCEMENT AGENCIES, REHABILITATING ABUSED AND NEGLECTED EQUINES, AND PLACING THEM INTO SAFE HOMES. | $1,000 |
UPBRING PURPOSE: FOR FURTHUR CHARITABLE PURPOSE | $100,000 |
CENTRAL CARRIBBEAN MARINE INSTITUTE PURPOSE: FOR FURTHUR CHARITABLE PURPOSE | $100,000 |