Lang Family Foundation
- Assets
- $8.6m
- Revenue
- $600.3k
- Investments
- $8.1m
- Employees
- 0
- Location
- Saegertown, PA
- Founding
- 05/2014
- Data as of
- 06/2022
- EIN
- 46-3945957
Organization Overview
Lang Family Foundation is located in Saegertown, PA. The organization was established in 2014. According to its NTEE Classification (W99) the organization is classified as: Public & Societal Benefit N.E.C., under the broad grouping of Public & Societal Benefit and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Lang 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 06/2022, Lang Family Foundation generated $600.3k in total revenue.
Since 2019, Lang Family Foundation has awarded 29 individual grants totaling $1,306,500. 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.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Bruce E Lang Assistant Treasurer | 1 | $0 | |
G Thomas Lang President/secretary/treasurer | 1 | $0 | |
Patricia P Lang Vice President | 1 | $0 | |
Sean P Lang Assistant Secretary | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $399,895 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $200,450 |
| Capital Gain Net Income | $200,450 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $600,345 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $4,500 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $16,905 |
| Total operating and administrative expenses | $52,726 |
| Contributions, gifts, grants paid | $538,000 |
| Total expenses and disbursements | $590,726 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $480,654 |
| 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 | $2,598,869 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $8,553,860 |
| 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, Lang Family Foundation has awarded $538,000 in support to 5 organizations.
| Grant Recipient | Amount |
|---|---|
CLEVELAND CLINIC FOUNDATION PURPOSE: GENERAL FUND | $500,000 |
Scottsdale, AZ PURPOSE: GENERAL FUND | $23,000 |
Meadville, PA PURPOSE: GENERAL FUND | $5,000 |
Erie, PA PURPOSE: GENERAL FUND | $5,000 |
Saegertown, PA PURPOSE: GENERAL FUND | $5,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
American National Standards Institute New York, NY | $61,521,698 | $89,284,423 |
Regulatory Affairs Professionals Society Rockville, MD | $9,226,443 | $11,018,465 |
Rfs Charitable Foundation Toledo, OH | $7,273,922 | $11,225,614 |
Buffalo Civic Auto Ramps Inc Buffalo, NY | $1,499,927 | $7,888,664 |
The Lebron James Family Foundation Akron, OH | $17,485,828 | $12,709,442 |
Pocono Services For Families And Children Inc East Stroudsburg, PA | $5,666,674 | $5,697,584 |
Tate Monroe Water Assn Inc New Richmond, OH | $29,411,991 | $5,084,515 |
Data & Society Research Institute New York, NY | $10,624,558 | $3,287,575 |
Commercial Vehicle Safety Alliance Greenbelt, MD | $5,175,740 | $5,464,465 |
Living Classrooms Foundation Baltimore, MD | $10,378,836 | $6,289,035 |
Bend The Arc Jewish Action Inc New York, NY | $2,917,123 | $4,796,081 |
Greater Syracuse Property Development Corporation Syracuse, NY | $6,042,694 | $3,813,121 |