Laura Lemle Family Foundation
- Assets
- $5.4m
- Revenue
- $581.5k
- Investments
- $4.0m
- Employees
- 0
- Location
- New York, NY
- Founding
- 05/2006
- Data as of
- 12/2022
- EIN
- 51-6576020
Organization Overview
Laura Lemle Family Foundation is located in New York, NY. The organization was established in 2006. According to its NTEE Classification (T20) the organization is classified as: Private Grantmaking 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. Laura Lemle 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, Laura Lemle Family Foundation generated $581.5k in total revenue. The organization has seen a slow decline revenue. Over the past 8 years, revenues have fallen by an average of (2.0%) each year. All expenses for the organization totaled $412.5k during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
Since 2014, Laura Lemle Family Foundation has awarded 115 individual grants totaling $1,841,424. 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
THE FOUNDATION IS ORGANIZED AND OPERATED FOR THE SOLEPURPOSE OF MAKING CASH CONTRIBUTIONS TO QUALIFYING PUBLICCHARITIES. THE FOUNDATION DOES NOT ENGAGE IN ANY OTHER DIRECT CHARITABLE ACTIVITIES.
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Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $223,891 |
| Interest on Savings | $0 |
| Dividends & Interest | $75,622 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $270,364 |
| Capital Gain Net Income | $270,364 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $11,613 |
| Total Revenue | $581,490 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $5,384 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $62,903 |
| Total operating and administrative expenses | $68,287 |
| Contributions, gifts, grants paid | $344,165 |
| Total expenses and disbursements | $412,452 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $290,855 |
| 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 | $1,044,080 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $35,583 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $5,356,636 |
| 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, Laura Lemle Family Foundation has awarded $344,165 in support to 11 organizations.
| Grant Recipient | Amount |
|---|---|
AMERICAN BRAIN FOUNDATION PURPOSE: UNRESTRICTED GRANT | $1,000 |
CITIZENS COMMITTEE FOR CHILDREN PURPOSE: UNRESTRICTED GRANT | $368 |
LONG ISLAND CHILDREN'S MUSEUM PURPOSE: UNRESTRICTED GRANT | $5,000 |
THE JEWISH MUSEUM PURPOSE: UNRESTRICTED GRANT | $1,000 |
BARNARD COLLEGE PURPOSE: UNRESTRICTED GRANT | $5,000 |
THE NVLD PROJECT PURPOSE: UNRESTRICTED GRANT | $170,600 |