Lawrence L Lucas Foundation
- Assets
- $1.3m
- Revenue
- $41.7k
- Investments
- $1.3m
- Employees
- 0
- Location
- Orlando, FL
- Founding
- 10/2005
- Data as of
- 04/2024
- EIN
- 54-6522614
Organization Overview
Lawrence L Lucas Foundation is located in Orlando, FL. The organization was established in 2005. According to its NTEE Classification (B82) the organization is classified as: Scholarships & Student Financial Aid, under the broad grouping of Education and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Lawrence L Lucas 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 04/2024, Lawrence L Lucas Foundation generated $41.7k in total revenue. This organization has experienced exceptional growth, as over the past 9 years, it has increased revenue by an average of 13.2% each year . All expenses for the organization totaled $73.7k during the year ending 04/2024. You can explore the organizations financials more deeply in the financial statements section below.
Since 2016, Lawrence L Lucas Foundation has awarded 99 individual grants totaling $666,843. 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 |
|---|---|---|---|
Triust Bank Trustee | 1 | $13,289 | |
Michael C Jones Trustee | 1 | $0 | |
Mark Johnson Trustee | 1 | $0 | |
Douglas O Estep Trustee | 1 | $0 | |
Jeffrey Sonafelt Trustee | 1 | $0 | |
Karen S Whetzel Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $188 |
| Dividends & Interest | $33,892 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $6,840 |
| Capital Gain Net Income | $6,840 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $736 |
| Total Revenue | $41,656 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $13,289 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $283 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $985 |
| Total operating and administrative expenses | $14,557 |
| Contributions, gifts, grants paid | $59,100 |
| Total expenses and disbursements | $73,657 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $48,806 |
| 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 | $19,165 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $1,028,506 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $1,347,914 |
| 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, Lawrence L Lucas Foundation has awarded $59,100 in support to 9 organizations.
| Grant Recipient | Amount |
|---|---|
SHENANDOAH EDUCATION FOUNDATION PURPOSE: GENERAL OPERATING | $1,000 |
MT JACKSON RESCUE AND FIRE DEPT INC PURPOSE: GENERAL OPERATING | $10,600 |
SHENANDOAH MEMORIAL HOSPITAL FDN PURPOSE: GENERAL OPERATING | $1,000 |
MT JACKSON COMMUNITY LIBRARY PURPOSE: GENERAL OPERATING | $2,500 |
SHENPACO INDUSTRIES INC PURPOSE: GENERAL OPERATING | $2,500 |
SHENANDOAH COUNTY SEARCH INC PURPOSE: GENERAL OPERATING | $5,000 |