Largum Family Foundation
- Assets
- $45.8k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Sterling, VA
- Founding
- 05/2017
- Data as of
- 12/2023
- EIN
- 61-1811440
Organization Overview
Largum Family Foundation is located in Sterling, VA. The organization was established in 2017. 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. Largum 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 2018, Largum Family Foundation has awarded 33 individual grants totaling $278,722. 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
2023
Describe the Organization's Program Activity:
Part 3 - Line 4a
PROMOTE EDUCATION AND THE GOSPEL OF JESUS CHRIST
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Damien Sanchez President | 1 | $0 | |
Michelle Sanchez Vice Pres | 0.5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $0 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $0 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $0 |
| 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 | $0 |
| Printing and publications | $0 |
| Other expenses | $110 |
| Total operating and administrative expenses | $635 |
| Contributions, gifts, grants paid | $48,487 |
| Total expenses and disbursements | $49,122 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $45,819 |
| 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 | $0 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $45,819 |
| 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, Largum Family Foundation has awarded $42,350 in support to 5 organizations.
| Grant Recipient | Amount |
|---|---|
NAVIGATORS PR PURPOSE: RELIGIOUS & EDUCATIONAL | $3,600 |
ARAB WORLD FOR FAMILY MANAGEMENT PURPOSE: RELIGIOUS | $4,000 |
SERVANT PARTNERS PURPOSE: RELIGIOUS & EDUCATIONAL | $12,000 |
HRUDA RANJIIN LOHARA MISSION INDIA PURPOSE: RELIGIOUS & HUMANITARIAN AID | $12,750 |
YOUTH FOR CHRIST PUERTO RICO PURPOSE: RELIGIOUS | $10,000 |