The Lozick Family Foundation
- Assets
- $264.0m
- Revenue
- $17.1m
- Investments
- $263.9m
- Employees
- 0
- Location
- Pepper Pike, OH
- Founding
- 03/2016
- Data as of
- 12/2022
- EIN
- 61-6554435
Organization Overview
The Lozick Family Foundation is located in Pepper Pike, OH. The organization was established in 2016. 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. Lozick 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, Lozick Family Foundation generated $17.1m in total revenue. This organization has experienced exceptional growth, as over the past 5 years, it has increased revenue by an average of 10.3% each year . All expenses for the organization totaled $17.9m during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
Since 2020, Lozick Family Foundation has awarded 770 individual grants totaling $42,000,567. 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.
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Catherine L Lozick President/trustee | 2 | $25,000 | |
Thomas J Janoch Vp/treasurer/trustee | 4 | $25,000 | |
James C Boland Trustee | 1 | $25,000 | |
Julie A Boland Trustee | 1 | $0 | |
Christopher P Hitchcock Executive Director | 20 | $0 | |
William N West Trustee | 1 | $50,000 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $8,944,731 |
| Interest on Savings | $236 |
| Dividends & Interest | $4,963,700 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $3,149,213 |
| Capital Gain Net Income | $3,149,213 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $25,349 |
| Total Revenue | $17,083,229 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $212,500 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $960,563 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $70,877 |
| Total operating and administrative expenses | $2,619,450 |
| Contributions, gifts, grants paid | $15,282,126 |
| Total expenses and disbursements | $17,901,576 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $54,022 |
| 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 | $263,927,694 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $263,981,716 |
| Accounts payable and accrued expenses | $361,881 |
| 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 | $361,881 |
Grants Awarded
Over the last fiscal year, The Lozick Family Foundation has awarded $15,282,126 in support to 302 organizations.
| Grant Recipient | Amount |
|---|---|
ACTION ON SMOKING AND HEALTH PURPOSE: GENERAL SUPPORT | $1,000 |
ACCURACY IN MEDIA PURPOSE: GENERAL SUPPORT | $250 |
ACHIEVEMENT CENTERS FOR CHILDREN PURPOSE: GENERAL SUPPORT | $15,000 |
ADOPTION NETWORK CLEVELAND PURPOSE: GENERAL SUPPORT | $20,000 |
ALLIANCE DEFENDING FREEDOM PURPOSE: GENERAL SUPPORT | $5,000 |
ALLIANCE FOR WORKING TOGETHER PURPOSE: GENERAL SUPPORT | $260,000 |