The Bailey Lamson Family Foundation
- Assets
- $1.8m
- Revenue
- $266.4k
- Investments
- $1.7m
- Employees
- 0
- Location
- Cincinnati, OH
- Founding
- Data as of
- 12/2023
- EIN
- 61-6669374
Organization Overview
The Bailey Lamson Family Foundation is located in Cincinnati, OH. 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. Bailey Lamson 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 12/2023, Bailey Lamson Family Foundation generated $266.4k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 2 years, the organization has seen revenues fall by an average of (61.3%) each year.
Since 2023, Bailey Lamson Family Foundation has awarded 32 individual grants totaling $227,500. 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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Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $4,241 |
| Interest on Savings | $0 |
| Dividends & Interest | $63,836 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $198,315 |
| Capital Gain Net Income | $198,315 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $266,392 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $32,999 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $3,581 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $200 |
| Total operating and administrative expenses | $38,977 |
| Contributions, gifts, grants paid | $227,500 |
| Total expenses and disbursements | $266,477 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $1 |
| Savings and temporary cash investments | $28,812 |
| 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 | $241,669 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $1,774,122 |
| 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, The Bailey Lamson Family Foundation has awarded $227,500 in support to 32 organizations.
| Grant Recipient | Amount |
|---|---|
BERKLEE COLLEGE OF MUSIC INC PURPOSE: ANNUAL FUND | $4,000 |
MAMLUFT&CO DANCE PURPOSE: ANNUAL FUND | $3,000 |
FREESTORE-FOODBANK INC PURPOSE: ANNUAL FUND | $5,000 |
TAFT MUSEUM OF ART PURPOSE: ANNUAL FUND | $15,000 |
CINCINNATI MEMORIAL HALL SOCIETY PURPOSE: ANNUAL FUND | $6,500 |
CINCINNATI ART MUSEUM PURPOSE: ANNUAL FUND | $5,000 |