L A M P Foundation is located in Knoxville, TN. The organization was established in 1997. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. L A M P 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, L A M P Foundation generated $112.2k in total revenue. This represents relatively stable growth, over the past 9 years the organization has increased revenue by an average of 0.7% each year. All expenses for the organization totaled $149.1k during the year ending 12/2023. While expenses have increased by 3.1% per year over the past 9 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, L A M P Foundation has awarded 258 individual grants totaling $928,205. 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
NONE
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Townes Lavidge Osborn President | 4 | $0 | |
Robert S Marquis Secretary/tr | 1 | $0 | |
Townes O Miller Vice Preside | 1 | $0 |
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $34,695 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $77,544 |
| Capital Gain Net Income | $77,544 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $112,239 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $1,528 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $2,064 |
| Total operating and administrative expenses | $6,592 |
| Contributions, gifts, grants paid | $142,555 |
| Total expenses and disbursements | $149,147 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $17,309 |
| Savings and temporary cash investments | $197,250 |
| 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 | $53 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $0 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $1,059,774 |
| 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 |
Over the last fiscal year, L A M P Foundation has awarded $142,555 in support to 24 organizations.
| Grant Recipient | Amount |
|---|---|
AMADEUS CHAMBER ENSEMBLE PURPOSE: GENERAL OPERATING | $1,000 |
AMERICAN ACADEMY IN ROME PURPOSE: GENERAL OPERATING | $10,000 |
BECK CULTURAL EXCHANGE CENTER PURPOSE: GENERAL OPERATING | $2,000 |
EAST TN HISTORICAL SOCIETY PURPOSE: GENERAL SUPPORT | $1,000 |
EPISCOPAL SCHOOL OF KNOXVILLE PURPOSE: GENERAL SUPPORT | $2,600 |
KNOXVILLE BOTANICAL GARDENS PURPOSE: GENERAL OPERATING | $1,000 |