J A Lafortune Foundation
- Assets
- $208.5k
- Revenue
- $7.1k
- Investments
- $196.8k
- Employees
- 0
- Location
- Tulsa, OK
- Founding
- 03/1947
- Data as of
- 12/2023
- EIN
- 73-6092073
Organization Overview
J A Lafortune Foundation is located in Tulsa, OK. The organization was established in 1947. 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. J A Lafortune 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, J A Lafortune Foundation generated $7.1k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 6 years, the organization has seen revenues fall by an average of (8.7%) each year. All expenses for the organization totaled $21.8k during the year ending 12/2023. You can explore the organizations financials more deeply in the financial statements section below.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Robert J Lafortune President | 1 | $0 | |
Joseph A Lafortune III Appted Member | 1 | $0 | |
Patricia A Walker Secretary | 1 | $0 | |
Janet H Nelson Treasurer | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $7,836 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | -$726 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $7,110 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $13 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $0 |
| Total operating and administrative expenses | $3,775 |
| Contributions, gifts, grants paid | $18,000 |
| Total expenses and disbursements | $21,775 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $11,774 |
| 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 | $208,527 |
| 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, J A Lafortune Foundation has awarded $18,000 in support to 14 organizations.
| Grant Recipient | Amount |
|---|---|
MONTE CASINO PURPOSE: GENERAL FUND | $1,200 |
TULSA AREA UNITED WAY PURPOSE: GENERAL OPERATIONS | $2,000 |
PHILBROOK MUSEUM OF ART PURPOSE: OPERATING BUDGET | $1,200 |
INDIAN NATION COUNCIL PURPOSE: OPERATING BUDGET | $1,200 |
CATHOLIC CHARITIES OF THE DIO PURPOSE: GENERAL FUND | $1,200 |
DAY CENTER FOR THE HOMELESS PURPOSE: GENERAL FUND | $1,200 |