Lohse Foundation
- Assets
- $295.3k
- Revenue
- $15.6k
- Investments
- $275.4k
- Employees
- 0
- Location
- Tucson, AZ
- Founding
- 07/2002
- Data as of
- 12/2022
- EIN
- 75-3034777
Organization Overview
Lohse Foundation is located in Tucson, AZ. The organization was established in 2002. According to its NTEE Classification (T22) the organization is classified as: Private Independent 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. Lohse 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, Lohse Foundation generated $15.6k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (3.2%) each year. All expenses for the organization totaled $17.8k during the year ending 12/2022. 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 |
|---|---|---|---|
Linda Lohse Treasurer/secretary | 1 | $0 | |
Robert Lohse President | 1 | $0 | |
Jennifer Lohse Vice-President | 1 | $0 | |
Patricia Lohse Not On Board Chief Financial Officer | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $3 |
| Dividends & Interest | $17,309 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | -$1,721 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $15,591 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $200 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $911 |
| Total operating and administrative expenses | $2,828 |
| Contributions, gifts, grants paid | $15,000 |
| Total expenses and disbursements | $17,828 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $19,841 |
| 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 | $295,286 |
| 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, Lohse Foundation has awarded $15,000 in support to 7 organizations.
| Grant Recipient | Amount |
|---|---|
FRIENDS OF PACC PURPOSE: COMMUNITY UNRESTRICTED FUNDS | $1,000 |
ANGEL CHARITY FOR CHILDREN PURPOSE: COMMUNITY UNRESTRICTED FUNDS | $1,000 |
PLANNED PARENTHOOD ARIZONA PURPOSE: WOMEN'S HEALTH FUNDS | $6,000 |
JEWISH COMMUNITY FOUNDATION OF SOUTHERN AZ PURPOSE: COMMUNITY ENDOWMENT FUNDS | $1,000 |
YMCA FOUNDATION OF SOUTHERN AZ PURPOSE: COMMUNITY ENDOWMENT FUNDS | $3,000 |
JUNIOR LEAGUE OF TUCSON PURPOSE: COMMUNITY UNRESTRICTED FUNDS | $1,000 |