Langum Foundation
- Assets
- $477.6k
- Revenue
- $16.3k
- Investments
- $419.9k
- Employees
- 0
- Location
- Birmingham, AL
- Founding
- 05/2003
- Data as of
- 12/2022
- EIN
- 75-6682039
Organization Overview
Langum Foundation is located in Birmingham, AL. The organization was established in 2003. According to its NTEE Classification (T23) the organization is classified as: Private Operating 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. Langum 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, Langum Foundation generated $16.3k in total revenue. This represents relatively stable growth, over the past 4 years the organization has increased revenue by an average of 3.5% each year. All expenses for the organization totaled $9.9k during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
Form
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2022
Describe the Organization's Program Activity:
Part 3 - Line 4a
PRIZES FOR BOOKS IN AMERICAN HISTORICAL FICTION, AMERICAN LEGAL HISTORY, AND RECORDING COMMUNITY ALTRUISM
TRAVEL GRANTS FOR SCHOLARS WORKING IN DEMATTOS OR LANGUM PAPERS OR ABRAHAM LINCOLN PRESIDENTIAL LIBRARY, SPRINGFIELD, IL.
MODEST TRAVEL GRANTS FOR USE OF LANGUM LEGAL PAPERS SAN JOSE STATE LIBRARY SPECIAL COLLECTIONS.
COST OF PREPARATION AND TRANSFER OF LANGUM AND DEMATTOS PAPERS FOR ABRAHAM LINCOLN PRESIDENTIAL LIBRARY.
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 |
|---|---|---|---|
David J Langum Sr Director & Trustee | 8 | $0 | |
William E Ross Trustee | 0.5 | $0 | |
Virginia Langum Trustee | 0.5 | $0 | |
David J Langum Jr Trustee | 0.5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $16,324 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $0 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $16,324 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $397 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $934 |
| Printing and publications | $0 |
| Other expenses | $4,525 |
| Total operating and administrative expenses | $6,468 |
| Contributions, gifts, grants paid | $3,428 |
| Total expenses and disbursements | $9,896 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $18,077 |
| Savings and temporary cash investments | $36,691 |
| 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 | $3,000 |
| Total assets | $477,647 |
| 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, Langum Foundation has awarded $3,428 in support to 3 organizations.
| Grant Recipient | Amount |
|---|---|
FRAMING SHIPPING CERTIFICATES TO WI PURPOSE: LANGUM PRIZE IN AMERICAN HISTORICAL FICTION | $1,428 |
MICHAEL PUNKE PURPOSE: LANGUM PRIZE IN AMERICAN HISTORICAL FICTION | $1,000 |
MIA BAY PURPOSE: LANGUM PRIZE IN AMERICAN LEGAL HISTORY | $1,000 |