Laby Family Foundation
- Assets
- $170.8k
- Revenue
- $44.8k
- Investments
- $153.3k
- Employees
- 0
- Location
- Westlake Village, CA
- Founding
- 12/1998
- Data as of
- 12/2022
- EIN
- 77-0496226
Organization Overview
Laby Family Foundation is located in Westlake Village, CA. The organization was established in 1998. 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. Laby 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 12/2022, Laby Family Foundation generated $44.8k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 8 years, the organization has seen revenues fall by an average of (21.3%) each year. All expenses for the organization totaled $112.3k during the year ending 12/2022. As we would expect to see with falling revenues, expenses have declined by (11.7%) per year over the past 8 years. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, Laby Family Foundation has awarded 75 individual grants totaling $1,377,975. 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.
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 |
|---|---|---|---|
Jordan M Laby CEO | 1 | $0 | |
Sandra Laby Secretary/cfo | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $3,895 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $40,290 |
| Capital Gain Net Income | $40,290 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $611 |
| Total Revenue | $44,796 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $1,217 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $0 |
| Total operating and administrative expenses | $15,343 |
| Contributions, gifts, grants paid | $97,000 |
| Total expenses and disbursements | $112,343 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $17,433 |
| 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 | $24,141 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $60 |
| Total assets | $170,826 |
| 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 | $2,365 |
| Total liabilities | $2,365 |
Grants Awarded
Over the last fiscal year, Laby Family Foundation has awarded $97,000 in support to 6 organizations.
| Grant Recipient | Amount |
|---|---|
VENTURA MUSIC FESTIVAL PURPOSE: TO FURTHER ADVANCEMENT IN THE ARTS | $15,000 |
CAMERATA PACIFICA PURPOSE: TO FURTHER ADVANCEMENT IN THE ARTS | $15,000 |
RUBICON THEATRE PURPOSE: TO FURTHER ADVANCEMENT IN THE ARTS | $30,000 |
NEW WEST SYMPHONY PURPOSE: TO FURTHER ADVANCEMENT IN THE ARTS | $30,000 |
FOCUS ON THE MASTERS PURPOSE: TO FURTHER ADVANCEMENT IN THE ARTS | $6,000 |
VENTURA BOTANICAL GARDENS PURPOSE: TO CREATE AND MAINTAIN PUBLIC GARDENS FOR THE PRESERVATION, EDUCATION, CULTURAL CONTRIBUTION & ENHANCEMENT OF THE ENTIRE COMMUNITY. | $1,000 |