Leinweber Foundation
- Assets
- $64.8m
- Revenue
- $950.3k
- Investments
- $59.9m
- Employees
- 0
- Location
- Birmingham, MI
- Founding
- 03/2016
- Data as of
- 12/2022
- EIN
- 81-0834290
Organization Overview
Leinweber Foundation is located in Birmingham, MI. The organization was established in 2016. 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. Leinweber 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, Leinweber Foundation generated $950.3k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 4 years, the organization has seen revenues fall by an average of (54.5%) each year. All expenses for the organization totaled $5.2m during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
Since 2020, Leinweber Foundation has awarded 25 individual grants totaling $12,890,000. 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.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Larry Leinweber President , Treasurer, Director | 5 | $0 | |
Claudia Babiarz Director | 0.1 | $0 | |
David Leinweber Director | 0.1 | $0 | |
Ashley Leinweber Vice President, Director | 0.1 | $0 | |
Jessica Leinweber Secretary, Director, Exec Director | 40 | $159,500 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Jpmorgan | 12/30/21 | $113,158 |
New Vintage Llc | 12/30/21 | $71,259 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $1,293,323 |
| Interest on Savings | $0 |
| Dividends & Interest | $1,789,494 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | -$2,133,561 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $997 |
| Total Revenue | $950,253 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $159,500 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $1,654 |
| Taxes | $33,386 |
| Depreciation | $7,528 |
| Occupancy | $25,187 |
| Travel, conferences, and meetings | $4,034 |
| Printing and publications | $798 |
| Other expenses | $325,096 |
| Total operating and administrative expenses | $571,396 |
| Contributions, gifts, grants paid | $4,600,000 |
| Total expenses and disbursements | $5,171,396 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $1,188,508 |
| Savings and temporary cash investments | $0 |
| Net Accounts receivable | $3,674,467 |
| 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 | $7,613,140 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $64,750,286 |
| 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, Leinweber Foundation has awarded $4,600,000 in support to 5 organizations.
| Grant Recipient | Amount |
|---|---|
UNIVERSITY OF MICHIGAN PURPOSE: CHARITABLE | $4,000,000 |
MI COLLEGE ACCESS NETWORK PURPOSE: CHARITABLE | $150,000 |
NATIONAL WILDLIFE FEDERATION PURPOSE: CHARITABLE | $200,000 |
NCH RESEARCH INSTITUTE PURPOSE: CHARITABLE | $100,000 |
BEYOND BASICS PURPOSE: CHARITABLE | $150,000 |