Laham Charitable Foundation Inc is located in Potwin, KS. The organization was established in 2017. 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. Laham Charitable Foundation Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
Since 2019, Laham Charitable Foundation Inc has awarded 123 individual grants totaling $531,315. 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.
Form
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2023
Describe the Organization's Program Activity:
Part 3 - Line 4a
N/A
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Joseph Laham President | 5 | $2,500 | |
David Laham Treasurer | 5 | $8,700 | |
Joseph M Laham Director | 1 | $1,185 | |
Kaylee Laham Director | 1 | $1,185 | |
Emily Laham Director | 1 | $1,185 | |
Zachary Laham Director | 1 | $1,185 |
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $1,033 |
| Dividends & Interest | $33,084 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | -$69,621 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $3,042 |
| Total Revenue | -$32,462 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $15,940 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $2,500 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $524 |
| Printing and publications | $0 |
| Other expenses | $288 |
| Total operating and administrative expenses | $42,996 |
| Contributions, gifts, grants paid | $79,500 |
| Total expenses and disbursements | $122,496 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $8,551 |
| Savings and temporary cash investments | $28,576 |
| 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 | $1,737,153 |
| 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 |
Over the last fiscal year, Laham Charitable Foundation Inc has awarded $79,500 in support to 29 organizations.
| Grant Recipient | Amount |
|---|---|
CORNERSTONE CHURCH PURPOSE: DONATION TO GENERAL FUND FOR OPERATING COSTS | $5,000 |
KREATIVE KIDS FAITH ACADEMY PURPOSE: DONATION TO GENERAL FUND FOR OPERATING COSTS | $1,000 |
PIONEER BLUFFS ECF PURPOSE: DONATION TO GENERAL FUND FOR OPERATING COSTS | $1,000 |
ST JOHNS EPISCOPAL CHURCH PURPOSE: DONATION TO GENERAL FUND FOR OPERATING COSTS | $1,000 |
VICTORY IN THE VALLEY PURPOSE: DONATION TO GENERAL FUND FOR OPERATING COSTS | $1,000 |
KANSANS FOR LIFE PURPOSE: DONATION TO GENERAL FUND FOR OPERATING COSTS | $1,000 |