Loring Family Foundation
- Assets
- $1.6m
- Revenue
- -$65.7k
- Investments
- $1.7m
- Employees
- 0
- Location
- Cincinnati, OH
- Founding
- 02/2017
- Data as of
- 12/2022
- EIN
- 81-4805642
Organization Overview
Loring Family Foundation is located in Cincinnati, OH. The organization was established in 2017. 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. Loring 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.
Since 2017, Loring Family Foundation has awarded 68 individual grants totaling $506,996. 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 |
|---|---|---|---|
Brent D Loring President/tr | 0 | $0 | |
Michelle Loring VP And Secre | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $700 |
| Interest on Savings | $145 |
| Dividends & Interest | $26,228 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | -$92,745 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | -$65,672 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $16 |
| Taxes | $3,993 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $33 |
| Total operating and administrative expenses | $17,719 |
| Contributions, gifts, grants paid | $114,655 |
| Total expenses and disbursements | $132,374 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | -$79,810 |
| 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 | $650,000 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $11,676 |
| Total assets | $1,585,711 |
| 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, Loring Family Foundation has awarded $114,655 in support to 16 organizations.
| Grant Recipient | Amount |
|---|---|
ASSISTANCE LEAGUE OF GREATER CINCIN PURPOSE: HELP ADULTS AND CHILDREN IN CRISIS | $6,600 |
CINCINNATI CHILDRENS HOSPITAL PURPOSE: HOSPITAL FOR CHILDREN | $6,500 |
BRIDGEWAY ACADEMY PURPOSE: EDUCATION | $3,300 |
CINCINNATI YOUTH COLLABORATIVE PURPOSE: EMPOWERING VULNERABLE YOUTH | $4,000 |
DOHN COMMUNITY HIGH SCHOOL PURPOSE: EDUCATION | $2,600 |
KAREN WELLINGTON FOUNDATION PURPOSE: HELP BREAST CANCER PATIENTS | $3,300 |