Laurie & Dave Foundation
- Assets
- $444.1k
- Revenue
- $423.3k
- Investments
- $351.5k
- Employees
- 0
- Location
- Lebanon, PA
- Founding
- 06/2017
- Data as of
- 12/2021
- EIN
- 81-4857697
Organization Overview
Laurie & Dave Foundation is located in Lebanon, PA. 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. Laurie & Dave 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 12/2021, Laurie & Dave Foundation generated $423.3k in total revenue. This organization has experienced exceptional growth, as over the past 3 years, it has increased revenue by an average of 21.3% each year . All expenses for the organization totaled $249.3k during the year ending 12/2021. You can explore the organizations financials more deeply in the financial statements section below.
Since 2020, Laurie & Dave Foundation has awarded 39 individual grants totaling $485,900. 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 |
|---|---|---|---|
David H Funk President | 1 | $0 | |
Laurie Rc Funk Secretary-Treasurer | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $290,810 |
| Interest on Savings | $0 |
| Dividends & Interest | $8,959 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $123,861 |
| Capital Gain Net Income | $123,861 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | -$347 |
| Total Revenue | $423,283 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $1,724 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $7,200 |
| Total operating and administrative expenses | $11,080 |
| Contributions, gifts, grants paid | $238,200 |
| Total expenses and disbursements | $249,280 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $78,867 |
| 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 | $1,913 |
| Prepaid expenses and deferred charges | $0 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $234,233 |
| Net Land, buildings, and equipment | $11,796 |
| Other assets | $0 |
| Total assets | $444,112 |
| 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 | $4,198 |
| Total liabilities | $4,198 |
Grants Awarded
Over the last fiscal year, Laurie & Dave Foundation has awarded $157,500 in support to 7 organizations.
| Grant Recipient | Amount |
|---|---|
CEDAR FOUNDATION PURPOSE: QUALIFIED ACTIVITIES | $1,000 |
COMMUNITY HEALTH COUNCIL OF LEBANON COUNTY PURPOSE: QUALIFIED ACTIVITIES | $500 |
LEBANON VALLEY FAMILY YMCA PURPOSE: QUALIFIED ACTIVITIES | $150,000 |
SOUTHERN POVERTY LAW CENTER PURPOSE: QUALIFIED ACTIVITIES | $1,000 |
WEPA EMPOWERMENT CENTER PURPOSE: QUALIFIED ACTIVITIES | $2,000 |
UNITED WAY OF LEBANON COUNTY PURPOSE: QUALIFIED ACTIVITIES | $1,000 |