Loof Family Foundation Inc
- Assets
- $240.4k
- Revenue
- $79.1k
- Investments
- $214.8k
- Employees
- 0
- Location
- Ft Lauderdale, FL
- Founding
- Data as of
- 12/2022
- EIN
- 82-3585332
Organization Overview
Loof Family Foundation Inc is located in Ft Lauderdale, FL. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Loof Family 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.
For the year ending 12/2022, Loof Family Foundation Inc generated $79.1k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 5 years, the organization has seen revenues fall by an average of (27.1%) each year. All expenses for the organization totaled $226.5k during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
Since 2018, Loof Family Foundation Inc has awarded 50 individual grants totaling $932,871. 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 |
|---|---|---|---|
Per Olof Loof Director | 2 | $0 | |
Robin Loof Director | 1 | $0 | |
Lily Loof Director | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $57,500 |
| Interest on Savings | $2 |
| Dividends & Interest | $13,972 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $7,671 |
| Capital Gain Net Income | $7,671 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $79,145 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $167 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $6,047 |
| Printing and publications | $0 |
| Other expenses | $240 |
| Total operating and administrative expenses | $6,454 |
| Contributions, gifts, grants paid | $220,000 |
| Total expenses and disbursements | $226,454 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $25,600 |
| 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 | $214,795 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $240,395 |
| 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, Loof Family Foundation Inc has awarded $220,000 in support to 8 organizations.
| Grant Recipient | Amount |
|---|---|
FLORIDA GRAND OPERA PURPOSE: UNRESTRICTED | $110,000 |
INTL CENTER FOR MISSING AND EXPLOITED CHILDREN PURPOSE: UNRESTRICTED | $30,000 |
ROYAL DAMES OF CANCER RESEARCH PURPOSE: UNRESTRICTED | $25,000 |
CHILDNET OF SO FLORIDA PURPOSE: UNRESTRICTED | $11,000 |
NOVA SE UNIVERSITY MUSEUM OF ART PURPOSE: UNRESTRICTED | $25,000 |
SWEDISH CH OF SOUTH FLORIDA PURPOSE: UNRESTRICTED | $2,000 |