Lb Foundation

Organization Overview

Lb Foundation is located in Greenville, SC. The organization was established in 2019. 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. Lb 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, Lb Foundation generated $7.4k in total revenue. All expenses for the organization totaled $81.0k during the year ending 12/2021.

Since 2020, Lb Foundation has awarded 14 individual grants totaling $213,259. 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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Financial Statements

Statement of Revenue
Contributions, Gifts, Grants & Similar $0
Interest on Savings $7,435
Dividends & Interest $0
Net Rental Income$0
Net Gain on Sale of Assets $0
Capital Gain Net Income $0
Net ST Capital Gain $0
Income Modifications $0
Profit on Inventory Sales $0
Other Income $0
Total Revenue $7,435

Grants Awarded

Over the last fiscal year, Lb Foundation has awarded $54,949 in support to 4 organizations.

Grant RecipientAmount

Greenville, SC

PURPOSE: DINING ROOM RENOVATION

$25,000

SPARTANBURG SOUP KITCHEN

Org PageRecipient Profile

Spartanburg, SC

PURPOSE: PLEXIGLASS INSTALLATION

$20,500

YOUTHBASE

PURPOSE: RENOVATION SUPPLIES

$5,000

SOTERIA COMMUNITY DEVELOPMENT

PURPOSE: DUST COLLECTOR INSTALLATION

$4,449
View Grant Profile

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