Vahe And Lucie Foundation
- Assets
- $3.6m
- Revenue
- -$811.0
- Investments
- $2.4m
- Employees
- 0
- Location
- Los Angeles, CA
- Founding
- Data as of
- 12/2022
- EIN
- 86-1575141
Organization Overview
Vahe And Lucie Foundation is located in Los Angeles, CA. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Vahe And Lucie Foundation is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
Form
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2022
Describe the Organization's Program Activity:
Part 3 - Line 4a
NONE - CONTRIBUTES TO CHARITABLE ORGANIZATIONS ONLY
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PDF Copies of 990 Filings
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $529 |
| Dividends & Interest | $35,190 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | -$37,503 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $973 |
| Total Revenue | -$811 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $17,900 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $0 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $12,321 |
| Total operating and administrative expenses | $39,220 |
| Contributions, gifts, grants paid | $146,000 |
| Total expenses and disbursements | $185,220 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $10,575 |
| 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 | $0 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $1,180,000 |
| Total assets | $3,615,817 |
| 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, Vahe And Lucie Foundation has awarded $146,000 in support to 3 organizations.
| Grant Recipient | Amount |
|---|---|
LARK MUSICAL SOCIETY PURPOSE: TO SERVE AS THE MUSICAL AND BRAIN TRUST FOR THE ARMENIAN COMMUNITY IN LOS ANGELES. | $50,000 |
CHILDREN OF ARMENIA FUND INC PURPOSE: TO PROVIDE EDUCATION, HEALTHCARE AND SOCIO-ECONOMIC INITIATIVES AIMED AT PROVIDING RURAL COMMUNITIES WITH RESOURCES AND TOOLS NEEDED TO THRIVE. | $50,000 |
IMPACT HUB ARMENIA INC PURPOSE: TO MAKE A POSITIVE IMPACT, TO HELP PAVE THE WAY TO A BETTER FUTURE. | $46,000 |