Lvm Foundation is located in La Puente, CA. According to its NTEE Classification (P20) the organization is classified as: Human Service Organizations, under the broad grouping of Human Services and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Lvm 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 06/2023, Lvm Foundation generated $173.2k in total revenue. All expenses for the organization totaled $203.3k during the year ending 06/2023.
Form
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2023
Describe the Organization's Program Activity:
Part 3 - Line 4a
CHP 11-99 FOUNDATION
LIONS INTERNATIONAL
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $50,000 |
| Interest on Savings | $0 |
| Dividends & Interest | $121,759 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $0 |
| Capital Gain Net Income | $5,167 |
| Net ST Capital Gain | $9,623 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $1,430 |
| Total Revenue | $173,189 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $14,400 |
| Other employee salaries and wages | $41,200 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $7,705 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $244 |
| Printing and publications | $0 |
| Other expenses | $68,018 |
| Total operating and administrative expenses | $183,346 |
| Contributions, gifts, grants paid | $20,000 |
| Total expenses and disbursements | $203,346 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $13,473 |
| Savings and temporary cash investments | $1,014,398 |
| Net Accounts receivable | $0 |
| Net Pledges Receivable | $0 |
| Grants receivable | $0 |
| Receivables from Officers, Directors, or Controlling Persons | $2,900 |
| Net other notes and loans receivable | $1,910,000 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $5,221 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $0 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $2,945,992 |
| Accounts payable and accrued expenses | $1,451 |
| 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 | $1,451 |
Over the last fiscal year, Lvm Foundation has awarded $20,000 in support to 4 organizations.
| Grant Recipient | Amount |
|---|---|
CITY OF HOPE PURPOSE: GENERAL RESEARCH | $0 |
CHP 11-99 FOUNDATION PURPOSE: GENERAL SUPPORT | $10,000 |
AMERICAN MAGANG ASSOCIATION PURPOSE: GENERAL SUPPORT | $0 |
LIONS INTERNATIONAL PURPOSE: GENERAL SUPPORT | $10,000 |