Lebel Family Foundation is located in Muskegon, MI. 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. Lebel Family 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 12/2023, Lebel Family Foundation generated $20.8k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 3 years, the organization has seen revenues fall by an average of (41.8%) each year. All expenses for the organization totaled $18.9k during the year ending 12/2023. You can explore the organizations financials more deeply in the financial statements section below.
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $21,250 |
| Interest on Savings | $18 |
| Dividends & Interest | $612 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | -$1,052 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $20,828 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $28 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $0 |
| Total operating and administrative expenses | $278 |
| Contributions, gifts, grants paid | $18,650 |
| Total expenses and disbursements | $18,928 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $4,168 |
| Savings and temporary cash investments | $86,403 |
| 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 | $0 |
| Total assets | $90,571 |
| 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 |
Over the last fiscal year, Lebel Family Foundation has awarded $18,650 in support to 10 organizations.
| Grant Recipient | Amount |
|---|---|
CANNONSVILLE CRITTERS PURPOSE: BLUE LIGHT FIXTURES | $2,000 |
SHELTER ANIMAL PURPOSE: SPAY/NEUTER 20 CATS | $2,000 |
BIG LAKE HUMANE SOCIETY PURPOSE: CAMERAS/DENTAL SOFTWARE | $2,650 |
SALVATION ARMY PURPOSE: GENERAL PURPOSES | $1,000 |
MUSKEGON AREA LIBRARY PURPOSE: MEMORIAL BOOK PURCHASES | $1,500 |
PROSTATE CANCER FOUNDATION PURPOSE: MATCHING GRANT CHALLENGE | $3,000 |