The Larson Family Foundation
- Assets
- $351.7k
- Revenue
- $51.0k
- Investments
- $311.1k
- Employees
- 0
- Location
- Issaquah, WA
- Founding
- 05/2000
- Data as of
- 12/2021
- EIN
- 91-2011085
Organization Overview
The Larson Family Foundation is located in Issaquah, WA. The organization was established in 2000. According to its NTEE Classification (T22) the organization is classified as: Private Independent 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. Larson 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 12/2021, Larson Family Foundation generated $51.0k in total revenue. This organization has experienced exceptional growth, as over the past 5 years, it has increased revenue by an average of 12.0% each year . All expenses for the organization totaled $19.2k during the year ending 12/2021. While expenses have increased by 4.4% per year over the past 5 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Cynthia C Larson Trustee | 5 | $0 | |
John Larson Trustee | 1 | $0 | |
Ander K Larson Trustee | 1 | $0 | |
Christi M Larson Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $40,081 |
| Interest on Savings | $0 |
| Dividends & Interest | $6,770 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $4,130 |
| Capital Gain Net Income | $4,130 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $50,981 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $881 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $0 |
| Total operating and administrative expenses | $3,195 |
| Contributions, gifts, grants paid | $16,000 |
| Total expenses and disbursements | $19,195 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $10,854 |
| Savings and temporary cash investments | $29,834 |
| 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 | $311,054 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $351,742 |
| 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, The Larson Family Foundation has awarded $16,000 in support to 3 organizations.
| Grant Recipient | Amount |
|---|---|
HOPELINK PURPOSE: TO ENABLE FAMILIES IN CRISIS TO MAKE PROGRESS TOWARD AND ACHIEVE SELF-SUFFICIENCY. | $5,000 |
PORTLAND TRANSITION PROJECTS PURPOSE: TO PROVIDE SUPPORT FOR INDIVIDUALS EXPERIENCING HOMELESSNESS | $6,000 |
JUBILEE REACH PURPOSE: UNRESTRICTED SUPPORT | $5,000 |