Larson Foreign Mission Foundation
- Assets
- $6.6m
- Revenue
- $1.3m
- Investments
- $1.9m
- Employees
- 0
- Location
- Tigard, OR
- Founding
- 05/1982
- Data as of
- 02/2024
- EIN
- 93-0763215
Organization Overview
Larson Foreign Mission Foundation is located in Tigard, OR. The organization was established in 1982. 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. Larson Foreign Mission 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 02/2024, Larson Foreign Mission Foundation generated $1.3m in total revenue. This represents a relatively dramatic decline in revenue. Over the past 5 years, the organization has seen revenues fall by an average of (3.8%) each year. All expenses for the organization totaled $1.7m during the year ending 02/2024. You can explore the organizations financials more deeply in the financial statements section below.
Since 2016, Larson Foreign Mission Foundation has awarded 162 individual grants totaling $7,158,919. 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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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Vivian Davis Secretary | 10 | $13,906 | |
Daniel Mcguire Director | 0 | $0 | |
Gregory Davis President | 0 | $0 | |
Loren Davis Director | 0 | $0 | |
Connie O'farrell Director | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $530,799 |
| Interest on Savings | $548 |
| Dividends & Interest | $9,538 |
| Net Rental Income | $645,206 |
| Net Gain on Sale of Assets | -$101,806 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $20 |
| Total Revenue | $1,298,292 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $13,906 |
| Other employee salaries and wages | $148,927 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $24,905 |
| Depreciation | $64,482 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $27,619 |
| Printing and publications | $0 |
| Other expenses | $272,221 |
| Total operating and administrative expenses | $570,966 |
| Contributions, gifts, grants paid | $1,178,016 |
| Total expenses and disbursements | $1,748,982 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $81,312 |
| Savings and temporary cash investments | $56,843 |
| Net Accounts receivable | $6,972 |
| Net Pledges Receivable | $0 |
| Grants receivable | $0 |
| Receivables from Officers, Directors, or Controlling Persons | $0 |
| Net other notes and loans receivable | $2,019,000 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $2,396 |
| Net Investments - land, buildings, equipment | $1,638,614 |
| Investments—mortgage loans | $0 |
| Investments—other | $1,211,841 |
| Net Land, buildings, and equipment | $5,157 |
| Other assets | $950,002 |
| Total assets | $6,635,863 |
| 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 | $63,459 |
| Total liabilities | $63,459 |
Grants Awarded
Over the last fiscal year, Larson Foreign Mission Foundation has awarded $1,178,016 in support to 23 organizations.
| Grant Recipient | Amount |
|---|---|
BADAVO BANJARA PHOZEAR TRUST PURPOSE: CHARITABLE SUPPORT | $356,000 |
BEHALA HUMAN CARE MISSION PURPOSE: CHARITABLE SUPPORT | $4,851 |
TACDP-THE ASIAN CHRISTIAN DEVL PURPOSE: CHARITABLE SUPPORT | $12,000 |
BHARTIYA SEWAK SANGATI PURPOSE: CHARITABLE SUPPORT | $60,000 |
LOGOS FAITH FOUNDATION PURPOSE: CHARITABLE SUPPORT | $15,000 |
MISSION CONNEXION NW PURPOSE: CHARITABLE SUPPORT | $3,600 |