Strong-Lachemann Foundation
- Assets
- $844.9k
- Revenue
- $15.3k
- Investments
- $797.6k
- Employees
- 0
- Location
- Sacramento, CA
- Founding
- 07/2001
- Data as of
- 12/2022
- EIN
- 94-3386424
Organization Overview
Strong-Lachemann Foundation is located in Sacramento, CA. The organization was established in 2001. 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. Strong-Lachemann 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 12/2022, Strong-Lachemann Foundation generated $15.3k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 8 years, the organization has seen revenues fall by an average of (21.2%) each year. All expenses for the organization totaled $75.8k during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, Strong-Lachemann Foundation has awarded 213 individual grants totaling $483,424. 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 |
|---|---|---|---|
Stephanie Miyamoto President | 0 | $0 | |
Sara Culleton Secretary | 0 | $0 | |
Brad Lachemann CFO | 0 | $0 | |
Brett Lachemann Vice President | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $147 |
| Dividends & Interest | $14,859 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $365 |
| Capital Gain Net Income | $365 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | -$44 |
| Total Revenue | $15,327 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $488 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $9,791 |
| Total operating and administrative expenses | $14,029 |
| Contributions, gifts, grants paid | $61,810 |
| Total expenses and disbursements | $75,839 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $47,315 |
| 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 | $797,632 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $844,947 |
| 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 | $563 |
| Total liabilities | $563 |
Grants Awarded
Over the last fiscal year, Strong-Lachemann Foundation has awarded $61,810 in support to 39 organizations.
| Grant Recipient | Amount |
|---|---|
UCLA DEPARTMENT OF UROLOGY PURPOSE: TO BE USED TO FURTHER PROSTATE CANCER RESEARCH. | $1,000 |
STANFORD WATER POLO FOUNDATION PURPOSE: TO BE USED TO CONTINUE THE FINE WATER POLO TRADITION AT STANFORD UNIVERSITY. | $10,000 |
ST JUDE CHILDREN'S RESEARCH HOSPITA PURPOSE: TO BE USED TO FURTHER PEDIATRIC TREATMENT AND RESEARCH. | $1,000 |
WOUNDED WARRIOR PROJECT PURPOSE: TO BE USED TO IN ANY MANNER THAT THE ORGANIZATION DEEMS PROPER. | $3,000 |
FRIENDS FOR SURVIVAL INC PURPOSE: TO BE USED TO IN ANY MANNER THAT THE ORGANIZATION DEEMS PROPER. | $1,000 |
SOCIETY FOR THE BLIND PURPOSE: TO BE USED TO IN ANY MANNER THAT THE ORGANIZATION DEEMS PROPER. | $5,000 |