The L B Research And Education Foundation

Organization Overview

The L B Research And Education Foundation is located in Asheville, NC. The organization was established in 1999. 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. L B Research And Education 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, L B Research And Education Foundation generated $7.3m in total revenue. All expenses for the organization totaled $1.8m during the year ending 12/2021. While expenses have increased by 24.2% per year over the past 7 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.

Since 2015, L B Research And Education Foundation has awarded 39 individual grants totaling $4,846,500. 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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Financial Statements

Statement of Revenue
Contributions, Gifts, Grants & Similar $4,708,469
Interest on Savings $313,982
Dividends & Interest $499,918
Net Rental Income$0
Net Gain on Sale of Assets $1,804,859
Capital Gain Net Income $1,804,859
Net ST Capital Gain $0
Income Modifications $0
Profit on Inventory Sales $0
Other Income $0
Total Revenue $7,327,228

Grants Awarded

Over the last fiscal year, The L B Research And Education Foundation has awarded $1,330,000 in support to 14 organizations.

Grant RecipientAmount

UNIVERSITY OF CINCINNATI FOUNDATION

Org PageRecipient Profile

Cincinnati, OH

PURPOSE: MEDICAL STUDENT SCHOLARSHIPS

$420,000

OHIO STATE UNIVERSITY FOUNDATION

Org PageRecipient Profile

Columbus, OH

PURPOSE: MEDICAL STUDENT SCHOLARSHIPS

$300,000

BLALOCK FOUNDATION

Org PageRecipient Profile

Santa Monica, CA

PURPOSE: GENERAL SUPPORT

$100,000

HARMONY PROJECT LOS ANGELES

PURPOSE: GENERAL SUPPORT

$100,000

Beverly Hills, CA

PURPOSE: GENERAL SUPPORT

$75,000

YOUTH MENTORING CONNECTION

Org PageRecipient Profile

Los Angeles, CA

PURPOSE: GENERAL SUPPORT

$75,000
View Grant Profile

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