L Cruz Foundation is located in Los Angeles, 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. L Cruz 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, L Cruz Foundation generated $95.0k in total revenue. This organization has experienced exceptional growth, as over the past 8 years, it has increased revenue by an average of 19.5% each year . All expenses for the organization totaled $87.2k during the year ending 12/2023. While expenses have increased by 5.9% per year over the past 8 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 2016, L Cruz Foundation has awarded 166 individual grants totaling $364,047. 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.
Form
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2023
Describe the Organization's Program Activity:
Part 3 - Line 4a
N/A
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Lydia F Cruz President | 0 | $0 | |
Leonardo Cruz Secretary/cfo | 0 | $0 |
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $95,000 |
| Interest on Savings | $0 |
| Dividends & Interest | $0 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $0 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $95,000 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $66 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $6,372 |
| Total operating and administrative expenses | $8,108 |
| Contributions, gifts, grants paid | $79,046 |
| Total expenses and disbursements | $87,154 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $25,694 |
| Savings and temporary cash investments | $105,280 |
| 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 | $180,411 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $311,385 |
| 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, L Cruz Foundation has awarded $79,046 in support to 19 organizations.
| Grant Recipient | Amount |
|---|---|
SMILE TRAIN PURPOSE: DONATION | $600 |
CALLED TO RENEW PURPOSE: DONATION | $13,316 |
OUR SAVIOR CATHOLIC CHURCH PURPOSE: DONATION | $12,800 |
STMARY'S MISSION PURPOSE: DONATION | $1,000 |
UNION RESCUE MISSION PURPOSE: DONATION | $1,600 |
MERCY HOME FOR BOYS AND GIRLS PURPOSE: DONATION | $1,000 |