Laurence B Flaws Memorial Fdn
- Assets
- $4.3m
- Revenue
- $271.1k
- Investments
- $4.2m
- Employees
- 0
- Location
- Las Vegas, NV
- Founding
- 08/1984
- Data as of
- 12/2023
- EIN
- 95-6809384
Organization Overview
Laurence B Flaws Memorial Fdn is located in Las Vegas, NV. The organization was established in 1984. According to its NTEE Classification (T70) the organization is classified as: Federated Giving Programs, 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. Laurence B Flaws Memorial Fdn 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, Laurence B Flaws Memorial Fdn generated $271.1k in total revenue. This organization has experienced exceptional growth, as over the past 5 years, it has increased revenue by an average of 10.9% each year . All expenses for the organization totaled $329.9k during the year ending 12/2023. While expenses have increased by 5.1% 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.
Since 2018, Laurence B Flaws Memorial Fdn has awarded 30 individual grants totaling $1,223,412. 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 | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $140,052 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $131,063 |
| Capital Gain Net Income | $131,063 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $271,115 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $51,738 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $12,650 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $40 |
| Total operating and administrative expenses | $74,674 |
| Contributions, gifts, grants paid | $255,180 |
| Total expenses and disbursements | $329,854 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $1,225 |
| Savings and temporary cash investments | $117,836 |
| 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 | $1,754,715 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $4,343,735 |
| 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, Laurence B Flaws Memorial Fdn has awarded $255,180 in support to 6 organizations.
| Grant Recipient | Amount |
|---|---|
ASSISTANCE LEAGUE OF SOUTHERN PURPOSE: GENERAL SUPPORT | $42,530 |
AMERICAN CANCER SOCIETY INC PURPOSE: GENERAL SUPPORT | $42,530 |
BRAILLE INSTITUTE OF AMERICA INC PURPOSE: GENERAL SUPPORT | $42,530 |
LOS ANGELES TRADE TECH COLLEGE PURPOSE: GENERAL SUPPORT | $42,530 |
CHILDHELP USA PURPOSE: GENERAL SUPPORT | $42,530 |
CITY OF HOPE PURPOSE: GENERAL SUPPORT | $42,530 |