Lubrano Family Charitable Foundation
- Assets
- $2.9m
- Revenue
- $248.7k
- Investments
- $2.7m
- Employees
- 0
- Location
- Boston, MA
- Founding
- 11/1997
- Data as of
- 04/2022
- EIN
- 04-6835151
Organization Overview
Lubrano Family Charitable Foundation is located in Boston, MA. The organization was established in 1997. 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. Lubrano Family Charitable 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 04/2022, Lubrano Family Charitable Foundation generated $248.7k in total revenue. This organization has experienced exceptional growth, as over the past 5 years, it has increased revenue by an average of 28.0% each year . All expenses for the organization totaled $212.2k during the year ending 04/2022. While expenses have increased by 3.0% 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 2016, Lubrano Family Charitable Foundation has awarded 451 individual grants totaling $747,750. 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
2022
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE FOUNDATION'S SOLE CHARITABLE ACTIVITY DURING THE TAX YEAR WAS TO MAKE CASH CONTRIBUTIONS TO CHARITABLE ORGANIZATIONS,EACH OF WHICH IS AN IRC SEC. 501(C) ORGANIZATION.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Elizabeth Ann Dwyer Advisory Committee Member | 0 | $0 | |
Stacy Jean Lamson Advisory Committee Member | 0 | $0 | |
Kathryn Lubrano Robinson Advisory Committee Member | 1 | $0 | |
Jennifer Lynn Clayton Advisory Committee Member | 0 | $0 | |
Stephen David Lubrano Advisory Committee Member | 0 | $0 | |
Emmett E Lyne Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $19 |
| Dividends & Interest | $60,031 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $188,681 |
| Capital Gain Net Income | $188,681 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $248,731 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $5,063 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $1,405 |
| Printing and publications | $0 |
| Other expenses | $46,747 |
| Total operating and administrative expenses | $54,965 |
| Contributions, gifts, grants paid | $157,250 |
| Total expenses and disbursements | $212,215 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $138,207 |
| Savings and temporary cash investments | $0 |
| 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 | $0 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $2,858,880 |
| 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, Lubrano Family Charitable Foundation has awarded $157,250 in support to 104 organizations.
| Grant Recipient | Amount |
|---|---|
ADIRONDACK MOUNTAIN CLUB PURPOSE: GENERAL CHARITABLE PURPOSES | $1,000 |
350NH PURPOSE: GENERAL CHARITABLE PURPOSES | $800 |
BARSTOOL FUND CO 30 DAY FUND PURPOSE: GENERAL CHARITABLE PURPOSES | $2,000 |
BELMONT HILL SCHOOL PURPOSE: GENERAL CHARITABLE PURPOSES | $1,000 |
BOWDOIN COLLEGE PURPOSE: GENERAL CHARITABLE PURPOSES; POLAR BEAR ATHLETIC CLUB | $500 |
BOLT PURPOSE: GENERAL CHARITABLE PURPOSES | $2,500 |