Juan Jacobo De Lara & Jonne Low De Lara Foundation Inc
- Assets
- $5.3m
- Revenue
- $86.4k
- Investments
- $4.9m
- Employees
- 0
- Location
- Westport, CT
- Founding
- 07/1979
- Data as of
- 04/2024
- EIN
- 06-1004121
Organization Overview
Juan Jacobo De Lara & Jonne Low De Lara Foundation Inc is located in Westport, CT. The organization was established in 1979. 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. Juan Jacobo DE Lara & Jonne Low DE Lara Foundation Inc 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 04/2024, Juan Jacobo DE Lara & Jonne Low DE Lara Foundation Inc generated $86.4k 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 (28.4%) each year. All expenses for the organization totaled $444.1k during the year ending 04/2024. You can explore the organizations financials more deeply in the financial statements section below.
Since 2016, Juan Jacobo DE Lara & Jonne Low DE Lara Foundation Inc has awarded 38 individual grants totaling $3,125,000. 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 |
|---|---|---|---|
Robert J Miller Secretary/director/trustee | 3 | $53,087 | |
Angela D DE Lara President/director | 1 | $0 | |
Dilia Carmela Pichardo Director | 0.25 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $112,555 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | -$26,183 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $86,372 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $53,087 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $0 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $13,259 |
| Total operating and administrative expenses | $69,146 |
| Contributions, gifts, grants paid | $375,000 |
| Total expenses and disbursements | $444,146 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $374,925 |
| 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 | $4,877,623 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $5,252,548 |
| 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, Juan Jacobo De Lara & Jonne Low De Lara Foundation Inc has awarded $375,000 in support to 6 organizations.
| Grant Recipient | Amount |
|---|---|
ALLEGHENY COLLEGE PURPOSE: UNRESTRICTED | $130,000 |
CHANNEL THIRTEENWNET PURPOSE: UNRESTRICTED | $20,000 |
COLUMBIA UNIVERSITY SCHOOL OF GENERAL STUDIES PURPOSE: SCHOLARSHIP PROGRAM FOR DISADVANTAGED STUDENTS | $160,000 |
HEARING HEALTH FOUNDATION PURPOSE: UNRESTRICTED | $10,000 |
NEIGHBORHOOD STUDIOS OF FAIRFIELD PURPOSE: UNRESTRICTED | $15,000 |
NORWALK COMMUNITY COLLEGE PURPOSE: UNRESTRICTED | $40,000 |