William & Leona Lorberbaum Charitable Foundation
- Assets
- $197.9k
- Revenue
- $5.8k
- Investments
- $194.8k
- Employees
- 0
- Location
- Plattsburgh, NY
- Founding
- 06/1997
- Data as of
- 12/2023
- EIN
- 11-3346508
Organization Overview
William & Leona Lorberbaum Charitable Foundation is located in Plattsburgh, NY. The organization was established in 1997. According to its NTEE Classification (P30) the organization is classified as: Children & Youth Services, under the broad grouping of Human Services and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. William & Leona Lorberbaum 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 12/2023, William & Leona Lorberbaum Charitable Foundation generated $5.8k 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 (16.0%) each year. All expenses for the organization totaled $19.9k during the year ending 12/2023. As we would expect to see with falling revenues, expenses have declined by (6.6%) per year over the past 8 years. You can explore the organizations financials more deeply in the financial statements section below.
Since 2016, William & Leona Lorberbaum Charitable Foundation has awarded 193 individual grants totaling $160,121. 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
CASH DONATIONS TO VARIOUS CHARITIES
NONE
NONE
NONE
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Marilyn Lorberbaum President | 0 | $0 | |
Lawrence Lorberbaum Treasurer | 0 | $0 | |
Robert Lorberbaum Secretary | 0 | $0 | |
Edwin Perlstein VP | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $72 |
| Dividends & Interest | $5,750 |
| 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 | $5,822 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| 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 | $4,317 |
| Total operating and administrative expenses | $5,817 |
| Contributions, gifts, grants paid | $14,068 |
| Total expenses and disbursements | $19,885 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $3,081 |
| 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 | $197,867 |
| 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, William & Leona Lorberbaum Charitable Foundation has awarded $14,068 in support to 14 organizations.
| Grant Recipient | Amount |
|---|---|
CAMERA PURPOSE: GENERAL | $300 |
FRIENDS OF THE IDF PURPOSE: GENERAL | $1,000 |
JUDICIAL WATCH PURPOSE: GENERAL | $1,000 |
KAYENTA ARTS FOUNDATION PURPOSE: GENERAL | $350 |
SIMON WEISENTHAL CENTER PURPOSE: GENERAL | $500 |
HADASSAH PURPOSE: GENERAL | $500 |