L & L Foundation
- Assets
- $6.4m
- Revenue
- $123.5k
- Investments
- $0.0
- Employees
- 0
- Location
- Lawrence, NY
- Founding
- 02/1998
- Data as of
- 12/2022
- EIN
- 11-3416458
Organization Overview
L & L Foundation is located in Lawrence, NY. The organization was established in 1998. According to its NTEE Classification (Z99) the organization is classified as: Unknown, under the broad grouping of Unknown and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. L & L 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 12/2022, L & L Foundation generated $123.5k 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 (9.4%) each year. All expenses for the organization totaled $652.7k during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, L & L Foundation has awarded 46 individual grants totaling $1,477,929. 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 | $1,955 |
| Dividends & Interest | $0 |
| Net Rental Income | -$146,167 |
| 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 | $123,455 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $131,283 |
| Depreciation | $17,570 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $111,807 |
| Total operating and administrative expenses | $269,917 |
| Contributions, gifts, grants paid | $382,742 |
| Total expenses and disbursements | $652,659 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $828,820 |
| 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 | $5,574,542 |
| Investments—mortgage loans | $0 |
| Investments—other | $0 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $6,403,362 |
| 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, L & L Foundation has awarded $382,742 in support to 18 organizations.
| Grant Recipient | Amount |
|---|---|
BAIS CHUNA PURPOSE: CHARITY | $33,700 |
BNOS MENACHEM SCHOOL PURPOSE: CHARITY | $206,837 |
CHEDER AT THE OHEL PURPOSE: CHARITY | $5,005 |
MESIVTA LUBAVITCH OF MONSEY PURPOSE: CHARITY | $1,400 |
CHABAD OF SCOTTSDAEL PURPOSE: CHARITY | $17,550 |
OHOLEI TORAH PURPOSE: CHARITY | $17,455 |