Lawrence Family Foundation
- Assets
- $13.8m
- Revenue
- -$374.5k
- Investments
- $13.4m
- Employees
- 0
- Location
- Minneapolis, MN
- Founding
- 10/1997
- Data as of
- 12/2023
- EIN
- 13-3935895
Organization Overview
Lawrence Family Foundation is located in Minneapolis, MN. The organization was established in 1997. According to its NTEE Classification (T31) the organization is classified as: Community 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. Lawrence Family Foundation is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
Since 2017, Lawrence Family Foundation has awarded 154 individual grants totaling $3,870,625. 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 |
|---|---|---|---|
James Lawrence Dir, Chrmn, & Pres | 1 | $0 | |
Mary Lawrence Dir, Secy, & Treas | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $419,873 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | -$820,063 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $25,734 |
| Total Revenue | -$374,456 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $2,150 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $94,136 |
| Printing and publications | $0 |
| Other expenses | $49,630 |
| Total operating and administrative expenses | $146,511 |
| Contributions, gifts, grants paid | $537,970 |
| Total expenses and disbursements | $684,481 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $393,602 |
| Net Accounts receivable | $1,000 |
| 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 | $13,837,342 |
| 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, Lawrence Family Foundation has awarded $537,970 in support to 15 organizations.
| Grant Recipient | Amount |
|---|---|
BROWN UNIVERSITY - LACROSS TEAM PURPOSE: OPERATING | $5,000 |
FOUNDATION OF AAO PURPOSE: OPERATING | $70,000 |
GLOBAL MINNESOTA PURPOSE: OPERATING | $44,120 |
KENT SCHOOL PURPOSE: OPERATING | $50,000 |
MINNEAPOLIS REGIONAL CHAMBER DEVELOPMENT FOUNDATION PURPOSE: OPERATING | $60,000 |
MINNESOTA ORCHESTRAL ASSOCIATION PURPOSE: OPERATING | $55,000 |