Marilyn & Bob Laurie Foundation Inc
- Assets
- $876.8k
- Revenue
- $26.1k
- Investments
- $823.4k
- Employees
- 0
- Location
- Millington, NJ
- Founding
- 05/2002
- Data as of
- 12/2023
- EIN
- 13-4147723
Organization Overview
Marilyn & Bob Laurie Foundation Inc is located in Millington, NJ. The organization was established in 2002. According to its NTEE Classification (T12) the organization is classified as: Fund Raising & Fund Distribution, 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. Marilyn & Bob Laurie 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 12/2023, Marilyn & Bob Laurie Foundation Inc generated $26.1k 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 (36.7%) each year. All expenses for the organization totaled $75.2k during the year ending 12/2023. You can explore the organizations financials more deeply in the financial statements section below.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Amy Laurie President/tr | 0 | $0 | |
Elisabeth Laurie Secy/treas/t | 0 | $0 | |
Svetlana Shuster Trustee | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $477 |
| Dividends & Interest | $31,567 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | -$5,914 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $26,130 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $259 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $0 |
| Total operating and administrative expenses | $15,756 |
| Contributions, gifts, grants paid | $59,413 |
| Total expenses and disbursements | $75,169 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $53,459 |
| 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 | $570,467 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $876,820 |
| 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, Marilyn & Bob Laurie Foundation Inc has awarded $105,000 in support to 2 organizations.
| Grant Recipient | Amount |
|---|---|
CLAVERACK LIBRARY PURPOSE: GENERAL PURPOSE | $5,000 |
COLUMBIA UNIVERSITY MEDICAL CENTER PURPOSE: GENERAL PURPOSE | $100,000 |