Richard And Francine Loeb Family Foundation

Organization Overview

Richard And Francine Loeb Family Foundation is located in Seattle, WA. The organization was established in 2003. According to its NTEE Classification (T21) the organization is classified as: Corporate 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. Richard And Francine Loeb 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.

For the year ending 12/2022, Richard And Francine Loeb Family Foundation generated $174.7k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 4 years, the organization has seen revenues fall by an average of (38.0%) each year. All expenses for the organization totaled $1.3m during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.

Since 2019, Richard And Francine Loeb Family Foundation has awarded 13 individual grants totaling $2,305,073. 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.

Mission & Program ActivityExcerpts From the 990PF Filing

TAX YEAR

2022

Describe the Organization's Program Activity:

Part 3 - Line 4a

NONE


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Board, Officers & Key Employees

Name (title)Compensation
Richard Loeb
President/treasurer
$0
Francine Loeb
Vice President
$0
Daniel Asher
Secretary
$0

Financial Statements

Statement of Revenue
Contributions, Gifts, Grants & Similar $0
Interest on Savings $3
Dividends & Interest $179,937
Net Rental Income$0
Net Gain on Sale of Assets -$13,850
Capital Gain Net Income $0
Net ST Capital Gain $0
Income Modifications $0
Profit on Inventory Sales $0
Other Income $8,560
Total Revenue $174,650

Grants Awarded

Over the last fiscal year, Richard And Francine Loeb Family Foundation has awarded $1,274,218 in support to 2 organizations.

Grant RecipientAmount

KLINE GALLAND CENTER

PURPOSE: TO PROVIDE SUPPORT TO HOSPICE FOCUSED CARE UNIT

$416,489

SEE ATTACHMENT A

PURPOSE: SEE ATTACHMENT A - CASH GRANTS

$857,729
View Grant Profile

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