Leah And Alain Lebec Foundation Inc
- Assets
- $2.8m
- Revenue
- $131.5k
- Investments
- $2.4m
- Employees
- 0
- Location
- Wilmington, DE
- Founding
- 02/2005
- Data as of
- 12/2023
- EIN
- 20-1944833
Organization Overview
Leah And Alain Lebec Foundation Inc is located in Wilmington, DE. The organization was established in 2005. According to its NTEE Classification (T20) the organization is classified as: Private Grantmaking 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. Leah And Alain Lebec 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, Leah And Alain Lebec Foundation Inc generated $131.5k in total revenue. The organization has seen a slow decline revenue. Over the past 9 years, revenues have fallen by an average of (2.5%) each year. All expenses for the organization totaled $472.6k during the year ending 12/2023. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, Leah And Alain Lebec Foundation Inc has awarded 267 individual grants totaling $3,111,570. 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 |
|---|---|---|---|
Alain Lebec Pres, Dir, Sec | 1 | $0 | |
Christina M Lebec VP | 1 | $0 | |
Gabriel L Lebec VP | 1 | $0 | |
Leah Lebec Dir, VP | 1 | $0 | |
Xavier A Lebec VP | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $5,880 |
| Dividends & Interest | $63,691 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $61,891 |
| Capital Gain Net Income | $100,184 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $131,462 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $800 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $18,704 |
| Total operating and administrative expenses | $35,383 |
| Contributions, gifts, grants paid | $437,250 |
| Total expenses and disbursements | $472,633 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $418,600 |
| 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 | $2,770,509 |
| 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, Leah And Alain Lebec Foundation Inc has awarded $437,250 in support to 31 organizations.
| Grant Recipient | Amount |
|---|---|
ABILIS INC PURPOSE: GENERAL & UNRESTRICTED | $250 |
AMERICAN CORPORATE PARTNERS PURPOSE: GENERAL & UNRESTRICTED | $10,000 |
ASSOCIATION FOR SCIENCE IN AUTISM TREATMENT INC PURPOSE: GENERAL & UNRESTRICTED | $5,000 |
BIRTHRIGHT OF GREATER NORWALK INC PURPOSE: GENERAL & UNRESTRICTED | $250 |
BRUNSWICK SCHOOL INC PURPOSE: HORIZONS AT BRUNSWICK PROGRAM | $2,500 |
CALL A RIDE OF GREENWICH PURPOSE: GENERAL & UNRESTRICTED | $250 |