The Lattin Family Foundation
- Assets
- $311.3k
- Revenue
- $14.2k
- Investments
- $285.5k
- Employees
- 0
- Location
- Detroit, MI
- Founding
- 03/2009
- Data as of
- 07/2023
- EIN
- 20-7022957
Organization Overview
The Lattin Family Foundation is located in Detroit, MI. The organization was established in 2009. According to its NTEE Classification (T22) the organization is classified as: Private Independent 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. Lattin 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 07/2023, Lattin Family Foundation generated $14.2k in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 2.9% each year. All expenses for the organization totaled $26.6k during the year ending 07/2023. You can explore the organizations financials more deeply in the financial statements section below.
Since 2017, Lattin Family Foundation has awarded 35 individual grants totaling $111,643. 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 | $0 |
| Dividends & Interest | $9,247 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $4,351 |
| Capital Gain Net Income | $4,351 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $555 |
| Total Revenue | $14,153 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $4,200 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $226 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $0 |
| Total operating and administrative expenses | $8,598 |
| Contributions, gifts, grants paid | $18,000 |
| Total expenses and disbursements | $26,598 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $25,744 |
| 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 | $0 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $311,250 |
| 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, The Lattin Family Foundation has awarded $18,000 in support to 6 organizations.
| Grant Recipient | Amount |
|---|---|
FAIRMONT PRESBYTERIAN CHURCH PURPOSE: DAILY OPERATIONAL SUPPORT | $225 |
FIFTH AVENUE PRESBYTERIAN CHURCH PURPOSE: DAILY OPERATIONAL SUPPORT | $225 |
AMERICAN FRIENDS OF COVENT OF GARDEN PURPOSE: DAILY OPERATIONAL SUPPORT | $2,700 |
OHIO STATE UNIVERSITY FOUNDATION PURPOSE: DAILY OPERATIONAL SUPPORT | $14,400 |
CLEVELAND INSTITUTE OF MUSIC PURPOSE: DAILY OPERATIONAL SUPPORT | $225 |
FIRST PRESBYTERIAN CHURCH PURPOSE: DAILY OPERATIONAL SUPPORT | $225 |