Lola Leu Foundation 080016777400
- Assets
- $4.0m
- Revenue
- $458.9k
- Investments
- $4.0m
- Employees
- 0
- Location
- Milwaukee, WI
- Founding
- 05/2016
- Data as of
- 12/2021
- EIN
- 20-7548727
Organization Overview
Lola Leu Foundation 080016777400 is located in Milwaukee, WI. The organization was established in 2016. 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. Lola Leu Foundation 080016777400 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 12/2021, Lola Leu Foundation 080016777400 generated $458.9k in total revenue. This organization has experienced exceptional growth, as over the past 4 years, it has increased revenue by an average of 35.8% each year . All expenses for the organization totaled $274.6k during the year ending 12/2021. While expenses have increased by 3.1% per year over the past 4 years. They've been increasing with an increasing level of total revenue. 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 |
|---|---|---|---|
Us Bank N A Trustee | 1 | $0 | |
Brian Debrie Trustee | 1 | $0 | |
Father James O' Kane Trustee | 1 | $0 | |
Father Neal Hock Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $100,000 |
| Interest on Savings | $0 |
| Dividends & Interest | $125,912 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $233,021 |
| Capital Gain Net Income | $233,021 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $458,933 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $3,341 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $0 |
| Total operating and administrative expenses | $48,031 |
| Contributions, gifts, grants paid | $226,524 |
| Total expenses and disbursements | $274,555 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $9,925 |
| Savings and temporary cash investments | $28,024 |
| 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 | $1,213,586 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $4,708 |
| Total assets | $4,009,728 |
| 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, Lola Leu Foundation 080016777400 has awarded $226,524 in support to 2 organizations.
| Grant Recipient | Amount |
|---|---|
DIOCESE OF GRAND ISLAND PURPOSE: GENERAL OPERATING | $165,363 |
DIOCESE OF RAPID CITY PURPOSE: GENERAL OPERATING | $61,161 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
International Childrens Fund Inc Neenah, WI | $1,153,019 | $79,562,043 |
Van Andel Institute Grand Rapids, MI | $1,815,971,878 | $111,524,637 |
William Davidson Foundation Birmingham, MI | $1,107,938,800 | $127,279,050 |
Ronda E Stryker & William D Johnston Foundation Kalamazoo, MI | $63,637,902 | $79,561,320 |
Pritzker Family Foundation Chicago, IL | $156,116,781 | $25,309,600 |
Gilbert Family Foundation Detroit, MI | $122,833,560 | $20,538,766 |
Ghr Foundation Minneapolis, MN | $0 | $118,752,892 |
Paul M Angell Family Foundation Chicago, IL | $1,816,327 | $24,997,411 |
Alfred And Isabel Bader 2014 Charitable Trust Milwaukee, WI | $88,717,556 | $62,553,918 |
Anthony Pritzker Fam Foundation Chicago, IL | $0 | $37,184,888 |
Goodman Family Operating Foundation Chaska, MN | $298,216,479 | $15,439,155 |
Robert And Adele Schiff Family Foundation Inc Milwaukee, WI | $226,331,394 | $18,541,997 |