Griffith-Laserson Family Foundation
- Assets
- $602.8k
- Revenue
- $7.2k
- Investments
- $582.8k
- Employees
- 0
- Location
- Vero Beach, FL
- Founding
- 11/1961
- Data as of
- 12/2022
- EIN
- 22-6027474
Organization Overview
Griffith-Laserson Family Foundation is located in Vero Beach, FL. The organization was established in 1961. 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. Griffith-Laserson 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, Griffith-Laserson Family Foundation generated $7.2k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 5 years, the organization has seen revenues fall by an average of (17.9%) each year. All expenses for the organization totaled $31.6k during the year ending 12/2022. 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 |
|---|---|---|---|
Frances G Laserson Trustee | 10 | $0 | |
Tenley L Laserson Trustee | 10 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $10,238 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | -$2,991 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $7,247 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $2,909 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $0 |
| Total operating and administrative expenses | $8,112 |
| Contributions, gifts, grants paid | $23,450 |
| Total expenses and disbursements | $31,562 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $19,986 |
| 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 | $602,810 |
| 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, Griffith-Laserson Family Foundation has awarded $23,450 in support to 16 organizations.
| Grant Recipient | Amount |
|---|---|
FOUNTAIN HOUSE PURPOSE: GENERAL FUNDS DONATION | $20,250 |
MCKEE BOTANCIAL GARDEN PURPOSE: GENERAL FUNDS DONATION | $250 |
RIVERSIDE THEATRE PURPOSE: GENERAL FUNDS DONATION | $250 |
THE MOORINGS EDUCATIONAL FOUNDATION PURPOSE: GENERAL FUNDS DONATION | $125 |
ACA WOHELO CAMERSHIP FUND PURPOSE: GENERAL FUNDS DONATION | $25 |
NEW YORK PUBLIC RADIO PURPOSE: GENERAL FUNDS DONATION | $100 |