Latzer-Keydel Foundation
- Assets
- $155.9k
- Revenue
- $13.4k
- Investments
- $149.4k
- Employees
- 0
- Location
- Jamaica Plain, MA
- Founding
- 04/1916
- Data as of
- 11/2023
- EIN
- 23-7089654
Organization Overview
Latzer-Keydel Foundation is located in Jamaica Plain, MA. The organization was established in 1916. 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. Latzer-Keydel 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 11/2023, Latzer-Keydel Foundation generated $13.4k in total revenue. The organization has seen a slow decline revenue. Over the past 7 years, revenues have fallen by an average of (1.6%) each year. All expenses for the organization totaled $32.6k during the year ending 11/2023. You can explore the organizations financials more deeply in the financial statements section below.
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Harvey B Wallace II Trustee | 0 | $0 | |
Thomas Keydel Trustee | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $12,500 |
| Interest on Savings | $0 |
| Dividends & Interest | $938 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $0 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $13,438 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $74 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $0 |
| Total operating and administrative expenses | $1,574 |
| Contributions, gifts, grants paid | $31,000 |
| Total expenses and disbursements | $32,574 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $6,508 |
| 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 | $149,371 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $155,879 |
| 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, Latzer-Keydel Foundation has awarded $31,000 in support to 2 organizations.
| Grant Recipient | Amount |
|---|---|
EASTON MOUNTAIN INC PURPOSE: TO CONTINUE THE ORGANIZATION'S TAX EXEMPT PURPOSE OF PROMOTING THE WELLNESS, WHOLENESS, AND SPIRITUSL VITALITY OF THEIR EXTENDED COMMUNITY. | $16,000 |
DEAF INC PURPOSE: TO SPONSOR ASL EDUCATION EXPANSION | $15,000 |