Lamb Foundation
- Assets
- $5.9m
- Revenue
- $816.0k
- Investments
- $5.8m
- Employees
- 0
- Location
- Lake Oswego, OR
- Founding
- 07/1971
- Data as of
- 12/2021
- EIN
- 23-7120564
Organization Overview
Lamb Foundation is located in Lake Oswego, OR. The organization was established in 1971. 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. Lamb 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 12/2021, Lamb Foundation generated $816.0k in total revenue. This represents relatively stable growth, over the past 4 years the organization has increased revenue by an average of 9.7% each year. All expenses for the organization totaled $398.4k during the year ending 12/2021. While expenses have increased by 2.7% 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.
Since 2020, Lamb Foundation has awarded 154 individual grants totaling $1,107,910. 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 |
|---|---|---|---|
Barbara Lamb President, Director | 2 | $0 | |
Gayle Horton Vice-President, Director | 1 | $0 | |
Ben Bailey Director | 1 | $0 | |
Brenda Lamb Director | 1 | $0 | |
Mark Van Oppen Director | 1 | $0 | |
Carl Lamb Treasurer, Director | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $199,654 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $615,069 |
| Capital Gain Net Income | $615,069 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $1,324 |
| Total Revenue | $816,047 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $54,602 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $9,417 |
| Depreciation | $106 |
| Occupancy | $5,098 |
| Travel, conferences, and meetings | $1,756 |
| Printing and publications | $0 |
| Other expenses | $8,949 |
| Total operating and administrative expenses | $124,705 |
| Contributions, gifts, grants paid | $273,700 |
| Total expenses and disbursements | $398,405 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $16,060 |
| Savings and temporary cash investments | $94,971 |
| 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 | $432 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $1,094,415 |
| Net Land, buildings, and equipment | $185 |
| Other assets | $15,235 |
| Total assets | $5,931,110 |
| 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, Lamb Foundation has awarded $273,700 in support to 37 organizations.
| Grant Recipient | Amount |
|---|---|
Baker City, OR PURPOSE: PROVIDE CERTIFIED RELIEF NURSERY SERVICES IN 2021/22 TO 35 FAMILIES WITH CHILDREN AGE BIRTH TO 6 YEARS, SCREENED POSITIVE FOR RISK FACTORS OF POTENTIAL CHILD ABUSE/NEGLECT, AND RESIDING IN BAKER AND SOUTH UNION COUNTIES. | $20,000 |
Salem, OR PURPOSE: TO SUPPORT THE WORK OF THIS RELIEF NURSERY AS THEY NAVIGATE THE PANDEMIC AND CONTINUE TO SERVE AT-RISK CHILDREN AND THEIR FAMILIES TO PREVENT CHILD ABUSE AND NEGLECT, AND KEEP CHILDREN SAFELY WITH THEIR FAMILIES. | $20,000 |
Portland, OR PURPOSE: HELP FUND SERVICES FOR YOUTH EXPERIENCING HOUSELESSNESS AND HOUSING INSTABILITY IN THE PORTLAND AREA. | $20,000 |
Medford, OR PURPOSE: OPERATIONAL SUPPORT FOR THE FNC FARM & FOOD EXTENDED CLASSROOM PROGRAM SUPPORTING 50 AT-RISK CHILDREN AND THEIR FAMILIES BY OFFERING CLASS AND FAMILY TRIPS TO THE FNC OPERATED FARM, 50 FOOD BOXES MONTHLY TO FAMILIES AND TRANSPORTATION. | $15,000 |
Walterville, OR PURPOSE: TO SUPPORT MCKENZIE VALLEY COMMUNITY RESILIENCY LEARNING NETWORK HUB PROGRAM | $15,000 |
Portland, OR PURPOSE: WE EXPECT TO SERVE 400-600 SURVIVORS ACROSS OUR CORE PROGRAMS IN 2021 WITH THESE FUNDS. PROGRAMS ARE DESIGNED TO PROVIDE SUPPORT AND ASSISTANCE AT EVERY STEP OF A SURVIVOR'S HEALING JOURNEY AND ARE INCLUSIVE OF ALL IDENTITIES. | $15,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Amazonsmile Foundation Seattle, WA | $32,322,159 | $94,115,479 |
Dr Miriam And Sheldon G Adelson Las Vegas, NV | $37,664,470 | $5,516,038 |
Shimon Ben Joseph Foundation San Francisco, CA | $1,592,283,787 | $39,921,005 |
Alfred C Munger Foundation Los Angeles, CA | $17,737,694 | $91,163,030 |
Hellman Foundation San Francisco, CA | $693,471,633 | $133,789,010 |
The Eric And Wendy Schmidt Fund For Strategic Innovation Palo Alto, CA | $1,715,568,763 | $412,161,407 |
Omidyar Network Fund Inc Redwood City, CA | $490,038,780 | $21,031,743 |
Sobrato Family Foundation Mountain View, CA | $811,956,453 | $266,068,436 |
Moore Family Foundation Incline Village, NV | $173,909 | $5,659,701 |
Gates Philanthropy Partners Seattle, WA | $58,428,866 | $30,155,547 |
Paul G Allen Family Foundation Seattle, WA | $0 | $45,218,114 |
Benificus Foundation San Carlos, CA | $13,481,294 | $1,960,393 |