Lamb Foundation
- Assets
- $5.9m
- Revenue
- $406.0k
- Investments
- $5.7m
- Employees
- 0
- Location
- Lake Oswego, OR
- Founding
- 07/1971
- Data as of
- 12/2022
- 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 12/2022, Lamb Foundation generated $406.0k in total revenue. This represents relatively stable growth, over the past 4 years the organization has increased revenue by an average of 7.3% each year. All expenses for the organization totaled $440.2k during the year ending 12/2022. While expenses have increased by 3.4% 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 112 individual grants totaling $852,540. 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 | |
Margaret Minnick Director | 1 | $0 | |
Ben Bailey Director | 1 | $0 | |
Brenda Lamb Director | 1 | $0 | |
Mark Van Oppen Director | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $183,269 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $221,599 |
| Capital Gain Net Income | $221,599 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $1,114 |
| Total Revenue | $405,982 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $55,442 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $17,580 |
| Depreciation | $106 |
| Occupancy | $5,200 |
| Travel, conferences, and meetings | $6,975 |
| Printing and publications | $0 |
| Other expenses | $10,778 |
| Total operating and administrative expenses | $139,475 |
| Contributions, gifts, grants paid | $300,770 |
| Total expenses and disbursements | $440,245 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $15,955 |
| Savings and temporary cash investments | $164,048 |
| 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 | $441 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $987,969 |
| Net Land, buildings, and equipment | $79 |
| Other assets | $16,113 |
| Total assets | $5,896,847 |
| 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 $300,770 in support to 36 organizations.
| Grant Recipient | Amount |
|---|---|
ARTULA INSTITUTE FOR ART & ENVIRONMENTAL EDUCATION PURPOSE: SUPPORT WASHED ASHORE ENHANCED VOLUNTEER EDUCTION AND RECRUITMENT | $12,000 |
ALL CLASSICAL PUBLIC MEDIA INC PURPOSE: SUPPORTS THE PUBLIC RADIO STATION IN THEIR MISSION TO ADVANCE KNOWLEDGE OF AND APPRECIATION FOR CLASSICAL MUSIC; TO BUILD AND SUSTAIN CULTURALLY VIBRANT LOCAL AND GLOBAL COMMUNITIES AROUND THIS ART FORM; TO REFLECT THE SPIRIT OF THE PACIFIC NORTHWEST. | $110 |
CASA OF MARION COUNTY PURPOSE: TO HELP PAY FOR CASA ADVOCATES TO BE ASSIGNED TO MORE CHILDREN WHO ARE DEPENDENT WARDS OF THE STATE. CASA ADVOCATES FOR THE BEST INTERESTS OF THE CHILD. | $2,000 |
CHESS FOR SUCCESS PURPOSE: AFTER-SCHOOL CHESS PROGRAMS IN 75 SCHOOLS | $3,000 |
CRAG RATS PURPOSE: UNRESTRICTED | $1,000 |
DESCHUTES RIVER CONSERVANCY PURPOSE: IMPLEMENTATION OF WATER SUPPLY PROJECTS TO MEET RIVER AND COMMUNITY WATER NEEDS | $1,000 |