Lasdon Family Foundation
- Assets
- $13.4m
- Revenue
- $499.0k
- Investments
- $12.6m
- Employees
- 0
- Location
- Plantation, FL
- Founding
- 07/1974
- Data as of
- 12/2022
- EIN
- 23-7380362
Organization Overview
Lasdon Family Foundation is located in Plantation, FL. The organization was established in 1974. 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. Lasdon 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, Lasdon Family Foundation generated $499.0k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 3 years, the organization has seen revenues fall by an average of (41.9%) each year. All expenses for the organization totaled $741.4k during the year ending 12/2022. As we would expect to see with falling revenues, expenses have declined by (32.4%) per year over the past 3 years. 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 |
|---|---|---|---|
Bonnie Eletz Director | 6 | $0 | |
Cathy Seligman Director | 6 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Robert G Gray Cpa Pc | 12/30/22 | $75,000 |
Neuberger Berman | 12/30/22 | $187,538 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $444,370 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $54,633 |
| Capital Gain Net Income | $54,633 |
| Net ST Capital Gain | $3,569 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $499,003 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $17,771 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $196,138 |
| Total operating and administrative expenses | $299,947 |
| Contributions, gifts, grants paid | $441,450 |
| Total expenses and disbursements | $741,397 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $426,465 |
| Savings and temporary cash investments | $275,533 |
| 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 | $353,746 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $37,200 |
| Total assets | $13,362,709 |
| 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 |