Herbert J Lavigne Family Foundation
- Assets
- $17.0m
- Revenue
- $3.3m
- Investments
- $0.0
- Employees
- 0
- Location
- Omaha, NE
- Founding
- 07/2002
- Data as of
- 12/2023
- EIN
- 26-0009084
Organization Overview
Herbert J Lavigne Family Foundation is located in Omaha, NE. The organization was established in 2002. According to its NTEE Classification (T22) the organization is classified as: Private Independent 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. Herbert J Lavigne 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 12/2023, Herbert J Lavigne Family Foundation generated $3.3m in total revenue. This represents a relatively dramatic decline in revenue. Over the past 9 years, the organization has seen revenues fall by an average of (13.1%) each year. All expenses for the organization totaled $5.3m during the year ending 12/2023. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, Herbert J Lavigne Family Foundation has awarded 54 individual grants totaling $12,382,647. 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 |
|---|---|---|---|
Herbert J Lavigne President | 2 | $0 | |
Todd Lavigne Director | 0 | $0 | |
Charlotte Madden Director | 6 | $0 | |
Barbara Wedgeworth Director | 1 | $0 | |
Donna Barry Director | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $255,244 |
| Dividends & Interest | $0 |
| 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 | $3,334,655 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $371,246 |
| Depreciation | $293,241 |
| Occupancy | $106,260 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $40,634 |
| Total operating and administrative expenses | $823,290 |
| Contributions, gifts, grants paid | $4,520,000 |
| Total expenses and disbursements | $5,343,290 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $37,610 |
| Savings and temporary cash investments | $9,097,384 |
| 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 | $182,909 |
| Net Investments - land, buildings, equipment | $7,727,563 |
| Investments—mortgage loans | $0 |
| Investments—other | $0 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $17,045,466 |
| Accounts payable and accrued expenses | $9,574 |
| 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 | $9,574 |
Grants Awarded
Over the last fiscal year, Herbert J Lavigne Family Foundation has awarded $4,520,000 in support to 5 organizations.
| Grant Recipient | Amount |
|---|---|
SAINT AUGUSTINE INDIAN MISSION PURPOSE: SCHOOL BUILDING | $1,500,000 |
BELLEVUE UNIVERSITY PURPOSE: AMERICAN DREAM SCHOLARSHIP | $0 |
SAINT ALBERTS CATHOLIC SCHOOL PURPOSE: DONATION | $1,000,000 |
LAVIGNE YOUTH OUTREACH PURPOSE: DONATION | $2,000,000 |
IOWA WESTERN FOUNDATION PURPOSE: DONATION | $20,000 |