Lanier Family Foundation Inc
- Assets
- $901.3k
- Revenue
- $69.6k
- Investments
- $870.2k
- Employees
- 0
- Location
- Huntsville, AL
- Founding
- 02/2010
- Data as of
- 12/2022
- EIN
- 26-0732063
Organization Overview
Lanier Family Foundation Inc is located in Huntsville, AL. The organization was established in 2010. 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. Lanier Family Foundation Inc 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, Lanier Family Foundation Inc generated $69.6k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 8 years, the organization has seen revenues fall by an average of (5.7%) each year. All expenses for the organization totaled $79.3k during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, Lanier Family Foundation Inc has awarded 103 individual grants totaling $592,000. 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 |
|---|---|---|---|
Frederick Lanier President | 0 | $0 | |
Anne Lanier Secretary | 0 | $0 | |
Y Albert Moore Treasurer | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $15,184 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $54,366 |
| Capital Gain Net Income | $54,366 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $69,550 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $201 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $0 |
| Total operating and administrative expenses | $14,819 |
| Contributions, gifts, grants paid | $64,500 |
| Total expenses and disbursements | $79,319 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $31,107 |
| Savings and temporary cash investments | $0 |
| 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 | $870,220 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $901,327 |
| 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, Lanier Family Foundation Inc has awarded $64,500 in support to 12 organizations.
| Grant Recipient | Amount |
|---|---|
HUDSON ALPHA FOUNDATION PURPOSE: SUPPORTS HEALTH CARE PROGRAMS | $7,500 |
HEALS FOUNDATION PURPOSE: SUPPORTS CHILD AUTISM | $2,000 |
HUNTSVILLE HOSPITAL FOUNDATION PURPOSE: SUPPORTS HEALTH CARE PROGRAMS | $25,000 |
HUMANE SOCIETY OF VERO BEACH PURPOSE: SUPPORTS HUMANE TREATMENT OF ANIMALS | $3,000 |
THE LAND TRUST OF NORTH ALABAMA PURPOSE: SUPPORTS PRESERVATION OF WILDLIFE | $1,000 |
THE ARC OF INDIAN RIVER COUNTY PURPOSE: HELPING DEVELOPMENTALLY DISABLED | $3,000 |