Lq Foundation
- Assets
- $190.4k
- Revenue
- $844.5k
- Investments
- $0.0
- Employees
- 0
- Location
- Bayside, NY
- Founding
- 07/2008
- Data as of
- 12/2023
- EIN
- 26-1964339
Organization Overview
Lq Foundation is located in Bayside, NY. The organization was established in 2008. According to its NTEE Classification (Q30) the organization is classified as: International Development, under the broad grouping of International, Foreign Affairs & National Security and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Lq 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, Lq Foundation generated $844.5k in total revenue. This organization has experienced exceptional growth, as over the past 9 years, it has increased revenue by an average of 21.5% each year . All expenses for the organization totaled $796.8k during the year ending 12/2023. While expenses have increased by 22.7% per year over the past 9 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.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2023
Describe the Organization's Mission:
Part 3 - Line 1
THROUGH GRANT-MAKING AND PRO-BONO LEADERSHIP TRAINING, WE DEVELOP STRONG COMMUNITY LEADERS AROUND THE GLOBE WHO ARE COMMITTED TO: (1) SUPPORTING COLLABORATIVE ACTION TO ADDRESS CLIMATE CHANGE, (2) ALLEVIATING POVERTY AND CREATING SOCIAL MOBILITY FOR SOCIALLY AND ECONOMICALLY DISADVANTAGED COMMUNITIES, (3) PROMOTING SUSTAINABLE SOLUTIONS FOR ECONOMIC GROWTH, AND (4) ADVANCING EDUCATION.
Describe the Organization's Program Activity:
Part 3 - Line 4a
GLOBAL OPTIMISM - FUNDED BY BEZOS EARTH FUND, GLOBAL OPTIMISM AIMS TO DELIVER THE MAXIMUM IMPACT OF THE PHILANTHROPIC ACTIVITIES ALREADY UNDERWAY AND EMERGING OF THE BEZOS EARTH FUND IN SUPPORT OF (I) INCREASED CONFIDENCE IN THE LEGITIMACY OF CLIMATE PLEDGES, (II) THE RAISING OF AMBITION TO SECURE A 1.5-DEGREE TRAJECTORY FOR THE WORLD AND (III) IMPROVED CONTEXT FOR COP 28. THIS INVOLVES WORKING CLOSELY WITH THE UK GOVERNMENT COP 28 TEAM, THE UNITED ARAB EMIRATES GOVERNMENT COP 28 TEAM AND THE CLIMATE CHAMPIONS TEAM TO ENSURE CLOSE COLLABORATION AND MAXIMUM SHARED IMPACT OF PARTNERSHIP.
COUNT US IN AND OTHER PROGRAMS - A GLOBAL MOVEMENT OF PEOPLE AND ORGANIZATIONS TAKING PRACTICAL CLIMATE ACTION. OUR AIM IS TO RAISE AWARENESS AND ENCOURAGE PUBLIC ENGAGEMENT IN CLIMATE ACTION AND SUSTAINABILITY. WE DO THIS BY WORKING THROUGH ORGANIZATIONS TO TARGET INDIVIDUALS IN THEIR EXISTING NETWORKS AND COMMUNITIES. CONSULTING REVENUE IS AN IMPORTANT ASPECT OF THE CONTINUATION OF THIS PROGRAM.
OUTRAGE + OPTIMISM PODCAST - A WEEKLY PODCAST WHICH ENGAGES THE PUBLIC BY EXPLORING THE STORIES BEHIND THE HEADLINES ON CLIMATE CHANGE, TALKING TO THE CHANGE-MAKERS TURNING CHALLENGES INTO OPPORTUNITIES. WITH CONTENT INCLUDING THE LATEST NEWS FROM SCIENCE, BUSINESS, FINANCE, POLITICS AND CULTURE, THE PODCAST IS FOR EVERYONE LOOKING TO EXPAND THEIR UNDERSTANDING OF THE CLIMATE CRISIS, LEAVING THEM FEELING INFORMED, ENERGISED AND INSPIRED TO TAKE ACTION.
RIGHT TO PEE CAMPAIGN - A CAMPAIGN TO HIGHLIGHT THE LACK OF CLEAN AND SAFE PUBLIC TOILETS FOR WOMEN IN MUMBAI, INDIA. A COMMUNITY LED CAMPAIGN WHICH HAS RESULTED IN A MUCH DEEPER AND SUSTAINABLE IMPACT TO ENSURE THAT THE PEOPLE ACROSS GENDERS IN MARGINALISED COMMUNITIES HAVE ACCESS TO FREE, CLEAN, SAFE PUBLIC/COMMUNITY TOILETS IN MUMBAI. STAKEHOLDERS OF THE PROGRAMME INCLUDE PEOPLE FROM COMMUNITIES, MUNICIPAL AUTHORITIES, ARCHITECTS AND URBAN PLANNERS AND ORGANISATIONS WHICH WORK ON THE GROUND AROUND THE ISSUES OF GENDER AND SANITATION.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Lindsay Levin Pres/sec/treas | OfficerTrustee | 1 | $0 |
Julie Hill Director | Trustee | 1 | $0 |
Ninan Chacko Director | Trustee | 1 | $0 |
Phyllis Harris Director | Trustee | 1 | $0 |
Darya Shaikh Partner | Officer | 2 | $0 |
Jodi Kamming CFO | Officer | 4 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $450,573 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $450,573 |
| Total Program Service Revenue | $393,967 |
| Investment income | $0 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $844,540 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $90,500 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $350,725 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $4,085 |
| Fees for services: Accounting | $24,000 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $324,056 |
| Advertising and promotion | $0 |
| Office expenses | $569 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $0 |
| All other expenses | $2,875 |
| Total functional expenses | $796,810 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $160,351 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $30,000 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $190,351 |
| Accounts payable and accrued expenses | $38,500 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $38,500 |
| Net assets without donor restrictions | $0 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $151,851 |
| Total liabilities and net assets/fund balances | $190,351 |
Grants Awarded
Over the last fiscal year, Lq Foundation has awarded $60,000 in support to 8 organizations.
| Grant Recipient | Amount |
|---|---|
ZIMAM (PEACEWORKS FOUNDATION) PURPOSE: HOST DONATION | $7,500 |
GIVAT HAVIVA (FRIENDS OF GIVAT HAVIVA INC) PURPOSE: HOST DONATION | $7,500 |
ALLIANCE FOR MIDDLE EAST PEACE(ALLMEP) PURPOSE: HOST DONATION | $7,500 |
AMERICAN FRIENDS OF NATAL (AFNATAL) PURPOSE: HOST DONATION | $7,500 |
HAND IN HAND PURPOSE: HOST DONATION | $7,500 |
MAOZ (AMERICAN FRIENDS OF MAOZ SEAL INC) PURPOSE: HOST DONATION | $7,500 |