Lebermann Foundation
- Assets
- $16.5m
- Revenue
- $1.1m
- Investments
- $15.7m
- Employees
- 0
- Location
- Victoria, TX
- Founding
- 03/2010
- Data as of
- 12/2021
- EIN
- 27-0941196
Organization Overview
Lebermann Foundation is located in Victoria, TX. 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. Lebermann 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 12/2021, Lebermann Foundation generated $1.1m in total revenue. This organization has experienced exceptional growth, as over the past 4 years, it has increased revenue by an average of 20.2% each year . All expenses for the organization totaled $1.1m during the year ending 12/2021. While expenses have increased by 15.9% 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, Lebermann Foundation has awarded 17 individual grants totaling $1,910,000. 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 |
|---|---|---|---|
Virginia Drake Lebermann Chairman / President | 0 | $0 | |
Clarke Heidrick Secretary | 0 | $0 | |
Cynthia Keever Treasurer | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $123,361 |
| Dividends & Interest | $248,760 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $674,799 |
| Capital Gain Net Income | $674,799 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $77,333 |
| Total Revenue | $1,124,253 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $17,375 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $1,368 |
| Total operating and administrative expenses | $67,454 |
| Contributions, gifts, grants paid | $1,070,000 |
| Total expenses and disbursements | $1,137,454 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $756,535 |
| Net Accounts receivable | $3,331 |
| 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 | $4,081,790 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $450 |
| Total assets | $16,483,621 |
| 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, Lebermann Foundation has awarded $1,070,000 in support to 8 organizations.
| Grant Recipient | Amount |
|---|---|
THE UNIVERSITY OF TEXAS AT AUSTIN - DELL MEDICAL SCHOOL PURPOSE: SUPPORT THE SCHOOL TO ENSURE IT BECOMES A WORLD-CLASS ACADEMIC MEDICAL CENTER | $200,000 |
BALLROOM MARFA PURPOSE: SUPPORT EXHIBITIONS, SITE-SPECIFIC AND SITE-INSPIRED WORKS, AND SHARE THE LANDSCAPE OF THE BIG BEND | $200,000 |
WALLER CREEK CONSERVANCY PURPOSE: SUPPORT THE COMMUNITY PLAZA AT WATERLOO PARK | $200,000 |
AUSTIN PUBLIC LIBRARY FRIENDS FOUNDATION PURPOSE: LIBRARY FOUNDATION SUPPORTS THE AUSTIN PUBLIC LIBRARY BY INCREASING AWARENESS ABOUT THE LIBRARY AND ITS IMPORTANCE TO THE COMMUNITY, AND BY ENHANCING LIBRARY COLLECTIONS, PROGRAMS, AND FACILITIES. | $180,000 |
THE UNIVERSITY OF TEXAS AT AUSTIN - LOWELL H LEBERMANN JR INNOVATION FUND PURPOSE: SUPPORT THE UNIVERSITY TO PROVIDE VALUABLE RESOURCES TO EDUCATE, INNOVATE AND CHANGE THE WORLD | $160,000 |
THE UNIVERSITY OF TEXAS AT AUSTIN - THE ANNETTE STRAUSS INSTITUTE PURPOSE: SUPPORT THE ANNETTE STRAUSS INSTITUTE FOR CIVIC LIFE | $75,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Penner Family Foundation Bentonville, AR | $146,107,822 | $15,983,833 |
Scharbauer Foundation Inc Midland, TX | $271,051,602 | $69,061,413 |
Wildcat Foundation Fort Worth, TX | $836,895 | $18,132,970 |
A Earl & Frances E Ziegler Foundation Norman, OK | $1,886,858 | $25,634,422 |
Eugene Mcdermott Foundation Dallas, TX | $220,528,387 | $97,884,779 |
Henderson-Wessendorff Foundation Richmond, TX | $228,160,288 | $17,605,762 |
Walter E Heller Foundation Dallas, TX | $0 | $637,126 |
Carl & Marilynn Thoma Foundation Dallas, TX | $0 | $929,287 |
Beloved In Christ Foundation Austin, TX | $172,986,617 | $3,113,726 |
The Kathryn H Craig Stephen Dudley Heard And Lillie D Heard Memorial Dallas, TX | $1,384 | -$449,918 |
Carroll Petrie Foundation Santa Fe, NM | $306,631,944 | $55,176,464 |
Hamill Foundation Houston, TX | $203,029,849 | $39,782,936 |