Kenneth A Lattman Foundation Inc
- Assets
- $2.3m
- Revenue
- $125.7k
- Investments
- $1.7m
- Employees
- 0
- Location
- Madison, WI
- Founding
- 07/1996
- Data as of
- 12/2023
- EIN
- 31-1466884
Organization Overview
Kenneth A Lattman Foundation Inc is located in Madison, WI. The organization was established in 1996. According to its NTEE Classification (T90) the organization is classified as: Named Trusts N.E.C., 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. Kenneth A Lattman 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 12/2023, Kenneth A Lattman Foundation Inc generated $125.7k in total revenue. This organization has experienced exceptional growth, as over the past 9 years, it has increased revenue by an average of 10.8% each year . All expenses for the organization totaled $105.5k during the year ending 12/2023. While expenses have increased by 1.1% 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.
Since 2014, Kenneth A Lattman Foundation Inc has awarded 159 individual grants totaling $753,100. 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 |
|---|---|---|---|
Elliott Rochelle Abramson Director | 3 | $0 | |
Jerome Abramson Director | 0 | $0 | |
Monica Daniel Lyons Director | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $67,644 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $56,716 |
| Capital Gain Net Income | $56,716 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $1,386 |
| Total Revenue | $125,746 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $4,894 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $919 |
| Total operating and administrative expenses | $13,013 |
| Contributions, gifts, grants paid | $92,500 |
| Total expenses and disbursements | $105,513 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $645,522 |
| 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 | $870,149 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $2,306,017 |
| 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 | $850 |
| Total liabilities | $850 |
Grants Awarded
Over the last fiscal year, Kenneth A Lattman Foundation Inc has awarded $92,500 in support to 25 organizations.
| Grant Recipient | Amount |
|---|---|
UW NILES NEWTON ENDOWMENT PURPOSE: EDUCATION | $1,000 |
UNITY POINT MERITER CHILD AND ADOLESCENT PURPOSE: MEDICAL RESEARCH | $3,000 |
ST VINCENT DEPAUL FOOD PANTRY PURPOSE: GENERAL PHILANTRHOPY | $3,000 |
ST JUDE'S CHILDRENS RESEARCH HOSPITAL PURPOSE: MEDICAL RESERAFH | $3,500 |
SMILE TRAIN PURPOSE: MEDICAL RESEARCH | $2,000 |
ROBERT CROWN COMMUNITY CENTER PURPOSE: GENERAL PURPOSE | $2,500 |