Lossett Family Foundation
- Assets
- $835.8k
- Revenue
- $41.0k
- Investments
- $726.2k
- Employees
- 0
- Location
- Redlands, CA
- Founding
- 08/1998
- Data as of
- 12/2022
- EIN
- 33-0775211
Organization Overview
Lossett Family Foundation is located in Redlands, CA. The organization was established in 1998. 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. Lossett 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.
Since 2014, Lossett Family Foundation has awarded 50 individual grants totaling $406,750. 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 |
|---|---|---|---|
Cheryl N Lossett President/ceo | 0.25 | $0 | |
Catherine N Lossett Secretary | 0.25 | $0 | |
Christopher Joe Lossett Chief Financial Officer | 0.25 | $0 | |
Kenneth B Stream Associate Director | 0.25 | $0 | |
Chris Carrillo Associate Director | 0.25 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $1,857 |
| Dividends & Interest | $16,867 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $21,982 |
| Capital Gain Net Income | $21,982 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $318 |
| Total Revenue | $41,024 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $409 |
| Taxes | $3,406 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $7,934 |
| Total operating and administrative expenses | $20,375 |
| Contributions, gifts, grants paid | $62,750 |
| Total expenses and disbursements | $83,125 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $109,645 |
| 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 | $0 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $835,804 |
| 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, Lossett Family Foundation has awarded $62,750 in support to 11 organizations.
| Grant Recipient | Amount |
|---|---|
AK SMILEY PUBLIC LIBRARY PURPOSE: REDLANDS ADULT LITERACY PROGRAM | $2,000 |
ASSISTANCE LEAGUE OF REDLANDS PURPOSE: GENERAL FUND | $8,000 |
BOYS AND GIRLS CLUB OF REDLANDS PURPOSE: GENERAL FUND | $8,000 |
FAMILY SERVICE ASSOCIATION OF REDLANDS PURPOSE: SUPPORT FOR SCHOOL SUPPLIES, BABY FORMULA, SHOES, PREVENTING FAMILIES FROM BECOMING HOMELESS | $10,000 |
MAKE A WISH PURPOSE: GENERAL FUND | $5,000 |
MUSEUM OF REDLANDS PURPOSE: GENERAL FUND | $3,750 |