Jon And Sonja Laidig Foundation Inc

Organization Overview

Jon And Sonja Laidig Foundation Inc is located in South Bend, IN. 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. Jon And Sonja Laidig 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 06/2022, Jon And Sonja Laidig Foundation Inc generated $711.1k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 2.8% each year. All expenses for the organization totaled $710.3k during the year ending 06/2022. While expenses have increased by 3.9% per year over the past 7 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, Jon And Sonja Laidig Foundation Inc has awarded 19 individual grants totaling $1,106,060. 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.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2022

Describe the Organization's Mission:

Part 3 - Line 1

THE JON AND SONJA LAIDIG FOUNDATION SUPPORTS CHARITABLE, RELIGIOUS AND EDUCATIONAL PROGRAMS FOR THE BENEFIT OF ST. JOSEPH COUNTY, INDIANA.

Describe the Organization's Program Activity:

Part 3 - Line 4a

EDUCATIONAL PROGRAMS, SCHOLARSHIPS AND RELATED INITIATIVES


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Board, Officers & Key Employees

Name (title)Compensation
Mrs Joan M Laidig
President
$0
Mr Daniel Laidig
Vice President
$0
Mrs M Rose Meissner
Secretary/treasurer
$0
Mrs Edwina Kintner
Director
$0
Mr George S Cressy Jr
Director
$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$0
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$0
Total Program Service Revenue$0
Investment income $627,271
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $83,825
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $711,096

Grants Awarded

Over the last fiscal year, Jon And Sonja Laidig Foundation Inc has awarded $596,462 in support to 6 organizations.

Grant RecipientAmount

21ST CENTURY SUCCESS FELLOWSHIP PRGM

Org PageRecipient Profile

South Bend, IN

PURPOSE: Restricted

$200,000

EARLY CHILDHOOD EDUCATION PRGM

Org PageRecipient Profile

South Bend, IN

PURPOSE: Restricted

$200,000

COMMUNITY FOUNDATION OF ST JOSEPH COUNTY

Org PageRecipient Profile

South Bend, IN

PURPOSE: Unrestricted

$91,462

EARLY LITERACY PRGM

Org PageRecipient Profile

South Bend, IN

PURPOSE: Restricted

$90,000

South Bend, IN

PURPOSE: Restricted

$7,500

South Bend, IN

PURPOSE: Restricted

$7,500
View Grant Profile

Endowment Analysis

Beg. Balance$8,969,357
Earnings-$900,448
Grants$689,709
Ending Balance$7,379,200

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