Charles W Loosemore Foundation

Organization Overview

Charles W Loosemore Foundation is located in Byron Center, MI. The organization was established in 1969. 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. Charles W Loosemore 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, Charles W Loosemore 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 62.1% each year . All expenses for the organization totaled $297.7k during the year ending 12/2021. While expenses have increased by 10.4% 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, Charles W Loosemore Foundation has awarded 18 individual grants totaling $2,630,000. 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)Compensation
Joyce F Hecht
Director
$0
David M Hecht
President
$0

Financial Statements

Statement of Revenue
Contributions, Gifts, Grants & Similar $0
Interest on Savings $0
Dividends & Interest $80,760
Net Rental Income$0
Net Gain on Sale of Assets $984,825
Capital Gain Net Income $984,825
Net ST Capital Gain $31,079
Income Modifications $0
Profit on Inventory Sales $0
Other Income $0
Total Revenue $1,065,585

Grants Awarded

Over the last fiscal year, Charles W Loosemore Foundation has awarded $260,000 in support to 3 organizations.

Grant RecipientAmount

GRAND VALLEY STATE UNIVERSITY

PURPOSE: FURTHERANCE OF CHARITABLE PURPOSES OF RECIPIENT

$200,000

Naples, FL

PURPOSE: FURTHERANCE OF CHARITABLE PURPOSES OF RECIPIENT

$50,000

FREDERICK MEIJER GARDENS

PURPOSE: FURTHERANCE OF CHARITABLE PURPOSES OF RECIPIENT

$10,000
View Grant Profile

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