Lubar Family Foundation Inc
- Assets
- $49.7m
- Revenue
- $151.2k
- Investments
- $3.0m
- Employees
- 0
- Location
- Milwaukee, WI
- Founding
- 08/1968
- Data as of
- 12/2022
- EIN
- 39-1098690
Organization Overview
Lubar Family Foundation Inc is located in Milwaukee, WI. The organization was established in 1968. 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. Lubar Family 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 12/2022, Lubar Family Foundation Inc generated $151.2k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 4 years, the organization has seen revenues fall by an average of (53.3%) each year. All expenses for the organization totaled $1.8m during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
Since 2020, Lubar Family Foundation Inc has awarded 48 individual grants totaling $1,701,321. 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 |
|---|---|---|---|
Marianne S Lubar President | 1 | $0 | |
Sheldon B Lubar Chairman | 2 | $0 | |
David M Bauer Treasurer | 2 | $0 | |
David J Lubar Secretary | 1 | $0 | |
Jean Ellen Trubshaw Vice President | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $287,741 |
| Dividends & Interest | $452,762 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | -$589,903 |
| Capital Gain Net Income | $1,151,426 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $628 |
| Total Revenue | $151,228 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $45,748 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $78,586 |
| Total operating and administrative expenses | $132,359 |
| Contributions, gifts, grants paid | $1,696,121 |
| Total expenses and disbursements | $1,828,480 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $148,133 |
| Savings and temporary cash investments | $6,461 |
| 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 | $46,592,362 |
| Total assets | $49,723,455 |
| 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, Lubar Family Foundation Inc has awarded $1,696,121 in support to 45 organizations.
| Grant Recipient | Amount |
|---|---|
CONGREGATION SINAI PURPOSE: CHARITABLE | $78,929 |
AMERICAN JEWISH JOINT DISTRIB COMMI PURPOSE: CHARITABLE | $60,000 |
FRIENDS OF UNITED HATZALAH PURPOSE: CHARITABLE | $5,000 |
HEILICHER MINNEAPOLIS JEWISH DAY SC PURPOSE: CHARITABLE | $15,000 |
JEWISH BEGINNINGS LUBAVITCH PRESCHO PURPOSE: CHARITABLE | $1,800 |
JEWFOLK MEDIA INC PURPOSE: CHARITABLE | $40,000 |