Harvey And Carol Lange Family Foundation
- Assets
- $877.1k
- Revenue
- $27.0k
- Investments
- $862.3k
- Employees
- 0
- Location
- Indianapolis, IN
- Founding
- 11/1993
- Data as of
- 12/2022
- EIN
- 39-1765317
Organization Overview
Harvey And Carol Lange Family Foundation is located in Indianapolis, IN. The organization was established in 1993. 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. Harvey And Carol Lange 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.
For the year ending 12/2022, Harvey And Carol Lange Family Foundation generated $27.0k 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 (7.1%) each year. All expenses for the organization totaled $79.4k during the year ending 12/2022. As we would expect to see with falling revenues, expenses have declined by (4.9%) per year over the past 4 years. You can explore the organizations financials more deeply in the financial statements section below.
Since 2020, Harvey And Carol Lange Family Foundation has awarded 21 individual grants totaling $146,775. 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.
Form
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2022
Describe the Organization's Program Activity:
Part 3 - Line 4a
N/A
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Harvey D Lange President | 2 | $0 | |
Carol A Lange Vice President | 1 | $0 | |
Mary Lange Zbikowski Director/treasurer | 3 | $0 | |
Ruth Sprain Director/secretary | 1 | $0 | |
Kathy Brakke Director | 0.25 | $0 | |
David Lange Director | 0.25 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $88 |
| Dividends & Interest | $37,426 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | -$10,491 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $27,023 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $1,789 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $7,055 |
| Printing and publications | $0 |
| Other expenses | $26 |
| Total operating and administrative expenses | $29,413 |
| Contributions, gifts, grants paid | $50,000 |
| Total expenses and disbursements | $79,413 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $14,776 |
| Savings and temporary cash investments | $0 |
| 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 | $877,077 |
| 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, Harvey And Carol Lange Family Foundation has awarded $51,675 in support to 17 organizations.
| Grant Recipient | Amount |
|---|---|
CONCORDIA UNIVERSITY CENTER FOR LITURGICAL ARTS PURPOSE: PROGRAM DEVELOPMENT | $26,000 |
LUTHERAN WORLD RELIEF PURPOSE: DISASTER RELIEF | $10,000 |
WE RAISE FOUNDATION PURPOSE: END POVERTY AND VIOLENCE | $500 |
LUTHERAN CHILD AND FAMILY SERVICES FOUNDATION PURPOSE: AT-RISK CHILDREN | $500 |
INDIANAPOLIS LUTHERAN HIGH SCHOOL PURPOSE: SCHOLARSHIPS | $100 |
WFYI PURPOSE: EDUCATION AND RESEARCH | $75 |