Laverty Foundation

Organization Overview

Laverty Foundation is located in Indianola, IA. The organization was established in 1994. 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. Laverty 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, Laverty Foundation generated $146.7k in total revenue. This organization has experienced exceptional growth, as over the past 4 years, it has increased revenue by an average of 33.2% each year . All expenses for the organization totaled $94.0k during the year ending 12/2021. You can explore the organizations financials more deeply in the financial statements section below.

Since 2020, Laverty Foundation has awarded 14 individual grants totaling $219,000. 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.

Mission & Program ActivityExcerpts From the 990PF Filing

TAX YEAR

2021

Describe the Organization's Program Activity:

Part 3 - Line 4a

CHARITABLE CONTRIBUTIONS TO SELECTED ORGANIZATIONS


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Board, Officers & Key Employees

Name (title)Compensation
Robert Downing
Director
$0
J Robert Burkhart
Director
$0

Financial Statements

Statement of Revenue
Contributions, Gifts, Grants & Similar $0
Interest on Savings $0
Dividends & Interest $49,083
Net Rental Income$0
Net Gain on Sale of Assets $97,595
Capital Gain Net Income $97,595
Net ST Capital Gain $0
Income Modifications $0
Profit on Inventory Sales $0
Other Income $0
Total Revenue $146,678

Grants Awarded

Over the last fiscal year, Laverty Foundation has awarded $71,000 in support to 4 organizations.

Grant RecipientAmount

FIRST UNITED METHODIST CHURCH

PURPOSE: LANDSCAPING AND SCHOLARSHIPS

$40,000

WESLEY WOODS CAMP AND RETREAT CENTER

PURPOSE: CHARITABLE GIFTS FOR BUILDING REPAIRS

$13,500

DES MOINES METRO OPERA

Org PageRecipient Profile

Indianola, IA

PURPOSE: CHARITABLE GIFTS FOR CELEBRATION OF FIFTIETH ANNIVERSARY

$10,000

HEAL HOUSE OF IOWA

Org PageRecipient Profile

Indianola, IA

PURPOSE: CAPITAL CAMPAIGN

$7,500
View Grant Profile

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