Donald F & Charlene K Lamberti Foundation
- Assets
- $10.6m
- Revenue
- $1.4m
- Investments
- $8.1m
- Employees
- 0
- Location
- Ankeny, IA
- Founding
- 08/1996
- Data as of
- 07/2024
- EIN
- 42-1453781
Organization Overview
Donald F & Charlene K Lamberti Foundation is located in Ankeny, IA. The organization was established in 1996. 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. Donald F & Charlene K Lamberti 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 07/2024, Donald F & Charlene K Lamberti Foundation generated $1.4m in total revenue. This represents a relatively dramatic decline in revenue. Over the past 9 years, the organization has seen revenues fall by an average of (15.1%) each year. All expenses for the organization totaled $974.6k during the year ending 07/2024. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, Donald F & Charlene K Lamberti Foundation has awarded 247 individual grants totaling $6,820,077. 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 |
|---|---|---|---|
Jeffrey M Lamberti President | 1 | $0 | |
Kimberli K Lamberti Pitts Secy/treas | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $74,401 |
| Dividends & Interest | $219,961 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $1,094,137 |
| Capital Gain Net Income | $1,094,137 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | -$7,536 |
| Total Revenue | $1,380,963 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $19,730 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $19,942 |
| Total operating and administrative expenses | $72,455 |
| Contributions, gifts, grants paid | $902,100 |
| Total expenses and disbursements | $974,555 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $869,694 |
| 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 | $1,615,000 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $1,844,427 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $10,595,760 |
| 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, Donald F & Charlene K Lamberti Foundation has awarded $902,100 in support to 37 organizations.
| Grant Recipient | Amount |
|---|---|
PUPPY JAKE FOUNDATION PURPOSE: CONTRIBUTION | $5,000 |
CATHOLIC DIOCESE OF DES MOINES PURPOSE: CONTRIBUTION | $63,600 |
ANKENY CHRISTIAN ACADEMY PURPOSE: CONTRIBUTION | $70,000 |
BLESSMAN INTERNATIONAL PURPOSE: CONTRIBUTION | $15,000 |
CATHOLICS COME HOME INC PURPOSE: CONTRIBUTION | $20,000 |
FELLOWSHIP OF CATH UNIVERSITY STUDENTS PURPOSE: CONTRIBUTION | $30,000 |