Lohse Family Foundation
- Assets
- $3.5m
- Revenue
- $381.5k
- Investments
- $3.4m
- Employees
- 0
- Location
- Bondurant, IA
- Founding
- 02/2015
- Data as of
- 12/2022
- EIN
- 46-1567946
Organization Overview
Lohse Family Foundation is located in Bondurant, IA. The organization was established in 2015. According to its NTEE Classification (T22) the organization is classified as: Private Independent 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. Lohse 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, Lohse Family Foundation generated $381.5k in total revenue. The organization has seen a slow decline revenue. Over the past 8 years, revenues have fallen by an average of (2.8%) each year. All expenses for the organization totaled $421.3k during the year ending 12/2022. As we would expect to see with falling revenues, expenses have declined by (0.9%) per year over the past 8 years. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, Lohse Family Foundation has awarded 130 individual grants totaling $3,593,367. 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 |
|---|---|---|---|
Brian K Lohse President & Secretary | 0 | $0 | |
Mary F Lohse Vice-President & Treasurer | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $135,832 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $245,670 |
| Capital Gain Net Income | $245,670 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $381,502 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $9,882 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $7,149 |
| Total operating and administrative expenses | $42,887 |
| Contributions, gifts, grants paid | $378,430 |
| Total expenses and disbursements | $421,317 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $139,464 |
| 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 | $3,532,581 |
| 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, Lohse Family Foundation has awarded $378,430 in support to 7 organizations.
| Grant Recipient | Amount |
|---|---|
UNIVERSITY OF IOWA CENTER FOR ADVANCEMENT PURPOSE: LOHSE FAMILY NICU SUPPORT FUND | $150,000 |
UNIVERSITY OF IOWA CENTER FOR ADVANCEMENT PURPOSE: KINNICK EDGE GIFT FUND | $100,000 |
DRAKE UNIVERSITY PURPOSE: GENERAL OPERATING FUND | $75,000 |
YOUTH SHELTER SERVICES PURPOSE: GENERAL OPERATING FUND | $50,000 |
BONDURANT FARRAR SCHOOLS PURPOSE: LEADERSHIP CONFERENCE | $1,680 |
PUPPY JAKE FOUNDATION PURPOSE: GENERAL OPERATING FUND | $1,000 |