Lazord Foundation
- Assets
- $0.0
- Revenue
- $312.7k
- Investments
- $140.2k
- Employees
- 0
- Location
- Boston, MA
- Founding
- 09/2014
- Data as of
- 06/2020
- EIN
- 46-3535019
Organization Overview
Lazord Foundation is located in Boston, MA. The organization was established in 2014. According to its NTEE Classification (T30) the organization is classified as: Public 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. Lazord 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 06/2020, Lazord Foundation generated $312.7k in total revenue. This organization has experienced exceptional growth, as over the past 6 years, it has increased revenue by an average of 12.9% each year . All expenses for the organization totaled $395.7k during the year ending 06/2020. While expenses have increased by 21.9% per year over the past 6 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Form
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2020
Describe the Organization's Mission:
Part 3 - Line 1
SUPPORTS EDUCATIONAL PROGRAMS FOR YOUNG PROFESSIONALS IN THE MEDITERRANEAN REGION.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE LAZORD FOUNDATION PROVIDES PROGRAMMATIC, EDUCATIONAL AND FINANCIAL SUPPORT TO LAZORD FELLOWSHIP HOST ORGANIZATIONS. THE LAZORD FELLOWSHIP IS A ONE YEAR PROGRAM IMPROVING CIVIC SKILLS AND EMPLOYABILITY AMONGST YOUNG GRADUATES THROUGH A ONE YEAR PLACEMENT, TRAINING AND MENTORSHIP BY THE CHAPTER HOSTS AND THE FOUNDATION.
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 |
|---|---|---|---|
John D Zook Secretary/treasurer | 1 | $0 | |
Anna Manice President Of Board | 10 | $0 | |
Zaina Awad Malhotra Director | 0.25 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $280,225 |
| Interest on Savings | $6,027 |
| Dividends & Interest | $12,082 |
| Profit on Inventory Sales | $0 |
| Other Income | $11,133 |
| Total Revenue | $312,739 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Pension plans, employee benefits | $0 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Total operating and administrative expenses | $110,369 |
| Contributions, gifts, grants paid | $285,349 |
| Total expenses and disbursements | $395,718 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $13,996 |
| Investments—mortgage loans | $0 |
| Investments—other | $0 |
| Other assets | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $0 |
Grants Awarded
Over the last fiscal year, Lazord Foundation has awarded $291,630 in support to 3 organizations.
| Grant Recipient | Amount |
|---|---|
INJAZ PURPOSE: TO PROVIDE PROGRAMMATIC,EDUCATIONAL AND FINANCIAL SUPPORT TO THE LAZORD FELLOWSHIP HOST ORGANIZATIONS. THE LAZORD FELLOWSHIP IS A ONE YEAR PROGRAM IMPROVING CIVIC SKILLS AND EMPLOYABILITY AMONGST YOUNG GRADUATES THROUGH A ONE YEAR PLACEMENT, TRAINING, AND MENTORSHIP BY THE CHAPTER HOSTS AND THE FOUNDATION. | $178,368 |
UNION DE TUNISIENS INDEPENDANTS POUR LA LIBERTE PURPOSE: TO PROVIDE PROGRAMMATIC,EDUCATIONAL AND FINANCIAL SUPPORT TO THE LAZORD FELLOWSHIP HOST ORGANIZATIONS. THE LAZORD FELLOWSHIP IS A ONE YEAR PROGRAM IMPROVING CIVIC SKILLS AND EMPLOYABILITY AMONGST YOUNG GRADUATES THROUGH A ONE YEAR PLACEMENT, TRAINING, AND MENTORSHIP BY THE CHAPTER HOSTS AND THE FOUNDATION. | $108,948 |
AMERICAN UNIVERSITY IN CAIRO PURPOSE: TO PROVIDE PROGRAMMATIC,EDUCATIONAL AND FINANCIAL SUPPORT TO THE LAZORD FELLOWSHIP HOST ORGANIZATIONS. THE LAZORD FELLOWSHIP IS A ONE YEAR PROGRAM IMPROVING CIVIC SKILLS AND EMPLOYABILITY AMONGST YOUNG GRADUATES THROUGH A ONE YEAR PLACEMENT, TRAINING, AND MENTORSHIP BY THE CHAPTER HOSTS AND THE FOUNDATION. | $4,314 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Lazord Foundation has recieved totaling $570,000.
| Awarding Organization | Amount |
|---|---|
Jjj Charitable Foundation Stamford, CT PURPOSE: OPERATIONAL | $570,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Bny Mellon Charitable Gift Fund Boston, MA | $342,614,894 | $208,280,795 |
Keren Keshet-The Rainbow Foundation New York, NY | $212,134,789 | $28,921,665 |
Roswell Park Alliance Foundation Buffalo, NY | $159,422,911 | $37,424,046 |
World Of Giving Inc Spring Valley, NY | $6,086,190 | $25,054,815 |
Chapel & York Us Foundation Inc New York, NY | $7,715,489 | $28,773,311 |
Give Lively Foundation Inc New York, NY | $21,044,109 | $22,415,300 |
Greater Hartford Community Foundation Inc Hartford, CT | $8,414,279 | $22,150,705 |
Harlem Rbi Incorporated New York, NY | $85,587,058 | $22,268,250 |
Partnership Schools New York, NY | $64,379,139 | $24,282,663 |
Royal College Of Art Usa Inc New York, NY | $1,933,182 | $14,916,047 |
Imago Dei Fund Boston, MA | $57,020,766 | $29,637,241 |
Boston Charitable Trust Fund Boston, MA | $1,173,216 | $4,494,143 |