Lhk Foundation is located in Brooklyn, NY. The organization was established in 2014. According to its NTEE Classification (X99) the organization is classified as: Religion-Related N.E.C., under the broad grouping of Religion-Related and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Lhk 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 12/2023, Lhk Foundation generated $120.5k 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 (13.3%) each year. All expenses for the organization totaled $128.1k during the year ending 12/2023. As we would expect to see with falling revenues, expenses have declined by (6.8%) per year over the past 9 years. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, Lhk Foundation has awarded 199 individual grants totaling $1,607,236. 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.
Statement of Revenue | |
---|---|
Contributions, Gifts, Grants & Similar | $0 |
Interest on Savings | $0 |
Dividends & Interest | $0 |
Net Rental Income | $0 |
Net Gain on Sale of Assets | $120,500 |
Capital Gain Net Income | $0 |
Net ST Capital Gain | $0 |
Income Modifications | $0 |
Profit on Inventory Sales | $0 |
Other Income | $0 |
Total Revenue | $120,500 |
Statement of Expenses | |
---|---|
Compensation of officers, directors, trustees, etc | $0 |
Other employee salaries and wages | $0 |
Pension plans, employee benefits | $0 |
Interest | $0 |
Taxes | $0 |
Depreciation | $0 |
Occupancy | $0 |
Travel, conferences, and meetings | $0 |
Printing and publications | $0 |
Other expenses | $2,233 |
Total operating and administrative expenses | $2,233 |
Contributions, gifts, grants paid | $125,884 |
Total expenses and disbursements | $128,117 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $7,133 |
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 | $5,644,354 |
Net Land, buildings, and equipment | $0 |
Other assets | $0 |
Total assets | $5,651,487 |
Accounts payable and accrued expenses | $0 |
Grants payable | $0 |
Deferred revenue | $4,640,853 |
Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
Mortgages and other notes payable | $0 |
Other liabilities | $0 |
Total liabilities | $4,640,853 |
Over the last fiscal year, Lhk Foundation has awarded $125,884 in support to 6 organizations.
Grant Recipient | Amount |
---|---|
BINYAN YRUSHLEIM PURPOSE: CHARITY | $24,859 |
KHAL TORATH CHAIM PURPOSE: CHARITY | $36,100 |
CONG DARKEI TESHUVA DINEV PURPOSE: CHARITY | $18,325 |
OJC FUND PURPOSE: CHARITY | $35,000 |
YETEV LEV PURPOSE: CHARITY | $1,000 |
BEER YITZCHOK AD PURPOSE: CHARITY | $10,600 |