Logsdon Family Foundation
- Assets
- $2.0m
- Revenue
- -$8.3k
- Investments
- $1.8m
- Employees
- 0
- Location
- Medina, OH
- Founding
- 12/2015
- Data as of
- 12/2022
- EIN
- 47-5127863
Organization Overview
Logsdon Family Foundation is located in Medina, OH. 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. Logsdon 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.
Since 2016, Logsdon Family Foundation has awarded 52 individual grants totaling $679,200. 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.
Form
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2022
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE LOGSDON FAMILY FOUNDATION PROVIDES FINANCIAL ASSISTANCE TO 501(C)(3) CHARITIES TO HELP EMPOWER THE POOR AND DISADVANTAGED TO BECOME SELF-RELIANT BY PROVIDING SERVICES THAT PROMOTE THE SPIRITUAL, CULTURAL, ARTISTIC AND/OR OCCUPATIONAL HEALTH OF SUCH INDIVIDUALS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
David E Logsdon Trustee | 1 | $0 | |
Michael E Logsdon Trustee | 1 | $0 | |
John L Logsdon Trustee | 1 | $0 | |
Catherine M Spady Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $100,000 |
| Interest on Savings | $13,384 |
| Dividends & Interest | $17,738 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | -$139,444 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | -$8,322 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $7,898 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $8,147 |
| Printing and publications | $0 |
| Other expenses | $143 |
| Total operating and administrative expenses | $26,385 |
| Contributions, gifts, grants paid | $98,500 |
| Total expenses and disbursements | $124,885 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $37,492 |
| Savings and temporary cash investments | $102,994 |
| 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 | $375,530 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $1,951,480 |
| 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, Logsdon Family Foundation has awarded $98,500 in support to 9 organizations.
| Grant Recipient | Amount |
|---|---|
CLEVELAND RAPE CRISIS CENTER PURPOSE: GENERAL SUPPORT | $7,500 |
WOMEN'S BUSINESS CENTER OF OHIO PURPOSE: GENERAL SUPPORT | $7,500 |
GOVERNOR'S SCHOOL FOR THE ARTS PURPOSE: GENERAL SUPPORT | $10,000 |
CUYAHOGA COUNTY ANIMAL SHELTER PURPOSE: GENERAL SUPPORT | $5,000 |
SPECIAL OLYMPICS PURPOSE: GENERAL SUPPORT | $1,000 |
MEDINA COUNTY COMMUNITY FUND PURPOSE: GENERAL SUPPORT | $2,500 |