Loretto A Langley Trust
- Assets
- $811.2k
- Revenue
- $31.5k
- Investments
- $181.6k
- Employees
- 0
- Location
- Emporia, KS
- Founding
- 02/2002
- Data as of
- 06/2022
- EIN
- 48-6370228
Organization Overview
Loretto A Langley Trust is located in Emporia, KS. The organization was established in 2002. 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. Loretto A Langley Trust 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 06/2022, Loretto A Langley Trust generated $31.5k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 6 years, the organization has seen revenues fall by an average of (5.3%) each year. All expenses for the organization totaled $140.9k during the year ending 06/2022. As we would expect to see with falling revenues, expenses have declined by (3.1%) per year over the past 6 years. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, Loretto A Langley Trust has awarded 47 individual grants totaling $987,057. 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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Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $26 |
| Dividends & Interest | $3,508 |
| Net Rental Income | $21,799 |
| Net Gain on Sale of Assets | $0 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $31,534 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $3,057 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $4,978 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $1,223 |
| Total operating and administrative expenses | $13,306 |
| Contributions, gifts, grants paid | $127,554 |
| Total expenses and disbursements | $140,860 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $60,256 |
| 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 | $569,333 |
| Investments—mortgage loans | $0 |
| Investments—other | $0 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $811,227 |
| 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, Loretto A Langley Trust has awarded $127,554 in support to 7 organizations.
| Grant Recipient | Amount |
|---|---|
ST JOSEPH CATHOLIC CHURCH PURPOSE: CHURCH MAINTENANCE AND ROOF REPAIR | $70,337 |
CITY OF OLPE PURPOSE: PARK IMPROVEMENTS | $25,000 |
DIDDE CATHOLIC CAMPUS CENTER PURPOSE: NEW PHONE SYSTEM | $12,905 |
ABUNDANT HARVEST FOOD KITCHEN PURPOSE: OPERATING FUNDS | $10,000 |
USD # 252 PURPOSE: REALITY U PROGRAM | $7,562 |
Emporia, KS PURPOSE: SCHOLARSHIPS | $1,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
James S Mcdonnell Foundation St Louis, MO | $496,119,714 | $80,243,658 |
Patterson Family Foundation Kansas City, MO | $1,526,002,008 | $1,174,628,172 |
Inasmuch Foundation Oklahoma City, OK | $394,422,796 | $49,887,073 |
William K Warren Foundation Tulsa, OK | $318,898,600 | $38,179,587 |
Paula And Rodger Riney Foundation St Louis, MO | $118,536,395 | $1,770,419 |
Brent Eley Center Inc Aurora, CO | $0 | $0 |
Boettcher Foundation Denver, CO | $266,743,315 | $22,782,794 |
The Piton Foundation Denver, CO | $212,611,882 | $13,782,087 |
Ssb Charitable Foundation Colorado Springs, CO | $10,867,168 | $21,135,487 |
Joseph W Craft Iii Foundation Tulsa, OK | $111,776,138 | $19,434,208 |
The Hagan Scholarship Foundation Columbia, MO | $259,194,852 | $64,132,818 |
The Cielo Foundation Boulder, CO | $91,518,762 | $7,665,188 |