Lauer Philanthropic Foundation
- Assets
- $1.7m
- Revenue
- $79.5k
- Investments
- $1.7m
- Employees
- 0
- Location
- Chevy Chase, MD
- Founding
- 08/1998
- Data as of
- 12/2022
- EIN
- 52-2036406
Organization Overview
Lauer Philanthropic Foundation is located in Chevy Chase, MD. The organization was established in 1998. According to its NTEE Classification (Z99) the organization is classified as: Unknown, under the broad grouping of Unknown and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Lauer Philanthropic 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, Lauer Philanthropic Foundation generated $79.5k in total revenue. The organization has seen a slow decline revenue. Over the past 7 years, revenues have fallen by an average of (2.8%) each year. All expenses for the organization totaled $146.8k during the year ending 12/2022. As we would expect to see with falling revenues, expenses have declined by (0.4%) per year over the past 7 years. You can explore the organizations financials more deeply in the financial statements section below.
Since 2016, Lauer Philanthropic Foundation has awarded 104 individual grants totaling $1,191,192. 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 |
|---|---|---|---|
Arnold Fleischmann Trustee | 5 | $0 | |
Alan Fleischmann Trustee | 1 | $0 | |
Dafna Tapiero Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $52,250 |
| Interest on Savings | $0 |
| Dividends & Interest | $32,727 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | -$5,433 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $79,544 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $1,076 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $0 |
| Total operating and administrative expenses | $13,326 |
| Contributions, gifts, grants paid | $133,500 |
| Total expenses and disbursements | $146,826 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $11,868 |
| 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 | $1,685,362 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $1,697,230 |
| 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, Lauer Philanthropic Foundation has awarded $133,500 in support to 14 organizations.
| Grant Recipient | Amount |
|---|---|
AMERICAN COUNCIL ON GERMANY PURPOSE: GENERAL CHARITABLE PURPOSE | $5,000 |
BETH EL SYNAGOGUE PURPOSE: GENERAL CHARITABLE PURPOSE | $10,000 |
CAPITAL AREA FOODBANK PURPOSE: GENERAL CHARITABLE PURPOSE | $1,000 |
CAL RIPKEN SR FOUNDATION PURPOSE: GENERAL CHARITABLE PURPOSE | $1,000 |
GILMAN SCHOOL PURPOSE: GENERAL CHARITABLE PURPOSE | $500 |
COUNCIL ON FOREIGN RELATIONS PURPOSE: GENERAL CHARITABLE PURPOSE | $5,000 |