The Layman Family Foundation Foundation
- Assets
- $273.8k
- Revenue
- $16.1k
- Investments
- $200.8k
- Employees
- 0
- Location
- Daleville, VA
- Founding
- 09/1999
- Data as of
- 12/2022
- EIN
- 54-1556638
Organization Overview
The Layman Family Foundation Foundation is located in Daleville, VA. The organization was established in 1999. 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. Layman Family Foundation 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, Layman Family Foundation Foundation generated $16.1k in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 2.2% each year. All expenses for the organization totaled $22.0k during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, Layman Family Foundation Foundation has awarded 181 individual grants totaling $168,307. 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
VARIOUS CHARITABLE/EDUCATIONAL/RELIGIOUS ORGANIZATIONS - CONTRIBUTIONS TO SUPPORT NON-PROFIT, CHARITABLE ACTIVITIES
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Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $1,245 |
| Dividends & Interest | $4,121 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $10,706 |
| Capital Gain Net Income | $11,211 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $16,072 |
| 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 | $401 |
| Total operating and administrative expenses | $3,712 |
| Contributions, gifts, grants paid | $18,250 |
| Total expenses and disbursements | $21,962 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $72,991 |
| 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 | $160,077 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $273,768 |
| 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, The Layman Family Foundation Foundation has awarded $18,250 in support to 7 organizations.
| Grant Recipient | Amount |
|---|---|
BATH COUNTY ARTS ASSOC PURPOSE: CHARITABLE PURPOSE | $150 |
BRIDGEWATER COLLEGE PURPOSE: CHARITABLE PURPOSE | $10,000 |
YMCA OF ROANOKE VALLEY PURPOSE: CHARITABLE PURPOSE | $5,000 |
MSKCC GIVING PURPOSE: CHARITABLE PURPOSES | $300 |
SALVATION ARMY PURPOSE: CHARITABLE PURPOSE | $150 |
FEEDING SOUTHWEST VA PURPOSE: CHARITABLE PURPOSE | $150 |