Charles Lamar Family Foundation
- Assets
- $13.0m
- Revenue
- $1.0m
- Investments
- $12.6m
- Employees
- 0
- Location
- Baton Rouge, LA
- Founding
- 03/2001
- Data as of
- 12/2022
- EIN
- 72-1488497
Organization Overview
Charles Lamar Family Foundation is located in Baton Rouge, LA. The organization was established in 2001. 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. Charles Lamar 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.
For the year ending 12/2022, Charles Lamar Family Foundation generated $1.0m in total revenue. This represents a relatively dramatic decline in revenue. Over the past 4 years, the organization has seen revenues fall by an average of (3.8%) each year. All expenses for the organization totaled $1.3m during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
Since 2019, Charles Lamar Family Foundation has awarded 161 individual grants totaling $7,213,936. 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 |
|---|---|---|---|
Charles W Lamar III President | 0 | $0 | |
Carole E Lamar Secretary/treasurer | 0 | $0 | |
Allison Lamar Beard Director | 0 | $0 | |
Courtney Lamar Leader Director | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $37,743 |
| Interest on Savings | $1,028 |
| Dividends & Interest | $954,839 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $48,893 |
| Capital Gain Net Income | $48,893 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $1,042,503 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $14,000 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $23,266 |
| Total operating and administrative expenses | $72,394 |
| Contributions, gifts, grants paid | $1,199,898 |
| Total expenses and disbursements | $1,272,292 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $347,417 |
| 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 | $561,354 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $12,973,784 |
| 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, Charles Lamar Family Foundation has awarded $1,769,898 in support to 41 organizations.
| Grant Recipient | Amount |
|---|---|
ALZHEIMER'S SERVICES OF THE CAPITAL AREA PURPOSE: CHARITABLE - BRIDGE FUNDING - CHARLIE'S PLACE AND OTHER PROGRAMS (COVID 19-RELIEF) | $13,750 |
ARTS COUNCIL OF GREATER BATON ROUGE PURPOSE: CHARITABLE - MANSHIP/SHAW CENTER SUBSIDY GRANTS PROGRAM; FUNDING FOR SALARY FOR DIRECTOR OF EDUCATION | $25,260 |
BATON ROUGE YOUTH COALITION PURPOSE: CHARITABLE - SUPPORT PERSISTENCE PROGRAM | $100,000 |
CANCER SERVICES OF GREATER BATON ROUGE PURPOSE: CHARITABLE - 225GIVES CAMPAIGN | $5,000 |
CENIKOR FOUNDATION PURPOSE: CHARITABLE - GENERAL ANNUAL SUPPORT | $5,000 |
CENTER FOR DEVELOPMENT & LEARNING PURPOSE: CHARITABLE - LOUISIANA READS! PROGRAM FUNDING | $20,000 |