Lajck Foundation
- Assets
- $5.3m
- Revenue
- $468.5k
- Investments
- $5.0m
- Employees
- 0
- Location
- Schaumburg, IL
- Founding
- 08/2017
- Data as of
- 12/2022
- EIN
- 81-4627117
Organization Overview
Lajck Foundation is located in Schaumburg, IL. The organization was established in 2017. According to its NTEE Classification (T20) the organization is classified as: Private Grantmaking 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. Lajck 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, Lajck Foundation generated $468.5k 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 (18.2%) each year. All expenses for the organization totaled $394.1k during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
Since 2017, Lajck Foundation has awarded 88 individual grants totaling $984,424. 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 |
|---|---|---|---|
Loren Trimble President | 1 | $0 | |
Anne Trimble Treasurer | 1 | $0 | |
Joshua Trimble Director | 1 | $0 | |
Caleb Trimble Director | 1 | $0 | |
Kelsey Trimble Director | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $300,000 |
| Interest on Savings | $327 |
| Dividends & Interest | $111,984 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $56,144 |
| Capital Gain Net Income | $56,144 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $468,455 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $27 |
| Taxes | $7,360 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $10 |
| Total operating and administrative expenses | $56,076 |
| Contributions, gifts, grants paid | $338,060 |
| Total expenses and disbursements | $394,136 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $362,253 |
| 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 | $1,705,662 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $5,331,290 |
| 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, Lajck Foundation has awarded $338,060 in support to 24 organizations.
| Grant Recipient | Amount |
|---|---|
ARCHBISHOP OF CHICAGO PURPOSE: CHARTIABLE | $25,000 |
CENTER FOR HEALTHCARE INNOVATION PURPOSE: CHARITABLE | $10,000 |
CLINTON COMMUNITY COLLEGE PURPOSE: CHARITABLE | $2,500 |
HEIFER INTL PURPOSE: CHARITABLE | $5,000 |
DUCHESNE ACADEMY PURPOSE: CHARITABLE | $9,000 |
HOLY FAMILY CATHOLIC CHURCH PURPOSE: CHARITABLE | $22,460 |