Luke 18-1 Foundation
- Assets
- $18.5k
- Revenue
- $359.3k
- Investments
- $0.0
- Employees
- 0
- Location
- Southlake, TX
- Founding
- 07/2018
- Data as of
- 12/2021
- EIN
- 82-1793314
Organization Overview
Luke 18-1 Foundation is located in Southlake, TX. The organization was established in 2018. According to its NTEE Classification (E12) the organization is classified as: Fund Raising & Fund Distribution, under the broad grouping of Health Care and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Luke 18-1 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 12/2021, Luke 18-1 Foundation generated $359.3k in total revenue. This organization has experienced exceptional growth, as over the past 4 years, it has increased revenue by an average of 19.7% each year . All expenses for the organization totaled $378.9k during the year ending 12/2021. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
THE LUKE 18:1 FOUNDATION MISSION IS TO WORK TOGETHER AS A COMMUNITY TO FIND A CURE FOR SMA THROUGH RASISING AWARENESS, FUNDING RESEARCH, AND SUPPORTING INDIVIDUALS AND FAMILIES. IN SUPPORT OF THE MISSION, THE LUKE 18:1 FOUNDATION SPECIFICALLY SEEKS TO HAVE AN IMPACT ON THE VARIOUS AUDIENCES WITH WHICH IT IS ENGAGED. THE LUKE 18:1 FOUNDATION'S THREE PILLARS' ACTIVITIES ARE RAISING AWARENESS, FUNDING RESEARCH, AND SUPPORTING FAMILIES.
Describe the Organization's Program Activity:
Part 3 - Line 4a
LINKS 4 LUKE: ANNUAL GOLF TOURNAMENT WITH ALL PROCEEDS BENFITING THE LUKE 18:1 FOUNDATION, WHICH RAISES FUNDS FOR RESEARCH EFFORTS TO FIND A CURE FOR SMA AND SUPPORT FAMILIES AFFECTED BY THE DISEASE.
FOUNDATION MADE A GRANT TO CURE SMA IN THE AMOUNT OF $375,000. CURE SMA RAISES FUNDS TO SUPORT RESEARCH AND THOSE DIAGNOSED WITH SMA.
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PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Nicole Stickane Board Member | OfficerTrustee | 10 | $0 |
Joseph Hildebrand Board Member | OfficerTrustee | 2 | $0 |
Justin Puckett Board Member | OfficerTrustee | 2 | $0 |
Daniella Giglio Board Member | OfficerTrustee | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $409,834 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $0 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $409,834 |
| Total Program Service Revenue | $0 |
| Investment income | $0 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | -$50,566 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $359,268 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $375,000 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $0 |
| Office expenses | $0 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $0 |
| All other expenses | $0 |
| Total functional expenses | $378,882 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $18,506 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $18,506 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $0 |
| Net assets without donor restrictions | $0 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $18,506 |
| Total liabilities and net assets/fund balances | $18,506 |
Grants Awarded
Over the last fiscal year, Luke 18-1 Foundation has awarded $112,500 in support to 2 organizations.
| Grant Recipient | Amount |
|---|---|
Elk Grove Village, IL PURPOSE: FUND CURE FOR SMA | $102,500 |
Chicago, IL PURPOSE: FUND CURE FOR SMA | $10,000 |
Grants Recieved
Over the last fiscal year, we have identified 3 grants that Luke 18-1 Foundation has recieved totaling $26,500.
| Awarding Organization | Amount |
|---|---|
American Online Giving Foundation Inc Newark, DE PURPOSE: GENERAL SUPPORT | $12,500 |
Schwab Charitable Fund San Francisco, CA PURPOSE: HEALTH | $9,000 |
Hubbard Family Foundation Inc Colleyville, TX PURPOSE: SPINAL MUSCULAR ATROPHY | $5,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Dallas Safety Net Support Corporation Dallas, TX | $4,237,418 | $77,320,079 |
Baylor Health Care System Foundation Dallas, TX | $467,606,696 | $53,895,442 |
Valley Baptist Legacy Foundation Harlingen, TX | $0 | $14,611,699 |
Scott & White Healthcare Foundation Dallas, TX | $180,193,020 | $21,935,084 |
Arkansas Childrens Foundation Little Rock, AR | $506,772,026 | $131,995,512 |
Parkland Foundation Dallas, TX | $33,444,460 | $13,500,351 |
Service Organization Of West Texas Lubbock, TX | $5,121,013 | $34,116,790 |
Service Organization Of North Texas Lubbock, TX | $2,347,817 | $21,268,111 |
Swla Center For Health Services Lake Charles, LA | $23,169,398 | $25,064,227 |
Service Organization Of The Piney Woods Lubbock, TX | $125,455 | $15,876,016 |
Cyberspace Innovation Center Incoporated Bossier City, LA | $14,331,496 | $17,560,867 |
Christus Spohn Health System Development Foundation Corpus Christi, TX | $25,881,076 | $6,931,905 |