Arthur R & Ruth D Lautz Charitable Foundation
- Assets
- $1.7m
- Revenue
- $327.6k
- Investments
- $1.6m
- Employees
- 0
- Location
- Atlanta, GA
- Founding
- Data as of
- 12/2022
- EIN
- 82-3518512
Organization Overview
Arthur R & Ruth D Lautz Charitable Foundation is located in Atlanta, GA. According to its NTEE Classification (A12) the organization is classified as: Fund Raising & Fund Distribution, under the broad grouping of Arts, Culture & Humanities and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Arthur R & Ruth D Lautz Charitable 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, Arthur R & Ruth D Lautz Charitable Foundation generated $327.6k in total revenue. This organization has experienced exceptional growth, as over the past 5 years, it has increased revenue by an average of 28.6% each year . All expenses for the organization totaled $159.7k during the year ending 12/2022. While expenses have increased by 16.1% per year over the past 5 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Since 2018, Arthur R & Ruth D Lautz Charitable Foundation has awarded 32 individual grants totaling $499,040. 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
COMMUNITY DEVELOPMENT
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Karen Kropp President | 1 | $0 | |
James Lautz Vice President | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $1,783 |
| Dividends & Interest | $46,202 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $279,210 |
| Capital Gain Net Income | $279,210 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $404 |
| Total Revenue | $327,599 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $2,448 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $0 |
| Total operating and administrative expenses | $34,725 |
| Contributions, gifts, grants paid | $125,000 |
| Total expenses and disbursements | $159,725 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $86,444 |
| 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 | $0 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $1,703,023 |
| 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, Arthur R & Ruth D Lautz Charitable Foundation has awarded $125,000 in support to 10 organizations.
| Grant Recipient | Amount |
|---|---|
ATLANTA MUSICIANS EMERGENCY RELIEF FUND PURPOSE: COMMUNITY DEVELOPMENT | $2,000 |
BUCKHEAD CHRISTIAN MINISTRY PURPOSE: COMMUNITY DEVELOPMENT | $7,500 |
CITY OF REFUGE PURPOSE: COMMUNITY DEVELOPMENT | $7,500 |
SONGS FOR KIDS FOUNDATION INC PURPOSE: COMMUNITY DEVELOPMENT | $4,000 |
THE GIVING KITCHEN PURPOSE: COMMUNITY DEVELOPMENT | $5,000 |
NATIONAL MARITIME HISTORICAL SOCIETY PURPOSE: COMMUNITY DEVELOPMENT | $1,000 |