Lamb Weston Charitable Foundation is located in Eagle, ID. The organization was established in 2019. According to its NTEE Classification (T50) the organization is classified as: Philanthropy, Charity & Voluntarism Promotion, 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. Lamb Weston 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, Lamb Weston Charitable Foundation generated $4.5m in total revenue. The organization has seen a slow decline revenue. Over the past 4 years, revenues have fallen by an average of (2.6%) each year. All expenses for the organization totaled $944.4k during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
Since 2020, Lamb Weston Charitable Foundation has awarded 5,647 individual grants totaling $2,792,677. 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 PROGRAMS: GRANT-MAKING TO 501(C)(3) TAX-EXEMPT CHARITIES THAT SUPPORT THE COMMUNITIES WHERE LAMB WESTON OPERATES, AND ITS EMPLOYEES LIVE AND WORK.
EMPLOYEE MATCHING: FUND A MATCHING GIFTS PROGRAM FOR EMPLOYEES OF LAMB WESTON.
EMPLOYEE SCHOLARSHIP PROGRAM: GRANT-MAKING TO STUDENTS OF EMPLOYEES WHO ARE ATTENDING A QUALIFYING UNIVERSITY OR COLLEGE.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Shelby Sanders President | 0 | $0 | |
Eryk Spytek Director | 0 | $0 | |
Phuong Lam Secretary | 0 | $0 | |
Gregory Jones Treasurer | 0 | $0 | |
Marc Mccoy Director | 0 | $0 | |
Linda Baird Director | 0 | $0 |
Statement of Revenue | |
---|---|
Contributions, Gifts, Grants & Similar | $4,500,000 |
Interest on Savings | $0 |
Dividends & Interest | $96,436 |
Net Rental Income | $0 |
Net Gain on Sale of Assets | -$54,868 |
Capital Gain Net Income | $0 |
Net ST Capital Gain | $0 |
Income Modifications | $0 |
Profit on Inventory Sales | $0 |
Other Income | $50 |
Total Revenue | $4,541,618 |
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 |
Depreciation | $0 |
Occupancy | $0 |
Travel, conferences, and meetings | $0 |
Printing and publications | $0 |
Other expenses | $7,052 |
Total operating and administrative expenses | $25,215 |
Contributions, gifts, grants paid | $919,221 |
Total expenses and disbursements | $944,436 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $0 |
Savings and temporary cash investments | $5,203,824 |
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 | $80 |
Net Investments - land, buildings, equipment | $0 |
Investments—mortgage loans | $0 |
Investments—other | $5,394,200 |
Net Land, buildings, and equipment | $0 |
Other assets | $0 |
Total assets | $10,598,104 |
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 |
Over the last fiscal year, Lamb Weston Charitable Foundation has awarded $1,010,332 in support to 1,757 organizations.
Grant Recipient | Amount |
---|---|
CANCER COUNCIL VICTORIA PURPOSE: COMMUNITY SUPPORT | $38 |
PETER MACCALLUM CANCER INSTITUTE PURPOSE: COMMUNITY SUPPORT | $69 |
AUSTRALIAN COMMITTEE FOR UNICEF LIMITED PURPOSE: COMMUNITY SUPPORT | $12 |
ALBERTA BIRDS OF PREY FOUNDATION PURPOSE: COMMUNITY SUPPORT | $81 |
AUSTRALIA FOR UNHCR PURPOSE: COMMUNITY SUPPORT | $12 |
ALBERTA CANCER FOUNDATION PURPOSE: COMMUNITY SUPPORT | $41 |