Lft Family Foundation
- Assets
- $5.7k
- Revenue
- $62.9k
- Investments
- $0.0
- Employees
- 0
- Location
- Sedgwick, KS
- Founding
- 11/2018
- Data as of
- 12/2020
- EIN
- 83-6250663
Organization Overview
Lft Family Foundation is located in Sedgwick, KS. The organization was established in 2018. 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. Lft 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 12/2020, Lft Family Foundation generated $62.9k in total revenue. This organization has experienced exceptional growth, as over the past 3 years, it has increased revenue by an average of 35.7% each year . All expenses for the organization totaled $80.8k during the year ending 12/2020. You can explore the organizations financials more deeply in the financial statements section below.
Since 2018, Lft Family Foundation has awarded 116 individual grants totaling $274,965. 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 |
|---|---|---|---|
Susan Schrag Trustee | 1 | $0 | |
Byron K Schrag Trustee | 1 | $0 | |
Logan A Schrag Trustee | 1 | $0 | |
Kaleigh E Mckee Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $62,841 |
| Interest on Savings | $9 |
| Dividends & Interest | $0 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $0 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $62,850 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $0 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $154 |
| Total operating and administrative expenses | $784 |
| Contributions, gifts, grants paid | $80,037 |
| Total expenses and disbursements | $80,821 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $5,573 |
| Savings and temporary cash investments | $100 |
| 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 | $5,673 |
| 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, Lft Family Foundation has awarded $84,703 in support to 32 organizations.
| Grant Recipient | Amount |
|---|---|
Wichita, KS PURPOSE: WELFARE GUARDIANSHIP SUPPLIES | $17,104 |
Wichita, KS PURPOSE: RELEGIOUS UNRESTRICTED PROGRAMMING | $13,000 |
Orlando, FL PURPOSE: RELIGIOUS WOMEN EMPOWERMENT | $6,000 |
TAGG OLESON PURPOSE: RENT ASSISTANCE | $5,380 |
TEEN CHALLENGE PURPOSE: SUPPORT ADDICTIONS REHABILITATION MINISTRY | $5,250 |
JAMIE YOUNG PURPOSE: RENT ASSISTANCE | $3,993 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
The Hagan Scholarship Foundation Columbia, MO | $259,194,852 | $64,132,818 |
The Cielo Foundation Boulder, CO | $91,518,762 | $7,665,188 |
Merle Chambers Fund Denver, CO | $66,462,880 | $7,349,081 |
Mutual Of Omaha Foundation Omaha, NE | $120,899,798 | $13,368,524 |
Claire M Hubbard Foundation Omaha, NE | $31,541,308 | $3,169,912 |
Maffei Foundation Denver, CO | $13,828,182 | $18,020,171 |
D F Dillon Foundation Lincoln, NE | $47,396,549 | $3,325,825 |
The Denver Health And Hospitals Foundation Denver, CO | $28,533,635 | $6,042,640 |
Dehaemers Fam Charitable Tr Overland Park, KS | $122,347,321 | $4,858,235 |
The Helmerich Trust Tulsa, OK | $102,632,790 | $13,260,619 |
World Wide Technology Foundation St Louis, MO | $15,800,629 | $11,017,439 |
Sturm Family Foundation Denver, CO | $102,941,130 | $16,700,881 |