Lavert W Hoag Foundation
- Assets
- $2.9m
- Revenue
- $239.8k
- Investments
- $2.9m
- Employees
- 0
- Location
- Pueblo, CO
- Founding
- 09/1995
- Data as of
- 03/2023
- EIN
- 84-1310564
Organization Overview
Lavert W Hoag Foundation is located in Pueblo, CO. The organization was established in 1995. 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. Lavert W Hoag 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 03/2023, Lavert W Hoag Foundation generated $239.8k in total revenue. All expenses for the organization totaled $253.4k during the year ending 03/2023.
Since 2021, Lavert W Hoag Foundation has awarded 14 individual grants totaling $844,803. 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 |
|---|---|---|---|
Bob Wertz Pres / Dir | 4 | $0 | |
James Munch V/p / Dir | 1 | $0 | |
David B Shaw Sec/treas / Dir | 3 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $2,814 |
| Dividends & Interest | $143,957 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $93,032 |
| Capital Gain Net Income | $93,032 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $239,803 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $2,765 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $36 |
| Total operating and administrative expenses | $6,811 |
| Contributions, gifts, grants paid | $246,633 |
| Total expenses and disbursements | $253,444 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $8,418 |
| Savings and temporary cash investments | $14,137 |
| 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 | $443,359 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $2,880,315 |
| 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, Lavert W Hoag Foundation has awarded $246,633 in support to 6 organizations.
| Grant Recipient | Amount |
|---|---|
SENIOR RESOURCE DEVELOPMENT AGENCY PURPOSE: CAPITAL | $53,700 |
PCC FOUNDATION PURPOSE: OPERATING | $15,000 |
BOYS & GIRLS CLUB PURPOSE: OPERATING | $50,000 |
PUEBLO URBAN RENEWAL AUTHORITY PURPOSE: SCULPTURES & WALKWAYPROJECT | $116,433 |
CARE & SHARE OF SO COLO PURPOSE: OPERATING | $10,000 |
HUMANE SOCIETY OF PIKES PEAK REGION PURPOSE: OPERATING | $1,500 |