Vance Foundation
- Assets
- $1.5m
- Revenue
- $154.4k
- Investments
- $1.3m
- Employees
- 0
- Location
- Tucson, AZ
- Founding
- 08/1969
- Data as of
- 12/2023
- EIN
- 86-6043169
Organization Overview
Vance Foundation is located in Tucson, AZ. The organization was established in 1969. 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. Vance 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 12/2023, Vance Foundation generated $154.4k in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 6.8% each year. All expenses for the organization totaled $59.8k during the year ending 12/2023. You can explore the organizations financials more deeply in the financial statements section below.
Since 2016, Vance Foundation has awarded 43 individual grants totaling $514,700. 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 |
|---|---|---|---|
Linda Lohse President | 1 | $1,771 | |
Jennifer Lohse Vice-President | 1 | $1,788 | |
Robert Lohse Secretary/treasurer | 1 | $0 | |
Patricia Lohse Not On Board Chief Financial Officer | 1 | $1,788 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $9 |
| Dividends & Interest | $92,309 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $62,110 |
| Capital Gain Net Income | $62,110 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $154,428 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $5,347 |
| Other employee salaries and wages | $887 |
| Pension plans, employee benefits | $847 |
| Interest | $0 |
| Taxes | $901 |
| Depreciation | $537 |
| Occupancy | $319 |
| Travel, conferences, and meetings | $11 |
| Printing and publications | $106 |
| Other expenses | $1,062 |
| Total operating and administrative expenses | $12,782 |
| Contributions, gifts, grants paid | $47,000 |
| Total expenses and disbursements | $59,782 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $123,104 |
| 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 | $5,859 |
| Other assets | $451 |
| Total assets | $1,473,486 |
| 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, Vance Foundation has awarded $47,000 in support to 3 organizations.
| Grant Recipient | Amount |
|---|---|
TRUE CONCORD VOICES & ORCHESTRA PURPOSE: PBS UNDERWRITING | $10,000 |
EL RIO FOUNDATION PURPOSE: REPRODUCTIVE HEALTH ACCESS PROJECT | $25,000 |
UNITED WAY OF TUCSON & SOUTHERN AZ PURPOSE: LEADERSHIP ACCELERATOR TRAINING | $12,000 |