Lamb Foundation Irrv Trust
- Assets
- $1.2m
- Revenue
- $76.5k
- Investments
- $1.1m
- Employees
- 0
- Location
- Scottsdale, AZ
- Founding
- 01/2000
- Data as of
- 12/2022
- EIN
- 86-6285222
Organization Overview
Lamb Foundation Irrv Trust is located in Scottsdale, AZ. The organization was established in 2000. According to its NTEE Classification (B82) the organization is classified as: Scholarships & Student Financial Aid, under the broad grouping of Education and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Lamb Foundation Irrv Trust 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 Foundation Irrv Trust generated $76.5k in total revenue. This organization has experienced exceptional growth, as over the past 8 years, it has increased revenue by an average of 22.0% each year . All expenses for the organization totaled $21.7k during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, Lamb Foundation Irrv Trust has awarded 30 individual grants totaling $1,140,672. 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 |
|---|---|---|---|
Raymond A Lamb Trustee | 0 | $0 | |
M Christopher Evans Trustee | 0.5 | $0 | |
James A Herk Trustee | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $2 |
| Dividends & Interest | $30,810 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $45,451 |
| Capital Gain Net Income | $45,451 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $197 |
| Total Revenue | $76,460 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $344 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $4 |
| Total operating and administrative expenses | $17,158 |
| Contributions, gifts, grants paid | $4,500 |
| Total expenses and disbursements | $21,658 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $26,159 |
| 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 | $1 |
| Total assets | $1,171,737 |
| 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, Lamb Foundation Irrv Trust has awarded $4,500 in support to 3 organizations.
| Grant Recipient | Amount |
|---|---|
UNIVERSITY OF MINNESOTA PURPOSE: SUPPORTING SCHOLARSHIPS | $2,500 |
NATIONAL EATING DISORDERS ASSOCIATI PURPOSE: SUPPORT FOR EATING DISORDERS | $1,000 |
ACCESS UNBOUND PURPOSE: SUPPORT HANDICAP SKIING PROGRAM | $1,000 |