Lorenz Family Foundation Trust
- Assets
- $2.1m
- Revenue
- $406.7k
- Investments
- $2.0m
- Employees
- 0
- Location
- Portland, OR
- Founding
- 07/1999
- Data as of
- 12/2021
- EIN
- 93-1246599
Organization Overview
Lorenz Family Foundation Trust is located in Portland, OR. The organization was established in 1999. According to its NTEE Classification (T21) the organization is classified as: Corporate 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. Lorenz Family Foundation 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 12/2021, Lorenz Family Foundation Trust generated $406.7k in total revenue. This organization has experienced exceptional growth, as over the past 4 years, it has increased revenue by an average of 40.3% each year . All expenses for the organization totaled $168.6k during the year ending 12/2021. While expenses have increased by 34.2% per year over the past 4 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Since 2020, Lorenz Family Foundation Trust has awarded 19 individual grants totaling $244,000. 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
2021
Describe the Organization's Program Activity:
Part 3 - Line 4a
QUEEN OF PEACE CATHOLIC SCHOOL 4227 LANE OAK RD S SALEM, OR 97302 PROJECT: TRANSPORTATION ACQUISITION
UNIVERSITY OF SOUTH AFRICA (UNISA) WWW.UNISA.AC.ZA ADDRESS: MAIN CAMPUS: PRELLER STREET, MUCKLENEUK RIDGE, PRETORIA, SOUTH AFRICA CITY, STATE ZIP: PRETORIA, GAUTENG, 0002 TEL: (+27) 12 429 4023 PROJECT: PRACTICAL THEOLOGY IN THOLOGICAK EDUCATION IN SOUTH AFRICA
IMMANUEL LUTHERAN SCHOOL, 300 SOUTH PATHWAY CT, CRYSTAL LAKE, IL 60014 PROJECT: RESOURCE ENHANCEMENT FOR COVID RELATED ISSUES
LUTHERAN SCHOOL ASSN OF GREATER SEATTLE, 7040 36TH AVE NE, SEATTLE, WA 98115 PROJECT: ENHANCED PERSONALIZED MASTERY ACADEMIC PROGRAM
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Jonathan Lorenz Trustee | 2 | $0 | |
Karen Bethke Secretary/tr | 2 | $0 | |
Daniel Lorenz Chairman/tru | 4 | $0 | |
James Lorenz Trustee | 2 | $0 | |
Andrew Lorenz Treasurer/tr | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $100,482 |
| Interest on Savings | $17 |
| Dividends & Interest | $9,072 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $297,081 |
| Capital Gain Net Income | $297,081 |
| Net ST Capital Gain | $294,987 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $406,652 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $8,057 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $500 |
| Total operating and administrative expenses | $8,557 |
| Contributions, gifts, grants paid | $160,000 |
| Total expenses and disbursements | $168,557 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $80,504 |
| 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 | $0 |
| Other assets | $0 |
| Total assets | $2,057,641 |
| 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, Lorenz Family Foundation Trust has awarded $160,000 in support to 11 organizations.
| Grant Recipient | Amount |
|---|---|
QUEEN OF PEACE CATHOLIC SCHOOL PURPOSE: TRANSPORTATION ACQUISITION | $30,000 |
UNIVERSITY OF SOUTH AFRICA PURPOSE: THEOLOGICAL EDUCATION | $24,000 |
IMMANUEL LUTHERAN SCHOOL PURPOSE: RESOURCES COVID RELATED ISSUES | $20,000 |
OUR SAVIOUR LUTHERAN CHURCH PURPOSE: INFRASTRUCTURE IMPROVEMENTS | $15,000 |
LUTHERAN SCHOOL ASSN OF GREATER SEA PURPOSE: ACADEMIC PROGRAM | $15,000 |
Bronxville, NY PURPOSE: PROJECT: BUILDING THE BELOVED COMMU | $10,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Meyer Memorial Trust Portland, OR | $1,007,586,458 | $95,771,293 |
The California Wellness Foundation Los Angeles, CA | $1,249,668,748 | $96,883,603 |
Ford Family Foundation Roseburg, OR | $1,245,594,204 | $103,438,214 |
Visa Foundation San Francisco, CA | $452,119,857 | $75,228,376 |
Pisces Foundation San Francisco, CA | $36,685,219 | $40,456,155 |
Thrive Causemetics Foundation Bellevue, WA | $5,555,942 | $8,797,196 |
The Leonard And Sophie Davis Fund San Francisco, CA | $227,558,478 | $35,284,803 |
Micron Technology Foundation Inc Boise, ID | $125,043,825 | $15,658,941 |
Ray And Dagmar Dolby Family Fund San Francisco, CA | $0 | $8,022,175 |
Kalmanovitz Charitable Foundation Mill Valley, CA | $9,993,294 | $9,957,898 |
Fenwick Community Fund Mountain View, CA | $8,526,987 | $12,836,931 |
Colburn Music Fund Los Angeles, CA | $0 | $7,150,369 |