Laucks Foundation Inc
- Assets
- $254.8k
- Revenue
- $34.8k
- Investments
- $235.2k
- Employees
- 0
- Location
- Seattle, WA
- Founding
- 11/1969
- Data as of
- 12/2021
- EIN
- 95-2596850
Organization Overview
Laucks Foundation Inc is located in Seattle, WA. 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. Laucks Foundation Inc 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, Laucks Foundation Inc generated $34.8k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 6 years, the organization has seen revenues fall by an average of (11.0%) each year. All expenses for the organization totaled $37.8k during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (8.7%) per year over the past 6 years. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, Laucks Foundation Inc has awarded 34 individual grants totaling $151,000. 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
SCIENTIFIC RESEARCH IN THE PUBLIC INTEREST ON ATMOSPHERIC PROCESSES AND CLIMATE MODELS.
USED ICE CRYSTAL GROWTH CHAMBER TO SUPPORT SCIENTIFIC RESEARCH BY NATIONAL SCIENCE FOUNDATION, UNIVERSITY OF WASHINGTON AND OTHERS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Mary Laucks President/treasurer | 10 | $0 | |
Dwight Gee Secretary | 10 | $0 | |
Brian Swanson Vice President/director Of | 10 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $11,593 |
| Interest on Savings | $0 |
| Dividends & Interest | $14,717 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $8,538 |
| Capital Gain Net Income | $8,538 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $34,848 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $192 |
| Depreciation | $7,697 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $3,108 |
| Total operating and administrative expenses | $12,808 |
| Contributions, gifts, grants paid | $25,000 |
| Total expenses and disbursements | $37,808 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $2,159 |
| 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 | $17,419 |
| Other assets | $0 |
| Total assets | $254,752 |
| 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, Laucks Foundation Inc has awarded $25,000 in support to 5 organizations.
| Grant Recipient | Amount |
|---|---|
Kent, WA PURPOSE: HELPING REFUGEES AND IMMIGRANTS FIND WORTHWHILE JOBS IN THE FOOD INDUSTRY | $5,000 |
KATHOLISCHE KIRCHERGEMEINDE FAMILLENZENTRUM ST ANSGAR PURPOSE: INTERCULTURAL YOUTH PROGRAM - SERVICES FOR HELPING YOUTH ADJUST TO A NEW CULTURE | $5,000 |
REFUGEE RESETTLEMENT PURPOSE: HELP RESETTLING REFUGEES INTO THEIR NEW LIVES IN WASHINGTON STATE | $5,000 |
VICTORIA COOL AID SOCIETY PURPOSE: SUPPORT FOR REES PROGRAM - RESOURCES FOR EDUCATION AND EMPLOYMENT IN VICTORIA BC | $5,000 |
Ft Wayne, IN PURPOSE: FOR THE ROSE AVENUE FARM PROJECT FOR SPECIFIED PURCHASE | $5,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Stolte Family Foundation Seattle, WA | $78,833,189 | $10,332,086 |
The Robert P Rotella Foundation Bellevue, WA | $0 | $9,974 |
Cambia Health Foundation Portland, OR | $95,632,719 | $22,110,074 |
All Alaska Longshore Health And Welfare Trust Fund Portland, OR | $15,094,245 | $10,298,043 |
J R Simplot Foundation Inc Boise, ID | $241,362,659 | $7,582,149 |
Ken Birdwell Foundation Bellevue, WA | $76,202,815 | $4,458,349 |
Rose Foundation Vancouver, WA | $0 | $16,480 |
Apex Foundation Bellevue, WA | $126,367,624 | $451,103 |
Maybelle Clark Macdonald Fund Bend, OR | $136,588,963 | $11,503,848 |
Stewardship Foundation C D A B & W T Weyerhaeuser Ttees Tacoma, WA | $0 | $6,421,793 |
Laura Moore Cunningham Foundation Inc Boise, ID | $9,665,036 | $4,890,131 |
Bullitt Foundation Seattle, WA | $60,942,002 | $1,220,943 |