The L B Research And Education Foundation
- Assets
- $32.6m
- Revenue
- -$35.1k
- Investments
- $0.0
- Employees
- 0
- Location
- Asheville, NC
- Founding
- 04/1999
- Data as of
- 12/2023
- EIN
- 95-4664361
Organization Overview
The L B Research And Education Foundation is located in Asheville, NC. The organization was established in 1999. 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. L B Research And Education Foundation is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
Since 2015, L B Research And Education Foundation has awarded 92 individual grants totaling $7,974,000. 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.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Constantine Athanasuleas Director | 0 | $0 | |
Mark Doherty Treasurer | 0 | $0 | |
Gia Buckberg Secretary | 0 | $0 | |
Nicole Buckberg President | 0 | $0 | |
Larry Meyer Director | 0 | $0 | |
Elyse Wyman Director | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $301,890 |
| Dividends & Interest | $590,773 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | -$927,718 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | -$35,055 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $82,545 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $36,736 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $18,115 |
| Printing and publications | $0 |
| Other expenses | $232,439 |
| Total operating and administrative expenses | $387,003 |
| Contributions, gifts, grants paid | $1,545,000 |
| Total expenses and disbursements | $1,932,003 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $32,607,471 |
| 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 | $32,607,471 |
| 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, The L B Research And Education Foundation has awarded $1,545,000 in support to 27 organizations.
| Grant Recipient | Amount |
|---|---|
AIRPORT MARINA COUNSELING SERVICE PURPOSE: GENERAL SUPPORT | $20,000 |
AVALON CARVER COMMUNITY CENTER PURPOSE: GENERAL SUPPORT | $35,000 |
BAY AREA VIDEO COALITION PURPOSE: GENERAL SUPPORT | $15,000 |
BENJAMIN FRANKLIN CUMMINGS INSTITUTE OF TECHNOLOGY PURPOSE: GENERAL SUPPORT | $35,000 |
BLALOCK FOUNDATION PURPOSE: GENERAL SUPPORT | $60,000 |
CALIFORNIA ACADEMY OF SCIENCES PURPOSE: GENERAL SUPPORT | $35,000 |