Lawrence P Frank Foundation
- Assets
- $2.4m
- Revenue
- $102.2k
- Investments
- $2.4m
- Employees
- 0
- Location
- Porter Ranch, CA
- Founding
- 01/1995
- Data as of
- 12/2023
- EIN
- 95-6942139
Organization Overview
Lawrence P Frank Foundation is located in Porter Ranch, CA. The organization was established in 1995. According to its NTEE Classification (T22) the organization is classified as: Private Independent 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. Lawrence P Frank 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, Lawrence P Frank Foundation generated $102.2k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 5 years, the organization has seen revenues fall by an average of (4.9%) each year. All expenses for the organization totaled $283.0k during the year ending 12/2023. You can explore the organizations financials more deeply in the financial statements section below.
Since 2018, Lawrence P Frank Foundation has awarded 130 individual grants totaling $1,235,200. 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
2023
Describe the Organization's Program Activity:
Part 3 - Line 4a
DONATIONS DIRECTED TO HELPING THE NEEDS OF THE COMMUNITY
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Donald Hoffman President | 5 | $0 | |
Aubrey Grey Director | 5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $134,474 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | -$33,922 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $102,191 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $1,665 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $230 |
| Total operating and administrative expenses | $17,998 |
| Contributions, gifts, grants paid | $265,000 |
| Total expenses and disbursements | $282,998 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $34,078 |
| 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 | $50,000 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $2,425,162 |
| 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 | $475 |
| Total liabilities | $475 |
Grants Awarded
Over the last fiscal year, Lawrence P Frank Foundation has awarded $265,000 in support to 27 organizations.
| Grant Recipient | Amount |
|---|---|
GOOD SHEPHERD SHELTER PURPOSE: SUPPORT SERVICES FOR HOMELESS PERSONS | $1,000 |
HAVEN HILLS PURPOSE: SUPPORT FOR SHELTER FOR BATTERED WOMEN | $20,000 |
VENTURA COUNTY RESCUE MISSION PURPOSE: SUPPORT AND AID FOR HOMELESSNESS | $15,000 |
MEND PURPOSE: AID TO POVERTY STRICKEN FAMILIES | $10,000 |
HABITAT FOR HUMANITY PURPOSE: SUPPORT FOR LOW INCOME HOUSING | $15,000 |
FAMILY RESCUE CENTER PURPOSE: AID TO ALLEVIATE DOMESTIC VIOLENCE | $10,000 |