GREENVILLE, SC
Lb Foundation
Quick Facts
- EIN
- 843411455
- Location
- GREENVILLE, SC
- Category
- Philanthropy & Grantmaking
- Total Assets
- $67.1M
- Annual Income
- $19.8M
- IRS Ruling Year
- 2019
About This Foundation
Lb Foundation is a private foundation based in GREENVILLE, SC. The foundation received its IRS ruling in 2019. It holds total assets of $67.1M. Annual income is reported at $19.8M. The foundation operates in the area of philanthropy & grantmaking.
View 990 FilingsFinancial Overview
Total Giving
$1.6M
2023+268%
Total Assets
$67.3M
2023+2%
Fair Market Value
$70M
2023
Net Worth
$67.3M
2023
Grants Paid
$1.1M
2023
Contributions
$228K
2023
Net Investment Income
$2.1M
2023
Distribution Amount
$3.3M
2023
Total Giving by Year
$20K
19$85K
20$81K
21$435K
22$1.6M
23Asset Growth
$1M
19$2.9M
20$2.8M
21$66.2M
22$67.3M
23Investment Portfolio (2023)
Total: $55.7M
Corporate Stock: $14M
Corporate Bonds: $13.1M
Government Obligations: $28.7M
Cash: $77K
Corporate Stock (25%)
Corporate Bonds (23%)
Government Obligations (51%)
Cash (0%)
Expense Breakdown (2023)
Grants Paid$1.1M
Officer Compensation$138K
Accounting Fees$25K
Pension & Benefits$10K
Occupancy$2K
Legal Fees$400
Travel & Conferences$128
Revenue Sources (2023)
- Interest
- $1.3M
- Dividends
- $1.1M
- Contributions
- $228K
- Capital Gains (Net)
- $42K
Financial Details (2023)
- Total Revenue
- $2.7M
- Total Expenses
- $1.6M
- Exempt Purpose Expenses
- $1.6M
- Required Distribution
- $3.3M
- Undistributed Income
- $2.5M
- Total Liabilities
- $1
- Excise Tax
- $30K
- Tax Due
- $22K
Foundation Classification (2023)
Operating FoundationGrants to IndividualsNon-Charity GrantsLobbying ActivityExcess Business Holdings
990-PF Filings
| Tax Period | Return Type | View |
|---|---|---|
| 2023-12 | 990PF | View Filing |
| 2022-12 | 990PF | View Filing |
| 2021-12 | 990PF | View Filing |
| 2020-12 | 990PF | View Filing |
Filings sourced from IRS e-file index. View all on ProPublica
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