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Marybeth M Lamb Foundation Inc. is a private corporation based in RENO, NV. The foundation received its IRS ruling in 2003. The principal officer is Robert L Sims&Steven F Petersen. It holds total assets of $950K. Annual income is reported at $157K. Total assets have decreased from $2M in 2011 to $1M in 2023. The foundation is governed by 2 officers and trustees. N/a - the activities of the foundation are limited solely to grant making. Tax records are available from 2021 to 2024. Grantmaking is concentrated in Nevada. According to available records, Marybeth M Lamb Foundation Inc. has made 24 grants totaling $257K, with a median grant of $10K. The foundation has distributed between $80K and $93K annually from 2021 to 2023. Individual grants have ranged from $5K to $25K, with an average award of $11K. The foundation has supported 11 unique organizations. Grant recipients are concentrated in Nevada. Contributions to this foundation are tax-deductible.
Smallest Grant
$5K
Median Grant
$10K
Average Grant
$11K
Largest Grant
$25K
Based on 7 grants from the most recent 990-PF filing.
N/a - the activities of the foundation are limited solely to grant making
N/a - the activities of the foundation are limited solely to grant making. Based on available records, the foundation has funded 24 grants. Its grantmaking reaches organizations primarily in NV.
Marybeth M Lamb Foundation Inc. has distributed a total of $257K across 24 grants. The median grant size is $10K, with an average of $11K. Individual grants have ranged from $5K to $25K.
The application deadline is APPLICATIONS FOR GRANTS ARE ACCEPTED THROUGHOUT THE YEAR.. Unless initiated by the officers, nevada is the only geographic area served.
Marybeth M Lamb Foundation Inc. is headquartered in RENO, NV.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Steven Petersen | PRESIDENT | $38K | $0 | $38K |
| Gayle Petersen | SECRETARY | $16K | $0 | $16K |
Total Giving
$188K
Total Assets
$1M
Fair Market Value
$2M
Net Worth
$1M
Grants Paid
$75K
Contributions
N/A
Net Investment Income
$45K
Distribution Amount
$98K
Total: $179K
Total Grants
24
Total Giving
$257K
Average Grant
$11K
Median Grant
$10K
Unique Recipients
11
Most Common Grant
$10K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Big Brothers Big SistersGENERAL SUPPORT | Reno, NV | $5K | 2023 |
| Boys & Girls Club Mason ValleyGENERAL SUPPORT | Yerington, NV | $25K | 2023 |
| Jimmy Olivias Athletic FoundationGENERAL SUPPORT | Reno, NV | $15K | 2023 |
| Canine Rehabilitation Center SanctuaryGENERAL SUPPORT | Washoe Valley, NV | $10K | 2023 |
| Moms On The RunGENERAL SUPPORT | Reno, NV | $10K | 2023 |
| Boys & Girls Club Truckee MeadowsGENERAL SUPPORT | Reno, NV | $10K | 2023 |
| The First Tee Northern NevadaGENERAL SUPPORT | Reno, NV | $8K | 2023 |
| Care Chest Of NevadaGENERAL SUPPORT | Reno, NV | $5K | 2023 |
| Food Bank Ofd Northern NevadaGENERAL SUPPORT | Sparks, NV | $5K | 2023 |
| Boy Scouts Of America Nevada AreaGENERAL SUPPORT | Reno, NV | $5K | 2022 |
| Food Bank Of Northern NevadaGENERAL SUPPORT | Sparks, NV | $5K | 2021 |