Public Charity

LHS FOUNDATION INC

LHS FOUNDATION INC is a Public Charity headquartered in TOLEDO, OH. Financial data from the 2024 filing: $1.4M revenue, $1.4M expenses, $21.2M total assets. IRS filings disclose 9 grants awarded by this foundation, totaling roughly $6.6M.

EIN: 341678593 TOLEDO, OH Federated Giving Programs NTEE: T70 Latest filing: 2024
Total Revenue$1.4M
Total Expenses$1.4M
Total Assets$21.2M
Grants Given9
Grant Total$6.6M
Filing Years2019–2024

Mission

THE PRIMARY EXEMPT PURPOSE OF LHS FOUNDATION IS TO PROVIDE FINANCIAL SUPPORT FOR THE CHARITABLE ACTIVITIES OF LUTHERAN HOMES SOCIETY, INC. AND ALL ITS SUBSIDIARIES. THE LHS FOUNDATION SOLICITS, RECEIVES AND INVESTS GIFTS OF MONEY AND PROPERTY AND ADMINISTERS AND DISBURSES THE SAME AND INCREMENTS THEREON FOR SUCH EXCLUSIVELY CHARITABLE USES. LUTHERAN HOMES SOCIETY, INC., THE PARENT CORPORATION OF LHS FOUNDATION, PROMOTES AND FACILITATES THE CHARITABLE, RELIGIOIUS, EDUCATIONAL, AND SCIENTIFIC PURPOSES FOR WHICH IT HAS RECEIVED TAX EXEMPTION, BY PROVIDING LHS FOUNDATION WITH BENEFITS AND SERVICES TO SUPPORT LHS FOUNDATION, INCLUDING BUT NOT LIMITED TO: PROVIDING EXECUTIVE MANAGEMENT IN TERMS OF SUPERVISION, STRATEGIC PLANNING, POLICY FORMULATION, AND ADVOCACY; ENGAGING IN ACTIVITIES INTENDED TO ASSIST LHS FOUNDATION DIRECTLY OR INDIRECTLY IN PROMOTING THE GENERAL HEALTH AND WELFARE OF COMMUNITIES IN WHICH IT OPERATES; PROMOTING MORE EFFICIENT UTILIZATION OF RESOURCES THROUGH THE EXERCISE

Officers & Directors

DIRECTOR Arlene Gerig
DIRECTOR Beth Charvat
DIRECTOR David Walkup
SECRETARY Ian Malhoit
VICE PRESIDE James Bingle
PRESIDENT Katrin Mcbroom

Officer compensation and complete director data available with membership.

Top Grant Purposes

MINISTRY SUPPORT
$6,621,157 9 grants

Financial Trends

Year Revenue Expenses Assets
2024 $1.4M $1.4M $21.2M
2023 $1.2M $914K $19.4M
2022 $576K $4.8M $17.3M
2020 $1.4M $848K $26.8M
2019 $1.1M $753K $24.0M

Between 2019 and 2024, reported annual revenue grew from $1.1M to $1.4M (+20%), with total assets most recently reported at $21.2M.

Interactive year-over-year charts and full filing details available with membership.

Grant Geography

Grants from this foundation were reported to recipients in OH.

OH

Full geographic grant map with state-by-state breakdown available with membership.

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