Public Charity

LDF Nonprofit Foundation

LDF Nonprofit Foundation is a Public Charity headquartered in Laredo, TX. Financial data from the 2024 filing: $-11K revenue, $77K expenses. 1 publicly reported grants to this organization, totaling roughly $8K, appear in IRS filings.

EIN: 463093399 Laredo, TX Latest filing: 2024
Total Revenue$-11K
Total Expenses$77K
Grant Records1
Funding Total$8K
Filing Years2020–2024

Mission

The purpose of the Corporation is to stimulate economic development in the Laredo and surrounding areas, which will be accomplished by supporting business investment and growth through services offered by our Corporation, including support services, providing information and expertise of the local business environment, and other related services. The Corporation will offer and provide these services to businesses not local to the Laredo and surrounding areas, which are looking to invest in and relocate to our community, and to businesses already in our community looking and needing assistance to grow. The relocation of business to the Laredo and surrounding areas and/or the growth of local businesses will help accomplish the Corporation's charitable goals of improving an Economically Distressed Area by providing relief of community deterioration and relief of the poor and distressed through increased employment opportunities and increased per capita income by the business assisted.

Where $100 goes at LDF Nonprofit Foundation

How LDF Nonprofit Foundation divides every $100 it spends, from its own Form 990 filings, averaged across 7 years.

$90 Programs the work itself
$10 Management running the organization
$0 Fundraising none reported

No fundraising costs are reported. That often means fundraising runs through a separate affiliated organization that files its own return.

Inside the $90 for programs

$90
Promoting industry and opportunities for Laredo
All program spending
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Source: Form 990 filings with the IRS, latest fiscal year 2024. Shares are from the organization's reported expenses. Data by Imperigo; not affiliated with the IRS.

Sample Grants Received

2020
General Support
$7,570

Showing up to 5 of 1 total records — full history available with membership.

Officers & Directors

Board of Direct Alfonso Arguindegui
Board of Direct Ed Sherwood
Board of Direct Javier Garza
Treasurer Lupita R Canales
Vice President Nativido Lozano
President Rolando Ortiz

Officer compensation and complete director data available with membership.

Top Grant Purposes

General Support
$7,570 1 grant

Financial Trends

Year Revenue Expenses Assets
2024 $-11K $77K —
2023 $337K $390K $591K
2022 $331K $107K $648K
2021 $419K $235K $424K
2020 $121K $22K $244K

Between 2020 and 2024, reported annual revenue moved from $121K to $-11K.

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

See the full picture for LDF Nonprofit Foundation

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