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

Where $100 goes at Lhs Foundation Inc

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

$65 Programs the work itself
$35 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 $65 for programs

$65
Lhs Foundation is a not-for profit organization that faithfully gathers, protects, invests, and disburses the gifts god's people share with the caring ministries of lutheran homes society as…
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.

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

Religion & Spirituality
$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.

See the full picture for LHS FOUNDATION INC

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