Public Charity

LUTHER BURBANK CORPORATION FOUNDATION

LUTHER BURBANK CORPORATION FOUNDATION is a private foundation categorized as Public Charity based in SANTA ROSA, CA. Its most recent IRS filing (2023) reports expenses of $759K. Imperigo tracks 64 reported grants from this foundation totaling approximately $1.7M.

EIN: 823293510 SANTA ROSA, CA Latest filing: 2023
Total Expenses$759K
Grants Given64
Grant Total$1.7M
Filing Years2019–2023

Mission

LUTHER BURBANK CORPORATION FOUNDATION (THE "FOUNDATION") IS A GRANT-MAKING, OPERATING PUBLIC CHARITY. THE BOARD OF DIRECTORS AND THE OFFICERS OF THE FOUNDATION DONATE MUCH OF THE NET INCOME EARNED BY THE FOUNDATION AND THE PRINCIPAL THEREOF AS THEY DEEM APPROPRIATE TO QUALIFY AS AN INTERNAL REVENUE CODE ("CODE") SECTION 501(C)(3) CHARITABLE ORGANIZATION. THE FOUNDATION'S ACTIVITIES PRIMARILY CONSIST OF MAKING GRANTS IN THREE HIGH PRIORITY AREAS: SOCIAL AND HUMAN SERVICES, COMMUNITY DEVELOPMENT AND EDUCATION TO FOSTER AND PROMOTE FINANCIAL ASSISTANCE INCLUDING OUTREACH AND EDUCATION TO THE GENERAL PUBLIC.

Sample Grants Given

SEATTLE, WA · 2023
FOR COMMUNITY NON-PROFITS
$152,564
LOS ANGELES, CA · 2023
HOMEBUYER ASSISTANCE
$80,000
SANTA ROSA, CA · 2023
WOMEN/CHILDREN SHELTER
$56,000
ORANGE, CA · 2023
HOMEBUYER ASSISTANCE
$51,000
SANTA ROSA, CA · 2023
FINANCIAL LITERACY PROGRAM
$30,000

Showing up to 5 of 64 total records — full history available with membership.

Officers & Directors

SECRETARY Greg Smith
DIRECTOR Kristen Wilbur
TREASURER/CEO Laura Tarantino
DIRECTOR (THROUGH JUNE 2023) Lois Baxter
DIRECTOR Mona Gail Baker
PRESIDENT AND CEO Simone Lagomarsino

Officer compensation and complete director data available with membership.

Top Grant Purposes

Financial and other support for residents of Sonoma County who have a child battling a life threatening illness
$195,000 1 grant
Homebuyer assistance
$160,000 4 grants
FOR COMMUNITY NON-PROFITS
$152,564 1 grant
HOMEBUYER ASSISTANCE
$141,000 3 grants
Support of programs that support financial literacy, workforce readiness and entrepreneurship education, specifically the Mobile Finance Park event in Santa Rosa.
$121,787 1 grant

Financial Trends

Year Revenue Expenses Assets
2023 $759K
2022 $284K $248K $759K
2021 $428K $311K $723K
2020 $423K $260K $606K
2019 $511K $403K $443K

Between 2019 and 2022, reported annual revenue declined from $511K to $284K (-44%).

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

Grant Geography

Grants from this foundation were reported to recipients in AZ, CA, WA.

AZCAWA

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

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