Form 990 for tax year 2023
Filed by LDG & LPR CHARITABLE FOUNDATION.
Totals
- Total revenue
- $406,567
- Total expenses
- $2,167,438
- Contributions and grants received
- $164,200
- Grants paid
- $1,161,128
- Program service revenue
- $0
- Investment income
- $821,732
- Other revenue
- -$579,365
- Total assets, end of year
- $7,999,432
- Total liabilities, end of year
- $224
- Net assets or fund balances, end of year
- $7,999,208
- Program services expenses (Part IX)
- $1,164,111
- Management and general expenses
- $1,003,327
- Fundraising expenses
- $0
- Program service expenses (Part III)
- $1,164,111
Program services were 53.7% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.
Line items
Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.
Revenue
Part VIII, the statement of revenue.
-
1f · All other contributions, gifts and grants
$164,200
-
3 · Investment income
total $266,739 · related or exempt $266,739
-
4 · Income from investment of tax-exempt bond proceeds
total $0
-
5 · Royalties
total $0
-
6c · Rental income or loss
real property $0 · personal property $0
-
6d · Net rental income or loss
total $0
-
7a · Gross sales of assets other than inventory
securities $5,291,617 · other assets $347,754
-
7b · Less cost or other basis and sales expenses
securities $5,084,378
-
7c · Gain or loss
securities $207,239 · other assets $347,754
-
7d · Net gain or loss
total $554,993
-
8a · Fundraising events: gross income
$0
-
8b · Fundraising events: direct expenses
$0
-
8c · Net income from fundraising events
total $0
-
9a · Gaming: gross income
$0
-
9b · Gaming: direct expenses
$0
-
9c · Net income from gaming
total $0
-
10a · Gross sales of inventory
$0
-
10b · Cost of goods sold
$0
-
10c · Net income from sales of inventory
total $0
-
11a · Other revenue: K-1 INCOME KAIROS-FD SPV LP
total -$579,365 · related or exempt -$579,365
-
11e · Other revenue, total
-$579,365
Functional expenses
Part IX, the statement of functional expenses.
-
1 · Grants to domestic organizations and governments
total $800,753 · program services $800,753
-
2 · Grants to domestic individuals
total $31,025 · program services $31,025
-
3 · Grants to foreign organizations and individuals
total $329,350 · program services $329,350
-
4 · Benefits paid to or for members
total $0
-
5 · Compensation of officers, directors and key employees
total $373,333 · management and general $373,333
-
6 · Compensation of disqualified persons
total $0
-
7 · Other salaries and wages
total $122,402 · management and general $122,402
-
8 · Pension plan contributions
total $0
-
9 · Other employee benefits
total $0
-
10 · Payroll taxes
total $31,530 · management and general $31,530
-
11a · Fees: management
total $0
-
11b · Fees: legal
total $2,269 · management and general $2,269
-
11c · Fees: accounting
total $13,050 · management and general $13,050
-
11d · Fees: lobbying
total $0
-
11e · Fees: professional fundraising services
total $0
-
11f · Fees: investment management
total $0
-
11g · Fees: other
total $0
-
12 · Advertising and promotion
total $4,972 · management and general $4,972
-
13 · Office expenses
total $15,494 · management and general $15,494
-
14 · Information technology
total $0
-
15 · Royalties
total $0
-
16 · Occupancy
total $0
-
17 · Travel
total $69,596 · management and general $69,596
-
18 · Travel or entertainment for public officials
total $0
-
19 · Conferences, conventions and meetings
total $0
-
20 · Interest
total $6 · management and general $6
-
21 · Payments to affiliates
total $0
-
22 · Depreciation, depletion and amortization
total $2,983 · program services $2,983
-
23 · Insurance
total $0
-
24a · Other expenses: CONSULTING FEES
total $51,070 · management and general $51,070
-
24b · Other expenses: BANK FEES
total $33,781 · management and general $33,781
-
24c · Other expenses: FOREIGN TAX PAID
total $120,061 · management and general $120,061
-
24d · Other expenses: CONDUIT EXPENSES
total $7,420 · management and general $7,420
-
24e · All other expenses
total $158,343 · management and general $158,343
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $1,942,312 · end of year $2,549,016
-
2 · Savings and temporary cash investments
beginning of year $0 · end of year $0
-
3 · Pledges and grants receivable
beginning of year $0 · end of year $0
-
4 · Accounts receivable
beginning of year $0 · end of year $0
-
5 · Loans and receivables from officers and key people
beginning of year $0 · end of year $0
-
6 · Loans and receivables from disqualified persons
beginning of year $0 · end of year $0
-
7 · Other notes and loans receivable
beginning of year $0 · end of year $0
-
8 · Inventories for sale or use
beginning of year $0 · end of year $0
-
9 · Prepaid expenses and deferred charges
beginning of year $0 · end of year $0
-
10b · Land, buildings and equipment: accumulated depreciation
$0
-
10c · Land, buildings and equipment, net
beginning of year $0 · end of year $0
-
11 · Investments: publicly traded securities
beginning of year $3,427,181 · end of year $926,665
-
12 · Investments: other securities
beginning of year $1,803,946 · end of year $4,523,751
-
13 · Investments: program-related
beginning of year $0 · end of year $0
-
14 · Intangible assets
beginning of year $2,983 · end of year $0
-
15 · Other assets
beginning of year $0 · end of year $0
-
17 · Accounts payable and accrued expenses
beginning of year $0 · end of year $0
-
18 · Grants payable
beginning of year $0 · end of year $0
-
19 · Deferred revenue
beginning of year $0 · end of year $0
-
20 · Tax-exempt bond liabilities
beginning of year $0 · end of year $0
-
21 · Escrow or custodial account liability
beginning of year $0 · end of year $0
-
22 · Loans and payables to officers and key people
beginning of year $0 · end of year $0
-
23 · Secured mortgages and notes payable
beginning of year $0 · end of year $0
-
24 · Unsecured notes and loans payable
beginning of year $0 · end of year $0
-
25 · Other liabilities
beginning of year $15,553 · end of year $224
-
27 · Net assets without donor restrictions
beginning of year $1,423,239 · end of year $2,490,311
-
28 · Net assets with donor restrictions
beginning of year $5,737,630 · end of year $5,508,897
Mission and programs · 2023
Mission
THE MISSION OF THE FOUNDATION IS DRIVEN BY THE DESIRE TO PROVIDE A BETTER LIFE FOR ILL AND AT RISK CHILDREN, AND TO PROVIDE SUPPORT FOR SCHOLASTIC AND ARTS EDUCATION TO EXPAND THEIR LIFE CHOICES. THE SECOND FOCUS WILL BE SOCIAL SUPPORT FOR THE FAMILIES OF THESE AT RISK AND NEEDY CHILDREN, THE HOMELESS AND OTHER PEOPLE UNABLE TO HELP THEMSELVES FIND THE NECESSITIES TO LIFE.
Activities or mission (Part I)
THE MISSION OF THE FOUNDATION IS TO PROVIDE A BETTER LIFE FOR ILL AND AT RISK CHILDREN, SUPPORT SCHOLASTIC EDUCATION, AND PROVIDE SOCIAL SUPPORT FOR FAMILIES OF AT RISK CHILDREN
-
GRANTS TO MEDICAL FOUNDATIONS AND HOSPITALS TO FURTHER THEIR ABILITY TO HELP ILL CHILDREN AND THEIR FAMILIES.
Expenses $423,369 · Grants $423,369
-
SUPPORT FOR SCHOLASTIC AND ARTS EDUCATION TO EXPAND LIFE CHOICES.
Expenses $31,025 · Grants $31,025
-
SOCIAL SUPPORT FOR RISK AND NEEDY FAMILIES, CHILDREN, THE HOMELESS AND OTHER PEOPLE UNABLE TO HELP THEMSELVES FIND THE NECESSITIES TO LIFE.
Expenses $709,717 · Grants $706,734
As filed on the 2023 return. The filer continues this part on Schedule O, which is not shown here.
Listed in Part VII
-
Lawrence F DeGeorge
Chair and Director
- Total calculated
- $213,333
- From this org
- $213,333
- From related orgs
- $0
- Other
- $0
- Hours/week
- 1 + 1 related
Schedule J breakdown matched by us
- Base
- $213,333
- Bonus
- not reported
- Other
- not reported
- Deferred
- not reported
- Nontaxable benefits
- not reported
- Filer's total
- $213,333
-
Lorena Patricia Perozo Rocha
President, Treasurer, Director
- Total calculated
- $160,000
- From this org
- $160,000
- From related orgs
- $0
- Other
- $0
- Hours/week
- 1 + 1 related
Schedule J breakdown matched by us
- Base
- $160,000
- Bonus
- not reported
- Other
- not reported
- Deferred
- not reported
- Nontaxable benefits
- not reported
- Filer's total
- $160,000
-
Valentina Isabella MolinaVALENTINA ISABELLA MOLINA
Secretary and director
- Total calculated
- $0
- Hours/week
- 1 + 1 related
Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those. A Schedule J breakdown is as filed: base pay, bonus, other, deferred compensation and nontaxable benefits from this organization, with any from related organizations beside each, and the filer's own total. It is shown with the Part VII listing of the same name on the same return. The form gives no key between the two, so that pairing is ours, and is marked matched by us.
Schedule J
Answered yes
- 3 · Approval by the board or compensation committee
Answered no
- 4a · Severance or change-of-control payment
- 4b · Supplemental nonqualified retirement plan
- 4c · Equity-based compensation arrangement
- 5a · Pay contingent on this organization's revenues
- 5b · Pay contingent on a related organization's revenues
- 6a · Pay contingent on this organization's net earnings
- 6b · Pay contingent on a related organization's net earnings
- 7 · Other non-fixed payments
- 8 · Paid under the initial-contract exception
Part I's answers as filed. A line not listed was left unanswered; on lines 1a and 3 that means the box was not checked.
Grants on this return
-
$423,369
CHARITABLE
-
CHARITABLE
-
$50,000
CHARITABLE
-
$35,000
CHARITABLE
-
VARIOUS under 5000
$23,239
CHARITABLE
-
$10,000
CHARITABLE
-
$6,045
CHARITABLE
Provenance
- Return type
- form_990
- Tax year
- 2023
- Filed
- 15 November 2024
- IRS schema version
- 2023v6.0
- Source object
- 202530739349301203
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