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Nonprofiteer
← THE LAZ CHARITABLE FOUNDATION

Form 990 for tax year 2025

Filed by THE LAZ CHARITABLE FOUNDATION.

Totals

Total revenue
$1,703,933
Total expenses
$1,108,418
Contributions and grants received
$1,043,837
Grants paid
$726,296
Program service revenue
$0
Investment income
$145,263
Other revenue
$514,833
Total assets, end of year
$1,044,843
Total liabilities, end of year
$79,196
Net assets or fund balances, end of year
$965,647
Program services expenses (Part IX)
$911,188
Management and general expenses
$171,115
Fundraising expenses
$26,115
Program service expenses (Part III)
$911,188

Program services were 82.2% 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

    $1,043,837

  • 3 · Investment income

    total $24,700 · related or exempt $24,700

  • 7a · Gross sales of assets other than inventory

    securities $752,196 · other assets $7,053

  • 7b · Less cost or other basis and sales expenses

    securities $638,686

  • 7c · Gain or loss

    securities $113,510 · other assets $7,053

  • 7d · Net gain or loss

    total $120,563 · related or exempt $120,563

  • 8a · Fundraising events: gross income

    $708,069

  • 8b · Fundraising events: direct expenses

    $219,736

  • 8c · Net income from fundraising events

    total $488,333

  • 11a · Other revenue: REIMBURSEMENT

    total $17,750 · related or exempt $17,750

  • 11b · Other revenue: BOARD ROOM RENTAL

    total $8,750 · related or exempt $8,750

  • 11e · Other revenue, total

    $26,500

Functional expenses

Part IX, the statement of functional expenses.

  • 1 · Grants to domestic organizations and governments

    total $689,232 · program services $689,232

  • 2 · Grants to domestic individuals

    total $17,064 · program services $17,064

  • 3 · Grants to foreign organizations and individuals

    total $20,000 · program services $20,000

  • 11b · Fees: legal

    total $7,772 · management and general $7,772

  • 11c · Fees: accounting

    total $11,500 · management and general $11,500

  • 12 · Advertising and promotion

    total $23,529 · management and general $23,529

  • 13 · Office expenses

    total $9,642 · management and general $9,642

  • 17 · Travel

    total $8,850 · fundraising $8,850

  • 23 · Insurance

    total $2,097 · management and general $2,097

  • 24a · Other expenses: VARIOUS DONATIONS <5000

    total $184,892 · program services $184,892

  • 24b · Other expenses: OUTSIDE SERVICES

    total $116,575 · management and general $116,575

  • 24c · Other expenses: BANK AND CREDIT CARD FEES

    total $16,325 · fundraising $16,325

  • 24d · Other expenses: PRIZES

    total $940 · fundraising $940

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $537,967 · end of year $196,612

  • 4 · Accounts receivable

    beginning of year $16,550 · end of year $36,750

  • 9 · Prepaid expenses and deferred charges

    beginning of year $1,000 · end of year $1,000

  • 11 · Investments: publicly traded securities

    end of year $810,481

  • 17 · Accounts payable and accrued expenses

    beginning of year $145,505 · end of year $29,463

  • 18 · Grants payable

    end of year $39,733

  • 19 · Deferred revenue

    end of year $10,000

  • 27 · Net assets without donor restrictions

    beginning of year $410,012 · end of year $420,896

  • 28 · Net assets with donor restrictions

    end of year $544,751

Mission and programs · 2025

Mission

TO BRING HOPE AND OPPORTUNITY TO UNDERSERVED COMMUNITIES BY SUPPORTING SOLUTIONS TO HOUSING, EDUCATION, FOOD INSECURITY, MENTAL HEALTH AND CAREER ADVANCEMENT.

  • TO CONTRIBUTE FINANCIAL RESOURCES TO CHARITABLE ORGANIZATIONS

    Expenses $911,188 · Grants $726,296

As filed on the 2025 return.

Listed in Part VII

  • Michael Harth

    PRESIDENT

    Total calculated
    $0
    Hours/week
    2

  • Jeffrey Karp

    SECRETARY

    Total calculated
    $0
    Hours/week
    1

  • Michael J Kuziak

    TREASURER

    Total calculated
    $0
    Hours/week
    2

  • Alan B Lazowski

    VICE PRESIDE

    Total calculated
    $0
    Hours/week
    1

  • Ralph Caldin

    EXECUTIVE DI

    Total calculated
    $0
    Hours/week
    40

  • Glenn Terk

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

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.

Grants on this return

The 10 largest by cash amount. The API serves every itemized grant.

Provenance

Return type
form_990
Tax year
2025
Filed
14 May 2026
IRS schema version
2025v4.0
Source object
202601349349303265

Check it against the return as filed: the GivingTuesday Data Lake hosts a public copy of the original XML.

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