501(c)(3) charity; gifts are tax-deductible.
Status: IRS Pub. 78

Before you give

FY2021 · Form 990-PFIndependent: from IRS data, not the org
Download 990
IRS status
501(c)(3)
not on the IRS revocation list
Looks good: listed by the IRS and not on the revocation list.
IRS BMF · Auto-Revocation List
Tax-deductible gifts
Yes
Donations are tax-deductible
Looks good: the IRS lists gifts to it as deductible.
IRS Pub. 78 · IRS BMF
Latest return
FY2025
latest Form 990-PF
Looks good: the latest return is for FY2025, 1 tax year back; within 2 tax years.
IRS e-file · Filing history
Surplus or deficit
3 of 5
filings with a surplus
Average surplus $6K a year · 2% of revenue · last 5 filings
Worth a look: a surplus in 3 of the last 5 filings.
990-PF Pt I · 5 filings
3 mo
of spending, in cash
Fine: 2.9 months of spending in cash; 1 to 3.
Pt X · Ln 1–2 · Pt I · Ln 18
Liabilities
$0
0% of total assets
Looks good: liabilities are 0% of assets; 50% or less.
990-PF Pt II
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$238K
Spent
$224K
Net assets
$65K
By yearFY2021–FY2025
Revenue
$238K
FY2021
Tap a bar for its year
Revenue by fiscal year
FY2021$238K
FY2022$267K
FY2023$277K
FY2024$241K
FY2025$227K
Expenses
$224K
FY2021
Tap a bar for its year
Expenses by fiscal year
FY2021$224K
FY2022$233K
FY2023$277K
FY2024$242K
FY2025$245K
Net assets
$65K
FY2021
Tap a bar for its year
Net assets by fiscal year
FY2021$65K
FY2022$102K
FY2023$102K
FY2024$101K
FY2025$83K

From the FY2021 Form 990 (year ending July 2021) · see the original

990 PDF Claim
You’re viewing the FY2021 filing — not the latest on file. See the latest (FY2025) →

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2025. IRS ruling in Feb 2005.

IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File

Where the money goes

What each dollar paid for.

Grants & contributions paid 97% · $219K Operating & administrative 3% · $6K

Form 990 Part IX, line 25, columns B–D. Every line is in By the numbers.

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Who runs it and what they're paid

The filing lists no officers, directors or key staff.

See Lsb Foundation executive salaries →

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Programs and updates

A private foundation based in Reinbeck, IA.

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Provided by the organization

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Grants and how to apply

Who it funds, and how to ask.

Who They Fund

Part XV · grants paid · 130 grants · $239K · 2024–2024
Uni FoundationFY2024$10,000
Cedar Falls Housing Trust FundFY2024$7,500
Central Rivers Aea FoundationFY2024$7,298
Scholarship AmericaFY2024$7,164
Scholarship AmericaFY2024$5,657
The Iowa CenterFY2024$5,000
People Community Health Clinic INCFY2024$5,000
Individual RecipientFY2024$5,000
Iowa College FoundationFY2024$5,000
Hawkeye Community College FoundationFY2024$5,000
Greene Volunteer Fire DeptFY2024$5,000
City of TamaFY2024$5,000
Christian Community Development DBA House of HopeFY2024$5,000
Chic Behavioral Health and Community ServicesFY2024$5,000
Cedar Falls Community Schools FoundationFY2024$5,000
Americans for Independent LivingFY2024$5,000
Northeast Iowa Food BankFY2024$3,500
Individual RecipientFY2024$3,000
See all 130 grants →

Grantmaking Profile

Patterns in foundation giving
Average grantPart XV$2K
Median grantPart XV$1K
Largest grantPart XV$10K

By the numbers

The FY2021 990-PF, line by line.

1The main four
Money in
$238K
Gifts and grants$238K
Investment income$289
Money out
$224K
Grants paid$219K
Running costs$6K
Owns and owes
$65K
net assets
Cash and savings$54K
Total assets$65K
Liabilities$0
2In more detail
Revenue in detail
Gifts and grants$238K
Investment income$289
Total revenue$238K
Assets in detailEnd of year
Cash and savings together$54K
Total assets$65K
Liabilities$0
Net assets$65K
Operations
Fiscal year endsJuly

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2025 Latest $227K$245K−$18K$83K 990 PDF
FY2024 $241K$242K−$1K$101K 990 PDF
FY2023 $277K$277K$654$102K 990 PDF
FY2022 $267K$233K$35K$102K 990 PDF
FY2021 Viewing $238K$224K$14K$65K 990 PDF

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Schedules filed Part IV

III · Programs R · Related orgs G · Fundraising L · Interested persons

Form 990 e-file (XML) FY2021 from the IRS · Classification, formation year and address from the IRS Business Master File

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