Frank I Lamb Foundation

IRS exemption revoked

Pueblo, COPrivate foundation / grantmakerEIN 23-7273548Revenue $154K in FY2022

On file with the IRS37 Calle Del Sol · Pueblo, CO

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FY2022 · Form 990-PFIndependent: from IRS data, not the org
Download 990
IRS status
Revoked
IRS exemption revoked
Concern: the IRS revoked its tax exemption.
IRS Auto-Revocation List
Latest return
FY2022
latest Form 990-PF
Worth a look: the latest return is for FY2022, 4 tax years back; more than 3 tax years.
IRS e-file · Filing history
Surplus or deficit
2 of 2
filings with a surplus
Average surplus $25K a year · 16% of revenue · last 2 filings
Looks good: a surplus in 2 of the last 2 filings.
990-PF Pt I · 2 filings
Cash reserves
7 mo
of spending, in cash
Looks good: 7.0 months of spending in cash; 3 or more.
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
$154K
-4% vs prior year
Spent
$132K
Net assets
$1.6M
By yearFY2021–FY2022
Revenue
$154K
FY2022▼ -4%
Tap a bar for its year
Revenue by fiscal year
FY2021$161K
FY2022$154K
Expenses
$132K
FY2022▼ -0.7%
Tap a bar for its year
Expenses by fiscal year
FY2021$133K
FY2022$132K
Net assets
$1.6M
FY2022▲ +1%
Tap a bar for its year
Net assets by fiscal year
FY2021$1.6M
FY2022$1.6M

From the FY2022 Form 990 (year ending September 2022) · see the original

Form 990 (PDF) Claim
IRS revoked this organization's tax-exempt status on February 15, 2026

Is it real?

No. The IRS revoked its tax exemption. Latest filing on record: FY2022.

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

Where the money goes

What each dollar paid for.

Grants & contributions paid 81% · $106K Operating & administrative 19% · $25K

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

3 people listed on the 990-PF.

Part VII, Section A · reportable compensation · most recent filed roster (FY2021); the FY2022 filing did not itemize Part VII
President
$0Pt VII · Sec A
Vice Preside
$0Pt VII · Sec A
Sec-Treas
$0Pt VII · Sec A
See Frank I Lamb Foundation executive salaries →

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Programs and updates

A private foundation based in Pueblo, CO.

Questions for Frank I Lamb Foundation

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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 · 6 grants · $106K · 2021–2021
Pueblo Library DistrictFY2021$30,000
Sangre De Cristo Community CareFY2021$25,000
Csu Pueblo FoundationFY2021$20,000
Sangre De Cristo Arts & Conf CenterFY2021$20,000

Grantmaking Profile

Patterns in foundation giving
Distinct granteesPart XV2
Average grantPart XV$18K
Median grantPart XV$20K
Largest grantPart XV$30K
Top cause focusNTEEAnimals (17%)

By the numbers

The FY2022 990-PF, line by line.

1The main four
Money in
$154K
Investment income$154K
Money out
$132K
Grants paid$106K
Running costs$25K
Owns and owes
$1.6M
net assets
Cash and savings$77K
Total assets$1.6M
Liabilities$0
People
3
listed
Paid0
2In more detail
Revenue in detail
Investment income$154K
Total revenue$154K
Assets in detailEnd of year
Cash and savings together$77K
Total assets$1.6M
Liabilities$0
Net assets$1.6M
Operations
Fiscal year endsSeptember

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2022 Latest Viewing $154K$132K$22K$1.6M 990 PDF
FY2021 $161K$133K$28K$1.6M 990 PDF

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Schedules filed Part IV

III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash

Form 990 e-file (XML) FY2022 from the IRS · Classification, formation year and address from the IRS Business Master File

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