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Laub Foundation EIN 34-6526087 Form 990 (PDF) Claim this org

Laub Foundation FY2021 filing

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A private foundation based in Rocky River, OH. It reported about $244K in revenue for 2020. For fiscal year 2021 it reported $244K in revenue, $324K in expenses, and $4.2M in net assets.Pt I

Type
Private foundation / grantmaker · Nonprofit
Location
Rocky River, OH
Filings
6 on file (2020–2021)
Revenue
$244KFY2021
Expenses
$324K
Net assets
$4.2M
People
0
Filings
6
Updates
0
More identity details & actions ⌄
EIN  34-6526087 Private foundation / grantmaker Rocky River, OH
Form 990 (PDF)
You’re viewing the FY2021 filing — not the latest on file. See the latest (FY2025) →
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Size
$100K–1M
What they do
A private foundation based in Rocky River, OH. It reported about $244K in revenue for 2020.
Money in and out
$244K revenue, $324K expenses
Bottom line
—
Grants paid & assets · FY2021
Total revenue
$244K
Pt VIII · Ln 12
Total expenses
$324K
Pt IX · Ln 25
Net assets
$4.2M
Pt X · Ln 32
Revenue less expenses (Pt I · Ln 19): −$80K
Total assets
4.2M
deployed as grants and operations
Grants paid
242K
in FY2021
Grants made
58grants
total in period
Payout rate
6%
of assets (5% rule)

Who They Fund

Part XV · grants paid · 58 grants · $234K · 2024–2024
The Cleveland Institute of ArtOH · FY2024$6,000
Eleanor Gerson SchoolFY2024$4,500
Western Reserve AcademyOH · FY2024$4,500
Ursuline CollegeOH · FY2024$4,500
Urban Community SchoolOH · FY2024$4,500
Univeristy SchoolFY2024$4,500
St Joseph AcademyFY2024$4,500
St Ignatius High SchoolFY2024$4,500
St Edward High SchoolOH · FY2024$4,500
Phillips Exeter AcademyNH · FY2024$4,500
Oberlin CollegeOH · FY2024$4,500
NdclFY2024$4,500
The Musical Arts AssociationOH · FY2024$4,500
Magnificat High SchoolOH · FY2024$4,500
Lutheran West High SchoolFY2024$4,500
Lutheran East High SchoolFY2024$4,500
Lorain County Community College FoundationOH · FY2024$4,500
Lawrence SchoolOH · FY2024$4,500
See all 58 grants →

Grantmaking Profile

Patterns in foundation giving
Distinct granteesPart XV33
Average grantPart XV$4K
Median grantPart XV$4K
Largest grantPart XV$6K
Top cause focusNTEEColleges & Universities (31%)

Summary of the Filing

Part I · fiscal year 2021 · Form 990-PF
Revenue
$244K
FY2021▼ -15%
Expenses
$324K
FY2021▲ +1%
Total assets
$4.2M
FY2021▼ -2%
Total liabilities
$0
FY2021
Total revenue
$244K
Pt VIII · Ln 12
Total expenses
$324K
Pt IX · Ln 25
Net assets
$4.2M
Pt X · Ln 32
Total assetsPt II$4.2M

Identity & Classification

Form 990 Header · IRS Business Master File
Legal nameHdr · item CLaub Foundation
EINHdr · item D34-6526087
Principal addressHdr · item CRocky River, OH
WebsiteHdr · item Jnone reported
State of legal domicileHdr · item MOH
Exempt statusHdr · item I501(c)(3) · active
NTEE classificationIRS BMFNonprofit
Ruling yearIRS BMFFeb 1960

Governance & Policies

Part VI
Voting members of the governing bodyPt VI · Ln 1apending
Independent voting membersPt VI · Ln 1bpending
Conflict-of-interest policyPt VI · Ln 12a—
Whistleblower policyPt VI · Ln 13—
Document retention policyPt VI · Ln 14—
CEO/top-official compensation independently reviewedPt VI · Ln 15a—
Family or business relationships among officers/directorsPt VI · Ln 2—

Officers, Directors & Key Employees

Part VII, Section A · reportable compensation
Officers, directors & key employeesPt VII · Sec ANot reported
See Laub Foundation executive salaries →

Statement of Revenue

Part VIII
Investment income100%$244K
Total revenueLn 12$244K

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Grants & contributions paid $0.75 Operating & administrative $0.25
Grants & contributions paid75%$242K
Operating & administrative25%$81K
Total functional expensesLn 25$324K

Balance Sheet

Part X · end of year
CashLn 1$204K
Total assetsLn 16$4.2M
Total liabilitiesLn 26$0
Total net assetsLn 32$4.2M
Months of cash on handcomputed7.6

Financial Metrics

Form 990 · FY2021 · each ratio shown with the dollars behind it
Liquidity & Payout
Payout rate
Grants paid $0 · Total assets $4.2M
0%
Where the money comes from
Contribution dependence
Contributions & grants — · Total revenue $244K
—
Government reliance
not reported
Earned-income share
not reported
Investment reliance
Investment income $0 · Total revenue $244K
0%
Program self-sufficiency
not reported
Growth & trend
Revenue growth (YoY)
This year $244K · Prior year $286K
-15%
Net-asset trend (YoY)
End of year $4.2M · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $244K · Expenses $324K
-33%
Liabilities-to-Assets
Total liabilities — · Total assets $4.2M
—
Net-asset ratio
Net assets $4.2M · Total assets $4.2M
100%
People & payroll
Highest Reported Total Compensation
Individual — · Reported title — · Highest reported compensation — · Total expenses $324K
No individual compensation reported on this filing
Personnel share
not reported
Peer comparison

Same NTEE category, revenue band, and state where available. Descriptive — not a grade.

MetricThis orgPeer medianPercentile
Revenue growth -15%——

Straight from the Form 990 — descriptive, not an evaluation. A ratio is hidden when its base is zero or too small to be meaningful; the dollars are always shown.

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Filings & Schedule Manifest

Part IV
III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
FY2025 (Latest)$335K revenue · ⤓ 990 PDF
FY2024$131K revenue · ⤓ 990 PDF
FY2023$464K revenue · ⤓ 990 PDF
FY2022$243K revenue · ⤓ 990 PDF
FY2021$244K revenue · viewing · ⤓ 990 PDF
FY2020$286K revenue · ⤓ 990 PDF

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Sources

Every figure above is drawn from these filings
Form 990 e-file (XML) · FY2021IRS
Classification, formation year, addressIRS Business Master File
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