Ltr Private Foundation
The Ltr Private Foundation is a nonprofit organization recognized under the United States tax code. Despite not being included in the IRS's most recent list of tax-exempt organizations, it has been associated with various financial and governance activities filed through the Employer Identification Number 455555783.
Organization Details
- Type: Private Foundation. These are typically not-for-profit entities controlled by individuals, families, or businesses, and are organized under Section 501(c)(3) of the Internal Revenue Code for charitable, educational, religious, scientific, and literary purposes[3].
- Governance: The foundation is managed by a board of directors, which includes key employees and officers such as James P. Lisa Jr. (Director/Treasurer), Gene Taylor (Director/Secretary), and Rev. Cannon Philip J. Rapp (Director/President)[1].
- Filing History: The organization files an annual return with the IRS, specifically Form 990-PF, detailing its financial activities, governance, and charitable disbursements[2].
Financial Activities
- Compensation: Historical compensation data for key employees and officers have varied, with figures ranging from $2,000 to $6,500 annually for different directors[1].
- Liabilities: The foundation has reported zero liabilities in available financial data[1].
Operations
Private foundations like Ltr operate primarily by disbursing grants to support other charitable organizations. They are required to distribute a minimum of 5% of their average net assets annually for charitable purposes, which can include grants and certain administrative expenses[3]. However, specific details about the recipients of Ltr's grants or its annual distribution amounts are not readily available.
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455555783
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Unionville
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Unionville
Organisations from Ltr Private Foundation
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5. Amazon Center for Environmental Education Research Foundation
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As a family foundation our giving is directed to non-profit Christian organizations primarily benefit.
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