Overview
What is L C Industries Foundation?
LC Industries Foundation is a charitable organization situated in Durham, North Carolina, with the mission to enhance the lives and well-being of visually impaired individuals. By providing grants to appropriate charitable organizations, the foundation supports its parent company, LC Industries, Inc. Their primary goal is to offer educational, training, and job-related skill opportunities to visually impaired individuals, aiming to improve their overall quality of life.
Is L C Industries Foundation legitimate?
L C Industries Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. L C Industries Foundation submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.
Heare are some key statistics you may want to consider:
Executive Compensation: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
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What is the mission statement of L C Industries Foundation?
The L C Industries Foundation's mission is centered around enhancing the lives and well-being of individuals who are blind. The foundation strives to accomplish this by providing them with opportunities for education, training, and skills development that are job-related. This mission is carried out by the foundation supporting charitable organizations that share this goal, in alignment with its parent organization, LC Industries, Inc.
What is the revenue of L C Industries Foundation?
L C Industries Foundation's revenue in 2024 was $1,925,410.
Who are the executives of L C Industries Foundation and what are their salaries?
There 2 volunteers at L C Industries Foundation.
Here are 4 key members and their salaries:
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $485,556
- Other: $0
- Compensation: $0
- Related: $868,163
- Other: $18,607
Where can I find the form 990 for L C Industries Foundation?
L C Industries Foundation's most recent form 990 was submitted in 2024 and can be accessed here.
Mission Statement of L C Industries Foundation
L C Industries Foundation is dedicated to enhancing the lives and well-being of individuals who are blind. The foundation's mission is multifaceted, aiming to offer these individuals opportunities for education, training, and job-related skills. By providing such resources, the foundation strives to empower these individuals and improve their overall quality of life.
In line with its mission, L C Industries Foundation supports charitable organizations that share its vision. The foundation accomplishes this by making grants to these organizations, thereby extending its reach and impact beyond its own capabilities. This collaborative approach allows the foundation to contribute significantly to the betterment of individuals who are blind, providing them with the tools and resources needed to lead fulfilling lives.
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Impact
October, 2024
L C Industries Foundation significantly enhances the lives and well-being of individuals who are blind by providing essential educational resources, training, and job-related skills. Through its strategic grants to charitable organizations, the foundation empowers these individuals to achieve greater independence and integration into the workforce. By supporting initiatives that focus on skill development and vocational training, the foundation plays a vital role in creating opportunities that lead to improved quality of life and increased employability for those affected by blindness. Based in Durham, NC, the foundation's commitment reflects a broader mission to uplift and support this community, ensuring they have the tools necessary to thrive.
This information is meant to be a general summary of L C Industries Foundation. Please take the time to review official sources before making any decisions based upon the content provided here.
Financials
This financial information is from Propublica.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2024.
- Investment Income: $1,849,705
- Gross Receipts: $3,599,705
Assets and Liabilities:
- Total Assets: $64,591,160
- Total Liabilities: $0
- Net Assets: $64,591,160
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Organization Details
Founding Year
2012
Principal Officer
John Janes
NTEE Category
Code: P86 - Human services
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