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Ll Foundation For Youth

Learn about this cause: Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 825249343 ✦ Sherman oaks, CA ✦ Designated as a 501(c)(3)

Overview

What is Ll Foundation For Youth?

Ll Foundation for Youth is a nonprofit organization based in Sherman Oaks, California. Their primary goal is to support young people aged 13-26, particularly those with fewer advantages and limited resources, as they navigate the challenging transition into adulthood. The foundation grants funds to charities promoting education, medicine, science, and childcare, with a focus on health and well-being. Established for multiple public, educational, and charitable purposes, the foundation provides ongoing financial support to a variety of established nonprofits, emphasizing those that prioritize education, medicine, science, childcare, or the promotion of health and well-being, primarily for individuals under 26. The foundation may also offer a limited number of scholarships to help low-income families' children afford education at private primary, secondary schools, or higher education institutions.


Official website here: www.llfound.org

Is Ll Foundation For Youth legitimate?

Ll Foundation For Youth is a legitimate nonprofit organization registered as a 501(c)(3) entity. Ll Foundation For Youth 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.

Here are some key statistics you may want to consider:

Executive Compensation: $82,500
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here


Official website here: www.llfound.org

What is the mission statement of Ll Foundation For Youth?

The Ll Foundation for Youth was established with multiple public, educational, and charitable purposes. Its primary focus is to provide ongoing financial support to a variety of established nonprofit, tax-exempt public, charitable, and educational organizations. The foundation emphasizes and awards grants to charities that promote education, medicine, science, childcare, or the health and well-being of individuals primarily under the age of 26. Additionally, the foundation offers a limited number of scholarships to children from low-income families who cannot afford their education, enabling them to attend private primary or secondary schools or pursue higher education at colleges, universities, or trade schools of their choice. In essence, the foundation aims to support organizations and individuals in their educational, medical, and wellness journeys, especially those under 26 or in financially challenging situations.


Official website here: www.llfound.org

Who is the CEO of Ll Foundation For Youth?

Renate S Hochleitner is the President of Ll Foundation For Youth.


Official website here: www.llfound.org

What is the revenue of Ll Foundation For Youth?

Ll Foundation For Youth's revenue in 2022 was $711,686.


Official website here: www.llfound.org

Who are the executives of Ll Foundation For Youth and what are their salaries?

The average compensation at Ll Foundation For Youth during 2022 was $82,500. There are 1 employees at Ll Foundation For Youth.

Here are 6 key members and their salaries:

    Renate S Hochleitner (President) [Trustee/Director]
  • Compensation: $82,500
  • Related: $0
  • Other: $0

    • Sarina Kaye (Chief Financial Officer) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Charanjiv K Sidhu (Secretary) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Tamar Ekizian (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Meredith Flanaghan (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Dianne Satterlee (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0


  • Official website here: www.llfound.org

    Where can I find the form 990 for Ll Foundation For Youth?

    The Ll Foundation For Youth’s most recent form 990 was submitted in 2022 and can be accessed here


    Official website here: www.llfound.org

    Learn more at the official website: www.llfound.org

    Mission Statement of Ll Foundation For Youth

    The Ll Foundation for Youth, established with multiple public, educational, and charitable purposes, focuses on providing ongoing financial support to a variety of established nonprofit, tax-exempt public, charitable, and educational organizations. Its primary aim is to emphasize and award grants to charities that promote education, medicine, science, childcare, or the health and well-being of individuals primarily under the age of 26. In addition, the foundation may offer a limited number of scholarships to children from low-income families who lack the financial means to pay for their education, enabling them to attend a private primary or secondary school or receive higher education at a college, university, or trade school of their choice. In essence, the Ll Foundation for Youth is dedicated to improving the lives of young individuals by investing in educational and charitable organizations that promote their well-being and provide opportunities for higher education.

    Impact

    This information is meant to be a general summary of Ll Foundation For Youth. Please take the time to review official sources before making any decisions based upon the content provided here.




    Wednesday, July 24, 2024

    Ll Foundation For Youth's impact lies in awarding grants to charities that promote education, medicine, science, and childcare for the health and well-being of young people aged 13-26. By supporting programs and projects that provide extra assistance to youth with limited resources, the foundation helps them meet their medical, educational, and other needs to achieve their aspirations. Through partnerships with organizations that prioritize youth well-being, the foundation aims to ensure that young individuals feel seen, heard, and understood during their transition from youth to adulthood.





    Financials

    This financial information is from Propublica.

    Revenue
    Expenses
    Efficiency

    Other financial information:

    This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $711,686
  • Program Service Revenue: $0
  • Gross Receipts: $19,108,288

    • Assets and Liabilities:
  • Total Assets: $50,248,987
  • Total Liabilities: $1,010,000
  • Net Assets: $49,238,987
  • Organization Details

    Founding Year

    2018

    Principal Officer

    Renate S Hochleitner

    Main Address

    PO BOX 56629, SHERMAN OAKS, CA, 91413

    NTEE Category

    Code: T30 - Philanthropy

    If you are a representative of Ll Foundation For Youth and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.