Lieutenants Benevolent Assoc
THE PURPOSES FOR WHICH THECORPORATION WAS FORMED ARE AS FOLLOWS: 1. TO ESTABLISH A SCHOLARSHIPFUND FOR WORTHY STUDENTS; 2. TO AID, ENCOURAGE, STIMULATE, FOSTER ANDPROMOTE ARTISTIC, CULTURAL AND EDUCATIONAL ACTIVITIES THROUGH GRANTS,BEQUESTS, GIFTS OR OTHERWISE TO INDIVIDUALS, GROUPS, INSTITUTIONS ANDORGANIZATIONS; 3. TO ACCEPT, HOLD, INVEST, REINVEST AND ADMINISTER ANYGIFTS, BEQUESTS, DEVISES, BENEFITS OF TRUSTS (BUT NOT TO ACT ASTRUSTEE), AND PROPERTY OF ANY SORT WITHOUT LIMITATION AS TO AMOUNT ORVALUE AND TO USE, DISBURSE OR DONATE THE INCOME OR PRINCIPAL THEREOFEXCLUSIVELY FOR CHARITABLE PURPOSES; 4. TO RAISE FUNDS AND SOLICITDONATIONS FROM INTERESTED INDIVIDUALS, CHARITABLE, EDUCATIONAL ANDSCIENTIFIC ORGANIZATIONS AND FOUNDATIONS, AND OTHER INTERESTEDORGANIZATIONS AND FOUNDATIONS, AGENCIES, INSTITUTIONS, ASSOCIATIONS ANDCORPORATIONS AND TO ADMINISTER AND EXPEND SUCH FUNDS IN FURTHERANCE OFTHE CORPORATE GOALS AND PURPOS
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Organization Overview
Grants Given by Year
Grants Received by Year
This organization also receives grants. See Funding Received below for details.
IRS Classification Codes
Organizations that enable students who demonstrate financial need to obtain the financial assistance they require to meet their educational and living expenses while in school.
The National Taxonomy of Exempt Entities (NTEE) code is a four digit code used to classify an exempt IRC 501(c)(3) organization.
Subsection Codes are the codes shown under section 501(c) of the Internal Revenue Code of 1986 which define the category under which an organization may be exempt.
Asset Codes relate to the amount of assets shown on the most recent Form 990 series return filed by the organization.
Affiliation Code defines the organizational grouping.
Deductibility Code signifies whether contributions made to an organization are deductible.
Supplemental Information (2021)
THE LBA CHARITABLE AND SCHOLARSHIP FUND PERMITS THE LBA TO ASSIST MEMBERS' ELIGIBLE DEPENDENTS TO RECEIVE AFFORDABLE EDUCATIONS AND ALLEVIATE SOME OF THE UNANTICIPATED FINANCIAL HARDSHIPS EXPERIENCED BY MEMBERS ENCUMBERED BY CATASTROPHIC EVENTS. YOUR DONATION WILL ENABLE US TO HELP CHILDREN ADVANCE IN THEIR EDUCATION AND ASSIST THOSE MEMBERS EXPERIENCING PERSONAL HARDSHIPS.
Source: IRS Form 990 Schedule I supplemental information.
Funding Received
Verified from IRS Form 990 Schedule I filings by this organization's funders - 1 grant from 1 funder, 2021.
| Funder | Year | Amount | Purpose |
|---|---|---|---|
| Vanguard Charitable Endowment Program | 2021 | $7K | FOR RECIPIENT'S EXEMPT PURPOSE |