As LABC receives bequests, memorials, and donations, the LABC Foundation (LABCF) invests these funds. The funds generate income and appreciate in value which are re-invested. For the long-term, LABCF can provide support for the future needs and programs of the church by distributing funds generated from these investments.
Reported officers (all unpaid)
No paid executives reported in 2024. LAKESHORE AVENUE BAPTIST CHURCH FOUNDATION INC reported 9 unpaid officers and board members on its 990.
Revenue and expenses over time
LAKESHORE AVENUE BAPTIST CHURCH FOUNDATION INC reported revenue and expenses across 2 filing years.
Common questions about LAKESHORE AVENUE BAPTIST CHURCH FOUNDATION INC
What are LAKESHORE AVENUE BAPTIST CHURCH FOUNDATION INC's revenue and expenses?
In 2024, LAKESHORE AVENUE BAPTIST CHURCH FOUNDATION INC reported $33k in total revenue and $13k in total expenses on its IRS Form 990.
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