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Lhs Foundation

EIN 34-1678593 · Toledo, OH

Public records show a registered, tax-exempt organization in good standing.

LegitimacyPassesRegistration and standingFinancial healthGood82 out of 100GovernanceStrong100 out of 100Impact evidenceDescribes programsHow well its results are evidenced

What it says it does

THE PRIMARY EXEMPT PURPOSE OF LHS FOUNDATION IS TO PROVIDE FINANCIAL SUPPORT FOR THE CHARITABLE ACTIVITIES OF LUTHERAN HOMES SOCIETY, INC. AND ALL ITS SUBSIDIARIES. THE LHS FOUNDATION SOLICITS, RECEIVES AND INVESTS GIFTS OF MONEY AND PROPERTY AND ADMINISTERS AND DISBURSES THE SAME AND INCREMENTS THEREON FOR SUCH EXCLUSIVELY CHARITABLE USES. LUTHERAN HOMES SOCIETY, INC., THE PARENT CORPORATION OF LHS FOUNDATION, PROMOTES AND FACILITATES THE CHARITABLE, RELIGIOIUS, EDUCATIONAL, AND SCIENTIFIC PURPOSES FOR WHICH IT HAS RECEIVED TAX EXEMPTION, BY PROVIDING LHS FOUNDATION WITH BENEFITS AND SERVICES TO SUPPORT LHS FOUNDATION, INCLUDING BUT NOT LIMITED TO: PROVIDING EXECUTIVE MANAGEMENT IN TERMS OF SUPERVISION, STRATEGIC PLANNING, POLICY FORMULATION, AND ADVOCACY; ENGAGING IN ACTIVITIES INTENDED TO ASSIST LHS FOUNDATION DIRECTLY OR INDIRECTLY IN PROMOTING THE GENERAL HEALTH AND WELFARE OF COMMUNITIES IN WHICH IT OPERATES; PROMOTING MORE EFFICIENT UTILIZATION OF RESOURCES THROUGH THE EXERCISE

Income
$1.4 million
Spending
$1.4 million
Spent on programs
56%
Reserves
107.4 months of spending
Largest source of income
investment income, 64%
Employees
0
Volunteers
18
Highest pay
$421,367, asst. sec. /

Source: Form 990 for the year ending December 31, 2024, filed with the Internal Revenue Service. Rating method 2026.2. How we rate

Financial health

Good: 82 out of 100. Higher than 47% of charities in its peer group (philanthropy, $1m to $10m).

  • Reserves

    35 of 35

    Spendable reserves would cover 107.4 months of spending.

  • Debt

    20 of 20

    It owes 8% of what it owns.

  • Living within its means

    4 of 15

    Spending exceeded income by 7% of income.

  • Income trend

    15 of 15

    Income rose 11% on the year before.

  • Spending floor

    8 of 15

    56% of spending went to programs and raising each dollar of donations cost 0 cents.

Source: Form 990 for the year ending December 31, 2024, filed with the Internal Revenue Service. Rating method 2026.2. How we rate

Governance

Strong: 100 out of 100. Higher than 65% of charities in its peer group (philanthropy, $1m to $10m).

  • Independent board

    25 of 25

    12 of 14 voting board members are independent.

  • Conflict of interest policy

    15 of 15

    Has a written conflict of interest policy.

  • Whistleblower policy

    8 of 8

    Has a written whistleblower policy.

  • Record keeping policy

    7 of 7

    Has a written policy on keeping and destroying records.

  • Board minutes

    5 of 5

    Keeps minutes of board meetings.

  • Board sees the tax return

    10 of 10

    Gave the board a copy of this return before filing it.

  • Pay set independently

    5 of 5

    Sets its chief executive's pay through independent review and comparison.

  • Independent check of accounts

    15 of 15

    Its accounts were audited by an independent accountant.

  • No reported misuse

    10 of 10

    Reports no diversion of assets, excess benefits or loans to insiders.

Source: Form 990 for the year ending December 31, 2024, filed with the Internal Revenue Service. Rating method 2026.2. How we rate

Impact evidence

Describes programs. Its tax return describes what it does but we have found no measurable results in it.

Programs described in its return (1)
  1. $809,292 spent. LHS FOUNDATION IS A NOT-FOR PROFIT ORGANIZATION THAT FAITHFULLY GATHERS, PROTECTS, INVESTS, AND DISBURSES THE GIFTS GOD'S PEOPLE SHARE WITH THE CARING MINISTRIES OF LUTHERAN HOMES SOCIETY AS THEY PROVIDE RESIDENTIAL CARE AND SUPPORTIVE SERVICES FOR YOUTH AND ELDERLY. AS A FAITH-BASED PROVIDER OF SUCH SERVICE, LHS FOUNDATION CONTINUES TO HONOR ITS MISSION TO EXTEND ITS SERVICES TO THE VULNERABLE OF OUR POPULATION, SPECIFICALLY YOUTH AND ELDERLY. WE DEMONSTRATE BEHAVIORS REFLECTING OUR CORE VALUES OF FAITHFULNESS TO CHRIST, EQUALITY AND JUSTICE, WHOLENESS OF LIFE, INTEGRITY, QUALITY OF SERVICE, AND STEWARDSHIP OF RESOURCES. (SEE SCHEDULE O FOR ADDITIONAL INFO) LHS FOUNDATION OVERVIEW: LHS FOUNDATION PROVIDES THE FUND RAISING MECHANISM FOR THE MINISTRIES OF LUTHERAN HOMES SOCIETY TO SERVE YOUTH AND ELDERLY IN NORTHWESTERN OHIO AND SOUTHEASTERN MICHIGAN IN VARIOUS SETTINGS. IN 2022, THE ACTIVE DONOR LIST WAS 389 DONORS. THE DONATIONS PROVIDED BY THESE DONORS HELPED TO SUPPORT OUR MINISTRIES TO YOUTH AND ELDERS. LHS FOUNDATION, AS PART OF THE MINISTRY OF LUTHERAN HOMES SOCIETY, HAS ALWAYS BEEN AN EXEMPLARY PROVIDER OF SUPPORT TO OUR MINISTRIES AS THEY OFFER COMPASSIONATE, QUALITY CARE TO THOSE WE SERVE, BUT WE ARE ALSO COMMITTED TO IMPROVING AND CONTRIBUTING TO THE COMMUNITIES IN WHICH WE LIVE AND WORK. IN ADDITION TO THE RESIDENTS AND CLIENTS SERVED DIRECTLY, A WIDE VARIETY OF BROAD COMMUNITY SUPPORT ACTIVITIES CONTRIBUTE TO THE ACCOMPLISHMENT OF LHS FOUNDATION'S TAX-EXEMPT PURPOSE. LHS FOUNDATION IS A NOT-FOR PROFIT ORGANIZATION THAT FAITHFULLY GATHERS, PROTECTS, INVESTS, AND DISBURSES THE GIFTS GOD'S PEOPLE SHARE WITH THE CARING MINISTRIES OF LUTHERAN HOMES SOCIETY AS THEY PROVIDE RESIDENTIAL CARE AND SUPPORTIVE SERVICES FOR YOUTH AND ELDERLY. AS A FAITH-BASED PROVIDER OF SUCH SERVICE, LHS FOUNDATION CONTINUES TO HONOR ITS MISSION TO EXTEND ITS SERVICES TO THE VULNERABLE OF OUR POPULATION, SPECIFICALLY YOUTH AND ELDERLY. WE DEMONSTRATE BEHAVIORS REFLECTING OUR CORE VALUES OF FAITHFULNESS TO CHRIST, EQUALITY AND JUSTICE, WHOLENESS OF LIFE, INTEGRITY, QUALITY OF SERVICE, AND STEWARDSHIP OF RESOURCES. (SEE SCHEDULE O FOR ADDITIONAL INFO) LHS FOUNDATION OVERVIEW: LHS FOUNDATION PROVIDES THE FUND RAISING MECHANISM FOR THE MINISTRIES OF LUTHERAN HOMES SOCIETY TO SERVE YOUTH AND ELDERLY IN NORTHWESTERN OHIO AND SOUTHEASTERN MICHIGAN IN VARIOUS SETTINGS. IN 2022, THE ACTIVE DONOR LIST WAS 389 DONORS. THE DONATIONS PROVIDED BY THESE DONORS HELPED TO SUPPORT OUR MINISTRIES TO YOUTH AND ELDERS. LHS FOUNDATION, AS PART OF THE MINISTRY OF LUTHERAN HOMES SOCIETY, HAS ALWAYS BEEN AN EXEMPLARY PROVIDER OF SUPPORT TO OUR MINISTRIES AS THEY OFFER COMPASSIONATE, QUALITY CARE TO THOSE WE SERVE, BUT WE ARE ALSO COMMITTED TO IMPROVING AND CONTRIBUTING TO THE COMMUNITIES IN WHICH WE LIVE AND WORK. IN ADDITION TO THE RESIDENTS AND CLIENTS SERVED DIRECTLY, A WIDE VARIETY OF BROAD COMMUNITY SUPPORT ACTIVITIES CONTRIBUTE TO THE ACCOMPLISHMENT OF LHS FOUNDATION'S TAX-EXEMPT PURPOSE.

Source: Form 990 for the year ending December 31, 2024, filed with the Internal Revenue Service. Rating method 2026.2. How we rate

Legitimacy checks

  1. Is it registered with the IRS? Passed.

    Listed in the IRS master file of tax-exempt organizations as a 501(c)(3) charitable organization.

    Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.

  2. Has the IRS revoked its tax-exempt status? Passed.

    Not on the IRS automatic revocation list.

    Source: Automatic revocation of exemption list, Internal Revenue Service, file dated October 13, 2026.

  3. Are donations tax-deductible? Passed.

    On the IRS list of organizations eligible to receive tax-deductible contributions.

    Source: Publication 78 data: organizations eligible for tax-deductible contributions, Internal Revenue Service, file dated October 13, 2026.

  4. Is it keeping up with its IRS filings? Passed.

    Most recent return on file covers the year ending December 2024.

    Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.

  5. How long has it been tax-exempt? Passed.

    Recognized by the IRS since September 1991.

    Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.

  6. Is it in good standing with state regulators? Passed.

    Not on California's list of charities barred from soliciting. Other states are not yet checked.

    Source: May Not Operate or Solicit for Charitable Purposes list, California Attorney General, Registry of Charities and Fundraisers, file dated October 21, 2026.

  7. Could it be confused with another charity? Worth knowing.

    A much larger organization has a similar name: Ab Foundation (Washington, DC), EIN 27-5278038. If that is the one you meant, check the EIN before giving.

    Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.

Ratings and checks are our reading of public records, using the published method. They are not a statement about anyone's honesty. If you work for this organization, you can send corrections or results, confirm you want gifts through Veridonate, or ask to be removed from giving.