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LDF NONPROFIT FOUNDATION

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Public nonprofit record

LDF NONPROFIT FOUNDATION

EIN 46-3093399 · Economic Development (S30)

What they do

The Purpose of The Corporation is to Stimulate Economic Development In The Laredo and Surrounding Areas, Which Will Be Accomplished By Supporting Business Investment and Growth Through Services Offered By Our Corporation, Including Support Services, Providing Information and Expertise of The Local Business Environment, and Other Related Services. The Corporation Will Offer and Provide These Services to Businesses Not Local to The Laredo and Surrounding Areas, Which Are Looking to Invest In and Relocate to Our Community, and to Businesses Already In Our Community Looking and Needing Assistance to Grow. The Relocation of Business to The Laredo and Surrounding Areas And/or The Growth of Local Businesses Will Help Accomplish The Corporations Charitable Goals of Improving An Economically Distressed Area By Providing Relief of Community Deterioration and Relief of The Poor and Distressed Through Increased Employment Opportunities and Increased Per Capita Income By The Business Assisted.

Money

Financial picture

Tax year 2024
Expenses$77,082
Income$418,763
Grants given$535,031
Average grant$107,006
Management$1,279

About this charity

Recognized since
July 2014
Location
616 Leal Street, Laredo, TX 78041
County
Webb
In care of
Rolando Ortiz
Primary officer
Rolando Ortiz, Chairman

How to reach them

Filing and classification

Latest tax year
2024
Tax period began
January 1, 2024
Return type
990
Tax preparer
CANALES GARZA & BAUM PLLC
NTEE classification
Economic Development (S30)
IRS tax category
Economic Development
Grant-giving organization
Yes
More public IRS record details

These are classification codes from the organization’s public nonprofit record.

Subsection
03
Affiliation
3
Classification
1000
Deductibility
1
Foundation
15
Organization
1
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About this report: Information comes from public nonprofit records and may show the latest filing available.

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