Arts, Culture, and Humanities

Latvian Foundation, Inc.

  • Kalamazoo, MI
  • http://www.latviesufonds.info

Mission Statement

The Latvian Foundation will fund projects that support the Latvian language, culture or art or Latvian education. The active donor base votes annually on which projects to fund. The maximum amount that will be given to a specific project is $10,000. The Latvian Foundation grants an average of $60,000 a year with up to 20% allowed for scholarship-type grants.

ruling year

1976

Principal Officer

Self-reported

Mr. Ugis Sprudzs

Keywords

Self-reported

Latvian, latviesu, fonds culture, art, language,

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Also Known As

LF

EIN

23-7089477

Contact

Cause Area (NTEE Code)

Arts, Cultural Organizations - Multipurpose (A20)

Scholarships, Student Financial Aid, Awards (B82)

Community Foundations (T31)

IRS Filing Requirement

This organization is required to file an IRS Form 990 or 990-EZ.

Programs + Results

How does this organization make a difference?

Programs

Self-reported by organization

What are the organization's current programs, how do they measure success, and who do the programs serve?

Program 1

The Latvian Foundation will fund projects that support the Latvian language, culture or art or Latvian education. The active donor base votes annually on which projects to fund. The maximum amount that will be given to a specific project is $10,000. In 1999/2000, the Latvian Foundation will grant $85,000 with up to 20% allowed for scholarship-type grants.

Category

Population(s) Served

Budget

External Reviews

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Financials

Financial information is an important part of gauging the short- and long-term health of the organization.

Latvian Foundation, Inc.
Fiscal year: May 01-Apr 30

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Operations

The people, governance practices, and partners that make the organization tick.

Latvian Foundation, Inc.

Leadership

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  • Forms 990 for 2016, 2015 and 2014
  • Board Members
  • Access to the GuideStar Community
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Principal Officer

Mr. Ugis Sprudzs

BIO

Ugis Sprudzs, President and Investment Director, has been an active member of the Latvian Foundation since 1980. His management experience includes consulting with AMS and investments with John Nuveen & Co. Mr. Sprudzs is a graduate of the University of Chicago Graduate School of Business.

Governance

BOARD LEADERSHIP PRACTICES

GuideStar worked with BoardSource, the national leader in nonprofit board leadership and governance, to create this section, which enables organizations and donors to transparently share information about essential board leadership practices. Self-reported by organization


RESPONSE NOT PROVIDED

BOARD ORIENTATION & EDUCATION

Does the board conduct a formal orientation for new board members and require all board members to sign a written agreement regarding their roles, responsibilities, and expectations?


RESPONSE NOT PROVIDED

CEO OVERSIGHT

Has the board conducted a formal, written assessment of the chief executive within the past year?


RESPONSE NOT PROVIDED

ETHICS & TRANSPARENCY

Have the board and senior staff reviewed the conflict-of-interest policy and completed and signed disclosure statements in the past year?


RESPONSE NOT PROVIDED

BOARD COMPOSITION

Does the board ensure an inclusive board member recruitment process that results in diversity of thought and leadership?


RESPONSE NOT PROVIDED

BOARD PERFORMANCE

Has the board conducted a formal, written self-assessment of its performance within the past three years?