LB Homes Foundation Inc
LB Homes Foundation Inc is a public charity focused on Human Services, based in Fergus Falls, MN. IRS filing data is available from 2020 through 2025. As of 2025, the organization holds $184K in total assets.
LB Homes Foundation Inc at a glance
- Total assets
- $183,602
- +691.5% vs 2024
- Revenue (2025)
- $161,534
- +982.6% vs 2024
- Expenses (2025)
- $1,128
- -83.9% vs 2024
- Latest 990 filing
- Form 990-EZ, 2025 View filing
Data from IRS Form 990-EZ, 2025; updated September 2026.
Who LB Homes Foundation Inc funds
How this funder distributes its grants
Grant Size Distribution
2 grants across all recorded years
The most common grant size was under $50K: 1 grant of 2 (50%).
Geographic Focus
Where this funder awards grants
Grant Distribution by State
States
Cities
Giving History
Giving Over Time
Total grant dollars and number of grants per year
From 2020 to 2021, annual grant giving ranged from $58K (2020) to $244K (2021). In 2021 it made 2 grants totaling $244K.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| Lutheran Brethren Homes Inc Fergus Falls, MN | Promote Home Health and Hospice Service | $238,662 |
| Lutheran Brethren Retirement Services Inc Fergus Falls, MN | Promote nursing and assisted living care for the elderly | $5,809 |
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Financial History
Multi-year comparison from IRS filings
| Filing year | Total Assets | Revenue | Expenses | Grants paid | Grants | Net Investment Income |
|---|---|---|---|---|---|---|
| 2025 | $183,602 | $161,534 | $1,128 | — | — | — |
| 2024 | $23,196 | $14,921 | $7,005 | — | — | — |
| 2023 | $15,280 | $88,394 | $13,689 | — | — | — |
| 2022 | $162,458 | $70,488 | $32,928 | — | — | — |
| 2021 | $125,023 | $143,542 | $271,619 | $244,471 | 2 | $16,957 |
| 2020 | $254,876 | $106,636 | $78,480 | $58,111 | 1 | $-4,050 |
Leadership & Key People
Officers and directors from IRS filings
LB Homes Foundation Inc is led by Leland Rogness, Chairman & President since 2022 (on filings since 2020); none of the 6 officers listed in 2025 report compensation.
Officers on the 2025 filing
Leland Rogness
Chairman & President
Chairman → Chairman & President, 2022
On filings since 2020
0 hrs/week
No compensation reported
Paul Larson
Director
On filings since 2020
0 hrs/week
No compensation reported
Gaylord Folder
Director
On filings since 2022
0 hrs/week
No compensation reported
Kurt Frustol
Director
New on the 2025 filing
0 hrs/week
No compensation reported
John Austin
Secretary & Treasurer
Director → Secretary, 2023
Secretary → Secretary & Treasurer, 2024
On filings since 2020
0 hrs/week
No compensation reported
Tom Moline
Vice Chairman
Vice Chair → Vice Chairman, 2022
On filings since 2020
0 hrs/week
No compensation reported
Former officers (2)
- Former: Ron Fuhrman (2020–2023) — Secretary
- Former: Gaylord Golden (2020–2021) — Director
Data from IRS Form 990 filings, 2020–2025. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.
Frequently asked questions about LB Homes Foundation Inc
How large is LB Homes Foundation Inc?
LB Homes Foundation Inc reported $184K in total assets on its 2025 IRS Form 990-EZ. Its revenue that year was $162K.
What is LB Homes Foundation Inc?
LB Homes Foundation Inc is a public charity focused on Human Services, based in Fergus Falls, MN. It holds $184K in total assets as of 2025.
Where does LB Homes Foundation Inc operate?
LB Homes Foundation Inc has awarded grants in Minnesota.
What is LB Homes Foundation Inc's EIN?
LB Homes Foundation Inc's EIN (Employer Identification Number) is 20-4760841. IRS Form 990 filing data is available on this page for 2020–2025.
Data last updated September 2026. Sourced from IRS Form 990 filings.
Data update history
(7)
When this profile's IRS filing data changed on Grantable
- Updated Form 990 for fiscal year 2020 (received by the IRS February 3, 2021)
- Updated Form 990 for fiscal year 2021 (received by the IRS January 24, 2022)
- Updated Form 990-EZ for fiscal year 2022 (received by the IRS March 13, 2024)
- Updated Form 990-EZ for fiscal year 2023 (received by the IRS March 13, 2024)
- Updated Form 990-EZ for fiscal year 2024 (received by the IRS March 17, 2025)
- Updated Form 990-EZ for fiscal year 2025 (received by the IRS March 16, 2026)
- IRS filings on file for fiscal years 2020–2025
Live grants for the work LB Homes Foundation Inc funds
Human Services Open opportunities, soonest deadline first.
Explore Open Grants
Browse active grant opportunities in LB Homes Foundation Inc's focus areas in our free grants database
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LB Homes Foundation Inc down — hundreds of funders to go?