In September 2021, Steve and Marge LeBel established The LeBel Foundation to increase the scope and regularity of their charitable giving. The Foundation is classed as a private foundation by the IRS, which granted it a 501(c)(3) tax exempt status.
Short Term Plan: The Foundation will continue donations similar to those Steve and Marge have made in the past, highlighting their special interest in animal rescue and shelter agencies. The Foundation’s grant making focuses on, but is not limited to, Western Michigan.
Long Term Plan: To develop funding strategies to ensure maximum impact of Foundation donations. And to build the Foundation’s net worth through regular contributions and moderately aggressive investing strategies. The Foundation’s goal is to survive its founders and become a strong resource in the future.
Funding Sources: In addition to the Foundation’s general fund, we also have two Donor Designated Funds (DDF), which allow donors to customize their gift-giving activities. We hope to add more DDFs in the future.
Donation Restrictions: Grants are limited to qualified 501(c)(3) charities and public entities.
Free Consulting: The Foundation offers free consulting to community organizations to become more strategic, more profitable, and/or more effective in delivering services. Our representatives bring extensive experience in nonprofit leadership and are available to assist at no cost.