2025-11-17T10:55:27+00:00 2024-12-31 346565596 ERNST & YOUNG US LLP 2005 MARKET STREET PHILADELPHIA PA 19103 990 2024-01-01 863666746 Lafayette Square Foundation Inc LAFA 2023444273 1801 Pennsylvania Ave NW 4th Floor Washington DC 20006 Joseph Johnson Chairman, Treasurer & Secretary 2023444273 2025-11-17 true true Lauren E Bennett P01787029 2154485000 2024-11-15 2024 2025-03-06 01:10:19Z X Lafayette Square Institute Joseph Johnson 1801 Pennsylvania Ave NW 4th Floor Washington DC 20006 4070968 false X www.lafayettesquareinstitute.org X 2021 DE To strengthen disadvantaged communities by increasing affordable housing and other community elements through research, programs and polices 3 0 0 3 0 1114578 3968372 0 102000 743 596 0 0 1115321 4070968 0 0 0 0 23278 929921 0 0 243706 514293 337411 537571 1267332 577750 2803636 1282445 4322604 322504 564777 959941 3757827 To strengthen disadvantaged communities by increasing affordable housing, job creation, financial inclusion, and other community elements through research, programs, and policies, that will drive a sustained positive impact on communities in need. false false 607048 0 102000 Research and policy development related to barriers impeding the growth of employee ownership and housing affordability 607048 true true false false false false false false false false false false false false true true true false false false false false false false false false false false false true false false false false false false false true false false false false false false false true true true false false true X 0 0 0 false false false false false false false false false false false false X 3 0 true false false false true true false true true false false false true true true true true true true false false false X Robert Emer 2023444273 1801 Pennsylvania Avenue 4th Floor Washington DC 20006 Joseph Johnson chairman, treasurer, & secretary 1.0 39.0 X X 0 0 0 CAITLIN MCLAUGHLIN director 1.0 39.0 X 0 0 0 damien dwin director 1.0 39.0 X 0 0 0 ANTONY Bugg-Levine President (THRU 08/2024) 15.0 25.0 X 0 135943 7795 John Moriarty Executive Director 38.0 2.0 X 0 356297 27507 David Williams Director of Real Estate, Impact and Partnerships 20.0 20.0 X 0 137089 6434 0 629329 41736 0 false true false 0 0 0 0 0 0 3968372 0 3968372 PUBLIC POLICY TRAINING 611430 102000 102000 0 0 0 0 102000 596 596 0 0 0 0 0 0 0 0 0 4070968 102000 0 596 0 0 295000 141304 96968 56728 614271 294234 201914 118123 20650 9891 6788 3971 75357 36096 24770 14491 47856 22923 15730 9203 44562 21345 14648 8569 43301 20741 14233 8327 48857 23402 16060 9395 4323 2071 1421 831 72485 34720 23826 13939 BANK SERVICE CHARGES 526 252 173 101 FILING FEES 144 69 47 28 0 0 0 0 1267332 607048 416578 243706 0 1282445 3129232 0 1193372 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1282445 4322604 322504 379971 0 0 0 0 0 0 0 0 0 184806 322504 564777 X 959941 1939455 0 1818372 0 0 0 959941 3757827 1282445 4322604 2803636 -5750 0 X false true false X 1485093 1114578 3968372 6568043 0 0 0 0 1485093 1114578 3968372 6568043 5598201 969842 917 743 596 2256 0 0 0 0 0 0 0 6570299 102000 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED Federal Income Taxes INTERCOMPANY TRANSACTIONS 184806 184806 X 4070968 0 0 4070968 0 0 4070968 1267332 0 0 1267332 0 0 1267332 Schedule D, Part X, Line 2 FIN 48 (ASC 740) footnote The Foundation is exempt from federal and state income taxes as a public charity under Section 501(c)(3) of the Internal Revenue Code (IRC). Accordingly, no provision for income taxes has been made in the accompanying financial statements. false false false false false false false false false John Moriarty Executive Director 0 356297 0 0 0 0 0 0 0 27507 0 383804 0 0 ANTONY BUGG-LEVINE BUSINESS TRANSACTION WITH OFFICER 67753 CONSULTING SERVICES false Form 990, Part V, Line 2a Certain individuals listed on Part VII are paid by LS Administration, LLC, a related organization. Lafayette Square Foundation, Inc. reimburses LS Administration, LLC through a management services agreement relating to the compensation paid to these individuals for services provided to Lafayette Square Foundation, Inc. Form 990, Part VI, Line 2 Family/business relationships amongst interested persons Antony Bugg-Levine, Joseph Johnson, Caitlin McLaughlin, Damien Dwin and John Moriarty - Business relationship Form 990, Part VI, Line 6 Classes of members or stockholders The sole member of Lafayette Square Foundation, Inc. is Lafayette Square Holding Company, LLC, which is a related entity. Form 990, Part VI, Line 7a Members or stockholders electing members of governing body As the sole member, Lafayette Square Holding Company, LLC has the authority to elect members of the governing body. Form 990, Part VI, Line 11b Review of form 990 by governing body THE FORM 990 IS PREPARED BY AN OUTSIDE ACCOUNTING FIRM. THE FORM 990 IS MADE AVAILABLE AND REVIEWED BY THE FOUNDATION'S BOARD OF DIRECTORS PRIOR TO ITS SUBMISSION TO THE INTERNAL REVENUE SERVICE. Form 990, Part VI, Line 12c Conflict of interest policy Lafayette Square Foundation, Inc. has a conflict of interest policy that requires members of the board of directors, officers and key employees to complete a conflict of interest annual statement of disclosure. The annual statement of disclosure requires each individual to confirm if any actual or potential conflicts of interest exist, and to affirm that they have read and understand the conflict of interest policy. An individual that has a conflict, or potential conflict, is not permitted to debate, vote, or otherwise participate in such determination. The board of directors will determine the appropriate remedy if a conflict of interest does exist. Form 990, Part VI, Line 15a Process to establish compensation of top management official The Board annually reviews and determines the compensation of those who perform a substantial amount of their work for LSF. The Board uses comparable data and approves the compensation structure. The compensation is paid by a related, for-profit, organization under a shared services agreement. Form 990, Part VI, Line 19 Required documents available to the public Lafayette Square Foundation, Inc. makes its governing documents and conflict of interest policy available upon request. A copy of the Form 990 is also available upon request. Lafayette Square Holding Company LLC PO BOX 25250 PMB 13941 MIAMI FL 331025250 852917390 investment management FL NA N/A LS Administration LLC PO BOX 25250 PMB 13941 MIAMI FL 331025250 861532198 INVESTMENT MANAGEMENT FL NA N/A LS BDC Adviser LLC PO BOX 25250 PMB 13941 MIAMI FL 331025250 INVESTMENT MANAGEMENT FL NA N/A Lafayette Square Loan Servicing LLC PO BOX 25250 PMB 13941 MIAMI FL 331025250 INVESTMENT MANAGEMENT FL NA N/A Lafayette Square Private Fund Manager LLC PO BOX 25250 PMB 13941 MIAMI FL 331025250 INVESTMENT MANAGEMENT FL NA N/A PBA Technologies LLC PO BOX 25250 PMB 13941 MIAMI FL 331025250 INVESTMENT MANAGEMENT FL NA N/A false false false false false false false false false false false false false true true true false false false LS Administration LLC P 711524 FMV