For, 990 Return of Organization Exempt From Income Tax 20013

For, 990 Return of Organization Exempt From Income Tax

Under section 501(c), 527, or 4947(a)(1) of the Internal Revenue Code (except private foundations)

Department of the Treasury ► Do not enter Social Security numbers on this form as it may be made public.

Internal Revenue Service ► Information about Form 990 and its instructions is at www.irs.gov/form990.

OMB No 1545-0047

20013

A For the 2013 calendar year, or tax year beg inning October 1 2013, and ending ber 30 .2014B Check if applicable C Name of organization The Lamb Foundation D Employer identification number

q Address change Doing Business As 23-2482780

q Name change Number and street (or P 0 box if mad is not delivered to street address) Room/surte E Telephone number

q Initial return 114 North Main Street 215-699-5600q Terminated City or town, state or province, country, and ZIP or foreign postal code

q Amended return North Wales, PA 19454 G Gross receipts $ 3 ,839 5 s,$F Name and address of principal officer 19454q Application pending H(a) Is this a group return for Yes No

^ Donna L Mpnqpl- 114 North Main Street, North Wales, PA H(b) Are all subordinates included? q Yes q No

I Tax-exem pt status 9 501 (c)(3) q 501(c ( ) I (insert no) q 4947 (a)(1 ) or q 527 If "No," attach a list. (see instructions)

J Website: ► H(c) Group exemption number ►

K Form of organization Corporation n Trust I-I Association F-1 Other ► L Year of formation 1 QA7 M State of legal domicile: PA

0

Summary1 Briefly describe the organization's mission or most significant activities: Lamb Foundation provides and operates 77

safe,_attractive_and affordable homes for 277 senior-citizens and disabled adults who-would-otherwise beC hQrnaless_in_S.E._PA.-lt_ ts4_nReratea ThrAShapfor-Wnidrasmg-w demptaymentfmniaafouesidents.._-__

2 Check this box if the organization discontinued its operations or disposed of more than 25% of its net assets.a 3 Number of voting members of the governing body (Part VI, line 1 a) . . . . . . . . . 3 1ad 4 Number of independent voting members of the governing body (Part VI, line 1 b) . . . . 4 1N

°; 5 Total number of individuals employed in calendar year 2013 (Part V, line 2a) . . . . . 5 496 Total number of volunteers (estimate if necessary) . . . . . . . . . . . . . . 6 6

a 7a Total unrelated business revenue from Part VIII, column (C), line 12 . . . . . . . . 7ab Net unrelated business taxable income from Form 990-T, line 34 7b 0

Prior Year Current Year

8 Contributions and grants (Part VIII, line 1h) . . . . . . . . . . 558 , 708 744,787C 9 Program service revenue (Part VIII, line 2g) . . . . . . . . . . 3 031 864 31094,601

10 Investment income (Part VIII, column (A), lines 3, 4, and 7d) . . . . . . 0 0IM 11 Other revenue (Part VIII, column (A), lines 5, 6d, 8c, 9c, 1 Oc, and 11 e) . . . 0 0

12 Total revenue-add lines 8 through 1 1 (must equal Part VIII, column (A), line 12) 3 590 566 3 , 839 , 38813 Grants and similar amounts paid (Part IX, column (A), lines 1-3) . . . . . 0 014 Benefits paid to or for members (Part IX, column (A), line 4) . . . . . . 0 0

o 15 Salaries, other compensation, employee benefits (Part IX, column (A), lines 5-10) 1,663-425 1.792,28316a Professional fundraising fees (Part IX, column (A), line 11 e) . . . . .

F b Total fundraising expenses (Part IX, column (D), line 25) ►----------------- -------

17 Other expenses (Part IX, column (A), lines 11 a-11 d, 11 f-24e) . . . . . 1-917242 2048,44918 Total expenses. Add lines 13-17 (must equal Part IX, column (A), line 25) 3,980-717 3 , 840 , 73219 Revenue less expenses. Subtract line 18 from line 12

0 i Beginning of Current Year End of Year

9A 20 Total assets (Part X, line 16) . . . . . . . . . . . . . . . . 1 5577 , 546 1 672 89621 Total liabilities (Part X, line 26) . . . . . . . . . . . . . . . . 892 936 1,022,387

zLL 22 Net assets or fund balances. Subtract line 21 from line 20 . . . 664,610 650,509JiCM Signature BlockUnder penalties of perjury, have examined this return, including accompanying schedules and statements , and to the best of my knowledge and belief, it isItrue , correct, and complete tf prepafsr(ether than officer) is based on a ll information of which preparer has any knowledge

Sign Signatureofficer

Here , Daniel H. O'ConnellType or print name and title

PaidPnnt/Type preparer's name

PreparerUse Only Firm' s name ►

Firm's address ►May the IRS discuss this return with the

Preparer's signature

For Paperwork Reduction Act Notice, see the separate instructions.

Form 990 (2013} Page 2

Statement of Program Service Accomplishments

Check if Schedule 0 contains a response or note to any line in this Part III • q%1 Briefly describe the organization's mission:

The Lamb Foundation provides and operates_ 77_safe , -attractive---

an-- d

affordable homes for 277 senior citizens- - - - - - ----------------------------------------------------------

_and-dis.abled_adults--whowc)uldo-ther_wisebB_h.ometp-ss_in_SDlitheasiemP_enns_ylvia-_J-LalsLa Qp. rate.s_ashrift_-

Shopfnr emTymenttrainig_and_fundraising _for-its_holising prnnT ----- --------- ----- ---------------------------- --------

2 Did the organization undertake any significant program services during the year which were not listed on the

prior Form 990 or 990-EZ? . . . . . . . . . . . . . . . . . . . . . . . . . . . q Yes ['No

If "Yes," describe these new services on Schedule 0.3 Did the organization cease conducting, or make significant changes in how it conducts, any program

services? . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . q Yes &I No

If "Yes," describe these changes on Schedule 0.

4 Describe the organization's program service accomplishments for each of its three largest program services, as measured by

expenses. Section 501 (c)(3) and 501 (c)(4) organizations are required to report the amount of grants and allocations to others,

the total expenses, and revenue, if any, for each program service reported.

4a (Code:------------__) (Expenses $_3,4_1 _3_, 3_1 2...... including grants of $_______--------------

) (Revenue $ 3,821- ,1-UU --------)

------- --------------Housing and_ emerpency shelter programs for senior citizens and disabled adults who would otherwise be

-- -- ---- - - ------ - -- -- -_homeless...prnvidedand.operated ZZ-homesr .incl"ding meals ,, eaning.sencices,_ laundry . transportation and-_suppQrjiye _IiVing services to 277- senior citizens

-and-disabled-adults who would otherwise have been homeless

durinc_the 2013 2014 fiscal vear of Lamb-Foundation ----- _------- ------- ------------------------------- ---__-___-_-__________-____

4b (Code: ) (Expenses $ including grants of $ . .. . . ) (Revenue $ 181288 net- - - ------------------

Sheltered employment training=-Sweet Repeats ThriftShopand_eBay_/ Crags_ist Stores : Vocational____

--- raioing_fnGph cally_and-mentally-disabled-residents_of_LamhEnundation_-i3aised.$-iB,288_in-nei^store.___-___revenuestoaugment and support theLamb Foundation housing-program ---------------------------- ---------------------------

4c (Code: ) (Expenses $ including grants of $______________ ________ ) (Revenue $ -------------------- -- -- )

4d Other program services (Describe in Schedule 0.)(Expenses $ including grants of $ ) (Revenue $

4e Total program service expenses ► $3,414,312Form 990 (2013)

Form 990 (2013). Page 3

Checklist of Required SchedulesYes No

1 Is the organization described in section 501 (c)(3) or 4947(a)(1) (other than a private foundation)? If "Yes,"

complete Schedule A . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 1 4/

2 Is the organization required to complete Schedule B, Schedule of Contributors (see instructions)? . . . 2

3 Did the organization engage in direct or indirect political campaign activities on behalf of or in opposition to" " complete Schedule C, Part 1 . . . . . . . . . . . . . .candidates for public office? If Yes, 3

4 Section 501(c)(3) organizations . Did the organization engage in lobbying activities , or have a section 501(h)

election in effect during the tax year? If "Yes," complete Schedule C, Part 11 . . . . . . . . . . . 4

5 Is the organization a section 501 (c)(4), 501 (c)(5), or 501(c)(6) organization that receives membership dues,assessments , or similar amounts as defined in Revenue Procedure 98-19? If "Yes," complete Schedule C,Part III . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 5

6 Did the organization maintain any donor advised funds or any similar funds or accounts for which donorshave the right to provide advice on the distribution or investment of amounts in such funds or accounts? If

" complete Schedule D, Part/ . . . . . . . . . . . . . . . . . . . . . . . ."Yes, 6

7 Did the organization receive or hold a conservation easement , including easements to preserve open space," "the environment , historic land areas, or historic structures ? If Yes, complete Schedule D, Part 11 7

8 Did the organization maintain collections of works of art, historical treasures, or other similar assets? If "Yes,"complete Schedule D, Part 111 . . . . . . . . . . . . . . . . . . . . . . . . 8

9 Did the organization report an amount in Part X, line 21, for escrow or custodial account liability ; serve as acustodian for amounts not listed in Part X ; or provide credit counseling, debt management , credit repair, ordebt negotiation services? If "Yes," complete Schedule D, Part IV . . . . . . . . . . . . . . g

10 Did the organization, directly or through a related organization, hold assets in temporarily restricted" "endowments, permanent endowments, or quasi-endowments? If complete Schedule D, Part V . .Yes, 10

11 If the organization's answer to any of the following questions is "Yes," then complete Schedule D, Parts VI,VII, VIII, IX, or X as applicable.

a Did the organization report an amount for land, buildings, and equipment in Part X, line 10? If "Yes,"complete Schedule D, Part VI . . . . . . . . . . . . . . . . . . . . . . . . . . 11a

b Did the organization report an amount for investments-other securities in Part X, line 12 that is 5% or more" "of its total assets reported in Part X, line 16? If Yes, complete Schedule D, Part Vll . . . . . . . . 11b

c Did the organization report an amount for investments-program related in Part X, line 13 that is 5% or moreof its total assets reported in Part X, line 16? If "Yes," complete Schedule D, Part VII! . . . . . . . . l lc

d Did the organization report an amount for other assets in Part X, line 15 that is 5% or more of its total assetsreported in Part X, line 16? If "Yes," complete Schedule D, Part IX . . . . . . . . . . . . . . 11d

e Did the organization report an amount for other liabilities in Part X, line 25? If "Yes," complete Schedule D, Part X 11ef Did the organization's separate or consolidated financial statements for the tax year include a footnote that addresses

the organization's liability for uncertain tax positions under FIN 48 (ASC 740)? If "Yes," complete Schedule D, Part X . 11f •/12a Did the organization obtain separate, independent audited financial statements for the tax year? If "Yes," complete

Schedule D, Parts XI and XII . . . . . . . . . . . . . . . . . . . . . . . . . . . 12a

b Was the organization included in consolidated, independent audited financial statements for the tax year? If "Yes," and ifthe organization answered 'No" to line 12a, then completing Schedule D, Parts Xl and X11 is optional . . . . . . . 12b

13 Is the organization a school described in section 170(b)(1)(A)(ii)? If "Yes," complete Schedule E . . . . 13

14 a Did the organization maintain an office, employees, or agents outside of the United States? . . . . . 14a

b Did the organization have aggregate revenues or expenses of more than $10,000 from grantmaking,fundraising, business, investment, and program service activities outside the United States, or aggregate

" "foreign investments valued at $100,000 or more? If Yes, complete Schedule F, Parts I and IV. . . . . 14b15 Did the organization report on Part IX, column (A), line 3, more than $5,000 of grants or other assistance to or

" "for any foreign organization? If Yes, complete Schedule F, Parts ll and IV . . . . . . . . . . . 1516 Did the organization report on Part IX, column (A), line 3, more than $5,000 of aggregate grants or other

" "assistance to or for foreign individuals? If Yes, complete Schedule F, Parts 111 and IV. . . . . . . . 1617 Did the organization report a total of more than $15,000 of expenses for professional fundraising services on

Part IX, column (A), lines 6 and 11 e? If "Yes, " complete Schedule G, Part I (see instructions) . . . . . 17

18 Did the organization report more than $15,000 total of fundraising event gross income and contributions onPart VIII, lines 1c and 8a? If "Yes," complete Schedule G, Part I/ . . . . . . . . . . . . . . . 18

19 Did the organization report more than $15,000 of gross income from gaming activities on Part VIII, line 9a?

" " complete Schedule G, Part III . . . . . . . . . . . . . . . . . . . . . . .Yes,If 1

20 a Did the organization operate one or more hospital facilities? If "Yes, " complete Schedule H . . . . . . Oa

_b If "Yes" to line 20a, did the organization attach a copy of its audited financial statements to this return? 20b - 7TForm 990 (2013)

Form 990 (2013). Page 4

MIM Checklist of Required Schedules (continued)Yes No

21 Did the organization report more than $5 , 000 of grants or other assistance to any domestic organization or

government on Part IX , column (A), line 1 ? If "Yes," complete Schedule I, Parts I and II . . . . . . . 21

22 Did the organization report more than $5 , 000 of grants or other assistance to individuals in the United States

on Part IX, column (A), line 2? If "Yes," complete Schedule 1, Parts 1 and Ill . . . . . . . . . . . 22

23 Did the organization answer " Yes" to Part VII , Section A, line 3, 4 , or 5 about compensation of the

organization 's current and former officers , directors , trustees , key employees, and highest compensated

employees? If "Yes," complete Schedule J . . . . . . . . . . . . . . . . . . . . . . 23

24a Did the organization have a tax-exempt bond issue with an outstanding principal amount of more than

$100,000 as of the last day of the year, that was issued after December 31, 2002? If "Yes," answer lines 24b

through 24d and complete Schedule K. If "No," go to line 25a . . . . . . . . . . . . . . . 24a

b Did the organization invest any proceeds of tax-exempt bonds beyond a temporary period exception? . . 24b

c Did the organization maintain an escrow account other than a refunding escrow at any time during the year

to defease any tax-exempt bonds? . . . . . . . . . . . . . . . . . . . . . . . . 24c

d Did the organization act as an "on behalf of" issuer for bonds outstanding at any time during the year? . . 24d

25a Section 501(c)(3) and 501 (c)(4) organizations. Did the organization engage in an excess benefit transaction

with a disqualified person during the year? If "Yes," complete Schedule L, Part I . . . . . . . . . 25a

b Is the organization aware that it engaged in an excess benefit transaction with a disqualified person in a prioryear , and that the transaction has not been reported on any of the organization's prior Forms 990 or 990-EZ?

"" complete Schedule L, Part I . . . . . . . . . . . . . . . . . . . . . . . .If Yes, 25b

26 Did the organization report any amount on Part X, line 5, 6 , or 22 for receivables from or payables to anycurrent or former officers , directors , trustees , key employees, highest compensated employees, or

disqualified persons? If so, complete Schedule L, Part II . . . . . . . . . . . . . . . . . 26

27 Did the organization provide a grant or other assistance to an officer , director , trustee , key employee,substantial contributor or employee thereof , a grant selection committee member, or to a 35% controlled

" " complete Schedule L, Part 111 . . . . . . .entity or family member of any of these persons? If Yes, 27

28 Was the organization a party to a business transaction with one of the following parties (see Schedule L,

Part IV instructions for applicable filing thresholds, conditions, and exceptions): s:; s

a A current or former officer, director, trustee , or key employee? If "Yes," complete Schedule L, Part IV . 28a

b A family member of a current or former officer , director , trustee , or key employee? If "Yes," complete

Schedule L, Part IV . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 28b 4/

c An entity of which a current or former officer, director, trustee , or key employee (or a family member thereof)" " complete Schedule L, Part IV . . .Yes,was an officer, director , trustee , or direct or indirect owner? If 28c

29 Did the organization receive more than $25 ,000 in non -cash contributions ? If "Yes," complete Schedule M 29

30 Did the organization receive contributions of art , historical treasures , or other similar assets , or qualified" " complete Schedule M . . . . . . . . . . . . . . . .conservation contributions ? If Yes, 30

31 Did the organization liquidate , terminate, or dissolve and cease operations ? If "Yes," complete Schedule N,

Partl . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 31

32 Did the organization sell, exchange , dispose of , or transfer more than 25% of its net assets? If "Yes,"

complete Schedule N, Part II . . . . . . . . . . . . . . . . . . . . . . . . . . 32

33 Did the organization own 100% of an entity disregarded as separate from the organization under Regulationssections 301 .7701-2 and 301.7701 -3? If "Yes," complete Schedule R, Part I . . . . . . . . . . . 33

34 Was the organization related to any tax-exempt or taxable entity? If "Yes," complete Schedule R, Part 11, 111,

or IV, and Part V, line 1 . . . . . . . . . . . . . . . . . . . . . . . . . . . . 34

35a Did the organization have a controlled entity within the meaning of section 512 (b)(13)? . . . . . . . 35a

b If 'Yes ' to line 35a, did the organization receive any payment from or engage in any transaction with a

controlled entity within the meaning of section 512(b)(13)? If "Yes, " complete Schedule R, Part V, line 2 . . 35b

36 Section 501(c)(3) organizations . Did the organization make any transfers to an exempt non-charitable

related organization ? If "Yes," complete Schedule R, Part V, line 2 . . . . . . . . . . . . . . 36 4/

37 Did the organization conduct more than 5% of its activities through an entity that is not a related organization

and that is treated as a partnership for federal income tax purposes? If "Yes," complete Schedule R, J

Part VI . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 37

38 Did the organization complete Schedule 0 and provide explanations in Schedule 0 for Part VI , lines 11 b and

19? Note . All Form 990 filers are required to complete Schedule 0 . . . . . . . . . . . . . . 38

J

Form 990 (2013)

Form 990 (2013). Page 5

Statements Regarding Other IRS Filings and Tax ComplianceCheck if Schedule 0 contains a response or note to any line in this Part V . q

Yes No

1a Enter the number reported in Box 3 of Form 1096. Enter -0- if not applicable . . . 1a 0

b Enter the number of Forms W-2G included in line 1a. Enter -0- if not applicable . . 1b 0

c Did the organization comply with backup withholding rules for reportable payments to vendors and

reportable gaming (gambling) winnings to prize winners? . . . . . . . . . . . . . . . . .

2a Enter the number of employees reported on Form W-3, Transmittal of Wage and Tax

Statements, filed for the calendar year ending with or within the year covered by this return 2a 49

b If at least one is reported on line 2a, did the organization file all required federal employment tax returns?

Note . If the sum of lines 1 a and 2a is greater than 250, you may be required to e-file (see instructions) .

3a Did the organization have unrelated business gross income of $1,000 or more during the year? . . . .

b If "Yes," has it filed a Form 990-T for this year? If "No" to line 3b, provide an explanation in Schedule O . .

4a At any time during the calendar year, did the organization have an interest in, or a signature or other authorityover, a financial account in a foreign country (such as a bank account, securities account, or other financialaccount)? . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

b If "Yes," enter the name of the foreign country. ► _-___--____ -----------------------------------------------------------------See instructions for filing requirements for Form TD F 90-22.1, Report of Foreign Bank and Financial Accounts.

5a Was the organization a party to a prohibited tax shelter transaction at any time during the tax year? . . .

b Did any taxable party notify the organization that it was or is a party to a prohibited tax shelter transaction?

c If "Yes" to line 5a or 5b, did the organization file Form 8886-T? . . . . . . . . . . . . . . .6a Does the organization have annual gross receipts that are normally greater than $100,000, and did the

organization solicit any contributions that were not tax deductible as charitable contributions? . . . . .b If "Yes," did the organization include with every solicitation an express statement that such contributions or

gifts were not tax deductible? . . . . . . . . . . . . . . . . . . . . . . . . . .

7 Organizations that may receive deductible contributions under section 170(c).a Did the organization receive a payment in excess of $75 made partly as a contribution and partly for goods

and services provided to the payor? . . . . . . . . . . . . . . . . . . . . . . . .

b If "Yes," did the organization notify the donor of the value of the goods or services provided? . . . . .c Did the organization sell, exchange, or otherwise dispose of tangible personal property for which it was

required to file Form 8282? . . . . . . . . . . . . . . . . . . . . . . . . . . .

d If "Yes," indicate the number of Forms 8282 filed during the year . . . . . . 7d

e Did the organization receive any funds, directly or indirectly, to pay premiums on a personal benefit contract?

f Did the organization, during the year, pay premiums, directly or indirectly, on a personal benefit contract? .

g If the organization received a contribution of qualified intellectual property, did the organization file Form 8899 as required?

h If the organization received a contribution of cars, boats, airplanes, or other vehicles, did the organization file a Form 1098-C?

8 Sponsoring organizations maintaining donor advised funds and section 509(a)(3) supporting

organizations . Did the supporting organization, or a donor advised fund maintained by a sponsoringorganization, have excess business holdings at any time during the year? . . . . . . . . . . .

9 Sponsoring organizations maintaining donor advised funds.

a Did the organization make any taxable distributions under section 4966? . . . . . . . . . . . .

b Did the organization make a distribution to a donor, donor advisor, or related person? . . . . . . .

10 Section 501(c)(7) organizations . Enter:

a Initiation fees and capital contributions included on Part VIII, line 12 . . . . . . . 10a

b Gross receipts, included on Form 990, Part VIII, line 12, for public use of club facilities . 10b

11 Section 501(c)(12) organizations . Enter:

a Gross income from members or shareholders . . . . . . . . . . . . . . 11ab Gross income from other sources (Do not net amounts due or paid to other sources

against amounts due or received from them.) . . . . . . . . . . . . . . . 11b

12a Section 4947(a)(1) non -exempt charitable trusts . Is the organization filing Form 990 in lieu of Form 1041?

b If "Yes," enter the amount of tax-exempt interest received or accrued during the year . 12b

13 Section 501(c)(29) qualified nonprofit health insurance issuers.

a Is the organization licensed to issue qualified health plans in more than one state? . . . . . . . .

Note . See the instructions for additional information the organization must report on Schedule O.b Enter the amount of reserves the organization is required to maintain by the states in which

the organization is licensed to issue qualified health plans . . . . . . . . 13b

c Enter the amount of reserves on hand . . . . . . . . . . . . . . . 13c

14a Did the organization receive any payments for indoor tanning services during the tax year? . . . . . .

b If 'Yes,' has it filed a Form 720 to report these payments? If 'No,' provide an explanation in Schedule 0 .

isl b

2b

3a

3b

4a

5a-- --- -J

5b

5c

6a

6b

7b

7c

7f

7g

7h

8 ---J

9b

12a

13a

Form 990 (2013)

Form 990 (2013), Page 6

Governance, Management , and Disclosure For each "Yes" response to lines 2 through 7b below, and for a "No"

response to line 8a, 8b, or 10b below, describe the circumstances, processes, or changes in Schedule 0. See instructions.

Check if Schedule 0 contains a response or note to any line in this Part VI . Re

Section A. Governing Body and ManagementYes No

la Enter the number of voting members of the governing body at the end of the tax year. 1a 1

If there are material differences in voting rights among members of the governing body, orif the governing body delegated broad authority to an executive committee or similar

committee , explain in Schedule O.

b Enter the number of voting members included in line 1 a, above, who are independent . 1 b 02 Did any officer , director, trustee , or key employee have a family relationship or a business relationship with

any other officer, director , trustee , or key employee? . . . . . . . . . . . . . . . . . . 2

3 Did the organization delegate control over management duties customarily performed by or under the directsupervision of officers , directors , or trustees , or key employees to a management company or other person? 3

4 Did the organization make any significant changes to its governing documents since the prior Form 990 was filed? 4

5 Did the organization become aware during the year of a significant diversion of the organization ' s assets? . 5

6 Did the organization have members or stockholders? . . . . . . . . . . . . . . . . . . 67a Did the organization have members, stockholders , or other persons who had the power to elect or appoint

one or more members of the governing body? . . . . . . . . . . . . . . . . . . . . 7a

b Are any governance decisions of the organization reserved to (or subject to approval by) members,stockholders, or persons other than the governing body? . . . . . . . . . . . . . . . . . 7b

8 Did the organization contemporaneously document the meetings held or written actions undertaken duringthe year by the following:

a The governing body? . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 8a

b Each committee with authority to act on behalf of the governing body? . . . . . . . . . . . . 8b9 Is there any officer, director , trustee , or key employee listed in Part VII , Section A, who cannot be reached at

the organization ' s mailing address? If "Yes," provide the names and addresses in Schedule 0 . . . . . g

Section B. Policies (This Section B requests information about policies not required by the Internal Revenue Code.)Yes No

10a Did the organization have local chapters , branches , or affiliates? . . . . . . . . . . . . . . 10a

b If "Yes ," did the organization have written policies and procedures governing the activities of such chapters,affiliates , and branches to ensure their operations are consistent with the organization ' s exempt purposes? it,

11a Has the organization provided a complete copy of this Form 990 to all members of its governing body before filing the form? 11a

b Describe in Schedule 0 the process , if any , used by the organization to review this Form 990.

12a Did the organization have a written conflict of interest policy? If "No," go to line 13 . . . . . . . . 12ab Were officers , directors , or trustees , and key employees required to disclose annually interests that could give rise to conflicts? 12b

c Did the organization regularly and consistently monitor and enforce compliance with the policy? If "Yes,"describe in Schedule 0 how this was done . . . . . . . . . . . . . . . . . . . . . . 12c

13 Did the organization have a written whistleblower policy? . . . . . . . . . . . . . . . . . 13

14 Did the organization have a written document retention and destruction policy? . . . . . . . 1415 Did the process for determining compensation of the following persons include a review and approval by

independent persons , comparability data, and contemporaneous substantiation of the deliberation and decision?

a The organization ' s CEO , Executive Director, or top management official . . . . . . . . . . . . 15a

b Other officers or key employees of the organization . . . . . . . . . . . . . . . . . . . 15b

If "Yes" to line 15a or 15b , describe the process in Schedule 0 (see instructions).16a Did the organization invest in, contribute assets to, or participate in a joint venture or similar arrangement

with a taxable entity during the year? . . . . . . . . . . . . . . . . . . . . . . 16a

b If "Yes ," did the organization follow a written policy or procedure requiring the organization to evaluate itsparticipation in joint venture arrangements under applicable federal tax law, and take steps to safeguard the

1

organization ' s exempt status with respect to such arrangements? . . . . . . . . . . . . . .

Section C . Disclosure17 List the states with which a copy of this Form 990 is required to be filed ► Pennsylvania ------- ----------- --------- ---- ------18 Section 6104 requires an organization to make its Forms 1023 (or 1024 if applicable), 990, and 990-T (Section 501 (c)(3)s only)

available for public inspection. Indicate how you made these available. Check all that apply.

q Own website q Another's website Upon request q Other (explain in Schedule 0)

19 Describe in Schedule 0 whether (and if so, how) the organization made its governing documents, conflict of interest policy, and

financial statements available to the public during the tax year.

20 State the name, physical address, and telephone number of the person who possesses the books and records of the

organization: ► Donna Mengel. 114 N. Main St.. North Wales. PA 19454 215-699-5600Form 990 (2013)

Form 990 (2013) Page 7

Compensation of Officers, Directors , Trustees , Key Employees , Highest Compensated Employees, and

Independent ContractorsCheck if Schedule 0 contains a response or note to any line in this Part VII . q

Section A. Officers , Directors , Trustees , Key Employees , and Highest Compensated Employees1a Complete this table for all persons required to be listed. Report compensation for the calendar year ending with or within the

organization's tax year.

• List all of the organization' s current officers, directors, trustees (whether individuals or organizations), regardless of amount ofcompensation. Enter -0- in columns (D), (E), and (F) if no compensation was paid.

• List all of the organization' s current key employees, if any. See instructions for definition of "key employee."

• List the organization's five current highest compensated employees (other than an officer, director, trustee, or key employee)who received reportable compensation (Box 5 of Form W-2 and/or Box 7 of Form 1099-MISC) of more than $100,000 from the

organization and any related organizations.

• List all of the organization' s former officers, key employees, and highest compensated employees who received more than$100,000 of reportable compensation from the organization and any related organizations.

• List all of the organization's former directors or trustees that received, in the capacity as a former director or trustee of theorganization, more than $10,000 of reportable compensation from the organization and any related organizations.

List persons in the following order: individual trustees or directors; institutional trustees; officers; key employees; highestcompensated employees; and former such persons.

ES Check this box if neither the organization nor any related organization compensated any current officer, director, or trustee.(c)

(A) (B) Position P) (E) (Fl(do not check more than one

Name and Title Average box , unless person is both an Reportable Reportable Estimatedhours per officer and a director/trustee) compensation compensation from amount of

week (list any from related otherhours for 0

a s^ 3 o the organizations compensation

related a $ m o m organization (W-2/1099-MISC) from theorganization g o m

(0-' (W-2/1099 - MISC) organization

below dotted ° 0 3 and relatedline) 2

y

m m organizations

0 N

(?)_-DonnaL-Mengel ............................... ........ 0 0 0Director , President , Treasurer

_M-flan e] k Q'C9nM1L, Sr--- --- /. --------------- --Secreta ry, General Counsel

----- --- . 0 0 0

(3)

(4)

--N-------------------------------------------------- -----------

(6)

(7)

- - ----------------------------------------------------------- -------------

(9) --- ---------

(10) --------- --- ------ -------

-M)------------------------------------------------------- -----------

(12)

0)---------------------------------------------------------- - ----------

(A --------- ------------------------ ---------- -- - -

Form 990 (2013)

Form 990 (2013). Page 8

Spctinn a Affirprs nirai-Mm Tnrsteps- Kev Emnlnvees - and Highest Cemnensated Emolovees (continued)

(C)

(a ^)Position o

( )(do not check more than oneName and title Average box , unless person is both an Reportable Reportable Estimated

hours per officer and a director/trustee ) compensation compensation from amount of

week fist an0' '

from related other

hours for o_ m 30 g the organizations compensation

related a m o y m organization (W-2/1099- MISC) from the

organizations aC.

- W(D

-, (W-2/1099-MISC) organization

below dotted ° ° and related

line) C y m j organizations

Q

t15)-------NQNE----------------------------------------- ------------

-------------------------------------------tis)------------ -------------

( 17)

-------------------------------------------------(18)--------- -------------

----------------------

(20)

------------------------------------------- --------------- -01 ---------------- -

------------ - -----------

(23)---------------------------------------------------------------- -------------

(24)---------------------------------------------------------------- -------------

N--------

1 b Sub-total . . . . . . . . . . . . . . . . . . . . . ►c Total from continuation sheets to Part VII, Section A . . . . . ►d Total (add lines lb and 1c . . ►

2 Total number of individuals (including but not limited to those listed above) who received more than $100,000 ofreportable compensation from the organization ►

Yes No

3 Did the organization list any former officer, director, or trustee, key employee, or highest compensated _- _ '; , ., j

employee on line 1 a? If "Yes, " complete Schedule J for such individual . . . . . . . . . . . . V 3 -^i

4 For any individual listed on line 1 a, is the sum of reportable compensation and other compensation from the 7organization and related organizations greater than $150,000? If "Yes," complete Schedule J for such

individual . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 4

5 Did any person listed on line 1a receive or accrue compensation from any unrelated organization or individualfor services rendered to the organization? If "Yes, " complete Schedule J for such person . . . . . .

Section B. Independent Contractors

1 Complete this table for your five highest compensated independent contractors that received more than $100,000 of

compensation from the organization. Report compensation for the calendar year ending with or within the organization's tax

year.

(A)Name and business address

(B)Description of services

(C)Compensation

NONE

2 Total number of independent contractors (including but not limited to those listed above) who

received more than $100,000 of compensation from the organization ► NQNFForm 990 (2013)

Form 990 (2013) . Page 9

Statement of RevenueCheck if Schedule 0 contains a response or note to any line in this Part VIII . . . . . . q

a(C) (D)

Total revenue ted orRelexempt

Unrelatedbusiness

Revenueexcluded from tax

function revenue under sections512-514revenue

y NC t

la Federated campaigns . . . la

I E b Membership dues . . . . lb

c Fundraising events . . . . 1c

i3 a d Related organizations . . . Id

E e Government grants (contributions) leo'er f All other contributions , gifts, grants,

and similar amounts not included above if744,787

0 g Noncash contributions included in lines la-1f: $ X15,07.1-...0 `m h Total. Add lines 1a-1f . ► 744,787

CD Business Code- - ---- -- -- --- -

2a Resident ProciramFees

b ThriftShop 8 eBay 18 , 288 18 , 288__________c Camp & Program Income 114 , 093d Reimbursed Expenses 32 , 511 32,511

E e _

o f All other program service revenue . 6 , 197 6 . 197a` 9 Total . Add lines 2a-2f . ► 3 , 094 , 601

3 Investment income (including dividends , interest,and other similar amounts) . . . . . . . ►

4 Income from investment of tax-exempt bond proceeds ►5 Royalties . . ►

O Real (ii) Personal

6a Gross rents .

b Less : rental expenses

c Rental income or (loss)

d Net rental income or (loss) . ►7a Gross amount from sales of ( i) Securities (ii) Other

assets other than inventory

b Less: cost or other basisand sales expenses

c Gain or (loss) .d Net gain or (loss) . . . . . ►

8a Gross income from fundraising4) events (not including $4) of contributions reported on line 1c).

See Part IV , line 18 . . . . . a

= b Less : direct expenses . . . . b

c Net income or (loss) from fundraising events ►9a Gross income from gaming activities.

See Part IV , line 19 . . . . . a

b Less : direct expenses . . . . bc Net income or (loss) from gaming acti vities . . ►

10a Gross sales of inventory, lessreturns and allowances . . . a

b Less : cost of goods sold . . . bc Net income or (loss) from sales of inventory . . ►

Miscellaneous Revenue Business Code

11a

b

c------------------------------------------------

d All other revenue . . . . .

e Total . Add lines 11a-11d . . . . . . . . ►12 Total revenue . See instructions . . ► 3 , 839 , 388 3 , 094 , 601

Form 990 (2013)

Form 990 (2013). Page 10

Statement of FunctionalS?ction 501(c)(3) and 501(c)(4) organizations must complete all columns. All other organizations must complete column (A).

Check if Schedule 0 contains a response or note to any line in this Part IX . q

Do not include amounts reported on lines 6b, 7b,

8b 96 and ^Ob of Part Vl!!.> >

(A)Total expenses

(B)Program service

expenses

(C)Management andgeneral expenses

(D)Fundraisingexpenses

I Grants and other assistance to governments andorganizations in the United States. See Part IV , line 21

2 Grants and other assistance to individuals inthe United States . See Part IV, line 22 . . .

3 Grants and other assistance to governments,organizations , and individuals outside theUnited States. See Part IV , lines 15 and 16

4 Benefits paid to or for members . . . .5 Compensation of current officers , directors,

trustees, and key employees . . . . . 100,000 75,000 25,000

6 Compensation not included above , to disqualifiedpersons (as defined under section 4958(0(1)) andpersons described in section 4958 (c)(3)(B) . .

7 Other salaries and wages . . . . . . 1 554 588 1 , 387 , 276 197 R19

8 Pension plan accruals and contributions (includesection 401(k) and 403 (b) employer contributions)

9 Other employee benefits . . . . . . .10 Payroll taxes . . . . . . . . . . . 137 , 695 124 , 210 13 ,48511 Fees for services (non-employees):

a Management . . . . . . . . . .

b Legal . . . . . . . . . . . . . 50 , 000 40 . 000 10 , 000c Accounting . . . . . . . . . . . 5 , 520 5 , 520d Lobbying . . . . . . . . . . . .

e Professional fundraising services . See Part IV , line 17

f Investment management fees . . . . .g Other . O f line 11g amount exceeds 10% of line 25 , column

(A) amount , list line 11g expenses on Schedule 0.) . .

12 Advertising and promotion . . . . . .

13 Office expenses . . . . . . . . . 7 , 814 7 , 81414 Information technology . . . . . . .15 Royalties . . . . . . . . . . . .16 Occupancy . . . . . . . . . . . 483 , 836 474 , 286 9 .550

17 Travel . . . . . . . . . . . . .18 Payments of travel or entertainment expenses

for any federal , state, or local public officials

19 Conferences , conventions , and meetings

20 Interest . . . . . . . . . . . . 12 ,054 12 , 05421 Payments to affiliates . . . . . . . .

22 Depreciation , depletion , and amortization . 118.1 40 118 , 14023 Insurance . . . . . . . . . . . . 92 62124 Other expenses . Itemize expenses not covered

above (List miscellaneous expenses in line 24e. Ifline 24e amount exceeds 10% of line 25 , column(A) amount , list line 24e expenses on Schedule 0.)

Fooda 315,836 315 836-- ----------------------------------------------------------b Utiljties. .----------------------------------------------c Auto Expense 32 582 32 , 581-

------------------------ _------------d p^qr̂ m F̂n?nse 265 604 265 , 604------------------------------e All other expenses 198,837 198 , 837------------------------------

25 Total functional expenses. Add lines 1 through 24e 3840 732 3,574,817 265 , 91526 Joint costs . Complete this line only if the

organization reported in column (B) joint costsfrom a combined educational campaign andfundraising solicitation . Check here ► q iffollowing SOP 98-2 (ASC 958-720) . . . .

Form 990 (2013)

Form 990 (2013). Page 11

Balance SheetCheck if Schedule 0 contains a resoonse or note to any line in this Part X . q

(A)(B)

Beginning of year End of year

1 Cash-non-interest-bearing . . . . . . . . . . . . . . 161 , 259 1 197 , 3842 Savings and temporary cash investments . . . . . . . . . . 88 2 88

3 Pledges and grants receivable, net . . . . . . . . . . . . 28 , 264 3 19 . 1234 Accounts receivable, net . . . . . . . . . . . . . . . 39,713 4 44 . 8155 Loans and other receivables from current and former officers, directors, -

trustees, key employees, and highest compensated employees.Complete Part II of Schedule L . . . . . . . . . . . . . 5

6 Loans and other receivables from other disqualified persons (as defined under section4958(f)(1)), persons described in section 4958(c)(3)(B), and contributing employers andsponsoring organizations of section 501(c)(9) voluntary employees' beneficiary

M organizations (see instructions). Complete Part II of Schedule L.. . . . . . . 5.407 6 2 , 939H 7 Notes and loans receivable, net . . . . . . . . . . . . 7

8 Inventories for sale or use . . . . . . . . . . . . . . . 8

9 Prepaid expenses and deferred charges . . . . . . 19 890 9 22 ,06510a Land, buildings, and equipment: cost or

other basis. Complete Part VI of Schedule D 10a 2,525,983

b Less: accumulated depreciation . . . . 10b 1 , 139 , 754 1 302 925 10c 1 , 386 , 22911 Investments-publicly traded securities . . . . . . . . . . 11

12 Investments-other securities. See Part IV, line 11 . . . . . . . 12

13 Investments-program-related. See Part IV, line 11 . . . . . . . 13

14 Intangible assets . . . . . . . . . . . . . . . . . . 14

15 Other assets. See Part IV, line 11 . 15

16 Total assets . Add lines 1 throug h 15 must equal line 34) 1 557546 16 1 , 672 .8 617 Accounts payable and accrued expenses . . . . . . . . . . 674 , 118 17 824 ,72918 Grants payable . . . . . . . . . . . . . . . . . . 18

19 Deferred revenue . . . . . . . . . . . . . 19

20 Tax-exempt bond liabilities . . . . . . . . . . . . . . 20

21 Escrow or custodial account liability. Complete Part IV of Schedule D . 21

y 22 Loans and other payables to current and former officers, directors,trustees, key employees, highest compensated employees, anddisqualified persons. Complete Part II of Schedule L . . . . . . 22 115,689

23 Secured mortgages and notes payable to unrelated third parties . 82 , 863 23 82 , 00324 Unsecured notes and loans payable to unrelated third parties . . . 24

25 Other liabilities (including federal income tax, payables to related thirdparties, and other liabilities not included on lines 17-24). Complete Part Xof Schedule D . . . . . . . . . . . . . . . . . . . 25

26 Total liabilities . Add lines 17 throug h 25 892 , 936 26 1,022,387Organizations that follow SFAS 117 (ASC 958), check here ► q andcomplete lines 27 through 29, and lines 33 and 34. ^

_27 Unrestricted net assets . . . . . . . . . . . . . . 66:K522 27 649,42128 Temporarily restricted net assets . . . . . . . . . . . . . 88 28 8829 Permanently restricted net assets . . . . . . . . . . 29

Organizations that do not follow SFAS 117 (ASC 958), check here ► q andcomplete lines 30 through 34.

o. 30 Capital stock or trust principal, or current funds . . . . . . . . 1 000 30 1 , 00031 Paid-in or capital surplus, or land, building, or equipment fund . . . 31

a 32 Retained earnings, endowment, accumulated income, or other funds . 32

Z 33 Total net assets or fund balances . . . . . . . . . . . . . 664 610 33 650 ,50934 Total liabilities and net assets/fund balances 1 557 46 34 1 , 672 , 896

Form 990 (2013)

Form 990 (2013). Page 12

Reconciliation of Net Assets

% Check if Schedule 0 contains a response or note to any line in this Part XI . q

1 Total revenue (must equal Part VIII, column (A), line 12) . . . . . . . . . . . . . . 1 31839,388

2 Total expenses (must equal Part IX, column (A), line 25) . . . . . . . . . . . . . 2 3,840,732

3 Revenue less expenses. Subtract line 2 from line 1 . . . . . . . . . . . . . . . 3 ( 1 , 344 )4 Net assets or fund balances at beginning of year (must equal Part X, line 33, column (A)) . . . 4 664,6105 Net unrealized gains (losses) on investments . . . . . . . . . . . . . . . . . 5

6 Donated services and use of facilities . . . . . . . . . . . . . . . . . . . 6

7 Investment expenses . . . . . . . . . . . . . . . . . . . . . . . . . 7

8 Prior period adjustments . . . . . . . . . . . . . . . . . . . . . . . 8

9 Other changes in net assets or fund balances (explain in Schedule 0) . . . . . . . . . 910 Net assets or fund balances at end of year. Combine lines 3 through 9 (must equal Part X, line

650,61033, column (B)) . . . . . . . . . . . . . . . . . . . . . . . . . 10

Financial Statements and ReportingCheck if Schedule 0 contains a response or note to any line in this Part XII . q

Yes No

I Accounting method used to prepare the Form 990: q Cash ["Accrual q OtherIf the organization changed its method of accounting from a prior year or checked "Other," explain inSchedule O.

2a Were the organization's financial statements compiled or reviewed by an independent accountant? . . . 2aIf "Yes," check a box below to indicate whether the financial statements for the year were compiled orreviewed on a separate basis, consolidated basis, or both:

'Separate basis q Consolidated basis q Both consolidated and separate basis

b Were the organization's financial statements audited by an independent accountant? . . . . . . . 2b

If "Yes," check a box below to indicate whether the financial statements for the year were audited on aseparate basis, consolidated basis, or both:

ESeparate basis q Consolidated basis q Both consolidated and separate basisc If "Yes" to line 2a or 2b, does the organization have a committee that assumes responsibility for oversight

of the audit, review, or compilation of its financial statements and selection of an independent accountant? 2cIf the organization changed either its oversight process or selection process during the tax year, explain inSchedule O.

3a As a result of a federal award, was the organization required to undergo an audit or audits as set forth inthe Single Audit Act and OMB Circular A-133? . . . . . . . . . . . . . . . . . . . . . 3a

b If "Yes," did the organization undergo the required audit or audits? If the organization did not undergo therequired audit or audits, explain why in Schedule 0 and describe any steps taken to undergo such audits. 3b

Form 990 (2013)

SCHEDULE A Public Charity Status and Public Support(Form 990 or 990-EZ)

Complete if the organization is a section 501(c)(3) organization or a section

4947(a)(1) nonexempt charitable trust.

Department of the Treasury ► Attach to Form 990 or Form 990-EZ.Internal Revenue Service ► Information about Schedule A (Form 990 or 990-EZ) and its instructions is at www.irs.gov/fonn990.

OMB No 1545-0047

20013

Name of the organization I Employer identification number

The Lamb Foundation 23-2482780Reason for Public Charity Status (All organizations must complete this part.) See instructions.

The organization is not a private foundation because it is: (For lines 1 through 11, check only one box.)

I q A church, convention of churches, or association of churches described in section 170(b)(1)(A)(i).

2 q A school described in section 170(b)(1)(A)(ii). (Attach Schedule E.)

3 q A hospital or a cooperative hospital service organization described in section 170 (b)(1)(A)(iii).

4 q A medical research organization operated in conjunction with a hospital described in section 170(b)(1)(A)(iii). Enter thehospital's name, city, and state:

---------------------------------------------------------------------------------------------------------------------------5 q An organization operated for the benefit of a college or university owned or operated by a governmental unit described in

section 170 (b)(1)(A)(iv). (Complete Part II.)

6 q A federal, state, or local government or governmental unit described in section 170(b)(1)(A)(v).7 q An organization that normally receives a substantial part of its support from a governmental unit or from the general public

described in section 170 (b)(1)(A)(vi ). (Complete Part II )

8 q A community trust described in section 170 (b)(1)(A)(vi ). (Complete Part II.)

9 Q"An organization that normally receives: (1) more than 33'/3% of its support from contributions, membership fees, and grossreceipts from activities related to its exempt functions-subject to certain exceptions, and (2) no more than 33'/3% of itssupport from gross investment income and unrelated business taxable income (less section 511 tax) from businessesacquired by the organization after June 30, 1975. See section 509(a)(2). (Complete Part III.)

10 q An organization organized and operated exclusively to test for public safety. See section 509(a)(4).

11 q An organization organized and operated exclusively for the benefit of, to perform the functions of, or to carry out thepurposes of one or more publicly supported organizations described in section 509(a)(1) or section 509(a)(2). See section509(a)(3). Check the box that describes the type of supporting organization and complete lines 11 e through 11 h.

a q Type I b q Type II c q Type III-Functionally integrated d q Type III-Non-functionally integratede q By checking this box, I certify that the organization is not controlled directly or indirectly by one or more disqualified persons

other than foundation managers and other than one or more publicly supported organizations described in section 509(a)(1)or section 509(a)(2).

f If the organization received a written determination from the IRS that it is a Type I, Type II, or Type III supportingorganization, check this box . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . q

g Since August 17, 2006, has the organization accepted any gift or contribution from any of thefollowing persons?

(i) A person who directly or indirectly controls, either alone or together with persons described in (ii) and Yes No

(M) below, the governing body of the supported organization? . . . . . . . . . . . . . . 11x(7

(ii) A family member of a person described in (i) above? . . . . . . . . . . . . . . . . . 1tgfi)

(iii) A 35% controlled entity of a person described in (i) or (ii) above? . . . . . . . . . . . . . 11gfi7h Provide the following information about the supported organization(s).

() Name of supportedorganization

(ii) EIN (iii) Type of organization(descnbed on lines 1-9above or IRC section(see instructions ))

fiv) Is the organizationin col (I) listed in yourgoverning document?

(v) Did you notifythe organization in

col (i) of yoursupport?

(vi) Is theorganization in col(1) organized in the

US?

(vii) Amount of monetarysupport

Yes No Yes No Yes No

(A)

(B)

(C)

(D)

(E)

Total

For Paperwork Reduction Act Notice , see the Instructions for Cat No 11285F Schedule A (Form 990 or 990- EZ) 2013

Form 990 or 990-EZ.

Schedule A (Form 990 or 990-EZ) 2013 Page 2

Support Schedule for Organizations Described in Sections 170(b)(1)(A)(iv) and 170(b)(1)(A)(vi)

(Complete only if you checked the box on line 5, 7, or 8 of Part I or if the organization failed to qualify under

Part III. If the organization fails to qualify under the tests listed below, please complete Part III.)

Section A. Public SupportCalendar year (or fiscal year beginning in) ► (a) 2009 (b) 2010 (c) 2011 (d) 2012 (e) 2013 (f) Total

I Gifts, grants, contributions, andmembership fees received. (Do notinclude any 'unusual grants.") . . .

2 Tax revenues levied for theorganization's benefit and either paidto or expended on its behalf . . .

3 The value of services or facilitiesfurnished by a governmental unit to theorganization without charge . . . .

4 Total . Add lines 1 through 3 . . . .

5 The portion of total contributions byeach person (other than agovernmental unit or publiclysupported organization) included online 1 that exceeds 2% of the amountshown on line 11, column (f) . . . .

6 Public support. Subtract line 5 from line 4.

Section B. Total SupportCalendar year (or fiscal year beginning in) ► (a ) 2009 (b) 2010 (c) 2011 (d) 2012 (e) 2013 Total

7 Amounts from line 4 . . . . . .

8 Gross income from interest, dividends,payments received on securities loans,rents, royalties and income from similarsources . . . . . . . . . .

9 Net income from unrelated businessactivities, whether or not the businessis regularly carried on

10 Other income. Do not include gain orloss from the sale of capital assets(Explain in Part IV.) . . . . . . .

11 Total support . Add lines 7 through 1012 Gross receipts from related activities, etc. (see instructions ) . . . . . . . . . . 12

13 First five years . If the Form 990 is for the organization's first, second, third, fourth, or fifth tax year as a section 501(c)(3)

organization, check this box and stop here . . . . . . . . . . . . . . . . . . . . . . . . . ► q

Section C. Computation of Public Support Percentage

14 Public support percentage for 2013 (line 6, column (f) divided by line 11, column (f)) . . . 14 %

15 Public support percentage from 2012 Schedule A, Part II, line 14 . . . . . . . . . . 15 %

16a 331/3% support test-2013. If the organization did not check the box on line 13, and line 14 is 331,3% or more, check this

box and stop here . The organization qualifies as a publicly supported organization . . . . . . . . . . . ► q

b 331,3% support test-2012 . If the organization did not check a box on line 13 or 16a, and line 15 is 331,3% or more,

check this box and stop here . The organization qualifies as a publicly supported organization . . . . . . . ► q

17a 10%-facts-and-circumstances test-2013. If the organization did not check a box on line 13, 16a, or 16b, and line 14 is

10% or more, and if the organization meets the "facts-and-circumstances" test, check this box and stop here . Explain in

Part IV how the organization meets the "facts-and-circumstances" test. The organization qualifies as a publicly supported

organization . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . ► D

b 10%-facts -and-circumstances test-2012 . If the organization did not check a box on line 13, 16a, 16b, or 17a, and line

15 is 10% or more, and if the organization meets the "facts-and-circumstances" test, check this box and stop here.

Explain in Part IV how the organization meets the "facts-and-circumstances" test. The organization qualifies as a publicly

supported organization . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . ► q

18 Private foundation . If the organization did not check a box on line 13, 16a, 16b, 17a, or 17b, check this box and see

instructions . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . ► q

Schedule A (Form 990 or 990-EZ) 2013

Schedulq A (Form 990 or 960-EZ) 2013 Page 3

Support Schedule for Organizations Described in Section 509(a)(2)(Complete only if you checked the box on line 9 of Part I or if the organization failed to qualify under Part II.

If the organization fails to qualify under the tests listed below, please complete Part II.)Section A. Public SupportCalendar year (or fiscal year beginning in) ► (a) 2009 (b) 2010 (c) 2011 (d) 2012 (e) 2013 (f) Total

1 Gifts, grants, contributions, and membershipreceived. (Do not in

cludeclude any unusua

ll grants.') 448 911 496,053 402,170 558,702 744,484 2,650,623

2 Gross receipts from admissions, merchandisesold or services performed, or facilitiesfurnished in any activity that is related to the

'2,630,540 2,487,937 2,114,464 3,022,744 3,094,904 58935013s tax-exempt purpose . .organization ,,

3 Gross receipts from activities that are not anunrelated trade or business under section 513

4 Tax revenues levied for theorganization's benefit and either paidto or expended on its behalf . . .

5 The value of services or facilitiesfurnished by a governmental unit to theorganization without charge . . . .

6 Total . Add lines 1 through 5 . . . . 3,079,451 2,997,033 2,516,634 3,590,566 3,839,388 16,001,2127a Amounts included on lines 1, 2, and 3

received from disqualified persons .

b Amounts included on lines 2 and 3received from other than disqualifiedpersons that exceed the greater of $5,000or 1 % of the amount on line 13 for the year

c Add lines 7a and 7b . . . . . .8 Public support (Subtract line 7c from

line 6.) . . . . . . . . . . ' +. r ..ek by . a, h i2^ 3+,%a¢. 4 '-4•a * :' ,'. 'Y.. . `'tom'.,g PIT4 ik<'' ___ _

Section B. Total SupportCalendar year (or fiscal year beginning in) ►

9 Amounts from line 6 . . . . . .

10a Gross income from interest, dividends,payments received on securities loans, rents,royalties and income from similar sources .

b Unrelated business taxable income (lesssection 511 taxes) from businessesacquired after June 30, 1975 . . . .

c Add lines 10a and 10b . . . .

11 Net income from unrelated businessactivities not included in line 10b, whetheror not the business is regularly carried on

12 Other income . Do not include gain orloss from the sale of capital assets(Explain in Part IV.) . . . . . . .

13 Total support (Add lines 9, 10c, 11,and 12 .) . . . . . . . . . .

( a) 2009 (b) 2010 (c) 2011 (d) 2012 (e) 2013 (f) Total

3 , 079 , 451 2 , 997 , 033 2 , 516 ,634 3 , 590 , 566 3 , 839 , 388 16 ,001 ,212

2 40 0 0 0 404

9 402 0 0 404

3,079,453 2,997,435 2,516,634 3,590,566 3,839,388 16,001,616

14 First five years . If the Form 990 is for the organization's first, second, third, fourth, or fifth tax year as a section 501(c)(3)organization, check this box and stop here . . . . . . . . . . . . . . . . . . . . . . . . . ► [

Section C . Computation of Public Support Percentage

15 Public support percentage for 2013 (line 8, column (f) divided by line 13, column (f}) . . . 15 99.9/0

16 Public support percentage from 2012 Schedule A, Part III, line 15 16 99.9%

Section D. Computation of Investment Income Percentaqe

17 Investment income percentage for 2013 (line 10c, column (f) divided by line 13, column (f)) . . . 17 0%

18 Investment income percentage from 2012 Schedule A, Part III, line 17 . . . . . . . . 18 %

19a 331,3% support tests - 2013. If the organization did not check the box on line 14, and line 15 is more than 331,3%, and line

17 is not more than 331,3%, check this box and stop here . The organization qualifies as a publicly supported organization . ► [J1

b 33'n% support tests - 2012 . If the organization did not check a box on line 14 or line 19a, and line 16 is more than 331/3%, and

line 18 is not more than 331,3%, check this box and stop here . The organization qualifies as a publicly supported organization ► q

20 Private foundation . If the organization did not check a box on line 14, 19a, or 19b, check this box and see instructions ► q


Schedule A (Form 990 or 990-EZ) 2013 Page 4

MMg Supplemental Information . Provide the explanations required by Part II, line 10; Part II, line 17a or 17b; andPart III, line 12. Also complete this part for any additional i nformation. (See instructions).

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SCHEDULE D(Form 990) Supplemental Financial Statements

► Complete if the organization answered "Yes" to Form 990,Part IV, line 6, 7, 8, 9, 10, 1la, 11b , 11c, 11d , 11e, 11f, 12a, or 12b.

Department of the Treasury ► Attach to Form 990.Internal Revenue Service ► Information about Schedule D (Form 990) and its instructions is at www.irs.gov/form990.

OMB No 1545-0047

Name of the organization Employer identification number

The Lamb Foundation 23-2482780

llja^ Organizations Maintaining Donor Advised Funds or Other Similar Funds or Accounts.Complete if the organization answered "Yes" to Form 990, Part IV, line 6.

(a) Donor advised funds I (b) Funds and other accounts

1 Total number at end of year . . . . . . .

2 Aggregate value of contributions to (during year)

3 Aggregate value of grants from (during year) .

4 Aggregate value at end of year . . . . . .5 Did the organization inform all donors and donor advisors in writing that the assets held in donor advised

funds are the organization's property, subject to the organization's exclusive legal control? . . . . . . q Yes q No6 Did the organization inform all grantees, donors, and donor advisors in writing that grant funds can be used

only for charitable purposes and not for the benefit of the donor or donor advisor, or for any other purposeconferring impermissible private benefit? . . . . . . . . . . . . . . . . . . . . q Yes q No

IGEM Conservation Easements.Complete if the organization answered "Yes" to Form 990, Part IV, line 7.

1 Purpose(s) of conservation easements held by the organization (check all that apply).

q Preservation of land for public use (e.g., recreation or education) q Preservation of a historically important land areaq Protection of natural habitat q Preservation of a certified historic structureq Preservation of open space

2 Complete lines 2a through 2d if the organization held a qualified conservation contribution in the form of a conservationeasement on the last day of the tax year . , Held at the End of the Tax Year

a Total number of conservation easements . . . . . . . . . . . . . . . 2ab Total acreage restricted by conservation easements . . . . . . . . . . . 2bc Number of conservation easements on a certified historic structure included in (a) . 2cd Number of conservation easements included in (c) acquired after 8/17/06, and not on a

historic structure listed in the National Register . . . . . . . . 2d3 Number of conservation easements modified, transferred, released, extinguished, or terminated by the organization during the

tax year ►

4 Number of states where property subject to conservation easement is located ►5 Does the organization have a written policy regarding the periodic monitoring, inspection, handling of

violations, and enforcement of the conservation easements it holds? . . . . . . . . . . . . . q Yes q No6 Staff and volunteer hours devoted to monitoring, inspecting, and enforcing conservation easements during the year

10.7 Amount of expenses incurred in monitoring, inspecting, and enforcing conservation easements during the year

8 Does each conservation easement reported on line 2(d) above satisfy the requirements of section 170(h)(4)(B)(I)and section 170(h)(4)( B)(II)? . . . . . . . . . . . . . . . . . . . . . . . . q Yes q No

9 In Part XIII, describe how the organization reports conservation easements in its revenue and expense statement, andbalance sheet, and include, if applicable, the text of the footnote to the organization's financial statements that describes theorganization's accounting for conservation easements

ai j Organizations Maintaining Collections of Art, Historical Treasures, or Other Similar Assets.Complete if the organization answered "Yes" to Form 990, Part IV, line 8.

1a If the organization elected, as permitted under SFAS 116 (ASC 958), not to report in its revenue statement and balance sheetworks of art, historical treasures, or other similar assets held for public exhibition, education, or research in furtherance ofpublic service, provide, in Part All, the text of the footnote to its financial statements that describes these items.

b If the organization elected, as permitted under SFAS 116 (ASC 958), to report in its revenue statement and balance sheetworks of art, historical treasures, or other similar assets held for public exhibition, education, or research in furtherance ofpublic service, provide the following amounts relating to these items:

(i) Revenue included in Form 990, Part VIII, line 1 . . . . . . . . . . . . . . . ► $(ii) Assets included in Form 990, Part X . . . . . . . . . . . . . . . . . . . ► $

2 If the organization received or held works of art, historical treasures, or other similar assets for financial gain, provide thefollowing amounts required to be reported under SFAS 116 (ASC 958) relating to these items:

a Revenue included in Form 990, Part VIII, line 1 . . . . . . . . . . . . . . . . . ► $b Assets included in Form 990, Part X . ► $

For Paperwork Reduction Act Notice , see the Instructions for Form 990. Cat. No 52283D Schedule D (Form 990) 2014

Schedule D (Form 990) 2014 Page 2

jg^ Organizations Maintaining Collections of Art, Historical Treasures , or Other Similar Assets (continued)

3 Using the organization's acquisition, accession, and other records, check any of the following that are a significant use of its

collection items (check all that apply)-

a q Public exhibition d q Loan or exchange programs

b q Scholarly research e q Other

c q Preservation for future generations

4 Provide a description of the organization's collections and explain how they further the organization's exempt purpose in Part

XIII.

5 During the year, did the organization solicit or receive donations of art, historical treasures, or other similar

assets to be sold to raise funds rather than to be maintained as part of the organization's collection? q Yes q NoRi^ Escrow and Custodial Arrangements.

Complete if the organization answered "Yes" to Form 990, Part IV, line 9, or reported an amount on Form990, Part X, line 21.

la Is the organization an agent, trustee, custodian or other intermediary for contributions or other assets notincluded on Form 990, Part X? q Yes q No

b If "Yes," explain the arrangement in Part XIII and complete the following table.Amount

c Beginning balance . . . . . . . . . . . . . . . . . . . . . 1c

d Additions during the year . . . . . . . . . . . . . . . . . . . 1d

e Distributions during the year . . . . . . . . . . . . . . . . . . Ile

f Ending balance . . . . . . . . . . . . . . . . . . . . if

2a Did the organization include an amount on Form 990, Part X, line 21, for escrow or custodial account liability ? q Yes q No

b If "Yes," explain the arrangement in Part XIII. Check here if the explanation has been provided in Part XIII q

JL^ Endowment Funds.

Complete if the organization answered "Yes" to Form 990, Part IV, line 10.

1a Beginning of year balance . . .b Contributions . . . . . . .c Net investment earnings, gains, and

losses . . . . . . . . . .

d Grants or scholarships . . . .

e Other expenditures for facilities andprograms . . . . . . . . .

f Administrative expenses . . . .

g End of year balance . . . . .

2 Provide the estimated percentage of the current year end balance (line 1 g, column (a)) held as:

a Board designated or quasi-endowment ► %

b Permanent endowment ► %

c Temporarily restricted endowment ► %The percentages in lines 2a, 2b, and 2c should equal 100%.

3a Are there endowment funds not in the possession of the organization that are held and administered for theorganization by: Yes No(i) unrelated organizations . . . . . . . . . . . . . . . . . . . . . . . . . . . 3a(i)

(ii) related organizations . . . . . . . . . . . . . . . . . . . . . . . . . . . . 3a(ii)

b If "Yes" to 3a(ii), are the related organizations listed as required on Schedule R? . . . . . . . . . 3b4 Describe in Part XIII the intended uses of the organization's endowment funds.

JL^ Land , Buildings, and Equipment.Complete if the organization answered "Yes" to Form 990, Part IV, line 11 a. See Form 990, Part X, line 10.

Description of property (a) Cost or other basis

(investment)

(b) Cost or other basis

(other)

(c) Accumulated

depreciation

(d) Book value

la Land . . . . . . . . . . . 100,000 - 100,000

b Buildings . . . . . . . . . . 108,536 23,115 85,421

c Leasehold improvements . . . . 1,131,640 518,475 613,165

d Equipment . . . . . . 910462 423,512 486,950

e Other . . . . . . . . . 298,549 197,856 100,693

Total. Add lines 1 a throu gh 1 e. (Column (d) must equal Form 990, Part X, column (B), line 10c. . ► 1,386,229

(a) Current year (b) Prior year (c) Two years back (d) Three years back (e) Four years back

Schedule D (Form 990) 2014


NEMMInvestments - Other Securities.

Complete if the organization answered "Yes" to Form 990, Part IV, line 11 b. See Form 990, Part X, line 12.

(a) Description of security or category (b) Book value ( c) Method of valuation

(including name of security ) Cost or end -of-year market value

(1) Financial derivatives . . . . . . . . . . . . . . .

(2) Closely-held equity interests . . . . . . . . . . . . .

(3) Other(A)

(B)

(C)

(D)

(E)

(F)

(G)

(H)

Total. (Column (b) must equal Form 990, Part X, col (B) line 12) ►Investments - Program Related.Complete if the oroanlzation answered "Yes" to Form 990. Part IV, line 11 c. See Form 990. Part X, line 13.

(a) Description of investment ( b) Book value (c) Method of valuation

Cost or end -of-year market value

(1)

(2 )

(3)

(4)

(5)

(6)

(8)

(9)Total. (Column (b) must equal Form 990, Part X, col (B) line 13) ►NO" Other Assets.

Complete if the organization answered "Yes" to Form 990, Part IV, line 11d. See Form 990, Part X, line 15.(a) Description (b) Book value

Total . (Column (b) must equal Form 990, Part X, col (B) line 15 ) . . . . . . . . . . . . ►S Other Liabilities.

Complete if the organization answered "Yes" to Form 990, Part IV, line 11e or 11f. See Form 990, Part X,line 25.

2. Liability for uncertain tax positions. In Part XIII, provide the text of the footnote to the organization's financial statements that reports the

organization's liability for uncertain tax positions under FIN 48 (ASC 740). Check here if the text of the footnote has been provided in Part XIII fl



PV^ Reconciliation of Revenue per Audited Financial Statements With Revenue per Return.

Complete if the organization answered "Yes" to Form 990, Part IV, line 12a.

1 Total revenue, gains, and other support per audited financial statements . . . . . . . . . 1 3,839,388

2 Amounts included on line 1 but not on Form 990, Part VIII, line 12: r v`f

a Net unrealized gains (losses) on investments . . . . . . . . . 2a

b Donated services and use of facilities . . . . . . . . 2b

c Recoveries of prior year grants . . . . . . . . . . . . . 2c yG'r

d Other (Describe in Part XIII .) . . . . . . . . . . . . . . . 2d

e Add lines 2a through 2d . . . . . . . . . . . . . . . . . . . . . . . . . 2e

3 Subtract line 2e from line 1 . . . . . . . . . . . . . . . . . . . 3

4 Amounts included on Form 990, Part VIII, line 12, but not on line 1

a Investment expenses not included on Form 990, Part VIII, line 7b . 4a

b Other (Describe in Part XIII) . . . . . . . . . . . . . . . 4b

c Add lines 4a and 4b . . . . . . . . . . . . . . . . . . . . . . 4c5 Total revenue. Add lines 3 and 4c. (This must equal Form 990, Part line 12.) . . . . . . . 5 3,839,388

Reconciliation of Expenses per Audited Financial Statements With Expenses per Return.Complete if the organization answered "Yes" to Form 990, Part IV, line 12a.

1 Total expenses and losses per audited financial statements . . . . . . . . . . . . . 1 3,840,732

2 Amounts included on line 1 but not on Form 990, Part IX, line 25: _

a Donated services and use of facilities . . . . . . . . . . . 2a

7f}b Prior year adjustments . . . . . . . . . . . . 2b "

c Other losses . . . . . . . . . . . . . . . . . . . . 2c

d Other (Describe in Part XIII.) . . . . . . . . . . . . . . . 2d

e Add lines 2a through 2d . . . . . . . . . . . . . . . . . . . . . . . . . 2e

3 Subtract line 2e from line 1 . . . . . . 3

4 Amounts included on Form 990, Part IX, line 25, but not on line 1: "g

a Investment expenses not included on Form 990, Part VIII, line 7b . 4ainb Other (Describe in Part XIII.) . . . . . . . . . . . . . . 4b

c Add lines 4a and 4b . . . . . . . . . . . . . . . . . . . . . . . . . 4c5 Total expenses Add lines 3 and 4c. (This must equal Form 990, Part 1, line 18.) . 5 3,840,732

Supplemental Information.Provide the descriptions required for Part 11, lines 3, 5, and 9, Part III, lines 1 a and 4, Part IV, lines 1 b and 2b; Part V, line 4; Part X, line2; Part XI, lines 2d and 4b, and Part XII, lines 2d and 4b Also complete this part to provide any additional information.

NONE



Supplemental Information (continued)


SCHEDULE L Transactions With Interested Persons OMB No 1545-0047

(Form 990 or 990-EZ) ► Complete if the organization answered "Yes" on Form 990, Part IV, line 25a, 25b, 26, 27 , 28a, O28b, or 28c , or Form 990- EZ, Part V, line 38a or 40b.

Department of the Treasury 10 ' Attach to Form 990 or Form 990-EZ.Internal Revenue Service ► Information about Schedule L (Form 990 or 990- EZ) and its instructions is at www.irs. gov/form990.



Excess Benefit Transactions (section 501(c)(3), section 501(c)(4), and 501(c)(29) organizations only).

Complete if the organization answered "Yes" on Form 990, Part IV, line 25a or 25b, or Form 990-EZ, Part V, line 40b.

N f d l fi d1(b) Relationship between disqualified person and

t nf tD t(d) Corrected?

ame o i person(a) isqua e organizationransac io(c) escrip i on o

Yes No

(1)

(2)

(3)

(4)

(5)

(6)2 Enter the amount of tax incurred by the organization managers or disqualified persons during the year

under section 4958 . . . . . . . . . . . . . . . . . . . . . . . . . . ►3 Enter the amount of tax, if any, on line 2, above, reimbursed by the organization . . ►

JjM Loans to and/or From Interested Persons.Complete if the organization answered "Yes" on Form 990-EZ, Part V, line 38a or Form 990, Part IV, line 26; or if theorganization reported an amount on Form 990, Part X, line 5, 6, or 22.

(a) Name of interested person (b) Relationshipwith organization

(c) Purpose of

loan

(d) Loan to or

from theorganization?

(e) Originalprincipal amount

(f) Balance due (g) In default? (h) Approved

by board orcommittee?

(1) Writtenagreement?

To From Yes No Yes No Yes No

(1) Donna L Mengel Owner/Director Working 3 181,977 69,489 3 3 3

(2) Capital

(3)(4)

(5)

(6)

(7)

(8)

(9)(10)

Total ►Grants or Assistance Benefiting Interested Persons.Complete if the organization answered "Yes" on Form 990, Part IV, line 27.

(a) Name of interested person (b) Relationship between interestedperson and the organization

(c) Amount of assistance (d) Type of assistance (e) Purpose of assistance

(1)

(2)

(3)

(4)

(5)

(6)

(7)(8)(9)

(10)

For Paperwork Reduction Act Notice , see the Instructions for Form 990 or 990-EZ. Cat No 50056A Schedule L (Form 990 or 990- EZ) 2014

Schedule L (Form 990 or 990-EZ) 2014 Page 2

Business Transactions Involving Interested Persons.

Complete if the organization answered "Yes" on Form 990, Part IV, line 28a, 28b, or 28c.

(a) Name of interested person (b) Relationship between

interested person and the

organization

(c) Amount of

transaction

(d) Description of transaction (e) Sharing of

organization's

revenues'

Yes No

(1) Donna L. Mengel Owner, Director 483,836 Facilities Rental 3

(2)(3)(4)

(5)

(6)

(7)(8)(9)

(10)Supplemental InformationProvide additional information for responses to questions on Schedule L (see instructions).

NONE -

Schedule L (Form 990 or 990-EZ) 2014

SCHEDULE M

(Form 990)

Department of the TreasuryInternal Revenue Service

Name of the organization

Lamb Foundation

Noncash Contributions

► Complete if the organizations answered "Yes" on Form 990, Part IV, lines 29 or 30.

► Attach to Form 990.

► Information about Schedule M (Form 990) and its instructions is at www.irs.gov/form990.

OMB No 1545-0047

P.0 13

Employer identification number

23-2482780

Types of Property

Check ifapplicable

Number of contributions or

items contributed

(c)Noncash contributionamounts reported on

Form 990, Part VIII, line 1g

(dMethod of determining

noncash contribution amounts

1 Art -Works of art . . . . .

2 Art-Historical treasures . . .

3 Art-Fractional interests . . .

4 Books and publications . . .

5 Clothing and household

goods . . . .

6 Cars and other vehicles . . .

7 Boats and planes . . . . .

8 Intellectual property .

9 Securities- Publicly traded

10 Securities-Closely held stock .11 Securities-Partnership, LLC,

or trust interests . . . . .

12 Securities-Miscellaneous

13 Qualified conservationcontribution- Historicstructures . . . . . . .

14 Qualified conservation

contribution-Other . . . .

15 Real estate-Residential . . .

16 Real estate-Commercial . .

17 Real estate-Other . . . . .

18 Collectibles . . .19 Food inventory . . . 3 n/a $465,071

20 Drugs and medical supplies .

21 Taxidermy . . . . . .

22 Historical artifacts . . . . .

23 Scientific specimens . . . .

24 Archeological artifacts . . .

25 Other ► ( Director Services ) 3 n/a $100,000

26 Other ► ( Legal Service ) 3 n/a $50,000

27 Other ►28 Other ►29 Number of Forms 8283 received by the organization during the tax year for contributions for

which the organization completed Form 8283, Part IV, Donee Acknowledgement . . . 29 0

Yes No

30a During the year, did the organization receive by contribution any property reported in Part I, lines 1 through

28, that it must hold for at least three years from the date of the initial contribution, and which is not required

to be used for exempt purposes for the entire holding periods . . . . . . . . . . . . 30ab If "Yes," describe the arrangement in Part II.

31 Does the organization have a gift acceptance policy that requires the review of any non-standard

contributions? . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 31 3

32a Does the organization hire or use third parties or related organizations to solicit, process, or sell noncash

contributions? . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 32a 3

b If "Yes," describe in Part II.

33 If the organization did not report an amount in column (c) for a type of property for which column (a) is checked,

descnbe in Part II.

For Paperwork Reduction Act Notice , see the Instructions for Form 990 . Cat. No 51227J Schedule M (Form 990) (2014)

Schedule M (Form 990) (2014) Page 2

Supplemental Information . Provide the information required by Part I, lines 30b, 32b, and 33, and whether

the organization is reporting in Part I, column (b), the number of contributions, the number of items received,

or a combination of both. Also complete this part for any additional information.

NONE

Schedule M (Form 990) (2014)

SCHEDULE 0 ' Supplemental Information to Form 990 or 990-EZ OMB No 1545-0047(Form 990 or 990-EZ) Complete to provide information for responses to specific questions on

0 1 3Form 990 or 990-EZ or to provide any additional information.

Department of the Treasury ► Attach to Form 990 or 990- EZ. Open

Internal Revenue Service ► Information about Schedule 0 (Form 990 or 990-EZ) and its instructions is at www. irs.gov/form990. Inspection



Part IV,_ Section A, Item 2_Donna L_ Mengel, Director and President, is married to Daniel H. O'Connell, Sr. General

- - ----------------------------------------------------------------------------------------

Counsel_ Both reside at 427 South Main St., North Wales, PA 19454. Daryl Mengel,_ 408 Shearer St_ North Wales,_

PA 19454 is brother of Donna L_ Mengel and employed by Lamb Foundation in its Maintenance Dept_ _

Part IV, Section A, Items 6 and 7a - Lamb Foundation's sole shareholder is Donna L. Mengel. Directors are selected------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------

andappojnted by_the_shareholders______________________________________________ -----------------------------------------------------------------------------

Part IVY Section_ A,_ Item_8b_:_Lamb _Foundation_has no committee with authvrity_to_act on hehalf of the governing body.

Part IV Section B, Item 11A - This Form 990 is reviewed by the Director and Officers of Lamb Foundation before filing.------------------------------------------------------------------------- ----- -

Part IV, Section B Items 15 aft - Directors and Officers serve without-compensation Value of Director's and Officer's- ----- -------1------------------- --- ----------------------- ------------------ -

services are determined by fair market value at time of audit, and is disclosed as Contributed Service and--------------------------------------------------------------------------------------------------- ------------------------------------ -----------------•---------

expressed in Lamb Foundation financial statements and footnotes.-------------------------------------------------------------------------------------------- ----------------------------------------------------------- ---------------------------

Part IV, Section C, Item 19 - Governing Documents, Conflict of Interest Policy and financial reports of the Organization------------------------ ------------------------------------------------------------------------------------ ------------------------------------ ----------------- ---------

are available for review at offices of the Organization upon prior written request.

------------------------------------------------------------------------------------------------------------------------------------------------------------------------------

------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------

For Paperwork Reduction Act Notice , see the Instructions for Form 990 or 990-EZ. Cat No 51056K Schedule 0 (Form 990 or 990-EZ) (2013)

The Lamb Foundation(a not-for-profit corporation)Audited Financial StatementsFor the Fiscal Years EndedSeptember 30, 2014 & 2013

>•

The Lamb Foundation

(a not-for-profit corporation)

Table of Contents

Independent Auditors' Report 2

Statement of Financial Position 3-4

Statement of Activities and Changes in Net Assets 5

Statement of Cash Flows 6-7

Notes to Financial Statements 8-13

Schedule of Support and Revenue 14

Schedule of Program Expenses 15

Schedule of General and Administrative Expenses 16

Page 1

Cwienkala & SalfiCertified Public Accountants1911 West Point Pike, POB 285West Point, PA 19486-0285

Independent Auditors' Report

To the Board of DirectorsThe Lamb FoundationNorth Wales, PA 19454

Ladies and Gentlemen:

We have audited the accompanying statements of financial position of The LambFoundation (a not-for-profit corporation) as of September 30, 2014 and 2013 and thestatements of activities and changes in net assets, and cash flows and the relatedschedules of support and revenues and program expenses and general andadministrative expenses for the fiscal years then ended. These financial statements arethe responsibility of the Lamb Foundation's management. Our responsibility is toexpress an opinion on these financial statements based on our audit.

We conducted our audit in accordance with auditing standards generally accepted in theUnited States of America. Those standards require that we plan and perform the auditto obtain reasonable assurance about whether the financial statements are free ofmaterial misstatement. An audit includes examining, on a test basis, evidencesupporting the amounts and disclosures in the financial statements. An audit alsoincludes assessing the accounting principles used and significant estimates made bymanagement, as well as evaluating the overall financial statement presentation. Webelieve that our audit provides a reasonable basis for our opinion.

In our opinion, the financial statements referred to above present fairly, in all materialrespects, the financial position of The Lamb Foundation as of September 30, 2014 and2013 and the changes in its net assets and its cash flows for the twelve months thenended, in conformity with accounting principles generally accepted in the United Statesof America.

West Point, PennsylvaniaFebruary 3, 2015

Respectfully Submitted,

C-

Cwienkalala & SamCertified Public Accountants

Page 2

r- ^

e.,

The Lamb Foundation(a not-for-profit corporation)

Statement of Financial Positionas of September 30, 2014 & 2013

Assets

Current Assets

Cash in BankCash in Bank Restricted (Note 4)Accounts ReceivableNote Receivable- Jeep (Note 9)Prepaid ExpensesUndeposited Funds

Total Current Assets

Fixed Assets: (Note 1)

Furniture & FurnishingsImprovementsOffice EquipmentVehiclesBuildings and LandAccumulated Depreciation

Total Fixed Assets

Other Assets

Unconditional Promise to Give (Note 7)

Total Other Assets

Total Assets

2014

$ 174,31988

44,8152,939

22,32023.065

267,546

898,2621,040,379

17,142166,196404,004

(1,139,754)

1,386,229

19,123

19,123

$ 1,672,898

2013

$ 144,28688

39,7135,407

19,89016,973

226,357

890,164933,87317,142

141,850373,793

(1,053,897)

1,302,925

28,264

28,264

$ 1.557,546

See accountant's report and notes to financial statementsPage 3


Statement of Financial Position, continuedas of September 30, 2014 & 2013

Liabilities and Net Assets

Current Liabilities

Accounts PayableCredit Card PayableAccrued Salaries ExpenseCustomer Deposits & Credit BalancesAccrued ExpensesCurrent Portion-Long Term Debt (Note 6)Payroll Liabilities

Total Current Liabilities

Long-Term Debt

Notes Payable ( Note 6)Less Current Portion (Note 6)Loan from Shareholder (Note 2)Rents Payable (Note 3)

Total Long-Term Debt

Total Liabilities

Net Assets

Common Stock $10 par value, 100 sharesissued and outstanding

Unrestricted General FundTemporary Restricted Fund

Total Net Assets

Total Liabilities and Net Assets

2014

$ 101,23120,16835,976

442,0760

32,32925.839

657,619

281,408(32, 329)115,689

0

364,768

1,022,387

1,000

649,42188

650,509

$ 1,672, 896

2013

$ 73,26811,07335,990

418,5382,345

28,03522.889

592,138

192,878(28,035)72,75563 , 200

300.798

892,936

1,000

663,52288

664,610

$ 1,557.546



Statement of Activities and Changes in Net Assets

For the Fiscal Years Ended September 30, 2014 & 2013

2014

Support and Revenue (See Schedule)

Operating and Fund Raising Expenses

Program Expenses ( See Schedule)General and Administrative Expenses ( See Schedule)Fund Raising Expenses

Total Operating and Fund Raising Expenses

(Decrease) in Unrestricted Net Assets

Temporary Restricted Net Assets (Note 4)ContributionsRestricted Funds Released

2013

$ 3,839,388 $ 3,590,566

3,414,311426,42012,757

3,853,488

3,248,491332,22611,354

3,592,071

(14,100) (1,505)

00

Decrease ( Increase) in Temporary Restricted Net Assets 0

Net (decrease) in Net Assets (14,100)

Net Assets , Beginning 664,610

Net Assets , Ending $ 650,510

00

0

(1,505)

666,115

$ 664,610


The Lamb Foundation(a not-for-profit corporation)Statement of Cash Flows


2014 2013

Cash Flows from Operating Activities

Cash received from donors and residentsCash paid to suppliers and employeesCash paid for fund raising expensesInterest paid on loans

$ 3,288,841(3,197,564)

(12,757)(12,054)

$ 3,222,245(3,047,310)

(11,354)(10,402)

Net Cash Provided by Operating Activities $ 66,466 $ 153,179

Cash Flows from Investing Activities

Purchase of VehiclesPurchase of Improvements, Furniture & FixturesPayments received on employee receivablesPayments received on notes receivablesSale of VehicleNet Cash Provided (used) by Investing Activities

(67,499)(114,816)

2,4683,0488,900

$ (167,899)

(1,340)(105,123)

3,727(8,103)

0$ (110,839)

Cash Flows from Financing Activities

Loan proceeds used for purchase of vehiclesPrincipal payments on vehicle loansNet (payments) borrowings on Line of CreditNet borrowings/repayments to Director/Shareholder

54,043(16,393)50,88242,934

0(7,799)

(10,222)26,555

Net Cash Provided by Financing Activities

Net Increase in Cash & Equivalents

Cash & Equivalents at Beginning of Period

Cash & Equivalents at End of Period

$ 131,466

$ 30,033

$ 144,374

$ 174,407

$ 8,534

$ 50,874

$ 93,500

$ 144,374


The Lamb Foundation(a not -for-profit corporation)

Statement of Cash Flows, continuedFor the Fiscal Year Ended September 30, 2014 & 2013

Reconciliation of increase ( decrease) in net assets tonet cash provided by operating activities:

(Decrease in Net Assets) $ (14,100) $ (1,505)

Adjustments to reconcile Net Income (Loss) to net Cash:

(Increase) Decrease in:

Accounts ReceivablePrepaid AccountsDonation of 1047 Swede Street

Increase (Decrease) in:

Loss on Asset TradedDepreciation ExpenseAccounts PayableAccrued LiabilitiesCustomer DepositsOther LiabilitiesPayroll Liabilities

(5,102)(2,430)

(30,000)

1,970118,14037,058

(14)23,539(65,545)2,950

$ 80,566

4,248(5,108)

0

0117,751(50, 587)10,21571,2172,3454,603

$ 154,684

Net Cash Provided By (Used In) Operating Activities $ 66,466 $ 153,179


The Lamb Foundation(a not-for-profit corporation)Notes to Financial StatementsSeptember 30, 2014 & 2013

NOTE 1- SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES

Nature of ActivitiesThe Lamb Foundation is a not-for-profit, tax-exempt corporation operating in North Wales, Lansdale,

and West Point, Pennsylvania, dedicated to providing residences for senior and special needpopulations who would otherwise be homeless. Lamb Foundation operates seventy-eight residential

units for approximately two hundred and seventy-seven residents. These residences are leased private

homes and apartments which have been refurbished and furnished to accommodate multiple tenants.

Depending upon the level of assistance selected, the households may be provided with up to twenty-

four hour supervision, cooked meals, cleaning services and assistance with laundry, transportation andmedical appointments. The Corporation also operates a food cupboard which receives food donationsin kind which are made available to needy individuals in the community. Additionally, the LambFoundation operates a retail thrift shop, the proceeds of which subsidize residents' housing expenses,

and also leases warehouse space and an office to administer its operations. During 2009 the

Corporation established "Lamb Manger", an emergency shelter, to provide temporary housing tohomeless individuals. The Lamb Foundation has been designated "Representative Payee" for over 96residents. As "Representative Payee", the organization receives social security payments directly fromthe Social Security Administration and is required to maintain a separate bank account for the collectionand disbursement of said funds. The organization is required to undergo an annual audit by the Social

Security Administration to ascertain compliance of the organization's fiduciary responsibility.

Fixed Assets and DepreciationThe corporation capitalizes furniture and equipment purchases in excess of $500. The corporation'sfurniture, fixtures, autos and equipment are depreciated using the straight-line method over periods offive to seven years. Improvement purchases are depreciated over seven to forty years.

Use of EstimatesThe preparation of financial statements in conformity with generally accepted accounting principlesrequires management to make estimates and assumptions that affect certain reported amounts anddisclosures, accordingly actual amounts could differ from those estimates.

Income TaxesThe corporation is a not-for-profit organization that is exempt from income taxes under IRC section 501(c) (3).

See accountant's audit reportPage 8

The Lamb Foundation(a not-for-profit corporation)Notes to Financial Statements

September 30, 2014 & 2013, continued

Cash and Cash EquivalentsFor purposes of the statements of cash flows, the corporation considers all highly liquid investments

available for current use with an initial maturity of one year or less to be cash equivalents.

Contributed ServicesSee Note 5.

NOTE 2 - RELATED PARTY TRANSACTIONS

Facility LeasesThe corporation leases its operating facilities from its Director and President. The facilities are leased

at fair market value for a term of one year with a one year option to renew. The corporation's lease

commitments at September 30, 2014 and 2013 were as follows:2014 2013

213 East Walnut Street, North Wales, PA $ 28,000 $ 26,613

101 East Main Street, Lansdale, PA 19,000 21,500

205 North Main Street, North Wales, PA 15,000 17,000


228 South Main Street, North Wales, PA 16,500 17,500






499 East Walnut Street, North Wales, PA 9,000 12,000




211 School Street, North Wales, PA 26,000 26,500




122 South Fifth Street, North Wales, PA 22,000 23,000

116-118 South Fifth Street, North Wales, PA 26,000 26,000

618 East Montgomery Avenue, North Wales, PA 12,900 19,000

112 West Elm Avenue, North Wales, PA 21,000 20,000

700 East Walnut Avenue, North Wales, PA 44,000 46,500

1848 West Point Pike, West Point, PA 24,000 23,000

708 East Walnut Street, North Wales, PA 16.000 18.000$ 522m613

See accountants audit reportPage 9



Loans from ShareholderThe corporation had long-term non interest bearing advances payable to Donna L. Mengel at

September 30, 2014 and 2013 in the amount of $115,689 and $72,755, respectively. The corporation

borrowed $102,824 and $99,575 during the fiscal years ended September 30, 2014 and 2013,

respectively from Donna L. Mengel. Repayments amounted to $59,890 and $73,020 for the fiscal

years ended September 30, 2014 and 2013.

NOTE 3 - RENTS PAYABLE TO RELATED PARTY FOR FACILITY RENTAL EXPENSE

The corporation accounts for facility rentals using the accrual basis of accounting to accurately report

rental expense based on contractual lease commitments and to quantify the amount of rental

forgiveness, if any, agreed to by lessor (See Note 2). Rental obligations and rental payments were as

follows for the fiscal years ended September 30, 2014 and 2013.

2014 2013

Rental Obligation per Lease Agreements, for thefiscal year ended September 30 $483,836 $ 522,613

Cash Rental Payments Received $483,836 $ 482,412

Unpaid Rents Payable to Related Party -0- 63,200

Unpaid rents are a long-term obligation, payable to its Director and President, Donna L.

Mengel, and have been carried since 2002. During 2014 unpaid rents were forgiven and recorded

as income.

NOTE 4 - TEMPORARY RESTRICTED NET ASSETS

Restricted donations received for the twelve month periods ending September 30, 2014

and 2013 were as follows:

Lamb Manger Emergency Shelter 0 0Health Promotion Council 0 0

Restricted Funds Received: 0 0

Restricted Funds Released: 0 0

At September 30, 2014 and 2013, $88 of restricted funds were available for future use.




NOTE 5 - DONATED SERVICES AND FOOD

SFAS No. 116 requires the fair value of donated services to be recognized in the financial statements if

the services require specialized skills, are provided by persons possessing those skills, and would needto be purchased if they were not donated. During the fiscal years ended September 30, 2014 and

2013, the corporation has recognized the contribution of services from its managing director, Donna L.

Mengel at fair market value of $100,000 for each year. The corporation was also donated legal services

required to represent the corporation in various legal matters in the amount of $50,000 by Daniel H.

O'Connell, Sr., Esquire. These services have been recognized in the Statement of Activities as both a

contribution and expense. The corporation also receives donations of food from several donors. The

donations are consumed by residents and are used in the "Cornucopia" program. These food

donations amounted to $465,071 and $288,678 in the fiscal years ended September 30, 2014 and

2013, respectively, and have been recorded in the statement of activities as both a contribution and an

expense.

NOTE 6 - NOTES PAYABLE

Notes Payable at September 30th consisted of the following:2014 2013

Note Payable to RBS Citizens, payable in monthly installments of -0- 12,340

$450.63, including interest at 4.45%. Loan matures March 2016,collateralized by 2010 Chrysler Town and Country Van. Loan waspaid off in August 2014.

Note Payable #42604155 to First Niagara Bank , payable in monthly 75,017 93,369

Installments of $1,809.19 including interest at 4.00%, maturingJune 1, 2018, collateralized by real estate at 690-700 East WalnutStreet and 708 East Walnut Street , North Wales, PA.

Note Payable #4600025698 to First Niagara Bank, payable in 82,003 87,169Monthly payments of $821.14, including interest at the rate of 5.50%,maturing February 28,2021 collateralized by real estate at 708 EastWalnut Street, North Wales, PA.

Note Payable to American Heritage Federal Credit Union, payable in 23,008 -0-

Monthly Installments of $488.83, including interest at 4.246%. Loan

matures January 2019, collateralized by 2006 Ford F-350 Deisel.

See accountants audit report

Page 11



NOTE 6 - NOTES PAYABLE, continued

Note Payable to Chrysler Capital , payable in monthly installments of$451.40, including interest at 5.790%. Loan matures September 2020,Collateralized by 2014 Chrysler Town & Country Van.

$75,000 Line of Credit to Univest Bank & Trust, collateralizedby properties: 101 E. Main St. Lansdale, PA and 211 SchoolStreet, North Wales, PA. Loan matures July, 2016. The interest rateis variable, based on the index of Univest Bank & Trust Co. announcedprime rate.

Total Notes PayableLess Current Portion

Total Long Term Notes Payable

NOTE 7- PROMISE TO GIVE

2014 2013

26,980 - 0 -

74,400

281,408(32 , 329)

-0-

192,8782(8.035)

Unconditional promises to give consist of a promise receivable from the Steven Santa Maria Family togive $10,000 per year for the next two years. The promise is unrestricted and has been recognized atfair value using present value techniques and a discount rate of 3%. The unconditional promise wasmade in August 2012 as a five year commitment.

NOTE 8 - EVALUATION OF SUBSEQUENT EVENTS

The organization has evaluated subsequent events through February 3, 2015, the date whichthe financial statements were available to be issued.

NOTE 9 - NOTE RECEIVABLE

The Lamb Foundation holds a note receivable for a Jeep from Donald Mengel . The note was created7/30/11 for $10,000. The interest rate is 10% with weekly payments of $83, in which auto insurance is

included in the payment. The loan term is until the loan is paid off. The loan period may varydepending on insurance costs.

See accountant's audit reportPage 12



NOTE 10 -GUARANTEES

The Lamb Foundation has guaranteed a Note Payable to First Niagara Bank in the amounts of

$471,767 and $479,822, at September 30, 2014 and 2013, respectively. The note holder is Donna

Mengel, Director and Sole Shareholder. The note is secured by 700 East Walnut Street, North Wales,

PA, owned by Donna Mengel and leased to the Lamb Foundation.



Schedule of Support & RevenueFor the Fiscal Years Ended September 30, 2014 & 2013

2014 2013

Contributions and DonationsReimbursed ExpensesContributed Food, (Note 5)Contributed Services (Note 5)Resident Program FeesCamp & Program IncomeThrift Shop Revenue (net)Other Income

$ 129,716 $ 120,02432,511

465,071150,000

2,923,512114,09318,2886,197

Total Support & Revenue

59,288288,678150,000

2,839,13799,23225,0879,120

$ 3,839,388 _L--,590,566



Schedule of Program ExpensesFor the Fiscal Year Ended September 30, 2014 & 2013

2014 2013

Automobile Expense $ 32,581 $ 41,859Depreciation Expense 118,140 117,751Food 315,836 316,739Equipment Rental 40 1,440Cornucopia Cupboard 96,916 0Furniture / Home Furnishing 2,131 8,285Housing Supplies 20,522 18,431Insurance 92,621 129,190Landscaping 10,711 44,625Licenses and Permits 4,734 5,526Payroll Expenses 1,387,276 1,293,677Pest Abatement 2,723 3,743Program Expenses 196,170 134,855Rent 483,836 482,412Repairs and Maintenance 39,961 102,124Supplies 6,814 7,630Taxes- Real Estate 137,695 129,748Utilities: Electric 115,793 102,799Utilities:Cable/Fios 62,334 63,882Utilities:Water and Sewer 90,722 86,704

Utilities:Fuel for homes 133,859 99,466Utilities:Telephone 28,149 27,079Utilities:Trash 34,748 30,526

Total Program Expenses $ 3,414,312 $ 3,248,491


I


Schedule of General & Administrative Expenses


2014 2013

Demonstrations $ 0 $ 1,372

Donations/Contributions 2,800 6,750Food Donations 64,442 0Entertainment 2,192 1,965Membership Dues 75 75Miscellaneous (40) 524Office Expense 7,814 6,664

Payroll- Office 167,312 140,334

Employee Background Check 50 160

Directors Salary (See Note 5) 100,000 100,000

Postage and Delivery 459 698Professional Fees ( See Note 5) 55,520 57,550Bank Loan Interest (See Note 6) 12,054 10,402Service Charges 12,721 5,530Training Expense 1 ,021 202

Total General & Administrative Expenses $ 426,420 $ 332,226
