Skip to content
ProPublica Donate
ProPublica Donate

L Brands Foundation

Organization summary

Type of Nonprofit

Designated as a Organizations for any of the following purposes: religious, educational, charitable, scientific, literary, testing for public safety, fostering national or international amateur sports competition (as long as it doesn't provide athletic facilities or equipment), or the prevention of cruelty to children or animals.

Category: Philanthropy, Voluntarism and Grantmaking Foundations / Single Organization Support (NTEE)

Donations to this organization are tax deductible.

Summary charts: organization finances over time

Revenue
$108k (2023)

Expenses
$10.1M (2023)

Total Assets
$0 (2023)

Total Liabilities
$0 (2023)

Source: Form 990 tax filings from 2011 to 2023

Tax Filings by Year

Form 990 is an information return that most organizations claiming federal tax-exempt status must file yearly with the IRS. Nonprofit Explorer has IRS digitized Form 990 data for filings processed in 2012 and later. If this organization filed an amended return, it may not be reflected below. Duplicate download links may indicate a resubmission or amendment to this organization's original return. Form 990 data is from the IRS.

Fiscal Year Ending Dec.
2023

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$107,607
Expenses
$10,129,871
Net Income
-$10,022,264
Net Assets
$0
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $0
Investment Income $107,607
100%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $0
Total Liabilities $0
Net Assets $0
Compensation
Key Employees and Officers Compensation Related Other
Timothy J Faber (Chair/Trustee) $0 $0 $0
Douglas F Kridler (Secretary/Vice Chair/Trust) $0 $574,139 $105,945
Scott G Heitkamp (Treasurer/Trustee) $0 $305,028 $63,469
Ronak P Fields (President) $0 $0 $0

Document Links

Fiscal Year Ending Dec.
2022

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$134,670
Expenses
$905,640
Net Income
-$770,970
Net Assets
$10,022,264
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $0
Investment Income $134,670
100%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $10,022,264
Total Liabilities $0
Net Assets $10,022,264
Compensation
Key Employees and Officers Compensation Related Other
Timothy J Faber (Chair/Trustee) $0 $0 $0
Douglas F Kridler (Secretary/Vice Chair/Trust) $0 $605,659 $51,618
Scott G Heitkamp (Treasurer/Trustee) $0 $355,752 $58,454
Ronak P Fields (President) $0 $0 $0

Document Links

Fiscal Year Ending Dec.
2021

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$42,020,639
Expenses
$34,924,973
Net Income
$7,095,666
Net Assets
$10,793,234
Notable Sources of Revenue Percent of Total Revenue
Contributions $42,000,000
100.0%
Program Services $0
Investment Income $20,639
0.0%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $10,808,234
Total Liabilities $15,000
Net Assets $10,793,234
Compensation
Key Employees and Officers Compensation Related Other
Timothy J Faber (Chair/Trustee) $0 $0 $0
Abigail S Wexner (Chair/Trustee (Thru 9/16/21)) $0 $0 $0
Nancy J Kramer (Vice Chair/Trustee (Thru 9/16/21)) $0 $0 $0
Mary Beth Meuse (Vice Chair/Trustee (Thru 9/16/21)) $0 $0 $0
Alex Shumate (Vice Chair/Trustee (Thru 9/16/21)) $0 $0 $0
Douglas F Kridler (Secretary/Vice Chair/Trustee) $0 $541,279 $102,138
Scott G Heitkamp (Treasurer/Trustee) $0 $250,751 $53,696
Ronak P Fields (President) $0 $0 $0

Document Links

Fiscal Year Ending Dec.
2020

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$8,043,679
Expenses
$7,690,579
Net Income
$353,100
Net Assets
$3,692,568
Notable Sources of Revenue Percent of Total Revenue
Contributions $8,000,000
99.5%
Program Services $0
Investment Income $58,290
0.7%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets -$14,611
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $3,717,568
Total Liabilities $25,000
Net Assets $3,692,568
Compensation
Key Employees and Officers Compensation Related Other
Alex Shumate (Vice Chair/Trustee) $0 $0 $0
Abigail S Wexner (Chair/Trustee) $0 $0 $0
Timothy J Faber (Secretary/Treas/Trustee) $0 $0 $0
Nancy J Kramer (Vice Chair/Trustee) $0 $0 $0
Mary Beth Meuse (Vice Chair/Trustee) $0 $0 $0
Ronak P Fields (President (As Of 11/19/20)) $0 $0 $0
Douglas F Kridler (Asst Secretary) $0 $526,038 $101,206
Scott G Heitkamp (Asst Treasurer) $0 $230,961 $52,149

Document Links

Fiscal Year Ending Dec.
2019

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$10,176,274
Expenses
$10,751,224
Net Income
-$574,950
Net Assets
$1,227,145
Notable Sources of Revenue Percent of Total Revenue
Contributions $10,000,006
98.3%
Program Services $0
Investment Income $206,250
2.0%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets -$29,982
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $4,029,637
Total Liabilities $2,802,492
Net Assets $1,227,145
Compensation
Key Employees and Officers Compensation Related Other
Alex Shumate (Vice Chair/Trustee) $0 $0 $0
Abigail S Wexner (Chair/Trustee) $0 $0 $0
Timothy J Faber (Secretary/Treas/Trustee) $0 $0 $0
Nancy J Kramer (Vice Chair/Trustee) $0 $0 $0
Mary Beth Meuse (Vice Chair/Trustee) $0 $0 $0
Janelle N Coleman Thru 8219 (President) $0 $0 $0
Douglas F Kridler (Asst Secretary) $0 $553,945 $99,735
Scott G Heitkamp (Asst Treasurer) $0 $223,497 $49,418

Document Links

Fiscal Year Ending Dec.
2018

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$6,845,926
Expenses
$12,323,975
Net Income
-$5,478,049
Net Assets
$1,709,324
Notable Sources of Revenue Percent of Total Revenue
Contributions $6,642,299
97.0%
Program Services $0
Investment Income $339,247
5.0%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets -$135,620
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $7,167,397
Total Liabilities $5,458,073
Net Assets $1,709,324
Compensation
Key Employees and Officers Compensation Related Other
Alex Shumate (Vice Chair/Trustee) $0 $0 $0
Abigail S Wexner (Chair/Trustee) $0 $0 $0
Timothy J Faber (Secretary/Treas/Trustee) $0 $0 $0
Nancy J Kramer (Vice Chair/Trustee) $0 $0 $0
Mary Beth Meuse (Vice Chair/Trustee) $0 $0 $0
Janelle N Coleman (President) $0 $0 $0
Douglas F Kridler (Asst Secretary) $0 $437,690 $99,545
Scott G Heitkamp (Asst Treasurer) $0 $207,943 $47,877

Document Links

Fiscal Year Ending Dec.
2017

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$823,219
Expenses
$21,361,833
Net Income
-$20,538,614
Net Assets
$7,050,771
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $0
Investment Income $970,015
> 100%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets -$146,796
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $15,951,857
Total Liabilities $8,901,086
Net Assets $7,050,771
Compensation
Key Employees and Officers Compensation Related Other
Alex Shumate (Vice Chair/Trustee) $0 $0 $0
Abigail S Wexner (Chair/Trustee) $0 $0 $0
Timothy J Faber (Secretary/Treas/Trustee) $0 $0 $0
Nancy J Kramer (Vice Chair/Trustee) $0 $0 $0
Mary Beth Meuse (Vice Chair/Trustee) $0 $0 $0
Janelle N Coleman (President) $0 $0 $0
Douglas F Kridler (Asst Secretary) $0 $676,215 $98,699
Scott G Heitkamp (Asst Treasurer) $0 $190,419 $35,458

Document Links

Fiscal Year Ending Dec.
2016

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$979,334
Expenses
$27,348,518
Net Income
-$26,369,184
Net Assets
$27,039,224
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $0
Investment Income $1,723,651
> 100%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets -$744,317
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $38,594,195
Total Liabilities $11,554,971
Net Assets $27,039,224
Compensation
Key Employees and Officers Compensation Related Other
Alex Shumate (Vice Chair/Trustee) $0 $0 $0
Abigail S Wexner (Chair/Trustee) $0 $0 $0
Timothy J Faber (Secretary/Treas/Trustee) $0 $0 $0
Nancy J Kramer (Vice Chair/Trustee) $0 $0 $0
Mary Beth Meuse (Vice Chair/Trustee) $0 $0 $0
Janelle N Simmons (President) $0 $0 $0
Douglas F Kridler (Asst Secretary) $0 $369,141 $103,216
Raymond J Biddiscombe (Asst Treasurer (To 6.27.16)) $0 $151,023 $23,755
Scott G Heitkamp (Asst Treasurer (From 6.27.16)) $0 $134,586 $12,333

Document Links

Fiscal Year Ending Dec.
2015

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$1,248,146
Expenses
$28,593,614
Net Income
-$27,345,468
Net Assets
$52,358,548
Notable Sources of Revenue Percent of Total Revenue
Contributions $5
0.0%
Program Services $0
Investment Income $2,222,275
> 100%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets -$974,134
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $56,109,423
Total Liabilities $3,750,875
Net Assets $52,358,548
Compensation
Key Employees and Officers Compensation Related Other
Alex Shumate (Vice Chair/Trustee) $0 $0 $0
Abigail S Wexner (Chair/Trustee) $0 $0 $0
Timothy J Faber (Secretary/Treas/Trustee) $0 $0 $0
Nancy J Kramer (Vice Chair/Trustee) $0 $0 $0
Jameson Crane (Vice Chair/Trustee) $0 $0 $0
Douglas L Williams Thru 9115 (Vice Chair/Trustee) $0 $0 $0
Mary Beth Meuse (Vice Chair/Trustee) $0 $0 $0
Janelle N Simmons (President) $0 $0 $0
Douglas F Kridler (Asst Secretary) $0 $358,216 $114,866
Raymond J Biddiscombe (Asst Treasurer) $0 $210,081 $36,098

Document Links

Fiscal Year Ending Dec.
2014

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$1,329,786
Expenses
$21,299,005
Net Income
-$19,969,219
Net Assets
$79,373,426
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $0
Investment Income $3,261,427
> 100%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets -$1,931,641
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $84,622,346
Total Liabilities $5,248,920
Net Assets $79,373,426

Document Links

Fiscal Year Ending Dec.
2013

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$1,510,606
Expenses
$31,220,890
Net Income
-$29,710,284
Net Assets
$98,079,883
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $0
Investment Income $4,067,531
> 100%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets -$2,556,925
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $100,045,149
Total Liabilities $1,965,266
Net Assets $98,079,883
Compensation
Key Employees and Officers Compensation Related Other
Alex Shumate (President/Trustee) $0 $0 $0
Abigail Wexner (Chair/Trustee) $0 $0 $0
Timothy Faber (Secretary/Treas/Trustee) $0 $0 $0
Nancy Kramer (Vice Chair/Trustee) $0 $0 $0
Jameson Crane (Vice Chair/Trustee) $0 $0 $0
Douglas Williams (Vice Chair/Trustee) $0 $0 $0
Mary Beth Meuse (Vice Chair/Trustee) $0 $0 $0
Douglas F Kridler (Asst Secretary) $0 $335,895 $110,706
Raymond J Biddiscombe (Asst Treasurer) $0 $192,079 $38,489

Document Links

Fiscal Year Ending Dec.
2012

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$355,459
Expenses
$10,373,139
Net Income
-$10,017,680
Net Assets
$128,985,380
Notable Sources of Revenue Percent of Total Revenue
Contributions $2,500
0.7%
Program Services $0
Investment Income $562,860
> 100%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets -$209,901
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $130,195,679
Total Liabilities $1,210,299
Net Assets $128,985,380

Document Links

Fiscal Year Ending Dec.
2011

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$150,882,323
Expenses
$14,101,810
Net Income
$136,780,513
Net Assets
$139,300,625
Notable Sources of Revenue Percent of Total Revenue
Contributions $163,435,754
> 100%
Program Services $0
Investment Income $76,975
0.1%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets -$12,630,406
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $140,215,925
Total Liabilities $915,300
Net Assets $139,300,625

Document Links

Fiscal Year Ending Dec.
2010

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending Dec.
2009

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending Dec.
2008

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending Dec.
2007

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending Dec.
2005

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending Dec.
2004

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending Dec.
2003

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending Dec.
2002

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending Dec.
2001

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

About This Data

What Is This Data?

Nonprofit Explorer includes summary data for nonprofit tax returns and full Form 990 documents, in both PDF and digital formats.

The summary data contains information processed by the IRS during the 2012-2019 calendar years; this generally consists of filings for the 2011-2018 fiscal years, but may include older records. This data release includes only a subset of what can be found in the full Form 990s.

In addition to the raw summary data, we link to PDFs and digital copies of full Form 990 documents wherever possible. This consists of separate releases by the IRS of Form 990 documents processed by the agency, which we update regularly.

We also link to copies of audits nonprofit organizations that spent $750,000 or more in Federal grant money in a single fiscal year since 2016. These audits are copied from the Federal Audit Clearinghouse.

Which Organizations Are Here?

Every organization that has been recognized as tax exempt by the IRS has to file Form 990 every year, unless they make less than $200,000 in revenue and have less than $500,000 in assets, in which case they have to file form 990-EZ. Organizations making less than $50,000 don’t have to file either form but do have to let the IRS they’re still in business via a Form 990N "e-Postcard."

Nonprofit Explorer has organizations claiming tax exemption in each of the 27 subsections of the 501(c) section of the tax code, and which have filed a Form 990, Form 990EZ or Form 990PF. Taxable trusts and private foundations that are required to file a form 990PF are also included. Small organizations filing a Form 990N "e-Postcard" are not included in this data.

Types of Nonprofits

There are 27 nonprofit designations based on the numbered subsections of section 501(c) of the tax code. See the list »

Get the Data

For those interested in acquiring the original data from the source, here’s where our data comes from:

  • Raw filing data. Includes EINs and summary financials as structured data.
  • Exempt Organization profiles. Includes organization names, addresses, etc. You can merge this with the raw filing data using EIN numbers.
  • Form 990 documents. Prior to 2017, these documents were obtained and processed by Public.Resource.org and ProPublica. Bulk PDF downloads since 2017 are available from the IRS.
  • Form 990 documents as XML files. Includes complete filing data (financial details, names of officers, tax schedules, etc.) in machine-readable format. Only available for electronically filed documents. Electronic data released prior to October 2021 is also available through Amazon Web Services.
  • Audits. PDFs of single or program-specific audits for nonprofit organizations that spent $750,000 or more in Federal grant money in a single fiscal year. Available for fiscal year 2015 and later.

API

The data powering this website is available programmatically, via an API. Read the API documentation »

See an issue with the data?

Contact Us