The element effects of Lewis acid (LA) and Lewis base (LB) on the potential energy surfaces of [2+5] cycloaddition reactions of norbornene-based G14/P-based (G14 = group 14 element) and Si/G15-based (G15 = group 14 element) frustrated Lewis pair (FLP)-type molecules with benzaldehyde were theoretically examined via density functional theory and several sophisticated methods. The theoretical findings indicated that among the above nine norbornene-linked G14/G15-based FLPs, only the Si/N-Rea, Si/P-Rea, and Si/As-Rea FLP-assisted compounds can readily undergo cycloaddition reactions with doubly bonded organic systems from kinetic and thermodynamic viewpoints. The energy decomposition analysis showed that the bonding interactions between the norbornene-based G14/G15-FLPs and benzaldehyde are better described in terms of the singlet-singlet model (donor-acceptor model) rather than the triplet-triplet model (electron-sharing model). In particular, natural orbitals for chemical valence findings revealed that the forward bonding is the lone pair (G15) → p-π*(C) interaction, which is a significantly strong FLP-to-benzaldehyde interaction. However, the back-bonding is the p-π*(G14) ← lone-pair orbital(O) interaction, which is a weak benzaldehyde-to-FLP interaction. The analyses based on the activation strain model showed that the larger the atomic radius of either the G14(LA) or the G15(LB) atom, the greater the G14⋯G15 separation distance in the norbornene-based G14/G15-FLP molecule, the smaller the orbital overlaps between G14/G15-FLP and Ph(H)CO, and the higher the activation barrier during its cycloaddition reaction with benzaldehyde.