Lyman Fund Inc is located in Temple, NH. The organization was established in 1994. According to its NTEE Classification (T20) the organization is classified as: Private Grantmaking Foundations, under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Lyman Fund Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 06/2023, Lyman Fund Inc generated $31.4k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 3 years, the organization has seen revenues fall by an average of (21.4%) each year. All expenses for the organization totaled $74.8k during the year ending 06/2023. You can explore the organizations financials more deeply in the financial statements section below.
Since 2021, Lyman Fund Inc has awarded 49 individual grants totaling $139,300. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
Form
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2023
Describe the Organization's Program Activity:
Part 3 - Line 4a
PROVIDE SCHOLARSHIPS TO INDIVIDUALS FOR EDUCATIONAL PURPOSES
SPONSOR GATHERING TO DISCUSS ACCOMPLISHMENTS WITH PRIOR YEAR'S GRANT RECIPIENTS
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Charlotte Fardelmann Founder/emeritu | 0 | $0 | |
Allison Randall Director/agent | 1 | $0 | |
Mary Beth Toomey Director | 1 | $0 | |
Tracy Booth Treasurer | 2 | $0 | |
Stephen Cobb Recording Sec | 1 | $0 | |
Lynn Taber Director | 1 | $0 |
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $50 |
| Interest on Savings | $91 |
| Dividends & Interest | $28,086 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $2,700 |
| Capital Gain Net Income | $2,700 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $450 |
| Total Revenue | $31,377 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $1,381 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $12,357 |
| Total operating and administrative expenses | $14,638 |
| Contributions, gifts, grants paid | $60,200 |
| Total expenses and disbursements | $74,838 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $848 |
| Net Accounts receivable | $0 |
| Net Pledges Receivable | $0 |
| Grants receivable | $0 |
| Receivables from Officers, Directors, or Controlling Persons | $0 |
| Net other notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $167,471 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $962,159 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $3,000 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $3,000 |
Over the last fiscal year, Lyman Fund Inc has awarded $60,200 in support to 21 organizations.
| Grant Recipient | Amount |
|---|---|
LAURA HOSKINS PURPOSE: NURTUTING FAITHFULNESS | $3,000 |
WHITNEY MIKKELSEN PURPOSE: FOOD RECOVERY FLORIDA | $3,000 |
FRITZ WEISS PURPOSE: VISITATION TO CUBA-PUENTE | $3,000 |
CAI QUIRK PURPOSE: DISTRIBUTION FRIENDS IN TRANSITION - LGBQ | $3,000 |
SYDNEY MCDOWWELL PURPOSE: VISITATION TO CUBA | $3,000 |
WES LAMBERT PURPOSE: SPIRITUAL GUIDANCE /SHALEM | $3,000 |