Leclerc Charity Fund
- Assets
- $12.8m
- Revenue
- $456.5k
- Investments
- $12.4m
- Employees
- 0
- Location
- Wilmington, DE
- Founding
- 08/1968
- Data as of
- 12/2022
- EIN
- 04-6183548
Organization Overview
Leclerc Charity Fund is located in Wilmington, DE. The organization was established in 1968. 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. Leclerc Charity Fund 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 12/2022, Leclerc Charity Fund generated $456.5k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 8 years, the organization has seen revenues fall by an average of (12.1%) each year. All expenses for the organization totaled $838.7k during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, Leclerc Charity Fund has awarded 490 individual grants totaling $5,492,204. 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.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Jessica Goguen Trustee | 20 | $65,000 | |
Michael Leclerc Trustee | 1 | $0 | |
Armand Marcotte Trustee | 1 | $0 | |
Francis S Wyman Trustee | 2 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Foundation Source | 12/30/22 | $63,065 |
Alliance Bernstein Lp | 12/30/22 | $59,098 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $4,312 |
| Dividends & Interest | $192,106 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $185,123 |
| Capital Gain Net Income | $185,123 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $74,944 |
| Total Revenue | $456,485 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $65,000 |
| Other employee salaries and wages | $32,500 |
| Pension plans, employee benefits | $7,459 |
| Interest | $0 |
| Taxes | $6,714 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $66,350 |
| Total operating and administrative expenses | $238,746 |
| Contributions, gifts, grants paid | $600,000 |
| Total expenses and disbursements | $838,746 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $475,555 |
| 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 | $2,789,125 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $12,845,009 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| 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 | $0 |
Grants Awarded
Over the last fiscal year, Leclerc Charity Fund has awarded $600,000 in support to 42 organizations.
| Grant Recipient | Amount |
|---|---|
ASSUMPTION UNIVERSITY PURPOSE: RAYMOND AND LORRAINE LECLERC ENDOWED SCHOLARSHIP FUND | $50,000 |
BEACON OF HOPE COMMUNITY SERVICES INC PURPOSE: GENERAL & UNRESTRICTED | $15,000 |
CARDINAL CUSHING CENTERS INC PURPOSE: GENERAL & UNRESTRICTED | $5,000 |
CARE NET PREGNANCY RESOURCE CENTER OF NORTH CENTRA PURPOSE: GENERAL & UNRESTRICTED | $5,000 |
CIRCLE OF CARE FOR FAMILIES WITH CANCER PURPOSE: GENERAL & UNRESTRICTED | $25,000 |
COLLINS HOME AND FAMILY MINISTRIES PURPOSE: GENERAL & UNRESTRICTED | $35,000 |