Lily Auchincloss Foundation Inc is located in New York, NY. The organization was established in 1997. According to its NTEE Classification (A40) the organization is classified as: Visual Arts, under the broad grouping of Arts, Culture & Humanities and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Lily Auchincloss Foundation 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 12/2022, Lily Auchincloss Foundation Inc generated $2.3m in total revenue. The organization has seen a slow decline revenue. Over the past 8 years, revenues have fallen by an average of (2.4%) each year. All expenses for the organization totaled $4.3m during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, Lily Auchincloss Foundation Inc has awarded 1,229 individual grants totaling $23,187,400. 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.
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Alexandra Herzan Director, Pres & Treasurer | 10 | $20,000 | |
Paul K Herzan Director, VP & Treasurer | 0 | $0 | |
Lee Auchincloss Link Director | 0 | $0 | |
Janet Levoff Director | 0 | $0 | |
James Gara Director | 0 | $0 |
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $930,456 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $1,384,459 |
| Capital Gain Net Income | $1,384,459 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $2,314,915 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $20,000 |
| Other employee salaries and wages | $169,525 |
| Pension plans, employee benefits | $164,357 |
| Interest | $0 |
| Taxes | $218,994 |
| Depreciation | $0 |
| Occupancy | $2,695 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $210 |
| Other expenses | $70,160 |
| Total operating and administrative expenses | $1,086,380 |
| Contributions, gifts, grants paid | $3,171,000 |
| Total expenses and disbursements | $4,257,380 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $4,490,029 |
| Savings and temporary cash investments | $0 |
| 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 | $10,331,997 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $44,681,116 |
| 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 |
Over the last fiscal year, Lily Auchincloss Foundation Inc has awarded $3,171,000 in support to 158 organizations.
| Grant Recipient | Amount |
|---|---|
AMERICAN FOLK ART MUSEUM PURPOSE: GENERAL PURPOSE | $25,000 |
ID STUDIO THEATER PERFORMANCE AND RESEARCH CENTER PURPOSE: GENERAL PURPOSE | $10,000 |
FABSCRAP PURPOSE: GENERAL PURPOSE | $10,000 |
LONG ISLAND COMMUNITY FOUNDATION PURPOSE: GENERAL PURPOSE | $25,000 |
CITY LORE PURPOSE: GENERAL PURPOSE | $25,000 |
RIVERKEEPER PURPOSE: GENERAL PURPOSE | $100,000 |