Lenfest Foundation Inc is located in Wayne, PA. The organization was established in 2000. According to its NTEE Classification (T22) the organization is classified as: Private Independent 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. Lenfest 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 06/2024, Lenfest Foundation Inc generated $663.0 in total revenue. All expenses for the organization totaled $20.8k during the year ending 06/2024.
Since 2019, Lenfest Foundation Inc has awarded 346 individual grants totaling $94,542,339. 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
2024
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE FOUNDATION IS A PRIVATE NON-OPERATING FOUNDATION, AND AS SUCH, ITS ONLY ACTIVITY IS TO MAKE GRANTS OR CONTRIBUTIONS TO OTHER 501(C)(3) ORGANIZATIONS PRINCIPALLY TO PUBLIC CHARITIES.
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Dr Keith L Leaphart Board Chair | 1 | $0 | |
Joseph F Huber Vice Chair/treasurer | 1 | $0 | |
Marguerite Lenfest President | 3 | $0 | |
Diane Myer Secretary | 1 | $0 | |
Jeffrey A Beachell Director | 1 | $0 | |
Roger Lehecka Director | 1 | $0 |
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $0 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $663 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $663 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $70 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $193 |
| Total operating and administrative expenses | $20,838 |
| Contributions, gifts, grants paid | $0 |
| Total expenses and disbursements | $20,838 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| 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 | $0 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $0 |
| 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, Lenfest Foundation Inc has awarded $13,308,000 in support to 73 organizations.
| Grant Recipient | Amount |
|---|---|
AARP FOUNDATION EXPERIENC PURPOSE: GENERAL OPERATING SUPPORT | $40,000 |
ACADEMY OF NATURAL SCIENC PURPOSE: WINS PROGRAM | $220,000 |
AFTER SCHOOL ACTIVITIES P PURPOSE: GENERAL OPERATING SUPPORT | $70,000 |
AFTER SCHOOL ALL-STARS PURPOSE: GENERAL OPERATING SUPPORT | $100,000 |
ANCHORS CAMP INC PURPOSE: SUMMER CAMP | $25,000 |
ARTS REACH INC PURPOSE: GENERAL OPERATING SUPPORT | $30,000 |