F E Lykes Foundation Inc
- Assets
- $1.5m
- Revenue
- $43.2k
- Investments
- $1.5m
- Employees
- 0
- Location
- Tampa, FL
- Founding
- 07/1974
- Data as of
- 12/2022
- EIN
- 23-7294195
Organization Overview
F E Lykes Foundation Inc is located in Tampa, FL. The organization was established in 1974. 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. F E Lykes 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, F E Lykes Foundation Inc generated $43.2k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 6 years, the organization has seen revenues fall by an average of (18.5%) each year. All expenses for the organization totaled $309.5k during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, F E Lykes Foundation Inc has awarded 22 individual grants totaling $491,846. 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 |
|---|---|---|---|
Norma Gene Lykes President | 40 | $144,180 | |
Edward Chittenden Officer | 10 | $13,750 | |
James Chittenden Officer | 1 | $1,000 | |
Tyson Chittenden Officer | 1 | $1,000 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $2,000 |
| Interest on Savings | $25 |
| Dividends & Interest | $32,664 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $8,492 |
| Capital Gain Net Income | $14,132 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $43,181 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $159,930 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $29,414 |
| Interest | $180 |
| Taxes | $1,246 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $3,610 |
| Printing and publications | $0 |
| Other expenses | $5,815 |
| Total operating and administrative expenses | $215,635 |
| Contributions, gifts, grants paid | $93,850 |
| Total expenses and disbursements | $309,485 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $18,849 |
| 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 | $78,800 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $7,700 |
| Total assets | $1,501,924 |
| 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 | $4,931 |
| Total liabilities | $4,931 |
Grants Awarded
Over the last fiscal year, F E Lykes Foundation Inc has awarded $93,850 in support to 5 organizations.
| Grant Recipient | Amount |
|---|---|
GASPARILLA MUSIC FESTIVAL PURPOSE: SPONSORSHIP | $14,000 |
TAMPA THEATRE PURPOSE: SPONSORSHIP | $25,000 |
TAMPA BAY EXECUTIVE LEADERS PURPOSE: DONATION | $1,000 |
FRIENDS OF THE PARKS PURPOSE: DONATION | $3,850 |
CITY OF TAMPA - PARKS & REC PURPOSE: DONATION | $50,000 |