Edward And Mary Lord Foundation
- Assets
- $18.5m
- Revenue
- $725.9k
- Investments
- $18.0m
- Employees
- 0
- Location
- North Franklin, CT
- Founding
- 05/2010
- Data as of
- 10/2023
- EIN
- 27-0785866
Organization Overview
Edward And Mary Lord Foundation is located in North Franklin, CT. The organization was established in 2010. According to its NTEE Classification (T19) the organization is classified as: Support N.E.C., 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. Edward And Mary Lord Foundation 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 10/2023, Edward And Mary Lord Foundation generated $725.9k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 4 years, the organization has seen revenues fall by an average of (14.4%) each year. All expenses for the organization totaled $1.3m during the year ending 10/2023. You can explore the organizations financials more deeply in the financial statements section below.
Since 2020, Edward And Mary Lord Foundation has awarded 103 individual grants totaling $3,833,323. 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 |
|---|---|---|---|
Kathryn Lord Trustee | 20 | $48,000 | |
Joel Suisman Trustee | 10 | $36,000 | |
Jeffrey Lord Trustee | 2 | $5,366 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Neuberger Berman | 10/30/23 | $116,084 |
Bank Of America Na | 10/30/23 | $54,610 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $468,187 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $257,708 |
| Capital Gain Net Income | $257,708 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $725,895 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $89,366 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $8,058 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $1,597 |
| Total operating and administrative expenses | $273,215 |
| Contributions, gifts, grants paid | $1,026,080 |
| Total expenses and disbursements | $1,299,295 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $511,650 |
| 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 | $2,580,001 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $18,498,530 |
| 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, Edward And Mary Lord Foundation has awarded $1,026,080 in support to 31 organizations.
| Grant Recipient | Amount |
|---|---|
ARTREACH PURPOSE: BUY OUT LEASE FOR AGENCY'S VAN | $12,500 |
ACCESS AGENCY INC PURPOSE: REPAIRS TO GROUP HOME | $5,000 |
AVALONIA LAND CONSERVANCY INC PURPOSE: SUPPORT FOR PURCHASE OF LAND FOR CONSERVATION | $63,500 |
BRIAN DAGLE FOUNDATION INC PURPOSE: RENOVATE GARAGE TO PROGRAM SPACE | $45,000 |
COMMUNITY FOUNDATION OF EASTERN CT PURPOSE: TO LORD FOUNDATION DONOR ADVISED FUND | $206,965 |
DISABILITIES NETWORK OF EASTERN CONNECTICUT INC PURPOSE: SUPPORT FOR DISABLED INDIVIDUALS LIVING INDEPENDENTLY | $30,000 |