Lisherness Foundation
- Assets
- $759.7k
- Revenue
- $14.6k
- Investments
- $741.6k
- Employees
- 0
- Location
- phoenix, AZ
- Founding
- 02/2011
- Data as of
- 12/2022
- EIN
- 27-1503658
Organization Overview
Lisherness Foundation is located in phoenix, AZ. The organization was established in 2011. According to its NTEE Classification (T21) the organization is classified as: Corporate 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. Lisherness 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 12/2022, Lisherness Foundation generated $14.6k 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 (8.5%) each year. All expenses for the organization totaled $43.8k during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
Since 2014, Lisherness Foundation has awarded 87 individual grants totaling $218,863. 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 |
|---|---|---|---|
Harley Lisherness Director & President | 0 | $0 | |
Heidi Lisherness Director & Secretary | 0 | $0 | |
Rick Brodeur Director & Treasurer | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $14,626 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $0 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $14,626 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $0 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $376 |
| Total operating and administrative expenses | $2,260 |
| Contributions, gifts, grants paid | $41,500 |
| Total expenses and disbursements | $43,760 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $18,097 |
| 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 | $70,081 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $759,685 |
| 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 | $86,010 |
| Total liabilities | $86,010 |
Grants Awarded
Over the last fiscal year, Lisherness Foundation has awarded $41,500 in support to 11 organizations.
| Grant Recipient | Amount |
|---|---|
CHILD CRISIS CENTER PURPOSE: SUPPORT | $2,000 |
JAWAHIR DANCE PURPOSE: SUPPORT | $1,500 |
SCOTTSDALE CENTER FOR THE ARTS PURPOSE: SUPPORT | $3,000 |
IRANIAN AMERICAN SOCIETY OF AZ PURPOSE: SUPPORT | $6,000 |
NEW SCHOOL FOR THE ARTS PURPOSE: SUPPORT | $2,500 |
MOTHERS AGAINST POVERTY PURPOSE: SUPPORT | $500 |