Lynn & Paul Alandt Foundation
- Assets
- $0.0
- Revenue
- $810.3k
- Investments
- $6.2m
- Employees
- 0
- Location
- Detroit, MI
- Founding
- 10/2010
- Data as of
- 12/2021
- EIN
- 27-2677218
Organization Overview
Lynn & Paul Alandt Foundation is located in Detroit, MI. The organization was established in 2010. 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. Lynn & Paul Alandt 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 12/2021, Lynn & Paul Alandt Foundation generated $810.3k in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 22.8% each year . All expenses for the organization totaled $599.9k during the year ending 12/2021. While expenses have increased by 8.3% per year over the past 7 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Since 2014, Lynn & Paul Alandt Foundation has awarded 352 individual grants totaling $6,885,062. 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
2021
Describe the Organization's Program Activity:
Part 3 - Line 4a
NONE
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Lynn F Alandt President/director | 0.25 | $0 | |
Paul D Alandt Director | 0.25 | $0 | |
David P Larsen Secretary | 0.25 | $0 | |
Daniel Faett Treasurer | 0.25 | $0 | |
David Hempstead Director | 0.25 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $33,729 |
| Profit on Inventory Sales | $0 |
| Other Income | $141,160 |
| Total Revenue | $810,297 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Pension plans, employee benefits | $0 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Total operating and administrative expenses | $79,593 |
| Contributions, gifts, grants paid | $520,314 |
| Total expenses and disbursements | $599,907 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $4,755,493 |
| Other assets | $6,126 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $4,613 |
Grants Awarded
Over the last fiscal year, Lynn & Paul Alandt Foundation has awarded $457,618 in support to 28 organizations.
| Grant Recipient | Amount |
|---|---|
SIGMA GAMMA ASSOCIATION PURPOSE: ONE HEALTH MICHIGAN | $5,000 |
MICHIGAN HUMANE PURPOSE: ONE HEALTH MICHIGAN 2021 | $5,000 |
HENRY FORD ESTATE - FAIR LANE PURPOSE: AN EVENING FOR FAIR LANE | $7,500 |
RACING FOR KIDS PURPOSE: TO THE HILL AUCTION | $18,718 |
DETROIT ZOOLOGICAL SOCIETY PURPOSE: PROGRAM SERVICES | $5,100 |
GROSSE POINTE SHORES IMPROVEMENT PURPOSE: LEAVES & LAUGHTER EVENT | $300 |