Lookout Foundation Inc
- Assets
- $37.2m
- Revenue
- $1.6m
- Investments
- $34.3m
- Employees
- 0
- Location
- Boston, MA
- Founding
- 08/2010
- Data as of
- 12/2022
- EIN
- 27-2981081
Organization Overview
Lookout Foundation Inc is located in Boston, MA. The organization was established in 2010. 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. Lookout 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, Lookout Foundation Inc generated $1.6m in total revenue. This represents relatively stable growth, over the past 4 years the organization has increased revenue by an average of 3.2% each year. All expenses for the organization totaled $2.4m during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
Since 2019, Lookout Foundation Inc has awarded 126 individual grants totaling $14,043,042. 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 |
|---|---|---|---|
Dinah L Buechner-Vischer Director And President | 5 | $12,500 | |
Anne Stetson Director And Secretary | 5 | $12,500 | |
Roberto Rodriguez Director And Treasurer | 7 | $12,500 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Rockefeller & Co Inc | 12/30/22 | $121,447 |
Gma Foundations | 12/30/22 | $51,951 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $13,411 |
| Dividends & Interest | $557,738 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $1,143,372 |
| Capital Gain Net Income | $1,126,628 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | -$67,814 |
| Total Revenue | $1,646,707 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $37,500 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $82,171 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $1,080 |
| Printing and publications | $0 |
| Other expenses | $39,039 |
| Total operating and administrative expenses | $437,928 |
| Contributions, gifts, grants paid | $1,955,533 |
| Total expenses and disbursements | $2,393,461 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $2,056,436 |
| 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 | $800,000 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $25,216,909 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $37,162,675 |
| 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, Lookout Foundation Inc has awarded $3,901,066 in support to 26 organizations.
| Grant Recipient | Amount |
|---|---|
UMASS MEDICAL SCHOOL PURPOSE: TO FUND THE EXPANSION OF LINK-KID'S CAPACITY, PAYMENT 3 OF 3 | $100,000 |
UNITED TEEN EQUALITY CENTER PURPOSE: ADDRESSING COMPLEX TRAUMA FOR JUSTICE-INVOLVED YOUNG ADULTS, PMT 2 OF 4 | $250,000 |
UMASS MEDICAL SCHOOL PURPOSE: TO FUND THE EXPANSION OF LINK-KID'S CAPACITY, PAYMENT 2 OF 3 | $100,000 |
UNITED TEEN EQUALITY CENTER PURPOSE: ADDRESSING COMPLEX TRAUMA FOR JUSTICE-INVOLVED YOUNG ADULTS, PMT 4 OF 4 | $250,000 |
URBAN FARMING INSTITUTE PURPOSE: TO SUPPORT THE GROWING FOOD, GROWING YOUTH PHASE III TWO-YEAR EDUCATION PLAN TO REBUILD AND EXPAND THE PROGRAMMING TARGETED TO CHILDREN AND YOUTH - PAYMENT 2 OF 2 | $25,000 |
VERMONT YOUTH CONSERVATION CORPS INC PURPOSE: TO PROVIDE SUPPORT FOR THE VERMONT YOUTH CONSERVATION CORPS' GENERAL OPERATIONS - PAYMENT 2 OF 2 | $100,000 |