Lincoln Financial Foundation Inc is located in Radnor, PA. The organization was established in 1963. According to its NTEE Classification (Z99) the organization is classified as: Unknown, under the broad grouping of Unknown and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Lincoln Financial 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, Lincoln Financial Foundation Inc generated $8.4m in total revenue. The organization has seen a slow decline revenue. Over the past 4 years, revenues have fallen by an average of 0.0% each year. All expenses for the organization totaled $8.1m during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
Since 2020, Lincoln Financial Foundation Inc has awarded 5,829 individual grants totaling $28,166,698. 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
2022
Describe the Organization's Program Activity:
Part 3 - Line 4a
NONE
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Craig T Beazer Director | 0 | $0 | |
Allison Green Johnson Director / President | 0 | $0 | |
Randal J Freitag Director | 0 | $0 | |
Jennifer Warne Krow Director / Chair & CEO | 0 | $0 | |
Kenneth S Solon Director | 0 | $0 | |
Jayson R Bronchetti Director | 0 | $0 |
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $8,309,188 |
| Interest on Savings | $0 |
| Dividends & Interest | $71,699 |
| 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 | $8,380,887 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $997 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $13,216 |
| Total operating and administrative expenses | $25,213 |
| Contributions, gifts, grants paid | $8,111,365 |
| Total expenses and disbursements | $8,136,578 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $3,170,567 |
| 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 | $83 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $0 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $6,273,042 |
| Accounts payable and accrued expenses | $1,601,136 |
| Grants payable | $721,040 |
| 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 | $2,322,176 |
Over the last fiscal year, Lincoln Financial Foundation Inc has awarded $8,111,365 in support to 2,344 organizations.
| Grant Recipient | Amount |
|---|---|
ARDEN THEATRE COMPANY PURPOSE: ARTS PROGRAMS | $18,750 |
ARTS UNITED OF GREATER FORT WAYNE PURPOSE: ARTS PROGRAMS | $90,000 |
ARTREACH INC PURPOSE: ARTS PROGRAMS | $15,000 |
CAPITOL CENTER FOR THE ARTS PURPOSE: ARTS PROGRAMS | $7,500 |
CAROLINA THEATRE OF GREENSBORO INC PURPOSE: ARTS PROGRAMS | $6,750 |
COMMUNITY THEATRE OF GREENSBORO INC PURPOSE: ARTS PROGRAMS | $10,000 |