Lions Pride Foundation
- Assets
- $3.4m
- Revenue
- $48.4k
- Investments
- $3.3m
- Employees
- 0
- Location
- Beverly Farms, MA
- Founding
- 07/1977
- Data as of
- 12/2022
- EIN
- 41-1289414
Organization Overview
Lions Pride Foundation is located in Beverly Farms, MA. The organization was established in 1977. 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. Lions Pride 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, Lions Pride Foundation generated $48.4k 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 (50.2%) each year. All expenses for the organization totaled $352.8k during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
Since 2019, Lions Pride Foundation has awarded 59 individual grants totaling $879,892. 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 |
|---|---|---|---|
Louis F Polk President | 2 | $0 | |
Christy P Goldspink Trustee | 0 | $0 | |
Anna C Polk Secretary And Trustee | 0 | $0 | |
James S Polk Vice President And Treasurer | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $41,973 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $6,431 |
| Capital Gain Net Income | $6,431 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $5 |
| Total Revenue | $48,409 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $2,090 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $19,561 |
| Total operating and administrative expenses | $39,837 |
| Contributions, gifts, grants paid | $313,000 |
| Total expenses and disbursements | $352,837 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $21,591 |
| Savings and temporary cash investments | $113,346 |
| 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 | $1,885,606 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $3,399,936 |
| 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, Lions Pride Foundation has awarded $313,000 in support to 18 organizations.
| Grant Recipient | Amount |
|---|---|
ARDEA ARTS PURPOSE: TO SUPPORT THE ORGANIZATION'S CHARITABLE MISSION | $25,000 |
FREEDOM FOR ALL INC PURPOSE: TO SUPPORT THE ORGANIZATION'S CHARITABLE MISSION | $10,000 |
GEORGE H W BUSH PRESIDENTIAL LIBRARY PURPOSE: TO SUPPORT THE ORGANIZATION'S CHARITABLE MISSION | $5,000 |
THE CHURCH OF BETHESDA-BY-THE-SEA PURPOSE: TO SUPPORT THE ORGANIZATION'S CHARITABLE MISSION | $30,000 |
GEORGE W BUSH PRESIDENTIAL CENTER PURPOSE: TO SUPPORT THE ORGANIZATION'S CHARITABLE MISSION | $5,000 |
THE SOCIETY OF THE FOUR ARTS PURPOSE: TO SUPPORT THE ORGANIZATION'S CHARITABLE MISSION | $10,000 |