Lillehei Family Charitable Foundation
- Assets
- $3.7m
- Revenue
- $125.9k
- Investments
- $3.5m
- Employees
- 0
- Location
- St Paul, MN
- Founding
- 10/2001
- Data as of
- 12/2022
- EIN
- 41-2009840
Organization Overview
Lillehei Family Charitable Foundation is located in St Paul, MN. The organization was established in 2001. 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. Lillehei Family Charitable 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, Lillehei Family Charitable Foundation generated $125.9k 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 (8.7%) each year. All expenses for the organization totaled $260.4k during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
Since 2020, Lillehei Family Charitable Foundation has awarded 25 individual grants totaling $649,274. 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 |
|---|---|---|---|
Kevin Lillehei Board Member | 0 | $0 | |
Troy Loken President | 0 | $0 | |
Kimberle Loken Board Member | 0 | $0 | |
Craig Lillehei Board Member | 0 | $0 | |
Securian Trust Company Agent | 40 | $41,802 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $65,271 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $60,616 |
| Capital Gain Net Income | $60,616 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $125,887 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $41,802 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $18,533 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $25 |
| Total operating and administrative expenses | $60,360 |
| Contributions, gifts, grants paid | $200,000 |
| Total expenses and disbursements | $260,360 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $169,502 |
| 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 | $3,541,671 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $3,711,173 |
| 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, Lillehei Family Charitable Foundation has awarded $200,000 in support to 9 organizations.
| Grant Recipient | Amount |
|---|---|
CRESCENT COVE PURPOSE: GENERAL SUPPORT | $5,000 |
TEAM HEART INC PURPOSE: PROGRAM SUPPORT | $5,000 |
AMERICAN SWEDISH INSTITUTE PURPOSE: GENERAL OPERATING FUNDS | $125,000 |
THANKSGIVING MEALS ON WHEELS INC PURPOSE: THANKSGIVING MEALS DONATION | $5,000 |
MAGNUM CHORUM PURPOSE: GENERAL OPERATING FUND | $5,000 |
BRIGHTER DAYS GRIEF CTR PURPOSE: PROGRAM SUPPORT | $5,000 |