Ll Charitable Foundation
- Assets
- $14.1m
- Revenue
- $1.2m
- Investments
- $13.7m
- Employees
- 0
- Location
- Philadelphia, PA
- Founding
- 05/2015
- Data as of
- 12/2023
- EIN
- 47-2433049
Organization Overview
Ll Charitable Foundation is located in Philadelphia, PA. The organization was established in 2015. 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. Ll 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 12/2023, Ll Charitable Foundation generated $1.2m in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (15.7%) each year. All expenses for the organization totaled $307.2k during the year ending 12/2023. You can explore the organizations financials more deeply in the financial statements section below.
Since 2018, Ll Charitable Foundation has awarded 155 individual grants totaling $1,252,185. 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 |
|---|---|---|---|
Roberto M Sella President | 1 | $0 | |
Pranav Desai Vice-President | 3 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $32 |
| Dividends & Interest | $209,301 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $1,026,120 |
| Capital Gain Net Income | $69,110 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $3,487 |
| Total Revenue | $1,238,940 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $44,754 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $374 |
| Total operating and administrative expenses | $57,651 |
| Contributions, gifts, grants paid | $249,500 |
| Total expenses and disbursements | $307,151 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $90,462 |
| Savings and temporary cash investments | $225,946 |
| Net Accounts receivable | $0 |
| Net Pledges Receivable | $0 |
| Grants receivable | $0 |
| Receivables from Officers, Directors, or Controlling Persons | $588 |
| 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 | $8,229,962 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $14,057,088 |
| 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, Ll Charitable Foundation has awarded $249,500 in support to 29 organizations.
| Grant Recipient | Amount |
|---|---|
BALLETX PURPOSE: ARTS | $2,000 |
CAPE MAY POINT VOLUNTEER FIRE COMPANY PURPOSE: PUBLIC SAFETY | $1,000 |
CCSA FOUNDATION PURPOSE: EDUCATIONEDUCATION | $2,000 |
CITY OF HOPE PURPOSE: CHARITY | $1,000 |
COLONIAL PENNSYLVANIA PLANTATION PURPOSE: HISTORICAL PRESERVATION | $10,000 |
CONEY ISLAND PREP PURPOSE: EDUCATIONAL | $13,000 |