Longwood Gardens Inc
- Assets
- $1.1b
- Revenue
- $67.1m
- Investments
- $761.6m
- Employees
- 0
- Location
- Kennett Square, PA
- Founding
- 12/1971
- Data as of
- 09/2020
- EIN
- 51-0110625
Longwood Gardens Inc Overview
Longwood Gardens Inc is located in Kennett Square, PA. The organization was established in 1971. According to its NTEE Classification (T21) the organization is classified as: Corporate 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.
For the year ending 09/2020, Longwood Gardens Inc generated $67.1m in total revenue. This represents relatively stable growth, over the past 5 years the organization has increased revenue by an average of 5.1% each year. All expenses for the organization totaled $76.4m during the year ending 09/2020. While expenses have increased by 1.4% per year over the past 5 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, Longwood Gardens Inc has awarded 112 individual grants totaling $1,670,369. 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
2020
Describe the Organization's Program Activity:
Part 3 - Line 4a
LONGWOOD GARDENS, INC., LOCATED IN KENNETT SQUARE, PENNSYLVANIA, IS THE LIVING LEGACY OF PIERRE S. DU PONT, INSPIRING PEOPLE THROUGH EXCELLENCE IN GARDEN DESIGN, HORTICULTURE, EDUCATION, AND THE ARTS. LONGWOOD GARDENS IS ONE OF THE GREAT GARDENS OF THE WORLD, ALWAYS STRIVING FOR INNOVATION IN HORTICULTURE AND DISPLAY. LONGWOOD GARDENS PRESENTS THE ARTS IN AN UNPARALLELED SETTING BRINGING PLEASURE, INSPIRATION AND IMAGINATION TO OUR GUESTS. THROUGH EXCELLENT AND DIVERSE EDUCATION PROGRAMS, HORTICULTURE RESEARCH, ENVIRONMENTAL STEWARDSHIP, AND CULTURAL AND COMMUNITY ENGAGEMENT, LONGWOOD GARDENS GREATLY CONTRIBUTES TO SOCIETY.
IN OCTOBER 2018, LONGWOOD CEMETERY LLC WAS FORMED TO ASSUME OWNERSHIP AND OPERATIONS OF THE CEMETERY WHICH ADJOINS LONGWOOD GARDENS. LONGWOOD GARDENS IS THE SOLE MEMBER OF LONGWOOD CEMETERY LLC. CHARTERED IN 1855, THE LONGWOOD CEMETERY HAS LONG SERVED AS A PLACE OF PEACE AND HAS HELPED TELL THE STORY OF SOME OF THE BRANDYWINE VALLEY'S MOST REVERED, FROM WAR HEROES TO ARDENT ABOLITIONISTS. THE CEMETERY SITS ON LAND ONCE GRANTED BY WILLIAM PENN, LOCATED DIRECTLY IN FRONT OF THE 1854 HISTORIC LONGWOOD MEETING HOUSE AND AT THE ENTRANCE TO LONGWOOD GARDENS. LONGWOOD GARDENS IS RESPONSIBLE FOR THE OPERATION, MAINTENANCE AND UP-KEEP OF THE CEMETERY.
SEED YOUR FUTURE IS THE MOVEMENT TO PROMOTE HORTICULTURE AND INSPIRE PEOPLE TO PURSUE CAREERS WORKING WITH PLANTS. ITS VISION IS A WORLD WHERE EVERYONE UNDERSTANDS AND VALUES THE IMPORTANCE OF PLANTS AND THE PEOPLE WHO WORK IN THE ART, SCIENCE, TECHNOLOGY AND BUSINESS OF HORTICULTURE.
LONGWOOD GARDENS, INC., LOCATED IN KENNETT SQUARE, PENNSYLVANIA, IS THE LIVING LEGACY OF PIERRE S. DU PONT, INSPIRING PEOPLE THROUGH EXCELLENCE IN GARDEN DESIGN, HORTICULTURE, EDUCATION, AND THE ARTS. LONGWOOD GARDENS IS ONE OF THE GREAT GARDENS OF THE WORLD, ALWAYS STRIVING FOR INNOVATION IN HORTICULTURE AND DISPLAY. LONGWOOD GARDENS PRESENTS THE ARTS IN AN UNPARALLELED SETTING BRINGING PLEASURE, INSPIRATION AND IMAGINATION TO OUR GUESTS. THROUGH EXCELLENT AND DIVERSE EDUCATION PROGRAMS, HORTICULTURE RESEARCH, ENVIRONMENTAL STEWARDSHIP, AND CULTURAL AND COMMUNITY ENGAGEMENT, LONGWOOD GARDENS GREATLY CONTRIBUTES TO SOCIETY.
IN OCTOBER 2018, LONGWOOD CEMETERY LLC WAS FORMED TO ASSUME OWNERSHIP AND OPERATIONS OF THE CEMETERY WHICH ADJOINS LONGWOOD GARDENS. LONGWOOD GARDENS IS THE SOLE MEMBER OF LONGWOOD CEMETERY LLC. CHARTERED IN 1855, THE LONGWOOD CEMETERY HAS LONG SERVED AS A PLACE OF PEACE AND HAS HELPED TELL THE STORY OF SOME OF THE BRANDYWINE VALLEY'S MOST REVERED, FROM WAR HEROES TO ARDENT ABOLITIONISTS. THE CEMETERY SITS ON LAND ONCE GRANTED BY WILLIAM PENN, LOCATED DIRECTLY IN FRONT OF THE 1854 HISTORIC LONGWOOD MEETING HOUSE AND AT THE ENTRANCE TO LONGWOOD GARDENS. LONGWOOD GARDENS IS RESPONSIBLE FOR THE OPERATION, MAINTENANCE AND UP-KEEP OF THE CEMETERY.
SEED YOUR FUTURE IS THE MOVEMENT TO PROMOTE HORTICULTURE AND INSPIRE PEOPLE TO PURSUE CAREERS WORKING WITH PLANTS. ITS VISION IS A WORLD WHERE EVERYONE UNDERSTANDS AND VALUES THE IMPORTANCE OF PLANTS AND THE PEOPLE WHO WORK IN THE ART, SCIENCE, TECHNOLOGY AND BUSINESS OF HORTICULTURE.
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Longwood Gardens Inc Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Mr Paul B Redman President And CEO | 50 | $614,413 | |
Sharon Loving VP Horticulture | 50 | $288,773 | |
Mr Dennis Fisher CPA VP Admin And CFO | 50 | $272,239 | |
Maureen Conley VP Marketing | 50 | $254,803 | |
Kenneth Grablewski VP Of Facilities | 50 | $247,621 | |
Christopher Benevento VP Guest Services | 50 | $242,827 |
Longwood Gardens Inc Vendors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Restaurant Associates Inc | 9/29/20 | $2,091,243 |
Cambridge Associates Llc | 9/29/20 | $1,233,105 |
Weissmanfredi Architects Llp | 9/29/20 | $4,420,571 |
Bancroft Construction Co Inc | 9/29/20 | $17,572,249 |
Crossmedia Inc | 9/29/20 | $806,392 |
Restaurant Associates Inc | 9/29/20 | $2,091,243 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $23,781,722 |
| Interest on Savings | $0 |
| Dividends & Interest | $5,728,613 |
| Net Rental Income | -$19,391 |
| Net Gain on Sale of Assets | $15,727,425 |
| Capital Gain Net Income | $15,727,425 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $21,720,067 |
| Total Revenue | $67,126,419 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $886,652 |
| Other employee salaries and wages | $21,092,327 |
| Pension plans, employee benefits | $8,780,368 |
| Interest | $1,468,783 |
| Taxes | $371,333 |
| Depreciation | $8,855,493 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $471,901 |
| Printing and publications | $0 |
| Other expenses | $19,012,881 |
| Total operating and administrative expenses | $76,317,707 |
| Contributions, gifts, grants paid | $75,550 |
| Total expenses and disbursements | $76,393,257 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $26,203,650 |
| Savings and temporary cash investments | $0 |
| Net Accounts receivable | $752,434 |
| Net Pledges Receivable | $48,937,983 |
| Grants receivable | $0 |
| Receivables from Officers, Directors, or Controlling Persons | $0 |
| Net other notes and loans receivable | $0 |
| Inventories for sale or use | $166,729 |
| Prepaid expenses and deferred charges | $1,005,940 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $726,983,891 |
| Net Land, buildings, and equipment | $222,424,799 |
| Other assets | $0 |
| Total assets | $1,061,058,911 |
| Accounts payable and accrued expenses | $8,085,114 |
| Grants payable | $0 |
| Deferred revenue | $2,520,847 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Mortgages and other notes payable | $59,611,633 |
| Other liabilities | $30,722,807 |
| Total liabilities | $100,940,401 |
Longwood Gardens Inc Grants Awarded
Over the last fiscal year, Longwood Gardens Inc has awarded $146,100 in support to 18 organizations.
| Grant Recipient | Amount |
|---|---|
Kennett Square, PA PURPOSE: OPERATIONAL SUPPORT | $30,000 |
Kennett Square, PA PURPOSE: OPERATIONAL SUPPORT | $30,000 |
BRANDYWINE CONSERVANCY PURPOSE: BENNETT'S RUN WATERSHED CONSERVATION | $25,000 |
BRANDYWINE CONSERVANCY PURPOSE: BENNETT'S RUN WATERSHED CONSERVATION | $25,000 |
AHS NATIONAL CHILDREN & YOUTH PURPOSE: OPERATIONAL SUPPORT | $7,500 |
AHS NATIONAL CHILDREN & YOUTH PURPOSE: OPERATIONAL SUPPORT | $7,500 |
Longwood Gardens Inc Grants Recieved
Over the last fiscal year, we have identified 3 grants that Longwood Gardens Inc has recieved totaling $1,345.
| Awarding Organization | Amount |
|---|---|
Dutch American Social Research Foundation Berwyn, PA PURPOSE: GENERAL PURPOSE | $600 |
Dutch American Social Research Foundation Berwyn, PA PURPOSE: GENERAL PURPOSE | $600 |
Grig Fund Philadelphia, PA PURPOSE: GENERAL FUND | $145 |
Longwood Gardens Inc Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Ford Foundation New York, NY | $14,230,472,678 | $460,414,672 |
The Edna Mcconnell Clark Foundation New York, NY | $667,303,729 | $41,338,798 |
The Jpb Foundation New York, NY | $3,264,553,827 | $212,466,306 |
Annie E Casey Foundation Baltimore, MD | $2,002,659,666 | $161,952,938 |
The Harry & Jeanette Weinberg Foundation Inc Owings Mills, MD | $1,772,125,165 | $138,669,568 |
Longwood Gardens Inc Kennett Square, PA | $1,061,058,911 | $67,126,419 |
National Coalition Of Health Care Sharing Ministries Inc Canton, OH | $10,133,825 | $61,612,959 |
Longwood Foundation Inc Wilmington, DE | $810,983,180 | $53,076,926 |
Clark Foundation New York, NY | $474,828,323 | $16,578,389 |
John A Hartford Foundation New York, NY | $603,088,117 | $22,940,561 |
Goldman Sachs Foundation New York, NY | $593,971,382 | $30,787,463 |
Zimmer Family Foundation Inc Saddle River, NJ | $0 | $24,739,608 |
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