Greater Lewes Foundation
- Assets
- $2.2m
- Revenue
- $971.4k
- Investments
- $0.0
- Employees
- 0
- Location
- Lewes, DE
- Founding
- 07/2000
- Data as of
- 12/2021
- EIN
- 51-0400365
Organization Overview
Greater Lewes Foundation is located in Lewes, DE. The organization was established in 2000. According to its NTEE Classification (C34) the organization is classified as: Land Resources Conservation, under the broad grouping of Environment and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Greater Lewes 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 12/2021, Greater Lewes Foundation generated $971.4k in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 24.5% each year . All expenses for the organization totaled $618.9k during the year ending 12/2021. While expenses have increased by 16.9% per year over the past 7 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.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
TO PROTECT, IMPROVE & ENHANCE QUALITY OF LIFE IN LEWES, DELAWARE
Describe the Organization's Program Activity:
Part 3 - Line 4a
TO ASSIST THE CITY IN MAINTAINING PROPERTY FOR USE AS A COMMUNITY PARK. ISSUING SMALL GRANTS TO SUPPORT OTHER LOCAL CHARITABLE (501(C)(3)AGENCIES AND CITY PROPERTIES (IE. PARK AND LIBRARY)
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Jean L Geary Corporate Se | Officer | 10 | $18,395 |
Rob Gibbs Vice Chairma | OfficerTrustee | 2 | $0 |
Walter J Stewart Chairman | OfficerTrustee | 2 | $0 |
Michael Rawl Exe Director | OfficerTrustee | 2 | $0 |
Stephanie Boright Vice Chairma | OfficerTrustee | 2 | $0 |
Hugh Leahy Treasurer | OfficerTrustee | 5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $846,547 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $846,547 |
| Total Program Service Revenue | $0 |
| Investment income | $122,102 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $2,735 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $971,384 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $419,338 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $21,728 |
| Fees for services: Legal | $15,164 |
| Fees for services: Accounting | $2,800 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $5,636 |
| Office expenses | $9,924 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $3,600 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $0 |
| All other expenses | $1,010 |
| Total functional expenses | $618,937 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $276,797 |
| Savings and temporary cash investments | $785,000 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $1,131,390 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $2,193,187 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $122,124 |
| Total liabilities | $122,124 |
| Net assets without donor restrictions | $1,998,563 |
| Net assets with donor restrictions | $72,500 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $2,193,187 |
Grants Awarded
Over the last fiscal year, Greater Lewes Foundation has awarded $427,633 in support to 2 organizations.
| Grant Recipient | Amount |
|---|---|
VARIOUS SMALL GRANTS PURPOSE: TO ASSIST LOCAL CHAR | $419,183 |
DONATION-CITY OF LEWES PURPOSE: MAINTAIN PARK AREAS | $8,450 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Greater Lewes Foundation has recieved totaling $2,500.
| Awarding Organization | Amount |
|---|---|
Carolyn S And Donald F Obrecht Foundation Baldwin, MD PURPOSE: COMMUNITY-TOWN CLOCK FUND | $2,500 |
Endowment Analysis
| Beg. Balance | $86,841 |
| Earnings | $7,522 |
| Admin Expense | $1,182 |
| Net Contributions | $1,755 |
| Other Expense | $22,436 |
| Ending Balance | $72,500 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Western Pennsylvania Conservancy Pittsburgh, PA | $113,802,863 | $21,943,336 |
Natural Lands Trust Incorporated Media, PA | $288,000,033 | $16,114,941 |
Lancaster Farmland Trust Strasburg, PA | $11,698,413 | $9,676,102 |
New Jersey Conservation Foundation Far Hills, NJ | $62,588,695 | $10,973,647 |
Wildlands Conservancy Inc Emmaus, PA | $12,037,986 | $4,624,633 |
Land Preservation Trust Inc Cockeysville, MD | $3,484,964 | $2,822,614 |
National Park Trust Inc Rockville, MD | $5,183,362 | $2,956,887 |
Hunterdon Land Trust Flemington, NJ | $3,510,894 | $2,007,412 |
The Land Conservancy Of New Jersey Boonton, NJ | $21,169,652 | $3,139,760 |
Greentrust Alliance Inc Elkridge, MD | $3,574,474 | $1,758,433 |
North American Land Trust Chadds Ford, PA | $53,456,278 | $13,663,036 |
D & R Greenway Land Trust Inc Princeton, NJ | $81,686,386 | $13,350,447 |