Lde Foundation
- Assets
- $255.1k
- Revenue
- $7.9k
- Investments
- $253.0k
- Employees
- 0
- Location
- West Hartford, CT
- Founding
- 06/2002
- Data as of
- 06/2024
- EIN
- 54-2075752
Organization Overview
Lde Foundation is located in West Hartford, CT. The organization was established in 2002. According to its NTEE Classification (T22) the organization is classified as: Private Independent 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. Lde 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 06/2024, Lde Foundation generated $7.9k in total revenue. The organization has seen a slow decline revenue. Over the past 9 years, revenues have fallen by an average of (0.8%) each year. All expenses for the organization totaled $19.5k during the year ending 06/2024. As we would expect to see with falling revenues, expenses have declined by (1.3%) per year over the past 9 years. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, Lde Foundation has awarded 84 individual grants totaling $151,752. 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 |
|---|---|---|---|
Larry Edwards Trustee | 0 | $0 | |
Donna Edwards Trustee | 0 | $0 | |
Rebecca Lee Eller Trustee | 0 | $0 | |
Jason S Edwards Trustee | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $117 |
| Dividends & Interest | $7,874 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | -$46 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $7,945 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $312 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $1,268 |
| Total operating and administrative expenses | $4,473 |
| Contributions, gifts, grants paid | $15,002 |
| Total expenses and disbursements | $19,475 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $1 |
| Savings and temporary cash investments | $2,117 |
| 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 | $253,012 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $255,130 |
| 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, Lde Foundation has awarded $15,002 in support to 5 organizations.
| Grant Recipient | Amount |
|---|---|
BEN'S LIGHTHOUSE PURPOSE: CURRENT USE FOR GENERAL CHARITABLE PURPOSES | $4,000 |
DMAX FOUNDATION PURPOSE: CURRENT USE FOR GENERAL CHARITABLE PURPOSES | $3,500 |
SAFE HAVEN OF GREATER WATERBURY INC PURPOSE: CURRENT USE FOR GENERAL CHARITABLE PURPOSES | $1,876 |
SOUTHBURY FOOD BANK PURPOSE: CURRENT USE FOR GENERAL CHARITABLE PURPOSES | $3,750 |
WELLMORE BEHAVIORAL HEALTH PURPOSE: CURRENT USE FOR GENERAL CHARITABLE PURPOSES | $1,876 |