London Foundation Inc
- Assets
- $695.3k
- Revenue
- $70.1k
- Investments
- $666.1k
- Employees
- 0
- Location
- Fisher Island, FL
- Founding
- 05/1993
- Data as of
- 12/2023
- EIN
- 65-0358176
Organization Overview
London Foundation Inc is located in Fisher Island, FL. The organization was established in 1993. 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. London Foundation Inc 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, London Foundation Inc generated $70.1k in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 7.2% each year. All expenses for the organization totaled $195.6k during the year ending 12/2023. You can explore the organizations financials more deeply in the financial statements section below.
Since 2016, London Foundation Inc has awarded 29 individual grants totaling $331,750. 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 |
|---|---|---|---|
Elizabeth L Rogers Director | 0 | $0 | |
Stuart L Morris Director | 0 | $0 | |
Meredith L Borden Director | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $1,727 |
| Dividends & Interest | $15,724 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $51,904 |
| Capital Gain Net Income | $51,904 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $703 |
| Total Revenue | $70,058 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $8,396 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $173 |
| Total operating and administrative expenses | $13,589 |
| Contributions, gifts, grants paid | $182,000 |
| Total expenses and disbursements | $195,589 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $14,418 |
| Savings and temporary cash investments | $14,709 |
| 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 | $0 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $695,271 |
| 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, London Foundation Inc has awarded $180,000 in support to 5 organizations.
| Grant Recipient | Amount |
|---|---|
INTERNATIONAL BIOMEDICAL ALLIANCE PURPOSE: CHARITABLE SUPPORT | $5,000 |
THE PARK SCHOOL PURPOSE: CHARITABLE SUPPORT | $85,000 |
NATIONAL AQUARIUM PURPOSE: CHARITABLE SUPPORT | $10,000 |
INTERNATIONAL BIOMEDICAL ALLIANCE PURPOSE: CHARITABLE SUPPORT | $5,000 |
JOHN HOPKINS UNIVERSITY PURPOSE: CHARITABLE SUPPORT | $75,000 |