Leonard Litz Foundation
- Assets
- $727.0k
- Revenue
- $1.3m
- Investments
- $472.7k
- Employees
- 0
- Location
- Fairfield, CT
- Founding
- Data as of
- 12/2023
- EIN
- 84-3686034
Organization Overview
Leonard Litz Foundation is located in Fairfield, CT. 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. Leonard Litz 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, Leonard Litz Foundation generated $1.3m in total revenue. This organization has experienced exceptional growth, as over the past 4 years, it has increased revenue by an average of 21.3% each year . All expenses for the organization totaled $1.3m during the year ending 12/2023. You can explore the organizations financials more deeply in the financial statements section below.
Since 2020, Leonard Litz Foundation has awarded 173 individual grants totaling $3,370,870. 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 |
|---|---|---|---|
F Elliot Leonard Trustee | 1 | $0 | |
Roger A Litz Trustee | 1 | $0 | |
Andrew Mitchell-Namdar Trustee | 1 | $12,000 | |
Robyn Schlesinger Trustee | 1 | $11,000 | |
Anthony Crisci Trustee | 1 | $4,000 | |
Colin Hosten Trustee/director | 40 | $104,000 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $1,204,453 |
| Interest on Savings | $2 |
| Dividends & Interest | $24,114 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $59,751 |
| Capital Gain Net Income | $59,751 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $1,288,320 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $131,000 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $279 |
| Depreciation | $233 |
| Occupancy | $29,302 |
| Travel, conferences, and meetings | $8,404 |
| Printing and publications | $0 |
| Other expenses | $52,156 |
| Total operating and administrative expenses | $288,965 |
| Contributions, gifts, grants paid | $1,024,210 |
| Total expenses and disbursements | $1,313,175 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $250,705 |
| Savings and temporary cash investments | $814 |
| 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 | $472,693 |
| Net Land, buildings, and equipment | $2,782 |
| Other assets | $0 |
| Total assets | $726,994 |
| 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, Leonard Litz Foundation has awarded $1,024,210 in support to 55 organizations.
| Grant Recipient | Amount |
|---|---|
ALI-FORNEY CENTER PURPOSE: COMMUNITY GRANT/COVID RELIEF/LGBT ADVOCACY | $5,000 |
BAYARD RUSTIN COMMUNITY CENTER PURPOSE: COMMUNITY GRANT/COVID RELIEF/LGBT ADVOCACY | $5,000 |
BETHEL PRIDE CO TRIANGEL COMMUNITY CENTER PURPOSE: COMMUNITY GRANT/COVID RELIEF/LGBT ADVOCACY | $1,000 |
BROOKLYN COMMUNITY PRIDE CENTER PURPOSE: COMMUNITY GRANT/COVID RELIEF/LGBT ADVOCACY | $20,000 |
CENTERLINK PURPOSE: COMMUNITY GRANT/COVID RELIEF/LGBT ADVOCACY | $50,000 |
CITY LIGHTS GALLERY PURPOSE: COMMUNITY GRANT/COVID RELIEF/LGBT ADVOCACY | $2,000 |