Lennart Erickson Foundation
- Assets
- $2.2m
- Revenue
- $63.4k
- Investments
- $1.7m
- Employees
- 0
- Location
- San Jose, CA
- Founding
- 12/1954
- Data as of
- 06/2024
- EIN
- 94-6069379
Organization Overview
Lennart Erickson Foundation is located in San Jose, CA. The organization was established in 1954. 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. Lennart Erickson 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, Lennart Erickson Foundation generated $63.4k in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 58.5% each year . All expenses for the organization totaled $181.1k during the year ending 06/2024. While expenses have increased by 10.8% 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.
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Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $63,390 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $0 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $63,390 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $19,416 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $81,190 |
| Total operating and administrative expenses | $105,606 |
| Contributions, gifts, grants paid | $75,500 |
| Total expenses and disbursements | $181,106 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $193,691 |
| 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 | $1,657,035 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $344,230 |
| Total assets | $2,194,956 |
| 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, Lennart Erickson Foundation has awarded $75,500 in support to 29 organizations.
| Grant Recipient | Amount |
|---|---|
DOUGLAS COUNTY SHERIFF PURPOSE: ASSIST WITH CHARITABLE PURPOSEASSIST WITH CHARITABLE PURPOSE | $3,500 |
LILY'S LEGACY SENIOR DOG SANTUARY PURPOSE: ASSIST WITH CHARITABLE PURPOSE | $2,500 |
MENDOCINO COAST HUMANE SOCIETY PURPOSE: ASSIST WITH CHARITABLE PURPOSE | $2,500 |
JUDICIAL WATCH PURPOSE: ASSIST WITH CHARITABLE PURPOSE | $7,000 |
REDWOOD COAST HUMANE SOCIETY PURPOSE: ASSIST WITH CHARITABLE PURPOSE | $2,500 |
TEAL WE FIND A CURE PURPOSE: ASSIST WITH CHARITABLE PURPOSE | $2,500 |