John And Sonia Lingos Family Foundation Inc is located in West Yarmouth, MA. The organization was established in 1994. 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. John And Sonia Lingos Family 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 06/2023, John And Sonia Lingos Family Foundation Inc generated $656.5k in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 13.4% each year . All expenses for the organization totaled $318.5k during the year ending 06/2023. You can explore the organizations financials more deeply in the financial statements section below.
Since 2017, John And Sonia Lingos Family Foundation Inc has awarded 241 individual grants totaling $2,262,975. 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.
Form
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2023
Describe the Organization's Program Activity:
Part 3 - Line 4a
FINANCIAL SUPPORT WAS PROVIDED TO 29 CHARITABLE ORGANIZATIONS IN THE TOTAL AMOUNT OF 280,000 AS DETAILED IN THE RELATED SUPPORTING STATEMENT.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Tania Lingos Webb President | 0 | $0 | |
Tamara Lingos Treasurer/cl | 0 | $0 | |
Tania Lingos Webb Director | 0 | $0 | |
Thalia I Lingos Director | 0 | $0 | |
Tamara Lingos Director | 0 | $0 | |
Sonia Tasha Lingos Director | 0 | $0 |
Statement of Revenue | |
---|---|
Contributions, Gifts, Grants & Similar | $0 |
Interest on Savings | $58 |
Dividends & Interest | $316,058 |
Net Rental Income | $2,036 |
Net Gain on Sale of Assets | $312,402 |
Capital Gain Net Income | $312,402 |
Net ST Capital Gain | $0 |
Income Modifications | $0 |
Profit on Inventory Sales | $0 |
Other Income | $0 |
Total Revenue | $656,463 |
Statement of Expenses | |
---|---|
Compensation of officers, directors, trustees, etc | $0 |
Other employee salaries and wages | $0 |
Pension plans, employee benefits | $0 |
Interest | $0 |
Taxes | $6,811 |
Depreciation | $0 |
Occupancy | $2,490 |
Travel, conferences, and meetings | $0 |
Printing and publications | $0 |
Other expenses | $19,860 |
Total operating and administrative expenses | $38,479 |
Contributions, gifts, grants paid | $280,000 |
Total expenses and disbursements | $318,479 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $0 |
Savings and temporary cash investments | $1,934 |
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 | $545,793 |
Investments—mortgage loans | $0 |
Investments—other | $0 |
Net Land, buildings, and equipment | $0 |
Other assets | $0 |
Total assets | $1,733,033 |
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 | $10,000 |
Total liabilities | $10,000 |
Over the last fiscal year, John And Sonia Lingos Family Foundation Inc has awarded $280,000 in support to 31 organizations.
Grant Recipient | Amount |
---|---|
ACCESS YOUTH ACADEMY PURPOSE: EDUCATION | $25,000 |
ALPHA OMEGA COUNCIL PURPOSE: COMMUNITY ENRICHMENT | $15,000 |
ANIMAL PROT CENT OF SE MA PURPOSE: COMMUNITY ENRICHMENT | $5,000 |
APPLE ORCHARD SCHOOL PURPOSE: EDUCATION | $2,500 |
ARTS FOUNDATION OF CAPE COD PURPOSE: COMMUNITY ENRICHMENT | $5,000 |
BALLET WEST PURPOSE: COMMUNITY ENRICHMENT | $25,000 |