Nlt Foundation Inc
- Assets
- $3.4m
- Revenue
- $333.6k
- Investments
- $3.3m
- Employees
- 0
- Location
- Cincinnati, OH
- Founding
- 06/1997
- Data as of
- 12/2023
- EIN
- 04-3361704
Organization Overview
Nlt Foundation Inc is located in Cincinnati, OH. The organization was established in 1997. According to its NTEE Classification (J32) the organization is classified as: Goodwill Industries, under the broad grouping of Employment and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Nlt 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, Nlt Foundation Inc generated $333.6k in total revenue. The organization has seen a slow decline revenue. Over the past 9 years, revenues have fallen by an average of (1.4%) each year. All expenses for the organization totaled $269.8k during the year ending 12/2023. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, Nlt Foundation Inc has awarded 247 individual grants totaling $1,700,562. 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 |
|---|---|---|---|
Thomas W Taft President | 0.5 | $0 | |
Lucy Rosborough Clerk | 0.5 | $0 | |
Dudley S Taft Sr Treasurer | 0.5 | $0 | |
Perin Mahler Trustee | 0.5 | $0 | |
Dudley S Taft Jr Trustee | 0.5 | $0 | |
Ken Mahler Trustee | 0.5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $145,321 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $188,266 |
| Capital Gain Net Income | $188,266 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $333,587 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $5,500 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $31,444 |
| Total operating and administrative expenses | $62,899 |
| Contributions, gifts, grants paid | $206,900 |
| Total expenses and disbursements | $269,799 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $130,523 |
| 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 | $484 |
| Total assets | $3,413,168 |
| 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, Nlt Foundation Inc has awarded $206,900 in support to 28 organizations.
| Grant Recipient | Amount |
|---|---|
ACTIVITIES BEYOND THE CLASSROOM PURPOSE: UNRESTRICTED | $10,000 |
ART ACADEMY OF CINCINNATI PURPOSE: ARTS/ARTS EDUCATION | $10,000 |
ARTWORKS PURPOSE: ARTS/ARTS EDUCATION | $15,000 |
BOYS & GIRLS CLUBS OF GREATER CINCINNATI PURPOSE: GEOGRAPHIC FOCUS | $12,500 |
BOSTON MUSIC PROJECT PURPOSE: ARTS/ARTS EDUCATION | $10,000 |
BLACK ART SPEAKS PURPOSE: ARTS/ARTS EDUCATION | $5,000 |