David T Langrock Foundation is located in Westport, CT. The organization was established in 1973. 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.
For the year ending 11/2023, David T Langrock Foundation generated $43.1k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 4 years, the organization has seen revenues fall by an average of (5.3%) each year. All expenses for the organization totaled $122.7k during the year ending 11/2023. You can explore the organizations financials more deeply in the financial statements section below.
Since 2020, David T Langrock Foundation has awarded 22 individual grants totaling $309,500. 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.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
John W Hogan Jr Co-Trustee | 0 | $0 | |
Joan H Gillman Co-Trustee | 0 | $17,500 | |
Lee Goldstein Co-Trustee | 0 | $0 |
Statement of Revenue | |
---|---|
Contributions, Gifts, Grants & Similar | $0 |
Interest on Savings | $0 |
Dividends & Interest | $58,193 |
Net Rental Income | $0 |
Net Gain on Sale of Assets | -$15,111 |
Capital Gain Net Income | $0 |
Net ST Capital Gain | $0 |
Income Modifications | $0 |
Profit on Inventory Sales | $0 |
Other Income | $0 |
Total Revenue | $43,082 |
Statement of Expenses | |
---|---|
Compensation of officers, directors, trustees, etc | $17,500 |
Other employee salaries and wages | $0 |
Pension plans, employee benefits | $0 |
Interest | $0 |
Taxes | $0 |
Depreciation | $0 |
Occupancy | $0 |
Travel, conferences, and meetings | $0 |
Printing and publications | $0 |
Other expenses | $20 |
Total operating and administrative expenses | $19,720 |
Contributions, gifts, grants paid | $103,000 |
Total expenses and disbursements | $122,720 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $0 |
Savings and temporary cash investments | $444,653 |
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 | $1,619,853 |
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 |
Over the last fiscal year, David T Langrock Foundation has awarded $103,000 in support to 6 organizations.
Grant Recipient | Amount |
---|---|
THE MATTATUCK MUSEUM FOUNDATION PURPOSE: UNRESTRICTED GENERAL SUPPORT | $10,000 |
THE WADSWORTH ANTHENEUM PURPOSE: UNRESTRICTED GENERAL SUPPORT | $23,000 |
THE FLORENCE GRISWOLD MUSEUM PURPOSE: UNRESTRICTED GENERAL SUPPORT | $15,000 |
NEW HAVEN FESTIVAL OF ARTS IDEAS PURPOSE: UNRESTRICTED GENERAL SUPPORT | $30,000 |
NEW BRITAIN MUSEUM OF AMERICAN ART PURPOSE: UNRESTRICTED GENERAL SUPPORT | $10,000 |
THE NORWALK ART SPACE PURPOSE: UNRESTRICTED GENERAL SUPPORT | $15,000 |