Stefan B Lichter Memorial Fund Inc is located in Bay Shore, NY. The organization was established in 1993. According to its NTEE Classification (T31) the organization is classified as: Community 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. Stefan B Lichter Memorial Fund 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 05/2022, Stefan B Lichter Memorial Fund Inc generated $4.1k in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 4.9% each year. All expenses for the organization totaled $2.9k during the year ending 05/2022. While expenses have increased by 5.5% per year over the past 6 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.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2022
Describe the Organization's Program Activity:
Part 3
GAVESCHOLARSHIPTOHIGHSCHOOLSTUDENTSTUDYINGMUSIC
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Carolyn Lichter Pres | 1 | $0 | |
Aaron A Lichter Treasurer | 1 | $0 |
Statement of Revenue | |
---|---|
Total Revenue from Contributions, Gifts, Grants & Similar | $3,177 |
Total Program Service Revenue | $0 |
Membership dues | $0 |
Investment income | $917 |
Gain or Loss | $0 |
Net Income from Gaming & Fundraising | $0 |
Other Revenue | $0 |
Total Revenue | $4,094 |
Statement of Expenses | |
---|---|
Grants and similar amounts paid | $0 |
Benefits paid to or for members | $0 |
Salaries, other compensation, and employee benefits | $0 |
Professional fees and other payments to independent contractors | $212 |
Occupancy, rent, utilities, and maintenance | $0 |
Printing, publications, postage, and shipping | $58 |
Other expenses | $161 |
Total expenses | $2,931 |
Balance Sheet | |
---|---|
Cash, savings, and investments | $73,601 |
Other assets | $0 |
Total assets | $73,601 |
Total liabilities | $0 |
Net assets or fund balances | $73,601 |
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