The Reginald F Lewis Foundation Inc
- Assets
- $23.8m
- Revenue
- $2.7m
- Investments
- $23.5m
- Employees
- 0
- Location
- New York, NY
- Founding
- 02/1988
- Data as of
- 06/2022
- EIN
- 13-3429965
Organization Overview
The Reginald F Lewis Foundation Inc is located in New York, NY. The organization was established in 1988. 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. Reginald F Lewis 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 06/2022, Reginald F Lewis Foundation Inc generated $2.7m in total revenue. This represents relatively stable growth, over the past 3 years the organization has increased revenue by an average of 7.9% each year. All expenses for the organization totaled $2.7m during the year ending 06/2022. While expenses have increased by 16.4% per year over the past 3 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.
Since 2021, Reginald F Lewis Foundation Inc has awarded 118 individual grants totaling $3,226,350. 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 |
|---|---|---|---|
Loida N Lewis Chair And Director | 1 | $0 | |
Beverly A Cooper VP Sec. & Director | 37.5 | $112,000 | |
Anthony S Fugett Director | 1 | $0 | |
Christina Lewis Halpern Treasurer And Director | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $100 |
| Interest on Savings | $933 |
| Dividends & Interest | $321,216 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $2,337,111 |
| Capital Gain Net Income | $2,337,111 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $11,000 |
| Total Revenue | $2,670,360 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $112,000 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $8,763 |
| Interest | $0 |
| Taxes | $75,000 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $20,874 |
| Total operating and administrative expenses | $478,422 |
| Contributions, gifts, grants paid | $2,214,350 |
| Total expenses and disbursements | $2,692,772 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | -$20,650 |
| Savings and temporary cash investments | $273,353 |
| 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 | $9,541,969 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $23,773,636 |
| 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, The Reginald F Lewis Foundation Inc has awarded $2,214,350 in support to 54 organizations.
| Grant Recipient | Amount |
|---|---|
ACUITY PRODUCTIONS PURPOSE: SUPPORT THE MAIS THEATR'S PERFORMANCES | $1,000 |
AFRO CHARITIES PURPOSE: TO INVOLCE YOUNG PEOPLE IN ARCHIVAL RESEARCH | $5,000 |
ALL STAR CODE PURPOSE: SUPPORT PROGRAM TO TRAIN AFRICAN AMERICAN & HISPANIC BOYS TO CODE AND BE PREPARED FOR THE FUTURE | $300,000 |
ALPHA HOCKEY INC PURPOSE: SUPPORT CHILDREN'S ATHLETIC PROGRAM | $1,000 |
ALVIN AILEY AMERICAN DANCE THEATER PURPOSE: SUPPORT THE AILEY DANCE CAMP FOR STUDENTS | $25,000 |
AMERICA NEEDS YOU PURPOSE: SUPPORT FELLOWS PROGRAM IN NEW YORK | $5,000 |