Lcu Fund For Womens Education Inc
- Assets
- $21.0m
- Revenue
- $1.2m
- Investments
- $19.9m
- Employees
- 0
- Location
- New York, NY
- Founding
- 03/1927
- Data as of
- 12/2023
- EIN
- 13-5562262
Organization Overview
Lcu Fund For Womens Education Inc is located in New York, NY. The organization was established in 1927. According to its NTEE Classification (L20) the organization is classified as: Housing Development, Construction & Management, under the broad grouping of Housing & Shelter and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Lcu Fund For Womens Education 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, Lcu Fund For Womens Education Inc generated $1.2m in total revenue. This organization has experienced exceptional growth, as over the past 9 years, it has increased revenue by an average of 13.8% each year . All expenses for the organization totaled $1.1m during the year ending 12/2023. While expenses have increased by 1.6% per year over the past 9 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 2015, Lcu Fund For Womens Education Inc has awarded 164 individual grants totaling $7,562,900. 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 |
|---|---|---|---|
Linda J Wright President | 5 | $0 | |
Lindsey Counts Vice President | 2 | $0 | |
Sandra Stevenson Secretary | 2 | $0 | |
Carol Ann Starmack Assistant Secretary | 2 | $0 | |
Sofya Shuster Treasurer | 2 | $0 | |
Sara Espinosa Executive Director | 40 | $116,225 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $44,272 |
| Interest on Savings | $0 |
| Dividends & Interest | $465,170 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $706,557 |
| Capital Gain Net Income | $706,557 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $1,215,999 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $116,225 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $16,576 |
| Interest | $0 |
| Taxes | $9,587 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $14,437 |
| Printing and publications | $0 |
| Other expenses | $34,545 |
| Total operating and administrative expenses | $292,138 |
| Contributions, gifts, grants paid | $789,000 |
| Total expenses and disbursements | $1,081,138 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $22,808 |
| Savings and temporary cash investments | $1,091,034 |
| 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 | $19,860,575 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $20,979,912 |
| Accounts payable and accrued expenses | $8,749 |
| 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 | $8,749 |
Grants Awarded
Over the last fiscal year, Lcu Fund For Womens Education Inc has awarded $789,000 in support to 21 organizations.
| Grant Recipient | Amount |
|---|---|
BANK STREET COLLEGE OF EDUCATION PURPOSE: HOUSING SUPPORT | $50,000 |
BARUCH COLLEGE PURPOSE: HOUSING SUPPORT | $70,000 |
CITY COLLEGE OF NEW YORK PURPOSE: HOUSING SUPPORT | $100,000 |
COLUMBIA UNIVERSITY SCHOOL OF SOCIAL WORK PURPOSE: HOUSING SUPPORT | $60,000 |
COLUMBIA UNIVERSITY SCHOOL OF NURSING PURPOSE: HOUSING SUPPORT | $70,000 |
JEWISH THEOLOGICAL SEMINARY PURPOSE: HOUSING SUPPORT | $45,000 |