Mickey Lione Jr Fund Inc
- Assets
- $746.3k
- Revenue
- $30.6k
- Investments
- $0.0
- Employees
- 0
- Location
- Stamford, CT
- Founding
- 12/2007
- Data as of
- 06/2024
- EIN
- 14-1919346
Organization Overview
Mickey Lione Jr Fund Inc is located in Stamford, CT. The organization was established in 2007. According to its NTEE Classification (B82) the organization is classified as: Scholarships & Student Financial Aid, under the broad grouping of Education and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Mickey Lione Jr 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 06/2024, Mickey Lione Jr Fund Inc generated $30.6k in total revenue. This represents relatively stable growth, over the past 9 years the organization has increased revenue by an average of 7.7% each year. All expenses for the organization totaled $43.0k during the year ending 06/2024. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, Mickey Lione Jr Fund Inc has awarded 66 individual grants totaling $227,716. 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.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2024
Describe the Organization's Mission:
Part 3 - Line 1
THE FUND IS PURSUING THE MISSION OF PERPETUATING THE MEMORY OF MICKEY LIONE JR. WHO BY HIS INSTRUCTION AND EXAMPLE, TAUGHT AND ENCOURAGED YOUNG PEOPLE TO STRIVE FOR PERSONAL EXCELLENCE AND MAKE A POSITIVE IMPACT ON THEIR PEERS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
TO PROVIDE SCHOLARSHIPS GRANTS TO HIGH SCHOOL STUDENTS WHO BEST MEET THE ESTABLISHED CRITERIA FOR LEADERSHIP AND EXCELLENCE.
TO SUPPORT LOCAL CHILDREN'S ATHLETIC ORGANIZATIONS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Jerry Lione President | OfficerTrustee | 1 | $0 |
Steve Bedosky Vice President | OfficerTrustee | 1 | $0 |
Fredrick Farina Treasurer | OfficerTrustee | 1 | $0 |
Debby Lione Secretary | OfficerTrustee | 1 | $0 |
Mike Aldrich Director | Trustee | 1 | $0 |
William Arnone Director | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $7,572 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $7,572 |
| Total Program Service Revenue | $0 |
| Investment income | $23,029 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $30,601 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $37,545 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $1,500 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $2,050 |
| Office expenses | $617 |
| Information technology | $364 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $922 |
| All other expenses | $0 |
| Total functional expenses | $42,998 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $5,998 |
| Savings and temporary cash investments | $28,869 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $711,425 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $746,292 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $0 |
| Net assets without donor restrictions | $746,292 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $746,292 |
Grants Awarded
Over the last fiscal year, Mickey Lione Jr Fund Inc has awarded $21,500 in support to 2 organizations.
| Grant Recipient | Amount |
|---|---|
STAMFORD STARS SOFTBALL PURPOSE: SUPPORT FOR TWO WORLD SERIES TEAMS, AND SPORTS LEAGUE GRANT. | $12,000 |
BABE RUTH BASEBALL OF STAMFORD INC PURPOSE: SUPPORT FOR WORLD SERIES TEAM, AND SPORTS LEAGUE GRANT. | $9,500 |