Lindau Foundation Inc
- Assets
- $966.7k
- Revenue
- -$4.1k
- Investments
- $840.2k
- Employees
- 0
- Location
- Elmira, NY
- Founding
- 02/1974
- Data as of
- 04/2023
- EIN
- 16-1020704
Organization Overview
Lindau Foundation Inc is located in Elmira, NY. The organization was established in 1974. 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. Lindau 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.
Since 2016, Lindau Foundation Inc has awarded 48 individual grants totaling $214,326. 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 |
|---|---|---|---|
Margaret L Powers Secretary | 0.25 | $0 | |
Laura Powers Hill Vice Preside | 0.25 | $0 | |
Linda Powers Orbanac President/tr | 0.25 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $22,880 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | -$26,945 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | -$4,065 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $2,319 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $1,247 |
| Printing and publications | $0 |
| Other expenses | $251 |
| Total operating and administrative expenses | $12,212 |
| Contributions, gifts, grants paid | $40,000 |
| Total expenses and disbursements | $52,212 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $12,171 |
| Savings and temporary cash investments | $114,266 |
| 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 | $840,229 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $966,666 |
| 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, Lindau Foundation Inc has awarded $40,000 in support to 10 organizations.
| Grant Recipient | Amount |
|---|---|
CHEMUNG COUNTY PERFORMING ARTS CTR PURPOSE: GENERAL SUPPORT | $16,500 |
ELMIRA COLLEGE PURPOSE: PURCHASE 3 STEREO MICROSCOPES | $3,000 |
CCC DEVELOPMENT FOUNDATION PURPOSE: SPENCER CREST NATURE & RECEARCH CTR | $3,000 |
ARNOT HEALTH FOUNDATION PURPOSE: GENERAL SUPPORT | $3,000 |
SOUTHSIDE COMMUNITY CENTER PURPOSE: PROGRAM SUPPORT | $2,500 |
BAMPA'S HOUSE PURPOSE: GENERAL SUPPORT | $2,000 |