Niagara Lutheran Home Foundation Inc

Organization Overview

Niagara Lutheran Home Foundation Inc is located in Lancaster, NY. The organization was established in 1988. According to its NTEE Classification (T70) the organization is classified as: Federated Giving Programs, 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. Niagara Lutheran Home 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 12/2021, Niagara Lutheran Home Foundation Inc generated $2.3m in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 14.4% each year . All expenses for the organization totaled $1.1m during the year ending 12/2021. While expenses have increased by 2.5% per year over the past 7 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 2014, Niagara Lutheran Home Foundation Inc has awarded 37 individual grants totaling $6,485,820. 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.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2021

Describe the Organization's Mission:

Part 3 - Line 1

OUR MISSION IS TO PROVIDE FOR THE PHYSICAL, SOCIAL, AND SPIRITUAL NEEDS OF THE INDIVIDUALS WE SERVE, IN A CHRISTIAN ENVIRONMENT. THE ORGANIZATION'S PRIMARY ACTIVITY IS FUND RAISING TO IMPROVE THE QUALITY OF LIFE FOR THE RESIDENTS AND THE WORK ENVIRONMENT FOR THE CAREGIVERS OF ITS RELATED ORGANIZATIONS.

Describe the Organization's Program Activity:

Part 3 - Line 4a

RAISED FUNDS TO HELP IMPROVE THE QUALITY OF LIFE FOR THE RESIDENTS AND THE WORK ENVIRONMENT FOR THE CAREGIVERS OF ITS RELATED ORGANIZATIONS BY CONTRIBUTING TOWARDS THE PURCHASE OF NECESSARY EQUIPMENT, PROGRAMS, AND FURNISHINGS AND THE EXPANSION OF RELATED ORGANIZATIONS.


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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$1,082,728
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$1,082,728
Total Program Service Revenue$0
Investment income $293,810
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $914,403
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $2,290,941

Grants Awarded

Over the last fiscal year, Niagara Lutheran Home Foundation Inc has awarded $396,319 in support to 5 organizations.

Grant RecipientAmount

NIAGARA LUTHERAN HEALTH SYSTEM INC

Org PageRecipient Profile

Lancaster, NY

PURPOSE: The purpose of this contribution was for the Child Daycare and Wellness Center and for the Lineage Group Collaboration.

$201,512

LUTHERAN CHURCH HOME AT GREENFIELD INC

Org PageRecipient Profile

Lancaster, NY

PURPOSE: The purpose of this contribution was for the benevolent fund for residents and resident activities.

$73,305

GREENFIELD HEALTH AND REHABILITATION CENTER INC

Org PageRecipient Profile

Lancaster, NY

PURPOSE: The purpose of this contribution was for resident activities, music program, hospitality program, and equipment.

$70,950

GREENFIELD MANOR INC

Org PageRecipient Profile

Lancaster, NY

PURPOSE: The purpose of this contribution was for a benevolent funds for residents, grounds beautification, as well as other resident activities.

$31,910

LUTHERAN CHURCH HOME OF BUFFALO INC

Org PageRecipient Profile

Lancaster, NY

PURPOSE: The purpose of the contribution was for a benevolent fund for residents, music and memory program, and resident activities.

$18,642
View Grant Profile

Grants Recieved

Over the last fiscal year, we have identified 3 grants that Niagara Lutheran Home Foundation Inc has recieved totaling $260,035.

Awarding OrganizationAmount
Community Foundation For Greater Buffalo Inc

Buffalo, NY

PURPOSE: UNRESTRICTED USE

$152,535
Odd Fellow And Rebekah Benefit Fund Inc

Lockport, NY

PURPOSE: PURCHASE PHYSICAL THERAPY EQUIPMENT.

$100,000
The Bessemer Giving Fund

Woodbridge, NJ

PURPOSE: GENERAL SUPPORT

$7,500
View Grant Recipient Profile

Endowment Analysis

Beg. Balance$206,007
Ending Balance$206,007

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