David B Lynch Foundation
- Assets
- $4.5m
- Revenue
- $348.0k
- Investments
- $4.4m
- Employees
- 0
- Location
- Wilmington, DE
- Founding
- 07/2004
- Data as of
- 09/2022
- EIN
- 20-0458302
Organization Overview
David B Lynch Foundation is located in Wilmington, DE. The organization was established in 2004. 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. David B Lynch Foundation 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 09/2022, David B Lynch Foundation generated $348.0k in total revenue. This organization has experienced exceptional growth, as over the past 6 years, it has increased revenue by an average of 36.5% each year . All expenses for the organization totaled $299.8k during the year ending 09/2022. While expenses have increased by 45.7% per year over the past 6 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 2017, David B Lynch Foundation has awarded 90 individual grants totaling $1,318,194. 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
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2022
Describe the Organization's Program Activity:
Part 3 - Line 4a
N/A
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Brown Brothers Harriman Tr Co Of DE Trustee | 1 | $27,604 | |
Ms Linda H Lynch Trustee | 1 | $0 | |
Mrs Ernestine L Friertz Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $113,182 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $234,844 |
| Capital Gain Net Income | $234,844 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $348,026 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $27,604 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $5,159 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $7 |
| Total operating and administrative expenses | $46,778 |
| Contributions, gifts, grants paid | $252,976 |
| Total expenses and disbursements | $299,754 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $159,301 |
| 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 | $3,315,643 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $4,526,108 |
| 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, David B Lynch Foundation has awarded $252,976 in support to 19 organizations.
| Grant Recipient | Amount |
|---|---|
UNIVERSITY OF RICHMOND CHARITABLE GRANT PURPOSE: GENERAL PURPOSE | $60,000 |
Bethesda, MD PURPOSE: GENERAL PURPOSE | $25,000 |
Toledo, OH PURPOSE: GENERAL PURPOSES | $25,000 |
Boston, MA PURPOSE: GENERAL PURPOSE | $12,000 |
Boston, MA PURPOSE: GENERAL | $10,000 |
Boston, MA PURPOSE: GENERAL PURPOSE | $10,000 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that David B Lynch Foundation has recieved totaling $50,000.
| Awarding Organization | Amount |
|---|---|
John & Amy Griffin Foundation Inc Pearl River, NY PURPOSE: TRANSCENDENTAL MEDITATION TEACHER FELLOWSHIP | $50,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Oberkotter Foundation Philadelphia, PA | $83,021,123 | $23,009,013 |
Pnc Foundation Pittsburgh, PA | $218,373,148 | $3,451,991 |
Peter Alfond Foundation Bethesda, MD | $78,752,550 | $129,307,233 |
Service Coordination Inc Frederick, MD | $19,156,790 | $52,158,150 |
Sarah Scaife Foundation Inc Pittsburgh, PA | $645,014,499 | $79,121,296 |
Prudential Foundation Inc Newark, NJ | $137,651,624 | $53,115,847 |
J Howard Pew Freedom Tr Philadelphia, PA | $675,828,558 | $64,346,772 |
J Willard And Alice S Marriott Foundation Bethesda, MD | $441,340,618 | $31,840,539 |
Mccune Foundation Pittsburgh, PA | $180,488,577 | $38,182,239 |
Aurora Foundation Wilmington, DE | $762,186,529 | $34,829,057 |
Segal Family Foundation Inc Warren, NJ | $106,923,735 | $21,683,461 |
Dietrich Foundation Pittsburgh, PA | $1,425,693,584 | $93,476,192 |