Lydia B Stokes Foundation
- Assets
- $5.2m
- Revenue
- $1.2m
- Investments
- $4.7m
- Employees
- 0
- Location
- Vergennes, VT
- Founding
- 10/1961
- Data as of
- 06/2022
- EIN
- 21-6016107
Organization Overview
Lydia B Stokes Foundation is located in Vergennes, VT. The organization was established in 1961. 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. Lydia B Stokes 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 06/2022, Lydia B Stokes Foundation generated $1.2m in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 14.2% each year . All expenses for the organization totaled $632.7k during the year ending 06/2022. While expenses have increased by 3.2% 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 2015, Lydia B Stokes Foundation has awarded 250 individual grants totaling $3,587,021. 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 |
|---|---|---|---|
Nancy V Deren Co-Trustee | 12 | $5,000 | |
Thomas R Willits Co-Trustee | 8 | $5,000 | |
Thalia Venerable Co-Trustee | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $454,885 |
| Interest on Savings | $0 |
| Dividends & Interest | $123,107 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $573,592 |
| Capital Gain Net Income | $573,592 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $72,851 |
| Total Revenue | $1,224,435 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $10,000 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $6,629 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $5,965 |
| Printing and publications | $113 |
| Other expenses | $20,869 |
| Total operating and administrative expenses | $87,552 |
| Contributions, gifts, grants paid | $545,100 |
| Total expenses and disbursements | $632,652 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $384,937 |
| 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 | $2,571,576 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $146,763 |
| Total assets | $5,191,624 |
| 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, Lydia B Stokes Foundation has awarded $545,100 in support to 28 organizations.
| Grant Recipient | Amount |
|---|---|
AMERICAN FRIENDS SERVICE COMMITTEE PURPOSE: NEW MEXICO PEOPLEOF THE LAND PROGRAM | $8,000 |
CISA PURPOSE: GENERAL SUPPORT | $12,500 |
CULTURAL ARTS COALITION PURPOSE: GENERAL SUPPORT | $23,000 |
FIBERSHED PURPOSE: GENERAL SUPPORT | $10,000 |
FORAGE INC PURPOSE: GENERAL SUPPORTFOR WORKING FOOD | $75,000 |
FORAGE INC PURPOSE: CHEF EMPOWERMENT | $4,600 |