Lehigh Valley Community Foundation is located in Allentown, PA. The organization was established in 1993. According to its NTEE Classification (T31) the organization is classified as: Community Foundations, under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. As of 06/2022, Lehigh Valley Community Foundation employed 14 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Lehigh Valley Community 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, Lehigh Valley Community Foundation generated $13.6m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 4.3% each year. All expenses for the organization totaled $8.4m during the year ending 06/2022. While expenses have increased by 9.4% 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, Lehigh Valley Community Foundation has awarded 957 individual grants totaling $37,216,035. 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
2022
Describe the Organization's Mission:
Part 3 - Line 1
TO DISTRIBUTE PHILANTHROPIC DONATIONS TO IMPROVE QUALITY OF LIFE FOR LEHIGH VALLEY RESIDENTS
Describe the Organization's Program Activity:
Part 3 - Line 4a
DURING FISCAL YEAR 2022, THE FOUNDATION MADE 762 GRANTS TOTALING OVER $6.8 MILLION. OVER 375 NON-PROFIT ORGANIZATIONS RECEIVED GRANTS TO MEET A WIDE RANGE OF NEEDS IN THE COMMUNITY. SEE CONTINUATION ON SCHEDULE OTHE FOUNDATION FORMALLY LAUNCHED ITS MORE PERMANENT GRANTMAKING PLATFORM WHICH PROVIDES SUPPORT IN THREE FOCUS AREAS (CAPACITY BUILDING, YOUTH AND FAMILIES, AND ART, CULTURE AND CREATIVE ECONOMY) AND INCORPORATES COMMUNITY LEADERSHIP. COMMUNITY LEADERSHIP IS DEFINED AS BEING A COMMUNITY PARTNER THAT CREATES A BETTER FUTURE FOR ALL BY PURSUING THE COMMUNITY'S GREATEST OPPORTUNITIES AND ADDRESSING THE MOST CRITICAL CHALLENGES, INCLUSIVELY UNITING PEOPLE, INSTITUTIONS, AND RESOURCES FROM THROUGHOUT THE COMMUNITY, AND PRODUCING SIGNIFICANT, WIDELY SHARED AND LASTING RESULTS. IN THE AREA OF CAPACITY BUILDING, THE FOUNDATION'S NONPROFIT EFFECTIVENESS PROGRAM CONTINUED TO BE A COMMUNITY-LEADING EFFORT AIMED AT NONPROFIT SUSTAINABILITY. IN FISCAL YEAR 2022, LVCF PROVIDED $164,000 OF UNRESTRICTED GRANTS THROUGH THIS PROGRAM. STAFF AND COMMUNITY PARTICIPANTS WORKED DILIGENTLY TO FIND BEST APPROACHES TO STRENGTHENING OUR COMMUNITY'S CRITICALLY IMPORTANT NONPROFIT ORGANIZATIONS SO THEY CAN PROSPER AND BE IMPACTFUL FOR YEARS TO COME. IN WORKING WITH SEVERAL NONPROFIT ORGANIZATIONS, A COMPREHENSIVE APPROACH TO GAUGE AND IMPROVE EFFECTIVENESS WAS USED, AND THE FOUNDATION PROVIDED FINANCIAL AND INTELLECTUAL SUPPORT FOR THOSE SELECTED TO PARTICIPATE IN THE PROGRAM. THIRD PARTY CONSULTANTS WERE ENGAGED TO PROVIDE EXPERTISE IN KEY AREAS OF EFFECTIVENESS AND THE FOUNDATION HOSTED SEVERAL COMMUNITY OF PRACTICE EVENTS AND FOCUS GROUP DISCUSSIONS.IN THE AREA OF YOUTH AND FAMILIES, THE FOUNDATION GRANTED MORE THAN $185,000 GENERAL OPERATING GRANTS TO AREA NON-PROFITS SERVING THESE GROUPS. THIS FLEXIBLE FUNDING PROVIDED SUPPORT FOR ORGANIZATIONS THAT PRIORITIZE EITHER MENTAL HEALTH NEEDS IN YOUNG PEOPLE OR FOCUS ON YOUTH LEADERSHIP DEVELOPMENT.THE FOUNDATION WAS NAMED AS A REGIONAL PARTNER AGENCY OF THE PENNSYLVANIA COUNCIL ON THE ARTS (PCA) TO DISTRIBUTE GRANT AWARDS FOR PROJECTS OR PROGRAMS INVOLVING ARTISTS THROUGHOUT CARBON, MONROE, LEHIGH AND NORTHAMPTON COUNTIES. THROUGH THE PARTNERSHIP, THE FOUNDATION WILL ASSIST THE PCA WITH ITS GOAL TO PROMOTE EQUITABLE ACCESS FOR ALL PENNSYLVANIANS TO PARTICIPATE FULLY IN A CREATIVE LIFE AND IN THE DIVERSE FORMS OF ARTS AND CULTURE IN THE COMMONWEALTH. IN FISCAL YEAR 2022, THE FOUNDATION MADE $78,000 OF PROGRAM STREAM GRANTS TO 26 ORGANIZATIONS AND $62,000 OF GRANTS TO 31 SMALL LOCAL BUSINESSES THROUGH THE CREATIVE ENTREPRENEUR ACCELERATOR PROGRAM.IN ADDITION TO FOUNDATION-DIRECTED GRANTMAKING AND COMMUNITY EFFORTS, THE FOUNDATION OFFERS A VARIETY OF PHILANTHROPIC GIVING OPPORTUNITIES TO MULTIPLE TYPES OF DONORS AND MAKES GRANTS TO A WIDE VARIETY OF CHARITABLE ORGANIZATIONS THROUGHOUT THE REGION. IN ORDER TO CONNECT DONORS WITH CAUSES THAT MATTER TO THEM, THE FOUNDATION CONTINUES TO PROMOTE COLLABORATION IN THE COMMUNITY AND TO SERVE AS A CENTER OF EXPERTISE REGARDING CHARITABLE GIVING AND COMMUNITY KNOWLEDGE. THE FOUNDATION'S COMMUNITY KNOWLEDGE AND EXPERTISE IS CONTINUALLY ENHANCED THROUGH SEVERAL ONGOING EFFORTS. THESE EFFORTS INCLUDE: MEETINGS WITH LEADERSHIP OF CHARITABLE ORGANIZATIONS TO HELP GATHER IMPORTANT INFORMATION ABOUT THE VARIETY AND QUALITY OF CHARITABLE CAUSES AND NEEDS ACROSS THE REGION; PARTICIPATION IN COMMUNITY INITIATIVES; HOSTING EVENTS AND CONVENING COMMUNITY-WIDE DISCUSSIONS ABOUT PHILANTHROPY AND CROSS-SECTOR INFORMATION GATHERING; AND WORKING WITH AREA GRANTMAKING ORGANIZATIONS TO ASSESS COMMUNITY NEEDS AND DEVELOP WAYS TO WORK COLLEGIALLY AS GRANTMAKERS IN THE COMMUNITY.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Sandra Bodnyk Chair | OfficerTrustee | 2.5 | $0 |
Anne M Reid CPA Vice Chair & Treasurer | OfficerTrustee | 2.5 | $0 |
Antonia Grifo ESQ Secretary | OfficerTrustee | 1.3 | $0 |
Geoffrey Borda CPA CVA Governor | Trustee | 0.75 | $0 |
Monica Brooks Governor | Trustee | 0.75 | $0 |
Luis Campos Governor | Trustee | 0.75 | $0 |
Statement of Revenue | |
---|---|
Federated campaigns | $0 |
Membership dues | $0 |
Fundraising events | $0 |
Related organizations | $0 |
Government grants | $347,599 |
All other contributions, gifts, grants, and similar amounts not included above | $6,948,770 |
Noncash contributions included in lines 1a–1f | $2,698,455 |
Total Revenue from Contributions, Gifts, Grants & Similar | $7,296,369 |
Total Program Service Revenue | $1,990 |
Investment income | $2,134,449 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $0 |
Net Rental Income | $0 |
Net Gain/Loss on Asset Sales | $4,126,975 |
Net Income from Fundraising Events | $0 |
Net Income from Gaming Activities | $0 |
Net Income from Sales of Inventory | $0 |
Miscellaneous Revenue | $0 |
Total Revenue | $13,559,783 |
Statement of Expenses | |
---|---|
Grants and other assistance to domestic organizations and domestic governments. | $6,624,193 |
Grants and other assistance to domestic individuals. | $195,338 |
Grants and other assistance to Foreign Orgs/Individuals | $13,000 |
Benefits paid to or for members | $0 |
Compensation of current officers, directors, key employees. | $342,865 |
Compensation of current officers, directors, key employees. | $68,573 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $395,602 |
Pension plan accruals and contributions | $16,397 |
Other employee benefits | $34,254 |
Payroll taxes | $58,540 |
Fees for services: Management | $0 |
Fees for services: Legal | $570 |
Fees for services: Accounting | $19,200 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $395,293 |
Fees for services: Other | $68,302 |
Advertising and promotion | $2,236 |
Office expenses | $10,177 |
Information technology | $51,225 |
Royalties | $0 |
Occupancy | $74,213 |
Travel | $1,543 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $30,915 |
Interest | $0 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $4,724 |
Insurance | $3,781 |
All other expenses | $9,959 |
Total functional expenses | $8,352,327 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $0 |
Savings and temporary cash investments | $5,326,849 |
Pledges and grants receivable | $14,534 |
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 | $31,384 |
Net Land, buildings, and equipment | $16,913 |
Investments—publicly traded securities | $64,536,770 |
Investments—other securities | $351,704 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $307,089 |
Total assets | $70,585,243 |
Accounts payable and accrued expenses | $46,136 |
Grants payable | $391,213 |
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 | $340,253 |
Total liabilities | $777,602 |
Net assets without donor restrictions | $69,796,190 |
Net assets with donor restrictions | $11,451 |
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 | $70,585,243 |
Over the last fiscal year, Lehigh Valley Community Foundation has awarded $6,188,324 in support to 124 organizations.
Grant Recipient | Amount |
---|---|
AFROS IN NATURE PURPOSE: HUMAN SERVICES | $10,000 |
ALLENTOWN AREA ECUMENICAL FOOD BANK PURPOSE: HUMAN SERVICES | $10,000 |
ALLENTOWN ART MUSEUM PURPOSE: ARTS, CULTURE | $134,260 |
ALLENTOWN RESCUE MISSION PURPOSE: HUMAN SERVICES | $8,460 |
ALLENTOWN SCHOOL DISTRICT FOUNDATION PURPOSE: EDUCATIONAL | $10,500 |
ALLENTOWN SYMPHONY ASSOCIATION PURPOSE: ARTS, CULTURE | $278,040 |