The Lumpkin Family Foundation
- Assets
- $40.3m
- Revenue
- $6.7m
- Investments
- $34.7m
- Employees
- 0
- Location
- Mattoon, IL
- Founding
- 03/1955
- Data as of
- 12/2021
- EIN
- 23-7423640
Organization Overview
The Lumpkin Family Foundation is located in Mattoon, IL. The organization was established in 1955. 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. Lumpkin Family 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 12/2021, Lumpkin Family Foundation generated $6.7m in total revenue. This organization has experienced exceptional growth, as over the past 4 years, it has increased revenue by an average of 15.7% each year . All expenses for the organization totaled $3.4m during the year ending 12/2021. You can explore the organizations financials more deeply in the financial statements section below.
Since 2020, Lumpkin Family Foundation has awarded 370 individual grants totaling $7,143,935. 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 |
|---|---|---|---|
Bruce Karmazin Executive Director | 40 | $219,516 | |
Daniel Doyle Program Officer | 40 | $96,619 | |
Laura Huddleston Program Officer | 40 | $54,551 | |
Sl Grissom Secretary & Assis. Treas. | 5 | $0 | |
Richard DE Wyngaert Treasurer | 5 | $0 | |
Christina S Duncan Vice President | 5 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Sustainable Equity Llc | 12/30/21 | $67,500 |
R W Baird & Company | 12/30/21 | $54,935 |
Neuberger Berman | 12/30/21 | $56,491 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $1,336,227 |
| Interest on Savings | $3,913 |
| Dividends & Interest | $911,800 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $4,457,943 |
| Capital Gain Net Income | $4,457,943 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $5,296 |
| Total Revenue | $6,715,179 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $219,516 |
| Other employee salaries and wages | $181,306 |
| Pension plans, employee benefits | $90,453 |
| Interest | $0 |
| Taxes | $83,089 |
| Depreciation | $0 |
| Occupancy | $25,259 |
| Travel, conferences, and meetings | $5,306 |
| Printing and publications | $134 |
| Other expenses | $37,196 |
| Total operating and administrative expenses | $937,712 |
| Contributions, gifts, grants paid | $2,424,477 |
| Total expenses and disbursements | $3,362,189 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $5,641,540 |
| 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 | $4,479,683 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $40,343,404 |
| 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, The Lumpkin Family Foundation has awarded $2,424,477 in support to 165 organizations.
| Grant Recipient | Amount |
|---|---|
Chicago, IL PURPOSE: CHARITABLE | $405,349 |
Chicago, IL PURPOSE: CHARITABLE | $105,000 |
Chicago, IL PURPOSE: ENVIRONMENT | $100,000 |
Salina, KS PURPOSE: CHARITABLE | $96,000 |
Champaign, IL PURPOSE: ENVIRONMENT | $90,750 |
Springfield, IL PURPOSE: ENVIRONMENT | $50,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Ed Uihlein Family Foundation Lake Forest, IL | $7,123,989 | $4,757,675 |
Joseph L & Sarah S Marcum Foundation Chicago, IL | $0 | $6,419,437 |
Kraft Heinz Company Foundation Chicago, IL | $398,764 | $8,002,636 |
State Farm Companies Foundation Bloomington, IL | $9,666,483 | $1,134 |
Bayer Fund St Louis, MO | $65,640,119 | $9,167,249 |
Marie C & Joseph C Wilson Foundation Chicago, IL | $0 | $53,412 |
Humana Foundation Inc Louisville, KY | $467,311,073 | $9,744,567 |
Alphawood Foundation Chicago, IL | $96,386,448 | $15,256,055 |
Steans Family Foundation Chicago, IL | $0 | $20,140,801 |
Reiman Foundation Inc Pewaukee, WI | $64,480,239 | $12,529,672 |
Roger And Susan Stone Family Foundation Northbrook, IL | $23,476,805 | $8,385,528 |
Galashiels Fund Ltd Northbrook, IL | $154,593,436 | $48,314,988 |