Lehigh Carbon Community College Foundation

Organization Overview

Lehigh Carbon Community College Foundation is located in Schnecksville, PA. The organization was established in 1992. 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. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Lehigh Carbon Community College 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 Carbon Community College Foundation generated $2.8m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 9.1% each year. All expenses for the organization totaled $1.1m during the year ending 06/2022. While expenses have increased by 2.1% 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.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2022

Describe the Organization's Mission:

Part 3 - Line 1

THE LEHIGH CARBON COMMUNITY COLLEGE FOUNDATION GENERATES THE PHILANTHROPIC RESOURCES TO SUPPORT THE LEHIGH CARBON COMMUNITY COLLEGE'S MISSION, PROGRAMS, AND CAPITAL PROJECTS THAT HELP TURN STUDENT ASPIRATIONS INTO REALITY THROUGH EDUCATION.

Describe the Organization's Program Activity:

Part 3 - Line 4a

OUR CONTINUED GOAL IS TO SERVE THE BEST INTEREST OF OUR STUDENTS AND TO IMPROVE THEIR CHANCES FOR SUCCESS THROUGH ENCOURAGING COLLEGE READINESS; DEVELOPING SCHOOL DISTRICT, WORKFORCE, AND COMMUNITY PARTNERS; BROADENING THE UNDERSTANDING AND APPLICATION OF BEST PRACTICES IN ENROLLMENT MANAGEMENT; FOSTERING STUDENT LEARNING, STUDENT DEVELOPMENT, ACADEMIC SUCCESS, AND PERSISTENCE TO GOAL ATTAINMENT; ENSURING A DIVERSE AND INCLUSIVE ENVIRONMENT TO FACILITATE STUDENT LEARNING AND ENGAGEMENT; AND ACTING RESPONSIBLY AND ETHICALLY IN THE STEWARDSHIP AND DEVELOPMENT OF INSTITUTIONAL RESOURCES.THE LEHIGH CARBON COMMUNITY COLLEGE FOUNDATION PROVIDES FINANCIAL SUPPORT AS FOLLOWS ANNUALLY: GRANTS: ANNUAL OPERATING STUDENT SCHOLARSHIPS GRANTS FOR PROGRAM SUPPORT ENDOWMENTS SERVICES FOR STUDENTS WITH DISABILITIES


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Board, Officers & Key Employees

Name (title)Compensation
Bernard Lesavoy
Chairperson
$0
Jill Hewes
Vice Chair
$0
Richard Kern
Treasurer
$0
Robin Flores
Secretary
$0
Annabelle Creveling
Trustee Representative
$0
Silvia Maldonado-Vargas
Executive Director
$0

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$94,724
Related organizations$0
Government grants $0
All other contributions, gifts, grants, and similar amounts not included above$687,036
Noncash contributions included in lines 1a–1f $8,888
Total Revenue from Contributions, Gifts, Grants & Similar$781,760
Total Program Service Revenue$0
Investment income $1,401,812
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $525,925
Net Gain/Loss on Asset Sales $122,111
Net Income from Fundraising Events -$24,904
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $2,806,704

Grants Recieved

Over the last fiscal year, we have identified 14 grants that Lehigh Carbon Community College Foundation has recieved totaling $396,479.

Awarding OrganizationAmount
John E Morgan Foundation Inc

New York, NY

PURPOSE: SCHOLARSHIPS - LIST ATTACHED

$131,858
John E Morgan Foundation Inc

New York, NY

PURPOSE: SCHOLARSHIPS - LIST ATTACHED

$76,413
John E Morgan Foundation Inc

New York, NY

PURPOSE: SCHOLARSHIPS AND WORKFORCE TRAINING PROJECT

$50,000
Harry C Trexler Estate

Allentown, PA

PURPOSE: TO UNDERWRITE STUDENT AID, TECHNOLOGY AND OTHER CHALLENGES RELATED TO COVID-19.

$50,000
John A And Margaret Post Foundation Inc

Mt Bethel, PA

PURPOSE: CHARITABLE

$20,000
At&t Foundation

Dallas, TX

PURPOSE: EDUCATION

$15,000
View Grant Recipient Profile

Endowment Analysis

Beg. Balance$12,148,767
Earnings-$1,714,269
Net Contributions$318,698
Other Expense$52,000
Ending Balance$10,701,196

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