The Link Family Foundation
- Assets
- $1.9m
- Revenue
- $69.7k
- Investments
- $1.9m
- Employees
- 0
- Location
- Warren, VT
- Founding
- 05/1991
- Data as of
- 12/2018
- EIN
- 23-7647088
Organization Overview
The Link Family Foundation is located in Warren, VT. The organization was established in 1991. 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.
For the year ending 12/2018, Link Family Foundation generated $69.7k in total revenue. This organization has experienced exceptional growth, as over the past 3 years, it has increased revenue by an average of 41.1% each year . All expenses for the organization totaled $150.7k during the year ending 12/2018. While expenses have increased by 27.5% per year over the past 3 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.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Stephen C Link President | 2 | $0 | |
Bruce T Link Secretary | 2 | $0 | |
Gary C Link Treasurer | 2 | $0 | |
Gregory R Link Trustee | 1 | $0 | |
Daria L Morrissey Trustee | 1 | $0 | |
Rebecca M Link Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $867 |
| Dividends & Interest | $46,756 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $22,069 |
| Capital Gain Net Income | $15,988 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $69,692 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $2,831 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $0 |
| Total operating and administrative expenses | $5,672 |
| Contributions, gifts, grants paid | $145,000 |
| Total expenses and disbursements | $150,672 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $46,825 |
| 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 | $1,875,365 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $1,922,190 |
| 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 Link Family Foundation has awarded $145,000 in support to 9 organizations.
| Grant Recipient | Amount |
|---|---|
COMMUNITIES IN SCHOOLS PURPOSE: SCHOLARSHIP FUND | $20,000 |
MISERICORDIA UNIVERSITY PURPOSE: SCHOLARSHIP FUND | $20,000 |
OAKS ACADEMY PURPOSE: SCHOLARSHIP FUND | $20,000 |
ST FRANCIS XAVIER SCHOOL PURPOSE: SCHOLARSHIP FUND | $15,000 |
STUDENT PARTNER ALLIANCE PURPOSE: DISADVANTAGED YOUTH | $20,000 |
ST WILLIAMS CATHOLIC CHURCH PURPOSE: DONATION | $10,000 |