Lucey Charitable Foundation Inc
- Assets
- $1.7m
- Revenue
- $268.1k
- Investments
- $187.4k
- Employees
- 0
- Location
- Mount Pleasant, SC
- Founding
- 05/2010
- Data as of
- 12/2023
- EIN
- 26-1597219
Organization Overview
Lucey Charitable Foundation Inc is located in Mount Pleasant, SC. The organization was established in 2010. 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. Lucey Charitable Foundation Inc 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 12/2023, Lucey Charitable Foundation Inc generated $268.1k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 5 years, the organization has seen revenues fall by an average of (3.6%) each year. All expenses for the organization totaled $35.2k during the year ending 12/2023. As we would expect to see with falling revenues, expenses have declined by (15.7%) per year over the past 5 years. You can explore the organizations financials more deeply in the financial statements section below.
Since 2020, Lucey Charitable Foundation Inc has awarded 72 individual grants totaling $143,236. 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
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2023
Describe the Organization's Program Activity:
Part 3 - Line 4a
DONATE TO CHARITABLE, SCHOLASTIC, ENVIRONMENTAL AND COMMUNITY SERVICE ORGANIZATIONS.
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Justin O't Lucey President/se | 0 | $0 | |
Catherine Lucey Vice Preside | 0 | $0 | |
Molly Lucey Treasurer | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $200,000 |
| Interest on Savings | $74 |
| Dividends & Interest | $67,978 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $0 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $268,052 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $310 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $0 |
| Total operating and administrative expenses | $1,860 |
| Contributions, gifts, grants paid | $33,346 |
| Total expenses and disbursements | $35,206 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $189,441 |
| Savings and temporary cash investments | $1,328,006 |
| Net Accounts receivable | $281 |
| 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 | $0 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $1,705,118 |
| 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, Lucey Charitable Foundation Inc has awarded $33,346 in support to 17 organizations.
| Grant Recipient | Amount |
|---|---|
AMERICAN RED CROSS PURPOSE: DISASTER RELIEF | $1,000 |
CAROLINA YOUTH DEVELOPMENT CENTER PURPOSE: YOUTH DEVELOPMENT | $5,000 |
CENTER FOR HEIRS PROPERTY PURPOSE: SUSTAINABLE USE OF LAND | $1,000 |
DELANCEY STREET FOUNDATION PURPOSE: RESIDENTIAL REHABILITATION SERVICES | $4,224 |
COASTAL CONSERVATION LEAGUE PURPOSE: PROTECT OF NATURAL RESOURCES | $5,000 |
DOCTORS WITHOUT BORDERS PURPOSE: DONATION | $1,000 |