Lucille Previti Lupton Foundation Inc
- Assets
- $6.1m
- Revenue
- $436.6k
- Investments
- $5.8m
- Employees
- 0
- Location
- Northfield, NJ
- Founding
- 02/2010
- Data as of
- 12/2023
- EIN
- 27-1301607
Organization Overview
Lucille Previti Lupton Foundation Inc is located in Northfield, NJ. The organization was established in 2010. According to its NTEE Classification (T22) the organization is classified as: Private Independent 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. Lucille Previti Lupton 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, Lucille Previti Lupton Foundation Inc generated $436.6k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 8 years, the organization has seen revenues fall by an average of (7.3%) each year. All expenses for the organization totaled $560.1k during the year ending 12/2023. You can explore the organizations financials more deeply in the financial statements section below.
Since 2016, Lucille Previti Lupton Foundation Inc has awarded 51 individual grants totaling $2,843,810. 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 |
|---|---|---|---|
Frank Previti President | 0 | $9,150 | |
Maureen Previti V. President | 0 | $9,150 | |
Christina Previti Treas/secret | 0 | $9,150 | |
Maureen Regina Previti Trustee | 0 | $9,150 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $1,164 |
| Dividends & Interest | $120,846 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $314,637 |
| Capital Gain Net Income | $120,916 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $436,647 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $36,600 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $0 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $0 |
| Total operating and administrative expenses | $80,138 |
| Contributions, gifts, grants paid | $480,000 |
| Total expenses and disbursements | $560,138 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $129,939 |
| Savings and temporary cash investments | $189,939 |
| 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 | $0 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $6,144,577 |
| 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, Lucille Previti Lupton Foundation Inc has awarded $480,000 in support to 6 organizations.
| Grant Recipient | Amount |
|---|---|
ACCC FOUNDATION PURPOSE: EDUCATION | $25,000 |
GEORGETOWN UNIVERSITY PURPOSE: EDUCATION | $83,333 |
GEORGETOWN UNIVERSITY IV PURPOSE: EDUCATION | $166,667 |
HOLLY SPIRIT HIGH SCHOOL PURPOSE: EDUCATION | $100,000 |
SETON HALL UNIVERSITY PURPOSE: EDUCATION | $25,000 |
GEORGETOWN UNIVERSITY V PURPOSE: EDUCATION | $80,000 |