Ann & Lars Lewander Scholarship Foundation Inc
- Assets
- $508.2k
- Revenue
- $58.5k
- Investments
- $480.2k
- Employees
- 0
- Location
- Sarasota, FL
- Founding
- 06/2011
- Data as of
- 12/2023
- EIN
- 27-2554822
Organization Overview
Ann & Lars Lewander Scholarship Foundation Inc is located in Sarasota, FL. The organization was established in 2011. According to its NTEE Classification (B82) the organization is classified as: Scholarships & Student Financial Aid, under the broad grouping of Education and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Ann & Lars Lewander Scholarship 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, Ann & Lars Lewander Scholarship Foundation Inc generated $58.5k in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 3.4% each year. All expenses for the organization totaled $57.1k during the year ending 12/2023. While expenses have increased by 1.1% per year over the past 8 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.
Since 2015, Ann & Lars Lewander Scholarship Foundation Inc has awarded 91 individual grants totaling $527,900. 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 |
|---|---|---|---|
Lars President | 0 | $0 | |
Michael Havey Director | 0 | $0 | |
Michael Phelan Director | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $122 |
| Dividends & Interest | $35,778 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $22,646 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $58,546 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $918 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $0 |
| Total operating and administrative expenses | $1,618 |
| Contributions, gifts, grants paid | $55,500 |
| Total expenses and disbursements | $57,118 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $27,916 |
| Savings and temporary cash investments | $0 |
| 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 | $508,158 |
| 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 | $1,250 |
| Total liabilities | $1,250 |
Grants Awarded
Over the last fiscal year, Ann & Lars Lewander Scholarship Foundation Inc has awarded $55,500 in support to 6 organizations.
| Grant Recipient | Amount |
|---|---|
IRINI PSOMAS PURPOSE: EDUCATIONAL SCHOLARSHIP | $10,000 |
TIFFANY PAVER PURPOSE: EDUCATIONAL SCHOLARSHIP | $10,000 |
TESSA ETCHISON PURPOSE: EDUCATIONAL SCHOLARSHIP | $10,000 |
KAYLING LUMLEY PURPOSE: EDUCATIONAL SCHOLARSHIP | $8,500 |
CRYSTAL PAVER PURPOSE: EDUCATIONAL SCHOLARSHIP | $8,000 |
ALYSSA FOLEY PURPOSE: EDUCATIONAL SCHOLARSHIP | $9,000 |