Lpl Financial Foundation Inc

Organization Overview

Lpl Financial Foundation Inc is located in Boston, MA. The organization was established in 2011. 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. Lpl Financial 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, Lpl Financial Foundation Inc generated $3.6m in total revenue. This represents relatively stable growth, over the past 5 years the organization has increased revenue by an average of 1.9% each year. All expenses for the organization totaled $3.0m during the year ending 12/2023. While expenses have increased by 9.0% per year over the past 5 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 2020, Lpl Financial Foundation Inc has awarded 3,433 individual grants totaling $8,233,986. 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)Compensation
Name Not Listed
President
$0
Name Not Listed
Assistant Clerk
$0
Name Not Listed
Director
$0
Name Not Listed
Director
$0
Name Not Listed
Director
$0
Name Not Listed
Member Designee
$0

Financial Statements

Statement of Revenue
Contributions, Gifts, Grants & Similar $3,432,718
Interest on Savings $126,307
Dividends & Interest $0
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 $3,559,025

Grants Awarded

Over the last fiscal year, Lpl Financial Foundation Inc has awarded $2,574,421 in support to 187 organizations.

Grant RecipientAmount

CHARITIES AID FOUNDATION AMERICA

PURPOSE: OPERATIONAL SUPPORT

$675,375

HADDONFIELD FRIENDS SCHOOL

PURPOSE: OPERATIONAL SUPPORT

$500

NOTRE DAME HIGH SCHOOL OF WEST HAVE

PURPOSE: OPERATIONAL SUPPORT

$500

BEREAN ACADEMY

PURPOSE: OPERATIONAL SUPPORT

$500

DEPAUL PROPERTIES INC

PURPOSE: OPERATIONAL SUPPORT

$500

BEREAN CHRISTIAN SCHOOL

PURPOSE: OPERATIONAL SUPPORT

$500
View Grant Profile

Peer Organizations

Organization NameAssets
Theodore J Forstmann Charitable Trust
New York, NY
$703,020
Redhill Foundation-Sam And Jean Rothberg Family Charitable Trust
New York, NY
$7,387,635
Hausman Family Charitable Trust
Boston, MA
$382,816
The Zegar Family Foundation
New York, NY
$35,430,517
The Blackrock Charitable Foundation
New York, NY
$10,722,340
Gavin Foundation Inc
South Boston, MA
$26,101,527
Dalio Foundation Inc
Westport, CT
$131,303,915
Synchrony Foundation
Stamford, CT
$2,446,644
Chesed Foundation Of America
New York, NY
$8,652,812
Steele Foundation For Hope
Bedford, NH
$37,541,151
Robert W Wilson Charitable Tr
New York, NY
$6,256,282
Estee Lauder Companies Charitable Foundation
New York, NY
$12,239,175
Wagner Foundation
Cambridge, MA
$35,918,783
Viola Foundation Inc
New York, NY
-$301,393
George I Alden Trust
Worcester, MA
$6,944,899
Dolphin Charitable Foundation
Boston, MA
-$101,763
Mark D Hostetter And Alexander N Habib Foundation
New York, NY
$18,404
Jmt Charitable Foundation
New York, NY
$9
Shipley Foundation Inc
Boston, MA
$10,387,848
Teiger Foundation
New York, NY
$2,904,861
Gerstner Family Foundation
Armonk, NY
$6,418,815
Steven K And Winifred A Grinspoon Foundation
Agawam, MA
$2,913,178
Cedar Tree Foundation Inc
Boston, MA
$4,072,972
Northlight Foundation Inc
New York, NY
$1,621,535
High Meadows Foundation
Boston, MA
$5,743,779

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