Lincoln Health Care Foundation
- Assets
- $1.4m
- Revenue
- $77.2k
- Investments
- $1.3m
- Employees
- 0
- Location
- Charlotte, NC
- Founding
- 10/1977
- Data as of
- 12/2021
- EIN
- 38-1359220
Organization Overview
Lincoln Health Care Foundation is located in Charlotte, NC. The organization was established in 1977. According to its NTEE Classification (E11) the organization is classified as: Single Organization Support, under the broad grouping of Health Care and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations.
Form
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2021
Describe the Organization's Program Activity:
Part 3 - Line 4a
NA - DOES NOT CONDUCT ANY DIRECT CHARITABLE ACTIVITIES
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Stephen B Landers III MD President | 5 | $0 | |
Wendy D Marbury Vice President | 0.5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $983 |
| Dividends & Interest | $20,868 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $55,375 |
| Capital Gain Net Income | $55,375 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $77,226 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $12,000 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $572 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $24,572 |
| Total operating and administrative expenses | $41,144 |
| Contributions, gifts, grants paid | $75,000 |
| Total expenses and disbursements | $116,144 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $17,415 |
| Savings and temporary cash investments | $21,014 |
| 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 | $512 |
| Total assets | $1,368,836 |
| Accounts payable and accrued expenses | $4,050 |
| 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 | $4,050 |
Grants Awarded
Over the last fiscal year, Lincoln Health Care Foundation has awarded $75,000 in support to 10 organizations.
| Grant Recipient | Amount |
|---|---|
SECOND HARVEST FOOD BANK PURPOSE: COMMUNITY FOOD BANK ASSISTANCE | $12,000 |
Charlotte, NC PURPOSE: HOMELESS PROGRAMS | $10,000 |
Charlotte, NC PURPOSE: PATIENT ASSISTANCE FUND | $10,000 |
Charlotte, NC PURPOSE: EMERGENCY FINANCIAL ASSISTANCE PROGRAM | $10,000 |
Charlotte, NC PURPOSE: CHILD CARE PROGRAMS | $10,000 |
CHARLOTTE COMMUNITY HEALTH CLINIC PURPOSE: MEDICAL CARE FOR LOW INCOME AND UNINSURED | $8,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Intrahealth International Inc Chapel Hill, NC | $25,698,138 | $95,131,742 |
Moses Cone Medical Services Inc Greensboro, NC | $66,450,127 | $85,429,043 |
Sheet Metal Workers National Health Fund Goodlettsville, TN | $59,855,607 | $61,652,205 |
Corvesta Inc Roanoke, VA | $82,180,783 | -$1,235,003 |
Inova Health System Foundation Fairfax, VA | $6,680,265,525 | $824,217,139 |
Carolina Medicorp Enterprises Llc Winston Salem, NC | $11,898,708 | $46,315,888 |
Childrens Health System Inc Norfolk, VA | $122,433,385 | $34,959,405 |
Fauquier Health Foundation Warrenton, VA | $249,193,841 | $9,571,718 |
Chesapeake Regional Medical Group Chesapeake, VA | $4,557,734 | $12,231,172 |
North Carolina Agricultural Foundation Inc Raleigh, NC | $248,209,354 | $30,308,869 |
Mid-South Carp Regional Council Health & Welfare Fund Goodlettsville, TN | $42,702,855 | $23,372,218 |
Childrens Hospital And Healthcare Services Foundation Richmond, VA | $253,228,925 | $70,265,641 |