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.
For the year ending 12/2022, Lincoln Health Care Foundation generated $106.1k in total revenue. This organization has experienced exceptional growth, as over the past 2 years, it has increased revenue by an average of 17.2% each year . All expenses for the organization totaled $104.9k during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
Since 2021, Lincoln Health Care Foundation has awarded 20 individual grants totaling $155,000. 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
2022
Describe the Organization's Program Activity:
Part 3 - Line 4a
NA - DOES NOT CONDUCT ANY DIRECT CHARITABLE ACTIVITIES
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Stephen B Landers III MD President | 5 | $0 | |
Wendy D Marbury Vice President | 1 | $0 |
Statement of Revenue | |
---|---|
Contributions, Gifts, Grants & Similar | $0 |
Interest on Savings | $2,017 |
Dividends & Interest | $30,283 |
Net Rental Income | $0 |
Net Gain on Sale of Assets | $73,838 |
Capital Gain Net Income | $73,838 |
Net ST Capital Gain | $0 |
Income Modifications | $0 |
Profit on Inventory Sales | $0 |
Other Income | $0 |
Total Revenue | $106,138 |
Statement of Expenses | |
---|---|
Compensation of officers, directors, trustees, etc | $0 |
Other employee salaries and wages | $0 |
Pension plans, employee benefits | $0 |
Interest | $0 |
Taxes | $1,151 |
Depreciation | $0 |
Occupancy | $0 |
Travel, conferences, and meetings | $0 |
Printing and publications | $0 |
Other expenses | $19,724 |
Total operating and administrative expenses | $24,875 |
Contributions, gifts, grants paid | $80,000 |
Total expenses and disbursements | $104,875 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $21,377 |
Savings and temporary cash investments | $84,090 |
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 | $1,370,688 |
Accounts payable and accrued expenses | $4,639 |
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 | $4,639 |
Over the last fiscal year, Lincoln Health Care Foundation has awarded $80,000 in support to 10 organizations.
Grant Recipient | Amount |
---|---|
CHILD CARE RESOURCES PURPOSE: CHILD CARE PROGRAMS | $8,000 |
CRISIS ASSISTANCE MINISTRY PURPOSE: EMERGENCY FINANCIAL ASSISTANCE PROGRAM | $10,000 |
TEEN HEALTH CONNECTION PURPOSE: PATIENT ASSISTANCE FUND | $10,000 |
NC MEDASSIST PURPOSE: MEDICATION AND HEALTHCARE ASSISTANCE | $7,000 |
SECOND HARVEST FOOD BANK PURPOSE: COMMUNITY FOOD BANK ASSISTANCE | $12,000 |
ROOF ABOVE PURPOSE: HOMELESS PROGRAMS | $10,000 |