Lindbergh Schools Foundation
- Assets
- $1.7m
- Revenue
- $1.1m
- Investments
- $0.0
- Employees
- 0
- Location
- Saint Louis, MO
- Founding
- 04/2000
- Data as of
- 06/2022
- EIN
- 43-1819740
Organization Overview
Lindbergh Schools Foundation is located in Saint Louis, MO. The organization was established in 2000. 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. Lindbergh Schools Foundation 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 06/2022, Lindbergh Schools Foundation generated $1.1m in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 39.5% each year . All expenses for the organization totaled $366.0k during the year ending 06/2022. While expenses have increased by 22.5% per year over the past 7 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.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
ENDOW AND ADMINISTER FUNDS THAT AWARD SCHOLARSHIPS TO LINDBERGH HIGH SCHOOL STUDENTS AND TEACHER GRANTS. ALSO TO PROVIDE ASSISTANCE WITHIN THE COMMUNITY TO SUPPORT CHILDREN AND FAMILIES ASSOCIATED WITH THE LINDBERGH SCHOOL DISTRICT.
Describe the Organization's Program Activity:
Part 3 - Line 4a
SUPPORTING LEADERSHIP DEVELOPMENT OPPORTUNITIES FOR STUDENTS. STRENGTHENING THE BOND BETWEEN THE LINDBERGH SCHOOL DISTRICT, THE ALUMNI, AND THE COMMUNITY. THE FOUNDATION RAISES FUNDS FOR MULTIPLE SCHOLARSHIP FUNDS.MANY OF THE SCHOLARSHIPS HAVE BEEN ESTABLISHED, FUNDED, OR CREATED IN HONOR OF PAST & PRESENT ADMINISTRATORS, COACHES, AND STUDENTS. ADDITIONALLY, LINDBERGH LIGHTS THE WAY EVENTS SUPPORT COMMUNITY MEMBERS AND ACTIVITIES WITHIN THE DISTRICT.
LINDBERGH HIGH SCHOOL STUDENT SCHOLARSHIPS: THE FOUNDATION AWARDS SCHOLARSHIPS TO COLLEGE BOUND SENIORS AT LINDBERGH HIGH SCHOOL
SPIRIT OF LINDBERGH TEACHER GRANT PROGRAM: AWARDS GRANTS OF UP TO $500 EACH TO TEACHERS IN THE LINDBERGH SCHOOL DISTRICT WHO PROPOSE NEW OR INNOVATIVE EDUCATIONAL APPROACHES FOR USE IN THEIR CLASSROOMS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Greg Schattgen Vice President | Officer | 0 | $0 |
Steve Young President | Officer | 0 | $0 |
Gloria Mcbride Secretary | Officer | 0 | $0 |
Chuck Triplett Treasurer | Officer | 0 | $0 |
Mark Rudoff Director | Trustee | 0 | $0 |
Peggy Robb Director | Trustee | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $1,020,722 |
| Noncash contributions included in lines 1a–1f | $66,581 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $1,020,722 |
| Total Program Service Revenue | $0 |
| Investment income | $17,103 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $19,109 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $1,057,653 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $193,806 |
| Grants and other assistance to domestic individuals. | $73,700 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $6,700 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $42,195 |
| Advertising and promotion | $0 |
| Office expenses | $4,018 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $0 |
| All other expenses | $32,210 |
| Total functional expenses | $366,026 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $1,254,580 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $432,748 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $1,687,328 |
| Accounts payable and accrued expenses | $2,826 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $2,826 |
| Net assets without donor restrictions | $884,502 |
| Net assets with donor restrictions | $800,000 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $1,687,328 |
Grants Recieved
Over the last fiscal year, we have identified 3 grants that Lindbergh Schools Foundation has recieved totaling $6,537.
| Awarding Organization | Amount |
|---|---|
Schwab Charitable Fund San Francisco, CA PURPOSE: EDUCATION | $6,000 |
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $512 |
Bank Of America Charitable Foundation Inc Charlotte, NC PURPOSE: OPERATIONAL SUPPORT | $25 |
Endowment Analysis
| Beg. Balance | $663,346 |
| Net Contributions | $751,562 |
| Grants | $103,708 |
| Ending Balance | $1,311,200 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
National Equity Fund Inc Chicago, IL | $118,912,735 | $59,533,345 |
Education Loan Finance Inc Knoxville, TN | $2,281,627,256 | $227,234,757 |
Iowa Student Loan Liquidity Corp West Des Moines, IA | $1,230,053,718 | $45,688,659 |
Noble Research Institute Llc Ardmore, OK | $149,630,598 | $47,833,341 |
National Merit Scholarship Corporation Evanston, IL | $183,825,978 | $50,191,294 |
Evans Scholars Foundation Glenview, IL | $101,873,087 | $62,566,812 |
Folds Of Honor Foundation Owasso, OK | $73,033,715 | $51,158,137 |
Wichita Center For Graduate Medical Education Inc Wichita, KS | $5,382,351 | $22,892,628 |
Nebraska Student Loan Program Inc Lincoln, NE | $230,624,169 | $45,453,979 |
Hca Healthcare Foundation Nashville, TN | $97,582,102 | $44,453,527 |
Future Leaders Of Americafoundation Inc Chicago, IL | $0 | $13,517,008 |
Kansas City Scholars Inc Kansas City, MO | $5,810,030 | $12,156,402 |