Albert Lepage Foundation Inc
- Assets
- $714.9k
- Revenue
- $831.9k
- Investments
- $688.4k
- Employees
- 0
- Location
- Garden City, NY
- Founding
- 01/2014
- Data as of
- 12/2022
- EIN
- 45-5578275
Organization Overview
Albert Lepage Foundation Inc is located in Garden City, NY. The organization was established in 2014. 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. Albert Lepage 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 12/2022, Albert Lepage Foundation Inc generated $831.9k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (6.2%) each year. All expenses for the organization totaled $1.8m during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
Since 2016, Albert Lepage Foundation Inc has awarded 44 individual grants totaling $28,998,006. 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.
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Albert R Lepage Director, Pres, Vp, Sec, T | 1 | $0 | |
Andrew P Barowsky Director | 1 | $0 | |
Lucille Lepage Sedgeley Director | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $777,405 |
| Interest on Savings | $0 |
| Dividends & Interest | $54,500 |
| 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 | $831,905 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $950 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $0 |
| Total operating and administrative expenses | $5,642 |
| Contributions, gifts, grants paid | $1,840,045 |
| Total expenses and disbursements | $1,845,687 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $26,376 |
| Net Accounts receivable | $121 |
| 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 | $714,906 |
| 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 | $0 |
| Total liabilities | $0 |
Grants Awarded
Over the last fiscal year, Albert Lepage Foundation Inc has awarded $1,840,045 in support to 9 organizations.
| Grant Recipient | Amount |
|---|---|
BESSEMER NATIONAL GIFT FUND PURPOSE: GENERAL EXEMPT PURPOSE | $297,545 |
DANCERS RESPONDING TO AIDS PURPOSE: GENERAL EXEMPT PURPOSE | $10,000 |
DOMINICAN UNIVERSITY OF CALIFORNIA PURPOSE: GENERAL EXEMPT PURPOSE | $150,000 |
FIRE ISLAND PINES ARTS PROJECT (FIPAP) PURPOSE: GENERAL EXEMPT PURPOSE | $10,000 |
HEBRON ACADEMY PURPOSE: GENERAL EXEMPT PURPOSE | $250,000 |
ST MARY'S HEALTH SYSTEM PURPOSE: GENERAL EXEMPT PURPOSE | $260,000 |