Danaher Lynch Family Foundation
- Assets
- $12.3m
- Revenue
- $1.6m
- Investments
- $11.1m
- Employees
- 0
- Location
- Newtown, PA
- Founding
- 07/2015
- Data as of
- 12/2023
- EIN
- 46-5315398
Organization Overview
Danaher Lynch Family Foundation is located in Newtown, PA. The organization was established in 2015. According to its NTEE Classification (T20) the organization is classified as: Private Grantmaking 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. Danaher Lynch Family 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 12/2023, Danaher Lynch Family Foundation generated $1.6m in total revenue. This represents a relatively dramatic decline in revenue. Over the past 8 years, the organization has seen revenues fall by an average of (15.1%) each year. All expenses for the organization totaled $1.9m during the year ending 12/2023. You can explore the organizations financials more deeply in the financial statements section below.
Since 2016, Danaher Lynch Family Foundation has awarded 198 individual grants totaling $20,472,650. 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) | Role | Hours | Compensation |
|---|---|---|---|
Thomas Lynch Chariman/tre | 10 | $0 | |
Patricia Lynch Vice Preside | 10 | $0 | |
Katherine Papandrea Secretary & | 1 | $0 | |
Susan Dilisio Executive Di | 1 | $0 | |
Kathleen Shegda Dir Of Ed. S | 1 | $0 | |
Pamela Lynch Dir Of Commu | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $701,587 |
| Interest on Savings | $0 |
| Dividends & Interest | $459,392 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $462,993 |
| Capital Gain Net Income | $462,993 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $1,623,972 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $15,117 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $69,676 |
| Total operating and administrative expenses | $84,793 |
| Contributions, gifts, grants paid | $1,791,899 |
| Total expenses and disbursements | $1,876,692 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $1,167,044 |
| Savings and temporary cash investments | $2,910 |
| 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 | $12,314,999 |
| Accounts payable and accrued expenses | $3,684 |
| 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 | $3,684 |
Grants Awarded
Over the last fiscal year, Danaher Lynch Family Foundation has awarded $1,787,549 in support to 23 organizations.
| Grant Recipient | Amount |
|---|---|
THE FRANKLIN INSTITUTE PURPOSE: EDUCATION | $85,000 |
MORDANCE PURPOSE: EDUCATION | $7,800 |
CONWELL EGAN CATHOLIC HIGHSCHOOL PURPOSE: EDUCATION | $1,033,285 |
HOLY FAMILY REGIONAL CATHOLIC HS PURPOSE: EDUCATION | $271,550 |
ST CHARLES BOROMEO SEMINARY PURPOSE: RELIGIOUS EDUCATION | $12,000 |
OUR LADY OF GRACE PURPOSE: EDUCATION | $12,500 |