Longwood Foundation Inc

Organization Overview

Longwood Foundation Inc is located in Wilmington, DE. The organization was established in 1940. According to its NTEE Classification (T21) the organization is classified as: Corporate 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. Longwood 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 09/2020, Longwood Foundation Inc generated $53.1m in total revenue. This organization has experienced exceptional growth, as over the past 5 years, it has increased revenue by an average of 23.5% each year . All expenses for the organization totaled $40.9m during the year ending 09/2020. While expenses have increased by 3.3% per year over the past 5 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.

Since 2016, Longwood Foundation Inc has awarded 716 individual grants totaling $450,074,991. 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.

Mission & Program ActivityExcerpts From the 990PF Filing

TAX YEAR

2020

Describe the Organization's Program Activity:

Part 3 - Line 4a

DELAWARE TALENT LIVE - PROGRAM TO ENCOURAGE YOUNG PROFESSIONALS TO LIVE AND WORK IN WILMINGTON, DELAWARE.


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Outside Vendors & Contractors

Vendor Name (Service)Compensation
Windmark Inv Partners
$819,530
Baillie Gifford
$547,753
Focused Investor
$467,866
Kiltearn Investment Management
$340,420
Highclere International Investors
$210,004
View All Vendors

Financial Statements

Statement of Revenue
Contributions, Gifts, Grants & Similar $0
Interest on Savings $444,019
Dividends & Interest $10,623,166
Profit on Inventory Sales $0
Other Income $883,566
Total Revenue $53,076,926

Grants Awarded

Over the last fiscal year, Longwood Foundation Inc has awarded $54,665,361 in support to 129 organizations.

Grant RecipientAmount

LONGWOOD GARDENS

PURPOSE: CAPITAL PROJECTS

$16,000,000

COMMUNITY EDUCATION BUILDING

Org PageRecipient Profile

Wilmington, DE

PURPOSE: DEBT SERVICE

$4,600,000

LONGWOOD GARDENS

PURPOSE: OPERATING SUPPORT

$3,500,000

COMMUNITY EDUCATION BUILDING

Org PageRecipient Profile

Wilmington, DE

PURPOSE: SOCIAL JUSTICE & EDUCATIONAL EQUITY

$1,300,000

STATE OF DELAWARE -- DIVISION OF THE ARTS

PURPOSE: DE ARTS EQUITY AND INNOVATION INCUBATOR

$1,250,000

LATIN AMERICAN COMMUNITY CENTER

PURPOSE: EDUCATIONAL EXPANSION PROJECT

$1,000,000
View Grant Profile

Grants Recieved

Over the last fiscal year, we have identified 2 grants that Longwood Foundation Inc has recieved totaling $600.

Awarding OrganizationAmount
$500
The Foundation To Promote Self Taught Art Inc

New York, NY

PURPOSE: CHARITABLE

$100
View Grant Recipient Profile

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