Longwood Gardens Inc
- Assets
- $0.0
- Revenue
- $93.7m
- Investments
- $948.1m
- Employees
- 0
- Location
- Kennett Square, PA
- Founding
- 12/1971
- Data as of
- 09/2021
- EIN
- 51-0110625
Organization Overview
Longwood Gardens Inc is located in Kennett Square, PA. The organization was established in 1971. 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 Gardens 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 09/2021, Longwood Gardens Inc generated $93.7m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 8.6% each year. All expenses for the organization totaled $85.9m during the year ending 09/2021. While expenses have increased by 2.7% 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.
Since 2015, Longwood Gardens Inc has awarded 176 individual grants totaling $3,143,827. 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
2021
Describe the Organization's Program Activity:
Part 3 - Line 4a
LONGWOOD GARDENS, INC., LOCATED IN KENNETT SQUARE, PENNSYLVANIA, IS THE LIVING LEGACY OF PIERRE S. DU PONT, BRINGING JOY AND INSPIRATION TO EVERYONE THROUGH THE BEAUTY OF NATURE, CONSERVATION AND LEARNING. WE ENVISION A WORLD WHERE BEAUTY IS ACCESSIBLE TO ALL. WE ARE LEADERS AND INNOVATORS IN THE ART AND SCIENCE OF HORTICULTURE. WE PRESENT EXTRAORDINARY EXPERIENCES TO BRING PLEASURE, FOSTER WELL-BEING, AND SPARK IMAGINATION. WE ENRICH SOCIETY THROUGH LEARNING AND TRAINING PROGRAMS, RESEARCH, STEWARDSHIP OF THE LAND, AND COMMUNITY ENGAGEMENT.
IN OCTOBER 2018, LONGWOOD CEMETERY LLC WAS FORMED TO ASSUME OWNERSHIP AND OPERATIONS OF THE CEMETERY WHICH ADJOINS LONGWOOD GARDENS. LONGWOOD GARDENS IS THE SOLE MEMBER OF LONGWOOD CEMETERY LLC. CHARTERED IN 1855, THE LONGWOOD CEMETERY HAS LONG SERVED AS A PLACE OF PEACE AND HAS HELPED TELL THE STORY OF SOME OF THE BRANDYWINE VALLEY'S MOST REVERED, FROM WAR HEROES TO ARDENT ABOLITIONISTS. THE CEMETERY SITS ON LAND ONCE GRANTED BY WILLIAM PENN, LOCATED DIRECTLY IN FRONT OF THE 1854 HISTORIC LONGWOOD MEETING HOUSE AND AT THE ENTRANCE TO LONGWOOD GARDENS. LONGWOOD GARDENS IS RESPONSIBLE FOR THE OPERATION, MAINTENANCE AND UP-KEEP OF THE CEMETERY.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Ms Jane G Pepper Chair | 5 | $0 | |
Ms Margaretta K Stabler Vice Chair | 5 | $0 | |
Ms Margaret L Laird PHD Secretary | 5 | $0 | |
Mr C Porter Schutt III Treasurer | 5 | $0 | |
Mr Michael Bontrager Trustee | 5 | $0 | |
Ms Elizabeth Cartmell Trustee | 5 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Cambridge Associates Llc | 9/29/23 | $2,370,653 |
Bancroft Construction Co Inc | 9/29/23 | $68,389,290 |
Weissmanfredi Architects Llp | 9/29/23 | $2,732,238 |
Restaurant Associates Inc | 9/29/23 | $1,675,378 |
Christina River Exchange Llc | 9/29/23 | $992,272 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $17,016,345 |
| Interest on Savings | $0 |
| Dividends & Interest | $5,845,742 |
| Profit on Inventory Sales | $780,683 |
| Other Income | $24,731,940 |
| Total Revenue | $93,650,257 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $826,239 |
| Pension plans, employee benefits | $8,541,407 |
| Depreciation | $8,984,130 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $202,683 |
| Printing and publications | $0 |
| Total operating and administrative expenses | $85,425,209 |
| Contributions, gifts, grants paid | $425,800 |
| Total expenses and disbursements | $85,851,009 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $214,884,699 |
| Investments—mortgage loans | $0 |
| Investments—other | $907,714,875 |
| Other assets | $0 |
| Mortgages and other notes payable | $258,559,100 |
| Other liabilities | $27,232,481 |
Grants Awarded
Over the last fiscal year, Longwood Gardens Inc has awarded $439,702 in support to 23 organizations.
| Grant Recipient | Amount |
|---|---|
CASA GUANAJUANTO PURPOSE: EVENT SPONSOR | $2,500 |
CHESTER COUNTY ECONOMIC DEVELOPMENT COUNCIL PURPOSE: OPERATIONAL SUPPORT | $5,250 |
ELMWOOD PARK ZOO PURPOSE: OPERATIONAL SUPPORT | $2,500 |
AMERICAN PUBLIC GARDENS ASSOCIATION PURPOSE: OPERATIONAL SUPPORT | $35,700 |
FAMILY PROMISE OF SOUTHERN CHESTER COUNTY PURPOSE: EVENT SPONSOR | $1,000 |
JOHN BARTRAM ASSOCIATION PURPOSE: EVENT SPONSORSHIP | $2,400 |