Lord Educational Fund
- Assets
- $3.8m
- Revenue
- $208.0k
- Investments
- $3.7m
- Employees
- 0
- Location
- Milwaukee, WI
- Founding
- 12/1975
- Data as of
- 09/2022
- EIN
- 51-0175613
Organization Overview
Lord Educational Fund is located in Milwaukee, WI. The organization was established in 1975. According to its NTEE Classification (B11) the organization is classified as: Single Organization Support, 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. Lord Educational Fund 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 09/2022, Lord Educational Fund generated $208.0k in total revenue. This organization has experienced exceptional growth, as over the past 6 years, it has increased revenue by an average of 20.7% each year . All expenses for the organization totaled $191.3k during the year ending 09/2022. You can explore the organizations financials more deeply in the financial statements section below.
Since 2016, Lord Educational Fund has awarded 150 individual grants totaling $1,223,000. 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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Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $110,275 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $97,553 |
| Capital Gain Net Income | $97,553 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $139 |
| Total Revenue | $207,967 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $54,033 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $7,755 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $15 |
| Total operating and administrative expenses | $63,303 |
| Contributions, gifts, grants paid | $128,000 |
| Total expenses and disbursements | $191,303 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $134,614 |
| 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 | $3,689,901 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $3,824,515 |
| 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, Lord Educational Fund has awarded $128,000 in support to 19 organizations.
| Grant Recipient | Amount |
|---|---|
SIU EDWARDSVILLE PURPOSE: SCHOLARSHIPS | $19,000 |
Mississippi State, MS PURPOSE: SCHOLARSHIP | $13,000 |
Lebanon, IL PURPOSE: SCHOLARSHIP | $12,000 |
St Louis, MO PURPOSE: SCHOLARSHIPS | $8,000 |
Cape Girardeau, MO PURPOSE: SCHOLARSHIPS | $8,000 |
Macomb, IL PURPOSE: SCHOLARSHIPS | $7,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Western Michigan University Foundation Kalamazoo, MI | $431,026,780 | $43,479,998 |
Ics Support Organization Inc Franklin, WI | $552,959,577 | $28,861,342 |
Michigan State University Foundation East Lansing, MI | $535,425,307 | $55,850,938 |
University Of Northern Iowa Foundation Cedar Falls, IA | $173,378,893 | $31,725,389 |
Illinois State University Foundation Normal, IL | $269,993,016 | $34,747,700 |
National Assistance Foundation Des Moines, IA | $16,519,301 | $16,875,706 |
Southern Illinois University Foundation Carbondale, IL | $260,208,288 | $31,565,742 |
University Research Park Inc Madison, WI | $162,117,796 | $19,527,506 |
Eastern Michigan University Foundation Ypsilanti, MI | $82,145,619 | $14,420,618 |
Michigan Tech Fund Houghton, MI | $217,061,508 | $42,674,434 |
Northern Illinois University Foundation Dekalb, IL | $169,106,712 | $31,131,654 |
Grand Rapids Community College Foundation Grand Rapids, MI | $37,079,013 | $9,829,978 |