Lee And Juliet Folger Fund
- Assets
- $8.5m
- Revenue
- $885.2k
- Investments
- $7.6m
- Employees
- 0
- Location
- Mclean, VA
- Founding
- 07/1957
- Data as of
- 08/2023
- EIN
- 52-0794388
Organization Overview
Lee And Juliet Folger Fund is located in Mclean, VA. The organization was established in 1957. 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. Lee And Juliet Folger 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 08/2023, Lee And Juliet Folger Fund generated $885.2k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 4 years, the organization has seen revenues fall by an average of (20.0%) each year. All expenses for the organization totaled $2.0m during the year ending 08/2023. You can explore the organizations financials more deeply in the financial statements section below.
Since 2020, Lee And Juliet Folger Fund has awarded 239 individual grants totaling $17,936,750. 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 |
|---|---|---|---|
Lee M Folger President | 2 | $0 | |
Juliet C Folger Treasurer, Secretary, V. P | 2 | $0 | |
Cecily C Colburn Vice President | 1 | $0 | |
Leiter C Colburn Vice President | 1 | $0 | |
Olivia M Colburn Vice President | 1 | $0 | |
Rory W Colburn Vice President | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $58,960 |
| Dividends & Interest | $443,939 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $382,334 |
| Capital Gain Net Income | $382,334 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $885,233 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $23,005 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $10,375 |
| Total operating and administrative expenses | $229,114 |
| Contributions, gifts, grants paid | $1,745,300 |
| Total expenses and disbursements | $1,974,414 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $870,711 |
| 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 | $170,974 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $8,478,255 |
| 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, Lee And Juliet Folger Fund has awarded $2,598,800 in support to 71 organizations.
| Grant Recipient | Amount |
|---|---|
ALL SAINTS CHURCH PURPOSE: CENTRAL ASIA CAUCAUS INSTITUTE GENERAL OPERATING EXPENSE | $1,000 |
AMERICAN DIABETES ASSOCIATION PURPOSE: GENERAL OPERATING EXPENSES | $2,500 |
AMERICAN RED CROSS NATIONAL CAPITAL CHAPTER PURPOSE: GENERAL OPERATING EXPENSES | $50,000 |
AMERICAN RED CROSS NATIONAL CAPITAL CHAPTER PURPOSE: GENERAL OPERATING EXPENSES | $25,000 |
AMHERST COLLEGE'S FOLGER SHAKESPEARE LIBRARY PURPOSE: GENERAL OPERATING EXPENSES | $10,000 |
BATH & TENNIS HISTORIC BUILDING PRESERVATION FOUNDATION INC PURPOSE: GENERAL OPERATING EXPENSES | $5,000 |