Lucy Corr Foundation Inc
- Assets
- $275.9k
- Revenue
- $191.2k
- Investments
- $0.0
- Employees
- 7
- Location
- Chesterfield, VA
- Founding
- 01/2001
- Data as of
- 12/2021
- EIN
- 54-2010957
Organization Overview
Lucy Corr Foundation Inc is located in Chesterfield, VA. The organization was established in 2001. According to its NTEE Classification (T30) the organization is classified as: Public Foundations, under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. As of 12/2021, Lucy Corr Foundation Inc employed 7 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Lucy Corr 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 12/2021, Lucy Corr Foundation Inc generated $191.2k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (7.0%) each year. All expenses for the organization totaled $227.0k during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (2.1%) per year over the past 7 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
THE LUCY CORR FOUNDATION GENERATES SUPPORT FOR SERVICES AND PROGRAMS THAT ENRICH THE LIVES OF LUCY CORR VILLAGE RESIDENTS, PARTICIPANTS, AND THEIR FAMILIES AND HELPS TO MEET THE EMERGING NEEDS OF SENIORS IN THE COMMUNITY.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE LUCY CORR DENTAL CLINIC SERVED 308 PATIENTS, PERFORMING 3,189 DENTAL PROCEDURES IN 2021. THE LUCY CORR DENTAL CLINIC NOT ONLY SERVES LUCY CORR VILLAGE RESIDENTS, BUT ALSO HAS EXPANDED TO PARTNER WITH 40 DIFFERENT COMMUNITY GERIATRIC PROGRAMS PROVIDING SERVICES VALUED IN THE AMOUNT OF $377,631. THE CLINIC PROVIDES A DENTURE FABRICATION SYSTEM THAT PROVIDES DENTURES IN A ONE-DAY VISIT. THE CLINIC IS A PRECEPTOR SITE FOR VIRGINIA COMMONWEALTH UNIVERSITY SCHOOL OF DENTISTRY, ECPI, FORBIS COLLEGE, AND CENTURA COLLEGE. DENTAL, DENTAL HYGIENIST, AND DENTAL ASSISTING STUDENTS ROTATE THROUGH THE CLINIC ON A WEEKLY BASIS. ACCURATE RECORDS ARE KEPT USING STATE-OF-THE-ART DENTAL SOFTWARE.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Tammy Shackelford Executive Dir. | OfficerTrustee | 40 | $67,688 |
Brett Landi Treasurer | OfficerTrustee | 1 | $0 |
Kay Mast Chair | OfficerTrustee | 1 | $0 |
Elizabeth Vaughan Secretary | OfficerTrustee | 1 | $0 |
Cherie Tew Director | Trustee | 1 | $0 |
Danny Smith Director | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $182,319 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $182,319 |
| Total Program Service Revenue | $0 |
| Investment income | $5,403 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $3,447 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $191,169 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $67,688 |
| Compensation of current officers, directors, key employees. | $3,384 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $51,121 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $12,507 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $8,875 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $1,593 |
| Office expenses | $8,580 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $1,138 |
| All other expenses | $0 |
| Total functional expenses | $227,041 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $64,653 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $46,378 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $164,915 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $275,946 |
| Accounts payable and accrued expenses | $5,255 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $57,247 |
| Total liabilities | $62,502 |
| Net assets without donor restrictions | $186,089 |
| Net assets with donor restrictions | $27,355 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $275,946 |
Grants Recieved
Over the last fiscal year, we have identified 4 grants that Lucy Corr Foundation Inc has recieved totaling $67,654.
| Awarding Organization | Amount |
|---|---|
Annabella R Jenkins Foundation Richmond, VA PURPOSE: GENERAL OPERATING SUPPORT: EXPANDING ACCESS TO ORAL HEALTH CARE FOR SENIORS IN OUR COMMUNITY | $50,000 |
Walter W Regirer And Maria Teresa Regirer Foundation Richmond, VA PURPOSE: 2021 GRANT | $10,000 |
John Randolph Foundation Support Fund Inc Hopewell, VA PURPOSE: CHARITABLE SUPPORT | $7,500 |
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $154 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Gary Sinise Foundation Nashville, TN | $79,715,180 | $58,070,139 |
Jefferson Scholars Foundation Charlottesville, VA | $761,742,846 | $36,629,374 |
The Pauley Family Foundation Richmond, VA | $2,022,061,315 | $1,899,350,410 |
College Foundation Of The University Of Virginia Charlottesville, VA | $252,362,262 | $51,045,128 |
Homefree Usa Inc Landover, MD | $5,280,798 | $17,895,333 |
Philanthropic Impact Foundation Nashville, TN | $919,847 | $18,241,201 |
University Of Louisville Real Estate Foundation Louisville, KY | $156,388,720 | $20,770,834 |
Aston Park Health Care Center Inc Asheville, NC | $17,105,214 | $12,530,764 |
James Family Charitable Foundation Charlottesville, VA | $171,150,056 | $16,638,935 |
Silver Valley Research Foundation Mclean, VA | $1,699,232 | $12,100,000 |
Helvetas Usa Washington, DC | $584,936 | $9,906,698 |
Asbury Foundation Inc Frederick, MD | $52,948,136 | $11,506,831 |