Louise R Lester Foundation Inc

Organization Overview

Louise R Lester Foundation Inc is located in Roanoke, VA. The organization was established in 2002. According to its NTEE Classification (T22) the organization is classified as: Private Independent 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. Louise R Lester 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, Louise R Lester Foundation Inc generated $1.9m in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 63.9% each year . All expenses for the organization totaled $949.3k during the year ending 12/2021. You can explore the organizations financials more deeply in the financial statements section below.

Since 2016, Louise R Lester Foundation Inc has awarded 190 individual grants totaling $1,860,517. 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 $324,832
Net Rental Income$0
Net Gain on Sale of Assets $1,574,040
Capital Gain Net Income $1,574,040
Net ST Capital Gain $0
Income Modifications $0
Profit on Inventory Sales $0
Other Income $0
Total Revenue $1,898,872

Grants Awarded

Over the last fiscal year, Louise R Lester Foundation Inc has awarded $643,325 in support to 54 organizations.

Grant RecipientAmount

SPCA OF MARTINSVILLE HENRY CO

PURPOSE: SPAY AND NEUTER CLINIC

$50,000

GREENBRIER COUNTY YOUTH CAMP

PURPOSE: CONSTRUCTION OUTDOOR SHELTER

$30,000

BEAFOURT CO COMMUNITY COLLEGE FOUNDATION

Org PageRecipient Profile

Washington, NC

PURPOSE: SCHOLARSHIP FUND/ENDOWMENT

$30,000

UNITED WAY ROANOKE VALLEY

Org PageRecipient Profile

Roanoke, VA

PURPOSE: SUPPORT COMMUNITY IMPACT FUND

$30,000

HEALING STRIDES OF VIRGINIA

Org PageRecipient Profile

Boones Mill, VA

PURPOSE: OPERATING EXPENSES

$30,000

SECOND PRESBYTERIAN CHURCH

PURPOSE: CAPITAL CAMPAIGN FOR NEW COMMUNITY CENTER

$25,000
View Grant Profile

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