The Landmark Foundation
- Assets
- $92.6m
- Revenue
- $3.3m
- Investments
- $57.8m
- Employees
- 0
- Location
- Norfolk, VA
- Founding
- 12/1955
- Data as of
- 12/2023
- EIN
- 54-6038902
Organization Overview
The Landmark Foundation is located in Norfolk, VA. The organization was established in 1955. According to its NTEE Classification (A30) the organization is classified as: Media & Communications, under the broad grouping of Arts, Culture & Humanities and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Landmark Foundation 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 12/2023, Landmark Foundation generated $3.3m in total revenue. This represents a relatively dramatic decline in revenue. Over the past 9 years, the organization has seen revenues fall by an average of (3.6%) each year. All expenses for the organization totaled $9.4m during the year ending 12/2023. You can explore the organizations financials more deeply in the financial statements section below.
Since 2014, Landmark Foundation has awarded 465 individual grants totaling $88,105,487. 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
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Cedar Rock Capital Partners | 12/30/21 | $327,325 |
1607 Capital Partners | 12/30/21 | $109,977 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $2,735,313 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $559,601 |
| Capital Gain Net Income | $559,601 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $3,294,914 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $234,273 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $154,275 |
| Total operating and administrative expenses | $401,544 |
| Contributions, gifts, grants paid | $8,993,500 |
| Total expenses and disbursements | $9,395,044 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $10,000 |
| Savings and temporary cash investments | $34,669,724 |
| 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 | $127,615 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $127,615 |
| Total assets | $92,600,252 |
| 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 | $10,000 |
| Total liabilities | $10,000 |
Grants Awarded
Over the last fiscal year, The Landmark Foundation has awarded $8,993,500 in support to 43 organizations.
| Grant Recipient | Amount |
|---|---|
757 ACCELERATE PURPOSE: HUMAN SERVICES | $25,000 |
VIRGINIA COMMEMORATIONS INC PURPOSE: ARTS & MUSEUMS | $100,000 |
ACCESS COLLEGE FOUNDATION PURPOSE: EDUCATIONAL PROGRAMS | $445,000 |
ALBEMARLE AREA UNITED WAY PURPOSE: HUMAN SERVICES | $5,000 |
AN ACHIEVABLE DREAM VIRGINIA BEACH PURPOSE: EDUCATIONAL PROGRAMS | $100,000 |
CHESAPEAKE BAY FOUNDATION INC PURPOSE: ENVIROMENTAL SERVICES | $100,000 |