Dean And Margaret Lesher Foundation
- Assets
- $95.2m
- Revenue
- $21.1m
- Investments
- $90.0m
- Employees
- 0
- Location
- Walnut Creek, CA
- Founding
- 05/1994
- Data as of
- 12/2022
- EIN
- 68-0208980
Organization Overview
Dean And Margaret Lesher Foundation is located in Walnut Creek, CA. The organization was established in 1994. 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. Dean And Margaret Lesher 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 12/2022, Dean And Margaret Lesher Foundation generated $21.1m in total revenue. This organization has experienced exceptional growth, as over the past 8 years, it has increased revenue by an average of 14.7% each year . All expenses for the organization totaled $6.6m during the year ending 12/2022. While expenses have increased by 2.1% per year over the past 8 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Since 2022, Dean And Margaret Lesher Foundation has awarded 142 individual grants totaling $4,859,000. 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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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Jill O'brien Director | 2 | $15,000 | |
Cynthia Lesher Director | 2 | $9,000 | |
Stephen Lesher President | 2 | $13,500 | |
David Lesher Secretary | 2 | $10,500 | |
Linda Davis Director | 5 | $25,500 | |
Kathleen Odne Director | 2 | $15,000 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $525 |
| Dividends & Interest | $1,488,497 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $19,497,696 |
| Capital Gain Net Income | $19,497,696 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $160,351 |
| Total Revenue | $21,147,069 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $118,500 |
| Other employee salaries and wages | $458,625 |
| Pension plans, employee benefits | $71,998 |
| Interest | $41,169 |
| Taxes | $92,191 |
| Depreciation | $8,598 |
| Occupancy | $95,645 |
| Travel, conferences, and meetings | $23,531 |
| Printing and publications | $56 |
| Other expenses | $118,408 |
| Total operating and administrative expenses | $1,729,411 |
| Contributions, gifts, grants paid | $4,859,000 |
| Total expenses and disbursements | $6,588,411 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $5,013,520 |
| 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 | $4,725,299 |
| Net Land, buildings, and equipment | $30,901 |
| Other assets | $123,975 |
| Total assets | $95,167,223 |
| 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, Dean And Margaret Lesher Foundation has awarded $4,859,000 in support to 142 organizations.
| Grant Recipient | Amount |
|---|---|
ALISA ANN RUCH BURN FOUNDATION PURPOSE: CHAMP CAMP | $5,000 |
AIM HIGH FOR HIGH SCHOOL PURPOSE: SUMMER LEARNING PROGRAM | $20,000 |
CATHOLIC CHARITIES OF THE EAST BAY PURPOSE: HOMLESSNESS PREVENTION PROGRAM | $50,000 |
CAZADERO PERFORMING ARTS CAMP PURPOSE: CAZADERO SCHOLARSHIP PROGRAM | $5,000 |
CHABOT SPACE AND SCIENCE CENTER PURPOSE: DIGITAL BRIDGE TO BRIGHT STEM FUTURE | $35,000 |
CHILD ABUSE PREVENTION COUNCIL PURPOSE: CHILD ABUSE PREVENTION COUNCIL GENERAL SUPPORT | $15,000 |