Lords Fund
- Assets
- $758.9k
- Revenue
- $201.6k
- Investments
- $0.0
- Employees
- 0
- Location
- Tempe, AZ
- Founding
- 05/1999
- Data as of
- 12/2023
- EIN
- 74-2879125
Organization Overview
Lords Fund is located in Tempe, AZ. The organization was established in 1999. 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. Lords 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 12/2023, Lords Fund generated $201.6k in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 8.8% each year. All expenses for the organization totaled $121.3k during the year ending 12/2023. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, Lords Fund has awarded 73 individual grants totaling $2,377,096. 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.
Form
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2023
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE FOUNDATION PROVIDES GENERAL SUPPORT FUNDING TO VARIOUS FEDERALLY RECOGNIZED TAX-EXEMPT ORGANIZATIONS THROUGHOUT THE UNITED STATES. IN 2022 GRANTS TOTALLING 43,725 WERE DONATED TO 6 DIFFERENT ENTITIES.
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
William Lance Berkman President | 1 | $0 | |
Cynthia A Berkman Vice President | 1 | $0 | |
Larry G Berkman Secretary/treasurer | 1 | $0 | |
Jason Baker Director | 1 | $0 | |
Jason Walton Director | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $173,475 |
| Interest on Savings | $0 |
| Dividends & Interest | $30,511 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | -$2,353 |
| Capital Gain Net Income | $85,485 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $201,633 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $94 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $145 |
| Total operating and administrative expenses | $1,389 |
| Contributions, gifts, grants paid | $119,900 |
| Total expenses and disbursements | $121,289 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $11,828 |
| Savings and temporary cash investments | $747,059 |
| 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 | $0 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $758,887 |
| 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, Lords Fund has awarded $119,900 in support to 8 organizations.
| Grant Recipient | Amount |
|---|---|
A SHELTER FOR CANCER FAMILIES PURPOSE: TO ADVANCE THE MISSION OF THE ORGANIZATION. | $500 |
FAITH IN PRACTICE PURPOSE: TO ADVANCE THE MISSION OF THE ORGANIZATION. | $1,000 |
CIRCUIT RIDER MINISTRIES PURPOSE: TO ADVANCE THE MISSION OF THE ORGANIZATION. | $1,000 |
GRACE SCHOOL OF THEOLOGY PURPOSE: TO ADVANCE THE MISSION OF THE ORGANIZATION. | $25,000 |
HOUSTON CHRISTIAN UNIVERSITY ATHLETICS PURPOSE: TO ADVANCE THE MISSION OF THE ORGANIZATION. | $84,000 |
THE SECOND BAPTIST SCHOOL FOUNDATION PURPOSE: TO ADVANCE THE MISSION OF THE ORGANIZATION. | $5,000 |