The Liger Charitable Foundation
- Assets
- $3.3m
- Revenue
- $3.2m
- Investments
- $0.0
- Employees
- 4
- Location
- Red Bank, NJ
- Founding
- 10/2009
- Data as of
- 07/2023
- EIN
- 80-0449252
Organization Overview
The Liger Charitable Foundation is located in Red Bank, NJ. The organization was established in 2009. According to its NTEE Classification (Q33) the organization is classified as: International Relief, under the broad grouping of International, Foreign Affairs & National Security and related organizations. As of 07/2023, Liger Charitable Foundation employed 4 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Liger Charitable 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 07/2023, Liger Charitable Foundation generated $3.2m in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 2.3% each year. All expenses for the organization totaled $1.8m during the year ending 07/2023. While expenses have increased by 3.0% 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.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2023
Describe the Organization's Mission:
Part 3 - Line 1
THE LIGER CHARITABLE FOUNDATION SUPPORTS THE EDUCATION OF PROMISING YOUTH TO DEVELOP SOCIALLY CONSCIOUS, ENTREPRENEURIAL LEADERS OF TOMORROW. OUR FIRST PROJECT IS THE LIGER LEADERSHIP ACADEMY IN CAMBODIA
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE LIGER CHARITABLE FOUNDATIONS PRIMARY PROJECT IS THE LIGER LEADERSHIP ACADEMY (LLA) IN PHNOM PENH, CAMBODIA. IN 2022-23, LLA PROVIDED FULL RESIDENTIAL AND EDUCATIONAL SCHOLARSHIPS TO 113 STUDENTS. AS PART OF THESE SCHOLARSHIPS, STUDENTS RECEIVED A COMPREHENSIVE, INTERNATIONALLY COMPETITIVE EDUCATION WITH A FOCUS ON INNOVATIVE LEADERSHIP, STEAM, AND ENTREPRENEURSHIP, AS WELL AS ROOM AND BOARD, CLOTHING, HEALTH CARE AND INSURANCE, VACCINATIONS, TRANSPORTATION AND SCHOOL SUPPLIES. ADDITIONALLY, THE LIGER CHARITABLE FOUNDATION PROVIDED TUITION AND FEES GRANTS TO SIX STUDENTS, AND PROVIDED LOANS TO FIVE LLA ALUMNI FOR UNIVERSITY TUITION, FEES, ROOM, BOARD, EDUCATION SUPPLIES, TRANSPORTATION AND OTHER GENERAL LIVING EXPENSES.LLA STAFF TAUGHT ESSENTIAL SUBJECT CLASSES AND PROJECT BASED LEARNING MODULES CALLED EXPLORATIONS. MANY OF THESE HANDS-ON, INTERDISCIPLINARY PROJECTS WERE AIMED AT PROBLEM-SOLVING AND CREATING POSITIVE CHANGE IN CAMBODIA AND REQUIRED STUDENTS TO INTERACT WITH LOCAL COMMUNITIES. STUDENTS TOOK TRIPS OFF-CAMPUS FOR RESEARCH, COMMUNITY SURVEYING, PROJECT IMPLEMENTATION AND NETWORKING; IN ADDITION, STUDENTSTRAVELED FOR INTERNATIONAL STEM COMPETITIONS.LIGER ASKS ITS STUDENTS TO COMMIT TO IMPROVING CAMBODIA WHILE AT LIGER AND AFTER GRADUATION. AT THE CONCLUSION OF EACH SCHOOL YEAR, EVERY STUDENT MUST ANSWER THE QUESTION: HOW DID I HELP CHANGE CAMBODIA? LIGERS GOAL IS TO ASSIST IN THE DEVELOPMENT OF CAMBODIA BY AMPLIFYING THE HUMAN POTENTIAL OF ITS YOUTH - MOLDING WELL-ROUNDED, EDUCATED AND EMPATHETIC GRADUATES WHO HAVE THE ABILITY AND COMMITMENT TO TRANSFORMTHEIR COUNTRY.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Dominic Sharpe-See Supporting Detai Country Director | 60 | $95,550 | |
Trevor Gile Chairman | OfficerTrustee | 10 | $0 |
Martin Timmins Treasurer | OfficerTrustee | 2 | $0 |
Monte Snider Director | Trustee | 0.5 | $0 |
Bambi Betts Director | Trustee | 0.5 | $0 |
Agnieszka Tynkiewicz-Gile President/secy | OfficerTrustee | 10 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Joanna Prochwicz | 7/30/16 | $66,408 |
Diana T Swartz | 7/30/16 | $84,000 |
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 | $3,223,140 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $3,223,140 |
| Total Program Service Revenue | $412 |
| Investment income | $0 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $3,223,552 |
| 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 | $27,404 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $95,550 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $594,396 |
| Pension plan accruals and contributions | $2,940 |
| Other employee benefits | $323,735 |
| Payroll taxes | $23,647 |
| Fees for services: Management | $84,000 |
| Fees for services: Legal | $1,100 |
| Fees for services: Accounting | $16,516 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $7,787 |
| Advertising and promotion | $4,866 |
| Office expenses | $11,143 |
| Information technology | $31,460 |
| Royalties | $0 |
| Occupancy | $64,752 |
| Travel | $23,811 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $6,548 |
| Interest | $58,611 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $57,273 |
| Insurance | $3,366 |
| All other expenses | $0 |
| Total functional expenses | $1,847,719 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $592,263 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| 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 | $78,853 |
| Net Land, buildings, and equipment | $2,634,341 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $3,305,457 |
| Accounts payable and accrued expenses | $63,845 |
| 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 | $2,500,000 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $2,563,845 |
| Net assets without donor restrictions | $706,015 |
| Net assets with donor restrictions | $35,597 |
| 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 | $3,305,457 |