Danaher Lynch Services Foundation
- Assets
- $2.5m
- Revenue
- $33.6k
- Investments
- $2.2m
- Employees
- 0
- Location
- Newtown, PA
- Founding
- 05/2018
- Data as of
- 12/2023
- EIN
- 82-0947424
Organization Overview
Danaher Lynch Services Foundation is located in Newtown, PA. The organization was established in 2018. According to its NTEE Classification (T23) the organization is classified as: Private Operating 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. Danaher Lynch Services 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, Danaher Lynch Services Foundation generated $33.6k in total revenue. The organization has seen a slow decline revenue. Over the past 6 years, revenues have fallen by an average of (3.0%) each year. All expenses for the organization totaled $1.5m during the year ending 12/2023. You can explore the organizations financials more deeply in the financial statements section below.
Form
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2023
Describe the Organization's Program Activity:
Part 3 - Line 4a
DLSF SUPPORTS THE SCHOLARSHIP PROGRAMS OF DANAHER LYNCH FAMILY FOUNDATION. DLSF IS INTRUMENTAL IN THE RESEARCH, BEST PRACTICES, MARKETING, MESSAGING AND COLLECTION OF APPLICANT DATA TO ALLOW DLFF TO CARRY OUT AN EFFECTIVE AND ORGANIZED APPLICATION AND SELECTION PROCESS FOR RECIPIENTS OF THE DLFF SCHOLARSHIP AWARDS. THERE ARE 2 SCHOLARSHIPS OFFERED; ONE FOR HIGH SCHOOL STUDENTS AND ANOTHER COVERING MULTIPLE ELEMENTARY SCHOOLS. DLSF PLAYS AN ACTIVE ROLE IN EACH LEVEL OF THE SCHOLARSHIP PROCESS FROM CREATING THE APPLICATION FORMAT, DATABASE CONSTRUCTION, DATA GATHERING, TEAM COLLABORATION IN THE SELECTION PROCESS AS WELL AS THE AWARD PRESENTATION.
THE DANAHER LYNCH SERVICES FOUNDATION EMPLOYS A CERTIFIED TEACHER WHO IS INSTRUMENTAL IN CREATING AND CARRYING OUT THE DLFF SCHOLARS PROGRAM. THE SCHOLARS PROGRAM IS MEANT TO SUPPLEMENT THE DLFF SCHOLARSHIP RECIPIENTS WITH INFORMATION AND OPPORTUNITIES TO ENABLE THEM TO BECOME ACTIVE MEMBERS OF THEIR COMMUNITIES WHILE ALSO PREPARING THEM FOR POST HIGH SCHOOL PLANNING. DLSF PROVIDES THE SCHOLARS WITH LEARNING EXPERIENCES AND COMMUNITY EVENTS THAT WILL ROUND OUT THEIR PERSONAL EXPERIENCES TO HELP UNLEASH POTENTIAL IN A VARIETY OF WAYS.
DEVELPOMENT AND ADVANCEMENT CENTERED AROUND EDUCATIONAL WORK IN THE LOCAL CATHOLIC EDUCATIONAL SYSTEM. IT IS NECESSARY FOR DLSF TO PLAN STRATEGICALLY AROUND THE FINANCIAL CHALLENGES OF THE VARIOUS SCHOOLS THAT DLSF WORKS WITH. THE DLSF TEAM EMPLOYS AN EDUCATOR WITH 30 YEAR + EXPERIENCE IN EDUCATIONAL ADVANCEMENT. THE EXPERIENCE WILL ALLOW HER TO UNDERSTAND AND PROBLEM SOLVE THIS IMPORTANT AREA. THIS WILL IN TURN HAVE A DIRECTLY POSITIVE IMPACT ON THE SHCOOLS AND THUS THE STUDENTS IN OUR COMMUNITY THAT WE ARE STRIVING TO OFFER THE ABILITY TO SUCCEED IN A DYNAMIC LEARNING ENVIRONMENT.
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 |
|---|---|---|---|
Susan Dilisio Exec Dir And | 40 | $105,474 | |
Pamela Lynch Asst Secreta | 40 | $76,192 | |
Kathleen Shegda Director Of | 40 | $57,072 | |
Maryann Conway Director Of | 40 | $80,197 | |
Thomas Lynch President | 2 | $0 | |
Katherine Lynch Papandrea Sec And Asst | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $1,000 |
| Interest on Savings | $0 |
| Dividends & Interest | $122,900 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | -$90,319 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $33,581 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $318,935 |
| Other employee salaries and wages | $787,552 |
| Pension plans, employee benefits | $256,295 |
| Interest | $0 |
| Taxes | $1,574 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $2,716 |
| Printing and publications | $0 |
| Other expenses | $76,675 |
| Total operating and administrative expenses | $1,465,964 |
| Contributions, gifts, grants paid | $0 |
| Total expenses and disbursements | $1,465,964 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $113,268 |
| Savings and temporary cash investments | $91,512 |
| 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 | $88,892 |
| Total assets | $2,543,089 |
| 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, Danaher Lynch Services Foundation has awarded $1,962 in support to 2 organizations.
| Grant Recipient | Amount |
|---|---|
AAMBC BUILDING OUR DREAM PURPOSE: GENERAL SUPPORT | $1,447 |
VARIOUS PURPOSE: GENERAL SUPPORT | $515 |