The Lundberg Family Founation
- Assets
- $1.5m
- Revenue
- $117.2k
- Investments
- $1.4m
- Employees
- 0
- Location
- Wilmington, DE
- Founding
- Data as of
- 12/2023
- EIN
- 84-3586622
Organization Overview
The Lundberg Family Founation is located in Wilmington, DE. According to its NTEE Classification (A12) the organization is classified as: Fund Raising & Fund Distribution, 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. Lundberg Family Founation 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, Lundberg Family Founation generated $117.2k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 5 years, the organization has seen revenues fall by an average of (42.8%) each year.
Since 2020, Lundberg Family Founation has awarded 116 individual grants totaling $368,447. 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.
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $3,350 |
| Dividends & Interest | $37,797 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $76,032 |
| Capital Gain Net Income | $127,448 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $117,179 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $10,824 |
| Taxes | $2,146 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $13,258 |
| Total operating and administrative expenses | $49,854 |
| Contributions, gifts, grants paid | $131,100 |
| Total expenses and disbursements | $180,954 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $87,021 |
| 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 | $1,465,276 |
| 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, The Lundberg Family Founation has awarded $131,100 in support to 34 organizations.
| Grant Recipient | Amount |
|---|---|
ASPETUCK LAND TRUST INC PURPOSE: GENERAL & UNRESTRICTED | $250 |
CAL POLY POMONA PHILANTHROPIC FOUNDATION PURPOSE: THE PRESIDENT'S SCHOLARS: THE LUNDBERG FAMILY FOUNDATION SCHOLARSHIP FUND | $30,000 |
CONNECTICUT WOMENS HALL OF FAME INC PURPOSE: CHARITABLE EVENT | $250 |
CENTER FOR CHILDRENS ADVOCACY INC PURPOSE: GENERAL & UNRESTRICTED | $250 |
CROHNS AND COLITIS FOUNDATION OF AMERICA PURPOSE: CHARITABLE EVENT | $350 |
CULTURAL ALLIANCE OF FAIRFIELD COUNTY INC PURPOSE: CHARITABLE EVENT | $2,000 |