Lilac Fund Inc
- Assets
- $3.2m
- Revenue
- $105.8k
- Investments
- $3.1m
- Employees
- 0
- Location
- Owings Mills, MD
- Founding
- Data as of
- 12/2023
- EIN
- 85-1418990
Organization Overview
Lilac Fund Inc is located in Owings Mills, MD. 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. Lilac Fund Inc 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, Lilac Fund Inc generated $105.8k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 3 years, the organization has seen revenues fall by an average of (46.2%) each year. All expenses for the organization totaled $556.6k during the year ending 12/2023. You can explore the organizations financials more deeply in the financial statements section below.
Since 2021, Lilac Fund Inc has awarded 80 individual grants totaling $961,286. 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.
PDF Copies of 990 Filings
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $90,293 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $14,288 |
| Capital Gain Net Income | $14,288 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $1,205 |
| Total Revenue | $105,786 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $1,404 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $0 |
| Total operating and administrative expenses | $23,499 |
| Contributions, gifts, grants paid | $533,100 |
| Total expenses and disbursements | $556,599 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $114,579 |
| Savings and temporary cash investments | $0 |
| 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 | $524,956 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $3,170,578 |
| Accounts payable and accrued expenses | $15,546 |
| 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 | $15,546 |
Grants Awarded
Over the last fiscal year, Lilac Fund Inc has awarded $533,100 in support to 22 organizations.
| Grant Recipient | Amount |
|---|---|
ACLU FOUNDATION OF MD PURPOSE: GENERAL PURPOSE | $1,000 |
ADELENTE PURPOSE: GENERAL PURPOSE | $1,500 |
ART WITH A HEART PURPOSE: GENERAL PURPOSE | $3,600 |
ECAN PURPOSE: GENERAL PURPOSE | $500 |
EMMA'S TORCH PURPOSE: GENERAL PURPOSE | $1,500 |
JEWISH JOINT DISTRIBUTION COMMITTEE - JDC (UKRAINE RELIEF) PURPOSE: GENERAL PURPOSE | $5,035 |