Alice Lee Lund Charitable Tr
- Assets
- $10.7m
- Revenue
- $1.1m
- Investments
- $9.9m
- Employees
- 0
- Location
- Great Falls, MT
- Founding
- 04/2001
- Data as of
- 12/2020
- EIN
- 91-6530681
Organization Overview
Alice Lee Lund Charitable Tr is located in Great Falls, MT. The organization was established in 2001. According to its NTEE Classification (T20) the organization is classified as: Private Grantmaking 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. Alice Lee Lund Charitable Tr 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 12/2020, Alice Lee Lund Charitable Tr generated $1.1m in total revenue. This represents a relatively dramatic decline in revenue. Over the past 6 years, the organization has seen revenues fall by an average of (3.5%) each year. All expenses for the organization totaled $1.4m during the year ending 12/2020. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, Alice Lee Lund Charitable Tr has awarded 123 individual grants totaling $7,419,641. 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.
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Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $36 |
| Dividends & Interest | $148,037 |
| Net Rental Income | -$9,797 |
| Net Gain on Sale of Assets | -$187,227 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $1,165,891 |
| Total Revenue | $1,126,737 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $99,489 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $23,313 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $435,633 |
| Total operating and administrative expenses | $567,358 |
| Contributions, gifts, grants paid | $876,722 |
| Total expenses and disbursements | $1,444,080 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $90,836 |
| Savings and temporary cash investments | $328,077 |
| Net Accounts receivable | $32,189 |
| 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 | $9,878,004 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $356,792 |
| Total assets | $10,685,898 |
| 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 | $200,000 |
| Total liabilities | $200,000 |
Grants Awarded
Over the last fiscal year, Alice Lee Lund Charitable Tr has awarded $1,287,625 in support to 18 organizations.
| Grant Recipient | Amount |
|---|---|
UNIVERSITY OF MONTANA FOUNDATION-ALI AUDITORIUM PURPOSE: CHARITABLE - ALI AUDITORIUM | $815,625 |
HUMANE SOCIETY OF WESTERN MONTANA PURPOSE: CHARITABLE | $83,000 |
Bigfork, MT PURPOSE: CHARITABLE | $60,000 |
ALLIANCE FOR YOUTH PURPOSE: CHARITABLE | $50,000 |
Missoula, MT PURPOSE: CHARITABLE - CAMP MAK-A-DREAM | $40,500 |
GREAT FALLS RESCUE MISSION PURPOSE: CHARITABLE | $40,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Hughes Charitable Foundation Jackson, WY | $5,676,764 | $10,003,792 |
Gianforte Fam Charitable Tr Bozeman, MT | $232,267,609 | $12,872,148 |
The Aditi Foundation Sioux Falls, SD | $272,669 | $9,625,048 |
Denny Sanford Foundation Sioux Falls, SD | $42,390,595 | $5,136,218 |
Montana Healthcare Foundation Bozeman, MT | $211,845,474 | $27,605,227 |
Homer A Scott And Mildred S Scott Foundation Sheridan, WY | $28,032,742 | $11,071,204 |
J R Simplot Foundation Inc Boise, ID | $241,362,659 | $7,582,149 |
Laura Moore Cunningham Foundation Inc Boise, ID | $9,665,036 | $4,890,131 |
Bruno And Evelyne Betti Foundation Billings, MT | $0 | $451,341 |
Dakota Charitable Foundation Inc Rapid City, SD | $26,047,186 | $2,168,472 |
Town Pump Charitable Foundation Butte, MT | $40,763,462 | $8,633,359 |
Pharos Foundation Jackson, WY | $46,452,761 | $4,714,657 |