Karen And Kevin Lynch Foundation
- Assets
- $1.8m
- Revenue
- $66.9k
- Investments
- $1.7m
- Employees
- 0
- Location
- West Hartford, CT
- Founding
- Data as of
- 03/2024
- EIN
- 92-1361140
Organization Overview
Karen And Kevin Lynch Foundation is located in West Hartford, CT. According to its NTEE Classification (Z99) the organization is classified as: Unknown, under the broad grouping of Unknown and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Karen And Kevin Lynch 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 03/2024, Karen And Kevin Lynch Foundation generated $66.9k in total revenue. All expenses for the organization totaled $214.8k during the year ending 03/2024.
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PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Karen S Lynch Trustee | 0 | $0 | |
Kevin M Lynch Trustee | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $5,713 |
| Dividends & Interest | $35,655 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $25,483 |
| Capital Gain Net Income | $25,483 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $66,851 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $18,670 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $0 |
| Total operating and administrative expenses | $29,807 |
| Contributions, gifts, grants paid | $185,000 |
| Total expenses and disbursements | $214,807 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $49,765 |
| 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 | $0 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $1,751,704 |
| 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, Karen And Kevin Lynch Foundation has awarded $185,000 in support to 5 organizations.
| Grant Recipient | Amount |
|---|---|
PENNSYLVANIA STATE UNIVERSITY PURPOSE: CURRENT USE FOR GENERAL CHARITABLE PURPOSES | $45,000 |
PROPRIETORS OF THE WARE PURPOSE: CURRENT USE FOR GENERAL CHARITABLE PURPOSES | $10,000 |
NEW ALTERNATIVES FOR CHILDREN INC PURPOSE: CURRENT USE FOR GENERAL CHARITABLE PURPOSES | $10,000 |
JOHN F KENNEDY LIBRARY PURPOSE: CURRENT USE FOR GENERAL CHARITABLE PURPOSES | $20,000 |
THE QUELL FOUNDATION PURPOSE: CURRENT USE FOR GENERAL CHARITABLE PURPOSES | $100,000 |