Dr Lee Maccormick Edwards Charitable Foundation

Tax-deductible

Naples, FL501(c)(3)Foundations & GrantmakersEIN 46-2742629Revenue $623K in FY2024

On file with the IRSdlmecf.orgT Albright 4851 Tamiami Trail N, 34103-0000 · Naples, FLTax-exempt since Oct 2014Private non-operating foundation

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501(c)(3) charity; gifts are tax-deductible.
Status: IRS Pub. 78

Before you give

FY2024 · Form 990-PFIndependent: from IRS data, not the org
Download 990
IRS status
501(c)(3)
not on the IRS revocation list
Looks good: listed by the IRS and not on the revocation list.
IRS BMF · Auto-Revocation List
Tax-deductible gifts
Yes
Donations are tax-deductible
Looks good: the IRS lists gifts to it as deductible.
IRS Pub. 78 · IRS BMF
Latest return
FY2024
latest Form 990-PF
Looks good: the latest return is for FY2024, 2 tax years back; within 2 tax years.
IRS e-file · Filing history
Surplus or deficit
2 of 5
filings with a surplus
Average surplus $49K a year · 9% of revenue · last 5 filings
Worth a look: a surplus in 2 of the last 5 filings.
990-PF Pt I · 5 filings
Cash reserves
3 mo
of spending, in cash
Looks good: 3.1 months of spending in cash; 3 or more.
Pt X · Ln 1–2 · Pt I · Ln 18
Liabilities
$0
0% of total assets
Looks good: liabilities are 0% of assets; 50% or less.
990-PF Pt II
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$623K
+52% vs prior year
Spent
$553K
Net assets
$5.7M
By yearFY2020–FY2024
Revenue
$623K
FY2024▲ +52%
Tap a bar for its year
Revenue by fiscal year
FY2020$91K
FY2021$1.1M
FY2022$349K
FY2023$409K
FY2024$623K
Expenses
$553K
FY2024▲ +13%
Tap a bar for its year
Expenses by fiscal year
FY2020$338K
FY2021$515K
FY2022$477K
FY2023$490K
FY2024$553K
Net assets
$5.7M
FY2024▲ +1%
Tap a bar for its year
Net assets by fiscal year
FY2020$5.2M
FY2021$5.8M
FY2022$5.7M
FY2023$5.6M
FY2024$5.7M

From the FY2024 Form 990 · see the original

Give Claim

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2024. IRS ruling in Oct 2014.

IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File

Where the money goes

What each dollar paid for.

Grants & contributions paid 76% · $423K Operating & administrative 24% · $131K

Form 990 Part IX, line 25, columns B–D. Every line is in By the numbers.

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Who runs it and what they're paid

3 people listed on the 990-PF.

Part VII, Section A · reportable compensation
Secretary/Treasurer
$0Pt VII · Sec A
$0Pt VII · Sec A
Vice President
$0Pt VII · Sec A
See Dr Lee Maccormick Edwards Charitable Foundation executive salaries →

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Programs and updates

A private foundation based in Naples, FL.

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Provided by the organization

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Grants and how to apply

Who it funds, and how to ask.

Who They Fund

Part XV · grants paid · 35 grants · $423K · 2024–2024
Columbia University - Wallach Art GalleryFY2024$25,000
Columbia UniversityFY2024$25,000
Byrd Hoffman Watermill CenterFY2024$25,000
Bronx School for Music INCNY · FY2024$25,000
Friends of the Garvan Institute of Medical ResearchFY2024$20,000
Individual RecipientFY2024$18,837
Chapel & York Foundation - Royal Museums of GreenwichFY2024$17,618
Delaware Art Museum INCDE · FY2024$15,000
Individual RecipientFY2024$15,000
Chapel & York - Cortauld Institute of ArtFY2024$15,000
Bard Graduate CenterFY2024$15,000
Chapel & York Foundation - Watts GalleryFY2024$13,000
The Frick CollectionNY · FY2024$12,500
V&a Americas FoundationFY2024$11,900
Caf America - Hunter Medical Research InstituteFY2024$10,800
Caf America - Sydney Symphony OrchestraFY2024$10,514
Caf America - Art Gallery of New South WalesFY2024$10,300
See all 35 grants →

Grantmaking Profile

Patterns in foundation giving
Distinct granteesPart XV11
Average grantPart XV$12K
Median grantPart XV$10K
Largest grantPart XV$25K
Top cause focusNTEEArts & Culture (17%)

By the numbers

The FY2024 990-PF, line by line.

1The main four
Money in
$623K
Investment income$622K
Other income$1K
Money out
$553K
Grants paid$423K
Running costs$131K
Owns and owes
$5.7M
net assets
Cash and savings$143K
Total assets$5.7M
Liabilities$0
People
3
listed
Paid0
2In more detail
Revenue in detail
Investment income$622K
Other income$1K
Total revenue$623K
Assets in detailEnd of year
Cash and savings together$143K
Total assets$5.7M
Liabilities$0
Net assets$5.7M
Operations
Fiscal year endsDecember

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2024 Latest Viewing $623K$553K$69K$5.7M 990 PDF
FY2023 $409K$490K−$81K$5.6M 990 PDF
FY2022 $349K$477K−$128K$5.7M 990 PDF
FY2021 $1.1M$515K$632K$5.8M 990 PDF
FY2020 $91K$338K−$246K$5.2M 990 PDF

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Schedules filed Part IV

III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash

Form 990 e-file (XML) FY2024 from the IRS · Classification, formation year and address from the IRS Business Master File

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