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Lyford Cay Foundation Inc C/O Gilbride Tusa Last & Spellane Llc

Learn about this cause: What are the reviews? Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 237025275 ✦ Greenwich, CT ✦ Designated as a 501(c)(3)

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Overview

What is Lyford Cay Foundation Inc C/O Gilbride Tusa Last & Spellane Llc?

The Lyford Cay Foundation Inc, under the legal representation of Gilbride Tusa Last & Spellane Llc, is a charitable organization committed to uplifting the Bahamas. Their primary approach involves offering scholarships to aid students in pursuing higher education after high school. Additionally, the foundation has an educational initiative named f.o.c.u.s., which is an intensive eight-year program aiming to equip underprivileged students with the necessary skills and knowledge for college and career success through regular weekend and summer classes.


Official website here: www.lyfordcayfoundations.org

What are the reviews and ratings of this charity?

Charity Navigator Rating: 97%, Four-Star out of Four Star rating.

Lyford Cay Foundation Inc has achieved an impressive 97% score, indicating a high level of accountability and financial responsibility. The foundation's entire score is derived from its Performance in Accountability & Finance, showing a strong commitment to ethical financial practices and transparency.

The organization boasts a fully independent board, consisting of 17 members, and has no reported material diversion of assets. Key strengths include excellent financial metrics such as a low liabilities-to-assets ratio and a high program expense ratio, demonstrating effective use of resources toward its mission. Additionally, the foundation has well-established policies in place for conflict of interest, whistleblowing, and document retention.

Despite its stellar rating, potential donors may find limitations in understanding the specific impact or outcomes of the foundation's programs, as the score does not reflect program effectiveness or beneficiary testimonials. Overall, Lyford Cay Foundation Inc stands out for its financial health and commitment to governance.


This AI summary has been generated from information found on Charity Navigator.

What do the Facebook reviews say about Lyford Cay Foundation Inc C/O Gilbride Tusa Last & Spellane Llc?

82% of reviewers on Facebook recommend the Lyford Cay Foundation Inc, highlighting its focus on education for Bahamian students. Many express appreciation for the organization's commitment to enhancing the educational landscape in the Bahamas and its vision for a better future.

Positive sentiments emphasize the foundation’s efforts in supporting students and the community’s overall growth. Reviewers acknowledge the impact the organization has had in fostering educational opportunities, which is seen as vital for the country’s development.

Overall, the foundation appears to resonate well with the community, as supporters value its mission and initiatives aimed at empowering the youth through education.


This AI summary has been generated from reviews found on Facebook.

Is Lyford Cay Foundation Inc C/O Gilbride Tusa Last & Spellane Llc legitimate?

Lyford Cay Foundation Inc C/O Gilbride Tusa Last & Spellane Llc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Lyford Cay Foundation Inc C/O Gilbride Tusa Last & Spellane Llc submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.


Heare are some key statistics you may want to consider:

Executive Compensation: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $682,092

For more financial information, click here


Official website here: www.lyfordcayfoundations.org

What is the mission statement of Lyford Cay Foundation Inc C/O Gilbride Tusa Last & Spellane Llc?

The Lyford Cay Foundation, overseen by Gilbride Tusa Last & Spellane Llc, is a philanthropic organization dedicated to the development of the Bahamas. It achieves this goal primarily through the provision of scholarships for post-secondary education. Additionally, the foundation runs an educational initiative called f.o.c.u.s., which is an eight-year school enrichment program designed to help under-resourced students prepare for college and career success by offering weekend and summer classes.


Official website here: www.lyfordcayfoundations.org

Who is the CEO of Lyford Cay Foundation Inc C/O Gilbride Tusa Last & Spellane Llc?

Basil P Goulandris is the Chair of Lyford Cay Foundation Inc C/O Gilbride Tusa Last & Spellane Llc.


Official website here: www.lyfordcayfoundations.org

What is the revenue of Lyford Cay Foundation Inc C/O Gilbride Tusa Last & Spellane Llc?

Lyford Cay Foundation Inc C/O Gilbride Tusa Last & Spellane Llc's revenue in 2022 was $2,743,511.


Official website here: www.lyfordcayfoundations.org

Who are the executives of Lyford Cay Foundation Inc C/O Gilbride Tusa Last & Spellane Llc and what are their salaries?

There 53 volunteers at Lyford Cay Foundation Inc C/O Gilbride Tusa Last & Spellane Llc.


Here are 17 key members and their salaries:


Mr Basil P Goulandris (Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mrs Sarah A Farrington (Vice Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mr Jeffrey A Everett (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mr John T Crone Iv (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mr E Parker Neave (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Lady Camille Barnett (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Robin D'Alessandro (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Ms Saskia D'Aguilar (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mr Ian D Fair (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mrs Jennifer Flanagan (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mr Philip Hillier (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mrs Lynn Holowesko (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mrs Nancy Kelly (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Robin Symonette (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Ms Wendy Warren (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mrs Patricia Thomson Leonard (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mrs Judith A Whitehead (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.lyfordcayfoundations.org

Where can I find the form 990 for Lyford Cay Foundation Inc C/O Gilbride Tusa Last & Spellane Llc?

Lyford Cay Foundation Inc C/O Gilbride Tusa Last & Spellane Llc's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.lyfordcayfoundations.org

Learn more at the official website: www.lyfordcayfoundations.org

Mission Statement of Lyford Cay Foundation Inc C/O Gilbride Tusa Last & Spellane Llc

The Lyford Cay Foundation is a philanthropic organization with a mission to contribute to the development of the Bahamas. One of its primary methods of accomplishing this goal is by providing scholarships for post-secondary education to individuals in need. Beyond this, the foundation has an educational initiative called f.o.c.u.s., which is an eight-year school enrichment program. This program aims to set under-resourced students on a path towards college and career success through weekend and summer classes. The Lyford Cay Foundation's efforts are focused on empowering these students, providing them with the tools and opportunities needed to succeed in their future endeavors.

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Impact




October, 2024

The Lyford Cay Foundation Inc, operating through Gilbride Tusa Last & Spellane LLC, significantly impacts the development of the Bahamas by focusing on education and empowerment. Its primary approach involves awarding scholarships for post-secondary education, which helps students from varied backgrounds pursue higher education opportunities that may otherwise be inaccessible.

Additionally, the foundation implements an educational initiative known as f.o.c.u.s. This eight-year school enrichment program is designed to support under-resourced students by providing them with essential skills and knowledge through weekend and summer classes. This initiative not only enhances their academic performance but also prepares them for college and future career success.

Overall, the Foundation plays a crucial role in fostering educational advancement and improving the socio-economic status of individuals in the Bahamas, thereby contributing to the broader development of the community.




This information is meant to be a general summary of Lyford Cay Foundation Inc C/O Gilbride Tusa Last & Spellane Llc. Please take the time to review official sources before making any decisions based upon the content provided here.


Financials

This financial information is from Propublica.

Revenue
$2,743,511 (2022)
Expenses
$2,631,347 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $309,005
  • Gross Receipts: $36,875,592

Assets and Liabilities:

  • Total Assets: $30,327,131
  • Total Liabilities: $736,597
  • Net Assets: $29,590,534

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Organization Details

Founding Year

1969

Principal Officer

Basil P Goulandris

Main Address

31 BROOKSIDE DRIVE, GREENWICH, CT, 06836

NTEE Category

Code: T900 - Philanthropy

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