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Lithuanian Foundation Inc

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

EIN: 366118312 ✦ Lemont, IL ✦ Designated as a 501(c)(3)

Overview

What is Lithuanian Foundation Inc?

Lithuanian Foundation Inc, based in Lemont, Illinois, is a nonprofit organization dedicated to advocating for and supporting research related to Lithuanian American heritage, particularly the Lithuanian language and culture. With a modest team of three employees, the foundation's mission is to preserve and nurture Lithuanian traditions and customs in the United States, Lithuania, and Lithuanian communities worldwide. To accomplish this, they fund various cultural and educational activities, contributing to the continuity and growth of Lithuanian heritage in diverse communities.


Official website here: www.lithuanianfoundation.org

Is Lithuanian Foundation Inc legitimate?

Lithuanian Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Lithuanian Foundation Inc 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.

Here are some key statistics you may want to consider:

Executive Compensation: $78,116
Professional Fundraising Fees: $0
Other Salaries and Wages: $80,869

For more financial information, click here


Official website here: www.lithuanianfoundation.org

What is the mission statement of Lithuanian Foundation Inc?

The Lithuanian Foundation Inc is committed to preserving and nurturing Lithuanian culture and traditions, not just within the United States, but also in Lithuania and global Lithuanian communities. Their mission is to support and advocate for initiatives that foster the understanding and appreciation of Lithuanian heritage, with a particular focus on the Lithuanian language and culture. This is achieved through providing grants to university students and supporting various research projects. The foundation aims to foster a sense of unity and pride within the Lithuanian community, promoting cultural exchange and education.


Official website here: www.lithuanianfoundation.org

Who is the CEO of Lithuanian Foundation Inc?

Audrone Pavilcius-Karaliu is the Principal Officer of Lithuanian Foundation Inc.


Official website here: www.lithuanianfoundation.org

What is the revenue of Lithuanian Foundation Inc?

Lithuanian Foundation Inc's revenue in 2022 was $2,868,132.


Official website here: www.lithuanianfoundation.org

Who are the executives of Lithuanian Foundation Inc and what are their salaries?

The average compensation at Lithuanian Foundation Inc during 2022 was $52,995. There are 3 employees and 22 volunteers at Lithuanian Foundation Inc.

Here are 22 key members and their salaries:

    Jurate Mereckis (Executive Director)
  • Compensation: $78,116
  • Related: $0
  • Other: $0

    • Tauras Bublys (Chairman) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Audrone Pavilcius Karalius (President) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Loreta Sadauskas (Officer) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Saulius Cyvas (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Milda Davis (Officer) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Jonas Howes (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Juozas Kapacinskas (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Marius Kasniunas (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Viktoras Kaufmanas (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Vytautas Narutis (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Rimas Radzevicius (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Antanas Razma Jr (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Gintaras Vaisnys (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Dalius Vasys (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Lina Zlioba (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Vytenis Kirvelaitis (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Laima Kiliene (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Daiva Litvinskaite (Vice President)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Ieva Dilyte (Officer)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Leonas Narbutis (Officer)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Goda Misiunas (Officer)
  • Compensation: $0
  • Related: $0
  • Other: $0


  • Official website here: www.lithuanianfoundation.org

    Where can I find the form 990 for Lithuanian Foundation Inc?

    The Lithuanian Foundation Inc’s most recent form 990 was submitted in 2022 and can be accessed here


    Official website here: www.lithuanianfoundation.org

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

    Mission Statement of Lithuanian Foundation Inc

    The Lithuanian Foundation Inc is dedicated to preserving and fostering Lithuanian culture and traditions both in the United States, Lithuania, and within global Lithuanian communities. This nonprofit organization aims to support and promote efforts related to the research of Lithuanian American heritage, with a particular focus on the Lithuanian language and culture. To achieve this, the foundation provides grants to university students, contributing to the continuation and development of Lithuanian heritage and cultural knowledge.

    Impact

    This information is meant to be a general summary of Lithuanian Foundation Inc. Please take the time to review official sources before making any decisions based upon the content provided here.




    Thursday, August 15, 2024

    Lithuanian Foundation Inc makes a significant impact by funding Lithuanian cultural and educational activities. Its mission is to preserve and foster Lithuanian culture and traditions in the United States, Lithuania, and Lithuanian communities worldwide. One of the key ways it achieves this is by providing grants to university students for research of Lithuanian American heritage, with a focus on the Lithuanian language and culture. This support helps to ensure the continued study and celebration of Lithuania's rich cultural heritage, contributing to the preservation and promotion of Lithuanian identity both domestically and internationally.





    Financials

    This financial information is from Propublica.

    Revenue
    Expenses
    Efficiency

    Other financial information:

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

  • Investment Income: $1,523,229
  • Program Service Revenue: $0
  • Gross Receipts: $10,799,276

    • Assets and Liabilities:
  • Total Assets: $47,203,590
  • Total Liabilities: $1,507,387
  • Net Assets: $45,696,203
  • Organization Details

    Founding Year

    1962

    Principal Officer

    Audrone Pavilcius-Karaliu

    Main Address

    14911 127TH STREET, LEMONT, IL, 604397417

    NTEE Category

    Code: A122 - Arts

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