Overview
What is Lutherlyn Foundation?
Lutherlyn Foundation is a nonprofit organization, serving as an investment manager for Lutherlyn, a fellow tax-exempt organization under the Evangelical Lutheran Church in America's group exemption. The foundation utilizes its investment portfolio to support Lutherlyn by funding operating deficits and capital improvement projects. These projects enhance various buildings at the camp, enabling Lutherlyn to deliver more year-round programs and services. By doing so, Lutherlyn Foundation contributes to the sustainability and growth of Lutherlyn's mission. (116 words)
Official website here: www.lutherlyn.com
Is Lutherlyn Foundation legitimate?
Lutherlyn Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Lutherlyn Foundation 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:
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Official website here: www.lutherlyn.com
What is the mission statement of Lutherlyn Foundation?
The Lutherlyn Foundation, acting as a representative for its sole member, Lutherlyn, a tax-exempt organization under the Evangelical Lutheran Church in America's group exemption, manages an investment portfolio and evaluates grant requests directed towards Lutherlyn. The grants disbursed by the foundation have been utilized by Lutherlyn to address operational shortfalls and finance capital improvement projects on various facilities, enabling the camp to sustain its year-round programs and services, thereby catering to a broader range of offerings. The foundation's primary objective is to support Lutherlyn in its mission.
Official website here: www.lutherlyn.com
Who is the CEO of Lutherlyn Foundation?
Ronald Coombs is the President of Lutherlyn Foundation.
Official website here: www.lutherlyn.com
What is the revenue of Lutherlyn Foundation?
Lutherlyn Foundation's revenue in 2022 was $573,967.
Official website here: www.lutherlyn.com
Who are the executives of Lutherlyn Foundation and what are their salaries?
Here are 6 key members and their salaries:
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Official website here: www.lutherlyn.com
Where can I find the form 990 for Lutherlyn Foundation?
Lutherlyn Foundation's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.lutherlyn.com
Learn more at the official website: www.lutherlyn.com
Mission Statement of Lutherlyn Foundation
The Lutherlyn Foundation, acting on behalf of its sole member, Lutherlyn, a Section 501(c)(3) tax-exempt organization under the Evangelical Lutheran Church in America's group exemption, manages an investment portfolio and evaluates grant requests directed towards Lutherlyn. This nonprofit organization's mission is to support its primary member, Lutherlyn, by managing financial investments and reviewing grant applications. This support enables Lutherlyn to address its operating deficits and fund capital improvement projects for various buildings utilized at their camp. These capital improvements enable Lutherlyn to sustain and expand its year-round programs and services.
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Impact
October, 2024
Lutherlyn Foundation plays a vital role in supporting the activities and sustainability of Lutherlyn through its effective management of an investment portfolio and strategic grant-making. By providing funding for operating deficits and capital improvement projects, the foundation has enabled Lutherlyn to enhance its facilities, ensuring that they remain functional and relevant for a wide range of year-round programs and services.
These improvements not only bolster the infrastructure of the camp but also significantly enhance the experiences of participants and visitors. With better facilities, Lutherlyn can offer a broader array of activities and programs that foster community, learning, and spiritual growth. The foundation's support has been instrumental in maintaining and elevating the quality of services provided at Lutherlyn, thereby impacting the lives of many individuals and groups that engage with the camp each year. Ultimately, Lutherlyn Foundation's contributions facilitate meaningful experiences and strengthen the community connected to Lutherlyn in Prospect, PA.
This information is meant to be a general summary of Lutherlyn Foundation. 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.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Investment Income: -$36,033
- Gross Receipts: $573,967
Assets and Liabilities:
- Total Assets: $1,164,208
- Total Liabilities: $0
- Net Assets: $1,164,208
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Organization Details
Founding Year
2012
Phone
(724) 865-2161Principal Officer
Ronald Coombs
Main Address
PO Box 355, Prospect, PA, 16052
Website
www.lutherlyn.comNTEE Category
Code: X11 - Religion related
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