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Lids Foundation Inc

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

EIN: 452603096 ✦ Indianapolis, IN ✦ Designated as a 501(c)(3)

Overview

What is Lids Foundation Inc?

Lids Foundation Inc, located in Indianapolis, Indiana, is a nonprofit organization dedicated to supporting local communities and the charitable organizations that serve them. Their mission is to empower community members of all ages to live more active, healthy, and productive lives. To achieve this, they distribute grants to various grantees, such as the Boys and Girls Clubs of Metropolitan Baltimore, Sea of Trees, and The Arc. By doing so, Lids Foundation Inc contributes to enriching community life and promoting overall well-being.


Official website here: www.lidsfoundation.org

Is Lids Foundation Inc legitimate?

Lids Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Lids 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here


Official website here: www.lidsfoundation.org

What is the mission statement of Lids Foundation Inc?

The Lids Foundation's mission is to provide direct support to local communities and charitable organizations that serve them, enabling individuals of all ages to lead more active, healthy, and productive lives. By offering grants, the foundation contributes to various initiatives that aim to improve community well-being and vitality. For instance, in the past, the foundation has awarded grants to organizations such as the Boys and Girls Clubs of Metropolitan Baltimore, Sea of Trees, and The Arc. These organizations use the funds to carry out programs and initiatives that directly impact the lives of community members.


Official website here: www.lidsfoundation.org

Who is the CEO of Lids Foundation Inc?

Thomas Ripley is the President of Lids Foundation Inc.


Official website here: www.lidsfoundation.org

What is the revenue of Lids Foundation Inc?

Lids Foundation Inc's revenue in 2022 was $1,202,516.


Official website here: www.lidsfoundation.org

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

Here are 4 key members and their salaries:

    Thomas Ripley (President) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Lawrence Berger (Treasurer) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Alan Noskow (Secretary) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • William Carr (Controller/Finance Manager) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0


  • Official website here: www.lidsfoundation.org

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

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


    Official website here: www.lidsfoundation.org

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

    Mission Statement of Lids Foundation Inc

    Lids Foundation Inc, a charitable organization, is committed to directly supporting local communities and the organizations that serve them. Its mission is to empower individuals of all ages, enabling them to live more active, healthy, and productive lives. The foundation achieves this by granting funds to various charitable organizations. By doing so, Lids Foundation Inc contributes to the well-being of its community members, promoting an overall improvement in their quality of life. Among the grantees that have benefited from its support are the Boys and Girls Clubs of Metropolitan Baltimore, Sea of Trees, and The Arc.

    Impact

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




    Saturday, July 20, 2024

    Lids Foundation Inc's impact is notable in providing support directly to local communities and charitable organizations that serve them. This support enables community members of all ages to live more active, healthy, and productive lives. The foundation has awarded grants to various organizations, including the Boys and Girls Clubs of Metropolitan Baltimore, Sea of Trees, and The Arc, among others. Their work in Indianapolis and beyond reflects their commitment to improving the well-being and opportunities available to individuals within these communities.





    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: $0
  • Program Service Revenue: $0
  • Gross Receipts: $1,311,712

    • Assets and Liabilities:
  • Total Assets: $1,636,077
  • Total Liabilities: $86,186
  • Net Assets: $1,549,891
  • Organization Details

    Founding Year

    2011

    Principal Officer

    Thomas Ripley

    Main Address

    7676 INTERACTIVE WAY, INDIANAPOLIS, IN, 460779845

    NTEE Category

    Code: P60 - Human services

    If you are a representative of Lids Foundation Inc and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.