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Lincoln Foundation

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

EIN: 610449631 ✦ Louisville, KY ✦ Designated as a 501(c)(3)

Overview

What is Lincoln Foundation?

The Lincoln Foundation, based in Louisville, Kentucky, is a nonprofit organization committed to empowering promising youth from underprivileged communities. Its primary mission is to provide educational enrichment programs that help young individuals overcome social and economic barriers, ultimately aiding their achievement. This is accomplished through out-of-school academic enrichment and college readiness programs. The Lincoln Foundation's flagship initiative is the Whitney M. Young Scholars Program, which serves approximately 400 students annually. Eligible students must maintain a minimum GPA of 3.0 and qualify for free or reduced lunch. The Foundation's other programs include the Math & Science Program, Digital Transformation Academy, and the Educational Opportunity Scholarship Fund.


Official website here: www.lincolnfdn.org

Is Lincoln Foundation legitimate?

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

Here are some key statistics you may want to consider:

Executive Compensation: $233,869
Professional Fundraising Fees: $0
Other Salaries and Wages: $642,762

For more financial information, click here


Official website here: www.lincolnfdn.org

What is the mission statement of Lincoln Foundation?

The Lincoln Foundation's mission is centered around providing educational enrichment programs that assist and empower youth in overcoming social and economic barriers, thereby aiding them in their pursuit of achievement. This mission is carried out through various initiatives, including outside-of-school academic enrichment and college readiness programs. The foundation's signature program, the Whitney M. Young Scholars Program, serves around 400 students. Other programs under its umbrella include the Math & Science Program, the Digital Transformation Academy, and the Educational Opportunity Scholarship Fund.


Official website here: www.lincolnfdn.org

Who is the CEO of Lincoln Foundation?

Marshall Bradley Jr is the President of Lincoln Foundation.


Official website here: www.lincolnfdn.org

What is the revenue of Lincoln Foundation?

Lincoln Foundation's revenue in 2022 was $1,599,362.


Official website here: www.lincolnfdn.org

Who are the executives of Lincoln Foundation and what are their salaries?

The average compensation at Lincoln Foundation during 2022 was $25,047. There are 35 employees and 45 volunteers at Lincoln Foundation.

Here are 20 key members and their salaries:

    Marshall Bradley Jr (President) [Trustee/Director]
  • Compensation: $202,113
  • Related: $0
  • Other: $31,754

    • Genelle Farley Cochran (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Louis Defreeze (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Laura Douglas (Trustee (Term End 12/31/22))
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Herman Dubose Jr (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Douglas Edwards (Trustee (Term End 2/18/22))
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Sharnika Glenn (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Dr Ta'Neka C Lindsay (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Greg Newbern (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Dr Shawn L Price (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Jenny Sawyer (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Gwendolyn M Young (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Stephanie Hawkins Smith (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • John A Johnson (Trustee - Emeritus)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Dr Samuel Johnson (Trustee - Emeritus)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Gary Brown (Trustee - Emeritus)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Deborah Benberry Williams (Chair (Term End 12/31/22)) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Chris Balmer (Vice-Chair) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Christine Koenig (Treasurer) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Angela Logan Edwards (Secretary) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0


  • Official website here: www.lincolnfdn.org

    Where can I find the form 990 for Lincoln Foundation?

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


    Official website here: www.lincolnfdn.org

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

    Mission Statement of Lincoln Foundation

    The Lincoln Foundation, in its mission, strives to provide educational enrichment programs that aid and support youth in overcoming social and economic barriers to achievement. This is accomplished through the implementation of out-of-school academic enrichment and college readiness programs. One of their significant initiatives is the Whitney M. Young Scholars Program, which serves around 400 students. Beyond this, the foundation offers additional programs such as the Math & Science Program, Digital Transformation Academy, and the Educational Opportunity Scholarship Fund. These initiatives are all geared towards empowering and equipping young individuals to overcome the challenges they face and pave the way for their educational success.

    Impact

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




    Saturday, July 20, 2024

    Lincoln Foundation's impact is evident in the transformative work it does to support youth in overcoming social and economic barriers to achievement. Through programs like the Whitney M. Young Scholars Program, the organization provides a vital alternative path for promising youth from under-resourced communities in Louisville. By offering academic enrichment, social development, and college readiness opportunities, Lincoln Foundation equips these students with the tools they need to succeed in high school and beyond. With a focus on developing the next generation of thought-leaders, change-makers, and trailblazers, Lincoln Foundation's impact extends far beyond individual students to positively influence communities and society as a whole.





    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: $203,350
  • Program Service Revenue: $472,593
  • Gross Receipts: $3,046,265

    • Assets and Liabilities:
  • Total Assets: $12,050,462
  • Total Liabilities: $697,178
  • Net Assets: $11,353,284
  • Programs

    Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

    RENTAL INCOME

    Revenue

    $469,218

    PROGRAM FEES

    Revenue

    $3,375

    Organization Details

    Founding Year

    1910

    Principal Officer

    Marshall Bradley Jr

    Main Address

    4322 BISHOP LANE, LOUISVILLE, KY, 40218

    NTEE Category

    Code: B900 - Education

    If you are a representative of Lincoln Foundation 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.