The Lucy Foundation
Overview
Mission
Philanthropy, Voluntarism, and Grantmaking Foundations N.E.C.
What it reported funding in 2015
The foundation reported 15 grants totaling $208,382. The stated grant purpose was charitable.
Operating model
- Revenue model
- Investment-supported. 100% of the foundation's positive operating resources came from recurring investment income.
- Distribution model
- Grant intermediary. The foundation distributed 100% of its reported charitable disbursements as grants.
- Includes asset-sale income: Asset-sale income is shown separately from recurring resources when classifying the revenue model.
Nonprofit profile at a glance
- EIN
- 133860958
- IRS 990-PF coverage
- 2011–2015
- Forms available
- Form 990-PF 2015
- Headquarters
- New York, NY, USA
- Rating
- 60
- Verdict
- SUPPORTED
- Rating confidence
- Moderate
- Sector
- Philanthropy, Voluntarism, and Grantmaking Foundations N.E.C.
The verdict
SUPPORTED - The filed numbers largely add up and the filing identifies who received its grants. Assets provide a limited cushion relative to annual grants.
Rating breakdown
- Grant Deployment: NotEnoughData
- Cost Efficiency: 96
- Transparency: 100
- Compliance: 100
- Endowment Health: 4
Detailed rating inputs
Grant Deployment
- Grant deployment ratio: Limited
Cost Efficiency
- Grant expense ratio: 96.2%; rating input score 96; 76th percentile among comparable filings
Transparency
- Grant recipient disclosure: Yes; rating input score 100
Compliance
- Part VII-B activity disclosures: 19 of 19 controls in place; rating input score 100
- Filing consistency checks: 7; rating input score 100
Endowment Health
- Endowment-health comparison: 0; rating input score 4; 4th percentile among comparable filings
Details
- Where the money goes: Financial trends and filed revenue, expense, asset, and liability detail
- Grants: 100% of grant recipient detail disclosed
- Trustees: Filed trustees detail
- Self-dealing: 100% of reviewed questions answered “No”
- Investments: 4th percentile for endowment coverage
- Consistency: 7 of 7 current checks pass
- Filing history: 5 annual filings from 2011 to 2015
- Contacts: How to reach this organization
- Money network: 16 filed money-flow records
- Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
- People: Everyone the filings name, and which of them the filings identify by more than a name.