Gerald L Lennard Foundation Inc
Overview
Mission
Private Independent Foundations
What it reported funding in 2024
The foundation reported 80 grants totaling $2,489,333. The stated grant purposes included general & unrestricted, women's health in puerto rico, and women's program and alumni, plus 34 other reported purposes.
Operating model
- Revenue model
- Investment-supported. 91% of the foundation's positive operating resources came from recurring investment income.
- Distribution model
- Grant intermediary. The foundation distributed 91% 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
- 133888381
- IRS 990-PF coverage
- 2013–2024
- Forms available
- Form 990-PF 2024
- Headquarters
- Wilmington, DE, USA
- Rating
- 90
- Verdict
- STRONG
- Rating confidence
- Standard
- Sector
- Private Independent Foundations
The verdict
STRONG - A large share of available resources goes to charitable grants and the filing identifies who received its grants. Assets provide a limited cushion relative to annual grants and the filing reports one or more activities that warrant closer review.
Rating breakdown
- Grant Deployment: 100
- Cost Efficiency: 78
- Transparency: 100
- Compliance: 98
- Endowment Health: 49
Detailed rating inputs
Grant Deployment
- Grant deployment ratio: 100%; rating input score 100; 58th percentile among comparable filings
Cost Efficiency
- Grant expense ratio: 78.3%; rating input score 78; 37th percentile among comparable filings
Transparency
- Grant recipient disclosure: Yes; rating input score 100
Compliance
- Part VII-B activity disclosures: 18 of 19 controls in place; rating input score 95
- Filing consistency checks: 9; rating input score 100
Endowment Health
- Endowment-health comparison: 18.16; rating input score 49; 49th 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
- Payout: 100% grant deployment rate
- Trustees: Filed trustees detail
- Self-dealing: 100% of reviewed questions answered “No”
- Investments: 49th percentile for endowment coverage
- Consistency: 9 of 9 current checks pass
- Filing history: 6 annual filings from 2013 to 2024
- Contacts: How to reach this organization
- Money network: 85 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.