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Covilla Lynch Foundation Inc. is a private corporation based in NEW YORK, NY. The foundation received its IRS ruling in 2018. The principal officer is Liam Lynch. It holds total assets of $511K. Annual income is reported at $217K. Total assets have decreased from $656K in 2019 to $518K in 2023. The foundation is governed by 3 officers and trustees. The foundation operates in the area of philanthropy & grantmaking. According to its most recent filing, the foundation only makes contributions to preselected charitable organizations. Tax records are available from 2018 to 2023. The foundation primarily funds organizations in New York, Kansas and Massachusetts. According to available records, Covilla Lynch Foundation Inc. has made 21 grants totaling $256K, with a median grant of $10K. Annual giving has decreased from $55K in 2020 to $37K in 2023. Grantmaking activity was highest in 2022 with $127K distributed across 8 grants. Individual grants have ranged from $4K to $33K, with an average award of $12K. The foundation has supported 12 unique organizations. The foundation primarily supports organizations in New York, Massachusetts, New Jersey, which account for 86% of all grants. Grantmaking reaches organizations across 5 states. Contributions to this foundation are tax-deductible.
Smallest Grant
$4K
Median Grant
$13K
Average Grant
$16K
Largest Grant
$33K
Based on 4 grants from the most recent 990-PF filing.
No program descriptions are available for this foundation. Many private foundations report program activities in their annual 990-PF filings — check the Tax Filings section below for the most recent filing.
Covilla Lynch Foundation Inc. primarily funds organizations in the area of philanthropy & grantmaking. Based on available records, the foundation has funded 21 grants. Its grantmaking reaches organizations primarily in NY, MA, NJ.
Covilla Lynch Foundation Inc. has distributed a total of $256K across 21 grants. The median grant size is $10K, with an average of $12K. Individual grants have ranged from $4K to $33K.
Covilla Lynch Foundation Inc. typically selects its grantees rather than accepting unsolicited proposals.
Covilla Lynch Foundation Inc. is headquartered in NEW YORK, NY. While based in NY, the foundation distributes grants to organizations across 5 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Liam Lynch | PRESIDENT | $0 | $0 | N/A |
| Violeta Berniczky | TREASURER | $0 | $0 | N/A |
| Kristine Lynch | SECRETARY | $0 | $0 | N/A |
Total Giving
$48K
Total Assets
$518K
Fair Market Value
$559K
Net Worth
$518K
Grants Paid
$37K
Contributions
N/A
Net Investment Income
$7K
Distribution Amount
$27K
Total: $459K
Total Grants
21
Total Giving
$256K
Average Grant
$12K
Median Grant
$10K
Unique Recipients
12
Most Common Grant
$10K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Covenant HouseUNRESTRICTED GRANT FOR EXEMPT PURPOSES | New York, NY | $10K | 2021 |
| Community AccessUNRESTRICTED GRANT FOR EXEMPT PURPOSES | New York, NY | $17K | 2023 |
| Adoptive And Foster Family CoalitionUNRESTRICTED GRANT FOR EXEMPT PURPOSES | New Paltz, NY | $5K | 2023 |
| Yaa Samar Dance TheaterUNRESTRICTED GRANT FOR EXEMPT PURPOSES | Brooklyn, NY | $5K | 2023 |
| American Ballet TheaterUNRESTRICTED GRANT FOR EXEMPT PURPOSES | New York, NY | $5K | 2023 |
| Convenant HouseUNRESTRICTED GRANT FOR EXEMPT PURPOSES | Hollywood, CA | $5K | 2023 |
| Ireland FundUNRESTRICTED GRANT FOR EXEMPT PURPOSES | New York, MA | $33K | 2022 |
| Irish Arts Center For ChildrenUNRESTRICTED GRANT FOR EXEMPT PURPOSES | New York, NY | $10K | 2022 |
| Filipino Assocof Great KansasUNRESTRICTED GRANT FOR EXEMPT PURPOSES | Overland Park, KS | $4K | 2022 |
| Ballet Theatre Foundation IncUNRESTRICTED GRANT FOR EXEMPT PURPOSES | New York, NY | $10K | 2021 |
| City Harvest IncUNRESTRICTED GRANT FOR EXEMPT PURPOSES | New York, NY | $10K | 2020 |
| Sheltering ArmsUNRESTRICTED GRANT FOR EXEMPT PURPOSES | Paterson, NJ | $10K | 2020 |