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Lily Charitable Foundation is a private corporation based in COCKEYSVILLE, MD. The foundation received its IRS ruling in 2019. It holds total assets of $495K. Annual income is reported at $113K. The foundation operates in the area of philanthropy & grantmaking. According to available records, Lily Charitable Foundation has made 5 grants totaling $300K, with a median grant of $61K. Annual giving has grown from $40K in 2020 to $61K in 2023. Grantmaking activity was highest in 2022 with $156K distributed across 2 grants. Individual grants have ranged from $40K to $78K, with an average award of $60K. Grant recipients are concentrated in Maryland. Contributions to this foundation are tax-deductible.
Lily Charitable Foundation primarily funds organizations in the area of philanthropy & grantmaking. Based on available records, the foundation has funded 5 grants. Its grantmaking reaches organizations primarily in MD.
Lily Charitable Foundation has distributed a total of $300K across 5 grants. The median grant size is $61K, with an average of $60K. Individual grants have ranged from $40K to $78K.
Lily Charitable Foundation typically selects its grantees rather than accepting unsolicited proposals.
Lily Charitable Foundation is headquartered in COCKEYSVILLE, MD.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Eric G Smith | PRESIDENT | $0 | $0 | $0 |
| Frederick G Smith | VICE PRESIDENT | $0 | $0 | $0 |
| Venice Paterakis Smith | SECRETARY/TREASURER | $0 | $0 | $0 |
Total Giving
$68K
Total Assets
$494K
Fair Market Value
$1.2M
Net Worth
$494K
Grants Paid
$61K
Contributions
$0
Net Investment Income
$80K
Distribution Amount
$62K
Total: $0
Total Grants
5
Total Giving
$300K
Average Grant
$60K
Median Grant
$61K
Unique Recipients
1
Most Common Grant
$78K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Gerstell AcademyUNRESTRICTED | Finksburg, MD | $61K | 2023 |
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