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Locks Family Foundation is a private corporation based in FISHER ISLAND, FL. The foundation received its IRS ruling in 1986. It holds total assets of $6.5M. Annual income is reported at $659K. Total assets have decreased from $9.8M in 2011 to $7.4M in 2023. The foundation is governed by 2 officers and trustees. According to its most recent filing, the foundation only makes contributions to preselected charitable organizations. Tax records are available from 2021 to 2024. The foundation primarily funds organizations in Pennsylvania and New York. According to available records, Locks Family Foundation has made 34 grants totaling $1.2M, with a median grant of $10K. Annual giving has decreased from $830K in 2021 to $343K in 2022. Individual grants have ranged from $5K to $200K, with an average award of $34K. The foundation has supported 22 unique organizations. The foundation primarily supports organizations in New Jersey, Pennsylvania, New York, which account for 91% of all grants. Grantmaking reaches organizations across 5 states. Contributions to this foundation are tax-deductible.
Smallest Grant
$10K
Median Grant
$10K
Average Grant
$32K
Largest Grant
$200K
Based on 13 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.
Locks Family Foundation is a private foundation that provides grants to eligible organizations. Based on available records, the foundation has funded 34 grants. Its grantmaking reaches organizations primarily in NJ, PA, NY.
Locks Family Foundation has distributed a total of $1.2M across 34 grants. The median grant size is $10K, with an average of $34K. Individual grants have ranged from $5K to $200K.
Locks Family Foundation typically selects its grantees rather than accepting unsolicited proposals.
Locks Family Foundation is headquartered in FISHER ISLAND, FL. While based in FL, the foundation distributes grants to organizations across 5 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Sueyun Locks | SECT./TREAS | $0 | $0 | N/A |
| Gene Locks | PRESIDENT | $0 | $0 | N/A |
Total Giving
$419K
Total Assets
$7.4M
Fair Market Value
$7.7M
Net Worth
$7.1M
Grants Paid
$400K
Contributions
N/A
Net Investment Income
$1.6M
Distribution Amount
$281K
Total Grants
34
Total Giving
$1.2M
Average Grant
$34K
Median Grant
$10K
Unique Recipients
22
Most Common Grant
$10K
of 2022 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Barnes FoundationGENERAL SUPPORT | Philadelphia, PA | $10K | 2021 |
| The Trustees Of Princeton University - Princeton Art MuseumGENERAL SUPPORT | Princeton, NJ | $200K | 2022 |
| Philadelphia Museum Of ArtGENERAL SUPPORT | Philadelphia, PA | $40K | 2022 |
| The Barnes FoundationGENERAL SUPPORT | Philadelphia, PA | $23K | 2022 |
| Whitney Museum Of American ArtGENERAL SUPPORT | New York, NY | $15K | 2022 |
| Noguchi MuseumGENERAL SUPPORT | Long Island City, NY | $10K | 2022 |
| Trustees Of The University Of Pennsylvania - Penn MedicineGENERAL SUPPORT | Philadelphia, PA | $10K | 2022 |
| Virginia Museum Of Fine Arts FoundationGENERAL SUPPORT | Richmond, VA | $10K | 2022 |
| Brooklyn RailGENERAL SUPPORT | Brooklyn, NY | $10K | 2022 |
| Carnegie Museum Of ArtGENERAL SUPPORT | Pittsburgh, PA | $10K | 2022 |
| Dia Art FoundationGENERAL SUPPORT | New York, NY | $10K | 2022 |
| Institute Of Contemporary Art - Univ Of PaGENERAL SUPPORT | Philadelphia, PA | $5K | 2022 |
| Princeton ArtGENERAL SUPPORT | Princeton, NJ | $200K | 2021 |
| Metropolitan Museum Of ArtGENERAL SUPPORT | New York, NY | $65K | 2021 |
| Moore College Of Art And DesignGENERAL SUPPORT | Philadelphia, PA | $50K | 2021 |
| Moore College Of Art & DesignGENERAL SUPPORT | Philadelphia, PA | $50K | 2021 |
| Krannert Art MuseumGENERAL SUPPORT | Champaign, IL | $10K | 2021 |
| Temple University Health System Inc - Burn CenterGENERAL SUPPORT | Philadelphia, PA | $10K | 2021 |
| Penn MedicineGENERAL SUPPORT | Philadelphia, PA | $10K | 2021 |
| Temple Burn CenterGENERAL SUPPORT | Philadelphia, PA | $10K | 2021 |
| Pennsylvania Academy Of Fine ArtsGENERAL SUPPORT | Philadelphia, PA | $10K | 2021 |
| University Of Illinois Foundation - Krannert Art MuseumGENERAL SUPPORT | Urbana, IL | $10K | 2021 |