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Long Arc Foundation is a private corporation based in WILMINGTON, DE. The foundation received its IRS ruling in 2022. The principal officer is Foundation Source. It holds total assets of $1.4M. Annual income is reported at $1M. Total assets have decreased from $852K in 2021 to $663K in 2023. The foundation is governed by 2 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 2021 to 2023. According to available records, Long Arc Foundation has made 11 grants totaling $115K, with a median grant of $10K. Annual giving has grown from $30K in 2021 to $55K in 2023. Individual grants have ranged from $1K to $21K, with an average award of $10K. The foundation has supported 7 unique organizations. The foundation primarily supports organizations in New Jersey, New York, Georgia, which account for 73% of all grants. Grantmaking reaches organizations across 4 states. Contributions to this foundation are tax-deductible.
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.
Long Arc Foundation primarily funds organizations in the area of philanthropy & grantmaking. Based on available records, the foundation has funded 11 grants. Its grantmaking reaches organizations primarily in NJ, NY, GA.
Long Arc Foundation has distributed a total of $115K across 11 grants. The median grant size is $10K, with an average of $10K. Individual grants have ranged from $1K to $21K.
Long Arc Foundation typically selects its grantees rather than accepting unsolicited proposals.
Long Arc Foundation is headquartered in WILMINGTON, DE. While based in DE, the foundation distributes grants to organizations across 4 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Danisha Patel | Dir, Pres, Sec, Treas | $0 | $0 | N/A |
| Manish Patel | Dir | $0 | $0 | N/A |
Total Giving
$66K
Total Assets
$663K
Fair Market Value
$923K
Net Worth
$663K
Grants Paid
$55K
Contributions
N/A
Net Investment Income
$830
Distribution Amount
$39K
Total Grants
11
Total Giving
$115K
Average Grant
$10K
Median Grant
$10K
Unique Recipients
7
Most Common Grant
$10K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Myriad Usa IncFunds for Hilltop Schools in Liberia | New York, NY | $21K | 2023 |
| Clarkston Community Health IncGeneral & Unrestricted | Clarkston, GA | $18K | 2023 |
| Meeting Essential Needs With Dignity IncGeneral & Unrestricted | Maplewood, NJ | $10K | 2023 |
| United Way Of Greater Philadelphia And Southern NeSVP (Social Venture Partners) of Philadelphia | Philadeplhia, PA | $5K | 2023 |
| Community Foundation Of New JerseyCommunity Foundation of South Jersey Area Fund & Nonprofit Professional of Color Collective run by Tyneisha Gibbs | Morristown, NJ | $1K | 2023 |
| Sierra HouseGeneral & Unrestricted | East Orange, NJ | $10K | 2022 |
| New Jersey Seeds IncGeneral & Unrestricted | Newark, NJ | $17K | 2021 |