Public Charity

THE LYNNWOOD FOUNDATION

THE LYNNWOOD FOUNDATION, of CHARLOTTE, NC, is a Public Charity tracked in Imperigo's IRS 990 database. The 2024 filing shows $6.5M in revenue, $6.9M in expenses, $26.9M in total assets. 43 publicly reported grants to this organization, totaling roughly $4.5M, appear in IRS filings.

EIN: 561987315 CHARLOTTE, NC Latest filing: 2024
Total Revenue$6.5M
Total Expenses$6.9M
Total Assets$26.9M
Grant Records43
Funding Total$4.5M
Filing Years2019–2024

Mission

THE LYNNWOOD FOUNDATION, A NONPROFIT ORGANIZATION ESTABLISHED IN 1996, HAS A TWOFOLD MISSION: TO PRESERVE AND CARE FOR DUKE MANSION, A NATIONAL HISTORIC SITE, AND OPERATE LEE INSTITUTE. WE PRESERVE DUKE MANSION AS A NONPROFIT HISTORIC INN, GARDENS AND MEETING PLACE MAKING IT ACCESSIBLE TO THE COMMUNITY AND SHOWCASING ITS HISTORY. LEE INSTITUTE BUILDS AND TRANSFORMS COMMUNITY BY STRENGTHENING NONPROFITS, EMPOWERING LEADERS AND ENGAGING PEOPLE.

Officers & Directors

CFO Angel Adams
DIRECTOR Armando Chardiet
DIRECTOR Ben Benson
DIRECTOR Betsy Conway
DIRECTOR Beverly Allen
DIRECTOR Charlie Welch

Officer compensation and complete director data available with membership.

Top Grant Purposes

CHARITABLE GIFT
$3,679,085 16 grants
For grant recipient's exempt purposes
$336,925 9 grants
GENERAL SUPPORT
$184,048 5 grants
ARTS, CULTURE & HUMANITIES
$173,500 5 grants
ARTS AND CULTURE
$75,000 1 grant

Financial Trends

Year Revenue Expenses Assets
2024 $6.5M $6.9M $26.9M
2023 $5.3M $6.2M $25.4M
2022 $6.4M $5.9M $24.3M
2020 $2.6M $3.7M $18.8M
2019 $5.1M $5.6M $18.7M

Between 2019 and 2024, reported annual revenue grew from $5.1M to $6.5M (+26%), with total assets most recently reported at $26.9M.

Interactive year-over-year charts and full filing details available with membership.

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