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. 45 publicly reported grants to this organization, totaling roughly $4.6M, appear in IRS filings.

EIN: 561987315 CHARLOTTE, NC Historical Societies & Historic Preservation NTEE: A82 Latest filing: 2024
Total Revenue$6.5M
Total Expenses$6.9M
Total Assets$26.9M
Grant Records45
Funding Total$4.6M
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.

Where $100 goes at The Lynnwood Foundation

How The Lynnwood Foundation divides every $100 it spends, from its own Form 990 filings, averaged across 7 years.

$81 Programs the work itself
$11 Management running the organization
$8 Fundraising raising the next dollar

Inside the $81 for programs

$71
Duke mansion
88% of program spending
$10
Lee institute
12% of program spending
Share on LinkedIn Share on Facebook
Add this to your website

Source: Form 990 filings with the IRS, latest fiscal year 2024. Shares are from the organization's reported expenses. Data by Imperigo; not affiliated with the IRS.

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

General Support
$4,301,442 36 grants
Arts & Culture
$261,000 7 grants
Education
$6,550 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.

See the full picture for THE LYNNWOOD FOUNDATION

Complete financials, all 45 grant records, officer compensation, year-over-year trend charts, a geographic grant map, and data exports — across 880,000+ organizations.

Full Financial History Complete Grant Activity Officer Compensation Year-over-Year Charts Geographic Grant Map Data Exports
7-day free trial Cancel any time