EIN 23-1686634

Lehigh Valley Community Foundation

IRS 501(c) type
501(c)(3)
Num. employees
13
Year formed
1967
Most recent tax filings
2023-06-01
NTEE code, primary
Description
The Lehigh Valley Community Foundation develops, manages, and distributes philanthropic donations from a variety of donors to improve the quality of life for residents of the Lehigh Valley. During fiscal year 2022, the Foundation made 762 grants totaling over $6.8 million to over 375 non-profit organizations to meet a wide range of community needs.
Total revenues
$10,497,114
2023
Total expenses
$8,875,550
2023
Total assets
$77,175,197
2023
Num. employees
13
2023

Program areas at Lehigh Valley Community Foundation

During fiscal year 2023, the Foundation made 780 grants totaling $7.2 million. Over 395 non-profit organizations received grants to meet a wide range of needs in the Community. See continuation on schedule othe Foundation continued to focus on nurturing place-based philanthropy and growing as a Community leader and to provide support in three foundation-directed grant areas (capacity building, high-quality, accessible childcare and art, culture and creative economy).in the area of capacity building, the Foundation launched the core fellowship program, a two-year capacity building process designed to bring Lehigh Valley nonprofit leaders together to center equity in themselves, their relationships, their organizations, and the sector. The 2022-2024 cohort included 15 fellows from 8 organizations, as well as 5 systems-stakeholders (representing the business and government sectors) during the inaugural year of this immersive fellowship experience. Organizations and fellows receive general operating funding, participate in nearly 50 hours of cohort convening over two years, receive five hours of individual leadership coaching, and participate in an organizational equity discovery process to assess the organization in how to best build capacity to become more equitable, resulting in an individualized organizatonal road-map for how to do the work in the area of youth and families, the Foundation granted nearly $200,000 of general operating grants to area non-profits that are working towards providing high-quality, accessible childcare.the Foundation is a regional partner agency of the Pennsylvania council on the arts (pca) and distributes grant awards for projects or programs involving artists throughout carbon, monroe, Lehigh and northampton counties. Through the partnership, the Foundation is assisting the pca with its goal to promote equitable access for all pennsylvanians to participate fully in a creative life and in the diverse forms of arts and culture in the commonwealth. In fiscal year 2023, the Foundation made $72,000 of program stream/entry to program stream grants to 30 organizations and $43,944 of grants to 22 small local businesses through the creative entrepreneur accelerator program.in addition to foundation-directed grantmaking and Community efforts, the Foundation offers a variety of philanthropic giving opportunities to multiple types of donors and makes grants to a wide variety of charitable organizations throughout the region. In order to connect donors with causes that matter to them, the Foundation continues to promote collaboration in the Community and to serve as a center of expertise regarding charitable giving and Community knowledge. The Foundation's Community knowledge and expertise is continually enhanced through several ongoing efforts. These efforts include: meetings with leadership of charitable organizations to help gather important information about the variety and quality of charitable causes and needs across the region; participation in Community initiatives; hosting events and convening community-wide discussions about philanthropy and cross-sector information gathering; and working with area grantmaking organizations to assess Community needs and develop ways to work collegially as grantmakers in the Community.

Grants made by Lehigh Valley Community Foundation

GranteeGrant descriptionAmount
Lehigh Valley HospitalHealth Care$1,133,038
Mass Insight Education (MIE)Educational$820,000
United Way of the Greater Lehigh ValleyCommunity Development$494,560
...and 128 more grants made totalling $6,178,232

Who funds Lehigh Valley Community Foundation

Grants from foundations and other nonprofits
GrantmakerDescriptionAmount
Century Fund TrustCharitable$3,500,000
The Gadomski FoundationOperating Grant - Gadomski Fund$630,000
Fidelity Investments Charitable Gift FundFor Grant Recipient's Exempt Purposes$143,674
...and 9 more grants received

Personnel at Lehigh Valley Community Foundation

NameTitleCompensation
Erika Riddle PetrozelliPresident and Chief Executive Officer$133,859
Trisha HigginsExecutive Vice President and Chief Financial Officer$116,533
Megan BriggsVice President of Community
Michael WilsonDirector of Communications
Carrie Krug NedickDirector of Donor Services
...and 11 more key personnel

Financials for Lehigh Valley Community Foundation

RevenuesFYE 06/2023
Total grants, contributions, etc.$8,660,450
Program services$6,904
Investment income and dividends$2,080,351
Tax-exempt bond proceeds$0
Royalty revenue$0
Net rental income$0
Net gain from sale of non-inventory assets$-253,151
Net income from fundraising events$0
Net income from gaming activities$0
Net income from sales of inventory$0
Miscellaneous revenues$2,560
Total revenues$10,497,114

Form 990s for Lehigh Valley Community Foundation

Fiscal year endingDate received by IRSFormPDF link
2023-062024-05-15990View PDF
2022-062023-05-11990View PDF
2021-062022-05-12990View PDF
2020-062021-05-20990View PDF
2019-062020-10-07990View PDF
...and 8 more Form 990s
Data update history
August 13, 2024
Posted financials
Added Form 990 for fiscal year 2023
July 15, 2024
Received grants
Identified 5 new grant, including a grant for $630,000 from The Gadomski Foundation
July 14, 2024
Used new vendors
Identified 1 new vendor, including
January 29, 2024
Updated personnel
Identified 7 new personnel
January 3, 2024
Received grants
Identified 2 new grant, including a grant for $5,000 from The Brown-Daub Foundation
Nonprofit Types
Grantmaking organizationsCommunity foundationsCharities
Issues
Community improvement
Characteristics
Operates donor advised fundsProvides grantsReceives government fundingEndowed supportProvides scholarshipsTax deductible donationsAccepts online donations
General information
Address
840 W Hamilton St Suite 310
Allentown, PA 18101
Metro area
Allentown-Bethlehem-Easton, PA-NJ
County
Lehigh County, PA
Website URL
lehighvalleyfoundation.org/ 
Phone
(610) 351-5353
Facebook page
LVCFoundation 
Twitter profile
@lvcfoundation 
IRS details
EIN
23-1686634
Fiscal year end
June
Taxreturn type
Form 990
Year formed
1967
Eligible to receive tax-deductible contributions (Pub 78)
Yes
Categorization
NTEE code, primary
T31: Community Foundations
NAICS code, primary
813211: Grantmaking Foundations
Parent/child status
Independent
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