EIN 27-0136524

Michael and Louise Lynch Charitable Foundation

IRS 501(c) type
501(c)(3)
Num. employees
0
Year formed
2006
Most recent tax filings
2023-12-01
NTEE code, primary
Description
The Michael and Louise Lynch Charitable Foundation is a private foundation located in Hilton Head Island, SC. It primarily funds general support for various grantees, including The Independence Fund and others. The foundation's purpose is to invest its assets in securities and obtain a reasonable amount of return relative to the amount of risk. Securities are traded in order to re-balance the portfolio. Last year, it made 16 grants.
Total revenues
$265,340
2023
Total expenses
$40,761
2023
Total assets
$1,134,100
2023
Num. employees
0
2023

Program areas at Michael and Louise Lynch Charitable Foundation

Assets are invested to obtain a reasonable amount of return relative to the amount of risk.
Securities are traded in order to retain a portfolio that returns a reasonable rate of return relative to the amount of risk.

Grants made by Michael and Louise Lynch Charitable Foundation

GranteeGrant descriptionAmount
St Jude Children's Research HospitalGeneral Support$5,000
Hilton Head Humane Association (HHHA)General Support$5,000
The Michael J. Fox Foundation for Parkinsons ResearchGeneral Support$5,000
...and 6 more grants made

Personnel at Michael and Louise Lynch Charitable Foundation

NameTitleCompensation
Michael LynchDirector$0

Financials for Michael and Louise Lynch Charitable Foundation

RevenuesFYE 12/2023
Total grants, contributions, etc.$142,400
Investment income and dividends$35,610
Net rental income$0
Net gain from sale of non-inventory assets$87,330
Gross sales of inventory$0
Miscellaneous revenues$0
Total revenues$265,340

Form 990s for Michael and Louise Lynch Charitable Foundation

Fiscal year endingDate received by IRSFormPDF link
2023-122024-06-24990PFView PDF
2022-122023-10-09990PFView PDF
2021-122022-10-25990PFView PDF
2020-122021-09-30990PFView PDF
2019-122020-10-15990PRView PDF
...and 8 more Form 990s
Data update history
November 28, 2023
Posted financials
Added Form 990PF for fiscal year 2022
November 25, 2023
Posted financials
Added Form 990PF for fiscal year 2021
June 29, 2023
Posted financials
Added Form 990PF for fiscal year 2020
August 18, 2021
Posted financials
Added Form 990R for fiscal year 2019
November 30, 2019
Posted financials
Added Form 990PF for fiscal year 2018
Nonprofit Types
Grantmaking organizationsPrivate foundationsPrivate non-operating foundationsCharities
Issues
No issues found
Characteristics
Provides grantsPartially liquidatedState / local levelTax deductible donationsNo full-time employees
General information
Address
13 Brigantine
Hilton Head Island, SC 29928
Metro area
Hilton Head Island-Bluffton, SC
County
Beaufort County, SC
Phone
(843) 785-5336
IRS details
EIN
27-0136524
Fiscal year end
December
Taxreturn type
Form 990-PF
Year formed
2006
Eligible to receive tax-deductible contributions (Pub 78)
Yes
Categorization
NTEE code, primary
T20: Private Foundations
NAICS code, primary
813211: Grantmaking Foundations
Parent/child status
Independent
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