Lincoln Financial Foundation Inc
Lincoln Financial Foundation Inc is a private, company-sponsored operating foundation established in 1962 in Indiana. Based in Radnor, Pennsylvania, the foundation supports nonprofit organizations through grantmaking focused on arts, education, human services, and workforce development.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$6.2M
+51.8% YoY
Annual Giving
$8.3M
-5.5% YoY
Grant Count
2,479
+10.3% YoY
Avg Grant Size
$3K
-14.3% YoY
Under IRS private-foundation payout rules, Lincoln Financial Foundation Inc reported a distributable amount of $217K for 2024 — the minimum it must pay out in qualifying distributions.
Mission & Focus Areas
The foundation supports programs designed to promote:
- The arts
- Youth education
- Human services
- Workforce and economic development
Grantmaking
Grantees must be 501(c)(3) organizations located in or near communities where the foundation has operations.
Grant Range
Up to $270,000
Average Grant
$4,000
Review Cycle
by Category:**
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Geographic Focus
Where this funder awards grants
The foundation primarily funds organizations in:
- Indiana
- North Carolina
- Pennsylvania
These three states account for 33% of all grants. Grantmaking reaches organizations across all 50 states.
Grant Distribution by State
States
Cities
Financial History
Multi-year comparison from IRS filings
Current Financial Position (2024):
- Total Assets: $6.19 million
- Total Revenue: $10.9 million
- Total Expenses: $8.51 million
- Total Liabilities: $2.2 million
Historical Asset Trend: Assets have decreased from $6.7 million in 2011 to $4.1 million in 2023, with a recovery to $6.2 million by 2024.
Tax Status: Tax-exempt since June 1963 (EIN: 35-6042099). Contributions to the foundation are tax-deductible.
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $6,187,717 | $4,076,873 | $6,273,042 |
| Revenue | $10,856,675 | $6,609,955 | $8,380,887 |
| Expenses | $8,511,082 | $8,919,332 | $8,136,578 |
| Qualifying Distributions | $8,321,589 | $8,810,026 | $8,438,850 |
| Net Investment Income | $145,190 | $103,064 | $71,699 |
| Distributable Amount | $216,547 | $237,675 | $248,713 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 10 recipients in 2024
Grant Size Distribution
250 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include United Arts Council of Greater Greensboro Inc ($47,500), Arts United of Greater Fort Wayne ($40,000), Boys Girls Club of Central New Hampshire Inc ($35,000).
| Recipient | Purpose | Amount |
|---|---|---|
| THE CONCORD COMMUNITY MUSIC SCHOOL Concord, NH | Arts | $10,000 |
| WADSWORTH ATHENEUM MUSEUM OF ART Hartford, CT | Arts | $15,000 |
| HARTFORD SYMPHONY ORCHESTRA INC Hartford, CT | Arts | $20,000 |
| HORACE BUSHNELL MEMORIAL HALL CORPORATION Hartford, CT | Arts | $20,000 |
| PHILADELPHIA MURAL ARTS ADVOCATES Philadelphia, PA | Arts | $22,500 |
| ROYAL EXPRESSIONS CONTEMPORARY BALLET Greensboro, NC | Arts | $5,000 |
| COMMUNITY THEATRE OF GREENSBORO INC GREENSBORO, NC | Arts | $7,500 |
| NORTH CAROLINA FOLK FESTIVAL GREENSBORO, NC | Arts | $12,000 |
| FORT WAYNE MUSEUM OF ART INC Fort Wayne, IN | Arts | $25,000 |
| JOSLYN ART MUSEUM OMAHA, NE | Arts | $12,750 |
Leadership & Key People
Leadership team and compensation from IRS filings
- Ashley Westropp - Principal Officer
- Allison Green Johnson - Director and Chief Executive Officer, President
- Meghan Wright - Executive Director
- Matthew Arnold - Vice President
The foundation is governed by 15 officers and trustees.
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| Craig T Beazer | Director | — | — |
| Allison Green Johnson | Director / CEO, President | — | — |
| Sean N Woodroffe | Director, Chairman | — | — |
| Kenneth S Solon | Director | — | — |
| Jayson R Bronchetti | Director | — | — |
| Christopher M Neczypor | Director | — | — |
| Sharon M Jeffers | Secretary | — | — |
| Meghan Wright | Executive Director | — | — |
| Hitesh R Dayal | Assistant Treasurer | — | — |
| Michael R Przyborski | Assistant Treasurer | — | — |
| Christopher M Reed | Assistant Treasurer | — | — |
| Sarah J Rice | Assistant Treasurer | — | — |
| Nancy A Smith | Assistant Secretary | — | — |
| Adam M Cohen | Treasurer | — | — |
Recent News & Activity
Recent developments and announcements
The foundation has announced multiple grant initiatives in recent years:
Lincoln Financial Foundation awards $30,000 grant to help people with disabilitiesAwarded $30,000 to support people with disabilities
Lincoln Financial Foundation awards $30,000 grant to help people with disabilitiesDistributed more than $1.4 million in grants to Fort Wayne, Indiana nonprofits
Lincoln Financial Foundation Awards More than $1.4 Million in Grants to FortProvided education grants to Philadelphia nonprofits
Lincoln Financial Foundation Strengthens Education with Grants to PhiladelphiaAwarded more than $155,000 in education grants to Concord, New Hampshire nonprofits
Lincoln Financial Foundation Strengthens Education with Grants to PhiladelphiaFrequently Asked Questions
What does Lincoln Financial Foundation Inc fund?
The foundation supports programs designed to promote: • The arts • Youth education • Human services • Workforce and economic development
How do I apply for a grant from Lincoln Financial Foundation Inc?
**Grant Characteristics:** • Median grant: $209 • Average grant: $4,000 • Grant range: Up to $270,000 • Historical total: 4,684 grants totaling $16.9 million to 1,323 unique organizations **Application Deadlines by Category:** • Arts: January • United Way: January • Human Services: April • Education: July • Workforce/Economic Development: (deadline information incomplete in sources) **Eligibility Requirements:** Grantees must be 501(c)(3) organizations located in or near communities where the f…
Where does Lincoln Financial Foundation Inc make grants?
The foundation primarily funds organizations in: • Indiana • North Carolina • Pennsylvania These three states account for 33% of all grants. Grantmaking reaches organizations across all 50 states.
What size grants does Lincoln Financial Foundation Inc award?
In 2024, Lincoln Financial Foundation Inc awarded 2,479 grants totaling $8.3M — an average of about $3K per grant, based on its IRS Form 990 filings.
How much is Lincoln Financial Foundation Inc required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, Lincoln Financial Foundation Inc reported a distributable amount of $217K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is Lincoln Financial Foundation Inc's EIN?
Lincoln Financial Foundation Inc's EIN (Employer Identification Number) is 35-6042099. IRS Form 990 filing data is available on this page for 2020–2024.
Explore Open Grants
Browse active grant opportunities in Lincoln Financial Foundation Inc's focus areas in our free grants database
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Data last updated June 2026. Sourced from IRS Form 990-PF filings. Research dossier generated April 2026.
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