NonprofitsLesher Family Foundation

Public Foundations

Lesher Family Foundation

ROCKPORT, ME

Total revenue

$4.9M

Total expenses

$1.7M

Net assets

$40.4M

Grants received

EIN

871858339

Tax year

2023

Mission

The lesher family foundation's mission is to empower people to take an active role in positively shaping where and how they live. Lff supports the development of dynamic, resilient communities by funding organizations and initiatives that strengthen place-based identity, purpose, and opportunity.

Programs

3 programs

Res public park development and conservancy; the foundation is leading the multi-year development of a new public park on the former rockport elementary school site in rockport, maine. This includes funding park design, construction, and programming; facilitating public engagement; and establishing a conservancy to ensure long-term maintenance and community stewardship. The foundation has committed $3 million toward the park's capital costs and manages ongoing planning and implementation

Expenses: $158K

Barnswallow books community programming (two locations)the foundation operates two nonprofit bookstores under the barnswallow books name to promote literary culture and revitalize small-town main streets. In addition to selling books, the stores host free, public programming such as author readings, children's events, and writing workshops. The spaces also serve as gathering places for civic and cultural dialogue. Bookstore operations are mission-aligned and fully owned by the foundation.

Expenses: $114K

Land stewardship

Expenses: $503KGrants: $503K

Financials

FY 2023

Revenue

Contributions & grants$10K
Program service revenue$363K
Investment income$4.5M
Other revenue
Total revenue$4.9M

Expenses

Grants paid$525K
Salaries & benefits$559K
Fundraising
Other expenses$637K
Total expenses$1.7M
Total assets$40.4M
Net assets$40.4M

People

7 listed

NameRoleCompensation

NICHOLAS LESHER

SECRETARY/INTERIM DIRECTOR

Board

$18K

5 hrs/wk

LINDA LESHER

VICE PRESIDENT

Board

10 hrs/wk

J GRIFFIN LESHER

PRESIDENT

Board

1 hrs/wk

MEREDITH K LESHER

MEMBER

Board

1 hrs/wk

RACHEL E LESHER

MEMBER

Board

1 hrs/wk

JUSTIN LESHER

TREASURER AND INT EXECUTIV

Board

21 hrs/wk

DOMINIC PEPPER

EXECUTIVE DIRECTOR

Staff

$186K

40 hrs/wk

Independent contractors

ROCKEFELLER CAPITAL MANAGEMENT

INVESTMENT MANAGEMENT

$138K

Details

EIN871858339
NTEE codeT30
Subsection03
Ruling date2022-04
Formed2022
Employees2
Volunteers51
LESHER FAMILY FOUNDATION — Mission, Financials & Grants Received | Grantivo