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Nonprofit · EIN 27-4171978

LPL FINANCIAL FOUNDATION INC

Tax-exempt · BOSTON, MA 02108

Financials

$3.6M$3M2023$3.3M$3.1M2024
Revenue Expenses · by fiscal year end
Financials of LPL FINANCIAL FOUNDATION INC by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990-PF$3,337,214$3,128,181$209,033$7,786,256$0$7,786,256
December 31, 2023990-PF$3,559,025$3,001,915$557,110$7,406,176$0$7,406,176
Financial details: 990-PF for the year ended December 31, 2024

Revenue

Contributions, gifts and grants
$3,111,808
Interest
$225,406

Expenses

Grants and similar amounts paid
$2,332,606
Disbursements for charitable purposes
$2,343,106
Excise tax on investment income
$1,913

Balance sheet and other

Total assets, start of year
$7,406,176
Total assets, end of year
$7,786,256
Total liabilities, end of year
$0
Net assets, end of year
$7,786,256
Fair market value of assets
$7,786,256
Qualifying distributions
$2,343,106
Net investment income
$225,406

From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.

Officers, directors and key employees

As listed on the 990-PF for the year ended December 31, 2024, highest compensation first.

NameTitleHours / weekCompensation
Sara Dadyar
201 Washington Street Suite 300, Boston, MA 02108
Member Designee1$0
Melissa Buchanan
201 Washington Street Suite 300, Boston, MA 02108
President1$0
Vance Kirksey
201 Washington Street Suite 300, Boston, MA 02108
Board Chair1$0
Brent Simonich
201 Washington Street Suite 300, Boston, MA 02108
Treasurer1$0
Tom Zgliniec
201 Washington Street Suite 300, Boston, MA 02108
Treasurer1$0
Taylor Denson
201 Washington Street Suite 300, Boston, MA 02108
Clerk1$0
Leslie Dunham
201 Washington Street Suite 300, Boston, MA 02108
Director1$0
Julian Lopez
201 Washington Street Suite 300, Boston, MA 02108
Director1$0
Anne Howard
201 Washington Street Suite 300, Boston, MA 02108
Director1$0
Marc Potash
201 Washington Street Suite 300, Boston, MA 02108
Director1$0
990-PF for the year ended December 31, 2023: 13 people
NameTitleHours / weekCompensation
Tim Carter
75 State Street 22nd Floor, Boston, MA 02109
President1$0
Taylor Denson
75 State Street 22nd Floor, Boston, MA 02109
Assistant Clerk1$0
Leslie Dunham
75 State Street 22nd Floor, Boston, MA 02109
Director1$0
Risa Fitzgerald
75 State Street 22nd Floor, Boston, MA 02109
Director1$0
Anne Howard
75 State Street 22nd Floor, Boston, MA 02109
Director1$0
Sallie Larsen
75 State Street 22nd Floor, Boston, MA 02109
Member Designee1$0
Matthew Morningstar
75 State Street 22nd Floor, Boston, MA 02109
Clerk1$0
Ane Perez
75 State Street 22nd Floor, Boston, MA 02109
Director1$0
Judy Ricketts
75 State Street 22nd Floor, Boston, MA 02109
Director1$0
Brent Simonich
75 State Street 22nd Floor, Boston, MA 02109
Treasurer1$0
Kimberly Sweet
75 State Street 22nd Floor, Boston, MA 02109
Director1$0
Cheryl Trinidad
75 State Street 22nd Floor, Boston, MA 02109
Director1$0
Thomas Zgliniec
75 State Street 22nd Floor, Boston, MA 02109
Treasurer1$0

Address and contacts

Address (IRS master file)
201 WASHINGTON STREET SUITE 300, BOSTON, MA 02108-4414
Signed the 990-PF
Marc Potash, Treasurer
Phone
(704) 733-3824
Return prepared by
Forvis Mazars LLP

What it must file and when

IRS records say it files Form 990-PF. Private foundations file every year. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025December 31, 2025May 15, 2026Not on file
2024December 31, 2024May 15, 2025990-PF on file
2023December 31, 2023May 15, 2024990-PF on file

IRS record

EIN
27-4171978
Tax-exempt status
501(c)(3): Charitable, religious, educational or scientific organization
Foundation status
Private non-operating foundation
Donations deductible (Pub 78)
Private foundation, 30% limit
Exempt since
2011
Accounting year ends
December
Files
Form 990-PF
Assets (IRS master file)
$7,786,256
Income (IRS master file)
$3,337,214

Filing history

FormYear endedRevenueExpensesAssetsReturn
990-PFDecember 2024$3,337,214$3,128,181$7,786,256IRS
990-PFDecember 2023$3,559,025$3,001,915$7,406,176XML
990-PFDecember 2022–––IRS
990-PFDecember 2021–––IRS
990-PFDecember 2020–––IRS

990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 27-4171978).

Questions about LPL FINANCIAL FOUNDATION INC

What is the EIN of LPL FINANCIAL FOUNDATION INC?
The employer identification number (EIN) of LPL FINANCIAL FOUNDATION INC is 27-4171978.
Is LPL FINANCIAL FOUNDATION INC tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2011.
Are donations to LPL FINANCIAL FOUNDATION INC tax-deductible?
Yes. It is listed in IRS Publication 78 (Private foundation, 30% limit).
Which annual return does LPL FINANCIAL FOUNDATION INC file?
Form 990-PF. Private foundations file every year.
When is the next return of LPL FINANCIAL FOUNDATION INC due?
The return for tax year 2025 (the year ending December 31, 2025) is due May 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
When did LPL FINANCIAL FOUNDATION INC last file with the IRS?
The latest return in the IRS public files is the 990-PF for the year ended December 2024.
Who are the officers and directors of LPL FINANCIAL FOUNDATION INC?
The 990-PF for the year ended December 31, 2024 lists 10 people; 0 received compensation from the organization.
How much revenue does LPL FINANCIAL FOUNDATION INC have?
On its 990-PF for the year ended December 31, 2024 it reported revenue of $3,337,214, expenses of $3,128,181 and total assets of $7,786,256 at year end.

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