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Filing year 2023

LOCKS FOUNDATION

Fisher Island, Florida·EIN 22-2709744·NTEE T20 · Philanthropy, Voluntarism & Grantmaking Foundations·501(c)(3)

* Sector derived from filing type (Form 990-PF), not IRS-assigned

Total revenue
$1.6M
Total assets
$7.1M
Total expenses
$419k
Reported officers
2

Reported officers (all unpaid)

No paid executives reported in 2023. LOCKS FOUNDATION reported 2 unpaid officers and board members on its 990-PF.

President
Sect./treas

Grants paid

Itemized grants reported on this foundation's 2023 Form 990-PF, Part XV.

Total granted

$400k

Itemized grants

5

Median grant

$30k

RecipientLocationPurposeAmount
THE TRUSTEES OF PRINCETON UNIVERSITY - PRINCETON ART MUSEUMPRINCETON, NJGENERAL SUPPORT$300k
METROPOLITAN MUSEUM OF ARTNEW YORK, NYGENERAL SUPPORT$30k
PHILADELPHIA MUSEUM OF ARTPHILADELPHIA, PAGENERAL SUPPORT$30k
WHITNEY MUSEUM OF AMERICAN ARTNEW YORK, NYGENERAL SUPPORT$30k
THE BARNES FOUNDATIONPHILADELPHIA, PAGENERAL SUPPORT$10k
Compare this foundation's grantees
Financial trend

Revenue and expenses over time

LOCKS FOUNDATION reported revenue and expenses across 2 filing years.

RevenueExpenses
$836
$309k
2022
$1.6M
$419k
2023
Total revenue and total expenses from IRS Form 990 filings.

This is a private foundation. Peers are foundations of similar asset size ($1M - $10M), because foundation pay scales with assets under management, not revenue.

Sector benchmark

What Philanthropy, Voluntarism & Grantmaking executives earn in Florida

LOCKS FOUNDATION reported no executive compensation in its latest filing. For context, the highest-paid executive at a comparable philanthropy, voluntarism & grantmaking organization in Florida earns a median of $18,656.

25th percentile
$8k
Median
$18,656
75th percentile
$60k
90th percentile
$150k

These are philanthropy, voluntarism & grantmaking sector-wide figures, not this organization's reported pay. Based on 1,989 organizations across 1,989 filings (2021 – 2024).

See full Philanthropy, Voluntarism & Grantmaking pay data for Florida
FAQ

Common questions about LOCKS FOUNDATION

What are LOCKS FOUNDATION's revenue and expenses?

In 2023, LOCKS FOUNDATION reported $1.6M in total revenue and $419k in total expenses on its IRS Form 990.

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This is a private foundation. Peers are foundations of similar asset size ($1M - $10M), because foundation pay scales with assets under management, not revenue.