THE EVELYN LILLY LUTZ FOUNDATION Charity Report

Public IRS 990 nonprofit record

THE EVELYN LILLY LUTZ FOUNDATION

EIN 04-2103885 · Named Trusts N.E.C. (T90)

What they do

THE FOUNDATION is ENGAGED IN SUPPORTING and ENCOURAGING MEDICAL RESEARCH and CONTINUING EDUCATION IN CONNECTION WITH BEVERLY HOSPITAL, MASSACHUSETTS.

Before you give

Should I give to this charity?

Easy charity check

Look at where the money went

Of every $100 spent, about $98.80 was reported for mission work. Use the spending picture below and ask what results that work produced.

Plain answer: A tax form cannot prove that a charity is doing good. It can show how the charity says it spent its money—and point out questions you should ask.

Basic facts we verified

IRS warning checkNo IRS revocation warning appears in this data.

Money report from 2024The charity has a recent tax report to read.

They explain their jobThe charity tells us what it is trying to do.

They name their leaders33 people are listed in the latest report.

You can reach themThey list contact information, so you can ask questions.

Money made simple

122.61%of revenue went to mission work98.8% of expenses · Program services

$124.12spent for every $100 of revenueSpending was higher than revenue this year.

1.51%of revenue went to management and office costs1.2% of expenses

$12.91in assets for every $1 spent this yearSome assets cannot be spent right away.

Ask these three easy questions

Who did you help? Ask for a recent story or report that shows real results.
What will my money do? Ask exactly what your gift will pay for.
Is this really the charity? Give only through its official website or confirmed phone number.

Worth asking: Expenses exceeded revenue by $203,165 this year. Ask whether that was planned or caused by a one-time event.

Bottom line: Do not decide from a name, mission statement, or tax status alone. Look at where the money went, then ask what changed, who was helped, and what your gift will do. YouCanGiveBack does not endorse or grade organizations.

Money

Financial picture

Tax year 2024

A plain-language look at the latest Form 990 figures available. These numbers help you ask better questions; they do not, by themselves, rate whether a charity is good or bad.

$100revenue

How each $100 of revenue was used

The large number compares each expense with revenue. The smaller number shows its share of total expenses.

Total reported revenue$842,146

Mission workProgram services$1,032,573122.61% of revenue98.8% of expenses

ManagementOffice and general costs$12,7381.51% of revenue1.2% of expenses

FundraisingAsking for donations0.00% of revenue0.0% of expenses

Total expenses$1,045,311124.12% of revenue

Expenses were greater than revenue, so the colored ring fills the available $100 and the total above 100% is shown below.

Has the pattern changed?

Colored bars = expense mix: how each year’s expenses were divided. Total expenses vs. revenue shows whether the charity spent less or more than it received. The current filing is first.

YearExpense mixDetails

2024CurrentExpense mix: 98.8% mission · 1.2% management · 0.0% fundraisingTotal expenses: 124.12% of revenue

2023Expense mix: 84.2% mission · 15.8% management · 0.0% fundraisingTotal expenses: 86.15% of revenue

2022Expense mix: 70.4% mission · 29.6% management · 0.0% fundraisingTotal expenses: 80.01% of revenue

2021Expense mix: 87.9% mission · 12.1% management · 0.0% fundraisingTotal expenses: 81.44% of revenue

2020Expense mix: 74.0% mission · 26.0% management · 0.0% fundraisingTotal expenses: 57.37% of revenue

2018Expense mix: 86.7% mission · 13.3% management · 0.0% fundraisingTotal expenses: 20.28% of revenue

2017Expense mix: 91.3% mission · 8.7% management · 0.0% fundraisingTotal expenses: 168.60% of revenue

2016Expense mix: 82.6% mission · 17.4% management · 0.0% fundraisingTotal expenses: 112.19% of revenue

Money in and money out

Revenue$842,146

Expenses$1,045,311

Annual shortfall $203,165 Expenses were higher than revenue for this filing year.

Reported spending amounts

Mission work means the Form 990 category called program services. These are reported accounting categories—not an independent measurement of results.

Mission work (program services)$1,032,573 · 98.8% of expenses

Management and office costs$12,738 · 1.2% of expenses

See all reported dollar amounts

Revenue$842,146

Expenses$1,045,311

Assets$13,492,668

Income$842,146

Mission work (program services)$1,032,573

Grants given$2,010,551

Average grant$201,055

Management and general$12,738

People

Leadership and board

Tax year 2024

Names, titles, time, and compensation below are reported by the organization on its Form 990.

No compensation was reported for these leaders. The complete board and leadership roster is shown below.

Board and leadership roster (33)

RICHARD RUSSELLMEMBER

JONATHAN SCHREIBERMEMBER

JOSEPH HALEYMEMBER

KATRINA SANDERSTRUSTEE

KIM PERRYMANMEMBER

LOUIS TRAMONTOZZITRUSTEE

MAHESH PATELMEMBER

MARK ALLARAMEMBER

PETER HERSEEMEMBER

JOHN PAYSONMEMBER

RONALD NEWMANMEMBER

STEPHEN A BARRANDTRUSTEE

STEVEB DISALVOMEMBER

SUZANNE F GRAVESPRESIDENT

TOM SANDSTRUSTEE

WILLIAM HEINEMANMEMBER

WILLIAM MEADMEMBER

CARL SODERLANDMEMBER

JOHN KNOWLESTREASURER

JEFFREY RUBELTRUSTEE

JAY BOTHWICKSECRETARY

JAMES OHOLLERANMEMBER

JAMES CHAFEYMEMBER

JAGRUTI PATELMEMBER

HUGH OFLYNNMEMBER

HENRY FRISSORAMEMBER

GILBERT NORWOODMEMBER

GEORGE BAZYLEWICZMEMBER

FRANCIS CLEARYTRUSTEE

FORRESTER CLARKMEMBER

ERIN HEISKELLTRUSTEE

DAVID SMAILMEMBER

DANIEL MCCULLOUGHMEMBER

About this charity

Recognized since: January 1949
Location: 500 CUMMINGS CTR STE 6500, BEVERLY, MA 01915-6234
County: Essex
In care of: % BEVERLY HOPSITAL
Primary officer: SUZANNE F GRAVES, PRESIDENT

How to reach them

Phone(978) 236-1654 Officer phone(978) 922-3000

Filing and classification

Latest tax year: 2024
Tax period began: January 1, 2024
Return type: 990
Tax preparer: GORTON & COMPANY PC
NTEE classification: Named Trusts N.E.C. (T90)
IRS tax category: Named Trusts N.E.C.
Grant-giving organization: Yes