LOVELIGHT FOUNDATION, INC. STATEMENT OF DISSOLUTION DESCRIPTION OF TERMINATION: THE BOARD OF THE LOVELIGHT FOUNDATION (FOUNDATION) DETERMINED THAT TERMINATION OF THE FOUNDATION INTO A FUND AT THE COMMUNITY FOUNDATION FOR PALM BEACH AND MARTIN COUNTIES, A PUBLIC CHARITY, WOULD BE IN THE BEST INTEREST OF CARRYING OUT THE CHARITABLE MISSION OF THE FOUNDATION. THE FUND INTO WHICH THE ASSETS OF THE FOUNDATION WERE TRANSFERRED IS CALLED THE "LOVELIGHT FUND". THE FUND AGREEMENT PROVIDES THAT "THE FUND SHALL SUPPORT CHARITABLE ORGANIZATIONS AND CAUSES THAT SEEK TO EMPOWER WOMEN AND THEIR CHILDREN BY SUPPORTING PROGRAMS AND PARTNERSHIPS THAT PROMOTE SOCIAL CHANGE (THE "CHARITABLE PURPOSE")." LIQUIDATION PLAN AND SUPPORTING DOCUMENTS: THE PLAN OF LIQUIDATION PROVIDED THAT ALL ASSETS OF THE FOUNDATION, AFTER PAYMENT OF FINAL ADMINISTRATION EXPENSES AND TAXES, BE DISTRIBUTED TO THE COMMUNITY FOUNDATION FOR PALM BEACH AND MARTIN COUNTIES TO BE ADDED TO THE LOVELIGHT FUND. A COPY OF THE AGREEMENT ESTABLISHING THE LOVELIGHT FUND AT THE COMMUNITY FOUNDATION FOR PALM BEACH AND MARTIN COUNTIES AND THE BOARD RESOLUTION AUTHORIZING THIS TRANSACTION ARE ATTACHED. THE NAME AND ADDRESS OF THE RECIPIENT ORGANIZATION OF THE REMAINING ASSETS, AFTER FINAL ADMINISTRATION EXPENSES AND TAXES, IS: COMMUNITY FOUNDATION FOR PALM BEACH AND MARTIN COUNTIES 700 SOUTH DIXIE HIGHWAY, STE. 200 WEST PALM BEACH, FL 33401 EIN: 23-7181875
Focus Areas
Youth Development
Application Information
Accepts Unsolicited ProposalsNo — Preselected Only
Phone3134468787
Financial Trends
Giving Over Time
Total Assets Over Time
View financial data as table
Year
Total Giving
Total Assets
Revenue
Grants
2016
$39K
$866K
$35K
6
2017
$12K
$948K
$27K
2
2019
N/A
$0
$29K
N/A
Grant Size Distribution
Based on 8 grants on record
Minimum
$2K
25th Pctl
$5K
Median
$5K
Average
$6K
75th Pctl
$10K
Maximum
$10K
Geographic Distribution
Key Personnel
Name
Title
Compensation
LINDI KANINE
SECRETARY/TREASURER
$1K
PETER F CUMMINGS
TRUSTEE
—
CAROLINE CUMMINGS RAFFERTY
PRESIDENT
—
ALISSANDRA ARONOW
VICE PRESIDENT
—
JULIE FISHER CUMMINGS
TRUSTEE
—
Grants Awarded
(8 total)
Purpose
PACE CENTER FOR GIRLS
WEST PALM BEACH, FL
$10,000
SUPPORT FOR GENERAL OPERATING EXPENSES
2017
THE FRESH AIR FUND
NEW YORK, NY
$10,000
SUPPORT "THE YOUNG WOMEN'S GIVING CIRCLE"
2016
ALTERNATIVES FOR GIRLS
DETROIT, MI
$9,000
SUPPORT OUTREACH SERVICES FOR SEXUALLY EXPLOITED YOUNG WOMEN
2016
MICHIGAN SCIENCE CENTER
DETROIT, MI
$5,000
SUPPORT THE "STEMINISTA" PROJECT FOR GIRLS TO EXPLORE STEM BASED OPPORTUNITIES
2016
PACE CENTER FOR GIRLS
WEST PALM BEACH, FL
$5,000
SUPPORT FOR GENERAL OPERATING EXPENSES
2016
VISTA MARIA
DEARBORN HEIGHTS, MI
$5,000
SHEPARD HALL TRANSITIONAL LIVING PROGRAM
2016
KRISTI HOUSE INC
MIAMI, FL
$5,000
SUPPORT "PROJECT GOLD" FOR SEX TRAFFICKED MINORS IN FLORIDA