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LVCF Financials

A Trusted Steward of Charitable Funds

LVCF Annual Report 2024-25 | Investing in Community

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Message from the Board Chair and President & CEO

LVCF Annual Report 2024-25 Cover

At the Lehigh Valley Community Foundation, our work is rooted in a simple but powerful belief: when we invest in our community, we strengthen the systems, people, and partnerships that allow our region to thrive. As we reflect on the fiscal year ended June 30, 2025, we do so with deep gratitude for the donors, nonprofits, civic partners, and leaders who make this mission possible.

This year marked a transformative period in our Foundation’s history. We closed the fiscal year with over $100 million in charitable assets under management, a significant milestone for community foundations that reflects both the generosity of our donors and the trust they place in our stewardship. In this fiscal year, the Foundation received more than $22 million in gifts and distributed over $9 million in grants, both of which are significant figures. We stand firmly in our role as a community leader helping nonprofits deliver essential services and advance meaningful change across the Lehigh Valley.

In particular, we continued to spotlight the importance of early childhood education and to address the challenges that parents face to access affordable, quality childcare. We have deployed innovative approaches to addressing this urgent local need, such as our first impact investment to support the expansion of a childcare facility in downtown Allentown. These investments, paired with our engagement in regional efforts such as the Early Childhood Education Collaborative, demonstrate how strategic partnerships can expand opportunity for families and children.

Internally, we strengthened the organizational infrastructure that enables our mission. With a new accounting system and donor portal, expanded visibility efforts, and continued investment in our staff, LVCF is poised for the next phase of growth. As we prepare to develop a new strategic plan, we do so with a renewed focus on impact beyond the check, growth through partnership, and our values of Connection, Opportunity, Integrity, and Learning.

We extend our heartfelt thanks to all who contributed to this year’s accomplishments. Together, we are investing in community—today, tomorrow, and for generations to come.

With deepest appreciation and gratitude,

Anne Reid, Board Chair and Eirka Riddle Petrozelli, President and CEO, Lehigh Valley Community Foundaiton

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Financials of the Foundation

The financial management of the Lehigh Valley Community Foundation is governed by the long-term vision of the Foundation’s permanence as well as its ongoing prudence in the investment and management of its diverse funds. IRS Form 990 is an informational tax form that most tax-exempt organizations must file annually. The form gives the IRS an overview of the organization’s activities, governance and detailed financial information.

Posted documents are the most current available. Previous records are available upon request.

Audit Reports

2024 Audit
2023 Audit

990 Reports

2024 990
2023 990