Lendingtree Foundation - Nonprofit Explorer

Summary

A ProPublica Nonprofit Explorer page for the Lendingtree Foundation of Charlotte, NC, a 501(c)(3) private independent foundation with tax exemption issued June 2018. It summarizes Form 990-PF filings for fiscal years ending Dec. 2017 through Dec. 2024: contributions of $3,333,333 in each of 2019, 2020 and 2022 and $500,000 in 2023, charitable disbursements as high as $2,474,226 in 2021, and net assets of $2,546,629 for the year ending Dec. 2024. Officers listed with no compensation include Jill Olmstead, April Whitlock, Carla Shumate and Doug Lebda.

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Lendingtree Foundation

- Charlotte, NC
- Tax exemption issued: June 2018
- EIN: 32-0543562

Organization summary

Type of Nonprofit

Designated as a 501(c)(3) Organizations for any of the following purposes: religious, educational, charitable, scientific, literary, testing for public safety, fostering national or international amateur sports competition (as long as it doesn't provide athletic facilities or equipment), or the prevention of cruelty to children or animals.

Category :
 Philanthropy, Voluntarism and Grantmaking Foundations /
 Private Independent Foundations (NTEE)

Donations to this organization are tax deductible.

Tax Filings by Year

Form 990 is an information return that most organizations claiming federal tax-exempt status must file yearly with the IRS. Nonprofit Explorer has IRS digitized Form 990 data for filings processed in 2012 and later. If this organization filed an amended return, it may not be reflected below. Duplicate download links may indicate a resubmission or amendment to this organization's original return. Form 990 data is from the IRS.

Fiscal Year Ending Dec. 2024

Extracted Financial Data

Extracted Financial Data from Form 990-PF

Revenue

$21,691

Expenses

$122,679

Net Income

-$100,988

Net Assets

$2,546,629

Notable Sources of Revenue | Percent of Total Revenue
Contributions Received | $0
Interest Revenue | $21,691 | 100%
Dividends | $0
Sales of Assets | $0
Other Income | $0
Notable Expenses | Percent of Total Expenses
Charitable Disbursements | $106,367 | 86.7%
Compensation of Officers* | $0
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.
Assets/Debt
Total Assets | $2,546,629
Total Liabilities | $0
Net Assets | $2,546,629

Compensation

Key Employees and Officers | Compensation | Other
Jill Olmstead (Chairman / Director) | $0 | $0
April Whitlock (Executive Director) | $0 | $0
Dana Barker (Secretary / Director) | $0 | $0
Carla Shumate (Treasurer / Director) | $0 | $0
Doug Lebda (Ceo) | $0 | $0

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Document Links

990-PF

Filed on Nov. 14, 2025

Primary tax return for a private foundation's activities, finances, and governance

View Filing

Schedules ▼

XML

990-T

Filed on Nov. 14, 2025

For unrelated business income from activities not substantially related to the organization's tax-exempt purpose

View Filing

Schedules ▼

PDF XML

Fiscal Year Ending Dec. 2023

Extracted Financial Data

Extracted Financial Data from Form 990-PF

Revenue

$503,756

Expenses

$1,637,983

Net Income

-$1,134,227

Net Assets

$2,720,662

Notable Sources of Revenue | Percent of Total Revenue
Contributions Received | $500,000 | 99.3%
Interest Revenue | $3,756 | 0.7%
Dividends | $0
Sales of Assets | $0
Other Income | $0
Notable Expenses | Percent of Total Expenses
Charitable Disbursements | $1,633,695 | 99.7%
Compensation of Officers* | $0
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.
Assets/Debt
Total Assets | $2,720,662
Total Liabilities | $0
Net Assets | $2,720,662

Compensation

Key Employees and Officers | Compensation | Other
Jill Olmstead (Chairman/director) | $0 | $0
April Whitlock (Executive Director) | $0 | $0
Lisa Young (Secretary/director) | $0 | $0
Carla Shumate (Treasurer/director) | $0 | $0

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Document Links

990-PF

Filed on Nov. 14, 2024

Primary tax return for a private foundation's activities, finances, and governance

View Filing

Schedules ▼

PDF XML

990-T

Filed on Nov. 14, 2024

For unrelated business income from activities not substantially related to the organization's tax-exempt purpose

View Filing

Schedules ▼

PDF XML

Fiscal Year Ending Dec. 2022

Extracted Financial Data

Extracted Financial Data from Form 990-PF

Revenue

$3,333,333

Expenses

$2,074,032

Net Income

$1,259,301

Net Assets

$3,779,883

Notable Sources of Revenue | Percent of Total Revenue
Contributions Received | $3,333,333 | 100%
Interest Revenue | $0
Dividends | $0
Sales of Assets | $0
Other Income | $0
Notable Expenses | Percent of Total Expenses
Charitable Disbursements | $2,058,976 | 99.3%
Compensation of Officers* | $0
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.
Assets/Debt
Total Assets | $3,779,883
Total Liabilities | $0
Net Assets | $3,779,883

Compensation

Key Employees and Officers | Compensation | Other
Jill Olmstead (Chairman/director) | $0 | $0
Carla Shumate (Treasurer/director) | $0 | $0
Lisa Young (Secretary/director) | $0 | $0
April Whitlock (Executive Director) | $0 | $0

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Document Links

990-PF

Filed on Nov. 6, 2023

Primary tax return for a private foundation's activities, finances, and governance

View Filing

Schedules ▼

PDF XML

Fiscal Year Ending Dec. 2021

Extracted Financial Data

Extracted Financial Data from Form 990-PF

Revenue

$12,039

Expenses

$2,486,673

Net Income

-$2,474,634

Net Assets

$2,520,192

Notable Sources of Revenue | Percent of Total Revenue
Contributions Received | $0
Interest Revenue | $1,300 | 10.8%
Dividends | $0
Sales of Assets | $0
Other Income | $10,739 | 89.2%
Notable Expenses | Percent of Total Expenses
Charitable Disbursements | $2,474,226 | 99.5%
Compensation of Officers* | $0
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.
Assets/Debt
Total Assets | $2,520,192
Total Liabilities | $0
Net Assets | $2,520,192

Compensation

Key Employees and Officers | Compensation | Other
Doug Lebda (Chairman/director) | $0 | $0
Carla Shumate (Treasurer/director) | $0 | $0
April Whitlock (Director) | $0 | $0
Jill Olmstead (Director) | $0 | $0
Lisa Young (Director) | $0 | $0

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Document Links

990-PF

Filed on Nov. 9, 2022

Primary tax return for a private foundation's activities, finances, and governance

View Filing

Schedules ▼

PDF XML

Fiscal Year Ending Dec. 2020

Extracted Financial Data

Extracted Financial Data from Form 990-PF

Revenue

$3,345,613

Expenses

$1,480,603

Net Income

$1,865,010

Net Assets

$4,992,804

Notable Sources of Revenue | Percent of Total Revenue
Contributions Received | $3,333,333 | 99.6%
Interest Revenue | $11,744 | 0.4%
Dividends | $0
Sales of Assets | $0
Other Income | $536 | 0.0%
Notable Expenses | Percent of Total Expenses
Charitable Disbursements | $1,462,433 | 98.8%
Compensation of Officers* | $0
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.
Assets/Debt
Total Assets | $4,992,805
Total Liabilities | $1
Net Assets | $4,992,804

Compensation

Key Employees and Officers | Compensation | Other
Claudette Parham (Chairman/director) | $0 | $0
Carla Shumate (Treasurer/director) | $0 | $0
Doug Lebda (Director) | $0 | $0

Document Links

990-PF

Filed on Nov. 3, 2021

Primary tax return for a private foundation's activities, finances, and governance

View Filing

Schedules ▼

PDF XML

Fiscal Year Ending Dec. 2019

Extracted Financial Data

Extracted Financial Data from Form 990-PF

Revenue

$3,370,115

Expenses

$242,320

Net Income

$3,127,795

Net Assets

$3,127,794

Notable Sources of Revenue | Percent of Total Revenue
Contributions Received | $3,333,333 | 98.9%
Interest Revenue | $36,782 | 1.1%
Dividends | $0
Sales of Assets | $0
Other Income | $0
Notable Expenses | Percent of Total Expenses
Charitable Disbursements | $232,123 | 95.8%
Compensation of Officers* | $0
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.
Assets/Debt
Total Assets | $3,127,795
Total Liabilities | $1
Net Assets | $3,127,794

Compensation

Key Employees and Officers | Compensation | Other
Claudette Parham (Chairman/director) | $0 | $0
Carla Shumate (Treasurer/director) | $0 | $0
Doug Lebda (Director) | $0 | $0

Document Links

990-PF

Filed on Nov. 13, 2020

Primary tax return for a private foundation's activities, finances, and governance

View Filing

Schedules ▼

XML

Fiscal Year Ending Dec. 2018

Extracted Financial Data

Extracted Financial Data from Form 990-PF

Revenue

$0

Expenses

$0

Net Income

$0

Net Assets

$0

Notable Sources of Revenue | Percent of Total Revenue
Contributions Received | $0
Interest Revenue | $0
Dividends | $0
Sales of Assets | $0
Other Income | $0
Notable Expenses | Percent of Total Expenses
Charitable Disbursements | $0
Compensation of Officers* | $0
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.
Assets/Debt
Total Assets | $0
Total Liabilities | $0
Net Assets | $0

Compensation

Key Employees and Officers | Compensation | Other
Claudette Parham (Chairman/director) | $0 | $0
Carla Shumate (Treasurer/director) | $0 | $0
Ryan Quinn (Secretary) | $0 | $0
Doug Lebda (Director) | $0 | $0
Colleen Forness (Executive Director) | $0 | $0

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Document Links

990-PF

Filed on Nov. 15, 2019

Primary tax return for a private foundation's activities, finances, and governance

View Filing

Schedules ▼

PDF XML

Fiscal Year Ending Dec. 2017

Extracted Financial Data

Extracted Financial Data from Form 990-PF

Revenue

$0

Expenses

$0

Net Income

$0

Net Assets

$0

Notable Sources of Revenue | Percent of Total Revenue
Contributions Received | $0
Interest Revenue | $0
Dividends | $0
Sales of Assets | $0
Other Income | $0
Notable Expenses | Percent of Total Expenses
Charitable Disbursements | $0
Compensation of Officers* | $0
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.
Assets/Debt
Total Assets | $0
Total Liabilities | $0
Net Assets | $0

Compensation

Key Employees and Officers | Compensation | Other
Claudette Parham (Chairman/director) | $0 | $0
Carla Shumate (Treasurer/director) | $0 | $0
Ryan Quinn (Secretary) | $0 | $0
Doug Lebda (Director) | $0 | $0
Colleen Forness (Executive Director) | $0 | $0

+ View more people

Document Links

990-PF

Filed on Nov. 6, 2018

Primary tax return for a private foundation's activities, finances, and governance

View Filing

Schedules ▼

PDF XML

About This Data

What Is This Data?

Nonprofit Explorer includes summary data for nonprofit tax returns and
 full Form 990 documents, in both PDF and digital formats.

The summary data contains information processed by the IRS during the
 2012-2019 calendar years; this generally consists of filings for the
 2011-2018 fiscal years, but may include older records. This data release
 includes only a subset of what can be found in the full Form 990s.

In addition to the raw summary data, we link to PDFs and digital copies
 of full Form 990 documents wherever possible. This consists of separate
 releases by the IRS of Form 990 documents processed by the agency, which
 we update regularly.

We also link to copies of audits nonprofit organizations that spent
 $750,000 or more in Federal grant money in a single fiscal year since
 2016. These audits are copied from the Federal Audit Clearinghouse.

Which Organizations Are Here?

Every organization that has been recognized as tax exempt by the IRS
 has to file Form 990 every year, unless they make less than $200,000
 in revenue and have less than $500,000 in assets, in which case they
 have to file form 990-EZ. Organizations making less than $50,000
 don’t have to file either form but do have to let the IRS they’re
 still in business via a Form 990N "e-Postcard."

Nonprofit Explorer has organizations claiming tax exemption in each
 of the 27 subsections of the 501(c) section of the tax code, and
 which have filed a Form 990, Form 990EZ or Form 990PF. Taxable
 trusts and private foundations that are required to file a form
 990PF are also included. Small organizations filing a Form 990N
 "e-Postcard" are not included in this data.

Types of Nonprofits

There are 27 nonprofit designations based on the numbered
 subsections of section 501(c) of the tax code. See the list »

Get the Data

For those interested in acquiring the original data from the source,
 here’s where our data comes from:

- Raw filing data . Includes EINs and summary financials as structured data.
- Exempt Organization profiles . Includes organization names, addresses, etc. You can merge
 this with the raw filing data using EIN numbers.
- Form 990 documents . Prior to 2017, these documents were obtained and processed by Public.Resource.org and ProPublica. Bulk PDF downloads since 2017 are available from the IRS .
- Form 990 documents as XML files . Includes complete filing data (financial details, names of
 officers, tax schedules, etc.) in machine-readable format. Only
 available for electronically filed documents. Electronic data
 released prior to October 2021 is also available through Amazon Web Services.
- Audits . PDFs of single or program-specific audits for nonprofit
 organizations that spent $750,000 or more in Federal grant money
 in a single fiscal year. Available for fiscal year 2015 and
 later.

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 API. Read the API documentation »

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Browse millions of annual returns filed by tax-exempt organizations with
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Updated September 23, 2026

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