Lainoff Family Foundation Inc

Organization Overview

Lainoff Family Foundation Inc is located in New York, NY. The organization was established in 1997. According to its NTEE Classification (T22) the organization is classified as: Private Independent Foundations, under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Lainoff Family Foundation Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.

For the year ending 12/2021, Lainoff Family Foundation Inc generated $8.0m in total revenue. All expenses for the organization totaled $477.5k during the year ending 12/2021. While expenses have increased by 48.6% per year over the past 2 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.

Since 2021, Lainoff Family Foundation Inc has awarded 56 individual grants totaling $390,440. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.

Mission & Program ActivityExcerpts From the 990PF Filing

TAX YEAR

2021

Describe the Organization's Program Activity:

Part 3 - Line 4a

N/A


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Financial Statements

Statement of Revenue
Contributions, Gifts, Grants & Similar $7,669,920
Interest on Savings $48
Dividends & Interest $83,232
Net Rental Income$0
Net Gain on Sale of Assets $201,413
Capital Gain Net Income $201,413
Net ST Capital Gain $0
Income Modifications $0
Profit on Inventory Sales $0
Other Income $0
Total Revenue $7,954,613

Grants Awarded

Over the last fiscal year, Lainoff Family Foundation Inc has awarded $390,440 in support to 56 organizations.

Grant RecipientAmount

DIABETES RESEARCH INSTITUTE FOUNDATION

PURPOSE: GENERAL CHARITABLE & EDUCATIONAL PURPOSES

$40,000

SITAR ARTS CENTER

Org PageRecipient Profile

Washington, DC

PURPOSE: GENERAL CHARITABLE & EDUCATIONAL PURPOSES

$25,000

CALIFORNIA ALLIANCE FOR ARTS EDUCATION

Org PageRecipient Profile

Pasadena, CA

PURPOSE: GENERAL CHARITABLE & EDUCATIONAL PURPOSES

$15,000

ARLINGTON FREE CLINIC

Org PageRecipient Profile

Arlington, VA

PURPOSE: GENERAL CHARITABLE & EDUCATIONAL PURPOSES

$15,000

LOUDOUN FREE CLINIC

PURPOSE: GENERAL CHARITABLE & EDUCATIONAL PURPOSES

$15,000

Washington, DC

PURPOSE: GENERAL CHARITABLE & EDUCATIONAL PURPOSES

$10,000
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