The Lipman Family Foundation Inc
- Assets
- $0.0
- Revenue
- $5.4m
- Investments
- $47.9m
- Employees
- 0
- Location
- New York, NY
- Founding
- 10/1960
- Data as of
- 06/2022
- EIN
- 13-6066963
Organization Overview
The Lipman Family Foundation Inc is located in New York, NY. The organization was established in 1960. According to its NTEE Classification (T20) the organization is classified as: Private Grantmaking 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. Lipman 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 06/2022, Lipman Family Foundation Inc generated $5.4m in total revenue. This organization has experienced exceptional growth, as over the past 8 years, it has increased revenue by an average of 38.6% each year . All expenses for the organization totaled $2.3m during the year ending 06/2022. While expenses have increased by 3.1% per year over the past 8 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 2016, Lipman Family Foundation Inc has awarded 503 individual grants totaling $34,651,332. 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.
Form
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2022
Describe the Organization's Program Activity:
Part 3 - Line 4a
CONTRIBUTIONS TO ORGANIZATIONS WHICH HAVE ESTABLISHED AN EXEMPT STATUS WITH THE INTERNAL REVENUE SERVICE AND ARE DEDUCTIBLE UNDER SECTION 170 OF THE CODE NUMBER OF ORGANIZATIONS AND EVENTS SUPPORTED-35.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Beverly S Lipman President | 7 | $0 | |
Peter W Lipman Vice President | 5 | $0 | |
Timothy E Lipman Treasurer | 1 | $0 | |
Benjamin H Lipman Secretary | 1 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Ehrenkranz Partners | 6/29/23 | $160,537 |
Neuberger Berman Bd Llc | 6/29/23 | $97,694 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $59 |
| Dividends & Interest | $512,702 |
| Profit on Inventory Sales | $0 |
| Other Income | $59,126 |
| Total Revenue | $5,438,863 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Pension plans, employee benefits | $0 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Total operating and administrative expenses | $551,694 |
| Contributions, gifts, grants paid | $1,758,985 |
| Total expenses and disbursements | $2,310,679 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $113,436 |
| Investments—mortgage loans | $0 |
| Investments—other | $0 |
| Other assets | $1,691,234 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $167,180 |
Grants Awarded
Over the last fiscal year, The Lipman Family Foundation Inc has awarded $4,801,225 in support to 68 organizations.
| Grant Recipient | Amount |
|---|---|
ACLU FOUNDATION PURPOSE: TO PROTECT ABORTION | $5,000 |
ACTERRA PURPOSE: TO CREATE LOCAL SOLUTIONS FOR A HEALTHY PLANET | $5,000 |
BAY AREA LYME FOUNDATION PURPOSE: TO ACCELERATE MEDICAL BREAKTHROUGHS FOR LYME DISEASE | $1,500 |
ASIAN ART MUSEUM PURPOSE: TO BRING THE DIVERSE CULTURES OF ASIA TO LIFE | $2,000 |
BOXBLUR (IMMERSIVE ART ALLAIANCE) PURPOSE: TO SUPPORT AND PRESENT AMBITIOUS WORKS OF PUBLIC ART | $2,500 |
CA STATE PARKS FOUNDATION PURPOSE: TO PROTECT AND PRESERVE THE CALIFORNIA STATE PARK SYSTEM | $6,000 |