Lempert Family Foundation
- Assets
- $181.3k
- Revenue
- $30.1k
- Investments
- $71.7k
- Employees
- 0
- Location
- Santa Fe, NM
- Founding
- 01/1999
- Data as of
- 12/2022
- EIN
- 14-1808971
Organization Overview
Lempert Family Foundation is located in Santa Fe, NM. The organization was established in 1999. 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. Lempert Family Foundation 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 12/2022, Lempert Family Foundation generated $30.1k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 8 years, the organization has seen revenues fall by an average of (7.5%) each year. All expenses for the organization totaled $74.2k during the year ending 12/2022. As we would expect to see with falling revenues, expenses have declined by (9.8%) per year over the past 8 years. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, Lempert Family Foundation has awarded 66 individual grants totaling $262,805. 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
PHILANTHROPY
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Norbert Lempert President | 0 | $0 | |
Milo Lempert Director | 0 | $0 | |
Rainer Lempert Vice Preside | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $24,503 |
| Interest on Savings | $58 |
| Dividends & Interest | $2,811 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $0 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $2,746 |
| Total Revenue | $30,118 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $98 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $1,765 |
| Total operating and administrative expenses | $3,863 |
| Contributions, gifts, grants paid | $70,330 |
| Total expenses and disbursements | $74,193 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $109,682 |
| Savings and temporary cash investments | $0 |
| Net Accounts receivable | $0 |
| Net Pledges Receivable | $0 |
| Grants receivable | $0 |
| Receivables from Officers, Directors, or Controlling Persons | $0 |
| Net other notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $0 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $181,336 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $0 |
Grants Awarded
Over the last fiscal year, Lempert Family Foundation has awarded $70,330 in support to 7 organizations.
| Grant Recipient | Amount |
|---|---|
AMHERST COLLEGE ALUMNI FUND PURPOSE: EDUCATION | $4,000 |
HIAS PURPOSE: TO HELP PROTECT REFUGEES | $50,000 |
INTERNATIONAL RESCUE COMMITTEE PURPOSE: SUPPORT IN KOSOVO CRISES | $7,000 |
LUBAVITCH YOUTH ORGANIZATION PURPOSE: SUPPORT JEWISH OUTREACH SERVICES | $180 |
SAVE THE CHILDREN PURPOSE: SUPPORT IMPOVERISHED CHILDREN | $5,000 |
CONG BEIT TIKVA PURPOSE: CHARITABLE DONATION | $2,650 |