The Lambert Foundation Inc

Organization Overview

The Lambert Foundation Inc is located in Wayne, PA. The organization was established in 1994. 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. Lambert 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, Lambert Foundation Inc generated $21.0k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (17.1%) each year. All expenses for the organization totaled $75.4k during the year ending 12/2021. You can explore the organizations financials more deeply in the financial statements section below.

Mission & Program ActivityExcerpts From the 990PF Filing

TAX YEAR

2021

Describe the Organization's Program Activity:

Part 3 - Line 4a

SUPPORT OF 501(C)(3) ORGANIZATIONS


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Financial Statements

Statement of Revenue
Contributions, Gifts, Grants & Similar $5,743
Interest on Savings $20
Dividends & Interest $15,067
Net Rental Income$0
Net Gain on Sale of Assets $140
Capital Gain Net Income $140
Net ST Capital Gain $0
Income Modifications $0
Profit on Inventory Sales $0
Other Income $0
Total Revenue $20,970

Grants Awarded

Over the last fiscal year, The Lambert Foundation Inc has awarded $35,940 in support to 3 organizations.

Grant RecipientAmount

TEMPLE UNIVERSITY

PURPOSE: COLLEGE OF LIBERAL ARTS IN-STATE TUITION FOR 2 LAMBERT SCHOLARSHIP RECIPIENTS

$33,940

RUTGERS UNIVERSITY

PURPOSE: RUTGERS-NEWARK STUDENT EMERGENCY FUND

$1,000

TEMPLE UNIVERSITY

PURPOSE: STUDENT EMERGENCY AID FUND

$1,000
View Grant Profile

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