Lebowitz-Aberly Family Foundation
- Assets
- $49.7m
- Revenue
- $1.1m
- Investments
- $47.9m
- Employees
- 0
- Location
- Boston, MA
- Founding
- 10/2009
- Data as of
- 12/2022
- EIN
- 26-3931946
Organization Overview
Lebowitz-Aberly Family Foundation is located in Boston, MA. The organization was established in 2009. 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. Lebowitz-Aberly 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, Lebowitz-Aberly Family Foundation generated $1.1m in total revenue. This represents a relatively dramatic decline in revenue. Over the past 6 years, the organization has seen revenues fall by an average of (24.5%) each year. All expenses for the organization totaled $2.8m during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, Lebowitz-Aberly Family Foundation has awarded 406 individual grants totaling $10,764,909. 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
990T
Mission & Program ActivityExcerpts From the 990T Filing
TAX YEAR
2022
Describe the Organization's Program Activity:
N/A - CHARITABLE PURPOSES ARE ACCOMPLISHED THROUGHDISCRETIONARY GRANT MAKING PROGRAMS
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Laurence H Lebowitz Director, President, Treas | 0 | $0 | |
Naomi D Aberly Director, Vice Pres, Secre | 0 | $0 | |
Terri Lacy Director | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $344,408 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $654,136 |
| Capital Gain Net Income | $654,136 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $120,364 |
| Total Revenue | $1,118,908 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $14,727 |
| Taxes | $34,300 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $279,500 |
| Total operating and administrative expenses | $400,796 |
| Contributions, gifts, grants paid | $2,441,390 |
| Total expenses and disbursements | $2,842,186 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $1,766,368 |
| 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 | $47,936,032 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $49,702,400 |
| 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 | $1,000 |
| Total liabilities | $1,000 |
Grants Awarded
Over the last fiscal year, Lebowitz-Aberly Family Foundation has awarded $2,441,390 in support to 103 organizations.
| Grant Recipient | Amount |
|---|---|
ACLU FOUNDATION OF MASSACHUSETTS PURPOSE: GENERAL FUND | $50,000 |
ADVANCE DEMOCRACY PURPOSE: GENERAL FUND | $50,000 |
ADL TEXOMA PURPOSE: PROJECT SUPPORT: LARRY SCHOENBRUN JURISPRUDENCE AWARD | $2,890 |
ALABAMA ALLIANCE NETWORK PURPOSE: GENERAL FUND | $5,000 |
ALLIANCE FOR JUSTICE PURPOSE: GENERAL FUND | $15,000 |
AMALGAMATED CHARITABLE FOUNDATION PURPOSE: PROJECT SUPPORT: WAY TO RISE FUND, AN ADVANCE CHANGE FUND | $25,000 |