Lachman Family Foundation Inc

Organization Overview

Lachman Family Foundation Inc is located in White Plains, NY. The organization was established in 2003. 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.

For the year ending 12/2019, Lachman Family Foundation Inc generated $1.1m in total revenue. This organization has experienced exceptional growth, as over the past 5 years, it has increased revenue by an average of 10.8% each year . All expenses for the organization totaled $335.7k during the year ending 12/2019. You can explore the organizations financials more deeply in the financial statements section below.

Since 2014, Lachman Family Foundation Inc has awarded 44 individual grants totaling $2,970,870. 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

2019

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 $600,000
Interest on Savings $54,300
Dividends & Interest $413,899
Net Rental Income$0
Net Gain on Sale of Assets $29,901
Capital Gain Net Income $29,377
Net ST Capital Gain $0
Income Modifications $0
Profit on Inventory Sales $0
Other Income $0
Total Revenue $1,098,100

Grants Awarded

Over the last fiscal year, Lachman Family Foundation Inc has awarded $102,200 in support to 6 organizations.

Grant RecipientAmount

BALTIMORE COMM COLLEGE

PURPOSE: TO PROVIDE EDUCATIONAL SCHOLARSHIPS FOR STUDENTS.

$50,000

UC SAN DIEGO FOUNDATION

Org PageRecipient Profile

La Jolla, CA

PURPOSE: TO PROVIDE EDUCATIONAL SCHOLARSHIPS FOR STUDENTS.

$25,000

WORLD JEWISH CONGRESS

PURPOSE: TO PROMOTE JEWISH RIGHTS IN AMERICA AS WELL AS STRENGTHEN THE TIES BETWEEN THE UNITED STATES AND ISRAEL WITH BOTH TRADITIONAL AND CURRENT PROBLEMS.

$11,000

INTERNATIONAL LEADERSHIP COUNCIL

PURPOSE: SUPPORT EFFORTS OF GOVERNMENTS AND WORLD BODIES ADDRESSING VITAL ISSUES OF ANTISEMITISM AND TERRORIST VIOLENCE.

$10,000

SCRIPPS HEALTH FOUNDATION

PURPOSE: TO SUPPORT MEDICAL RESEARCH PROGRAMS.

$5,000

ZOOLOGICAL SOCIETY OF SAN DIEGO

PURPOSE: TO PROTECT WILDLIFE FROM EXTINCTION.

$1,200
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