Lambert Family Foundation Inc
- Assets
- $128.8k
- Revenue
- $36.5k
- Investments
- $0.0
- Employees
- 0
- Location
- Hauppauge, NY
- Founding
- 02/2014
- Data as of
- 12/2021
- EIN
- 46-1655799
Organization Overview
Lambert Family Foundation Inc is located in Hauppauge, NY. The organization was established in 2014. According to its NTEE Classification (P40) the organization is classified as: Family Services, under the broad grouping of Human Services and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Lambert 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 12/2021, Lambert Family Foundation Inc generated $36.5k 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 (12.2%) each year. All expenses for the organization totaled $31.2k during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (12.9%) per year over the past 7 years. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, Lambert Family Foundation Inc has awarded 27 individual grants totaling $305,004. 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
2021
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE FOUNDATION PROVIDES FUNDS TO FAMILIES IN NEED OF ASSISTANCE OF FOOD, MEDICINE, CLOTHING OR SHELTER AND ALSO TO NON-PROFIT ORGANIZATIONS THAT PROVIDE ASSISTANCE TO PEOPLE IN NEED.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Michael Lambert Director | 1 | $0 | |
Nicole Lambert Director | 5 | $0 | |
Ralph Lambert Director | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $36,465 |
| Interest on Savings | $0 |
| Dividends & Interest | $0 |
| 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 | $0 |
| Total Revenue | $36,465 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $0 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $20,072 |
| Total operating and administrative expenses | $20,072 |
| Contributions, gifts, grants paid | $11,130 |
| Total expenses and disbursements | $31,202 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $128,798 |
| 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 | $128,798 |
| 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, Lambert Family Foundation Inc has awarded $11,130 in support to 4 organizations.
| Grant Recipient | Amount |
|---|---|
JOE NAMATH FOUNDATION PURPOSE: FOR ASSISTANCEWITH THEIR CAUSETO HELP FAMILIES. | $7,500 |
CONTRACTORS FOR KIDS PURPOSE: FOR ASSISTANCEWITH THEIR CAUSETO HELP FAMILIES. | $2,000 |
CAMP ALVERNIA PURPOSE: FOR ASSISTANCEWITH THEIR CAUSETO HELP CHILDREN. | $1,130 |
JUVENILE DIABETES RESEARCH FOUNDATION PURPOSE: HELP SUPPORTDIABETES RESEARCH. | $500 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Jewish Family & Childrens Service Pittsburgh, PA | $22,894,637 | $12,787,096 |
Lifebridge Community Services Inc Bridgeport, CT | $3,971,886 | $9,629,433 |
Lund Family Center Inc Burlington, VT | $14,280,825 | $12,698,589 |
Family Service Assoc Of Bucks County Langhorne, PA | $12,329,887 | $10,792,087 |
Diversfied Family Services Inc Hermitage, PA | $11,390,979 | $10,833,885 |
Northern Rivers Family Services Inc Albany, NY | $4,685,256 | $10,370,126 |
Intercultural Family Services Inc Philadelphia, PA | $5,237,808 | $8,289,792 |
Easter Seals Vermont Inc Barre, VT | $1,493,648 | $7,934,572 |
Spectrum Inc Burlington, VT | $8,854,477 | $7,605,859 |
Friends Association For Care & Protection Of Children West Chester, PA | $3,306,511 | $7,911,094 |
Family Services Incorporated Altoona, PA | $10,094,387 | $10,384,210 |
Jewish Family Service Of Greater Hartford Inc West Hartford, CT | $2,190,864 | $6,921,826 |