Lisben Charitable Foundation Inc
- Assets
- $131.2k
- Revenue
- $40.0k
- Investments
- $0.0
- Employees
- 0
- Location
- Schenectady, NY
- Founding
- 03/1999
- Data as of
- 05/2024
- EIN
- 58-2395697
Organization Overview
Lisben Charitable Foundation Inc is located in Schenectady, NY. The organization was established in 1999. 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. Lisben Charitable 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 05/2024, Lisben Charitable Foundation Inc generated $40.0k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 4 years, the organization has seen revenues fall by an average of (21.4%) each year. All expenses for the organization totaled $20.5k during the year ending 05/2024. You can explore the organizations financials more deeply in the financial statements section below.
Since 2021, Lisben Charitable Foundation Inc has awarded 49 individual grants totaling $117,809. 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.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Lisa Sternlicht Director | 0 | $0 | |
Aaron Sternlicht Director | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $39,916 |
| Interest on Savings | $0 |
| Dividends & Interest | $37 |
| 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 | $39,953 |
| 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 | $50 |
| Total operating and administrative expenses | $1,050 |
| Contributions, gifts, grants paid | $19,402 |
| Total expenses and disbursements | $20,452 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $131,241 |
| 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 | $131,241 |
| 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, Lisben Charitable Foundation Inc has awarded $19,402 in support to 15 organizations.
| Grant Recipient | Amount |
|---|---|
CONGREGATION AGUDATH ACHIM PURPOSE: CHARITABLE | $3,372 |
HADASSAH PURPOSE: CHARITABLE | $1,000 |
NISKAYUNA FIRE DEPARTMENT PURPOSE: CHARITABLE | $250 |
SARATOGA PERFORMING ARTS CENTER PURPOSE: CHARITABLE | $6,250 |
15-LOVE PURPOSE: CHARITABLE | $250 |
NATIONAL YIDDISH THEATER PURPOSE: CHARITABLE | $180 |