Lorber Family Foundation
- Assets
- $3.4m
- Revenue
- $12.4m
- Investments
- $3.4m
- Employees
- 0
- Location
- Westwood, MA
- Founding
- 08/2014
- Data as of
- 12/2021
- EIN
- 61-1733138
Organization Overview
Lorber Family Foundation is located in Westwood, MA. The organization was established in 2014. According to its NTEE Classification (Z99) the organization is classified as: Unknown, under the broad grouping of Unknown and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Lorber 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 12/2021, Lorber Family Foundation generated $12.4m in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 19.7% each year . All expenses for the organization totaled $1.4m during the year ending 12/2021. While expenses have increased by 2.8% per year over the past 7 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Since 2014, Lorber Family Foundation has awarded 61 individual grants totaling $11,760,855. 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 |
|---|---|---|---|
Margaret Susan Lorber Trustee | 1 | $0 | |
Sarah Jane Lorber Trustee | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $12,165,433 |
| Interest on Savings | $17 |
| Dividends & Interest | $201,734 |
| 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 | $12,367,184 |
| 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 | $0 |
| Total operating and administrative expenses | $2,695 |
| Contributions, gifts, grants paid | $1,413,985 |
| Total expenses and disbursements | $1,416,680 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $54,865 |
| 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 | $3,445,060 |
| 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, Lorber Family Foundation has awarded $1,413,985 in support to 12 organizations.
| Grant Recipient | Amount |
|---|---|
Cambridge, MA PURPOSE: UNRESTRICTED DONATION | $983,707 |
AMERICAN CANCER SOCIETY PURPOSE: UNRESTRICTED DONATION | $215,278 |
HURRICANE IDA DIRECT RELIEF PURPOSE: UNRESTRICTED DONATION | $95,000 |
BETH ISRAEL HOSPITAL NEEDHAM PURPOSE: UNRESTRICTED DONATION | $25,000 |
NEW ORLEANS WORKERS' CENTER RACIAL JUSTICE PURPOSE: UNRESTRICTED DONATION | $25,000 |
MASS EYE AND EAR PURPOSE: UNRESTRICTED DONATION | $15,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Catalyst Inc New York, NY | $56,172,197 | $22,153,415 |
Horizon Village Inc Sanborn, NY | $19,517,446 | $18,747,224 |
Avi Chai Foundation New York, NY | $417,433,923 | $38,425,354 |
50 Broadway Realty Corp New York, NY | $106,628,317 | $16,489,338 |
Center For Community Alternatives Syracuse, NY | $5,921,893 | $12,987,614 |
Technical Assistance Collaborative Inc Boston, MA | $7,617,476 | $12,320,567 |
Starbridge Services Inc Rochester, NY | $4,814,747 | $13,376,433 |
Community Health Action Of Staten Island Inc Staten Island, NY | $10,310,732 | $11,148,216 |
Carl Fenichel Community Services Inc Brooklyn, NY | $12,251,363 | $5,691,898 |
Hart United Inc North Haven, CT | $3,744,334 | $8,818,103 |
New Square Community Improvement Council Inc New Square, NY | $7,666,025 | $8,815,852 |
Kings Bay Ym-Ywha Inc Brooklyn, NY | $12,626,720 | $11,475,108 |