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Abbott B And Joan M Lipsky Fund is a private trust based in CEDAR RAPIDS, IA. The foundation received its IRS ruling in 1957. The principal officer is Ann M Lipsky. It holds total assets of $620K. Annual income is reported at $60K. The foundation is governed by 1 officer or trustee. According to its most recent filing, the foundation only makes contributions to preselected charitable organizations. Tax records are available from 2016 to 2023. The foundation primarily funds organizations in Iowa, Utah and Florida. According to available records, Abbott B And Joan M Lipsky Fund has made 97 grants totaling $212K, with a median grant of $2K. Annual giving has decreased from $77K in 2020 to $53K in 2023. Individual grants have ranged from $200 to $10K, with an average award of $2K. The foundation has supported 34 unique organizations. The foundation primarily supports organizations in Iowa, Utah, Maryland, which account for 76% of all grants. Grantmaking reaches organizations across 9 states. Contributions to this foundation are tax-deductible.
Smallest Grant
$200
Median Grant
$2K
Average Grant
$2K
Largest Grant
$9K
Based on 19 grants from the most recent 990-PF filing.
No program descriptions are available for this foundation. Many private foundations report program activities in their annual 990-PF filings — check the Tax Filings section below for the most recent filing.
Abbott B And Joan M Lipsky Fund is a private foundation that provides grants to eligible organizations. Based on available records, the foundation has funded 97 grants. Its grantmaking reaches organizations primarily in IA, UT, MD.
Abbott B And Joan M Lipsky Fund has distributed a total of $212K across 97 grants. The median grant size is $2K, with an average of $2K. Individual grants have ranged from $200 to $10K.
Abbott B And Joan M Lipsky Fund typically selects its grantees rather than accepting unsolicited proposals.
Abbott B And Joan M Lipsky Fund is headquartered in CEDAR RAPIDS, IA. While based in IA, the foundation distributes grants to organizations across 9 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Ann M Lipsky | TRUSTEE | $0 | $0 | N/A |
Total Giving
$56K
Total Assets
$606K
Fair Market Value
$930K
Net Worth
$606K
Grants Paid
$53K
Contributions
$20K
Net Investment Income
$33K
Distribution Amount
$45K
Total: $594K
Total Grants
97
Total Giving
$212K
Average Grant
$2K
Median Grant
$2K
Unique Recipients
34
Most Common Grant
$1K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Mercy FoundationGENERAL OPERATING NEED | Cedar Rapids, IA | $5K | 2023 |
| Utah Stands With IsraelUKRAINE RELEIF NEEDS | Salt Lake City, UT | $10K | 2023 |
| Congregation Kol AmiGENERAL OPERATING NEEDS | Salt Lake City, UT | $8K | 2023 |
| The Other Side VillageGENERAL SCHOLARSHIP FUND | Salt Lake City, UT | $5K | 2023 |
| Aopa FoundationGENERAL OPERATING NEEDS | Frederick, MD | $5K | 2023 |
| Utah Opera SymphonyGENERAL OPERATING NEEDS | Salt Lake City, UT | $3K | 2023 |
| Salt Lake City Rotary FoundationGENERAL OPERATIONS | Kaysville, UT | $3K | 2023 |
| I-Club FundGENERAL OPERATING NEEDS | Iowa City, IA | $2K | 2023 |
| Temple JudahGENERAL OPERATING FUNDS | Cedar Rapids, IA | $2K | 2023 |
| Cedar Rapids Opera TheaterGENERAL OPERATING NEEDS | Cedar Rapids, IA | $2K | 2023 |
| Cedar Rapids Museum Of ArtGENERAL OPERATING NEED | Cedar Rapids, IA | $2K | 2023 |
| Marie Selby Botanic GardensGENERAL OPERATING NEED | Sarasota, FL | $1K | 2023 |
| Orchestra IowaGENERAL OPERATING NEEDS | Cedar Rapids, IA | $1K | 2023 |
| Natl Brain Tumor AssnGENERAL OPERATING NEEDS | Newton, MA | $1K | 2023 |
| Jewish National FundGENERAL OPERATING NEEDS | New York, NY | $1K | 2023 |
| Ballet WestGERAL OPERATING NEEDS | Salt Lake City, UT | $1K | 2023 |
| Seattle Art MuseumGERAL OPERATING NEEDS | Seattle, WA | $1K | 2023 |
| Shelter Box Usa IncGENERAL OPERATING NEEDS | Bradenton, FL | $525 | 2023 |
| University Of Iowa LibrariesGENERAL OPERATING NEEDS | Iowa City, IA | $500 | 2023 |
| Indian Creek Nature CenterGENERAL OPERATING NEEDS | Cedar Rapids, IA | $250 | 2023 |
| Cedar Rapids Community SdGENERAL OPERATIONS | Cedar Rapids, IA | $200 | 2023 |
| Uja Crisis Response UkraineUKRAINE RELEIF NEEDS | New York, NY | $5K | 2022 |
| Iowa College FundGENERAL OPERATING NEEDS | Des Moines, IA | $3K | 2022 |
| Don King Endowment FundGENERAL SCHOLARSHIP FUND | Washington, DC | $200 | 2022 |
| American Red CrossTORNADO RELIEF | Arlington Heights, IL | $2K | 2021 |