//
Also known as: C/O BESSEMER TRUST COMPANY NA
Work at this foundation?
Claim this profile to manage it and see interest from grant seekers.
Albert Lepage Foundation Inc. is a private corporation based in GARDEN CITY, NY. The foundation received its IRS ruling in 2014. The principal officer is Albert Lepage. It holds total assets of $382K. Annual income is reported at $2.7M. Total assets have decreased from $1.5M in 2013 to $317K in 2023. The foundation is governed by 3 officers and trustees. The foundation operates in the area of philanthropy & grantmaking. According to its most recent filing, the foundation only makes contributions to preselected charitable organizations. Tax records are available from 2016 to 2023. Funding is distributed across 6 states, including Maine, New Jersey, New York. According to available records, Albert Lepage Foundation Inc. has made 33 grants totaling $8M, with a median grant of $250K. Annual giving has grown from $2.2M in 2020 to $3.7M in 2022. Individual grants have ranged from $10K to $600K, with an average award of $244K. The foundation has supported 10 unique organizations. The foundation primarily supports organizations in Maine, Louisiana, New Jersey, which account for 48% of all grants. Grantmaking reaches organizations across 7 states. Contributions to this foundation are tax-deductible.
Smallest Grant
$10K
Median Grant
$350K
Average Grant
$318K
Largest Grant
$600K
Based on 7 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.
Albert Lepage Foundation Inc. primarily funds organizations in the area of philanthropy & grantmaking. Based on available records, the foundation has funded 33 grants. Its grantmaking reaches organizations primarily in ME, LA, NJ.
Albert Lepage Foundation Inc. has distributed a total of $8M across 33 grants. The median grant size is $250K, with an average of $244K. Individual grants have ranged from $10K to $600K.
Albert Lepage Foundation Inc. typically selects its grantees rather than accepting unsolicited proposals.
Albert Lepage Foundation Inc. is headquartered in GARDEN CITY, NY. While based in NY, the foundation distributes grants to organizations across 7 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Albert R Lepage | DIRECTOR, PRES, VP, SEC, T | $0 | $0 | N/A |
| Andrew P Barowsky | DIRECTOR | $0 | $0 | N/A |
| Lucille Lepage Sedgeley | DIRECTOR | $0 | $0 | N/A |
Total Giving
$1.8M
Total Assets
$317K
Fair Market Value
$1.5M
Net Worth
$317K
Grants Paid
$1.8M
Contributions
$1.2M
Net Investment Income
$48K
Distribution Amount
$80K
Total Grants
33
Total Giving
$8M
Average Grant
$244K
Median Grant
$250K
Unique Recipients
10
Most Common Grant
$10K
of 2022 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Tulane UniversityGENERAL EXEMPT PURPOSE | New Orleans, LA | $600K | 2022 |
| Bessemer National Gift FundGENERAL EXEMPT PURPOSE | Woodbridgr, NJ | $298K | 2022 |
| St Mary'S Health SystemGENERAL EXEMPT PURPOSE | Lewiston, ME | $260K | 2022 |
| Villanova UniversityGENERAL EXEMPT PURPOSE | Villanova, PA | $250K | 2022 |
| Hebron AcademyGENERAL EXEMPT PURPOSE | Hebron, ME | $250K | 2022 |
| Dominican University Of CaliforniaGENERAL EXEMPT PURPOSE | San Rafael, CA | $150K | 2022 |
| The Pines FoundationGENERAL EXEMPT PURPOSE | Fire Island Pines, NY | $13K | 2022 |
| Fire Island Pines Arts Project (Fipap)GENERAL EXEMPT PURPOSE | Fire Island Pines, NY | $10K | 2022 |
| Dancers Responding To AidsGENERAL EXEMPT PURPOSE | New York, NY | $10K | 2022 |
| United State Olympic And Paralympic FoundationGENERAL EXEMPT PURPOSE | Colorado Springs, CO | $119K | 2021 |