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B B Lederer Sons Foundation is a private trust based in WESTERLY, RI. The foundation received its IRS ruling in 1949. The principal officer is Bank Of America Na Ttee. It holds total assets of $1.1M. Annual income is reported at $973K. The foundation is governed by 3 officers and trustees. 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 Massachusetts and Rhode Island. According to available records, B B Lederer Sons Foundation has made 25 grants totaling $140K, with a median grant of $5K. Annual giving has decreased from $90K in 2022 to $50K in 2023. Individual grants have ranged from $3K to $10K, with an average award of $6K. The foundation has supported 9 unique organizations. Grants have been distributed to organizations in Massachusetts and Rhode Island. Contributions to this foundation are tax-deductible.
Smallest Grant
$2K
Median Grant
$2K
Average Grant
$4K
Largest Grant
$10K
Based on 4 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.
B B Lederer Sons Foundation is a private foundation that provides grants to eligible organizations. Based on available records, the foundation has funded 25 grants. Its grantmaking reaches organizations primarily in MA, RI.
B B Lederer Sons Foundation has distributed a total of $140K across 25 grants. The median grant size is $5K, with an average of $6K. Individual grants have ranged from $3K to $10K.
B B Lederer Sons Foundation typically selects its grantees rather than accepting unsolicited proposals.
B B Lederer Sons Foundation is headquartered in WESTERLY, RI. While based in RI, the foundation distributes grants to organizations across 2 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Bank Of America N A | CO-TRUSTEE | $11K | $0 | $11K |
| Kathy Schneider Weiner | CO-TRUSTEE | $6K | $0 | $6K |
| Kim Sonnabend | CO- TRUSTEE | $3K | $0 | $3K |
Total Giving
$72K
Total Assets
$1M
Fair Market Value
$1.2M
Net Worth
$1M
Grants Paid
$50K
Contributions
N/A
Net Investment Income
$17K
Distribution Amount
$55K
Total Grants
25
Total Giving
$140K
Average Grant
$6K
Median Grant
$5K
Unique Recipients
9
Most Common Grant
$5K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Barry L Price Rehabilitation CenterUNRESTRICTED GENERAL | Newton Highlands, MA | $10K | 2023 |
| Beth Israel Deaconess Medical CenterUNRESTRICTED GENERAL | Boston, MA | $10K | 2023 |
| Amos HouseUNRESTRICTED GENERAL | Providence, RI | $5K | 2023 |
| School On Wheels Of Massachusetts IncUNRESTRICTED GENERAL | East Bridgewater, MA | $5K | 2023 |
| Lucy'S HearthUNRESTRICTED GENERAL | Middletown, RI | $5K | 2023 |
| Meals On Wheels Of Ri IncUNRESTRICTED GENERAL | Providence, RI | $5K | 2023 |
| City YearUNRESTRICTED GENERAL | Providence, RI | $5K | 2023 |
| East Bay Food PantryUNRESTRICTED GENERAL | Bristol, RI | $3K | 2023 |
| Rhode Island Community Food BankUNRESTRICTED GENERAL | Providence, RI | $3K | 2023 |