Also known as: FOUNDATION INC C/O THE LEFRAK TRUST CO
Work at this foundation?
Claim this profile to manage it and see interest from grant seekers.
Harrison T Lefrak Charitable Foundation Inc. is a private corporation based in WILMINGTON, DE. The foundation received its IRS ruling in 2001. The principal officer is Harrison T Lefrak. It holds total assets of $3.8M. Annual income is reported at $2.8M. Total assets have grown from $735 in 2011 to $2.4M 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. According to available records, Harrison T Lefrak Charitable Foundation Inc. has made 3 grants totaling $520K, with a median grant of $10K. Annual giving has grown from $10K in 2020 to $500K in 2023. Individual grants have ranged from $10K to $500K, with an average award of $173K. The foundation has supported 2 unique organizations. Grant recipients are concentrated in New York. Contributions to this foundation are tax-deductible.
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.
Harrison T Lefrak Charitable Foundation Inc. primarily funds organizations in the area of philanthropy & grantmaking. Based on available records, the foundation has funded 3 grants. Its grantmaking reaches organizations primarily in NY.
Harrison T Lefrak Charitable Foundation Inc. has distributed a total of $520K across 3 grants. The median grant size is $10K, with an average of $173K. Individual grants have ranged from $10K to $500K.
Harrison T Lefrak Charitable Foundation Inc. typically selects its grantees rather than accepting unsolicited proposals.
Harrison T Lefrak Charitable Foundation Inc. is headquartered in WILMINGTON, DE.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Linda Durso End 112022 | TREASURER | $0 | $0 | N/A |
| Brian Mclean | DIRECTOR & SECRETARY | $0 | $0 | N/A |
| Thomas A Varley | DIRECTOR & PRESIDENT | $0 | $0 | N/A |
Total Giving
$506K
Total Assets
$2.4M
Fair Market Value
$2.5M
Net Worth
$2.4M
Grants Paid
$500K
Contributions
$2.7M
Net Investment Income
$90K
Distribution Amount
$111K
Total: N/A
Total Grants
3
Total Giving
$520K
Average Grant
$173K
Median Grant
$10K
Unique Recipients
2
Most Common Grant
$10K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| New York Presbyterian FundRELIGIOUS, CHARITABLE, SCIENTIFIC, LITERARY OR EDUCATIONAL PURPOSES | New York, NY | $500K | 2023 |
| Columbia Business SchoolRELIGIOUS, CHARITABLE, SCIENTIFIC, LITERARY OR EDUCATIONAL PURPOSES | New York, NY | $10K | 2021 |