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Lipkin Family Foundation is a private trust based in PARAMUS, NJ. The foundation received its IRS ruling in 1995. The principal officer is % Valley National Bank Ttee. It holds total assets of $513K. Annual income is reported at $341K. The foundation operates in the area of philanthropy & grantmaking. According to available records, Lipkin Family Foundation has made 40 grants totaling $307K, with a median grant of $3K. Annual giving has grown from $98K in 2021 to $209K in 2022. Individual grants have ranged from $500 to $56K, with an average award of $8K. The foundation has supported 18 unique organizations. The foundation primarily supports organizations in New York, Florida, New Jersey, which account for 68% of all grants. Grantmaking reaches organizations across 8 states. Contributions to this foundation are tax-deductible.
Lipkin Family Foundation primarily funds organizations in the area of philanthropy & grantmaking. Based on available records, the foundation has funded 40 grants. Its grantmaking reaches organizations primarily in NY, FL, NJ.
Lipkin Family Foundation has distributed a total of $307K across 40 grants. The median grant size is $3K, with an average of $8K. Individual grants have ranged from $500 to $56K.
Lipkin Family Foundation typically selects its grantees rather than accepting unsolicited proposals.
Lipkin Family Foundation is headquartered in PARAMUS, NJ. While based in NJ, the foundation distributes grants to organizations across 8 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Valley National Bank Trust | CO-TRUSTEE | $2K | $0 | $2K |
| Linda Lipkin | CO-TRUSTEE | $0 | $0 | $0 |
| Pamela Lipkin Sauertig | CO-TRUSTEE | $0 | $0 | $0 |
| Jeffrey Lipkin | CO-TRUSTEE | $0 | $0 | $0 |
| Gerald Lipkin | CO-TRUSTEE | $0 | $0 | $0 |
Total Giving
$93K
Total Assets
$366K
Fair Market Value
$604K
Net Worth
$366K
Grants Paid
$90K
Contributions
$0
Net Investment Income
$62K
Distribution Amount
$27K
Total Grants
40
Total Giving
$307K
Average Grant
$8K
Median Grant
$3K
Unique Recipients
18
Most Common Grant
$1K
of 2022 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Sparks FoundationUNRESTRICTED GENERAL | Mohnton, PA | $500 | 2021 |
| Memorial Sloan-Kettering Cancer CenterUNRESTRICTED - GENERAL | New York, NY | $56K | 2022 |
| Admirals Cove FoundationGENERAL FUND | Jupiter, FL | $17K | 2022 |
| Cure Breast Cancer FoundationUNRESTRICTED GENERAL | Clifton, NJ | $7K | 2022 |
| The University Of Texas At AustinUNRESTRICTED GENERAL | Austin, TX | $6K |
| 2018 | 990PF | View |
| 2017 | 990PF | View |
| 2016 | 990PF | View |
| 2022 |
| Jewish Federation Of Palm BeachUNRESTRICTED - GENERAL | West Palm Beach, FL | $5K | 2022 |
| Congregation B'NaiUNRESTRICTED GENERAL | Short Hills, NJ | $4K | 2022 |
| Care Gift CenterUNRESTRICTED GENERAL | Merryfield, VA | $3K | 2022 |
| Pine Brook Jewish CenterUNRESTRICTED GENERAL | Montville, NJ | $3K | 2022 |
| Global Lyme AllianceUNRESTRICTED GENERAL | New York, NY | $2K | 2022 |
| Jewish Federation Of Greater MetrowestUNRESTRICTED GENERAL | Whippany, NJ | $750 | 2022 |
| Lupus Research AllianceUNRESTRICTED GENERAL | New York, NY | $500 | 2022 |
| Cooperman Barnabas Medical CenterUNRESTRICTED GENERAL | Oceanport, NJ | $500 | 2022 |
| Lunar TidesUNRESTRICTED GENERAL | Scranton, PA | $500 | 2022 |
| Charcot-Marie-Tooth AssociationUNRESTRICTED GENERAL | Glenolden, PA | $500 | 2022 |
| Kleine-Levin Syndrome Foundation IncUNRESTRICTED - GENERAL | San Jose, CA | $1K | 2021 |
| National Brain Tumor SocietyUNRESTRICTED - GENERAL | Newton, MA | $500 | 2021 |
| Birthright Israel FoundationUNRESTRICTED GENERAL | New York, NY | $500 | 2021 |
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