//
Marc Lipella Foundation is a private corporation based in HAGERSTOWN, MD. The foundation received its IRS ruling in 2014. It holds total assets of $5K. Annual income is reported at $13K. TO PROVIDE SCHOLARSHIPS TO WORTHY UNDERGRADUATE STUDENTS IN MEMORY OF MARC LIPELLA. According to available records, Marc Lipella Foundation has made 34 grants totaling $28K, with a median grant of $500. The foundation has distributed between $5K and $11K annually from 2020 to 2023. Grantmaking activity was highest in 2022 with $11K distributed across 12 grants. Individual grants have ranged from $250 to $3K, with an average award of $816.176. The foundation has supported 18 unique organizations. Grants have been distributed to organizations in Maryland and West Virginia. Contributions to this foundation are tax-deductible.
TO PROVIDE SCHOLARSHIPS TO WORTHY UNDERGRADUATE STUDENTS IN MEMORY OF MARC LIPELLA.
Expenses: $5K
TO PROVIDE SCHOLARSHIPS TO WORTHY UNDERGRADUATE STUDENTS IN MEMORY OF MARC LIPELLA. Based on available records, the foundation has funded 34 grants. Its grantmaking reaches organizations primarily in MD, WV.
Marc Lipella Foundation has distributed a total of $28K across 34 grants. The median grant size is $500, with an average of $816.176. Individual grants have ranged from $250 to $3K.
The application deadline is MAY 1ST. APPLICANTS ARE PREFERRED TO BE ATTENDING UNIVERSITY OF MARYLAND INSTITUTION.
Marc Lipella Foundation is headquartered in HAGERSTOWN, MD. While based in MD, the foundation distributes grants to organizations across 2 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Richard Lipella | PRESIDENT | $0 | $0 | $0 |
| Robert Lipella | VICE PRESIDE | $0 | $0 | $0 |
| Gayle Lipella | TREASURER | $0 | $0 | $0 |
| Michael Lipella | SECRETARY | $0 | $0 | $0 |
Total Giving
$9K
Total Assets
$6K
Fair Market Value
$6K
Net Worth
$6K
Grants Paid
$5K
Contributions
$450
Net Investment Income
$0
Distribution Amount
$0
Total Grants
34
Total Giving
$28K
Average Grant
$816.176
Median Grant
$500
Unique Recipients
18
Most Common Grant
$1K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| University Of Maryland College ParkCOLLEGE SCHOLARSHIP | College Park, MD | $2K | 2023 |
| Maggie HawbakerCOLLEGE SCHOLARSHIP | Hancock, MD | $1K | 2023 |
| Isabelle Ovalle-DominguezCOLLEGE SCHOLARSHIP | Clear Spring, MD | $500 | 2023 |
| Grace O'BerryCOLLEGE SCHOLARSHIP | Boonsboro, MD | $500 | 2023 |
| Max HudsonCOLLEGE SCHOLARSHIP | Hagerstown, MD | $500 | 2023 |
LAS VEGAS, NV
SARATOGA SPGS, NY
CORONADO, CA
LAKE FOREST, IL
KEY WEST, FL
| 2018 | 990PF | View |
| 2017 | 990PF | View |
| 2016 | 990PF | View |
| Hoffy PoffenbergerCOLLEGE SCHOLARSHIP | Hagerstown, MD | $500 | 2022 |
| Delaney PuttCOLLEGE SCHOLARSHIP | Eldersburg, MD | $500 | 2022 |
| Madison CoverCOLLEGE SCHOLARSHIP | Falling Waters, WV | $500 | 2022 |
| Delaney HouseCOLLEGE SCHOLARSHIP | Hagerstown, MD | $500 | 2022 |
| Kylie PuttCOLLEGE SCHOLARSHIP | Eldersburg, MD | $500 | 2022 |
| Colista WolfeCOLLEGE SCHOLARSHIP | Hagerstown, MD | $750 | 2021 |
| Caden ConradCOLLEGE SCHOLARSHIP | Clear Spring, MD | $750 | 2021 |
| Nicholas FaithCOLLEGE SCHOLARSHIP | Clear Spring, MD | $750 | 2021 |
| Ethan HiteshueCOLLEGE SCHOLARSHIP | Hagerstown, MD | $500 | 2021 |
| Julia EbersoleCOLLEGE SCHOLARSHIP | Hagerstown, MD | $500 | 2021 |
| Sarah TedrickCOLLEGE SCHOLARSHIP | Hagerstown, MD | $500 | 2020 |
| Katherine StoneCOLLEGE SCHOLARSHIP | Hagerstown, MD | $500 | 2020 |
| Skylar McdonoughCOLLEGE SCHOLARSHIP | Hagerstown, MD | $250 | 2020 |
© 2026 Granted AI