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Nihla And Bob Lapidus Foundation Inc. is a private corporation based in PONTE VEDRA, FL. The foundation received its IRS ruling in 1996. The principal officer is % Rober Lapidus. It holds total assets of $1.1M. Annual income is reported at $192K. The foundation operates in the area of education. According to available records, Nihla And Bob Lapidus Foundation Inc. has made 28 grants totaling $135K, with a median grant of $3K. Annual giving has decreased from $88K in 2022 to $47K in 2023. Individual grants have ranged from $524 to $15K, with an average award of $5K. The foundation has supported 16 unique organizations. The foundation primarily supports organizations in Connecticut, Tennessee, Massachusetts, which account for 75% of all grants. Grantmaking reaches organizations across 6 states. Contributions to this foundation are tax-deductible.
Nihla And Bob Lapidus Foundation Inc. primarily funds organizations in the area of education. Based on available records, the foundation has funded 28 grants. Its grantmaking reaches organizations primarily in CT, TN, MA.
Nihla And Bob Lapidus Foundation Inc. has distributed a total of $135K across 28 grants. The median grant size is $3K, with an average of $5K. Individual grants have ranged from $524 to $15K.
THE FOUNDATION WILL PROVIDE GRANTS TO CHARITABLE ORGANIZATIONS AS IT SEES FIT, SUPPORTING EDUCATION, RELIGIOUS COMMUNITIES AND MEDICAL FACILITIES. AWARDS WILL ALSO BE MADE TO PROVIDE SCHOLARSHIPS TO STUDENTS IN THE COMMUNITY FOR EDUCATION AT ALL LEVELS.
Nihla And Bob Lapidus Foundation Inc. is headquartered in PONTE VEDRA, FL. While based in FL, the foundation distributes grants to organizations across 6 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Rosalie Scarrozzo | SECRETARY | $52K | $0 | $52K |
| Marc Lapidus | CO-PRESIDENT | $0 | $0 | $0 |
| David Lapidus | CO-PRESIDENT | $0 | $0 | $0 |
Total Giving
$114K
Total Assets
$1.1M
Fair Market Value
$1.8M
Net Worth
$1.1M
Grants Paid
$47K
Contributions
$0
Net Investment Income
$211K
Distribution Amount
$79K
Total Grants
28
Total Giving
$135K
Average Grant
$5K
Median Grant
$3K
Unique Recipients
16
Most Common Grant
$1K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Middlesex HospitalGENERAL FUND | Middletown, CT | $15K | 2023 |
| St JudeGENERAL FUND | New York, NY | $3K | 2023 |
| Anti-Defamation LeagueGENERAL FUND | New York, NY | $524 | 2022 |
| Manchester Community CollegeGENERAL FUND | Manchester, CT | $10K | 2023 |
| Rushford Center |
| 2018 | 990PF | View |
| 2017 | 990PF | View |
| 2016 | 990PF | View |
| Glastonbury, CT |
| $8K |
| 2023 |
| Congregation Adath IsraelGENERAL FUND | Middletown, CT | $5K | 2023 |
| American Civil Liberties Union - MaGENERAL FUND | Boston, MA | $2K | 2023 |
| Pine Street InnGENERAL FUNDGENERAL FUND | Boston, MA | $2K | 2023 |
| Planned ParenthoodGENERAL FUND | West Hartford, CT | $662 | 2023 |
| The Nature ConservancyGENERAL FUND | New Haven, CT | $618 | 2023 |
| American Civil Liberties Union - CtGENERAL FUND | Hartford, CT | $618 | 2023 |
| Middlesex Community College FoundationGENERAL FUND | Middletown, CT | $10K | 2022 |
| St Jude Children'S Research HospitalGENERAL FUND | Memphis, TN | $3K | 2022 |
| HealthwellGENERAL FUND | Buckeystown, MD | $991 | 2022 |
| Equal Justice InitiativeGENERAL FUND | Montgomery, AL | $991 | 2022 |
| Union Of Concerned ScientistsGENERAL FUNDGENERAL FUND | Cambridge, MA | $529 | 2022 |
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