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The Louis And Lini Lipton Foundation is a private corporation based in CHARLOTTESVLE, VA. The foundation received its IRS ruling in 2020. The principal officer is Citrin Cooperman Matthew Kuchinsk. It holds total assets of $2.2M. Annual income is reported at $408K. Total assets have grown from N/A in 2011 to $2.5M 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 2020 to 2023. According to available records, The Louis And Lini Lipton Foundation has made 3 grants totaling $1.3M, with a median grant of $500K. Annual giving has decreased from $1M in 2022 to $300K in 2023. Individual grants have ranged from $300K to $500K, with an average award of $433K. The foundation has supported 2 unique organizations. Grant recipients are concentrated in Ohio. 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.
The Louis And Lini Lipton Foundation 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 OH.
The Louis And Lini Lipton Foundation has distributed a total of $1.3M across 3 grants. The median grant size is $500K, with an average of $433K. Individual grants have ranged from $300K to $500K.
The Louis And Lini Lipton Foundation typically selects its grantees rather than accepting unsolicited proposals.
The Louis And Lini Lipton Foundation is headquartered in CHARLOTTESVLE, VA.
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| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Diana Lipton | DIRECTOR | $0 | $0 | N/A |
| Jacob Lipton | PRESIDENT, TREASURER | $0 | $0 | N/A |
| Jonah Lipton | VICE PRESIDENT | $0 | $0 | N/A |
Total Giving
$312K
Total Assets
$2.5M
Fair Market Value
$2.7M
Net Worth
$2.5M
Grants Paid
$300K
Contributions
N/A
Net Investment Income
$73K
Distribution Amount
$133K
Total Grants
3
Total Giving
$1.3M
Average Grant
$433K
Median Grant
$500K
Unique Recipients
2
Most Common Grant
$500K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Fidelity CharitableLIPTON FAMILY CHARITABLE FUND | Cincinnati, OH | $300K | 2023 |
| Lipton Family Charitable Gift FundTO BE USED FOR THE PURPOSE OF THE DONOR ADVISED FUND | Cincinatti, OH | $500K | 2022 |