Abbott B and Joan M Lipsky Fund

Foundation · Grantmaker Cedar Rapids, IA EIN: 42-6081470

Abbott B and Joan M Lipsky Fund is a nonprofit organization, based in Cedar Rapids, IA. IRS filing data is available from 2019 through 2024. In 2024, it awarded 27 grants totaling $59K.

Key facts about Abbott B and Joan M Lipsky Fund

EIN: 42-6081470
Latest 990 filing: Form 990-PF, 2024
Annual giving (2024): $59,025
Grants made (2024): 27
Average grant: $2,186
Median grant: $1,500
New grantees (estimate): 35% first-time grantees (9 of 26, 2024)
Primary geography: Utah (48% of itemized 2024 grant dollars)

Data from IRS Form 990-PF, 2024; updated September 2026. New grantees are estimated by matching recipient names across years (methodology).

Who Abbott B and Joan M Lipsky Fund funds

By grant dollars, the top recipient states for Abbott B and Joan M Lipsky Fund's 27 itemized 2024 grants were Utah (48%), Iowa (38%) and New York (5%). The most frequent recipient cities were Cedar Rapids, IA (8 grants), Salt Lake City, UT (7 grants), Iowa City, IA (2 grants) and Washington, DC (2 grants). 100% of grants with a stated purpose were for general or operating support.

Is Abbott B and Joan M Lipsky Fund open to new grantees?

35%

first-time grantees, 2024

In 2024, 9 of 26 grantees (35%) were first-time recipients. First grants averaged $1K; repeat grants $3K. How we count

Medians: $1K first-time, $2K repeat.

65% of 2024 grantees were also funded in 2023. Method
Giving grew 60% from 2021 to 2024. Method

Estimate from itemized IRS Form 990-PF grant lists (2019–2024). Recipient names are matched across years, so a renamed or misspelled grantee can look new; grants to individuals are left out. Methodology.

Next steps with Abbott B and Joan M Lipsky Fund

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Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

—

Annual Giving

$59K

+10.6% YoY

Grant Count

+28.6% YoY

Avg Grant Size

$2K

-14.0% YoY

About Abbott B and Joan M Lipsky Fund

Based on IRS filings

Abbott B and Joan M Lipsky Fund is a nonprofit organization, based in Cedar Rapids, IA. IRS filing data is available from 2019 through 2024. In 2024, it awarded 27 grants totaling $59K.

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

Utah $28K (48%)

Iowa $22K (38%)

New York $3K (5%)

District of Columbia $3K (4%)

Florida $2K (3%)

All other $2K (3%)

Share of all 27 itemized 2024 grant dollars.

States

District of Columbia Florida Iowa Illinois Massachusetts Maryland Michigan New York Utah Virginia Washington

Cities

Cedar RapidsSalt Lake CityIowa CityNew YorkSarasotaFrederickBradentonDes MoinesSeattleKaysvilleWashingtonLakewood RanchMarionAgawamAnn ArborArlingtonArlington HeightsBrooklynMount VernonNewton

Financial History

Multi-year comparison from IRS filings

Revenue

Expenses

Qualifying Distributions

Net Investment Income

Metric	2024	2023	2022
Total Assets	—	—	—
Revenue	—	—	—
Expenses	—	—	—
Qualifying Distributions	—	—	—
Net Investment Income	—	—	—
Distributable Amount	—	—	—

Data update history

When this profile's IRS filing data changed on Grantable

March 1, 2026 IRS filings on file for fiscal years 2019–2024

Giving Over Time

Total grant dollars and number of grants per year

Grant Insights

How this funder distributes its grants

Top Recipients

Top 10 recipients in 2024

Grant Size Distribution

105 grants across all recorded years

Giving History

Grant recipients and amounts by year

Among its reported 2024 grants, the largest recipients include Mercy Foundation ($10,000), Congregation Kol Ami ($8,420), Utah Stands with Israel ($5,000).

Recipient	Purpose	Amount
MERCY FOUNDATION Cedar Rapids, IA	GENERAL OPERATING NEED	$10,000
CONGREGATION KOL AMI Salt Lake City, UT	GENERAL OPERATING NEEDS	$8,420
UTAH STANDS WITH ISRAEL Salt Lake City, UT	GENERAL OPERATING NEEDS	$5,000
THE OTHER SIDE VILLAGE Salt Lake City, UT	GENERAL SCHOLARSHIP FUND	$5,000
SALT LAKE CITY ROTARY FOUNDATION Kaysville, UT	GENERAL OPERATIONS	$3,000
UTAH OPERA SYMPHONY Salt Lake City, UT	GENERAL OPERATING NEEDS	$3,000
BALLET WEST Salt Lake City, UT	GERAL OPERATING NEEDS	$2,500
I-CLUB FUND Iowa City, IA	GENERAL OPERATING NEEDS	$2,400
CEDAR RAPIDS LIBRARY FOUNDATION Cedar Rapids, IA	GENERAL OPERATING NEEDS	$2,000
TEMPLE JUDAH Cedar Rapids, IA	GENERAL OPERATING FUNDS	$2,000

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

No officer or director reported compensation in the available filings.

From 2024 IRS filing

Name	Title	Hours	Compensation
Ann M Lipsky	Trustee	—	—

Frequently Asked Questions

Where does Abbott B and Joan M Lipsky Fund operate?

Abbott B and Joan M Lipsky Fund has awarded grants in District of Columbia, Florida, Iowa, Illinois, Massachusetts, Maryland, Michigan, New York, Utah, Virginia, Washington.

What size grants does Abbott B and Joan M Lipsky Fund award?

In 2024, Abbott B and Joan M Lipsky Fund awarded 27 grants totaling $59K — an average of about $2K per grant, based on its IRS Form 990 filings.

What is Abbott B and Joan M Lipsky Fund's EIN?

Abbott B and Joan M Lipsky Fund's EIN (Employer Identification Number) is 42-6081470. IRS Form 990 filing data is available on this page for 2019–2024.