B C & Phyllis Lifshitz Foundation Tr

BROOKLYN, NY EIN: 11-6481171

B C & Phyllis Lifshitz Foundation Tr is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in BROOKLYN, NY. IRS filing data is available from 2022 through 2024. As of 2024, the organization holds $603K in total assets. In 2024, it awarded 2 grants totaling $3K. Net investment income was $26K.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$603K

+4.1% YoY

Annual Giving

$3K

-80.1% YoY

Grant Count

-50.0% YoY

Avg Grant Size

$2K

-60.2% YoY

Under IRS private-foundation payout rules, B C & Phyllis Lifshitz Foundation Tr reported a distributable amount of $64K for 2024 — the minimum it must pay out in qualifying distributions.

About B C & Phyllis Lifshitz Foundation Tr

Based on IRS filings

Focus Areas

Philanthropy, Voluntarism & Grantmaking

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

New York $142K (97%)

Michigan $2K (2%)

New Jersey $2K (1%)

States

Michigan New Jersey New York

Cities

BrooklynBroooklynCliftonOak ParkSouthfield

Financial History

Multi-year comparison from IRS filings

Revenue

Expenses

Qualifying Distributions

Net Investment Income

Metric	2024	2023	2022
Total Assets	$602,812	$579,053	$569,550
Revenue	$28,833	$31,552	$115,301
Expenses	$5,074	$18,592	$126,221
Qualifying Distributions	$3,390	$18,592	$126,221
Net Investment Income	$25,833	$18,467	$83,080
Distributable Amount	$63,893	$52,069	$64,864

Giving Over Time

Total grant dollars and number of grants per year

Grant Insights

How this funder distributes its grants

Top Recipients

Top 2 recipients in 2024

Grant Size Distribution

8 grants across all recorded years

Giving History

Grant recipients and amounts by year

Among its reported 2024 grants, the largest include Project Inspire ($2,190), Institute for Dayanim ($1,200).

Recipient	Purpose	Amount
PROJECT INSPIRE CLIFTON, NJ	CHARITABLE PURPOSE	$2,190
INSTITUTE FOR DAYANIM SOUTHFIELD, MI	CHARITABLE PURPOSE	$1,200

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

From 2024 filing

Name	Title	Hours	Compensation
BENJAMIN C LIFSHITZ	PRESIDENT	2	—

Subject Areas

Focus areas based on grantmaking activity

Philanthropy, Voluntarism & Grantmaking

Frequently Asked Questions

What is B C & Phyllis Lifshitz Foundation Tr?

B C & Phyllis Lifshitz Foundation Tr is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in BROOKLYN, NY. It holds $603K in total assets as of 2024.

How large is B C & Phyllis Lifshitz Foundation Tr?

As of 2024, B C & Phyllis Lifshitz Foundation Tr holds $603K in total assets with $29K in annual revenue. It awarded 2 grants totaling $3K in 2024.

Where does B C & Phyllis Lifshitz Foundation Tr operate?

B C & Phyllis Lifshitz Foundation Tr has awarded grants in Michigan, New Jersey, New York.

What size grants does B C & Phyllis Lifshitz Foundation Tr award?

In 2024, B C & Phyllis Lifshitz Foundation Tr awarded 2 grants totaling $3K — an average of about $2K per grant, based on its IRS Form 990 filings.

How much is B C & Phyllis Lifshitz Foundation Tr required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2024, B C & Phyllis Lifshitz Foundation Tr reported a distributable amount of $64K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.

What is B C & Phyllis Lifshitz Foundation Tr's EIN?

B C & Phyllis Lifshitz Foundation Tr's EIN (Employer Identification Number) is 11-6481171. IRS Form 990 filing data is available on this page for 2022–2024.