Carol Oppenheim and Jerome S Lamet

CHICAGO, IL EIN: 86-3914311

Carol Oppenheim and Jerome S Lamet is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in CHICAGO, IL. IRS filing data is available from 2021 through 2024. As of 2024, the organization holds $3.7M in total assets. In 2024, it awarded 26 grants totaling $434K. Net investment income was $123K.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$3.7M

-8.0% YoY

Annual Giving

$434K

+53.8% YoY

Grant Count

26

+4.0% YoY

Avg Grant Size

$17K

+47.9% YoY

Under IRS private-foundation payout rules, Carol Oppenheim and Jerome S Lamet reported a distributable amount of $210K for 2024 — the minimum it must pay out in qualifying distributions.

About Carol Oppenheim and Jerome S Lamet

Based on IRS filings

Carol Oppenheim and Jerome S Lamet is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in CHICAGO, IL. IRS filing data is available from 2021 through 2024. As of 2024, the organization holds $3.7M in total assets. In 2024, it awarded 26 grants totaling $434K. Net investment income was $123K.

Ready to take the next step with Carol Oppenheim and Jerome S Lamet?

Geographic Focus

Where this funder awards grants

Grant Distribution by State

10states
+2 more states

Cities

Ann ArborBonita SpringsChicagoCliftonCollege ParkDetroitLincolnwoodLouisvilleOak ParkRockfordSan FranciscoSeattleSkokieSnowmass VillageWilmingtonWinnetka

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$1M$2M$3M$4M2021202220232024
Metric202420232022
Total Assets$3,723,486$4,045,775$3,980,872
Revenue$157,645$382,991$4,035,722
Expenses$479,934$318,088$154,683
Qualifying Distributions$457,702$298,341$148,966
Net Investment Income$122,505$97,602$31,004
Distributable Amount$210,316$201,132$81,403

Giving Over Time

Total grant dollars and number of grants per year

$0$109K$217K$326K$434K0 grants202110 grants202225 grants202326 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 10 recipients in 2024

LOCAL INDEPENDENT ONLINE…$100KUNIVERSITY OF MICHIGAN$60KTHE DIGS CHICAGO$34KANDERSON RANCH ARTS CENTER$26KREADER INSTITUTE FOR COM…$25KCHICAGO DEFENDER CHARITIES$22KBLOCK CLUB CHICAGO$20KONE HOPE UNITED$20KTHE CHICAGO CENTER$15KNOBLE NETWORK OF SCHOOLS$14K

Grant Size Distribution

61 grants across all recorded years

58<$50K2$50–100K1$100–250K$250–500K$500K–1M$1–5M$5M+

Giving History

Grant recipients and amounts by year

Among its reported 2024 grants, the largest include Local Independent Online News Publishers Inc ($100,000), University of Michigan ($60,000), The Digs Chicago ($33,530).

RecipientPurposeAmount
ANDERSON RANCH ARTS CENTER SNOWMASS VILLAGE, COGENERAL CHARITABLE PURPOSES$25,560
BLOCK CLUB CHICAGO CHICAGO, ILGENERAL CHARITABLE PURPOSES$20,000
BUILDING BRIGHTER FUTURES CENTER FOR THE ARTS CHICAGO, ILGENERAL CHARITABLE PURPOSES$6,500
CABINET OF CURIOSITY CHICAGO, ILGENERAL CHARITABLE PURPOSES$10,000
CARE FOR REAL CHICAGO, ILGENERAL CHARITABLE PURPOSES$10,000
GUARNERI CHICAGO, ILGENERAL CHARITABLE PURPOSES$10,000
KMAC MUSEUM INC LOUISVILLE, KYGENERAL CHARITABLE PURPOSES$10,000
LOCAL INDEPENDENT ONLINE NEWS PUBLISHERS INC WILMINGTON, DEGENERAL CHARITABLE PURPOSES$100,000
ONE HOPE UNITED CHICAGO, ILGENERAL CHARITABLE PURPOSES$20,000
READER INSTITUTE FOR COMMUNITY JOURNALISM CHICAGO, ILGENERAL CHARITABLE PURPOSES$25,000

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

LISA NEWMANDIRECTOR$5KKATHLEEN WALSHDIRECTOR$5K

From 2024 filing

NameTitleHoursCompensation
PETER D GOTTLIEBPRESIDENT2
LISA NEWMANDIRECTOR1$4,500
KATHLEEN WALSHDIRECTOR1$4,500
TERRY G CHAPMANASST SECRETARY1

Subject Areas

Focus areas based on grantmaking activity

Frequently Asked Questions

What is Carol Oppenheim and Jerome S Lamet?

Carol Oppenheim and Jerome S Lamet is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in CHICAGO, IL. It holds $3.7M in total assets as of 2024.

How large is Carol Oppenheim and Jerome S Lamet?

As of 2024, Carol Oppenheim and Jerome S Lamet holds $3.7M in total assets with $158K in annual revenue. It awarded 26 grants totaling $434K in 2024.

Where does Carol Oppenheim and Jerome S Lamet operate?

Carol Oppenheim and Jerome S Lamet has awarded grants in California, Colorado, Delaware, Florida, Illinois, Kentucky, Maryland, Michigan, New Jersey, Washington.

What size grants does Carol Oppenheim and Jerome S Lamet award?

In 2024, Carol Oppenheim and Jerome S Lamet awarded 26 grants totaling $434K — an average of about $17K per grant, based on its IRS Form 990 filings.

How much is Carol Oppenheim and Jerome S Lamet required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2024, Carol Oppenheim and Jerome S Lamet reported a distributable amount of $210K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.

What is Carol Oppenheim and Jerome S Lamet's EIN?

Carol Oppenheim and Jerome S Lamet's EIN (Employer Identification Number) is 86-3914311. IRS Form 990 filing data is available on this page for 2021–2024.

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Data last updated April 2026. Sourced from IRS Form 990-PF filings.

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