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. 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.
Focus Areas
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| 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
Grant Insights
How this funder distributes its grants
Top Recipients
Top 10 recipients in 2024
Grant Size Distribution
61 grants across all recorded years
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).
| Recipient | Purpose | Amount |
|---|---|---|
| ANDERSON RANCH ARTS CENTER SNOWMASS VILLAGE, CO | GENERAL CHARITABLE PURPOSES | $25,560 |
| BLOCK CLUB CHICAGO CHICAGO, IL | GENERAL CHARITABLE PURPOSES | $20,000 |
| BUILDING BRIGHTER FUTURES CENTER FOR THE ARTS CHICAGO, IL | GENERAL CHARITABLE PURPOSES | $6,500 |
| CABINET OF CURIOSITY CHICAGO, IL | GENERAL CHARITABLE PURPOSES | $10,000 |
| CARE FOR REAL CHICAGO, IL | GENERAL CHARITABLE PURPOSES | $10,000 |
| GUARNERI CHICAGO, IL | GENERAL CHARITABLE PURPOSES | $10,000 |
| KMAC MUSEUM INC LOUISVILLE, KY | GENERAL CHARITABLE PURPOSES | $10,000 |
| LOCAL INDEPENDENT ONLINE NEWS PUBLISHERS INC WILMINGTON, DE | GENERAL CHARITABLE PURPOSES | $100,000 |
| ONE HOPE UNITED CHICAGO, IL | GENERAL CHARITABLE PURPOSES | $20,000 |
| READER INSTITUTE FOR COMMUNITY JOURNALISM CHICAGO, IL | GENERAL CHARITABLE PURPOSES | $25,000 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| PETER D GOTTLIEB | PRESIDENT | 2 | — |
| LISA NEWMAN | DIRECTOR | 1 | $4,500 |
| KATHLEEN WALSH | DIRECTOR | 1 | $4,500 |
| TERRY G CHAPMAN | ASST SECRETARY | 1 | — |
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.