Fifth Child Foundation

Foundation · Grantmaker Manhasset, NY EIN: 11-3641585

Fifth Child Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in Manhasset, NY. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $47K in total assets. In 2024, it awarded 1 grant totaling $12K. Net investment income was $26.

Key facts about Fifth Child Foundation

EIN: 11-3641585
Latest 990 filing: Form 990-PF, 2024
Annual giving (2024): $11,677
Grants made (2024): 1
Average grant: $11,677
Median grant: $11,677
Total assets: $47,355
Primary geography: New York (100% of itemized 2024 grant dollars)

Data from IRS Form 990-PF, 2024; updated September 2026.

How Fifth Child Foundation gives

Giving held roughly steady from 2021 to 2024 (+6%). Method
In 2024 it paid out 405% of its IRS minimum distribution (the 5% rule). Method

From the foundation's IRS Form 990-PF filings. Methodology.

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Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$47K

-22.0% YoY

Annual Giving

$12K

+94.6% YoY

Grant Count

-50.0% YoY

Avg Grant Size

$12K

+289.2% YoY

Under IRS private-foundation payout rules, Fifth Child Foundation reported a distributable amount of $3K for 2024 — the minimum it must pay out in qualifying distributions.

About Fifth Child Foundation

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 $12K (100%)

Share of all 1 itemized 2024 grant dollars.

States

New York

Cities

New YorkManhassetPoughkeepsie

Financial History

Multi-year comparison from IRS filings

Revenue

Expenses

Qualifying Distributions

Net Investment Income

Metric	2024	2023	2022
Total Assets	$47,355	$60,731	$67,511
Revenue	$26	$26	$35
Expenses	$13,402	$6,806	$7,565
Qualifying Distributions	$11,677	$6,000	$7,500
Net Investment Income	$26	$26	$35
Distributable Amount	$2,885	$3,223	$3,547

Data update history

When this profile's IRS filing data changed on Grantable

March 2, 2026 IRS filings on file for fiscal years 2020–2024

Giving Over Time

Total grant dollars and number of grants per year

Grant Insights

How this funder distributes its grants

Top Recipients

Top 1 recipients in 2024

Grant Size Distribution

7 grants across all recorded years

Giving History

Grant recipients and amounts by year

Among its reported 2024 grants, the largest recipients include Snack & Friends Inc ($11,677).

Recipient	Purpose	Amount
SNACK & FRIENDS INC New York, NY	TO FURTHER THE WORK OF ORGANIZATION	$11,677

Leadership & Key People

Officers and directors from IRS filings

Fifth Child Foundation is led by Mary Lepore, President on every filing since 2020; none of the 5 officers listed in 2024 report compensation.

Officers on the 2024 filing

Mary Lepore

President

On filings since 2020

5 hrs/week

No compensation reported
Anthony Lepore

Vice President

On filings since 2020

1 hr/week

No compensation reported
Eleanor Androulidakis

Vice President

On filings since 2020

1 hr/week

No compensation reported
Gabriella Gaspar

Treasurer

On filings since 2020

3 hrs/week

No compensation reported
Louise Lepore

Vice President

On filings since 2020

1 hr/week

No compensation reported

Data from IRS Form 990 filings, 2020–2024. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.

Subject Areas

Focus areas based on grantmaking activity

Philanthropy, Voluntarism & Grantmaking

Frequently Asked Questions

What is Fifth Child Foundation?

Fifth Child Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in Manhasset, NY. It holds $47K in total assets as of 2024.

How large is Fifth Child Foundation?

As of 2024, Fifth Child Foundation holds $47K in total assets with $26 in annual revenue. It awarded 1 grant totaling $12K in 2024.

Where does Fifth Child Foundation operate?

Fifth Child Foundation has awarded grants in New York.

What size grants does Fifth Child Foundation award?

In 2024, Fifth Child Foundation awarded 1 grant totaling $12K — an average of about $12K per grant, based on its IRS Form 990 filings.

How much is Fifth Child Foundation required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2024, Fifth Child Foundation reported a distributable amount of $3K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.