Ip Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in LAWRENCE, NY. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $494K in total assets. In 2024, it awarded 61 grants totaling $99K. Net investment income was $77K.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$494K
+21.4% YoY
Annual Giving
$99K
+59.8% YoY
Grant Count
61
+22.0% YoY
Avg Grant Size
$2K
+31.0% YoY
Under IRS private-foundation payout rules, Ip Foundation reported a distributable amount of $772 for 2024 — the minimum it must pay out in qualifying distributions.
About Ip Foundation
Based on IRS filings
Ip Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in LAWRENCE, NY. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $494K in total assets. In 2024, it awarded 61 grants totaling $99K. Net investment income was $77K.
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 | $493,581 | $406,520 | $312,448 |
| Revenue | $222,533 | $69,536 | $38,346 |
| Expenses | $100,537 | $64,950 | $46,120 |
| Qualifying Distributions | $99,188 | $64,512 | $45,900 |
| Net Investment Income | $77,327 | $11,754 | $9,592 |
| Distributable Amount | $772 | $1,312 | $1,326 |
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
242 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include Chabad of the 5 Towns ($6,500), Achiezer ($5,600), Cong Kzmmbm ($5,350).
| Recipient | Purpose | Amount |
|---|---|---|
| A TIME BROOKLYN, NY | GENERAL SUPPORT PURPOSES | $460 |
| ACHIEZER LAWRENCE, NY | GENERAL SUPPORT PURPOSES | $5,600 |
| AGUDAS ISRAEL OF WEST LAWRENCE FAR ROCKAWAY, NY | GENERAL SUPPORT PURPOSE | $360 |
| AMERICAN FRIENDS OF MAGEN DAVID ADOM NEW YORK, NY | GENERAL SUPPORT PURPOSES | $360 |
| AMERICAN FRIENDS OF MEIR PANIM BROOKLYN, NY | GENERAL SUPPORT PURPOSES | $600 |
| AMERICAN FRIENDS OF YAD ELIEZER BROOKLYN, NY | GENERAL SUPPORT PURPOSES | $100 |
| BAMBI BROOKLYN, NY | GENERAL SUPPORT PURPOSES | $432 |
| BIKUR CHOLIM LAWRENCE, NY | GENERAL SUPPORT PURPOSES | $680 |
| BNOS BAIS YAAKOV FAR ROCKAWAY, NY | GENERAL SUPPORT PURPOSES | $3,600 |
| CHABAD OF THE 5 TOWNS CEDARHURST, NY | GENERAL SUPPORT PURPOSES | $6,500 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| EVAN POCKRISS | PRESIDENT | 8 | — |
| PHILIP POCKRISS | VICE PRESIDENT | 1 | — |
| LISA BLACK | SECRETARY | 1 | — |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is Ip Foundation?
Ip Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in LAWRENCE, NY. It holds $494K in total assets as of 2024.
How large is Ip Foundation?
As of 2024, Ip Foundation holds $494K in total assets with $223K in annual revenue. It awarded 61 grants totaling $99K in 2024.
Where does Ip Foundation operate?
Ip Foundation has awarded grants in Florida, Illinois, Michigan, New Jersey, New York, Oklahoma.
What size grants does Ip Foundation award?
In 2024, Ip Foundation awarded 61 grants totaling $99K — an average of about $2K per grant, based on its IRS Form 990 filings.
How much is Ip Foundation required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, Ip Foundation reported a distributable amount of $772 on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is Ip Foundation's EIN?
Ip Foundation's EIN (Employer Identification Number) is 20-5795702. IRS Form 990 filing data is available on this page for 2020–2024.
Explore Open Grants
Browse active grant opportunities in Ip Foundation's focus areas in our free grants database
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.
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