Jerome & Kenneth Lipper Foundation
Jerome & Kenneth Lipper Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in EAST HAMPTON, NY. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $617K in total assets. In 2024, it awarded 5 grants totaling $58K. Net investment income was $22K.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$617K
-8.2% YoY
Annual Giving
$58K
-44.2% YoY
Grant Count
5
-54.5% YoY
Avg Grant Size
$12K
+22.7% YoY
Under IRS private-foundation payout rules, Jerome & Kenneth Lipper Foundation reported a distributable amount of $30K for 2024 — the minimum it must pay out in qualifying distributions.
About Jerome & Kenneth Lipper Foundation
Based on IRS filings
Jerome & Kenneth Lipper Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in EAST HAMPTON, NY. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $617K in total assets. In 2024, it awarded 5 grants totaling $58K. Net investment income was $22K.
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 | $617,206 | $672,131 | $718,898 |
| Revenue | $21,928 | $66,219 | $-37,423 |
| Expenses | $76,853 | $111,305 | $76,538 |
| Qualifying Distributions | $58,425 | $109,973 | $66,475 |
| Net Investment Income | $21,823 | $64,887 | $7,507 |
| Distributable Amount | $29,556 | $29,006 | $33,936 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 5 recipients in 2024
Grant Size Distribution
44 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include Columbia Zuckerman Institute ($33,903), East Hampton Library ($20,322), World Affairs Council ($4,000).
| Recipient | Purpose | Amount |
|---|---|---|
| COLUMBIA ZUCKERMAN INSTITUTE NEW YORK, NY | GENERAL SUPPORT | $33,903 |
| EAST HAMPTON LIBRARY EAST HAMPTON, NY | GENERAL SUPPORT | $20,322 |
| UCLA HILLEL LOS ANGELES, CA | GENERAL SUPPORT | $100 |
| WIKIMEDIA FOUNDATION SAN FRANCISCO, CA | GENERAL SUPPORT | $100 |
| WORLD AFFAIRS COUNCIL SEATTLE, WA | GENERAL SUPPORT | $4,000 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| KENNETH LIPPER | TRUSTEE | 0.1 | — |
| JULIE WILCOX | TRUSTEE | 0.1 | — |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is Jerome & Kenneth Lipper Foundation?
Jerome & Kenneth Lipper Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in EAST HAMPTON, NY. It holds $617K in total assets as of 2024.
How large is Jerome & Kenneth Lipper Foundation?
As of 2024, Jerome & Kenneth Lipper Foundation holds $617K in total assets with $22K in annual revenue. It awarded 5 grants totaling $58K in 2024.
Where does Jerome & Kenneth Lipper Foundation operate?
Jerome & Kenneth Lipper Foundation has awarded grants in California, Connecticut, District of Columbia, Massachusetts, New Hampshire, New York, Washington.
What size grants does Jerome & Kenneth Lipper Foundation award?
In 2024, Jerome & Kenneth Lipper Foundation awarded 5 grants totaling $58K — an average of about $12K per grant, based on its IRS Form 990 filings.
How much is Jerome & Kenneth Lipper Foundation required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, Jerome & Kenneth Lipper Foundation reported a distributable amount of $30K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is Jerome & Kenneth Lipper Foundation's EIN?
Jerome & Kenneth Lipper Foundation's EIN (Employer Identification Number) is 13-7157260. IRS Form 990 filing data is available on this page for 2020–2024.
Explore Open Grants
Browse active grant opportunities in Jerome & Kenneth Lipper 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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