Lambert Family Foundation
The Lambert Family Foundation is a private foundation based in New York, NY. Its 2024 filing describes grants to eligible educational institutions, organizations supporting women’s issues, and organizations serving poor and disadvantaged people.
Lambert Family Foundation at a glance
In short: Lambert Family Foundation gave $1.2M across 50 grants in 2024 (avg $24K), mostly in New York. 16% of 2024 grantees were new. Source: 2024 IRS Form 990-PF.
- Annual giving (2024)
- $1,211,067
- -5.1% vs 2023
- Grants made (2024)
- 50
- +4.2% vs 2023
- Average grant
- $24,221
- -8.9% vs 2023
- Median grant
- $11,000
- Total assets
- $2,300,102
- -27.7% vs 2023
- New grantees (estimate)
- 16% first-time grantees (8 of 50, 2024)
- Primary geography
- New York (78% of itemized 2024 grant dollars)
- Latest 990 filing
- Form 990-PF, 2024 View filing
Data from IRS Form 990-PF, 2024; updated October 2026. New grantees are estimated by matching recipient names across years (methodology).
How to apply to Lambert Family Foundation
- How to Apply
-
The filing lists a general letter format and names Bill, Sheila, and Phineas Lambert as trustees to contact. It states that the foundation does not restrict giving to preselected organizations. Grants are limited to the eligible organization types described above.
- Review Cycle
- None listed.
- Deadline
- None listed.
- Contact
Application contact: Bill Sheila Phineas Lambert Trustee
Mailing address: C/O Bessemer Trust 1271 Avenue Of, The Americas 42Nd Floor, New York, NY 10020-1401
Phone: (516) 508-9623
Application details from Grantable's research on the foundation's public materials; confirm on its website before applying.
Who Lambert Family Foundation funds
How this funder distributes its grants
Top Recipients
Top 10 recipients in 2024
The largest 2024 recipient was NYU Langone Health ($204K). Together the top 10 received $717K.
Grant Size Distribution
290 grants across all recorded years
The most common grant size was under $50K: 257 grants of 290 (89%).
Geographic Focus
Where this funder awards grants
In 2024, 78% of grant dollars went to recipients in New York, 11% to Illinois, 4% to Ohio, 3% to the District of Columbia, and 1% to Maryland.
Grant Distribution by State
Share of 2024 grant dollars across all 50 itemized grants.
States
Cities
Is Lambert Family Foundation open to new grantees?
16%
first-time grantees, 2024
In 2024, 8 of 50 grantees (16%) were first-time recipients. First grants averaged $6K; repeat grants $28K. How we count
Medians: $6K first-time, $19K repeat.
- 60% of 2024 grantees were also funded in 2023. Method
- Giving held roughly steady from 2021 to 2024 (−14%). Method
- In 2024 it paid out 161% of its IRS minimum distribution (the 5% rule). Method
Estimate from itemized grant lists in IRS Form 990-PF filings (2020–2024). Recipient names are matched across years, so a renamed or misspelled grantee can look new; grants to individuals are left out. Methodology.
Giving History
Giving Over Time
Total grant dollars and number of grants per year
From 2020 to 2024, annual grant giving ranged from $1.1M (2022) to $2.1M (2020). In 2024 it made 50 grants totaling $1.2M.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| NYU Langone Health New York, NY | General | $204,000 |
| Project Kesher Evanston, IL | General | $93,000 |
| JCC Manhattan New York, NY | General | $70,000 |
| Jerusalem Foundation Inc New York, NY | General | $60,000 |
| Whitney Museum of American Art New York, NY | General | $60,000 |
| Columbia University New York, NY | General | $50,000 |
| George Jackson Academy New York, NY | General | $50,000 |
| Wexner Center for the Arts Columbus, OH | General | $50,000 |
| Avodah the Jewish Service Corps New York, NY | General | $40,000 |
| Bottomless Closet Chicago, IL | General | $39,500 |
Ready to take the next step with Lambert Family Foundation?
Financial History
Multi-year comparison from IRS filings
| Filing year | Total Assets | Revenue | Expenses | Grants paid | Grants | Qualifying Distributions | Net Investment Income | Distributable Amount |
|---|---|---|---|---|---|---|---|---|
| 2024 | $2,300,102 | $389,826 | $1,271,232 | $1,211,067 | 50 | $1,216,217 | $340,433 | $755,075 |
| 2023 | $3,182,308 | $1,857,660 | $1,323,652 | $1,275,670 | 48 | $1,280,990 | $1,816,611 | $667,772 |
| 2022 | $2,648,762 | $1,868,008 | $1,163,056 | $1,145,332 | 54 | $1,150,652 | $1,459,725 | $912,449 |
| 2021 | $1,945,139 | $338,515 | $1,443,952 | $1,413,562 | 74 | $1,418,472 | $332,276 | $1,604,605 |
| 2020 | $3,050,576 | $1,492,180 | $2,092,248 | $2,072,783 | 64 | — | $1,482,226 | $1,221,691 |
Under IRS private-foundation payout rules, Lambert Family Foundation reported a distributable amount of $755K for 2024 — the minimum it must pay out in qualifying distributions.
Research compiled by Grantable AI from public sources. Last updated September 2026.
Mission & Focus Areas
The foundation’s 2024 filing limits grants to tax-exempt high schools, colleges, universities, and other educational institutions; tax-exempt organizations supporting women’s issues, including health education, civil rights, and civil liberties; and tax-exempt organizations providing health care, shelter, food, or other services to poor and disadvantaged people.
Examples of grantee activities include the Whitney Museum of American Art, which says it presents, collects, and inspires dialogue around U.S. art; George Jackson Academy, which describes itself as a needs-blind school for boys from low-income families; and AVODAH the Jewish Service Corps, which says it develops social justice leaders. Other 2024 grantees included the Jewish Museum, which says it collects, preserves, exhibits, and interprets art and Jewish culture, and JCC Global USA, which says it provides programs to assist Jewish community centers.
Grantmaking
In 2024, the foundation made 50 grants totaling $1,211,067. Grant amounts ranged from $1,000 to $204,000, with a median of $11,000.
Among its largest 2024 grants were $204,000 to NYU Langone Health; $93,000 to Project Kesher; $70,000 to JCC Manhattan; $60,000 each to the Jerusalem Foundation and the Whitney Museum of American Art; and $50,000 each to Columbia University, George Jackson Academy, and the Wexner Center for the Arts. Other listed grants included $40,000 to AVODAH the Jewish Service Corps, $39,500 to Bottomless Closet, $30,000 to Jewish Creativity International, and $27,097 to The Town School.
Leadership & Key People
Leadership team and compensation from IRS filings
The 2024 filing lists Bill Lambert, Sheila Lambert, and Phineas Lambert as co-trustees.
Lambert Family Foundation's 2024 filing lists 3 officers; none of the 3 officers listed in 2024 report compensation.
Officers on the 2024 filing
Bill Lambert
Co Trustee
On filings since 2020
10 hrs/week
No compensation reported
Phineas Lambert
Co Trustee
On filings since 2020
5 hrs/week
No compensation reported
Sheila Lambert
Co Trustee
On filings since 2020
10 hrs/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.
Frequently asked questions about Lambert Family Foundation
How much does Lambert Family Foundation give each year?
Lambert Family Foundation gave $1.2M across 50 grants in 2024, according to its 2024 IRS Form 990-PF. In 2023 it gave $1.3M across 48 grants.
What is Lambert Family Foundation's typical grant size?
Lambert Family Foundation's median grant in 2024 was $11,000, and its average grant was $24,221, across 50 grants on its 2024 IRS Form 990-PF. Organizations receiving their first grant from Lambert Family Foundation that year got $6K on average.
Where does Lambert Family Foundation give grants?
Lambert Family Foundation gives mostly in New York: 78% of the grant dollars itemized on its 2024 IRS Form 990-PF went to recipients there. The next largest state was Illinois (11%). The most frequent recipient cities were New York, NY (31 grants) and Washington, DC (4 grants).
Does Lambert Family Foundation give general operating support?
Yes: 100% of Lambert Family Foundation's 2024 grants with a stated purpose (50 of 50) were for general or operating support, per its 2024 IRS Form 990-PF.
Who are Lambert Family Foundation's largest grantees?
Lambert Family Foundation's largest 2024 grantees include NYU Langone Health ($204,000), Project Kesher ($93,000) and JCC Manhattan ($70,000), according to its 2024 IRS Form 990-PF. Together they received 30% of its itemized 2024 grant dollars.
How large is Lambert Family Foundation?
Lambert Family Foundation reported $2.3M in total assets on its 2024 IRS Form 990-PF. It paid out $1.2M in qualifying distributions that year, against a required minimum of $755K (roughly 5% of its investment assets).
What does Lambert Family Foundation fund?
The foundation’s 2024 filing limits grants to tax-exempt high schools, colleges, universities, and other educational institutions; tax-exempt organizations supporting women’s issues, including health education, civil rights, and civil liberties; and tax-exempt organizations providing health care, shelter, food, or other services to poor and disadvantaged people. See mission & focus areas ↑
How do I apply for a grant from Lambert Family Foundation?
The filing lists a general letter format and names Bill, Sheila, and Phineas Lambert as trustees to contact. Eligibility and process details are in the grantmaking section of this profile. See how to apply ↑
What is Lambert Family Foundation's EIN?
Lambert Family Foundation's EIN (Employer Identification Number) is 31-6665497. IRS Form 990 filing data is available on this page for 2020–2024.
Data last updated October 2026. Sourced from IRS Form 990-PF filings. Research dossier generated September 2026.
Data update history
(1)
When this profile's IRS filing data changed on Grantable
- IRS filings on file for fiscal years 2020–2024
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Cite this profile
Grantable. (2026). Lambert Family Foundation funder profile. GrantGraph. Retrieved October 12, 2026, from https://grantable.co/funders/lambert-family-foundation-morg_b70ad41e9beb47419780e8dbc74516b6
BibTeX
@misc{grantable_316665497_2026,
author = {{Grantable}},
title = {{Lambert Family Foundation funder profile}},
howpublished = {GrantGraph},
year = {2026},
url = {https://grantable.co/funders/lambert-family-foundation-morg_b70ad41e9beb47419780e8dbc74516b6},
note = {Accessed 2026-10-12. Data licensed CC BY 4.0}
}The figures on this page are open data under CC BY 4.0: reuse them with credit to Grantable and a link. Download the data.
Figures come from Lambert Family Foundation's IRS filings (methodology). AI-written summaries, news items and logos are not covered by the open licence. Spot an error? Email hello@grantable.co.
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