L&l Foundation is a private foundation focused on Arts and culture, based in ARMONK, NY. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $7.2M in total assets. In 2024, it awarded 12 grants totaling $400K. Net investment income was $711K.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$7.2M

+3.3% YoY

Annual Giving

$400K

-3.6% YoY

Grant Count

12

+0.0% YoY

Avg Grant Size

$33K

-3.6% YoY

Under IRS private-foundation payout rules, L&l Foundation reported a distributable amount of $525K for 2024 — the minimum it must pay out in qualifying distributions.

About L&l Foundation

Based on IRS filings

L&l Foundation is a private foundation focused on Arts and culture, based in ARMONK, NY. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $7.2M in total assets. In 2024, it awarded 12 grants totaling $400K. Net investment income was $711K.

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

3states

Cities

BrooklynGarden City ParkLong Island CityMemphisNew YorkSouthamptonWellesly Hills

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$461K$922K$1M$2M20202021202220232024
Metric202420232022
Total Assets$7,155,075$6,929,651$6,796,411
Revenue$795,100$701,753$453,904
Expenses$569,676$568,513$600,463
Qualifying Distributions$478,048$488,230$484,939
Net Investment Income$710,771$621,470$372,564
Distributable Amount$524,891$475,756$490,066

Giving Over Time

Total grant dollars and number of grants per year

$0$104K$208K$311K$415K11 grants202011 grants202112 grants202212 grants202312 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 10 recipients in 2024

St Bartholomew's Episoco…$125KBoomer Esiason Foundation$30KFriends of the Children …$30KNational Foundation for …$30KPartners with Children Inc$30KPursuit Transformation C…$30KThe JED Foundation$30KSt Jude Children's Resea…$25KAlzheimer's Foundation o…$20KCure Alzheimer Fund$20K

Grant Size Distribution

58 grants across all recorded years

53<$50K$50–100K5$100–250K$250–500K$500K–1M$1–5M$5M+

Giving History

Grant recipients and amounts by year

Among its reported 2024 grants, the largest include St Bartholomew's Episocopal Church ($125,000), Boomer Esiason Foundation ($30,000), Friends of the Children New York ($30,000).

RecipientPurposeAmount
Alzheimer's Foundation of America NEW YORK, NYCHARITABLE CONTRIBUTION - GENERAL OPERATIONS$20,000
Boomer Esiason Foundation GARDEN CITY PARK, NYCHARITABLE CONTRIBUTION - GENERAL OPERATIONS$30,000
Cure Alzheimer Fund WELLESLY HILLS, MACHARITABLE CONTRIBUTION - GENERAL OPERATIONS$20,000
Friends of the Children New York NEW YORK, NYCHARITABLE CONTRIBUTION - GENERAL OPERATIONS$30,000
Memorial Sloan Kettering Cancer Center NEW YORK, NYCHARITABLE CONTRIBUTION - GENERAL OPERATIONS$20,000
National Foundation for Facial Reconstruction NEW YORK, NYCHARITABLE CONTRIBUTION - GENERAL OPERATIONS$30,000
Partners with Children Inc NEW YORK, NYCHARITABLE CONTRIBUTION - GENERAL OPERATIONS$30,000
Pursuit Transformation Company Inc LONG ISLAND CITY, NYCHARITABLE CONTRIBUTION - GENERAL OPERATIONS$30,000
SOUTHAMPTON FRESH AIR HOME SOUTHAMPTON, NYCHARITABLE CONTRIBUTION - GENERAL OPERATIONS$10,000
St Bartholomew's Episocopal Church NEW YORK, NYCHARITABLE CONTRIBUTION - GENERAL OPERATIONS$125,000

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

PAMELA J CARRVICE PRES., TREASURER & DIRE…$24KPAUL DEGAETANOVICE PRES., ASST. TRES. & DI…$24KRAYMOND L VANDENBERGPRESIDENT & DIRECTOR$24K

From 2024 filing

NameTitleHoursCompensation
PAMELA J CARRVICE PRES., TREASURER & DIRECTOR3$24,000
PAUL DEGAETANOVICE PRES., ASST. TRES. & DIRECTOR3$24,000
RAYMOND L VANDENBERGPRESIDENT & DIRECTOR3$24,000

Subject Areas

Focus areas based on grantmaking activity

Frequently Asked Questions

What is L&l Foundation?

L&l Foundation is a private foundation focused on Arts and culture, based in ARMONK, NY. It holds $7.2M in total assets as of 2024.

How large is L&l Foundation?

As of 2024, L&l Foundation holds $7.2M in total assets with $795K in annual revenue. It awarded 12 grants totaling $400K in 2024.

Where does L&l Foundation operate?

L&l Foundation has awarded grants in Massachusetts, New York, Tennessee.

What size grants does L&l Foundation award?

In 2024, L&l Foundation awarded 12 grants totaling $400K — an average of about $33K per grant, based on its IRS Form 990 filings.

How much is L&l Foundation required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2024, L&l Foundation reported a distributable amount of $525K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.

What is L&l Foundation's EIN?

L&l Foundation's EIN (Employer Identification Number) is 13-6155758. IRS Form 990 filing data is available on this page for 2020–2024.

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Data last updated April 2026. Sourced from IRS Form 990-PF filings.

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