Lapidus Family Foundation
Lapidus Family Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in New York, NY. IRS filing data is available from 2022 through 2024. As of 2024, the organization holds $5.1M in total assets. In 2024, it awarded 13 grants totaling $285K. Net investment income was $320K.
Key facts about Lapidus Family Foundation
In short: Lapidus Family Foundation gave $285K across 13 grants in 2024 (avg $22K), mostly in New York. Source: 2024 IRS Form 990-PF.
- EIN
- 88-4373129
- Latest 990 filing
- Form 990-PF, 2024
- Annual giving (2024)
- $285,000
- Grants made (2024)
- 13
- Average grant
- $21,923
- Median grant
- $20,000
- Total assets
- $5,075,396
- Primary geography
- New York (66% of itemized 2024 grant dollars)
Data from IRS Form 990-PF, 2024; updated September 2026.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$5.1M
+0.7% YoY
Annual Giving
$285K
+45.0% YoY
Grant Count
13
-13.3% YoY
Avg Grant Size
$22K
+67.4% YoY
Under IRS private-foundation payout rules, Lapidus Family Foundation reported a distributable amount of $252K for 2024 — the minimum it must pay out in qualifying distributions.
How Lapidus Family Foundation gives
- 38% of 2024 grantees were also funded in 2023. Method
- In 2024 it paid out 113% of its IRS minimum distribution (the 5% rule). Method
Estimate from itemized grant lists in IRS Form 990-PF filings (2024). Recipient names are matched across years, so a renamed or misspelled grantee can look new; grants to individuals are left out. Methodology.
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
Share of all 13 itemized 2024 grant dollars.
Cities
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
28 grants across all recorded years
Giving History
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| Madison Square Park Conservancy New York, NY | GENERAL SUPPORT | $50,000 |
| Spark Youth New York, NY | GENERAL SUPPORT | $50,000 |
| UMass Amherst Foundation Amherst, MA | GENERAL SUPPORT | $50,000 |
| Delivering Good New York, NY | GENERAL SUPPORT | $28,000 |
| Central Synagogue New York, NY | GENERAL SUPPORT | $25,000 |
| Rene Moawad Foundation Washington, DC | GENERAL SUPPORT | $25,000 |
| University of Michigan Ann Arbor, MI | GENERAL SUPPORT | $20,000 |
| NYU Langone Health New York, NY | GENERAL SUPPORT | $10,000 |
| Ant-Defamation League New York, NY | GENERAL SUPPORT | $10,000 |
| Central Park Medical Unit New York, NY | GENERAL SUPPORT | $10,000 |
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $5,075,396 | $5,040,522 | $5,000,000 |
| Revenue | $327,124 | $245,106 | $5,000,000 |
| Expenses | $292,250 | $204,642 | — |
| Qualifying Distributions | $285,000 | $196,500 | — |
| Net Investment Income | $319,874 | $236,964 | — |
| Distributable Amount | $252,376 | $240,135 | $11,469 |
Data update history
When this profile's IRS filing data changed on Grantable
- IRS filings on file for fiscal years 2022–2024
Leadership & Key People
Officers and directors from IRS filings
Lapidus Family Foundation is led by CAROL C Lapidus, President on every filing since 2022 — the only officer listed, and uncompensated.
Officers on the 2024 filing
CAROL C Lapidus
President
On filings since 2022
No compensation reported
Data from IRS Form 990 filings, 2022–2024. "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 Lapidus Family Foundation
How much does Lapidus Family Foundation give each year?
Lapidus Family Foundation gave $285K across 13 grants in 2024, according to its 2024 IRS Form 990-PF. In 2023 it gave $197K across 15 grants.
What is Lapidus Family Foundation's typical grant size?
Lapidus Family Foundation's median grant in 2024 was $20,000, and its average grant was $21,923, across 13 grants on its 2024 IRS Form 990-PF.
Where does Lapidus Family Foundation give grants?
Lapidus Family Foundation gives mostly in New York: 66% of the grant dollars itemized on its 2024 IRS Form 990-PF went to recipients there. The next largest states were Massachusetts (18%) and District of Columbia (9%). The most frequent recipient cities were New York, NY (8 grants).
Does Lapidus Family Foundation give general operating support?
Yes: 100% of Lapidus Family Foundation's 2024 grants with a stated purpose (13 of 13) were for general or operating support, per its 2024 IRS Form 990-PF.
Who are Lapidus Family Foundation's largest grantees?
Lapidus Family Foundation's largest 2024 grantees include Madison Square Park Conservancy ($50,000), Spark Youth ($50,000) and UMass Amherst Foundation ($50,000), according to its 2024 IRS Form 990-PF. Together they received 53% of its itemized 2024 grant dollars.
How large is Lapidus Family Foundation?
Lapidus Family Foundation reported $5.1M in total assets on its 2024 IRS Form 990-PF. It paid out $285K in qualifying distributions that year, against a required minimum of $252K (roughly 5% of its investment assets).
What is Lapidus Family Foundation?
Lapidus Family Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in New York, NY. It holds $5.1M in total assets as of 2024.
What is Lapidus Family Foundation's EIN?
Lapidus Family Foundation's EIN (Employer Identification Number) is 88-4373129. IRS Form 990 filing data is available on this page for 2022–2024.
Data last updated September 2026. Sourced from IRS Form 990-PF filings.
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