Lazbridge Foundation

NEW YORK, NY EIN: 61-1707183

Lazbridge Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in NEW YORK, NY. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $355K in total assets. In 2024, it awarded 2 grants totaling $85K. Net investment income was $17K.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$355K

-16.1% YoY

Annual Giving

$85K

-2.3% YoY

Grant Count

-33.3% YoY

Avg Grant Size

$43K

+46.6% YoY

Under IRS private-foundation payout rules, Lazbridge Foundation reported a distributable amount of $20K for 2024 — the minimum it must pay out in qualifying distributions.

About Lazbridge Foundation

Based on IRS filings

Focus Areas

Philanthropy, Voluntarism & Grantmaking

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

New York $432K (100%)

States

New York

Cities

New York

Financial History

Multi-year comparison from IRS filings

Revenue

Expenses

Qualifying Distributions

Net Investment Income

Metric	2024	2023	2022
Total Assets	$354,562	$422,754	$496,403
Revenue	$19,265	$15,755	$1,031
Expenses	$87,457	$89,404	$172,498
Qualifying Distributions	$85,000	$87,000	$170,000
Net Investment Income	$16,808	$13,351	—
Distributable Amount	$20,372	$24,066	$29,246

Giving Over Time

Total grant dollars and number of grants per year

Grant Insights

How this funder distributes its grants

Top Recipients

Top 2 recipients in 2024

Grant Size Distribution

11 grants across all recorded years

Giving History

Grant recipients and amounts by year

Among its reported 2024 grants, the largest include The Brearley School ($45,000), Ethical Culture Fieldstone School ($40,000).

Recipient	Purpose	Amount
ETHICAL CULTURE FIELDSTONE SCHOOL NEW YORK, NY	UNRESTRICTED	$40,000
THE BREARLEY SCHOOL NEW YORK, NY	UNRESTRICTED	$45,000

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

From 2024 filing

Name	Title	Hours	Compensation
ILENE S LEFCOURT	PRESIDENT	0.25	—
JEFFREY LEFCOURT	VICE PRESIDENT/SECRETARY	0.25	—
KAREN LEFCOURT-TAYLOR	VICE PRESIDENT/TREASURER	0.25	—

Subject Areas

Focus areas based on grantmaking activity

Philanthropy, Voluntarism & Grantmaking

Frequently Asked Questions

What is Lazbridge Foundation?

Lazbridge Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in NEW YORK, NY. It holds $355K in total assets as of 2024.

How large is Lazbridge Foundation?

As of 2024, Lazbridge Foundation holds $355K in total assets with $19K in annual revenue. It awarded 2 grants totaling $85K in 2024.

Where does Lazbridge Foundation operate?

Lazbridge Foundation has awarded grants in New York.

What size grants does Lazbridge Foundation award?

In 2024, Lazbridge Foundation awarded 2 grants totaling $85K — an average of about $43K per grant, based on its IRS Form 990 filings.

How much is Lazbridge Foundation required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2024, Lazbridge Foundation reported a distributable amount of $20K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.