Lester and Phyllis Epstein Foundation Inc

NEW YORK, NY EIN: 82-1912764

Lester and Phyllis Epstein Foundation Inc 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 $3.2M in total assets. In 2024, it awarded 26 grants totaling $166K. Net investment income was $25K.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$3.2M

-2.8% YoY

Annual Giving

$166K

-2.1% YoY

Grant Count

26

-3.7% YoY

Avg Grant Size

$6K

+1.7% YoY

Under IRS private-foundation payout rules, Lester and Phyllis Epstein Foundation Inc reported a distributable amount of $160K for 2024 — the minimum it must pay out in qualifying distributions.

About Lester and Phyllis Epstein Foundation Inc

Based on IRS filings

Lester and Phyllis Epstein Foundation Inc 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 $3.2M in total assets. In 2024, it awarded 26 grants totaling $166K. Net investment income was $25K.

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

6states

Cities

AccordAshlandBellevueBenningtonBrooklynDelmarKingstonNew OrleansNew PaltzNew YorkOssiningPortlandPoughkeepsieSeattleTacomaWashingtonWoodstock

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$53K$106K$159K$212K20202021202220232024
Metric202420232022
Total Assets$3,172,675$3,265,651$3,293,175
Revenue$97,542$98,807$88,971
Expenses$166,966$170,466$175,634
Qualifying Distributions$166,000$169,500$174,500
Net Investment Income$25,464$33,077$26,075
Distributable Amount$159,979$161,627$169,160

Giving Over Time

Total grant dollars and number of grants per year

$0$48K$96K$144K$192K28 grants202030 grants202128 grants202227 grants202326 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 10 recipients in 2024

Kingston Land Trust Inc$40KAsian Counseling and Ref…$10KWing Luke Museum$10KHudson River Watershed A…$10KMaya Gold Foundation$10KLiving Traditions$8KThreadhead Cultural Foun…$5KLand Trust Alliance$5KYMCA of Kingston and Uls…$5KFriends of Historic King…$5K

Grant Size Distribution

139 grants across all recorded years

138<$50K1$50–100K$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 Kingston Land Trust Inc ($40,000), Asian Counseling and Referral Services ($10,000), Wing Luke Museum ($10,000).

RecipientPurposeAmount
Seattle Art Museum Seattle, WAGeneral Support Fine and Decorative Arts$4,000
Jack Straw Foundation Seattle, WAGeneral Support Performimg Arts$4,000
Intiman Theatre Seattle, WAGeneral Support Performimg Arts$2,500
Seattle Repertory Theatre Seattle, WAGeneral Support Performing Arts$4,000
Seattle Theatre Group Seattle, WAGeneral Support Performing Arts$4,000
A Contemporary Theatre Seattle, WAGeneral Support Performing Arts$4,000
Asian Counseling and Referral Services Seattle, WAGeneral Support Public Health$10,000
Bikeworks Seattle Seattle, WAGeneral Support Public Health$4,000
Wing Luke Museum Seattle, WAGeneral Support Fine and Decorative Arts$10,000
Amy Yee Tennis Foundation Seattle, WAGeneral Support Performing Arts$2,500

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

From 2024 filing

NameTitleHoursCompensation
KEVIN MCEVOYPresident5
BARBARA EPSTEINTreasurer3
GARY EPSTEINDirector1

Subject Areas

Focus areas based on grantmaking activity

Frequently Asked Questions

What is Lester and Phyllis Epstein Foundation Inc?

Lester and Phyllis Epstein Foundation Inc is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in NEW YORK, NY. It holds $3.2M in total assets as of 2024.

How large is Lester and Phyllis Epstein Foundation Inc?

As of 2024, Lester and Phyllis Epstein Foundation Inc holds $3.2M in total assets with $98K in annual revenue. It awarded 26 grants totaling $166K in 2024.

Where does Lester and Phyllis Epstein Foundation Inc operate?

Lester and Phyllis Epstein Foundation Inc has awarded grants in District of Columbia, Louisiana, New York, Oregon, Vermont, Washington.

What size grants does Lester and Phyllis Epstein Foundation Inc award?

In 2024, Lester and Phyllis Epstein Foundation Inc awarded 26 grants totaling $166K — an average of about $6K per grant, based on its IRS Form 990 filings.

How much is Lester and Phyllis Epstein Foundation Inc required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2024, Lester and Phyllis Epstein Foundation Inc reported a distributable amount of $160K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.

What is Lester and Phyllis Epstein Foundation Inc's EIN?

Lester and Phyllis Epstein Foundation Inc's EIN (Employer Identification Number) is 82-1912764. 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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