Lipper Family Charitable Foundation
Lipper Family Charitable Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in SUMMIT, NJ. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $856K in total assets. In 2024, it awarded 2 grants totaling $25K. Net investment income was $31K.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$856K
+0.8% YoY
Annual Giving
$25K
-85.7% YoY
Grant Count
2
-94.7% YoY
Avg Grant Size
$13K
+171.8% YoY
Under IRS private-foundation payout rules, Lipper Family Charitable Foundation reported a distributable amount of $98K for 2024 — the minimum it must pay out in qualifying distributions.
About Lipper Family Charitable Foundation
Based on IRS filings
Lipper Family Charitable Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in SUMMIT, NJ. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $856K in total assets. In 2024, it awarded 2 grants totaling $25K. Net investment income was $31K.
Focus Areas
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
States
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $856,269 | $849,302 | $998,982 |
| Revenue | $41,597 | $26,670 | $52,600 |
| Expenses | $34,630 | $176,350 | $216,475 |
| Qualifying Distributions | $25,000 | $174,758 | $216,475 |
| Net Investment Income | $30,676 | $27,505 | $52,600 |
| Distributable Amount | $98,385 | $90,062 | $97,186 |
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
137 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include Vanguard Charitable Endowment Program ($20,000), Overlook Foundation ($5,000).
| Recipient | Purpose | Amount |
|---|---|---|
| OVERLOOK FOUNDATION SUMMIT, NJ | GENERAL PURPOSE | $5,000 |
| VANGUARD CHARITABLE ENDOWMENT PROGRAM WARWICK, RI | GENERAL PURPOSE | $20,000 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| A MICHAEL LIPPER | TRUSTEE | — | — |
| RUTH C LIPPER | TRUSTEE | — | — |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is Lipper Family Charitable Foundation?
Lipper Family Charitable Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in SUMMIT, NJ. It holds $856K in total assets as of 2024.
How large is Lipper Family Charitable Foundation?
As of 2024, Lipper Family Charitable Foundation holds $856K in total assets with $42K in annual revenue. It awarded 2 grants totaling $25K in 2024.
Where does Lipper Family Charitable Foundation operate?
Lipper Family Charitable Foundation has awarded grants in California, District of Columbia, Florida, Illinois, Massachusetts, Maryland, Michigan, North Carolina, New Jersey, New York, Pennsylvania, Rhode Island, Tennessee, Virginia.
What size grants does Lipper Family Charitable Foundation award?
In 2024, Lipper Family Charitable Foundation awarded 2 grants totaling $25K — an average of about $13K per grant, based on its IRS Form 990 filings.
How much is Lipper Family Charitable Foundation required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, Lipper Family Charitable Foundation reported a distributable amount of $98K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is Lipper Family Charitable Foundation's EIN?
Lipper Family Charitable Foundation's EIN (Employer Identification Number) is 13-7152755. IRS Form 990 filing data is available on this page for 2020–2024.
Explore Open Grants
Browse active grant opportunities in Lipper Family Charitable Foundation's focus areas in our free grants database
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.
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