Lippy Foundation
Lippy Foundation is a private foundation, based in WARREN, OH. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $265K in total assets. In 2024, it awarded 9 grants totaling $9K. Net investment income was $11K.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$265K
+0.9% YoY
Annual Giving
$9K
-82.7% YoY
Grant Count
9
-43.8% YoY
Avg Grant Size
$1K
-69.3% YoY
Under IRS private-foundation payout rules, Lippy Foundation reported a distributable amount of $14K for 2024 — the minimum it must pay out in qualifying distributions.
About Lippy Foundation
Based on IRS filings
Lippy Foundation is a private foundation, based in WARREN, OH. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $265K in total assets. In 2024, it awarded 9 grants totaling $9K. Net investment income was $11K.
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $264,859 | $262,570 | $313,458 |
| Revenue | $21,204 | $14,116 | $13,478 |
| Expenses | $19,374 | $65,004 | $14,790 |
| Qualifying Distributions | $9,601 | $55,083 | $10,726 |
| Net Investment Income | $11,406 | $3,195 | $9,693 |
| Distributable Amount | $14,246 | $14,688 | $15,537 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 9 recipients in 2024
Grant Size Distribution
72 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include Israel Tennis & Education Centers ($4,737), Jewish Federation of South ($1,724), Vets Helping Heroes ($1,000).
| Recipient | Purpose | Amount |
|---|---|---|
| B'NAI TORAH CONGREGATION BOCA RATON, FL | RELIGIOUS | $291 |
| ISRAEL TENNIS & EDUCATION CENTERS DEERFIELD BEACH, FL | COMMUNITY SERVICE | $4,737 |
| JEWISH FEDERATION OF SOUTH BOCA RATON, FL | COMMUNITY SERVICE | $1,724 |
| VETS HELPING HEROES BOCA RATON, FL | COMMUNITY SERVICE | $1,000 |
| PLANNED PARENTHOOD FEDERATION NEW YORK, NY | GENERAL OPERATIONS | $180 |
| SOUTH FLORIDA PBS BOYNTON BEACH, FL | COMMUNITY SERVICE | $32 |
| ACTBLUE CHARITIES INC BOSTON, MA | GENERAL OPERATIONS | $500 |
| KATZ FAMILY FOUNDATION INC PALM BEACH, FL | GENERAL OPERATIONS | $643 |
| THE FLORENCE MELTON SCHOOL OF NEW YORK, NY | EDUCATION | $360 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| SANDRA LIPPY | TRUSTEE | — | — |
| STEPHEN R LIPPY | TRUSTEE | — | — |
Frequently Asked Questions
How large is Lippy Foundation?
As of 2024, Lippy Foundation holds $265K in total assets with $21K in annual revenue. It awarded 9 grants totaling $9K in 2024.
Where does Lippy Foundation operate?
Lippy Foundation has awarded grants in Alabama, California, District of Columbia, Florida, Massachusetts, New York, Ohio, Oregon, Tennessee, Texas.
What size grants does Lippy Foundation award?
In 2024, Lippy Foundation awarded 9 grants totaling $9K — an average of about $1K per grant, based on its IRS Form 990 filings.
How much is Lippy Foundation required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, Lippy Foundation reported a distributable amount of $14K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is Lippy Foundation's EIN?
Lippy Foundation's EIN (Employer Identification Number) is 23-7003982. IRS Form 990 filing data is available on this page for 2020–2024.
Explore Open Grants
Browse active grant opportunities in Lippy 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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