Lipstein Family Foundation
Lipstein Family Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in Malvern, PA. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $1.9M in total assets. In 2024, it awarded 9 grants totaling $205K. Net investment income was $393K.
Key facts about Lipstein Family Foundation
In short: Lipstein Family Foundation gave $205K across 9 grants in 2024 (avg $23K), mostly in Pennsylvania. Source: 2024 IRS Form 990-PF.
- EIN
- 23-3008418
- Latest 990 filing
- Form 990-PF, 2024
- Annual giving (2024)
- $204,750
- Grants made (2024)
- 9
- Average grant
- $22,750
- Median grant
- $15,000
- Total assets
- $1,913,946
- Primary geography
- Pennsylvania (57% of itemized 2024 grant dollars)
Data from IRS Form 990-PF, 2024; updated September 2026.
Quick answers about Lipstein Family Foundation
How much does Lipstein Family Foundation give each year?
Lipstein Family Foundation gave $205K across 9 grants in 2024, according to its 2024 IRS Form 990-PF. In 2023 it gave $210K across 9 grants.
What is Lipstein Family Foundation's typical grant size?
Lipstein Family Foundation's median grant in 2024 was $15,000, and its average grant was $22,750, across 9 grants on its 2024 IRS Form 990-PF.
Where does Lipstein Family Foundation give grants?
Lipstein Family Foundation gives mostly in Pennsylvania: 57% of the grant dollars itemized on its 2024 IRS Form 990-PF went to recipients there. The next largest states were District of Columbia (21%) and New Jersey (15%). The most frequent recipient cities were Washington, DC (2 grants) and West Chester, PA (2 grants).
Does Lipstein Family Foundation give general operating support?
Yes: 78% of Lipstein Family Foundation's 2024 grants with a stated purpose (7 of 9) were for general or operating support, per its 2024 IRS Form 990-PF.
Who are Lipstein Family Foundation's largest grantees?
Lipstein Family Foundation's largest 2024 grantees include Various Organizations ($71,750), Mamatoto Village ($33,000) and Ed Snider Youth Hockey & Education ($30,000), according to its 2024 IRS Form 990-PF. Together they received 66% of its itemized 2024 grant dollars.
How large is Lipstein Family Foundation?
Lipstein Family Foundation reported $1.9M in total assets on its 2024 IRS Form 990-PF. It paid out $218K in qualifying distributions that year, against a required minimum of $176K (roughly 5% of its investment assets).
How Lipstein Family Foundation gives
- Giving held roughly steady from 2021 to 2024 (+15%). Method
- In 2024 it paid out 124% of its IRS minimum distribution (the 5% rule). Method
From the foundation's IRS Form 990-PF filings. Methodology.
Next steps with Lipstein Family Foundation
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Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$1.9M
+11.0% YoY
Annual Giving
$205K
-2.5% YoY
Grant Count
9
+0.0% YoY
Avg Grant Size
$23K
-2.5% YoY
Under IRS private-foundation payout rules, Lipstein Family Foundation reported a distributable amount of $176K for 2024 — the minimum it must pay out in qualifying distributions.
About Lipstein Family Foundation
Based on IRS filings
Lipstein Family Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in Malvern, PA. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $1.9M in total assets. In 2024, it awarded 9 grants totaling $205K. Net investment income was $393K.
Focus Areas
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
Share of all 9 itemized 2024 grant dollars.
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $1,913,946 | $1,723,883 | $1,601,092 |
| Revenue | $407,706 | $336,700 | $258,239 |
| Expenses | $217,643 | $213,909 | $173,130 |
| Qualifying Distributions | $217,643 | $213,909 | $172,750 |
| Net Investment Income | $392,708 | $330,296 | $240,216 |
| Distributable Amount | $175,908 | $146,297 | $156,340 |
Data update history
When this profile's IRS filing data changed on Grantable
- IRS filings on file for fiscal years 2020–2024
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
29 grants across all recorded years
Giving History
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| VARIOUS ORGANIZATIONS Malvern, PA | GENERAL CHARITABLE PLEDGES TO VARIOUS ORGANIZATIONS | $71,750 |
| MAMATOTO VILLAGE Washington, DC | CAPITAL DEBT RETIREMENT | $33,000 |
| ED SNIDER YOUTH HOCKEY & EDUCATION Sewell, NJ | GENERAL GRANT | $30,000 |
| CHESTER COUNTY HOSPITAL BREAST CANCER CENTER West Chester, PA | GENERAL DONATION TO BREAST CANCER CENTER | $25,000 |
| INSTITUTE FOR JUSTICE Arlington, VA | GENERAL GRANT | $15,000 |
| RAILS TO TRAILS CONSERVANCY Washington, DC | GENERAL GRANT | $10,000 |
| CHESTER COUNTY HOSPITAL West Chester, PA | ANNUAL GIVING PLEDGE | $10,000 |
| BICYCLE COALITION OF GREATER PHILADELPHIA Philadelphia, PA | GENERAL GRANT | $5,000 |
| CHESTER COUNTY FOOD BANK Exton, PA | GENERAL GRANT | $5,000 |
Leadership & Key People
Officers and directors from IRS filings
Lipstein Family Foundation is led by Sanford Lipstein, President on every filing since 2020; none of the 5 officers listed in 2024 report compensation.
Officers on the 2024 filing
Sanford Lipstein
President
On filings since 2020
2 hrs/week
No compensation reported
Brian Lipstein
Director
On filings since 2020
0.5 hrs/week
No compensation reported
Julie Lipstein
Director
On filings since 2020
0.5 hrs/week
No compensation reported
Loree Lipstein
Director
On filings since 2020
0.5 hrs/week
No compensation reported
Gail Lipstein
Vice President
On filings since 2020
1 hr/week
No compensation reported
Data from IRS Form 990 filings, 2020–2024. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is Lipstein Family Foundation?
Lipstein Family Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in Malvern, PA. It holds $1.9M in total assets as of 2024.
What is Lipstein Family Foundation's EIN?
Lipstein Family Foundation's EIN (Employer Identification Number) is 23-3008418. IRS Form 990 filing data is available on this page for 2020–2024.
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Data last updated September 2026. Sourced from IRS Form 990-PF filings.