Lipton Foundation Inc

WESTPORT, CT EIN: 13-6143274

Lipton Foundation Inc is a private foundation, based in WESTPORT, CT. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $402K in total assets. In 2024, it awarded 2 grants totaling $13K. Net investment income was $18K.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$402K

-50.4% YoY

Annual Giving

$13K

+128.9% YoY

Grant Count

2

+100.0% YoY

Avg Grant Size

$6K

+14.5% YoY

Under IRS private-foundation payout rules, Lipton Foundation Inc reported a distributable amount of $21K for 2024 — the minimum it must pay out in qualifying distributions.

About Lipton Foundation Inc

Based on IRS filings

Lipton Foundation Inc is a private foundation, based in WESTPORT, CT. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $402K in total assets. In 2024, it awarded 2 grants totaling $13K. Net investment income was $18K.

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

2states

Cities

La JollaWestport

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$9K$18K$27K$36K20202021202220232024
Metric202420232022
Total Assets$401,794$810,330$814,006
Revenue$21,998$17,687$14,530
Expenses$32,492$21,363$27,013
Qualifying Distributions$32,492$5,460
Net Investment Income$18,238$1,784
Distributable Amount$21,241

Giving Over Time

Total grant dollars and number of grants per year

$0$4K$7K$11K$15K3 grants20200 grants20210 grants20221 grants20232 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 2 recipients in 2024

TEMPLE ISRAEL$10KSALK INSTITUTE FOR BIOLO…$3K

Grant Size Distribution

6 grants across all recorded years

6<$50K$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 Temple Israel ($10,000), Salk Institute for Biological Studies ($2,500).

RecipientPurposeAmount
SALK INSTITUTE FOR BIOLOGICAL STUDIES LA JOLLA, CADONATION$2,500
TEMPLE ISRAEL WESTPORT, CTFOR DISABLED CHILDRENS PROGRAMS$10,000

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

From 2024 filing

NameTitleHoursCompensation
BRAD AGARCEO

Frequently Asked Questions

How large is Lipton Foundation Inc?

As of 2024, Lipton Foundation Inc holds $402K in total assets with $22K in annual revenue. It awarded 2 grants totaling $13K in 2024.

Where does Lipton Foundation Inc operate?

Lipton Foundation Inc has awarded grants in California, Connecticut.

What size grants does Lipton Foundation Inc award?

In 2024, Lipton Foundation Inc awarded 2 grants totaling $13K — an average of about $6K per grant, based on its IRS Form 990 filings.

How much is Lipton Foundation Inc required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2024, Lipton Foundation Inc reported a distributable amount of $21K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.

What is Lipton Foundation Inc's EIN?

Lipton Foundation Inc's EIN (Employer Identification Number) is 13-6143274. 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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