Lybss Foundation

Foundation · Grantmaker BROOKLYN, NY EIN: 81-4457734

Lybss Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in BROOKLYN, NY. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $1.9M in total assets. In 2024, it awarded 15 grants totaling $106K.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$1.9M

-3.8% YoY

Annual Giving

$106K

-28.7% YoY

Grant Count

15

+7.1% YoY

Avg Grant Size

$7K

-33.5% YoY

Under IRS private-foundation payout rules, Lybss Foundation reported a distributable amount of $93K for 2024 — the minimum it must pay out in qualifying distributions.

About Lybss Foundation

Based on IRS filings

Lybss Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in BROOKLYN, NY. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $1.9M in total assets. In 2024, it awarded 15 grants totaling $106K.

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

2states

Cities

AirmontBrooklynFar RockawayLakewoodMonroeMonseyNew YorkQueensSpring Valley

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$285K$569K$854K$1M20202021202220232024
Metric202420232022
Total Assets$1,879,570$1,953,795$2,078,981
Revenue$32,025$23,854
Expenses$106,250$149,040$202,135
Qualifying Distributions$106,250$149,040$202,135
Net Investment Income
Distributable Amount$93,144$97,000$102,387

Giving Over Time

Total grant dollars and number of grants per year

$0$51K$101K$152K$202K46 grants202012 grants202119 grants202214 grants202315 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 10 recipients in 2024

CONG BAIS CHINUCH ATARES…$25KVARIOUS CONTRIBUTIONS LE…$20KCONGREGATION HISACHDUS A…$15KKZM$7KCONG KEREN EZRAH$6KYESHIVA TIFERES CHAIM$5KCONG CHAIM VCHESED$5KCONG KNESSETH MORDECHAI …$4KCONG KAHAL ADAS CHASIDIM$4KCONG OHR HATORAH MONSEY$3K

Grant Size Distribution

106 grants across all recorded years

103<$50K3$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 Cong Bais Chinuch Atares Bnos ($24,500), Various Contributions Less Than 1500 ($19,835), Congregation Hisachdus Avreichim of Bates ($14,500).

RecipientPurposeAmount
CONG BAIS CHINUCH ATARES BNOS BROOKLYN, NYGENERAL SUPPOT$24,500
VARIOUS CONTRIBUTIONS LESS THAN 1500 BROOKLYN, NYGENERAL SUPPOT$19,835
CONGREGATION HISACHDUS AVREICHIM OF BATES MONSEY, NYGENERAL SUPPORT$14,500
KZM BROOKLYN, NYGENERAL SUPPOT$7,010
CONG KEREN EZRAH MONSEY, NYGENERAL SUPPORT$6,000
YESHIVA TIFERES CHAIM LAKEWOOD, NJGENERAL SUPPORT$5,000
CONG CHAIM VCHESED MONSEY, NYGENERAL SUPPOT$5,000
CONG KNESSETH MORDECHAI INC MONSEY, NYGENERAL SUPPOT$4,330
CONG KAHAL ADAS CHASIDIM MONSEY, NYGENERAL SUPPORT$3,700
CONG OHR HATORAH MONSEY MONSEY, NYGENERAL SUPPOT$3,000

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

From 2024 filing

NameTitleHoursCompensation
JOSEPH SPITZOFFICER

Subject Areas

Focus areas based on grantmaking activity

Frequently Asked Questions

What is Lybss Foundation?

Lybss Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in BROOKLYN, NY. It holds $1.9M in total assets as of 2024.

How large is Lybss Foundation?

As of 2024, Lybss Foundation holds $1.9M in total assets with $32K in annual revenue. It awarded 15 grants totaling $106K in 2024.

Where does Lybss Foundation operate?

Lybss Foundation has awarded grants in New Jersey, New York.

What size grants does Lybss Foundation award?

In 2024, Lybss Foundation awarded 15 grants totaling $106K — an average of about $7K per grant, based on its IRS Form 990 filings.

How much is Lybss Foundation required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2024, Lybss Foundation reported a distributable amount of $93K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.

What is Lybss Foundation's EIN?

Lybss Foundation's EIN (Employer Identification Number) is 81-4457734. 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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