Marc & Jennifer Lipschultz Family Foundation
Marc & Jennifer Lipschultz Family Foundation is a private foundation, based in Saratoga Springs, NY. IRS filing data is available from 2020 through 2025. As of 2025, the organization holds $9.3M in total assets. In 2025, it awarded 1 grant totaling $2.5M. Net investment income was $2.9M.
Key facts about Marc & Jennifer Lipschultz Family Foundation
In short: Marc & Jennifer Lipschultz Family Foundation gave $2.5M across 1 grant in 2025 (avg $2.5M), mostly in New York. Source: 2025 IRS Form 990-PF.
- EIN
- 45-2258060
- Latest 990 filing
- Form 990-PF, 2025
- Annual giving (2025)
- $2,458,800
- Grants made (2025)
- 1
- Average grant
- $2,458,800
- Median grant
- $2,458,800
- Total assets
- $9,271,193
- Primary geography
- New York (100% of itemized 2025 grant dollars)
Data from IRS Form 990-PF, 2025; updated September 2026.
Financial Overview
From 2025 IRS Form 990-PF · View filing
Total Assets
$9.3M
+5.8% YoY
Annual Giving
$2.5M
+4.3% YoY
Grant Count
1
+0.0% YoY
Avg Grant Size
$2.5M
+4.3% YoY
Under IRS private-foundation payout rules, Marc & Jennifer Lipschultz Family Foundation reported a distributable amount of $724K for 2025 — the minimum it must pay out in qualifying distributions.
How Marc & Jennifer Lipschultz Family Foundation gives
- Giving fell 76% from 2022 to 2025. Method
- In 2025 it paid out 339% of its IRS minimum distribution (the 5% rule). Method
From the foundation's IRS Form 990-PF filings. Methodology.
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
Share of the 2025 grant dollars on its one itemized grant.
States
Cities
Giving Over Time
Total grant dollars and number of grants per year
From 2020 to 2025, annual grant giving ranged from $2.4M (2024) to $10.1M (2022). In 2025 it made 1 grant totaling $2.5M.
Grant Insights
How this funder distributes its grants
Top Recipients
Top recipient in 2025
The largest 2025 recipient was Various (See Attached) ($2.5M).
Grant Size Distribution
5 grants across all recorded years
The most common grant size was in the $1–5M range: 4 grants of 5 (80%).
Giving History
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| Various (See Attached) Saratoga Springs, NY | General Charitable Purposes | $2,458,800 |
Financial History
Multi-year comparison from IRS filings
| Metric | 2025 | 2024 | 2023 |
|---|---|---|---|
| Total Assets | $9,271,193 | $8,761,395 | $8,286,032 |
| Revenue | $3,456,033 | $7,483,452 | $3,974,762 |
| Expenses | $2,522,667 | $2,405,605 | $3,596,847 |
| Qualifying Distributions | $2,459,290 | $2,359,971 | $3,501,501 |
| Net Investment Income | $2,878,008 | $1,172,061 | $1,969,032 |
| Distributable Amount | $724,476 | $421,040 | $466,340 |
Data update history
When this profile's IRS filing data changed on Grantable
- Updated Form 990-PF for fiscal year 2020 (received by the IRS October 22, 2021)
- Updated Form 990-PF for fiscal year 2021 (received by the IRS June 2, 2022)
- Updated Form 990-PF for fiscal year 2022 (received by the IRS November 2, 2023)
- Updated Form 990-PF for fiscal year 2023 (received by the IRS August 23, 2024)
- Updated Form 990-PF for fiscal year 2024 (received by the IRS May 12, 2025)
- Added Form 990-PF for fiscal year 2025 (received by the IRS May 11, 2026)
- IRS filings on file for fiscal years 2020–2024
Leadership & Key People
Officers and directors from IRS filings
Marc & Jennifer Lipschultz Family Foundation is led by Marc S. Lipschultz, President, <1hr & Week since 2021 (on filings since 2020); none of the 3 officers listed in 2025 report compensation.
Officers on the 2025 filing
Marc S. Lipschultz
President, <1hr & Week
Director & President → President, <1hr & Week, 2021
On filings since 2020
No compensation reported
Adrienne Knapp
Secretary, <1hr & Week
Secretary → Secretary, <1hr & Week, 2021
On filings since 2020
No compensation reported
Jennifer S. Lipschultz
Vice President, <1hr & Week
Director & Vice President → Vice President, <1hr & Week, 2021
On filings since 2020
No compensation reported
Data from IRS Form 990 filings, 2020–2025. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.
Frequently asked questions about Marc & Jennifer Lipschultz Family Foundation
How much does Marc & Jennifer Lipschultz Family Foundation give each year?
Marc & Jennifer Lipschultz Family Foundation gave $2.5M across 1 grant in 2025, according to its 2025 IRS Form 990-PF. In 2024 it gave $2.4M across 1 grant.
How large is Marc & Jennifer Lipschultz Family Foundation?
Marc & Jennifer Lipschultz Family Foundation reported $9.3M in total assets on its 2025 IRS Form 990-PF. It paid out $2.5M in qualifying distributions that year, against a required minimum of $724K (roughly 5% of its investment assets).
Where does Marc & Jennifer Lipschultz Family Foundation operate?
Marc & Jennifer Lipschultz Family Foundation has awarded grants in New York.
What is Marc & Jennifer Lipschultz Family Foundation's EIN?
Marc & Jennifer Lipschultz Family Foundation's EIN (Employer Identification Number) is 45-2258060. IRS Form 990 filing data is available on this page for 2020–2025.
Data last updated September 2026. Sourced from IRS Form 990-PF filings.
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