Marc Lipella Foundation Inc

Private foundation · Grantmaker Hagerstown, MD EIN: 45-5175677

Marc Lipella Foundation Inc is a private foundation focused on Community Improvement & Capacity Building, based in Hagerstown, MD. IRS filing data is available from 2019 through 2025. As of 2025, the organization holds $5K in total assets. In 2025, it awarded 6 grants totaling $5K.

Key facts about Marc Lipella Foundation Inc

In short: Marc Lipella Foundation Inc gave $5K across 6 grants in 2025 (avg $750), mostly in Maryland. Source: 2025 IRS Form 990-PF.

EIN
45-5175677
Latest 990 filing
Form 990-PF, 2025
Annual giving (2025)
$4,500
Grants made (2025)
6
Average grant
$750
Median grant
$500
Total assets
$5,183
Primary geography
Maryland (89% 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

$5K

+5.9% YoY

Annual Giving

$5K

-35.7% YoY

Grant Count

6

-33.3% YoY

Avg Grant Size

$750

-3.6% YoY

How Marc Lipella Foundation Inc gives

  • Giving held roughly steady from 2022 to 2025 (−18%). 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

3states

Share of 2025 grant dollars across all 6 itemized grants.

Cities

HagerstownCollege ParkEldersburgClear SpringFalling WatersHancockBoonsboroGreencastleMartinsburgMaugansville

Giving Over Time

Total grant dollars and number of grants per year

$0$2K$4K$6K$8K9 grants2019 8 grants2020 9 grants2021 6 grants2022 5 grants2023 9 grants2024 6 grants2025

From 2019 to 2025, annual grant giving ranged from $5K (2023) to $7K (2021). In 2025 it made 6 grants totaling $5K.

Grant Insights

How this funder distributes its grants

Top Recipients

Top recipient in 2025

University of Maryland College Park: $2KUniversity of Maryland CollegePark$2K

The largest 2025 recipient was University of Maryland College Park ($2K).

Organizations only. It also paid 5 individual scholarships ($2,500), which are not listed by name.

Grant Size Distribution

35 grants across all recorded years

35<$50K$50–100K$100–250K$250–500K$500K–1M$1–5M$5M+

The most common grant size was under $50K: 35 grants of 35 (100%).

Giving History

Grant recipients and amounts by year

RecipientPurposeAmount
University of Maryland College Park College Park, MDCollege Scholarship$2,000
5 individual scholarships Recipients not named —$2,500

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
$0$5K$10K$15K$20K2019 2020 2021 2022 2023 2024 2025
Metric202520242023
Total Assets$5,183$4,896$5,892
Revenue$11,195$12,940$10,240
Expenses$10,908$13,936$9,359
Qualifying Distributions$4,500$7,000$4,500

Data update history

When this profile's IRS filing data changed on Grantable

  1. Updated Form 990-PF for fiscal year 2019 (received by the IRS March 10, 2020)
  2. Updated Form 990-PF for fiscal year 2020 (received by the IRS March 25, 2021)
  3. Updated Form 990-PF for fiscal year 2021 (received by the IRS February 18, 2022)
  4. Updated Form 990-PF for fiscal year 2022 (received by the IRS March 21, 2023)
  5. Updated Form 990-PF for fiscal year 2023 (received by the IRS March 6, 2024)
  6. Updated Form 990-PF for fiscal year 2024 (received by the IRS February 5, 2025)
  7. Updated Form 990-PF for fiscal year 2025 (received by the IRS February 10, 2026)
  8. IRS filings on file for fiscal years 2019–2025

Leadership & Key People

Officers and directors from IRS filings

Marc Lipella Foundation Inc is led by Richard Lapella, President on every filing since 2019; none of the 4 officers listed in 2025 report compensation.

Officers on the 2025 filing

  • Richard Lapella

    President

    On filings since 2019

    7.5 hrs/week

    No compensation reported

  • Gayle Lipella

    Treasurer

    Treasuer → Treasurer, 2020

    On filings since 2019

    2.7 hrs/week

    No compensation reported

  • Michael Lipella

    Secretary

    On filings since 2019

    1.5 hrs/week

    No compensation reported

  • Robert Lipella

    Vice President

    On filings since 2019

    1.7 hrs/week

    No compensation reported

Data from IRS Form 990 filings, 2019–2025. "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 Lipella Foundation Inc

How much does Marc Lipella Foundation Inc give each year?

Marc Lipella Foundation Inc gave $5K across 6 grants in 2025, according to its 2025 IRS Form 990-PF. In 2024 it gave $7K across 9 grants.

What is Marc Lipella Foundation Inc's typical grant size?

Marc Lipella Foundation Inc's median grant in 2025 was $500, and its average grant was $750, across 6 grants on its 2025 IRS Form 990-PF.

Where does Marc Lipella Foundation Inc give grants?

Marc Lipella Foundation Inc gives mostly in Maryland: 89% of the grant dollars itemized on its 2025 IRS Form 990-PF went to recipients there. The next largest state was West Virginia (11%).

Does Marc Lipella Foundation Inc give general operating support?

Not in 2025: none of the 6 grants with a stated purpose on Marc Lipella Foundation Inc's 2025 IRS Form 990-PF were described as general or operating support. Recurring purposes include "College Scholarship" (6 grants).

How large is Marc Lipella Foundation Inc?

Marc Lipella Foundation Inc reported $5K in total assets on its 2025 IRS Form 990-PF. Its revenue that year was $11K.

What is Marc Lipella Foundation Inc?

Marc Lipella Foundation Inc is a private foundation focused on Community Improvement & Capacity Building, based in Hagerstown, MD. It holds $5K in total assets as of 2025.

What is Marc Lipella Foundation Inc's EIN?

Marc Lipella Foundation Inc's EIN (Employer Identification Number) is 45-5175677. IRS Form 990 filing data is available on this page for 2019–2025.

Data last updated September 2026. Sourced from IRS Form 990-PF filings.

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