Sharon & Joel Labovitz Foundation

Private foundation · Grantmaker Duluth, MN EIN: 36-3460105

Sharon & Joel Labovitz Foundation is a private foundation, based in Duluth, MN. IRS filing data is available from 2019 through 2025. As of 2025, the organization holds $72K in total assets. In 2025, it made $3K in qualifying distributions. Net investment income was $3K.

Key facts about Sharon & Joel Labovitz Foundation

EIN
36-3460105
Latest 990 filing
Form 990-PF, 2025
Total assets
$72,058

Data from IRS Form 990-PF, 2025; updated September 2026.

Financial Overview

From 2025 IRS Form 990-PF · View filing

Total Assets

$72K

-0.3% YoY

Revenue

$3K

-30.8% YoY

Qualifying Distributions

$3K

-28.0% YoY

Expenses

$3K

-27.7% YoY

Under IRS private-foundation payout rules, Sharon & Joel Labovitz Foundation reported a distributable amount of $4K for 2025 — the minimum it must pay out in qualifying distributions.

How Sharon & Joel Labovitz Foundation gives

  • In 2025 it paid out 77% of its IRS minimum distribution (the 5% rule). Foundations have until the end of the next year to meet it. 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

1state

States

Cities

St. PaulDuluth

Giving Over Time

Total grant dollars and number of grants per year

$0$2K$4K$6K$8K1 grant2019 0 grants2020 0 grants2021 1 grant2022 0 grants2023 1 grant2024 0 grants2025

From 2019 to 2024, annual grant giving ranged from $1K (2019) to $8K (2022). In 2024 it made 1 grant totaling $1K.

Grant Insights

How this funder distributes its grants

Grant Size Distribution

2 grants across all recorded years

2<$50K$50–100K$100–250K$250–500K$500K–1M$1–5M$5M+

The most common grant size was under $50K: 2 grants of 2 (100%).

Giving History

Grant recipients and amounts by year

No grants recorded for 2025.

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$5K$10K$15K2019 2020 2021 2022 2023 2024 2025
Metric202520242023
Total Assets$72,058$72,288$72,452
Revenue$2,541$3,670$4,179
Expenses$2,771$3,834$2,708
Qualifying Distributions$2,720$3,776$2,674
Net Investment Income$2,541$3,670$4,179
Distributable Amount$3,553$3,525$3,454

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 July 10, 2020)
  2. Updated Form 990-PF for fiscal year 2020 (received by the IRS March 31, 2021)
  3. Updated Form 990-PF for fiscal year 2021 (received by the IRS April 22, 2022)
  4. Updated Form 990-PF for fiscal year 2022 (received by the IRS April 11, 2023)
  5. Updated Form 990-PF for fiscal year 2023 (received by the IRS April 8, 2024)
  6. Updated Form 990-PF for fiscal year 2024 (received by the IRS April 4, 2025)
  7. Updated Form 990-PF for fiscal year 2025 (received by the IRS April 7, 2026)
  8. IRS filings on file for fiscal years 2019–2025

Leadership & Key People

Officers and directors from IRS filings

Sharon & Joel Labovitz Foundation is led by Mark Labovitz, President - Director since 2022 (on filings since 2019); none of the 4 officers listed in 2025 report compensation.

Officers on the 2025 filing

  • Mark Labovitz

    President - Director

    President & Director → President - Director, 2022

    On filings since 2019

    0.1 hrs/week

    No compensation reported

  • Anne Labovitz

    Treasurer - Director

    Director → Treasurer - Director, 2022

    On filings since 2019

    0.1 hrs/week

    No compensation reported

  • Sarah Bauer

    Secretary - Director

    Director → Secretary - Director, 2022

    On filings since 2019

    0.1 hrs/week

    No compensation reported

  • Sharon Labovitz

    Director

    On filings since 2019

    0.5 hrs/week

    No compensation reported

Former officers (1)
  • Former: Joel Labovitz (2019–2021) — Treasurer, Secretary & Director

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 Sharon & Joel Labovitz Foundation

How large is Sharon & Joel Labovitz Foundation?

Sharon & Joel Labovitz Foundation reported $72K in total assets on its 2025 IRS Form 990-PF. It paid out $3K in qualifying distributions that year, against a required minimum of $4K (roughly 5% of its investment assets). Falling short in one year is not a violation: foundations have until the end of the next year to meet the minimum.

Where does Sharon & Joel Labovitz Foundation operate?

Sharon & Joel Labovitz Foundation has awarded grants in Minnesota.

What is Sharon & Joel Labovitz Foundation's EIN?

Sharon & Joel Labovitz Foundation's EIN (Employer Identification Number) is 36-3460105. 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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