The Allen & Eve Foundation Inc

HUNT VALLEY, MD EIN: 85-3969260

The Allen & Eve Foundation Inc is a private foundation based in Hunt Valley, Maryland. The organization holds 501(c)(3) tax-exempt status and was granted its IRS ruling in 2021.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$1.1M

-28.5% YoY

Annual Giving

$7.2M

-3.7% YoY

Grant Count

-8.7% YoY

Avg Grant Size

$343K

+5.5% YoY

Under IRS private-foundation payout rules, The Allen & Eve Foundation Inc reported a distributable amount of $70K for 2024 — the minimum it must pay out in qualifying distributions.

Research compiled by Grantable AI from public sources. Last updated April 2026.

Mission & Focus Areas

The foundation's primary funding focuses on:

Education
Philanthropy, Voluntarism & Grantmaking
Arts, Culture & Humanities

Additional funding areas include Head Start grants, early childhood development grants, and grants for creative writing.

Grantmaking

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Geographic Focus

Where this funder awards grants

The foundation primarily directs its grantmaking toward organizations in:

New York
California
Washington

Grant Distribution by State

New York $20.0M (96%)

Illinois $325K (2%)

Delaware $155K (1%)

California $85K (0%)

Washington $72K (0%)

Massachusetts $50K (0%)

Connecticut $33K (0%)

Texas $25K (0%)

+1 more states

States

California Connecticut Delaware Illinois Massachusetts Maryland New York Texas Washington

Cities

BerkeleyChicagoCold Spring HarborCoppellFairfieldGreenbraeHolbrookHuntington StationJerichoMercer IslandNew Hyde ParkNew YorkRandolphSaint JamesSanta CruzSetauketSilver SpringStony BrookWilmington

Financial History

Multi-year comparison from IRS filings

Total Assets: $1,115,994

Total Giving: $7,199,500

Revenue

Expenses

Qualifying Distributions

Net Investment Income

Metric	2024	2023	2022
Total Assets	$1,115,994	$1,560,082	$7,643,675
Revenue	$6,766,883	$1,405,189	$3,522,581
Expenses	$7,210,971	$7,478,782	$5,558,124
Qualifying Distributions	$7,205,761	$7,478,782	$6,592,319
Net Investment Income	$10,055	$200,006	$6,817,994
Distributable Amount	$69,532	$263,047	$609,996

Giving Over Time

Total grant dollars and number of grants per year

Grant Insights

How this funder distributes its grants

Top Recipients

Top 10 recipients in 2024

Grant Size Distribution

83 grants across all recorded years

Giving History

Grant recipients and amounts by year

Among its reported 2024 grants, the largest include Columbia University Graduate School of Arts and Sciences ($5,000,000), Gallery North Inc ($500,000), Harbor Country Day School ($500,000).

Recipient	Purpose	Amount
BLANCAS HOUSE CORP HUNTINGTON STATION, NY	GENERAL SUPPORT	$2,500
CHILDREN AND SCREENS INSTITUTE OF DIGITAL MEDIA AND CHILD DEVELOPMENT INC JERICHO, NY	GENERAL SUPPORT	$10,000
COLUMBIA UNIVERSITY GRADUATE SCHOOL OF ARTS AND SCIENCES NEW YORK, NY	ALLEN & EVE FELLOWSHIP FUND	$100,000
COLUMBIA UNIVERSITY GRADUATE SCHOOL OF ARTS AND SCIENCES NEW YORK, NY	GENERAL SUPPORT	$5,000,000
COOL EFFECTS GREENBRAE, CA	GENERAL SUPPORT	$10,000
GALLERY NORTH INC SETAUKET, NY	CAPITAL CAMPAIGN	$500,000
HARBOR COUNTRY DAY SCHOOL SAINT JAMES, NY	THE CAMPAIGN	$500,000
NEW YORK PUBLIC RADIO NEW YORK, NY	GENERAL SUPPORT	$7,500
PIVOT WORKS INC RANDOLPH, MA	GENERAL SUPPORT	$10,000
SACRED HEART UNIVERSITY - WSHU FAIRFIELD, CT	GENERAL SUPPORT	$10,000

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

From 2024 filing

Name	Title	Hours	Compensation
CYNTHIA WONG LIPPE	PRESIDENT	1	—
DAVID LIPPE	TREASURER, SECRETARY	1	—

Contact Information

Address: EP 1, 11350 McCormick Road, Suite 702, Hunt Valley, MD 21031

EIN: 85-3969260

Subject Areas

Focus areas based on grantmaking activity

Philanthropy, Voluntarism & Grantmaking

Frequently Asked Questions

What does The Allen & Eve Foundation Inc fund?

The foundation's primary funding focuses on: • Education • Philanthropy, Voluntarism & Grantmaking • Arts, Culture & Humanities Additional funding areas include Head Start grants, early childhood development grants, and grants for creative writing.

How do I apply for a grant from The Allen & Eve Foundation Inc?

**Grant Amounts:** Typical awards range from $1,500 to $5,000,000. **Total Giving:** The foundation distributed $7,199,500 in grants based on its most recent IRS Form 990 filing (2024).

Where does The Allen & Eve Foundation Inc make grants?

The foundation primarily directs its grantmaking toward organizations in: • New York • California • Washington

What size grants does The Allen & Eve Foundation Inc award?

In 2024, The Allen & Eve Foundation Inc awarded 21 grants totaling $7.2M — an average of about $343K per grant, based on its IRS Form 990 filings.

How much is The Allen & Eve Foundation Inc required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2024, The Allen & Eve Foundation Inc reported a distributable amount of $70K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.

What is The Allen & Eve Foundation Inc's EIN?

The Allen & Eve Foundation Inc's EIN (Employer Identification Number) is 85-3969260. IRS Form 990 filing data is available on this page for 2020–2024.