The Lambert Foundation

WAYNE, PA EIN: 23-2742907

The Lambert Foundation is a private foundation, based in WAYNE, PA. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $1.4M in total assets. In 2024, it awarded 3 grants totaling $113K. Net investment income was $188K.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$1.4M

-3.1% YoY

Annual Giving

$113K

+148.6% YoY

Grant Count

3

+200.0% YoY

Avg Grant Size

$38K

-17.1% YoY

Under IRS private-foundation payout rules, The Lambert Foundation reported a distributable amount of $67K for 2024 — the minimum it must pay out in qualifying distributions.

About The Lambert Foundation

Based on IRS filings

The Lambert Foundation is a private foundation, based in WAYNE, PA. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $1.4M in total assets. In 2024, it awarded 3 grants totaling $113K. Net investment income was $188K.

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

3states

Cities

New BrunswickNew YorkPhiladelphia

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$112K$224K$337K$449K20202021202220232024
Metric202420232022
Total Assets$1,353,158$1,396,908$1,304,315
Revenue$194,886$184,936$18,761
Expenses$117,918$45,932$120,356
Qualifying Distributions$112,931$45,432$116,856
Net Investment Income$187,578$182,442$18,761
Distributable Amount$66,754$63,961$68,803

Giving Over Time

Total grant dollars and number of grants per year

$0$29K$58K$88K$117K3 grants20201 grants20212 grants20221 grants20233 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 3 recipients in 2024

TEMPLE UNIVERSITY INSTIT…$43KTEMPLE UNIVERSITY INSTIT…$39KTEMPLE UNIVERSITY INSTIT…$30K

Grant Size Distribution

10 grants across all recorded years

8<$50K2$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 Temple University Institutional Adv ($43,397), Temple University Institutional Adv ($39,305), Temple University Institutional Adv ($30,229).

RecipientPurposeAmount
TEMPLE UNIVERSITY INSTITUTIONAL ADV PHILADELPHIA, PALAMBERT FOUNDATION SCHOLARSHIP FUND$39,305
TEMPLE UNIVERSITY INSTITUTIONAL ADV PHILADELPHIA, PALAMBERT FOUNDATION SCHOLARSHIP FUND$43,397
TEMPLE UNIVERSITY INSTITUTIONAL ADV PHILADELPHIA, PALAMBERT FOUNDATION SCHOLARSHIP FUND$30,229

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

From 2024 filing

NameTitleHoursCompensation
DAVID B LAMBERTPresident1

Frequently Asked Questions

How large is The Lambert Foundation?

As of 2024, The Lambert Foundation holds $1.4M in total assets with $195K in annual revenue. It awarded 3 grants totaling $113K in 2024.

Where does The Lambert Foundation operate?

The Lambert Foundation has awarded grants in New Jersey, New York, Pennsylvania.

What size grants does The Lambert Foundation award?

In 2024, The Lambert Foundation awarded 3 grants totaling $113K — an average of about $38K per grant, based on its IRS Form 990 filings.

How much is The Lambert Foundation required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2024, The Lambert Foundation reported a distributable amount of $67K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.

What is The Lambert Foundation's EIN?

The Lambert Foundation's EIN (Employer Identification Number) is 23-2742907. 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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