The Lapkin Foundation
The Lapkin Foundation is a private foundation, based in GLEN ROCK, NJ. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $481K in total assets. In 2024, it awarded 5 grants totaling $18K. Net investment income was $26K.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$481K
-0.0% YoY
Annual Giving
$18K
+2.9% YoY
Grant Count
5
-16.7% YoY
Avg Grant Size
$4K
+23.5% YoY
Under IRS private-foundation payout rules, The Lapkin Foundation reported a distributable amount of $30K for 2024 — the minimum it must pay out in qualifying distributions.
About The Lapkin Foundation
Based on IRS filings
The Lapkin Foundation is a private foundation, based in GLEN ROCK, NJ. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $481K in total assets. In 2024, it awarded 5 grants totaling $18K. Net investment income was $26K.
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $481,186 | $481,272 | $492,973 |
| Revenue | $34,152 | $20,736 | $87,770 |
| Expenses | $34,238 | $32,437 | $32,150 |
| Qualifying Distributions | $26,048 | $25,520 | $25,360 |
| Net Investment Income | $25,962 | $13,819 | $80,980 |
| Distributable Amount | $30,040 | $26,276 | $26,056 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 5 recipients in 2024
Grant Size Distribution
31 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include The Glen Rock Jewish Ctr ($11,000), Mark Schonwetter Holocaust Educ Fnd ($3,000), Glen Rock Public Library ($2,000).
| Recipient | Purpose | Amount |
|---|---|---|
| THE GLEN ROCK JEWISH CTR GLEN ROCK, NJ | FOR GENERAL OPERATING PURPOSES AND FUNDS WERE ALSO DONATED TO FUND RITUAL/RELIGIOUS PROJECTS | $11,000 |
| NATIONAL MULTIPLE SCLEROSIS DUNCANSVILLE, PA | GENERAL SUPPORT FOR THE ORGANIZATION TO CONDUCT RESEARCH INTO CURES | $250 |
| GLEN ROCK PUBLIC LIBRARY GLEN ROCK, NJ | TO ADD TO THE VOLUME OF THE LIBRARY BOOKS | $2,000 |
| TRIPLE NEGATIVE BREAST CANCER FOUND NORWOOD, NJ | SUPPORT BREAST CANCER RESEARCH AND PATIENT ADVOCACY | $1,500 |
| MARK SCHONWETTER HOLOCAUST EDUC FND LIVINGSTON, NJ | EDUCATIONAL | $3,000 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| DAVID J GUTWETTER | PRES/TREAS/TRUS | 3 | — |
| HESTER BAUSBACK | VP/TRUSTEE | 1 | — |
| CAREN YEGELWEL | Sec./Trustee | 1 | — |
Frequently Asked Questions
How large is The Lapkin Foundation?
As of 2024, The Lapkin Foundation holds $481K in total assets with $34K in annual revenue. It awarded 5 grants totaling $18K in 2024.
Where does The Lapkin Foundation operate?
The Lapkin Foundation has awarded grants in New Jersey, New York, Pennsylvania, Texas.
What size grants does The Lapkin Foundation award?
In 2024, The Lapkin Foundation awarded 5 grants totaling $18K — an average of about $4K per grant, based on its IRS Form 990 filings.
How much is The Lapkin Foundation required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, The Lapkin Foundation reported a distributable amount of $30K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is The Lapkin Foundation's EIN?
The Lapkin Foundation's EIN (Employer Identification Number) is 13-6112550. IRS Form 990 filing data is available on this page for 2020–2024.
Explore Open Grants
Browse active grant opportunities in The Lapkin Foundation's focus areas in our free grants database
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.
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