The Laverack Family Foundation
The Laverack Family Foundation is a private independent foundation established in 2002 and based in Old Greenwich, Connecticut. The organization holds 501(c)(3) tax-exempt status and operates as a family foundation focused on philanthropic giving.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$9.7M
+1.2% YoY
Annual Giving
$553K
-19.1% YoY
Grant Count
40
+29.0% YoY
Avg Grant Size
$14K
-37.3% YoY
Under IRS private-foundation payout rules, The Laverack Family Foundation reported a distributable amount of $611K for 2024 — the minimum it must pay out in qualifying distributions.
Mission & Focus Areas
The foundation gives primarily for higher education. It also supports educational initiatives at the elementary and secondary levels, as well as religious projects, particularly within Christianity.
Grantmaking
The foundation awarded approximately $684,000 in grants during the most recent year, with an average grant size of $100. The foundation made 5,394 total grants in the previous year and is open to new applicants, with approximately 12% of new applicants receiving funding.
Grant Range
of $100. The foundation made 5,394 total grants in the previous year and is open to new applicants, with approximately 12% of new applicants receiving funding.
Average Grant
of $100. The foundation made 5,394 total grants in the previous year and is open to new applicants, with approximately 12% of new applicants receiving funding.
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Geographic Focus
Where this funder awards grants
The foundation supports projects across multiple states, including Connecticut, Delaware, Florida, Louisiana, Kansas, Maine, New Hampshire, New York, Ohio, Virginia, and Vermont.
Grant Distribution by State
States
Cities
Financial History
Multi-year comparison from IRS filings
Assets: $9.6 million (as of 2024), representing a 2.6% increase from the previous year
Annual Revenue: $823,000 (2024)
Annual Expenses: $702,000 (2024)
Total Liabilities: $10,000 (2024)
The foundation has maintained consistent financial operations since its establishment, with tax-exempt status granted in January 2003.
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $9,685,710 | $9,570,437 | $8,733,148 |
| Revenue | $822,972 | $1,665,841 | $911,485 |
| Expenses | $701,699 | $834,552 | $907,890 |
| Qualifying Distributions | $556,950 | $687,471 | $710,593 |
| Net Investment Income | $778,537 | $1,533,498 | $742,207 |
| Distributable Amount | $611,286 | $561,296 | $679,552 |
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
145 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include Fidelity Charitable Fund ($310,000), Banner Lake Club ($30,000), Duke University ($20,000).
| Recipient | Purpose | Amount |
|---|---|---|
| BANNER LAKE CLUB HOBE SOUND, FL | GENERAL PURPOSE | $30,000 |
| BOYS & GIRLS CLUBS HOBE SOUND, FL | GENERAL PURPOSE | $10,000 |
| CHOATE ROSEMARY HALL WALLINGFORD, CT | EDUCATION | $2,000 |
| DEERFIELD ACADEMY DEERFIELD, MA | EDUCATION | $1,000 |
| DUKE UNIVERSITY DURHAM, NC | EDUCATION | $20,000 |
| FROM K-1 BLUESTEM PARTNERS LP CHARLOTTESVILLE, VA | GENERAL PURPOSE | $3 |
| BROMLEY OUTING CLUB PERU, VT | GENERAL PURPOSE | $5,000 |
| DARIEN NATURE CENTER DARIEN, CT | GENERAL PURPOSE | $5,000 |
| JUPITER ISLAND MEDICAL CENTER HOBE SOUND, FL | GENERAL PURPOSE | $5,000 |
| BEYOND LITERACY PHILADELPHIA, PA | GENERAL PURPOSE | $1,000 |
Leadership & Key People
Leadership team and compensation from IRS filings
The foundation is managed by trustees William Laverack and Cordelia Laverack, both of whom serve without compensation.
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| WILLIAM LAVERACK | TRUSTEE | 5 | — |
| CORDELIA LAVERACK | TRUSTEE | 5 | — |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What does The Laverack Family Foundation fund?
The foundation gives primarily for higher education. It also supports educational initiatives at the elementary and secondary levels, as well as religious projects, particularly within Christianity.
How do I apply for a grant from The Laverack Family Foundation?
The foundation awarded approximately $684,000 in grants during the most recent year, with an average grant size of $100. The foundation made 5,394 total grants in the previous year and is open to new applicants, with approximately 12% of new applicants receiving funding.
Where does The Laverack Family Foundation make grants?
The foundation supports projects across multiple states, including Connecticut, Delaware, Florida, Louisiana, Kansas, Maine, New Hampshire, New York, Ohio, Virginia, and Vermont.
What size grants does The Laverack Family Foundation award?
In 2024, The Laverack Family Foundation awarded 40 grants totaling $553K — an average of about $14K per grant, based on its IRS Form 990 filings.
How much is The Laverack Family Foundation required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, The Laverack Family Foundation reported a distributable amount of $611K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is The Laverack Family Foundation's EIN?
The Laverack Family Foundation's EIN (Employer Identification Number) is 56-2307477. IRS Form 990 filing data is available on this page for 2020–2024.
Explore Open Grants
Browse active grant opportunities in The Laverack Family Foundation's focus areas in our free grants database
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Data last updated June 2026. Sourced from IRS Form 990-PF filings. Research dossier generated April 2026.
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