The Lawrence and Carol Saper Foundation is a private family foundation established in 1996 and based in New York City. The foundation is designated as a 501(c)(3) organization and has been tax-exempt since May 1998.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$14.2M
+11.4% YoY
Annual Giving
$698K
-4.9% YoY
Grant Count
71
+6.0% YoY
Avg Grant Size
$10K
-10.2% YoY
Under IRS private-foundation payout rules, The Lawrence and Carol Saper Foundation reported a distributable amount of $854K for 2024 — the minimum it must pay out in qualifying distributions.
Mission & Focus Areas
The foundation's primary funding interests include:
- Education
- Philanthropy, Voluntarism & Grantmaking
- Human Services
- Arts and creative fields
- Historic preservation
- Journalism
Grantmaking
The foundation does not accept unsolicited proposals and works through a selective grantmaking approach.
Grant Range
$3,600
How to Apply
**
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Geographic Focus
Where this funder awards grants
The foundation primarily funds organizations in New York, California, and Rhode Island.
Grant Distribution by State
States
Cities
Financial History
Multi-year comparison from IRS filings
Assets & Revenue (2024):
- Total assets: $14,231,126
- Total revenues: $2,308,411
- Total expenses: $846,210
- Investment income and dividends: $460,865
- Net gain from sale of non-inventory assets: $1,775,750
Assets & Revenue (2023):
- Total assets: $12,800,000
- Total revenues: $821,000
- Total expenses: $831,000
- Total liabilities: $0
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $14,231,126 | $12,770,361 | $12,782,988 |
| Revenue | $2,308,411 | $820,586 | $272,755 |
| Expenses | $846,210 | $830,787 | $852,814 |
| Qualifying Distributions | $710,697 | $744,500 | $759,250 |
| Net Investment Income | $2,210,690 | $733,725 | $241,827 |
| Distributable Amount | $853,575 | $709,646 | $732,701 |
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
250 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include To Jewish Communal Fund ($250,000), The Metropolitan Museum of Art ($30,000), Museum of Modern Art - in Honor of Sarah Suzuki ($25,000).
| Recipient | Purpose | Amount |
|---|---|---|
| 92ND STREET Y NEW YORK, NY | GENERAL FUND | $2,500 |
| ALBERTINE FOUNDATION NEW YORK, NY | GENERAL FUND | $1,000 |
| AMERICAN FRIENDS OF THE MAXXI INC NEW YORK, NY | GENERAL FUND | $5,000 |
| AMERICAN FRIENDS OF BATSHEVA DANCE CO FOREST HILLS, NY | GENERAL FUND | $2,500 |
| ARTADIA BROOKLYN, NY | GENERAL FUND | $2,500 |
| BROWN UNIVERSITY - ANNUAL FUND PROVIDENCE, RI | GENERAL FUND | $5,000 |
| CARINGKIND - NEW YORK, NY | GENERAL FUND | $2,500 |
| CENTER FOR ART RESEARCH AND ALLIANCE NEW YORK, NY | GENERAL FUND | $2,000 |
| COLUMBIA UNIVERSITY OPHTHALMOLOGY - NEARNESS OF YOU - IN HONOR OF SIDDHARTH NEW YORK, NY | GENERAL FUND | $10,000 |
| COVENANT HOUSE INTERNATIONAL NEW YORK, NY | GENERAL FUND | $1,000 |
Leadership & Key People
Leadership team and compensation from IRS filings
- Lawrence Saper — President
- Carol Saper — Vice-President/Treasurer
- Martin Nussbaum — Secretary
All three serve on a volunteer basis with no compensation.
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| LAWRENCE SAPER | PRESIDENT | 2 | — |
| CAROL SAPER | VICE-PRESIDENT/TREASURER | 2 | — |
| MARTIN NUSSBAUM | SECRETARY | 2 | — |
Contact Information
Address: Co Anchin 3 Times Square New York City, NY 10036
Phone: 212-840-3456
EIN: 13-3946616
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What does The Lawrence and Carol Saper Foundation fund?
The foundation's primary funding interests include: • Education • Philanthropy, Voluntarism & Grantmaking • Human Services • Arts and creative fields • Historic preservation • Journalism
How do I apply for a grant from The Lawrence and Carol Saper Foundation?
**Grant Activity:** • Total giving: $698,135 to $745,000 (depending on fiscal year) • Typical grant awards range from $100 to $412,000 • Median grant size: $3,600 • Maximum grant observed: $335,000 • The foundation made 67 grants in the most recent reporting period **Recent Grant Examples (2024):** • Metropolitan Museum of Art: $30,000 • San Francisco Museum of Modern Art: $25,000 • World Monuments Fund: $25,000 **Application Process:** The foundation does not accept unsolicited proposals and w…
Where does The Lawrence and Carol Saper Foundation make grants?
The foundation primarily funds organizations in New York, California, and Rhode Island.
What size grants does The Lawrence and Carol Saper Foundation award?
In 2024, The Lawrence and Carol Saper Foundation awarded 71 grants totaling $698K — an average of about $10K per grant, based on its IRS Form 990 filings.
How much is The Lawrence and Carol Saper Foundation required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, The Lawrence and Carol Saper Foundation reported a distributable amount of $854K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is The Lawrence and Carol Saper Foundation's EIN?
The Lawrence and Carol Saper Foundation's EIN (Employer Identification Number) is 13-3946616. IRS Form 990 filing data is available on this page for 2020–2024.
Explore Open Grants
Browse active grant opportunities in The Lawrence and Carol Saper 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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