The Lessing Family Foundation

ALBANY, NY EIN: 03-0518473

The Lessing Family Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in ALBANY, NY. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $464K in total assets. In 2024, it awarded 4 grants totaling $28K. Net investment income was $11K.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$464K

-3.9% YoY

Annual Giving

$28K

-8.3% YoY

Grant Count

4

+100.0% YoY

Avg Grant Size

$7K

-54.2% YoY

Under IRS private-foundation payout rules, The Lessing Family Foundation reported a distributable amount of $35K for 2024 — the minimum it must pay out in qualifying distributions.

About The Lessing Family Foundation

Based on IRS filings

The Lessing Family Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in ALBANY, NY. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $464K in total assets. In 2024, it awarded 4 grants totaling $28K. Net investment income was $11K.

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

3states

Cities

AlbanyBrooklynCold Spring HarborFairfieldHobe SoundJupiterNew York

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$150K$300K$450K$601K20202021202220232024
Metric202420232022
Total Assets$464,365$483,048$508,397
Revenue$13,917$9,751$12,996
Expenses$32,600$35,100$33,106
Qualifying Distributions$30,000$32,600$27,600
Net Investment Income$11,415$7,242$10,490
Distributable Amount$35,381$26,955$28,050

Giving Over Time

Total grant dollars and number of grants per year

$0$135K$270K$405K$540K1 grants20203 grants20211 grants20222 grants20234 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 4 recipients in 2024

JUPITER MEDICAL CENTER F…$15KFIVER FOUNDATION$5KBOYS HOPE GIRLS HOPE$5KCITYLAX$3K

Grant Size Distribution

11 grants across all recorded years

10<$50K$50–100K$100–250K1$250–500K$500K–1M$1–5M$5M+

Giving History

Grant recipients and amounts by year

Among its reported 2024 grants, the largest include Jupiter Medical Center Foundation ($15,000), Fiver Foundation ($5,000), Boys Hope Girls Hope ($5,000).

RecipientPurposeAmount
JUPITER MEDICAL CENTER FOUNDATION JUPITER, FLGENERAL CHARITABLE PURPOSES$15,000
CITYLAX NEW YORK, NYGENERAL CHARITABLE PURPOSES$2,500
FIVER FOUNDATION NEW YORK, NYGENERAL CHARITABLE PURPOSES$5,000
BOYS HOPE GIRLS HOPE BROOKLYN, NYGENERAL CHARITABLE PURPOSES$5,000

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

From 2024 filing

NameTitleHoursCompensation
STEPHEN M LESSINGTRUSTEE1
SANDRA LESSINGTRUSTEE1

Subject Areas

Focus areas based on grantmaking activity

Frequently Asked Questions

What is The Lessing Family Foundation?

The Lessing Family Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in ALBANY, NY. It holds $464K in total assets as of 2024.

How large is The Lessing Family Foundation?

As of 2024, The Lessing Family Foundation holds $464K in total assets with $14K in annual revenue. It awarded 4 grants totaling $28K in 2024.

Where does The Lessing Family Foundation operate?

The Lessing Family Foundation has awarded grants in Connecticut, Florida, New York.

What size grants does The Lessing Family Foundation award?

In 2024, The Lessing Family Foundation awarded 4 grants totaling $28K — an average of about $7K per grant, based on its IRS Form 990 filings.

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

Private foundations must generally distribute about 5% of their assets annually. For 2024, The Lessing Family Foundation reported a distributable amount of $35K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.

What is The Lessing Family Foundation's EIN?

The Lessing Family Foundation's EIN (Employer Identification Number) is 03-0518473. IRS Form 990 filing data is available on this page for 2020–2024.

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Related Funders

Similar funders by location and focus area

Data last updated April 2026. Sourced from IRS Form 990-PF filings.

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