The Lipsey Family Foundation is a private foundation focused on Human Services, based in BATON ROUGE, LA. IRS filing data is available from 2021 through 2024. As of 2024, the organization holds $1.9M in total assets. In 2024, it awarded 4 grants totaling $80K. Net investment income was $67K.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$1.9M
+98.0% YoY
Annual Giving
$80K
-11.1% YoY
Grant Count
4
-42.9% YoY
Avg Grant Size
$20K
+55.6% YoY
Under IRS private-foundation payout rules, The Lipsey Family Foundation reported a distributable amount of $68K for 2024 — the minimum it must pay out in qualifying distributions.
About The Lipsey Family Foundation
Based on IRS filings
The Lipsey Family Foundation is a private foundation focused on Human Services, based in BATON ROUGE, LA. IRS filing data is available from 2021 through 2024. As of 2024, the organization holds $1.9M in total assets. In 2024, it awarded 4 grants totaling $80K. Net investment income was $67K.
Focus Areas
Ready to take the next step with The Lipsey Family Foundation?
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 | $1,869,929 | $944,384 | — |
| Revenue | $1,006,989 | $1,034,611 | — |
| Expenses | $83,322 | $90,550 | — |
| Qualifying Distributions | $80,000 | $90,000 | — |
| Net Investment Income | $66,989 | $34,612 | — |
| Distributable Amount | $68,372 | $22,774 | — |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 4 recipients in 2024
Grant Size Distribution
11 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include Friends of La Key Academy ($50,000), Health Network Foundation ($15,000), Of Moving Colors ($7,500).
| Recipient | Purpose | Amount |
|---|---|---|
| OF MOVING COLORS BATON ROUGE, LA | TO PROVIDE FUNDS TO SUPPORT DANCE THEATRE ORGANIZATION. | $7,500 |
| TEACH FOR AMERICA BATON ROUGE, LA | TO PROVIDE FUNDS TO SUPPORT AN ORGANIZATION THAT WORKS TOWARDS EDUCATIONAL EXCELLENCE AND EQUITY FOR ALL CHILDREN. | $7,500 |
| HEALTH NETWORK FOUNDATION PEPPER PIKE, OH | TO PROVIDE FUNDS TO SUPPORT ORGANIZATION THAT CONNECT BUSINESS LEADERS WITH LEADING HOSPITALS AND FUND RESEARCH THAT ADVANCES MEDICAL CARE. | $15,000 |
| FRIENDS OF LA KEY ACADEMY BATON ROUGE, LA | TO PROVIDE FUNDS TO SUPPORT ORGANIZATION THAT SUPPORTS CHILDREN WITH DYSLEXIA. | $50,000 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| RICHARD LIPSEY | PRESIDENT | — | — |
| WENDY LIPSEY | VICE-PRESIDENT | — | — |
| SUSAN LIPSEY | SECRETARY | — | — |
| LAURIE ARONSON | TREASURER | — | — |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is The Lipsey Family Foundation?
The Lipsey Family Foundation is a private foundation focused on Human Services, based in BATON ROUGE, LA. It holds $1.9M in total assets as of 2024.
How large is The Lipsey Family Foundation?
As of 2024, The Lipsey Family Foundation holds $1.9M in total assets with $1.0M in annual revenue. It awarded 4 grants totaling $80K in 2024.
Where does The Lipsey Family Foundation operate?
The Lipsey Family Foundation has awarded grants in Louisiana, Ohio.
What size grants does The Lipsey Family Foundation award?
In 2024, The Lipsey Family Foundation awarded 4 grants totaling $80K — an average of about $20K per grant, based on its IRS Form 990 filings.
How much is The Lipsey Family Foundation required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, The Lipsey Family Foundation reported a distributable amount of $68K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is The Lipsey Family Foundation's EIN?
The Lipsey Family Foundation's EIN (Employer Identification Number) is 87-3114985. IRS Form 990 filing data is available on this page for 2021–2024.
Explore Open Grants
Browse active grant opportunities in The Lipsey Family Foundation's focus areas in our free grants database
Related Funders
Similar funders by location and focus area
Team Lamada
BATON ROUGE, LA
Assets
—
Grants
0
Total Given
—
The Feather Fund NOLA
MANDEVILLE, LA
Assets
$3K
Grants
0
Total Given
—
Orleans Parish Prison Reform Coalition
NEW ORLEANS, LA
Assets
$156K
Grants
1
Total Given
$20K
Ballengee Family Foundation Trust
SHREVEPORT, LA
Assets
—
Grants
4
Total Given
$7K
Foundation for Louisiana
NEW ORLEANS, LA
Assets
$16.8M
Grants
99
Total Given
$2.1M
The Fellowship of Orthopaedic
METAIRIE, LA
Assets
$903K
Grants
0
Total Given
—
Data last updated April 2026. Sourced from IRS Form 990-PF filings.
What could you do with The Lipsey Family Foundation on Grantable?
- Assess strategic fit with your organization
- Draft a tailored letter of inquiry
- Find open RFPs from this funder
- Monitor for new funding opportunities
Go from researching The Lipsey Family Foundation to a real strategy.