The Lubert Family Foundation Inc
The Lubert Family Foundation Inc is a private grantmaking foundation based in Philadelphia, Pennsylvania. Designated as a 501(c)(3) organization, the foundation has been tax-exempt since January 2006. The foundation operates as a private grantmaking foundation with broad philanthropic interests across multiple states and communities.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$42.7M
+17.8% YoY
Annual Giving
$1.5M
+85.2% YoY
Grant Count
46
+21.1% YoY
Avg Grant Size
$32K
+53.0% YoY
Mission & Focus Areas
The foundation does not specify particular subject areas of focus, indicating broad philanthropic interests. However, its grantmaking has historically concentrated on:
- Education
- Philanthropy, Voluntarism & Grantmaking
- Human Services
The foundation supports various cities and states across the United States, including major metropolitan areas and smaller communities.
Grantmaking
The foundation is open to new applicants.
Grant Range
s & Activity:**
Average Grant
$83
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Geographic Focus
Where this funder awards grants
The foundation supports a wide range of geographic areas across the United States, with particular activity in:
- Pennsylvania (primary location)
- Colorado
- Maryland
- California
- Florida
- Texas
The foundation also supports major cities including New York, Los Angeles, and Philadelphia, as well as smaller communities across numerous states.
Grant Distribution by State
States
Cities
Financial History
Multi-year comparison from IRS filings
Assets:
- $36.2 million to $42.7 million (varies by reporting year)
Annual Activity:
- Total giving: $1,451,011 (2024)
- Total expenses: $995,798 to $996,000
- Revenue: $20,594,132 to $20.6 million
Liabilities:
- $0 (2023)
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $42,675,141 | $36,220,459 | $15,418,684 |
| Revenue | $9,494,389 | $20,594,132 | $892,003 |
| Expenses | $1,744,163 | $995,798 | $874,217 |
| Qualifying Distributions | $1,451,011 | $783,500 | $700,370 |
| Net Investment Income | $6,284,721 | $473,426 | $706,526 |
| Distributable Amount | $1,789,649 | $1,029,395 | $777,617 |
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
199 grants across all recorded years
Giving History
Grant recipients and amounts by year
No grants recorded for .
Leadership & Key People
Leadership team and compensation from IRS filings
- President: Ira M. Lubert (serves without compensation)
- Vice-President: Kristine Ives (compensation: $75,000)
- Secretary: Tricia Billings (serves without compensation)
- Treasurer: Jonathan Lubert (serves without compensation)
The foundation operates with one employee.
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| ira m lubert | president | — | — |
| kristine Ives | vice-president | — | $75,000 |
| tricia billings | secretary | — | — |
| jonathan lubert | treasurer | — | — |
Recent News & Activity
Recent developments and announcements
The foundation and its leadership have made significant philanthropic commitments to Penn State University:
**2024:** $10 million gift to name the Lubert Family Welcome Center at Beaver Stadium
$10 million Gift Names the Lubert Family Welcome Center at Beaver Stadium**2017:** $5 million gift to Penn State with $1.75 million designated for Lasch renovations
$10 million Gift Names the Lubert Family Welcome Center at Beaver StadiumAdditionally, Ira M. Lubert pledged $4 million to the United Way Endowment Fund.
$10 million Gift Names the Lubert Family Welcome Center at Beaver StadiumSubject Areas
Focus areas based on grantmaking activity
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Data last updated April 2026. Sourced from IRS Form 990-PF filings. Research dossier generated April 2026.
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