The Sydelle and Michael J Lazar Foundation Inc

Private foundation · Grantmaker Boca Raton, FL EIN: 04-3674101

The Sydelle and Michael J Lazar Foundation Inc is a private foundation, based in Boca Raton, FL. IRS filing data is available from 2020 through 2023. In 2023, it awarded 4 grants totaling $55K. Net investment income was $99.

Key facts about The Sydelle and Michael J Lazar Foundation Inc

In short: The Sydelle and Michael J Lazar Foundation Inc gave $55K across 4 grants in 2023 (avg $14K), mostly in Florida. Source: 2023 IRS Form 990-PF.

EIN
04-3674101
Latest 990 filing
Form 990-PF, 2023
Annual giving (2023)
$54,998
Grants made (2023)
4
Average grant
$13,750
Median grant
$7,656
Primary geography
Florida (100% of itemized 2023 grant dollars)

Data from IRS Form 990-PF, 2023; updated September 2026.

Financial Overview

From 2023 IRS Form 990-PF · View filing

Total Assets

—

Annual Giving

$55K

-6.0% YoY

Grant Count

4

-33.3% YoY

Avg Grant Size

$14K

+41.0% YoY

Under IRS private-foundation payout rules, The Sydelle and Michael J Lazar Foundation Inc reported a distributable amount of $562 for 2023 — the minimum it must pay out in qualifying distributions.

How The Sydelle and Michael J Lazar Foundation Inc gives

  • Giving grew 53% from 2020 to 2023. Method
  • In 2023 it paid out well above its IRS minimum distribution (the 5% rule). Method

From the foundation's IRS Form 990-PF filings. Methodology.

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

2states

Share of 2023 grant dollars across all 4 itemized grants.

Cities

Boca RatonNew YorkWest Palm Beach

Giving Over Time

Total grant dollars and number of grants per year

$0$20K$40K$60K4 grants2020 4 grants2021 6 grants2022 4 grants2023

From 2020 to 2023, annual grant giving ranged from $13K (2021) to $59K (2022). In 2023 it made 4 grants totaling $55K.

Grant Insights

How this funder distributes its grants

Top Recipients

Top 4 recipients in 2023

Adolph & Rose Levis JCC: $39KAdolph & Rose Levis JCC$39KJewish Federation of South Palm Beach County: $10KJewish Federation of SouthPalm Beach County$10KThe Boca Jewish Center Shaaray Tefilla: $5KThe Boca Jewish Center ShaarayTefilla$5KBoca Raton Regional Hospital Foundation: $937Boca Raton Regional HospitalFoundation$937

The largest 2023 recipient was Adolph & Rose Levis JCC ($39K). Together the top 4 received $55K.

Grant Size Distribution

18 grants across all recorded years

18<$50K$50–100K$100–250K$250–500K$500K–1M$1–5M$5M+

The most common grant size was under $50K: 18 grants of 18 (100%).

Giving History

Grant recipients and amounts by year

RecipientPurposeAmount
Adolph & Rose Levis JCC Boca Raton, FLContribution$38,750
Jewish Federation of South Palm Beach County Boca Raton, FLContribution$10,000
The Boca Jewish Center Shaaray Tefilla Boca Raton, FLContribution$5,311
Boca Raton Regional Hospital Foundation Boca Raton, FLContribution$937

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$50K$100K$150K2020 2021 2022 2023
Metric202320222021
Total Assets—$56,308$118,688
Revenue$99$127$-6,405
Expenses$56,407$62,507$13,862
Qualifying Distributions$54,998$58,517$12,605
Net Investment Income$99$127$112,930
Distributable Amount$562$3,516$4,579

Data update history

When this profile's IRS filing data changed on Grantable

  1. IRS filings on file for fiscal years 2020–2023

Leadership & Key People

Officers and directors from IRS filings

The Sydelle and Michael J Lazar Foundation Inc is led by Ethan Lazar, President on every filing since 2020; none of the 2 officers listed in 2023 report compensation.

Officers on the 2023 filing

  • Ethan Lazar

    President

    On filings since 2020

    No compensation reported

  • Sydelle Lazar

    Treasurer

    On filings since 2020

    No compensation reported

Data from IRS Form 990 filings, 2020–2023. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.

Frequently asked questions about The Sydelle and Michael J Lazar Foundation Inc

How much does The Sydelle and Michael J Lazar Foundation Inc give each year?

The Sydelle and Michael J Lazar Foundation Inc gave $55K across 4 grants in 2023, according to its 2023 IRS Form 990-PF. In 2022 it gave $59K across 6 grants.

What is The Sydelle and Michael J Lazar Foundation Inc's typical grant size?

The Sydelle and Michael J Lazar Foundation Inc's median grant in 2023 was $7,656, and its average grant was $13,750, across 4 grants on its 2023 IRS Form 990-PF.

Where does The Sydelle and Michael J Lazar Foundation Inc give grants?

The Sydelle and Michael J Lazar Foundation Inc gives mostly in Florida: 100% of the grant dollars itemized on its 2023 IRS Form 990-PF went to recipients there. The most frequent recipient cities were Boca Raton, FL (4 grants).

Does The Sydelle and Michael J Lazar Foundation Inc give general operating support?

Not in 2023: none of the 4 grants with a stated purpose on The Sydelle and Michael J Lazar Foundation Inc's 2023 IRS Form 990-PF were described as general or operating support. Recurring purposes include "Contribution" (4 grants).

How much is The Sydelle and Michael J Lazar Foundation Inc required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2023, The Sydelle and Michael J Lazar Foundation Inc reported a distributable amount of $562 on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.

What is The Sydelle and Michael J Lazar Foundation Inc's EIN?

The Sydelle and Michael J Lazar Foundation Inc's EIN (Employer Identification Number) is 04-3674101. IRS Form 990 filing data is available on this page for 2020–2023.

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

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