Comprehensive foundation profile based on the most recent IRS Form 990 filing
The Frank and Mary Lamberson Foundation is a philanthropic organization based in Chicago, Illinois, with assets totaling $1,149,081. The foundation focuses on supporting initiatives in education, philanthropy, and community and economic development. Despite having expenses of $85,300, the foundation generated a revenue of $67,226. It provides funding to various cities across the United States, including Ann Arbor, Asheville, Burnsville, Detroit, Poughkeepsie, Spruce Pine, Staten Island, and Stuart, and operates in states such as Florida, Michigan, North Carolina, and New York. The foundation does not have a publicly listed website or detailed information about its leadership or staff.
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Financials
+2.6% from previous year
8 grants awarded in 2024
Of total revenue spent on programs
Grants
| Purpose | Location | |||
|---|---|---|---|---|
| $30,000 | FLORIDA OCEANOGRAPHIC SOCIETY | GENERAL | Stuart, FL, US | 2022 |
| $30,000 | FLORIDA OCEANOGRAPHIC SOCIETY | GENERAL | Stuart, FL, US | 2023 |
| $20,000 | FLORIDA OCEANOGRAPHIC SOCIETY | GENERAL | Stuart, FL, US | 2024 |
| $14,500 | COMMUNITY FOUNDATION OF WNC | GENERAL | Asheville, NC, US | 2023 |
| $12,500 | COMMUNITY FOUNDATION OF WNC | GENERAL | Asheville, NC, US | 2024 |
| $11,000 | COMMUNITY FOUNDATION OF WNC | GENERAL | Asheville, NC, US | 2022 |
| $10,000 | VASSER COLLEGE | GENERAL | Pughkeepsie, NY, US | 2022 |
| $9,000 | VASSER COLLEGE | GENERAL | Pughkeepsie, NY, US | 2024 |
| $6,500 | VASSER COLLEGE | GENERAL | Pughkeepsie, NY, US | 2023 |
| $5,500 | ASHEVILLE ART MUSEUM ASSOCIATION INC | GENERAL | Asheville, NC, US | 2024 |
People
Compensation data from most recent available 990 forms
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Financial data sourced from IRS 990 forms via ProPublica Nonprofit Explorer
View on ProPublica Nonprofit ExplorerLast updated on August 25, 2025