Private Foundation · NJ
Phyllis & Norman Lipsett Foundation
Watchung, NJ · EIN 232185093 · Website (ProPublica) ↗ · 990s on ProPublica ↗
Assets
$1.8M
Total Giving
$437K
Grants on File
4
Average Grant
$109K
Giving Radius
Where Phyllis & Norman Lipsett Foundation Has Given
Section I
How to Apply
No special form required.
On Unsolicited Proposals yes
Restrictions
None
Section IV
Recent Grants
| Recipient | Amount | Year |
|---|---|---|
| Livingston, NJ | $141K | 2020 |
| Livingston, NJ | $100K | 2021 |
| Watchung, NJ | $85K | 2022 |
| Watchung, NJ | $111K | 2023 |
4 grants total
Section VI
Filing History
Year-by-year financial summary from IRS 990-PF filings. Total assets and qualifying distributions show the foundation's growth and giving trajectory.
| Year | Total Assets | Qualifying Distributions | Total Revenue | Total Expenses |
|---|---|---|---|---|
| 2023 | $1.8M | $99K | $8K | $135K |
| 2022 | $1.9M | $108K | $137K | $115K |
| 2021 | $1.9M | $110K | $133K | $128K |
| 2020 | $1.9M | $98K | $43K | $174K |
| 2019 | $2.0M | $93K | $242K | $98K |
| 2015 | $1.9M | $101K | $21K | $114K |
| 2014 | $2.0M | $104K | $188K | $184K |
| 2013 | $2.0M | $103K | $168K | $135K |
| 2012 | $1.9M | $104K | $24K | $159K |
| 2011 | $2.1M | $110K | $22K | $195K |