Ethel & Abe Lapides Foundation Inc

Organization Overview

Ethel & Abe Lapides Foundation Inc is located in New Haven, CT. The organization was established in 1948. According to its NTEE Classification (T20) the organization is classified as: Private Grantmaking Foundations, under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Ethel & Abe Lapides Foundation Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.

For the year ending 11/2022, Ethel & Abe Lapides Foundation Inc generated $105.2k in total revenue. This organization has experienced exceptional growth, as over the past 6 years, it has increased revenue by an average of 18.0% each year . All expenses for the organization totaled $98.8k during the year ending 11/2022. While expenses have increased by 3.2% per year over the past 6 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.

Since 2015, Ethel & Abe Lapides Foundation Inc has awarded 362 individual grants totaling $404,350. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.

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Financial Statements

Statement of Revenue
Contributions, Gifts, Grants & Similar $0
Interest on Savings $1,925
Dividends & Interest $36,224
Net Rental Income$0
Net Gain on Sale of Assets $67,095
Capital Gain Net Income $67,095
Net ST Capital Gain $0
Income Modifications $0
Profit on Inventory Sales $0
Other Income $0
Total Revenue $105,244

Grants Awarded

Over the last fiscal year, Ethel & Abe Lapides Foundation Inc has awarded $63,750 in support to 57 organizations.

Grant RecipientAmount

CONNECTICUT FOOD BANK

PURPOSE: FEED THE NEEDY

$4,000

WOMEN'S HEALTH RESEARCH AT YALE

PURPOSE: MEDICAL RESEARCH SUPPORT

$3,000

New Haven, CT

PURPOSE: SUPPORT OF THE HOMELESS

$3,000

DOWNTOWN EVENING SOUP KITCHEN

Org PageRecipient Profile

New Haven, CT

PURPOSE: FEED THE HOMELESS

$3,000

CONGREGATION MISHKAN ISRAEL

PURPOSE: PROGRAM SUPPORT

$2,000

CLIFFORD BEERS CLINIC

PURPOSE: SUPPORT OF CHILDREN IN NEED

$2,000
View Grant Profile

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