The Lawrence Foundation
- Assets
- $74.3m
- Revenue
- $2.7m
- Investments
- $48.3m
- Employees
- 0
- Location
- Orient, NY
- Founding
- 08/1977
- Data as of
- 12/2021
- EIN
- 13-2880731
Organization Overview
The Lawrence Foundation is located in Orient, NY. The organization was established in 1977. 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. Lawrence Foundation 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 12/2021, Lawrence Foundation generated $2.7m in total revenue. All expenses for the organization totaled $4.0m during the year ending 12/2021.
Since 2020, Lawrence Foundation has awarded 160 individual grants totaling $7,054,700. 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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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Lawrence Bernstein Trustee/exec Director | 40 | $184,749 | |
Audrey Bernstein Trustee/program Officer | 20 | $57,033 | |
Laura J Bernstein Trustee | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $1,519,451 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $1,139,721 |
| Capital Gain Net Income | $1,139,721 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $2,659,172 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $241,782 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $39,793 |
| Interest | $0 |
| Taxes | $21,769 |
| Depreciation | $1,535 |
| Occupancy | $14,400 |
| Travel, conferences, and meetings | $382 |
| Printing and publications | $0 |
| Other expenses | $87,111 |
| Total operating and administrative expenses | $517,589 |
| Contributions, gifts, grants paid | $3,523,700 |
| Total expenses and disbursements | $4,041,289 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $154,319 |
| Savings and temporary cash investments | $25,816,772 |
| Net Accounts receivable | $188 |
| Net Pledges Receivable | $0 |
| Grants receivable | $0 |
| Receivables from Officers, Directors, or Controlling Persons | $0 |
| Net other notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $458,692 |
| Net Land, buildings, and equipment | $2,341 |
| Other assets | $6,961 |
| Total assets | $74,293,520 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $1,632 |
| Total liabilities | $1,632 |
Grants Awarded
Over the last fiscal year, The Lawrence Foundation has awarded $3,523,700 in support to 85 organizations.
| Grant Recipient | Amount |
|---|---|
Mount Kisco, NY PURPOSE: FOR COMMUNITY DEVELOPMENT PURPOSES | $105,000 |
THE LONG ISLAND COMMUNITY FOUNDATION (DAF) PURPOSE: FOR COMMUNITY DEVELOPMENT PURPOSES | $92,500 |
New York, NY PURPOSE: FOR HOUSING PURPOSES | $75,000 |
Washington, DC PURPOSE: FOR COMMUNITY DEVELOPMENT PURPOSES | $75,000 |
ARBOR BROTHERS PURPOSE: FOR COMMUNITY DEVELOPMENT PURPOSES | $75,000 |
New York, NY PURPOSE: FOR EDUCATIONAL PURPOSES | $75,000 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that The Lawrence Foundation has recieved totaling $2,000.
| Awarding Organization | Amount |
|---|---|
Zichron Yechiel Mechel Foundation Uniondale, NY PURPOSE: UNRESTRICTED | $2,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
John R Oishei Foundation Buffalo, NY | $294,151,477 | $18,357,929 |
Lor Foundation Inc West Chester, PA | $352,392,197 | $12,888,892 |
Grable Foundation Pittsburgh, PA | $386,701,292 | $35,946,563 |
Connelly Foundation West Conshohocken, PA | $387,913,026 | $27,891,431 |
American Express Foundation New York, NY | $66,234,265 | $62,922,703 |
Essel Foundation Inc Purchase, NY | $100,106,056 | $12,292,478 |
Beth And Ravenel Curry Foundation New York, NY | $0 | $44,744,046 |
Kz Family Foundation New York, NY | $10,936,301 | $30,139,672 |
The Freeman Foundation P-01644-00-7 New York, NY | $343,405,683 | $35,941,951 |
Hearst Foundation Inc New York, NY | $439,249,947 | $42,040,987 |
Tansy Charitable Foundation New York, NY | $325,076,608 | $77,631,295 |
Gordon & Llura Gund Foundation Princeton, NJ | $18,024,465 | $6,191,436 |