David L Lieb Foundation Inc
- Assets
- $0.0
- Revenue
- $294.1k
- Investments
- $4.0m
- Employees
- 0
- Location
- New York, NY
- Founding
- 03/1959
- Data as of
- 12/2021
- EIN
- 13-6077728
Organization Overview
David L Lieb Foundation Inc is located in New York, NY. The organization was established in 1959. 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. David L Lieb 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 12/2021, David L Lieb Foundation Inc generated $294.1k in total revenue. This represents relatively stable growth, over the past 3 years the organization has increased revenue by an average of 4.6% each year. All expenses for the organization totaled $450.7k during the year ending 12/2021. While expenses have increased by 1.6% per year over the past 3 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 2019, David L Lieb Foundation Inc has awarded 214 individual grants totaling $1,076,786. 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 |
|---|---|---|---|
Sam Lieb Vice President | 0 | $0 | |
Barbara Lieb Baumstein President | 20 | $50,000 | |
Jeffrey Baumstein Treasurer | 0 | $0 | |
Toby Lieb Secretary | 20 | $50,000 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $38 |
| Dividends & Interest | $72,648 |
| Profit on Inventory Sales | $0 |
| Other Income | -$16,197 |
| Total Revenue | $294,106 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $100,000 |
| Pension plans, employee benefits | $25,000 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Total operating and administrative expenses | $178,779 |
| Contributions, gifts, grants paid | $271,904 |
| Total expenses and disbursements | $450,683 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $0 |
| Other assets | $3,536 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $139,359 |
Grants Awarded
Over the last fiscal year, David L Lieb Foundation Inc has awarded $289,764 in support to 52 organizations.
| Grant Recipient | Amount |
|---|---|
BALLEN ISLES CHARITY FOUNDATION PURPOSE: CHARITABLE | $22,671 |
BETH SHALOM SYNAGOGUE PURPOSE: CHARITABLE | $500 |
DAMON RUNYON FOUNDATION PURPOSE: CHARITABLE | $5,000 |
BRAHMANDA SARASWATI PURPOSE: CHARITABLE | $11,000 |
FAIRFIELD ARTS CONVENTION CENTER PURPOSE: CHARITABLE | $1,000 |
FRIENDS SELECT SCHOOL PURPOSE: CHARITABLE | $500 |