Karyn Gerschel Lamb Foundation
- Assets
- $880.2k
- Revenue
- $42.3k
- Investments
- $662.8k
- Employees
- 0
- Location
- New York, NY
- Founding
- 12/2001
- Data as of
- 12/2021
- EIN
- 31-6671633
Organization Overview
Karyn Gerschel Lamb Foundation is located in New York, NY. The organization was established in 2001. 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. Karyn Gerschel Lamb 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, Karyn Gerschel Lamb Foundation generated $42.3k in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 16.8% each year . All expenses for the organization totaled $46.6k during the year ending 12/2021. While expenses have increased by 0.0% per year over the past 7 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 2014, Karyn Gerschel Lamb Foundation has awarded 129 individual grants totaling $305,535. 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 |
|---|---|---|---|
Karyn Gerschel Lamb Trustee | 2 | $0 | |
Patrick A Gerschel Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $49 |
| Dividends & Interest | $57,443 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | -$15,154 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $42,338 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $1,100 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $649 |
| Total operating and administrative expenses | $1,749 |
| Contributions, gifts, grants paid | $44,850 |
| Total expenses and disbursements | $46,599 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $217,330 |
| Net Accounts receivable | $0 |
| 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 | $0 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $880,153 |
| 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 | $0 |
| Total liabilities | $0 |
Grants Awarded
Over the last fiscal year, Karyn Gerschel Lamb Foundation has awarded $44,850 in support to 18 organizations.
| Grant Recipient | Amount |
|---|---|
West Palm Beach, FL PURPOSE: SUPPORT FOR THE 2021-2022 GARDENS CONSERVANCY MEMBERSHIP FUND AND SUPPORT CONSERVATION AND RESTORATION PROJECTS FOR ANN NORTON'S ARTWORKS, HISTORIC HOME, STUDIO AND GARDENS. | $10,500 |
North Andover, MA PURPOSE: CONTRIBUTION TO BROOKS FUND TO ENCOURGE STUDENTS TO DEVELOP ANALYTIC AND CREATIVE CAPACITIES, TO READ CRITICALLY AND BROADEN AESTHEIC SENSIBILITY. | $10,000 |
Lexington, VA PURPOSE: CONTRIBUTIONS TO THE ANNUAL GIVING FOR AREA OF GREATEST NEED AND ANNUAL GIVING FOR LAW SCHOOL AREA OF GREATEST NEED TO ENHANCE EDUCATION AT THE UNIVERSITY. | $7,500 |
EAGLEBROOK SCHOOL PURPOSE: DONATION TO ANNUAL FUND TO HELP SCHOOL PROVIDE SCHOLARSHIP ASSISTANCE, DELIVER ACADEMIC EXCELLENCE AND TRAIN DEDICATED FACULTY. | $2,500 |
Aspen, CO PURPOSE: DONATION IN SUPPORT OF MISSION TO PRESENT AND PERSERVE JAZZ AND RELATED FORMS OF MUSIC THROUGH WORLD CLASS EVENTS, PREFORMANCES AND EDUCATION PROGRAMS. | $2,000 |
RED SNEAKERS FOR OAKLEY PURPOSE: DONATION IN SUPPORT FOR RAISING AWARENESS, SPREADING KNOWLEDGE AND SAVINGS LIVES OF PERSONS THAT SUFFER FROM FOOD ALERGIES AND ANAPHYLAXIS. | $1,750 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Richard K Lubin Family Foundation Boston, MA | $152,996,918 | $13,537,947 |
The Selz Foundation New York, NY | $142,395,054 | $24,456,334 |
Rita Allen Foundation Princeton, NJ | $219,012,203 | $23,878,841 |
The Derfner Foundation New York, NY | $158,472,968 | $13,106,656 |
Jill Roberts Charitable Foundation Inc Garden City, NY | $11,485 | $9,710,793 |
James And Merryl Tisch Foundation Inc New York, NY | $1,291,425 | $11,020,609 |
Tortuga Foundation New York, NY | $110,168,381 | $33,186,414 |
The Joseph H Flom Foundation New York, NY | $6,836,169 | $3,314,736 |
The Applebaum Foundation Inc New York, NY | $229,643,281 | $16,929,047 |
Deutsche Bank Americas Foundation New York, NY | $38,867,163 | $11,020,529 |
Charles A Dana Fdn Inc New York, NY | $248,257,333 | $20,769,847 |
The Powder Mill Foundation York, PA | $147,181,195 | $3,651,780 |