Edward Lappen Foundation is located in Cohasset, MA. The organization was established in 2018. 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. Edward Lappen 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 06/2022, Edward Lappen Foundation generated $4.1k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 3 years, the organization has seen revenues fall by an average of (40.2%) each year. All expenses for the organization totaled $17.4k during the year ending 06/2022. You can explore the organizations financials more deeply in the financial statements section below.
Form
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2022
Describe the Organization's Program Activity:
Part 3 - Line 4a
DONATION MADE TO COHASSET HIGH SCHOOL EDWARD LAPPEN LEADERSHIP SCHOLARSHIP
DONATION MADE TO COHASSET CENTER FOR COASTAL RESEARCH
DONATION MADE TO EMPATH
DONATION MADE TO ARTISTS FOR HUMANITY
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Helene Lieb President/dir | 10 | $0 | |
Ross Lieb-Lappen Treasurer/dir | 2 | $0 | |
Mia Lieb-Lappen Panzer Clerk/director | 2 | $0 | |
Stephen Etkind Director | 0.1 | $0 | |
Michael Panzer Director | 0.1 | $0 |
Statement of Revenue | |
---|---|
Contributions, Gifts, Grants & Similar | $0 |
Interest on Savings | $0 |
Dividends & Interest | $13,029 |
Net Rental Income | $0 |
Net Gain on Sale of Assets | -$8,913 |
Capital Gain Net Income | $0 |
Net ST Capital Gain | $0 |
Income Modifications | $0 |
Profit on Inventory Sales | $0 |
Other Income | $0 |
Total Revenue | $4,116 |
Statement of Expenses | |
---|---|
Compensation of officers, directors, trustees, etc | $0 |
Other employee salaries and wages | $0 |
Pension plans, employee benefits | $0 |
Interest | $0 |
Taxes | $426 |
Depreciation | $0 |
Occupancy | $0 |
Travel, conferences, and meetings | $0 |
Printing and publications | $0 |
Other expenses | $0 |
Total operating and administrative expenses | $9,641 |
Contributions, gifts, grants paid | $7,750 |
Total expenses and disbursements | $17,391 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $28,084 |
Savings and temporary cash investments | $0 |
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 | $375,656 |
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 |
Over the last fiscal year, Edward Lappen Foundation has awarded $7,750 in support to 7 organizations.
Grant Recipient | Amount |
---|---|
COHASSET PUBLIC SCHOOLS PURPOSE: EDUCATION | $2,000 |
Boston, MA PURPOSE: SERVE URBAN YOUTH | $1,000 |
WELLSPRING MULTI-SERVICE PURPOSE: SERVE COMMUNITY | $1,000 |
DARTMOUTH-HITCHCOCK FOUNDATION PURPOSE: COMBAT HUMAN AILMENTS | $1,000 |
EMPATH PURPOSE: COMBAT POVERTY | $1,000 |
COHASSET CENTER FOR COASTAL PURPOSE: EDUCATION | $1,000 |
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 |
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 |
Motulsky-Nacht Family Foundation New York, NY | $171,149,787 | $10,722,392 |
Griffith R Harsh Iv And Margaret Cwhitman Charitable Foundation Albany, NY | $153,022,620 | $10,234,389 |