Lubetzky Family Foundation
- Assets
- $1.4m
- Revenue
- $14.1m
- Investments
- $265.2k
- Employees
- 0
- Location
- New York, NY
- Founding
- 10/2017
- Data as of
- 12/2022
- EIN
- 82-1648087
Organization Overview
Lubetzky Family Foundation is located in New York, NY. The organization was established in 2017. According to its NTEE Classification (W70) the organization is classified as: Leadership Development, under the broad grouping of Public & Societal Benefit and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Lubetzky Family 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 12/2022, Lubetzky Family Foundation generated $14.1m in total revenue. This represents relatively stable growth, over the past 5 years the organization has increased revenue by an average of 6.7% each year. All expenses for the organization totaled $16.4m during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
Since 2018, Lubetzky Family Foundation has awarded 24 individual grants totaling $116,369. 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.
Form
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2022
Describe the Organization's Program Activity:
Part 3 - Line 4a
STARTS WITH US - IN 2020, THE FOUNDATION LAUNCHED STARTS WITH US, A MOVEMENT TO COUNTER THE EXTREME SOCIAL AND POLITICAL DIVISIONS SEEN ACROSS AMERICAN SOCIETY BY FOSTERING INDEPENDENT THINKING AND CONSTRUCTIVE COMMUNICATION ACROSS LINES OF DIFFERENCE. STARTS WITH US LEVERAGES MEDIA AND TECHNOLOGY TO SCALE THE DAILY PRACTICE OF ITS CORE VALUES CURIOSITY, COMPASSION, AND COURAGE PROVIDING AMERICANS WITH CONTENT, TOOLS, AND EXERCISES TO HELP TACKLE COMMUNITY PROBLEMS AND IMPROVE SOCIETY.DURING THE YEAR, ADMINISTRATIVE EXPENSES WERE INCURRED IMPLEMENTING AND OPERATING THE PROGRAM.
FRONTLINE IMPACT PROJECT (FIP), A JOINT INITIATIVE WITH THE KIND FOUNDATION, WAS CREATED IN THE WAKE OF THE COVID19 PANDEMIC TO SUPPORT FRONTLINE WORKERS. FIP PROVIDES A PLATFORM TO MOBILIZE COMPANIES TO SUPPORT FRONTLINE WORKERS WITH UNMET NEEDS, BY MATCHING CORPORATE DONORS WITH THOSE ON THE FRONTLINES OF HEALTHCARE, EDUCATION, NATURAL DISASTERS AND OTHER HUMANITARIAN CRISES AND CHALLENGES.DURING THE YEAR, ADMINISTRATIVE EXPENSES WERE INCURRED OPERATING THE PROGRAM. THE PROGRAM ALSO RECEIVED A DONATION OF LYSOL DISINFECTING WIPES WHICH IT DISTRIBUTED DURING THE YEAR TO SCHOOLS IN THE USA.
DEMOCRACY AND DEMOCRATIC INSTITUTIONS - THIS PROGRAM RAISES AWARENESS AROUND SIGNIFICANT DEMOCRATIC PRINCIPLES AND INSTITUTIONS AND ENCOURAGES RECOGNITION OF THE IMPORTANCE OF DEMOCRACY TO AMERICAN SOCIETY. THE GOAL OF THE PROJECT IS TO ADVANCE LIBERAL-DEMOCRATIC VALUES, INCLUDING FREE SPEECH, THE RULE OF LAW, BASIC HUMAN RIGHTS AND A FREE AND INDEPENDENT PRESS.DURING THE YEAR, ADMINISTRATIVE EXPENSES WERE INCURRED GATHERING INDIVIDUALS TOGETHER TO DISCUSS DEMOCRACY INITIATIVES IN THE U.S. AND POTENTIALLY CREATE A MOVEMENT OF PEOPLE TO SUPPORT AND PROMOTE LIBERAL-DEMOCRATIC VALUES.
UNITING AND STRENGTHENING JEWISH COMMUNITIES - DURING THE YEAR, THE FOUNDATION PROVIDED THE USE OF ITS EMPLOYEES AND EXPERTISE TO THE COUNCIL OF YOUNG JEWISH PRESIDENTS (CYJP) TO BUILD LEADERSHIP WITHIN THE JEWISH COMMUNITY AND TO ENCOURAGE CIVIL DISCOURSE TO UNITE AND STRENGTHEN COMMUNITIES.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Daniel Lubetzky Chair/director | 1 | $0 | |
Michelle Lubetzky Vice Chair/director | 1 | $0 | |
Jeffrey Solomon Director | 1 | $0 | |
Michael Johnston President | 40 | $310,650 | |
Julianna Cohen Secretary/treasurer | 1 | $0 | |
Karen Mcsherry Vp, Finance | 40 | $167,648 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Wrapbook | 12/30/22 | $518,211 |
Citizen Inc | 12/30/22 | $190,000 |
Stanton Chase International | 12/30/22 | $165,000 |
Ateams Inc | 12/30/22 | $138,636 |
Kiwi Partners Inc | 12/30/22 | $133,193 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $13,566,720 |
| Interest on Savings | $462 |
| Dividends & Interest | $13,776 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $516,591 |
| Capital Gain Net Income | $516,591 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $14,097,549 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $1,853,503 |
| Other employee salaries and wages | $974,308 |
| Pension plans, employee benefits | $414,578 |
| Interest | $0 |
| Taxes | $374 |
| Depreciation | $3,851 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $270,474 |
| Printing and publications | $0 |
| Other expenses | $1,166,593 |
| Total operating and administrative expenses | $6,267,626 |
| Contributions, gifts, grants paid | $10,137,185 |
| Total expenses and disbursements | $16,404,811 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $601,464 |
| Savings and temporary cash investments | $44,176 |
| Net Accounts receivable | $105,753 |
| 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 | $27,137 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $0 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $362,490 |
| Total assets | $1,406,186 |
| 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 | $183,303 |
| Total liabilities | $183,303 |
Grants Awarded
Over the last fiscal year, Lubetzky Family Foundation has awarded $70,566 in support to 11 organizations.
| Grant Recipient | Amount |
|---|---|
MASORTI FOUNDATION PURPOSE: GENERAL SUPPORT | $1,854 |
POLICY IMPACT PURPOSE: GENERAL SUPPORT | $5,000 |
HIAS INC PURPOSE: GENERAL SUPPORT | $500 |
4ATX FOUNDATION PURPOSE: GENERAL SUPPORT | $27,000 |
LONESTAR SOCCER CLUB OF AUSTIN INC PURPOSE: GENERAL SUPPORT | $1,554 |
JDRF INTERNATIONAL PURPOSE: GENERAL SUPPORT | $5,000 |