Lubetsky Family Foundation Inc
- Assets
- $1.0m
- Revenue
- $38.0k
- Investments
- $973.4k
- Employees
- 0
- Location
- Wilmington, DE
- Founding
- 07/2019
- Data as of
- 12/2021
- EIN
- 83-3947524
Organization Overview
Lubetsky Family Foundation Inc is located in Wilmington, DE. The organization was established in 2019. According to its NTEE Classification (T19) the organization is classified as: Support N.E.C., 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. Lubetsky Family 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, Lubetsky Family Foundation Inc generated $38.0k 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 (66.6%) each year. All expenses for the organization totaled $43.6k during the year ending 12/2021. You can explore the organizations financials more deeply in the financial statements section below.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Sheila L Birnbaum Dir, Pres | 1 | $0 | |
Lauren Lubetsky Dir, Treas | 3 | $0 | |
Sara Lubetsky Dir, Sec | 3 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $126 |
| Dividends & Interest | $7,842 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $30,058 |
| Capital Gain Net Income | $29,746 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $38,026 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $921 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $11,954 |
| Total operating and administrative expenses | $13,617 |
| Contributions, gifts, grants paid | $30,000 |
| Total expenses and disbursements | $43,617 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $34,851 |
| 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 | $1,008,214 |
| 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, Lubetsky Family Foundation Inc has awarded $30,000 in support to 4 organizations.
| Grant Recipient | Amount |
|---|---|
New York, NY PURPOSE: ONLINE DIGITAL AND JOB TRAINING FOR ARRESTED AND AT-RISK YOUTH | $10,000 |
New York, NY PURPOSE: SUPPORT ESOL - JOB READINESS PROGRAM'S CAREER RETENTION SERVICES | $10,000 |
Oakland, CA PURPOSE: SUMMER CAMP PROGRAM | $7,500 |
HIAS INC PURPOSE: GENERAL & UNRESTRICTED | $2,500 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Bread & Roses Community Fund Philadelphia, PA | $8,957,531 | $3,374,785 |
Imamia Medics International Inc Princeton, NJ | $2,935,135 | $3,395,301 |
Jewish Community Properties Inc Cherry Hill, NJ | $10,959,629 | $182,673 |
Maud And Burton Goldfield Family Foundation Corporation Wilmington, DE | $23,035,996 | $5,604,401 |
Backpacks For Life Inc Jersey City, NJ | $420,764 | $332,260 |
Philanthropy Delaware Inc Wilmington, DE | $348,518 | $292,682 |
Ezra Lkallah Inc Lakewood, NJ | $844,970 | $162,356 |
Touchpoint Baltimore Inc Towson, MD | $753,489 | $100,000 |
Salubrious Foundation Inc State College, PA | $204,309 | $50,000 |
Philanthropic Planning Group Of Greater New York Inc Montclair, NJ | $202,542 | $0 |
Monroe County Historical Association Endowment 005783 Stroudsburg, PA | $1,253,296 | $53,465 |
Florence & Orville Shortlidge Tr Pennington, NJ | $1,009,430 | $385,866 |