Jerome & Kenneth Lipper Foundation
Only null% goes to programs Strong reserves Declining revenue
Jerome & Kenneth Lipper Foundation is a 501(c)(3) organization based in East Hampton, New York, registered in 1998, with $21,928 in FY2024 revenue. CharityIndex grades it F.
Po Box 1102, East Hampton, NY, 11937 EIN 13-7157260 Since 1998
Revenue (FY2024)
$22K
▼ 66.9% vs prior year
Philanthropy median: $168K
Expenses (FY2024)
$77K
Net assets
$617K
Employees
—
CharityIndex rating
One independent A+ to F grade from four published criteria, each scored separately from IRS filings and combined by weight.
F
—Program efficiency40% of the ratingNo expense breakdown in filings
Measures how much of every dollar spent actually reaches programs, plus what it costs to raise $100 of donations. The worse of the two measures sets the letter (85%+ to programs is an A; under $15 to raise $100 is an A), averaged over the three most recent filings. Not scored for Jerome & Kenneth Lipper Foundation— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
FFinancial health25% of the rating96 mo reserves · -250% margin
Measures whether the organization is built to last: how many months its reserves would cover expenses (3+ months earns an A-range score, but hoarding 5+ years of budget is capped) and whether it runs a surplus or a deficit. For Jerome & Kenneth Lipper Foundation: 96 mo reserves · -250% margin earns a F on this criterion. See the exact thresholds →
—Governance25% of the ratingNot reported in this filing type
Checks how the organization is run, from its own Form 990: an independent board majority, a board of five or more, conflict-of-interest, whistleblower and document-retention policies, and independently audited financials. The share of disclosed checks that pass sets the letter. Not scored for Jerome & Kenneth Lipper Foundation— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
DTransparency10% of the rating1 of 5 disclosure signals
Counts five disclosure signals: a recent filing, a mission statement, program descriptions, a listed website, and the full expense breakdown. More disclosure, better letter. For Jerome & Kenneth Lipper Foundation: 1 of 5 disclosure signals earns a D on this criterion. See the exact thresholds →
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Contact & location
- Address
- Po Box 1102, East Hampton, NY, 11937
- City
- East Hampton
- State
- New York
- Subcategory
- Private Foundations
Financial trends
Revenue declined from $154K (FY2013) to $22K (FY2024) across 12 reported years.
Financial snapshot
Financial health & position (FY2024)
Liabilities $0Net assets $617K
Operating margin
-250.5%
Spent more than it raised in the latest fiscal year.
Total assets
$617K
Total liabilities
$0
Net assets
$617K
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $21,928▼66.9% | $76,853▼31.0% | $617,206▼8.2% | $617,206▼8.2% | 990PF |
| 2023 | $66,219▲277% | $111,305▲45.4% | $672,131▼6.5% | $672,131▼6.5% | 990PF |
| 2022 | -$37,423▼158% | $76,538▼24.9% | $718,898▼13.8% | $718,898▼13.8% | 990PF |
| 2021 | $64,392▲113% | $101,883▲58.2% | $834,184▼4.4% | $834,184▼4.4% | 990PF |
| 2020 | $30,236▼57.0% | $64,419▼38.9% | $872,181▼1.1% | $872,181▼1.1% | 990PF |
| 2019 | $70,308▼57.7% | $105,383▼42.7% | $882,189▼8.9% | $882,189▼8.9% | 990PF |
| 2018 | $166,199▲155% | $183,938▲94.2% | $968,177▼0.1% | $968,177▼0.1% | 990PF |
| 2017 | $65,243▼22.3% | $94,709▲79.3% | $968,823▼3.3% | $968,823▼3.3% | 990PF |
| 2016 | $83,964▼50.5% | $52,811▼48.1% | $1,001,487▲3.6% | $1,001,487▲3.6% | 990PF |
| 2015 | $169,490▲92.0% | $101,850▲9.0% | $967,151▲6.7% | $967,151▲1.0% | 990PF |
| 2014 | $88,270▼42.5% | $93,436▼25.2% | $906,501▼1.3% | $957,305▼1.2% | 990PF |
| 2013 | $153,623 | $124,965▲11.3% | $918,038▲3.4% | $968,842▲6.1% | 990PF |
| 2012 | — | $112,286▲35.6% | $887,633▼13.7% | $913,437▼13.3% | 990PF |
| 2011 | — | $82,780 | $1,028,327 | $1,054,131 | 990PF |
Original Form 990 PDFs (the Form column) are served by ProPublica Nonprofit Explorer, as filed with the IRS. Create a free account to download the CSV report.
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Frequently asked questions
- Is Jerome & Kenneth Lipper Foundation a legitimate nonprofit?
- Yes. Jerome & Kenneth Lipper Foundation is a 501(c)(3) organization registered with the U.S. Internal Revenue Service under EIN 13-7157260, based in East Hampton, New York. Donations are tax-deductible.
- What is Jerome & Kenneth Lipper Foundation's EIN?
- Jerome & Kenneth Lipper Foundation's Employer Identification Number (EIN) is 13-7157260.
- How much revenue does Jerome & Kenneth Lipper Foundation report?
- Jerome & Kenneth Lipper Foundation reported $21,928 in total revenue on its fiscal year 2024 IRS Form 990 filing.
- What financial grade does Jerome & Kenneth Lipper Foundation have?
- CharityIndex grades Jerome & Kenneth Lipper Foundation F, based on financial health (reserves and operating margin).
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Data for Jerome & Kenneth Lipper Foundation (EIN 13-7157260) comes from the IRS Business Master File and e-filed Form 990 returns, via CharityIndex. Figures reflect what the organization reported to the IRS for each fiscal year.