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IP Foundation EIN 20-5795702 Form 990 (PDF) Claim this org

IP Foundation FY2021 filing

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A private foundation based in Lawrence, NY. It reported about $129K in revenue for 2021. For fiscal year 2021 it reported $129K in revenue, $89K in expenses, and $399K in net assets.Pt I

Type
Private foundation / grantmaker · Foundations & Grantmakers
Location
Lawrence, NY
Filings
6 on file (2020–2021)
Revenue
$129KFY2021
Expenses
$89K
Net assets
$399K
People
0
Filings
6
Updates
0
More identity details & actions ⌄
EIN  20-5795702 Private foundation / grantmaker Lawrence, NY
Form 990 (PDF)
You’re viewing the FY2021 filing — not the latest on file. See the latest (FY2025) →
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Size
$100K–1M
What they do
A private foundation based in Lawrence, NY. It reported about $129K in revenue for 2021.
Money in and out
$129K revenue, $89K expenses
Bottom line
—
Grants paid & assets · FY2021
Total revenue
$129K
Pt VIII · Ln 12
Total expenses
$89K
Pt IX · Ln 25
Net assets
$399K
Pt X · Ln 32
Revenue less expenses (Pt I · Ln 19): $40K
Total assets
399K
deployed as grants and operations
Grants paid
87K
in FY2021
Grants made
55grants
total in period
Payout rate
22%
of assets (5% rule)

Who They Fund

Part XV · grants paid · 55 grants · $113K · 2025–2025
Young Israel of WoodmereFY2025$21,900
Israel Chesed CenterFY2025$17,520
American Friends of Migdal OhrFY2025$12,000
KzmmbmFY2025$8,184
Tomchei Shabbos Yad YeshayaFY2025$5,600
Jerusalem FellowshipsFY2025$5,000
AchiezerFY2025$4,200
Chabad of the 5 TownsFY2025$3,800
Tomchei Shabbos 5 TownsFY2025$3,700
Shor Yoshuv InstituteFY2025$3,700
Davis Renov StahlerFY2025$3,600
Yeshiva Darchei TorahFY2025$2,300
Yeshiva Telshe AlumniFY2025$1,700
HancFY2025$1,500
American Friends of ShaalvimFY2025$1,500
Tov V'ChesedFY2025$1,360
Kolel YerushalayimFY2025$1,200
Hatzalar of the Rockaways and NassauFY2025$1,080
See all 55 grants →

Grantmaking Profile

Patterns in foundation giving
Average grantPart XV$2K
Median grantPart XV$500
Largest grantPart XV$22K

Summary of the Filing

Part I · fiscal year 2021 · Form 990-PF
Revenue
$129K
FY2021▲ +125%
Expenses
$89K
FY2021▲ +89%
Total assets
$399K
FY2021▲ +13%
Total liabilities
$0
FY2021
Total revenue
$129K
Pt VIII · Ln 12
Total expenses
$89K
Pt IX · Ln 25
Net assets
$399K
Pt X · Ln 32
Total assetsPt II$399K

Identity & Classification

Form 990 Header · IRS Business Master File
Legal nameHdr · item CIP Foundation
EINHdr · item D20-5795702
Principal addressHdr · item CLawrence, NY
WebsiteHdr · item Jnone reported
State of legal domicileHdr · item MNY
Exempt statusHdr · item I501(c)(3) · active
NTEE classificationIRS BMFFoundations & Grantmakers (T22)
Ruling yearIRS BMFJan 2007

Governance & Policies

Part VI
Voting members of the governing bodyPt VI · Ln 1apending
Independent voting membersPt VI · Ln 1bpending
Conflict-of-interest policyPt VI · Ln 12a—
Whistleblower policyPt VI · Ln 13—
Document retention policyPt VI · Ln 14—
CEO/top-official compensation independently reviewedPt VI · Ln 15a—
Family or business relationships among officers/directorsPt VI · Ln 2—

Officers, Directors & Key Employees

Part VII, Section A · reportable compensation
Officers, directors & key employeesPt VII · Sec ANot reported
See IP Foundation executive salaries →

Statement of Revenue

Part VIII
Investment income$67K · 52%
Contributions & grants$62K · 48%
Investment income52%$67K
Contributions & grants48%$62K
Other revenue$113
Total revenueLn 12$129K

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Grants & contributions paid $0.97 Operating & administrative $0.03
Grants & contributions paid97%$87K
Operating & administrative3%$3K
Total functional expensesLn 25$89K

Balance Sheet

Part X · end of year
CashLn 1$111K
Total assetsLn 16$399K
Total liabilitiesLn 26$0
Total net assetsLn 32$399K
Months of cash on handcomputed14.9

Financial Metrics

Form 990 · FY2021 · each ratio shown with the dollars behind it
Liquidity & Payout
Payout rate
Grants paid $0 · Total assets $399K
0%
Where the money comes from
Contribution dependence
Contributions & grants — · Total revenue $129K
—
Government reliance
not reported
Earned-income share
not reported
Investment reliance
Investment income $0 · Total revenue $129K
0%
Program self-sufficiency
not reported
Growth & trend
Revenue growth (YoY)
This year $129K · Prior year $57K
+125%
Net-asset trend (YoY)
End of year $399K · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $129K · Expenses $89K
+31%
Liabilities-to-Assets
Total liabilities — · Total assets $399K
—
Net-asset ratio
Net assets $399K · Total assets $399K
100%
People & payroll
Highest Reported Total Compensation
Individual — · Reported title — · Highest reported compensation — · Total expenses $89K
No individual compensation reported on this filing
Personnel share
not reported
Peer comparison

Same NTEE category, revenue band, and state where available. Descriptive — not a grade.

MetricThis orgPeer medianPercentile
Revenue growth 125%——

Straight from the Form 990 — descriptive, not an evaluation. A ratio is hidden when its base is zero or too small to be meaningful; the dollars are always shown.

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Filings & Schedule Manifest

Part IV
III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
FY2025 (Latest)$192K revenue · ⤓ 990 PDF
FY2024$223K revenue · ⤓ 990 PDF
FY2023$70K revenue · ⤓ 990 PDF
FY2022$38K revenue · ⤓ 990 PDF
FY2021$129K revenue · viewing · ⤓ 990 PDF
FY2020$57K revenue · ⤓ 990 PDF

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Sources

Every figure above is drawn from these filings
Form 990 e-file (XML) · FY2021IRS
Classification, formation year, addressIRS Business Master File
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