Herman & Helen Lipsitz Charitable Trust FY2020 filing

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501(c)(3) charity; gifts are tax-deductible.
Status: IRS Pub. 78

Before you give

FY2020 · Form 990-PFIndependent: from IRS data, not the org
Download 990
IRS status
501(c)(3)
not on the IRS revocation list
Looks good: listed by the IRS and not on the revocation list.
IRS BMF · Auto-Revocation List
Tax-deductible gifts
Yes
Donations are tax-deductible
Looks good: the IRS lists gifts to it as deductible.
IRS Pub. 78 · IRS BMF
Latest return
FY2024
latest Form 990-PF
Looks good: the latest return is for FY2024, 2 tax years back; within 2 tax years.
IRS e-file · Filing history
Surplus or deficit
0 of 5
filings with a surplus
Average deficit $275K a year · 95% of revenue · last 5 filings
Concern: a surplus in 0 of the last 5 filings.
990-PF Pt I · 5 filings
2 mo
of spending, in cash
Fine: 1.5 months of spending in cash; 1 to 3.
Pt X · Ln 1–2 · Pt I · Ln 18
Liabilities
$0
0% of total assets
Looks good: liabilities are 0% of assets; 50% or less.
990-PF Pt II
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$263K
Spent
$336K
Net assets
$4.1M
By yearFY2020–FY2024
Revenue
$263K
FY2020
Tap a bar for its year
Revenue by fiscal year
FY2020$263K
FY2021$77K
FY2022$242K
FY2023$449K
FY2024$419K
Expenses
$336K
FY2020
Tap a bar for its year
Expenses by fiscal year
FY2020$336K
FY2021$566K
FY2022$609K
FY2023$708K
FY2024$608K
Net assets
$4.1M
FY2020
Tap a bar for its year
Net assets by fiscal year
FY2020$4.1M
FY2021$4.2M
FY2022$4.1M
FY2023$3.9M
FY2024$3.6M

From the FY2020 Form 990 (year ending November 2020) · see the original

990 PDF Claim
You’re viewing the FY2020 filing — not the latest on file. See the latest (FY2024) →

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2024. IRS ruling in Jul 1972.

IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File

Where the money goes

What each dollar paid for.

Grants & contributions paid 91% · $306K Operating & administrative 9% · $30K

Form 990 Part IX, line 25, columns B–D. Every line is in By the numbers.

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Who runs it and what they're paid

The filing lists no officers, directors or key staff.

See Herman & Helen Lipsitz Charitable Trust executive salaries →

Programs and updates

A private foundation based in Pittsburgh, PA.

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Grants and how to apply

Who it funds, and how to ask.

Who They Fund

Part XV · grants paid · 33 grants · $577K · 2024–2024
Yeshiva SchoolsFY2024$180,000
Friends of United HatzalahFY2024$100,000
Classrooms Without BordersFY2024$55,000
Lubavitch CenterPA · FY2024$31,557
Individual RecipientFY2024$24,123
Individual RecipientFY2024$20,000
Camp Gan Israel Bnei Emunah ChabadFY2024$20,000
Camp Gan Israel Chabad of Squirrel HillFY2024$15,000
Aleph InstituteFY2024$13,000
Chabad of the South HillsFY2024$12,097
Kollel Jewish Learning CenterFY2024$9,973
Individual RecipientFY2024$8,293
Chabad of MonroevilleFY2024$7,890
Chabad of PsuFY2024$7,500
Individual RecipientFY2024$7,000
Individual RecipientFY2024$6,500
Temple Ohav Shalom Rabbi's Disc FundFY2024$5,820
See all 33 grants →

Grantmaking Profile

Patterns in foundation giving
Distinct granteesPart XV6
Average grantPart XV$17K
Median grantPart XV$6K
Largest grantPart XV$180K
Top cause focusNTEEReligion (6%)

By the numbers

The FY2020 990-PF, line by line.

1The main four
Money in
$263K
Investment income$267K
Gifts and grants$25K
Money out
$336K
Grants paid$306K
Running costs$30K
Owns and owes
$4.1M
net assets
Cash and savings$41K
Total assets$4.1M
Liabilities$0
2In more detail
Revenue in detail
Gifts and grants$25K
Investment income$267K
Total revenue$263K
Assets in detailEnd of year
Cash and savings together$41K
Total assets$4.1M
Liabilities$0
Net assets$4.1M
Operations
Fiscal year endsNovember

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2024 LatestFiled with the IRS Nov 17, 2025 $419K$608K−$189K$3.6M 990 PDF
FY2023Filed with the IRS Nov 15, 2024 $449K$708K−$259K$3.9M 990 PDF
FY2022Filed with the IRS Dec 1, 2023 $242K$609K−$367K$4.1M 990 PDF
FY2021Filed with the IRS Sep 20, 2022 $77K$566K−$489K$4.2M 990 PDF
FY2020 ViewingFiled with the IRS Sep 10, 2021 $263K$336K−$73K$4.1M 990 PDF

Schedules filed Part IV

III · Programs R · Related orgs G · Fundraising L · Interested persons

Form 990 e-file (XML) FY2020 from the IRS · Classification, formation year and address from the IRS Business Master File

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