LATERMAN FAMILY FOUNDATION INCORPORATED

NEW YORK, NY · EIN 921426465 · Form 990PF · FY2024 · NTEE T20 · Philanthropy & Grantmaking · Micro (<$100K)

revenue

$6K

expenses

$59K

net assets

$4.6M

employees

—

profile · synthesized from sources

LATERMAN FAMILY FOUNDATION INCORPORATED is a private foundation based in New York, NY, focused on philanthropy and grantmaking. It supports a range of nonprofit organizations with general operating grants, primarily in the areas of education, medical research, Jewish community services, and the arts. The foundation does not appear to run direct programs, instead funding other institutions.

named programs · 1 · from sources

What they call their work

General Operating Grants

Provides unrestricted operating support to nonprofit organizations in education, medical research, Jewish communal services, and the arts.

activities · 5 groups

What they do

Jewish Religious Institution Support 1 activity
- Funding general operations of Jewish and community organizations
  
  Funds general operations of Jewish and community-based organizations such as the United Jewish Appeal - Federation of Jewish Philanthropies of New York, Milwaukee Jewish Federation Inc, and 92nd Street Y.
Art Museum Funding and Support 1 activity
- Funding general operations of arts and cultural organizations
  
  Funds general operations of arts and cultural institutions, including the Ballet Theatre Foundation Inc and the USC Shoah Foundation.
Unrestricted Institutional Support for Medical Schools 1 activity
- Funding general operations of educational institutions
  
  Funds general operations at colleges and medical schools, including Baruch College and the Icahn School of Medicine at Mount Sinai.
Cancer Research Funding 1 activity
- Funding general operations of health and research organizations
  
  Funds general operations of health-focused organizations, including the Concern Foundation for Cancer Research.
Hockey-Based Fundraising and Community Support 1 activity
- Funding general operations of sports organizations
  
  Funds general operations of national sports organizations, including the United States Rowing Association and the USA Hockey Foundation.

financials · form 990PF · fy2024

revenue

Total revenue$6K

Contributions & grants$00%

Program service revenue——

Investment income$6K100%

Other revenue$0

expenses

Total expenses$59K

Program expenses—

Admin / overhead—

Fundraising—

Salaries & benefits$0

Grants paid out$384K

balance sheet

Total assets$4.72M

Cash—

Investments—

Liabilities—

Net assets$4.57M

2 years on record · 2023–2024 · YoY revenue -99.9%

leadership · form 990 part vii · fy2024

Who runs it

board members · 4

DOV C SCHLEIN — TREASURER & TRUSTEE
FRANCES LATERMAN — PRESIDENT & TRUSTEE
JOSHUA LATERMAN — TRUSTEE
LAURA LATERMAN — TRUSTEE

relationships · 10

Who they work with

92ND STREET Y Partner — Funded to support general operations.
BALLET THEATRE FOUNDATION INC Partner — Funded to support general operations.
CONCERN FOUNDATION FOR CANCER RESEARCH Partner — Funded to support general operations.
ICAHN SCHOOL OF MEDICINE AT MOUNT SINAI Partner — Funded to support general operations.
MILWAUKEE JEWISH FEDERATION INC Partner — Funded to support general operations.
THE BARUCH COLLEGE FUND Partner — Funded to support general operations.
UNITED JEWISH APPEAL - FEDERATION OF JEWISH PHILANTHROPIES OF NEW YORK Partner — Funded to support general operations.
UNITED STATES ROWING ASSOCIATION Partner — Funded to support general operations.
USA HOCKEY FOUNDATION Partner — Funded to support general operations.
USC SHOAH FOUNDATION Partner — Funded to support general operations.