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THE LIPMAN FAMILY FOUNDATION INC

NEW YORK, NY · EIN 136066963 · Form 990PF · FY2024 · Medium ($1M-$10M)
revenue
$8.5M
expenses
$510K
net assets
$54.3M
employees
profile · synthesized from sources

The Lipman Family Foundation is a private foundation based in New York that makes grants to support the arts, environmental conservation, and geological science. In 2024, it funded organizations across the United States, with a focus on art institutions and land preservation efforts in California. The foundation also supports scientific research and public understanding in geosciences.

named programs · 3 · from sources

What they call their work

Arts Support Program
Provides grants to museums and art foundations to promote the creation, understanding, and presentation of art
Geological Science Initiative
Supports research, communication, and application of geoscience knowledge through grants to geological societies and research labs
Land Conservation Grants
Funds organizations dedicated to protecting and preserving open space, farmland, and redwood forests
activities · 4 groups

What they do

  • Art Museum Funding and Support 1 activity
    • Funding arts organizations
      Provides grant funding to nonprofit arts institutions and foundations to promote the creation, understanding, and presentation of art. Recipients include the San Jose Museum of Art, Storm King Art Center, Montalvo, the Shrem Museum of Art at UC Davis, the For-Site Foundation, and the Whitney Museum of American Art.
  • Medical Research Funding 1 activity
    • Funding geoscience research and education
      Provides grant funding to support geoscience knowledge, research, and discovery through institutions such as the GSA Foundation and the NM Bureau of Geology & Mineral Resources (GeoChron Lab).
  • Environmental Conservation Grantmaking 1 activity
    • Funding land conservation and environmental preservation
      Provides grant funding to organizations dedicated to protecting and preserving environmentally and culturally significant lands and forests. Supported entities include Save the Redwoods League, John Muir Land Trust, and Peninsula Open Space Trust.
  • Uncategorized 1 activity
    • Funding transportation-related programs
      Provides $25,000 in grant funding to the California Transportation Foundation to support its programs.
financials · form 990PF · fy2024
revenue
Total revenue$8.48M
Contributions & grants
Program service revenue
Investment income$980K12%
Other revenue$7.42M
expenses
Total expenses$510K
Program expenses
Admin / overhead
Fundraising
Salaries & benefits$0
Grants paid out$2.52M
balance sheet
Total assets$54.34M
Cash
Investments
Liabilities
Net assets$54.34M
4 years on record · 2020–2024 · YoY revenue +126.9%
leadership · form 990 part vii · fy2024

Who runs it

board members · 1
  • SUSAN SHAHEEN — DIRECTOR
relationships · 12

Who they work with

  • CALIFORNIA TRANSPORTATION FOUNDATION Partner — Receives $25,000 in grant funding from The Lipman Family Foundation Inc to support its programs.
  • FOR-SITE FOUNDATION Partner — Receives $50,000 in grant funding from The Lipman Family Foundation Inc to promote the creation, understanding, and presentation of art.
  • GSA FOUNDATION Partner — Receives $200,000 in grant funding from The Lipman Family Foundation Inc to advance geoscience knowledge and discovery.
  • JOHN MUIR LAND TRUST Partner — Receives $100,000 in grant funding from The Lipman Family Foundation Inc to protect environmentally significant lands in the East Bay.
  • MONTALVO Partner — Receives $294,648 in grant funding from The Lipman Family Foundation Inc to promote arts.
  • NM BUREAU GEOLOGY & MINERAL RESOURCES (GEOCHRON LAB) Partner — Receives $35,000 in grant funding from The Lipman Family Foundation Inc to conduct geological research and support resource management.
  • PENINSULA OPEN SPACE TRUST Partner — Receives $30,000 in grant funding from The Lipman Family Foundation Inc to protect and care for open space in Silicon Valley.
  • SAN JOSE MUSEUM OF ART Partner — Receives grant funding from The Lipman Family Foundation Inc to promote arts.
  • SEMPERVIRENS FUND Partner — Receives $250,000 in grant funding from The Lipman Family Foundation Inc to protect and permanently preserve redwood forests.
  • SHREM MUSEUM OF ART AT UC DAVIS Partner — Receives $210,000 in grant funding from The Lipman Family Foundation Inc to support art.
  • STORM KING ART CENTER Partner — Receives grant funding from The Lipman Family Foundation Inc to promote arts.
  • WHITNEY MUSEUM OF AMERICAN ART Partner — Receives $30,000 in grant funding from The Lipman Family Foundation Inc to promote arts.