Nonprofit · EIN 13-7157260
JEROME & KENNETH LIPPER FOUNDATION
Also known as LIPPER KENNETH TTEE
Tax-exempt · EAST HAMPTON, NY 11937
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2024 | 990-PF | $21,928 | $76,853 | -$54,925 | $617,206 | $0 | $617,206 |
| December 31, 2023 | 990-PF | $66,219 | $111,305 | -$45,086 | $672,131 | $0 | $672,131 |
Financial details: 990-PF for the year ended December 31, 2024
Revenue
- Dividends
- $21,830
- Net gain from sales of assets
- $69
- Other income
- $29
Expenses
- Grants and similar amounts paid
- $58,425
- Compensation of officers, directors and key employees
- $0
- Disbursements for charitable purposes
- $58,425
- Excise tax on investment income
- $303
Balance sheet and other
- Total assets, start of year
- $672,131
- Total assets, end of year
- $617,206
- Total liabilities, end of year
- $0
- Net assets, end of year
- $617,206
- Fair market value of assets
- $569,160
- Qualifying distributions
- $58,425
- Net investment income
- $21,928
From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.
Officers, directors and key employees
As listed on the 990-PF for the year ended December 31, 2024, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| KENNETH LIPPER PO BOX 1102 112 GAY ROAD, EAST HAMPTON, NY 11937 | TRUSTEE | 0.1 | $0 |
| JULIE WILCOX C/O CITRIN COOPERMAN 50 ROCKEFELLER, PLAZA, NEW YORK, NY 10020 | TRUSTEE | 0.1 | $0 |
990-PF for the year ended December 31, 2023: 2 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| KENNETH LIPPER PO BOX 1102 112 GAY ROAD, EAST HAMPTON, NY 11937 | TRUSTEE | 0.1 | $0 |
| JULIE WILCOX C/O CITRIN COOPERMAN 50 ROCKEFELLER, PLAZA, NEW YORK, NY 10020 | TRUSTEE | 0.1 | $0 |
Address and contacts
- Address (IRS master file)
- PO BOX 1102, EAST HAMPTON, NY 11937-0706
- In care of
- % ROSEN SEYMOUR
- Signed the 990-PF
- KENNETH LIPPER, TRUSTEE
- Phone
- (917) 751-0875
- Return prepared by
- CITRIN COOPERMAN ADVISORS LLC
What it must file and when
IRS records say it files Form 990-PF. Private foundations file every year. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | December 31, 2025 | May 15, 2026 | Not on file |
| 2024 | December 31, 2024 | May 15, 2025 | 990-PF on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990-PF on file |
IRS record
- EIN
- 13-7157260
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Private non-operating foundation
- Donations deductible (Pub 78)
- Private foundation, 30% limit
- Exempt since
- 1998
- Accounting year ends
- December
- Files
- Form 990-PF
- Category (NTEE)
- Philanthropy, voluntarism and grantmaking foundations (T22Z)
- Assets (IRS master file)
- $617,206
- Income (IRS master file)
- $348,949
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990-PF | December 2024 | $21,928 | $76,853 | $617,206 | XML |
| 990-PF | December 2023 | $66,219 | $111,305 | $672,131 | XML |
| 990-PF | December 2022 | – | – | – | IRS |
| 990-PF | December 2021 | – | – | – | IRS |
| 990-PF | December 2020 | – | – | – | IRS |
| 990-PF | December 2018 | – | – | – | IRS |
| 990-PF | December 2017 | – | – | – | IRS |
990-N: the IRS publishes only the latest e-Postcard per organization; earlier years appear here as 990.tax collects the monthly files. 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS.
Questions about JEROME & KENNETH LIPPER FOUNDATION
- What is the EIN of JEROME & KENNETH LIPPER FOUNDATION?
- The employer identification number (EIN) of JEROME & KENNETH LIPPER FOUNDATION is 13-7157260.
- Is JEROME & KENNETH LIPPER FOUNDATION tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1998.
- Are donations to JEROME & KENNETH LIPPER FOUNDATION tax-deductible?
- Yes. It is listed in IRS Publication 78 (Private foundation, 30% limit).
- Which annual return does JEROME & KENNETH LIPPER FOUNDATION file?
- Form 990-PF. Private foundations file every year.
- When is the next return of JEROME & KENNETH LIPPER FOUNDATION due?
- The return for tax year 2025 (the year ending December 31, 2025) is due May 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did JEROME & KENNETH LIPPER FOUNDATION last file with the IRS?
- The latest return in the IRS public files is the 990-PF for the year ended December 2024.
- Who are the officers and directors of JEROME & KENNETH LIPPER FOUNDATION?
- The 990-PF for the year ended December 31, 2024 lists 2 people; 0 received compensation from the organization.
- How much revenue does JEROME & KENNETH LIPPER FOUNDATION have?
- On its 990-PF for the year ended December 31, 2024 it reported revenue of $21,928, expenses of $76,853 and total assets of $617,206 at year end.
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