Lipton Foundation: Grants for New York City

OVERVIEW: The Lipton Foundation primarily funds grantmaking related to education, youth, human services, Jewish causes, the arts, and the environment.

IP TAKE: The foundation lacks transparency, which limits information available on its grantmaking priorities and activities.

PROFILE: Established in 2001, the Lipton Foundation was founded by lawyer Martin Lipton and his wife Susan, a lawyer turned investment banker. Martin s a founding partner of Wachtell, Lipton, Rosen & Katz. The foundation lacks transparency, which limits information available on its grantmaking priorities and activities. According to tax filings, the Lipton Foundation primarily funds grantmaking related to education, youth, human services, Jewish causes, the arts, and the environment.

Martin Lipton joined Prep for Prep’s board in the late 1980s, and was elected to chairman in 1990 and has served as chairman emeritus since 2002. He’s championed professional opportunities for Prep for Prep students at his firm, where dozens of Prep students have interned to date and gone on to launch careers. The couple are strong backers of Children’s Aid.

Grants range from $5,000 to $45,000 In a recent fiscal year, the foundation gave away around $443,000. Past grantees have included Food Bank for New York City, Brearley School, Jewish Communal Fund (where Susan was once president), Carnegie Hall, the Metropolitan Museum of Art, and Wildlife Conservation Society, where Susan was on the board.

The foundation keeps a low profile and does not accept unsolicited proposals.

PEOPLE:

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CONTACT:

The Lipton Foundation
51 West 52nd Street
New York, NY 10019