Brenda Brown Lipitz Family Foundation Inc

Baltimore, MD
Tax-exempt since Oct. 1997
EIN: 31-1555883

Receive an email when new data is available for this organization.

Type of Nonprofit

Designated as a 501(c)(3) Organizations for any of the following purposes: religious, educational, charitable, scientific, literary, testing for public safety, fostering national or international amateur sports competition (as long as it doesn't provide athletic facilities or equipment), or the prevention of cruelty to children or animals.

Revenue

$181k (2024)

Expenses

$82.1k (2024)

Total Assets

$2.34M (2024)

Total Liabilities

$0 (2024)

Years with missing data

Source: Form 990 tax filings from 2011 to 2024

Tax Filings by Year

Form 990 is an information return that most organizations claiming federal tax-exempt status must file yearly with the IRS. Nonprofit Explorer has IRS digitized Form 990 data for filings processed in 2012 and later. If this organization filed an amended return, it may not be reflected below. Duplicate download links may indicate a resubmission or amendment to this organization's original return. Form 990 data is from the IRS.

Fiscal Year Ending June
2024

Revenue

$180,567

Expenses

$82,107

Net Income

$98,460

Net Assets

$2,336,084

Notable Sources of Revenue		Percent of Total Revenue
Contributions	$99,187	54.9%
Program Services	$0
Investment Income	$70,682	39.1%
Bond Proceeds	$0
Royalties	$0
Rental Property Income	$0
Net Fundraising	$0
Sales of Assets	$10,698	5.9%
Net Inventory Sales	$0
Other Revenue	$0

Notable Expenses		Percent of Total Expenses
Executive Compensation	$0
Professional Fundraising Fees	$0
Other Salaries and Wages	$0

Assets/Debt
Total Assets	$2,336,084
Total Liabilities	$0
Net Assets	$2,336,084

Compensation

Key Employees and Officers	Compensation	Related	Other
Marc B Terrill (President & Public Director)	$0	$843,795	$194,135
Michael I Friedman (Treasurer And Public Director)	$0	$247,832	$11,879
Lauren Klein (Public Director)	$0	$115,395	$4,723
Brenda Brown Lipitz Rever (Vice President And Donor Director)	$0	$0	$0
Jonathan Lipitz (Secretary And Donor Director)	$0	$0	$0

+ View more people

990

Filed on May 14, 2025

Primary tax return for a nonprofit’s activities, finances, and governance

View Filing

Schedules ▼

XML

Fiscal Year Ending June
2023

Revenue

$68,046

Expenses

$102,055

Net Income

-$34,009

Net Assets

$2,103,016

Notable Sources of Revenue		Percent of Total Revenue
Contributions	$0
Program Services	$0
Investment Income	$39,657	58.3%
Bond Proceeds	$0
Royalties	$0
Rental Property Income	$0
Net Fundraising	$0
Sales of Assets	$28,389	41.7%
Net Inventory Sales	$0
Other Revenue	$0

Notable Expenses		Percent of Total Expenses
Executive Compensation	$0
Professional Fundraising Fees	$0
Other Salaries and Wages	$0

Assets/Debt
Total Assets	$2,103,016
Total Liabilities	$0
Net Assets	$2,103,016

Compensation

Key Employees and Officers	Compensation	Related	Other
Marc B Terrill (President And Public Director)	$0	$841,681	$45,897
Brenda Brown Lipitz Rever (Vice President And Donor Director)	$0	$0	$0
Jonathan Lipitz (Secretary And Donor Director)	$0	$0	$0
Michael I Friedman (Treasurer And Public Director)	$0	$253,852	$12,123
Lauren Klein (Public Director)	$0	$112,391	$5,127

+ View more people

990

Filed on Oct. 24, 2023

Primary tax return for a nonprofit’s activities, finances, and governance

View Filing

Schedules ▼

XML

Fiscal Year Ending June
2022

Revenue

$553,098

Expenses

$202,132

Net Income

$350,966

Net Assets

$2,005,839

Notable Sources of Revenue		Percent of Total Revenue
Contributions	$530,905	96.0%
Program Services	$0
Investment Income	$45,164	8.2%
Bond Proceeds	$0
Royalties	$0
Rental Property Income	$0
Net Fundraising	$0
Sales of Assets	-$22,971
Net Inventory Sales	$0
Other Revenue	$0

Notable Expenses		Percent of Total Expenses
Executive Compensation	$0
Professional Fundraising Fees	$0
Other Salaries and Wages	$0

Assets/Debt
Total Assets	$2,005,839
Total Liabilities	$0
Net Assets	$2,005,839

Compensation

Key Employees and Officers	Compensation	Related	Other
Marc B Terrill (President & Public Director)	$0	$737,697	$36,854
Brenda Brown Lipitz Rever (Vice President & Donor Director)	$0	$0	$0
Jonathan Lipitz (Secretary & Donor Director)	$0	$0	$0
Michael I Friedman (Treasurer & Public Director)	$0	$217,408	$4,098
Lauren Klein (Public Director)	$0	$97,213	$1,476

+ View more people

990

Filed on Nov. 11, 2022

Primary tax return for a nonprofit’s activities, finances, and governance

View Filing

Schedules ▼

XML

Fiscal Year Ending June
2021

Revenue

$132,976

Expenses

$85,779

Net Income

$47,197

Net Assets

$2,007,704

Notable Sources of Revenue		Percent of Total Revenue
Contributions	$0
Program Services	$0
Investment Income	$26,818	20.2%
Bond Proceeds	$0
Royalties	$0
Rental Property Income	$0
Net Fundraising	$0
Sales of Assets	$106,158	79.8%
Net Inventory Sales	$0
Other Revenue	$0

Notable Expenses		Percent of Total Expenses
Executive Compensation	$0
Professional Fundraising Fees	$0
Other Salaries and Wages	$0

Assets/Debt
Total Assets	$2,007,704
Total Liabilities	$0
Net Assets	$2,007,704

Compensation

Key Employees and Officers	Compensation	Related	Other
Marc B Terrill (President & Public Director)	$0	$719,560	$41,401
Brenda Brown Rever (Vice President & Donor Director)	$0	$0	$0
Jonathan Lipitz (Secretary & Donor Director)	$0	$0	$0
Michael I Friedman (Treasurer & Public Director)	$0	$210,849	$5,654
Lauren Klein (Public Director)	$0	$96,642	$2,587

+ View more people

990

Filed on March 10, 2022

Primary tax return for a nonprofit’s activities, finances, and governance

View Filing

Schedules ▼

PDF XML

Fiscal Year Ending June
2020

Revenue

$244,532

Expenses

$101,652

Net Income

$142,880

Net Assets

$1,645,249

Notable Sources of Revenue		Percent of Total Revenue
Contributions	$159,690	65.3%
Program Services	$0
Investment Income	$105,992	43.3%
Bond Proceeds	$0
Royalties	$0
Rental Property Income	$0
Net Fundraising	$0
Sales of Assets	-$21,150
Net Inventory Sales	$0
Other Revenue	$0

Notable Expenses		Percent of Total Expenses
Executive Compensation	$0
Professional Fundraising Fees	$0
Other Salaries and Wages	$0

Assets/Debt
Total Assets	$1,645,249
Total Liabilities	$0
Net Assets	$1,645,249

990

Primary tax return for a nonprofit’s activities, finances, and governance

PDF

Fiscal Year Ending June
2019

Revenue

$35,365

Expenses

$191,219

Net Income

-$155,854

Net Assets

$1,517,909

Notable Sources of Revenue		Percent of Total Revenue
Contributions	$10,065	28.5%
Program Services	$0
Investment Income	$25,046	70.8%
Bond Proceeds	$0
Royalties	$0
Rental Property Income	$0
Net Fundraising	$0
Sales of Assets	$254	0.7%
Net Inventory Sales	$0
Other Revenue	$0

Notable Expenses		Percent of Total Expenses
Executive Compensation	$0
Professional Fundraising Fees	$0
Other Salaries and Wages	$0

Assets/Debt
Total Assets	$1,517,909
Total Liabilities	$0
Net Assets	$1,517,909

990

Primary tax return for a nonprofit’s activities, finances, and governance

PDF

Fiscal Year Ending June
2018

Revenue

$237,071

Expenses

$134,305

Net Income

$102,766

Net Assets

$1,620,491

Notable Sources of Revenue		Percent of Total Revenue
Contributions	$0
Program Services	$0
Investment Income	$91,882	38.8%
Bond Proceeds	$0
Royalties	$0
Rental Property Income	$0
Net Fundraising	$0
Sales of Assets	$145,189	61.2%
Net Inventory Sales	$0
Other Revenue	$0

Notable Expenses		Percent of Total Expenses
Executive Compensation	$0
Professional Fundraising Fees	$0
Other Salaries and Wages	$0

Assets/Debt
Total Assets	$1,620,491
Total Liabilities	$0
Net Assets	$1,620,491

990

Primary tax return for a nonprofit’s activities, finances, and governance

PDF

Fiscal Year Ending June
2017

Revenue

$11,583

Expenses

$174,469

Net Income

-$162,886

Net Assets

$1,607,205

Notable Sources of Revenue		Percent of Total Revenue
Contributions	$7,579	65.4%
Program Services	$0
Investment Income	$33,279	> 100%
Bond Proceeds	$0
Royalties	$0
Rental Property Income	$0
Net Fundraising	$0
Sales of Assets	-$29,275
Net Inventory Sales	$0
Other Revenue	$0

Notable Expenses		Percent of Total Expenses
Executive Compensation	$0
Professional Fundraising Fees	$0
Other Salaries and Wages	$0

Assets/Debt
Total Assets	$1,607,205
Total Liabilities	$0
Net Assets	$1,607,205

990

Primary tax return for a nonprofit’s activities, finances, and governance

PDF

Fiscal Year Ending June
2016

Revenue

$145,810

Expenses

$393,329

Net Income

-$247,519

Net Assets

$1,560,332

Notable Sources of Revenue		Percent of Total Revenue
Contributions	$80,608	55.3%
Program Services	$0
Investment Income	$49,302	33.8%
Bond Proceeds	$0
Royalties	$0
Rental Property Income	$0
Net Fundraising	$0
Sales of Assets	$15,900	10.9%
Net Inventory Sales	$0
Other Revenue	$0

Notable Expenses		Percent of Total Expenses
Executive Compensation	$0
Professional Fundraising Fees	$0
Other Salaries and Wages	$0

Assets/Debt
Total Assets	$1,560,332
Total Liabilities	$0
Net Assets	$1,560,332

990

Primary tax return for a nonprofit’s activities, finances, and governance

PDF

Fiscal Year Ending June
2015

Revenue

$141,996

Expenses

$160,910

Net Income

-$18,914

Net Assets

$1,974,258

Notable Sources of Revenue		Percent of Total Revenue
Contributions	$16,907	11.9%
Program Services	$0
Investment Income	$50,571	35.6%
Bond Proceeds	$0
Royalties	$0
Rental Property Income	$0
Net Fundraising	$0
Sales of Assets	$74,518	52.5%
Net Inventory Sales	$0
Other Revenue	$0

Notable Expenses		Percent of Total Expenses
Executive Compensation	$0
Professional Fundraising Fees	$0
Other Salaries and Wages	$0

Assets/Debt
Total Assets	$1,974,258
Total Liabilities	$0
Net Assets	$1,974,258

990

Primary tax return for a nonprofit’s activities, finances, and governance

PDF

Fiscal Year Ending June
2014

Revenue

$168,674

Expenses

$217,881

Net Income

-$49,207

Net Assets

$1,639,984

Notable Sources of Revenue		Percent of Total Revenue
Contributions	$9,473	5.6%
Program Services	$0
Investment Income	$56,131	33.3%
Bond Proceeds	$0
Royalties	$0
Rental Property Income	$0
Net Fundraising	$0
Sales of Assets	$103,070	61.1%
Net Inventory Sales	$0
Other Revenue	$0

Notable Expenses		Percent of Total Expenses
Executive Compensation	$0
Professional Fundraising Fees	$0
Other Salaries and Wages	$0

Assets/Debt
Total Assets	$1,639,984
Total Liabilities	$0
Net Assets	$1,639,984

990

Primary tax return for a nonprofit’s activities, finances, and governance

PDF

Fiscal Year Ending June
2012

Revenue

$239,303

Expenses

$276,988

Net Income

-$37,685

Net Assets

$1,591,044

Notable Sources of Revenue		Percent of Total Revenue
Contributions	$0
Program Services	$0
Investment Income	$112,416	47.0%
Bond Proceeds	$0
Royalties	$0
Rental Property Income	$0
Net Fundraising	$0
Sales of Assets	$126,887	53.0%
Net Inventory Sales	$0
Other Revenue	$0

Notable Expenses		Percent of Total Expenses
Executive Compensation	$0
Professional Fundraising Fees	$0
Other Salaries and Wages	$0

Assets/Debt
Total Assets	$1,591,044
Total Liabilities	$0
Net Assets	$1,591,044

990

Primary tax return for a nonprofit’s activities, finances, and governance

PDF

Fiscal Year Ending June
2011

Revenue

$151,941

Expenses

$315,818

Net Income

-$163,877

Net Assets

$1,835,807

Notable Sources of Revenue		Percent of Total Revenue
Contributions	$0
Program Services	$0
Investment Income	$100,206	66.0%
Bond Proceeds	$0
Royalties	$0
Rental Property Income	$0
Net Fundraising	$0
Sales of Assets	$51,735	34.0%
Net Inventory Sales	$0
Other Revenue	$0

Notable Expenses		Percent of Total Expenses
Executive Compensation	$0
Professional Fundraising Fees	$0
Other Salaries and Wages	$0

Assets/Debt
Total Assets	$1,835,807
Total Liabilities	$0
Net Assets	$1,835,807

Nonprofit Explorer includes summary data for nonprofit tax returns and full Form 990 documents, in both PDF and digital formats.

The summary data contains information processed by the IRS during the 2012-2019 calendar years; this generally consists of filings for the 2011-2018 fiscal years, but may include older records. This data release includes only a subset of what can be found in the full Form 990s.

In addition to the raw summary data, we link to PDFs and digital copies of full Form 990 documents wherever possible. This consists of separate releases by the IRS of Form 990 documents processed by the agency, which we update regularly.

We also link to copies of audits nonprofit organizations that spent $750,000 or more in Federal grant money in a single fiscal year since 2016. These audits are copied from the Federal Audit Clearinghouse.

Which Organizations Are Here?

Every organization that has been recognized as tax exempt by the IRS has to file Form 990 every year, unless they make less than $200,000 in revenue and have less than $500,000 in assets, in which case they have to file form 990-EZ. Organizations making less than $50,000 don’t have to file either form but do have to let the IRS they’re still in business via a Form 990N "e-Postcard."

Nonprofit Explorer has organizations claiming tax exemption in each of the 27 subsections of the 501(c) section of the tax code, and which have filed a Form 990, Form 990EZ or Form 990PF. Taxable trusts and private foundations that are required to file a form 990PF are also included. Small organizations filing a Form 990N "e-Postcard" are not included in this data.

Types of Nonprofits

There are 27 nonprofit designations based on the numbered subsections of section 501(c) of the tax code. See the list »

Get the Data

For those interested in acquiring the original data from the source, here’s where our data comes from:

Raw filing data. Includes EINs and summary financials as structured data.
Exempt Organization profiles. Includes organization names, addresses, etc. You can merge this with the raw filing data using EIN numbers.
Form 990 documents. Prior to 2017, these documents were obtained and processed by Public.Resource.org and ProPublica. Bulk PDF downloads since 2017 are available from the IRS.
Form 990 documents as XML files. Includes complete filing data (financial details, names of officers, tax schedules, etc.) in machine-readable format. Only available for electronically filed documents. Electronic data released prior to October 2021 is also available through Amazon Web Services.
Audits. PDFs of single or program-specific audits for nonprofit organizations that spent $750,000 or more in Federal grant money in a single fiscal year. Available for fiscal year 2015 and later.

API

The data powering this website is available programmatically, via an API. Read the API documentation »

See an issue with the data?

Nonprofit Explorer

Browse millions of annual returns filed by tax-exempt organizations with ProPublica’s Nonprofit Explorer. See details like executive compensation, revenue, expenses and more. Search for an organization or a person, or search the full text of filings.

By Andrea Suozzo, Alec Glassford, Ash Ngu and Brandon Roberts.

Design by Jeff Frankl. Additional development by Ken Schwencke, Mike Tigas, and Sisi Wei.

E-file viewer adapted from IRS e-File Viewer by Ben Getson. Code for scraping audit documents adapated from Govwiki.

Updated December 22, 2025

Brenda Brown Lipitz Family Foundation Inc

Organization summary

Type of Nonprofit

Summary charts: organization finances over time

Revenue $181k (2024)

Expenses $82.1k (2024)

Total Assets $2.34M (2024)

Total Liabilities $0 (2024)

Tax Filings by Year

Fiscal Year Ending June 2024

Extracted Financial Data

Extracted Financial Data from Form 990

Compensation

Document Links

990

Fiscal Year Ending June 2023

Extracted Financial Data

Extracted Financial Data from Form 990

Compensation

Document Links

990

Fiscal Year Ending June 2022

Extracted Financial Data

Extracted Financial Data from Form 990

Compensation

Document Links

990

Fiscal Year Ending June 2021

Extracted Financial Data

Extracted Financial Data from Form 990

Compensation

Document Links

990

Fiscal Year Ending June 2020

Extracted Financial Data

Extracted Financial Data from Form 990

Document Links

990

Fiscal Year Ending June 2019

Extracted Financial Data

Extracted Financial Data from Form 990

Document Links

990

Fiscal Year Ending June 2018

Extracted Financial Data

Extracted Financial Data from Form 990

Document Links

990

Fiscal Year Ending June 2017

Extracted Financial Data

Extracted Financial Data from Form 990

Document Links

990

Fiscal Year Ending June 2016

Extracted Financial Data

Extracted Financial Data from Form 990

Document Links

990

Fiscal Year Ending June 2015

Extracted Financial Data

Extracted Financial Data from Form 990

Document Links

990

Fiscal Year Ending June 2014

Extracted Financial Data

Extracted Financial Data from Form 990

Document Links

990

Fiscal Year Ending June 2012

Extracted Financial Data

Extracted Financial Data from Form 990

Document Links

990

Fiscal Year Ending June 2011

Extracted Financial Data

Extracted Financial Data from Form 990

Document Links

990

Fiscal Year Ending June 2010

No Extracted Financial Data

Revenue

$181k (2024)

Expenses

$82.1k (2024)

Total Assets

$2.34M (2024)

Total Liabilities

$0 (2024)

Fiscal Year Ending June
2024

Fiscal Year Ending June
2023

Fiscal Year Ending June
2022

Fiscal Year Ending June
2021

Fiscal Year Ending June
2020

Fiscal Year Ending June
2019

Fiscal Year Ending June
2018

Fiscal Year Ending June
2017

Fiscal Year Ending June
2016

Fiscal Year Ending June
2015

Fiscal Year Ending June
2014

Fiscal Year Ending June
2012

Fiscal Year Ending June
2011

Fiscal Year Ending June
2010

Fiscal Year Ending June
2009

Fiscal Year Ending June
2008

Fiscal Year Ending June
2007

Fiscal Year Ending June
2006

Fiscal Year Ending June
2005

Fiscal Year Ending June
2004

Fiscal Year Ending June
2003

Fiscal Year Ending June
2002