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Eugene M. Lang Foundation

Profile

Last Updated: 2016-02-05

At A Glance

Eugene M. Lang Foundation

912 5th Ave., Ste. 4B

New York City, NY United States 10021-4147

Telephone: (212) 949-4100

Type of Grantmaker

Independent foundation

Additional Descriptor

  • Celebrity: Business
  • Family foundation

Financial Data

(yr. ended 2014-12-31)

Assets: $19,735,562

Total giving: $1,092,100

EIN

136153412

BRIDGE Number

3617852346

Background

Established in 1968 in NY - Founded by Eugene M. Lang, Chairman Emeritus of REFAC Technology Development Corp., through which he has developed more than 100 companies in nearly four dozen countries. In June 1981, Mr. Lang began the "I Have a Dream" program (IHAD) during his commencement speech to the 62 graduating six-graders of P.S. 121 in East Harlem, his alma mater. He promised each student tuition support if they were to attend any local, public, state, or city institution of higher education, including vocational schools. As of December 1997, 54 of the students from the class of 1981 had high school diplomas or GED certificates, and 39 had entered both 4-year and community colleges. As of June 1996, the IHAD program had been extended to 162 projects in 61 cities and included over 15,000 children. In addition to tuition support, the IHAD program provides children with on-going educational support and related intervention during their K-12 years

Purpose and Activities

Giving primarily for an arts center, higher and other education, cultural programs, and health and hospitals, including medical research.

Program Area(s)

The grantmaker has identified the following area(s) of interest:

"I Have A Dream" Program

This program provides educational and mentoring support programs to disadvantaged groups of children from elementary through high school with an assured college opportunity, and related scholarship support.

AMNH-Lang Youth Scientists

Organized in 2000, this program has developed under the auspices of the American Museum of Natural History (AMNH) as an after-school Saturday summer program that fosters the interest, understanding and competence of underprivileged public school students in science careers.

Building Wellness

Created in 2004, this is a comprehensive six year after-school health literacy program that starts with public school children in the third grade.

Project Pericles

This program encourages and facilitates commitments by colleges and universities to include education for social responsibility, and participatory citizenship as an essential part of their educational programs, in and out of the classroom. This learning experience is intended to provide students with a foundation for social and civic involvement, and a conviction that democratic institutions and processes offer each person the best opportunity to improve the condition of society. E-mail for general information: projectpericles@projectpericles.org. Please see project Web site for more details.

Fields of Interest

Subjects
  • Arts and culture
  • Diseases and conditions
  • Early childhood education
  • Education
  • Health
  • Higher education
  • Hospital care
  • In-patient medical care
  • Performing arts
  • Undergraduate education
Population Groups
  • Academics
  • Children
  • Children and youth
  • Students
Organizations
  • Associations

Financial Data

Year ended 2014-12-31

Assets: $19,735,562 (market value)

Expenditures: $1,476,046

Total giving: $1,092,100

Qualifying distributions: $1,267,537

Giving activities include:

$1,092,100 for 90 grants (high: $275,000; low: $100)