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Lavelle Fund for the Blind, Inc.

Profile

Last Updated: 2016-06-04

At A Glance

Lavelle Fund for the Blind, Inc.

307 W. 38th St., Ste. 2010

New York City, NY United States 10018-9507

Telephone: (212) 668-9801

URL: www.lavellefund.org

Type of Grantmaker

Independent foundation

Financial Data

(yr. ended 2014-12-31)

Assets: $127,427,339

Total giving: $4,418,555

EIN

131740463

BRIDGE Number

8249372241

Background

Established in 1999; Converted to an independent foundation in 2003 - Lavelle Fund for the Blind, Inc., formerly the Lavelle School for the Blind, began operating a school for the blind in 1909. In 1947, the school became a state-chartered and state funded 4201 school dedicated to serving multi handicapped children with visual impairments. In 1999, a new entity was created to run and hold the school's assets. The old entity became the Lavelle Fund for the Blind, Inc.

Purpose and Activities

The fund is dedicated to supporting programs that promote the spiritual, moral, intellectual, and physical development of blind and low-vision people of all ages, together with programs that help people avoid vision loss. Priority is given to agencies that concentrate on serving the New York City metropolitan area .

Program Area(s)

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

Brother James Kearney Scholarship for the Blind

The program aims to help make quality undergraduate and graduate education affordable for financially needy Tri-State area students who are legally blind and capable of university-level study. Toward this end, the fund is awarding grants to selected colleges in the NYC area, in support of general educational purpose stipends. Stipends will not exceed $15,000 per year for up to 4 years.

Program-Related Investment

The foundation has made a PRI in the form of a loan to a school for the blind.

Fields of Interest

Subjects
  • Diseases and conditions
  • Eye diseases
  • Health
  • Human services
  • Independent living for people with disabilities
  • Special population support
Population Groups
  • Academics
  • Children and youth
  • Economically disadvantaged people
  • Low-income and poor people
  • People with disabilities
  • People with vision impairments
  • Students

Financial Data

Year ended 2014-12-31

Assets: $127,427,339 (market value)

Expenditures: $5,890,009

Total giving: $4,418,555

Qualifying distributions: $6,449,551