Public Charity

WILLIAM & BETTY LESTER FOUNDATION INC

WILLIAM & BETTY LESTER FOUNDATION INC is a private foundation categorized as Public Charity based in WHIPPANY, NJ. Its most recent IRS filing (2025) reports revenue of $453K, expenses of $7.8M. Imperigo tracks 29 reported grants from this foundation totaling approximately $9.9M.

EIN: 226063176 WHIPPANY, NJ Latest filing: 2025
Total Revenue$453K
Total Expenses$7.8M
Grants Given29
Grant Total$9.9M
Filing Years2021–2025

Mission

THE ORGANIZATION IS A SUPPORTING ORGANIZATION WHICH MAKES GRANTS TO CARRY OUT THE PURPOSES OF THE JEWISH COMMUNITY FOUNDATION OF GREATER METROWEST NJ, INC.

Where $100 goes at William & Betty Lester Foundation Inc

How William & Betty Lester Foundation Inc divides every $100 it spends, from its own Form 990 filings, averaged across 8 years.

$98 Programs the work itself
$2 Management running the organization
$0 Fundraising none reported

No fundraising costs are reported. That often means fundraising runs through a separate affiliated organization that files its own return.

Inside the $98 for programs

$98
The organization is a supporting organization which made grants to carry out the purposes of the jewish community foundation of greater metrowest nj, inc
All program spending
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Source: Form 990 filings with the IRS, latest fiscal year 2025. Shares are from the organization's reported expenses. Data by Imperigo; not affiliated with the IRS.

Before you apply to William & Betty Lester Foundation Inc

Rarely funds new orgs 8% of recent recipients were first-time grantees (2022–2024).

Who to contact, what to include, deadlines, typical grant size and geographic focus are available with membership.

Sample Grants Given

Whippany, NJ · 2024
General support
$7,424,356
WHIPPANY, NJ · 2024
GENERAL SUPPORT
$285,300
TEMPLE BETH SHALOM
LIVINGSTON, NJ · 2024
GENERAL SUPPORT
$23,044
BOCA RATON, FL · 2024
GENERAL SUPPORT
$19,589
WHIPPANY, NJ · 2023
GENERAL SUPPORT
$275,801

Showing up to 5 of 29 total records — full history available with membership.

Officers & Directors

SECRETARY/Trustee Howard J Rabner
TRUSTEE Jeffrey J Greenbaum
TRUSTEE Martin Barber
TRUSTEE Maxine Murnick
President Max L Kleinman
CFO Shawn Laing

Officer compensation and complete director data available with membership.

Top Grant Purposes

General Support
$9,945,910 29 grants

Financial Trends

Year Revenue Expenses Assets
2025 $453K $7.8M —
2024 $378K $366K $7.2M
2023 $193K $398K $6.9M
2022 $555K $330K $6.7M
2021 $516K $326K $7.1M

Between 2021 and 2025, reported annual revenue declined from $516K to $453K (-12%).

Interactive year-over-year charts and full filing details available with membership.

Grant Geography

Grants from this foundation were reported to recipients in FL, NJ.

FLNJ

Full geographic grant map with state-by-state breakdown available with membership.

See the full picture for WILLIAM & BETTY LESTER FOUNDATION INC

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