Edward F Limato Foundation logo

Edward F Limato Foundation

LOS ANGELES, CA EIN: 27-7123286 Website

The Edward F Limato Foundation is a private, non-operating foundation based in Los Angeles, California. Established in 2012, the foundation operates as a 501(c)(3) charitable organization dedicated to philanthropic grantmaking and fund distribution.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$11.6M

+2.9% YoY

Annual Giving

$454K

-10.9% YoY

Grant Count

26

-23.5% YoY

Avg Grant Size

$17K

+16.6% YoY

Under IRS private-foundation payout rules, Edward F Limato Foundation reported a distributable amount of $748K for 2024 — the minimum it must pay out in qualifying distributions.

Research compiled by Grantable AI from public sources. Last updated April 2026.

Mission & Focus Areas

The Edward F Limato Foundation is dedicated to supporting the dramatic arts and LGBT causes through scholarship and endowment.

The foundation supports organizations working in:

  • LGBT advocacy and education
  • Arts and dramatic arts
  • Community services and social welfare
  • Historic preservation
  • Educational programs and scholarships

Grantmaking

The foundation is open to new applicants, with approximately 12% of new applicants receiving funding.

Grant Range

approximately $67

Average Grant

approximately $67

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Geographic Focus

Where this funder awards grants

The foundation supports a wide range of cities and states across the United States, with primary focus areas including:

  • California
  • New York
  • Texas
  • Washington
  • Florida
  • Illinois
  • Maryland
  • Pennsylvania
  • Tennessee

Major urban centers supported include Los Angeles, New York, and San Francisco, as well as smaller communities.

Grant Distribution by State

17states
+9 more states

Cities

AventuraBeverly HillsBlufftonBostonBrooklynBrownvilleCascoCypressDenverDes MoinesHartfordHoustonHudstonKennewickKnoxvilleLos AngelesMamaroneckMilpitasNew BritainNew Orleans

Financial History

Multi-year comparison from IRS filings

Assets & Revenue:

  • Total assets (2024): $11,563,594
  • Total assets (2023): $11,241,160
  • Total assets (2023): $11.2 million
  • Annual revenue (2023): $419,609
  • Annual expenses (2023): $769,140
  • Total liabilities (2023): $280,000

The foundation has demonstrated consistent asset growth, with assets increasing 2.6% from the previous year.

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$338K$677K$1M$1M20202021202220232024
Metric202420232022
Total Assets$11,563,594$11,241,160$11,310,945
Revenue$1,097,437$419,609$525,975
Expenses$719,058$769,140$656,064
Qualifying Distributions$646,514$718,510$613,789
Net Investment Income$1,008,563$390,998$490,302
Distributable Amount$748,097$678,276$681,946

Giving Over Time

Total grant dollars and number of grants per year

$0$157K$314K$472K$629K22 grants202030 grants202127 grants202234 grants202326 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 10 recipients in 2024

MOTION PICTURE & TELEVIS…$78KHAIBU CARES$65KDEL SHORES FOUNDATION$34KJUILLIARD SCHOOL$30KSTRIVE FOR COLLEGE$30KMOCA$26KPROJECT ANGEL FOOD$25KOPERA ON TAP$17KELTON JOHN AIDS FOUNDATION$16KCEDAR SINAI$15K

Grant Size Distribution

139 grants across all recorded years

124<$50K13$50–100K2$100–250K$250–500K$500K–1M$1–5M$5M+

Giving History

Grant recipients and amounts by year

Among its reported 2024 grants, the largest include Motion Picture & Television Fund ($77,500), Haibu Cares ($65,000), Del Shores Foundation ($34,419).

RecipientPurposeAmount
AVIVA FAMILY LOS ANGELES, CAPROGRAM SUPPORT$5,225
CAMPFIRE PROJECT DES MOINES, WAPROGRAM SUPPORT$10,000
CEDAR SINAI LOS ANGELES, CAPROGRAM SUPPORT$15,000
DAMON RUNYON CANCER RESEARCH FOUNDATION NEW YORK, NYPROGRAM SUPPORT$10,985
DEL SHORES FOUNDATION LOS ANGELES, CAPROGRAM SUPPORT$34,419
ECAN ACTION NETWORK STEVENSON, MDPROGRAM SUPPORT$2,574
ELTON JOHN AIDS FOUNDATION NEW YORK, NYPROGRAM SUPPORT$16,000
GO CONTEMPORARY DANCE WORKS INC KNOXVILLE, TNPROGRAM SUPPORT$10,000
GOLDEN GATE PERFORMING ARTS SAN FRANCISCO, CAPROGRAM SUPPORT$10,000
HAIBU CARES SACRAMENTO, CAPROGRAM SUPPORT$65,000

Leadership & Key People

Leadership team and compensation from IRS filings

Richard Konigsberg - President and Trustee

Gary Craig Olsen - Trustee

Compensation Overview

From 2024 IRS filing

RICHARD KONIGSBERGPRESIDENT/TRUSTEE$180KGARY CRAIG OLSENTRUSTEE$20K

From 2024 filing

NameTitleHoursCompensation
RICHARD KONIGSBERGPRESIDENT/TRUSTEE40$180,000
GARY CRAIG OLSENTRUSTEE5$19,800

Recent News & Activity

Recent developments and announcements

2012

Since its establishment in 2012, the foundation's outreach has grown exponentially each year. The foundation continues to actively support organizations aligned with its mission in the dramatic arts and LGBT causes.

Subject Areas

Focus areas based on grantmaking activity

Frequently Asked Questions

What does Edward F Limato Foundation fund?

The Edward F Limato Foundation is dedicated to supporting the dramatic arts and LGBT causes through scholarship and endowment. The foundation supports organizations working in: • LGBT advocacy and education • Arts and dramatic arts • Community services and social welfare • Historic preservation • Educational programs and scholarships

How do I apply for a grant from Edward F Limato Foundation?

**Grant Activity:** • Total giving (2024): $438,753 • Total giving (2023): $509,000 • Typical award range: $200–$77,500 • Average grant size: approximately $67 • Number of grants awarded (2023): 34 grants • Number of grants awarded (previous year): 6,052 The foundation is open to new applicants, with approximately 12% of new applicants receiving funding. **Supported Organizations:** The foundation provides support to organizations including: • GLSEN (Gay, Lesbian & Straight Education Network) •…

Where does Edward F Limato Foundation make grants?

The foundation supports a wide range of cities and states across the United States, with primary focus areas including: • California • New York • Texas • Washington • Florida • Illinois • Maryland • Pennsylvania • Tennessee Major urban centers supported include Los Angeles, New York, and San Francisco, as well as smaller communities.

What size grants does Edward F Limato Foundation award?

In 2024, Edward F Limato Foundation awarded 26 grants totaling $454K — an average of about $17K per grant, based on its IRS Form 990 filings.

How much is Edward F Limato Foundation required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2024, Edward F Limato Foundation reported a distributable amount of $748K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.

What is Edward F Limato Foundation's EIN?

Edward F Limato Foundation's EIN (Employer Identification Number) is 27-7123286. IRS Form 990 filing data is available on this page for 2020–2024.

Explore Open Grants

Browse active grant opportunities in Edward F Limato Foundation's focus areas in our free grants database

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Data last updated June 2026. Sourced from IRS Form 990-PF filings. Research dossier generated April 2026.

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