L B Foundation Inc
L B Foundation Inc is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in MIAMI BEACH, FL. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $8K in total assets. In 2024, it awarded 5 grants totaling $80K. Net investment income was $1K.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$8K
-77.6% YoY
Annual Giving
$80K
+100.0% YoY
Grant Count
5
+66.7% YoY
Avg Grant Size
$16K
+20.0% YoY
Under IRS private-foundation payout rules, L B Foundation Inc reported a distributable amount of $5K for 2024 — the minimum it must pay out in qualifying distributions.
About L B Foundation Inc
Based on IRS filings
L B Foundation Inc is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in MIAMI BEACH, FL. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $8K in total assets. In 2024, it awarded 5 grants totaling $80K. Net investment income was $1K.
Focus Areas
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $7,987 | $35,614 | $36,305 |
| Revenue | $75,926 | $57,228 | $17,799 |
| Expenses | $82,133 | $40,089 | $52,834 |
| Qualifying Distributions | $82,116 | $40,061 | $51,966 |
| Net Investment Income | $1,065 | $1,249 | $1,340 |
| Distributable Amount | $4,546 | $6,609 | $7,833 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 5 recipients in 2024
Grant Size Distribution
11 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include Children's Resources ($40,000), Cancer Link ($20,000), American Cancer Society ($10,000).
| Recipient | Purpose | Amount |
|---|---|---|
| CHILDREN'S RESOURCES MIAMI, FL | EDUCATION | $40,000 |
| CANCER LINK MIAMI, FL | BREAST CANCER RESEARCH | $20,000 |
| AMERICAN CANCER SOCIETY ATLANTA, GA | CANCER RESEARCH | $10,000 |
| ST JUDE'S CHILDRENS RESEARCH HOSPIT MEMPHIS, TN | MEDICAL RESEARCH | $5,000 |
| ANIMAL RESCUE MISSION WEST HOLLYWOOD, CA | ANIMAL RESCUE | $5,000 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| NELSON J BRANDT | PRES./DIR. | 1 | — |
| BETTY M BRANDT | V-P./DIR. | 0.5 | — |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is L B Foundation Inc?
L B Foundation Inc is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in MIAMI BEACH, FL. It holds $8K in total assets as of 2024.
How large is L B Foundation Inc?
As of 2024, L B Foundation Inc holds $8K in total assets with $76K in annual revenue. It awarded 5 grants totaling $80K in 2024.
Where does L B Foundation Inc operate?
L B Foundation Inc has awarded grants in California, Florida, Georgia, New York, Tennessee.
What size grants does L B Foundation Inc award?
In 2024, L B Foundation Inc awarded 5 grants totaling $80K — an average of about $16K per grant, based on its IRS Form 990 filings.
How much is L B Foundation Inc required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, L B Foundation Inc reported a distributable amount of $5K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is L B Foundation Inc's EIN?
L B Foundation Inc's EIN (Employer Identification Number) is 65-0799910. IRS Form 990 filing data is available on this page for 2020–2024.
Explore Open Grants
Browse active grant opportunities in L B Foundation Inc's focus areas in our free grants database
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.