L Heart Foundation Inc

BOZEMAN, MT EIN: 81-0522506

L Heart Foundation Inc is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in BOZEMAN, MT. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $4.8M in total assets. In 2024, it awarded 28 grants totaling $216K. Net investment income was $531K.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$4.8M

+7.2% YoY

Annual Giving

$216K

+9.7% YoY

Grant Count

28

+64.7% YoY

Avg Grant Size

$8K

-33.4% YoY

About L Heart Foundation Inc

Based on IRS filings

L Heart Foundation Inc is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in BOZEMAN, MT. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $4.8M in total assets. In 2024, it awarded 28 grants totaling $216K. Net investment income was $531K.

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

17states
+9 more states

Cities

AshlandAtlantaBelgradeBig TimberBillingsBozemanChalfontChicagoCold SpringDallasDenverEnnisGreat FallsGreensboroJenisonLackawannaLahainaLittle RockMakawaoMehoopany

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$855K$2M$3M$3M20202021202220232024
Metric202420232022
Total Assets$4,840,171$4,513,932$4,165,717
Revenue$629,314$607,850$3,110,197
Expenses$313,075$259,635$191,218
Qualifying Distributions$313,075$259,635$191,218
Net Investment Income$530,903$586,180$31,055
Distributable Amount$401,167$311,077$272,814

Giving Over Time

Total grant dollars and number of grants per year

$0$54K$108K$162K$216K11 grants202018 grants202114 grants202217 grants202328 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 10 recipients in 2024

Wave Hill Public Garden$16KDUCKS UNLIMITED$10KMadison Valley Medical C…$10KNational Park Foundation$10KGlynwood Farm - Sustaina…$10KBozeman Film Society$10KHazelden Betty Ford$10KWLI - MT$10KThe ICCF Group$10KThe Cody Dieruf Foundation$10K

Grant Size Distribution

88 grants across all recorded years

87<$50K1$50–100K$100–250K$250–500K$500K–1M$1–5M$5M+

Giving History

Grant recipients and amounts by year

No grants recorded for .

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

From 2024 filing

NameTitleHoursCompensation
Theodore A ThompsonDirector
William B ThompsonDirector

Subject Areas

Focus areas based on grantmaking activity

Related Funders

Similar funders by location and focus area

Data last updated April 2026. Sourced from IRS Form 990-PF filings.

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