Lawrence M & Kerin C
Lawrence M & Kerin C is a private foundation, based in Cordova, TN. IRS filing data is available from 2020 through 2025. As of 2025, the organization holds $3.4M in total assets. In 2025, it awarded 5 grants totaling $114K.
Lawrence M & Kerin C at a glance
In short: Lawrence M & Kerin C gave $114K across 5 grants in 2025 (avg $23K), mostly in Tennessee. Source: 2025 IRS Form 990-PF.
- Annual giving (2025)
- $113,572
- +372.4% vs 2024
- Grants made (2025)
- 5
- +0.0% vs 2024
- Average grant
- $22,714
- +372.4% vs 2024
- Median grant
- $5,145
- Total assets
- $3,408,175
- +62.9% vs 2024
- Primary geography
- Tennessee (91% of itemized 2025 grant dollars)
- Latest 990 filing
- Form 990-PF, 2025 View filing
Data from IRS Form 990-PF, 2025; updated September 2026.
Who Lawrence M & Kerin C funds
How this funder distributes its grants
Top Recipients
Top 5 recipients in 2025
The largest 2025 recipient was The Front Porch Memphis ($98K). Together the top 5 received $114K.
Grant Size Distribution
33 grants across all recorded years
The most common grant size was under $50K: 29 grants of 33 (88%).
Geographic Focus
Where this funder awards grants
Grant Distribution by State
Share of 2025 grant dollars across all 5 itemized grants.
Cities
How Lawrence M & Kerin C gives
- Giving fell 32% from 2022 to 2025. Method
- In 2025 it paid out 81% of its IRS minimum distribution (the 5% rule). Foundations have until the end of the next year to meet it. Method
From the foundation's IRS Form 990-PF filings. Methodology.
Giving History
Giving Over Time
Total grant dollars and number of grants per year
From 2020 to 2025, annual grant giving ranged from $24K (2024) to $644K (2023). In 2025 it made 5 grants totaling $114K.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| The Front Porch Memphis Memphis, TN | To further the growth and developement, education, and financial support of various charities | $98,000 |
| Ms Delta Councile for Farmworkers O Clarksdale, MS | To further the growth and developement, education, and financial support of various charities | $10,000 |
| Memphis Inner City Rugby Nashville, TN | To further the growth and developement, education, and financial support of various charities | $5,145 |
| Midwayusa Foundation Columbia, MO | To further the growth and developement, education, and financial support of various charities | $361 |
| Shelby Co Scholastic Clay Target as Lakeland, TN | To further the growth and developement, education, and financial support of various charities | $66 |
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Financial History
Multi-year comparison from IRS filings
| Filing year | Total Assets | Revenue | Expenses | Grants paid | Grants | Qualifying Distributions | Net Investment Income | Distributable Amount |
|---|---|---|---|---|---|---|---|---|
| 2025 | $3,408,175 | $1,614,560 | $363,864 | $113,572 | 5 | $113,572 | — | $141,014 |
| 2024 | $2,092,583 | $209,007 | $203,131 | $24,040 | 5 | $24,040 | — | $134,871 |
| 2023 | $2,038,631 | $892,446 | $834,779 | $643,512 | 7 | $643,512 | — | $128,886 |
| 2022 | $1,852,479 | $820,058 | $227,992 | $167,563 | 9 | $167,563 | $94,629 | $99,997 |
| 2021 | $1,520,560 | $170,093 | $84,205 | $40,264 | 7 | $40,264 | $126,152 | $73,306 |
| 2020 | $1,392,642 | $227,046 | $196,925 | $147,150 | 8 | — | $77,271 | $65,488 |
Under IRS private-foundation payout rules, Lawrence M & Kerin C reported a distributable amount of $141K for 2025 — the minimum it must pay out in qualifying distributions.
Leadership & Key People
Officers and directors from IRS filings
Lawrence M & Kerin C is led by Lawremce M. Magdovitz II, President on every filing since 2020; none of the 3 officers listed in 2025 report compensation.
Officers on the 2025 filing
Lawremce M. Magdovitz II
President
On filings since 2020
No compensation reported
Bethe Ann Mack
Director
On filings since 2020
No compensation reported
Nouth Magdovitz
Director
On filings since 2020
No compensation reported
Data from IRS Form 990 filings, 2020–2025. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.
Frequently asked questions about Lawrence M & Kerin C
How much does Lawrence M & Kerin C give each year?
Lawrence M & Kerin C gave $114K across 5 grants in 2025, according to its 2025 IRS Form 990-PF. In 2024 it gave $24K across 5 grants.
What is Lawrence M & Kerin C's typical grant size?
Lawrence M & Kerin C's median grant in 2025 was $5,145, and its average grant was $22,714, across 5 grants on its 2025 IRS Form 990-PF.
Where does Lawrence M & Kerin C give grants?
Lawrence M & Kerin C gives mostly in Tennessee: 91% of the grant dollars itemized on its 2025 IRS Form 990-PF went to recipients there. The next largest state was Mississippi (9%).
Does Lawrence M & Kerin C give general operating support?
Not in 2025: none of the 5 grants with a stated purpose on Lawrence M & Kerin C's 2025 IRS Form 990-PF were described as general or operating support.
Who are Lawrence M & Kerin C's largest grantees?
Lawrence M & Kerin C's largest 2025 grantees include The Front Porch Memphis ($98,000), Ms Delta Councile for Farmworkers O ($10,000) and Memphis Inner City Rugby ($5,145), according to its 2025 IRS Form 990-PF.
How large is Lawrence M & Kerin C?
Lawrence M & Kerin C reported $3.4M in total assets on its 2025 IRS Form 990-PF. It paid out $114K in qualifying distributions that year, against a required minimum of $141K (roughly 5% of its investment assets). Falling short in one year is not a violation: foundations have until the end of the next year to meet the minimum.
What is Lawrence M & Kerin C's EIN?
Lawrence M & Kerin C's EIN (Employer Identification Number) is 47-2122518. IRS Form 990 filing data is available on this page for 2020–2025.
Data last updated September 2026. Sourced from IRS Form 990-PF filings.
Data update history
(7)
When this profile's IRS filing data changed on Grantable
- Updated Form 990-PF for fiscal year 2020 (received by the IRS August 19, 2021)
- Updated Form 990-PF for fiscal year 2021 (received by the IRS July 7, 2022)
- Updated Form 990-PF for fiscal year 2022 (received by the IRS May 25, 2023)
- Updated Form 990-PF for fiscal year 2023 (received by the IRS October 7, 2024)
- Updated Form 990-PF for fiscal year 2024 (received by the IRS June 3, 2025)
- Added Form 990-PF for fiscal year 2025 (received by the IRS July 16, 2026)
- IRS filings on file for fiscal years 2020–2024
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