LB Charitable Foundation is a private, non-operating foundation based in Escondido, California. Founded in 2020, the foundation operates as a family-led organization focused on philanthropy and social well-being initiatives serving the public interest and common good.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$52.5M
+4.1% YoY
Annual Giving
$2.8M
+44.5% YoY
Grant Count
114
+48.1% YoY
Avg Grant Size
$24K
-2.4% YoY
Mission & Focus Areas
LBCF is a family-led foundation whose primary objectives are philanthropy and social well-being through educational, religious, or other activities serving the public interest or common good. The foundation creates access to opportunity for people and communities.
Primary funding areas include:
- Assistance for cancer patients and cancer research
- Support for homeless populations
- Veterans services, particularly disabled veterans
- Disaster relief and victims of disasters
- Christian ministries and churches
- Local food banks
- Humane societies and animal shelters
- Drug rehabilitation clinics
- Victims of sex and human trafficking
- Victims of gang and gun violence
- Individuals with substance abuse issues
Grantmaking
Application deadline information references federal guidelines but specific details are not publicly available.
Grant Range
$500 to $100,000
Average Grant
award: $25,000
Review Cycle
information references federal guidelines but specific details are not publicly available.
How to Apply
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Geographic Focus
Where this funder awards grants
The foundation primarily supports organizations in California, with emphasis on San Diego and Escondido areas.
Geographic distribution:
- California, Virginia, and Hawaii account for 77% of all grants
- Grantmaking reaches organizations across 22 states total
- Primary funding concentration in California
Grant Distribution by State
States
Cities
Financial History
Multi-year comparison from IRS filings
Assets & Revenue (2024):
- Total assets: $52,476,071
- Total revenue: $3,585,025
- Annual income: $29.6 million
- Total expenses: $4,620,509
Historical Financial Data:
- Tax records available from 2021 to 2023
- Total giving reported: $2,759,469
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $52,476,071 | $50,416,848 | $49,379,879 |
| Revenue | $3,585,025 | $172,287 | $1,542,502 |
| Expenses | $4,620,509 | $3,745,425 | $3,101,308 |
| Qualifying Distributions | $3,982,790 | $2,616,142 | $1,949,166 |
| Net Investment Income | $3,324,372 | $861,905 | $1,247,791 |
| Distributable Amount | $2,441,519 | $2,399,862 | $2,833,281 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 10 recipients in 2024
Grant Size Distribution
200 grants across all recorded years
Open Grants
1 open opportunity from Lb Charitable Foundation
Giving History
Grant recipients and amounts by year
No grants recorded for .
Leadership & Key People
Leadership team and compensation from IRS filings
Principal Officer: Laarni Bibal
Governance: The foundation is governed by 13 officers and trustees
Additional Leadership Mentioned: Marietta Pugal (listed as Principal Officer in one source)
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| MILAGROS PANGILINAN | BOARD MEMBER | 5 | $58,240 |
| MARIETTA PUGAL | President & CEO | 35 | $120,000 |
| ABDON PUGAL | VP & CFO | 35 | $87,977 |
| KAREN TAGUINOD | BOARD MEMBER | 5 | $87,977 |
| NARCISSA GRAY | BOARD MEMBER | 5 | $79,172 |
| CORINA TAGUINOD | BOARD MEMBER | 5 | $78,869 |
| JESSIE MENDOZA | BOARD MEMBER | 30 | $96,722 |
| NESTOR MENDOZA | BOARD MEMBER | 5 | $61,824 |
| ROMARICO MENDOZA | BOARD MEMBER | 5 | $60,704 |
| KENNETH TAGUINOD | BOARD MEMBER | 5 | $88,316 |
| KRISTIAN TAGUINOD | BOARD MEMBER | 5 | $78,869 |
Recent News & Activity
Recent developments and announcements
The foundation has demonstrated active grantmaking in 2024-2025, with recent grant announcements including:
Food Lion Feeds Charitable Foundation Awards More Than $985,000 in GrantsMarch 2025: Grant to Kaleidoscope Comprehensive Care for healthcare services in Las Vegas
March 2025: Grant to Boys & Girls Club of Vista for youth development programs
2024: Grants to Vessel Church, Aris Elijah Pugal Foundation, and Hawaii Children's Cancer Foundation
Food Lion Feeds Charitable Foundation Awards More Than $985,000 in GrantsThe foundation maintains an active website and regularly announces grant recipients and their missions to the public.
Food Lion Feeds Charitable Foundation Awards More Than $985,000 in GrantsSubject Areas
Focus areas based on grantmaking activity
Data last updated April 2026. Sourced from IRS Form 990-PF filings. Research dossier generated April 2026.
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