LBMH Chesed Fund Inc

Private foundation · Grantmaker Surfside, FL EIN: 92-1280466

LBMH Chesed Fund Inc is a private foundation, based in Surfside, FL. IRS filing data is available from 2022 through 2024. As of 2024, the organization holds $230K in total assets. In 2024, it awarded 3 grants totaling $73K. Net investment income was $8K.

LBMH Chesed Fund Inc at a glance

In short: LBMH Chesed Fund Inc gave $73K across 3 grants in 2024 (avg $24K), mostly in Florida. Source: 2024 IRS Form 990-PF.

Annual giving (2024)
$72,925
Grants made (2024)
3
Average grant
$24,308
Median grant
$29,066
Total assets
$229,519
Primary geography
Florida (88% of itemized 2024 grant dollars)
Latest 990 filing
Form 990-PF, 2024 View filing

Data from IRS Form 990-PF, 2024; updated September 2026.

Who LBMH Chesed Fund Inc funds

How this funder distributes its grants

Top Recipients

Top 2 recipients in 2024

Sephardic Center Inc: $35KSephardic Center Inc$35KSaddle Rock Minyan: $9KSaddle Rock Minyan$9K

The largest 2024 recipient was Sephardic Center Inc ($35K). Together the top 2 received $44K.

Grant Size Distribution

3 grants across all recorded years

3<$50K$50–100K$100–250K$250–500K$500K–1M$1–5M$5M+

The most common grant size was under $50K: 3 grants of 3 (100%).

Geographic Focus

Where this funder awards grants

Grant Distribution by State

2states

Share of 2024 grant dollars across all 3 itemized grants.

Cities

SurfsideGreat Neck

How LBMH Chesed Fund Inc gives

  • In 2024 it paid out 889% of its IRS minimum distribution (the 5% rule). 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

$0$20K$40K$60K$80K0 grants2022 3 grants2024

In 2024 it made 3 grants totaling $73K.

Grants by year

Grant recipients and amounts by year

RecipientPurposeAmount
Sephardic Center Inc Surfside, FLHouse of Worship$35,346
See Attached Surfside, FLReligious and Social$29,066
Saddle Rock Minyan Great Neck, NYHouse of Worship$8,513
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Financial History

Multi-year comparison from IRS filings

Figures from IRS filings, by filing year
Filing yearTotal AssetsRevenueExpensesGrants paidGrantsQualifying DistributionsNet Investment IncomeDistributable Amount
2024$229,519$99,502$72,932$72,9253$72,925$8,042$8,203
2022$200,036$200,048$12———$36$409

Under IRS private-foundation payout rules, LBMH Chesed Fund Inc reported a distributable amount of $8K for 2024 — the minimum it must pay out in qualifying distributions.

Leadership & Key People

Officers and directors from IRS filings

LBMH Chesed Fund Inc is led by Roei R. Gigi, President on every filing since 2022; none of the 3 officers listed in 2024 report compensation.

Officers on the 2024 filing

  • Roei R. Gigi

    President

    On filings since 2022

    No compensation reported

  • Liat Gigi

    Secretary

    On filings since 2022

    No compensation reported

  • Sharon Gigi

    Vice President

    On filings since 2022

    No compensation reported

Data from IRS Form 990 filings, 2022–2024. "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 LBMH Chesed Fund Inc

How much does LBMH Chesed Fund Inc give each year?

LBMH Chesed Fund Inc gave $73K across 3 grants in 2024, according to its 2024 IRS Form 990-PF.

What is LBMH Chesed Fund Inc's typical grant size?

LBMH Chesed Fund Inc's median grant in 2024 was $29,066, and its average grant was $24,308, across 3 grants on its 2024 IRS Form 990-PF.

Where does LBMH Chesed Fund Inc give grants?

LBMH Chesed Fund Inc gives mostly in Florida: 88% of the grant dollars itemized on its 2024 IRS Form 990-PF went to recipients there. The next largest state was New York (12%). The most frequent recipient cities were Surfside, FL (2 grants).

Does LBMH Chesed Fund Inc give general operating support?

Not in 2024: none of the 3 grants with a stated purpose on LBMH Chesed Fund Inc's 2024 IRS Form 990-PF were described as general or operating support.

How large is LBMH Chesed Fund Inc?

LBMH Chesed Fund Inc reported $230K in total assets on its 2024 IRS Form 990-PF. It paid out $73K in qualifying distributions that year, against a required minimum of $8K (roughly 5% of its investment assets).

What is LBMH Chesed Fund Inc's EIN?

LBMH Chesed Fund Inc's EIN (Employer Identification Number) is 92-1280466. IRS Form 990 filing data is available on this page for 2022–2024.

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

Data update history

(1)

When this profile's IRS filing data changed on Grantable

  1. IRS filings on file for fiscal years 2022–2024

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The filing figures on this page are open data under CC BY 4.0. About GrantGraph Open

Figures come from LBMH Chesed Fund Inc's IRS filings (methodology). AI-written summaries, news items and logos are not covered by the open licence. Spot an error? Email hello@grantable.co.

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