Lbmh Chesed Fund Inc

SURFSIDE, FL EIN: 92-1280466

Lbmh Chesed Fund Inc is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, 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.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$230K

Annual Giving

$73K

Grant Count

3

Avg Grant Size

$24K

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.

About Lbmh Chesed Fund Inc

Based on IRS filings

Lbmh Chesed Fund Inc is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, 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.

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

2states

Cities

Great NeckSurfside

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$55K$110K$165K$220K20222024
Metric20242022
Total Assets$229,519$200,036
Revenue$99,502$200,048
Expenses$72,932$12
Qualifying Distributions$72,925
Net Investment Income$8,042$36
Distributable Amount$8,203$409

Giving Over Time

Total grant dollars and number of grants per year

$0$18K$36K$55K$73K0 grants20223 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 3 recipients in 2024

SEPHARDIC CENTER INC$35KSEE ATTACHED$29KSADDLE ROCK MINYAN$9K

Grant Size Distribution

3 grants across all recorded years

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

Giving History

Grant recipients and amounts by year

Among its reported 2024 grants, the largest include Sephardic Center Inc ($35,346), See Attached ($29,066), Saddle Rock Minyan ($8,513).

RecipientPurposeAmount
SEPHARDIC CENTER INC SURFSIDE, FLHOUSE OF WORSHIP$35,346
SADDLE ROCK MINYAN GREAT NECK, NYHOUSE OF WORSHIP$8,513
SEE ATTACHED SURFSIDE, FLRELIGIOUS AND SOCIAL$29,066

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

From 2024 filing

NameTitleHoursCompensation
ROEI R GIGIPresident
SHARON GIGIVice President
LIAT GIGISecretary

Subject Areas

Focus areas based on grantmaking activity

Frequently Asked Questions

What is Lbmh Chesed Fund Inc?

Lbmh Chesed Fund Inc is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in SURFSIDE, FL. It holds $230K in total assets as of 2024.

How large is Lbmh Chesed Fund Inc?

As of 2024, Lbmh Chesed Fund Inc holds $230K in total assets with $100K in annual revenue. It awarded 3 grants totaling $73K in 2024.

Where does Lbmh Chesed Fund Inc operate?

Lbmh Chesed Fund Inc has awarded grants in Florida, New York.

What size grants does Lbmh Chesed Fund Inc award?

In 2024, Lbmh Chesed Fund Inc awarded 3 grants totaling $73K — an average of about $24K per grant, based on its IRS Form 990 filings.

How much is Lbmh Chesed Fund Inc required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2024, Lbmh Chesed Fund Inc reported a distributable amount of $8K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.

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.

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

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