LC Fund for Priestly Formation

Public charity · Grantmaker Houston, TX EIN: 47-3786139

To develop, improve and support nonprofit, parochial schools located in the united states, mexico, brazil, austria and italy. The organization will transfer funds directly to the legion schools which are constructing new facilities or establishing new programs in furtherance of their educational purposes.

Key facts about LC Fund for Priestly Formation

In short: LC Fund for Priestly Formation gave $1.9M across 7 grants in 2025 (avg $265K), mostly in Georgia. Source: 2025 IRS Form 990.

EIN
47-3786139
Latest 990 filing
Form 990, 2025
Annual giving (2025)
$1,852,649
Grants made (2025)
7
Average grant
$264,664
Median grant
$127,500
Total assets
$12,130,949
Primary geography
Georgia (75% of itemized 2025 grant dollars)

Data from IRS Form 990, 2025; updated September 2026.

Financial Overview

From 2025 IRS Form 990 · View filing

Total Assets

$12.1M

-12.8% YoY

Annual Giving

$1.9M

+20.1% YoY

Grant Count

7

+75.0% YoY

Avg Grant Size

$265K

-31.4% YoY

How LC Fund for Priestly Formation gives

  • Giving grew 68% from 2022 to 2025. Method

From the foundation's IRS Form 990 filings. Methodology.

About LC Fund for Priestly Formation

Based on IRS filings

LC Fund for Priestly Formation is a public charity focused on religion, based in Houston, TX. IRS filing data is available from 2020 through 2025. As of 2025, the organization holds $12.1M in total assets. In 2025, it awarded 7 grants totaling $1.9M. Net investment income was $657K.

Focus Areas

Your AI grants department

Ready to take the next step with LC Fund for Priestly Formation?

Fully replaces Grant database subscriptions Instrumentl · Foundation Directory · GrantStation & similar

Geographic Focus

Where this funder awards grants

Grant Distribution by State

2states

Share of 2025 grant dollars across all 7 itemized grants.

Cities

CummingCheshireRoswellRosewellFaifield

Giving Over Time

Total grant dollars and number of grants per year

$0$2M$4M$6M1 grant2020 3 grants2021 2 grants2022 4 grants2023 4 grants2024 7 grants2025

From 2020 to 2025, annual grant giving ranged from $500K (2020) to $5.1M (2023). In 2025 it made 7 grants totaling $1.9M.

Grant Insights

How this funder distributes its grants

Top Recipients

Top 7 recipients in 2025

The Legion of Christ Inc: $600KThe Legion of Christ Inc$600KInvestment and Research in Education Inc: $550KInvestment and Research inEducation Inc$550KLegion of Christ College of Humanitiesinc: $400KLegion of Christ College ofHumanitiesinc$400KArke Inc: $128KArke Inc$128KLC Pastoral Services Inc: $100KLC Pastoral Services Inc$100KVerbum Domini Inc: $62KVerbum Domini Inc$62KLCNA Atlanta Inc: $13KLCNA Atlanta Inc$13K

The largest 2025 recipient was The Legion of Christ Inc ($600K). Together the top 7 received $1.9M.

Grant Size Distribution

20 grants across all recorded years

3<$50K1$50–100K3$100–250K2$250–500K10$500K–1M1$1–5M$5M+

The most common grant size was in the $500K–1M range: 10 grants of 20 (50%).

Giving History

Grant recipients and amounts by year

RecipientPurposeAmount
The Legion of Christ Inc Rosewell, GAEducational$600,000
Investment and Research in Education Inc Cumming, GAEducational$550,000
Legion of Christ College of Humanitiesinc Cheshire, CTEducational$400,000
Arke Inc Cumming, GAEducational$127,500
LC Pastoral Services Inc Roswell, GAEducational$100,000
Verbum Domini Inc Faifield, CTEducational$62,269
LCNA Atlanta Inc Cumming, GAEducational$12,880

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Net Investment Income
$0$5M$10M$15M2020 2021 2022 2023 2024 2025
Metric202520242023
Total Assets$12,130,949$13,904,402$10,180,217
Revenue$7,016,053$6,015,129$9,010,049
Expenses$7,811,094$3,851,728$10,893,585
Net Investment Income$657,355$628,141$261,916

Data update history

When this profile's IRS filing data changed on Grantable

  1. Updated Form 990 for fiscal year 2020 (received by the IRS May 13, 2021)
  2. Updated Form 990 for fiscal year 2021 (received by the IRS May 13, 2022)
  3. Updated Form 990 for fiscal year 2022 (received by the IRS August 28, 2023)
  4. Updated Form 990 for fiscal year 2023 (received by the IRS May 23, 2024)
  5. Updated Form 990 for fiscal year 2024 (received by the IRS May 14, 2025)
  6. Added Form 990 for fiscal year 2025 (received by the IRS May 14, 2026)

Leadership & Key People

Officers and directors from IRS filings

LC Fund for Priestly Formation is led by Carlos Gutierrez, President & Director on the 2025 filing; none of the 6 officers listed in 2025 report compensation.

Officers on the 2025 filing

  • Carlos Gutierrez

    President & Director

    New on the 2025 filing

    2 hrs/week

    No compensation reported

  • Hernan Jimenez

    Vice President & Director

    Vice President → Vice President & Director, 2023

    On filings since 2020

    2 hrs/week

    No compensation reported

  • Jose Gerardo Cardenas

    Treasurer & Director

    Treasurer → Treasurer & Director, 2023

    On filings since 2020

    2 hrs/week

    No compensation reported

  • Luis Alberto Henao

    Secretary & Director

    On filings since 2023

    2 hrs/week

    No compensation reported

  • Adolfo Guemez

    Director

    New on the 2025 filing

    2 hrs/week

    No compensation reported

  • Frank Formolo

    Assistant Secretary

    On filings since 2020

    2 hrs/week

    No compensation reported

Former officers (3)
  • Former: John Connor (2020–2024) — President & Director
  • Former: Rafael Ducci (2020–2024) — Director
  • Former: Andreas Schoggl (2020–2022) — Secretary

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 LC Fund for Priestly Formation

How much does LC Fund for Priestly Formation give each year?

LC Fund for Priestly Formation gave $1.9M across 7 grants in 2025, according to its 2025 IRS Form 990. In 2024 it gave $1.5M across 4 grants.

What is LC Fund for Priestly Formation's typical grant size?

LC Fund for Priestly Formation's median grant in 2025 was $127,500, and its average grant was $264,664, across 7 grants on its 2025 IRS Form 990.

Where does LC Fund for Priestly Formation give grants?

LC Fund for Priestly Formation gives mostly in Georgia: 75% of the grant dollars itemized on its 2025 IRS Form 990 went to recipients there. The next largest state was Connecticut (25%). The most frequent recipient cities were Cumming, GA (3 grants).

Does LC Fund for Priestly Formation give general operating support?

Not in 2025: none of the 7 grants with a stated purpose on LC Fund for Priestly Formation's 2025 IRS Form 990 were described as general or operating support. Recurring purposes include "Educational" (7 grants).

Who are LC Fund for Priestly Formation's largest grantees?

LC Fund for Priestly Formation's largest 2025 grantees include The Legion of Christ Inc ($600,000), Investment and Research in Education Inc ($550,000) and Legion of Christ College of Humanitiesinc ($400,000), according to its 2025 IRS Form 990. Together they received 84% of its itemized 2025 grant dollars.

How large is LC Fund for Priestly Formation?

LC Fund for Priestly Formation reported $12.1M in total assets on its 2025 IRS Form 990. Its revenue that year was $7.0M.

What is LC Fund for Priestly Formation?

LC Fund for Priestly Formation is a public charity focused on religion, based in Houston, TX. It holds $12.1M in total assets as of 2025.

What is LC Fund for Priestly Formation's EIN?

LC Fund for Priestly Formation's EIN (Employer Identification Number) is 47-3786139. IRS Form 990 filing data is available on this page for 2020–2025.

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

Your AI grants department

Here's the math on researching LC Fund for Priestly Formation by hand.

Explore Open Grants

Browse active grant opportunities in LC Fund for Priestly Formation's focus areas in our free grants database

Similar Funders

Funders with grantees in common, and similar funders in Texas

Educational Developers Inc

Houston, TX

The entity is organized to promote, sponsor, and donate funds to educational organizations in the U.S. and latin America.

Assets

$10.2M

Grants

1

Total Given

$33.4M

New Gate to Peace Foundation

Houston, TX

The promotion of pilgrimages, tours and retreats to the holy land. The foundation also makes donations to other religious foundations, and promotes the organization of encounters between leaders of the different religions, national and ethnic groups in the holy land that foster mutual understanding and spirit of collaboration and dialogue.

Religion Related

Assets

$1.4M

Grants

1

Total Given

$2.3M

Communities Foundation of Texas Inc

Dallas, TX

Communities Foundation of Texas funds charitable work in health, wealth, living, and learning, with much of its grantmaking supporting North Texas nonprofits; its 2025 grants had a median of $18,779, though award sizes varied widely. Nearly all opportunities are by invitation, and its Nonprofit Gateway profile is not a grant application.

Philanthropy, Voluntarism & Grantmaking

Assets

$1.2B

Grants

2,209

Total Given

$209.2M

Greater Houston Community Foundation

Houston, TX

The Foundation makes grants through donor-advised and other donor-established funds for public benefit, human services, education, and health, including initiatives addressing economic mobility and poverty in Harris County. In 2024, its median grant was $25,000; it serves Greater Houston, while grants also go to recipients elsewhere in Texas and beyond. It does not accept proposals for the upcoming High-Impact Grantmaking cycle and plans to invite selected organizations or collaboratives to apply.

Assets

$1.1B

Grants

1,724

Total Given

$232.3M

BNSF Railway Foundation

Fort Worth, TX

The BNSF Railway Foundation supports civic, cultural, educational, health and human services, environmental, and youth programs, as well as general operating costs, in communities served by BNSF across its 28-state network. Its 2025 median grant was $2,500; its current grants program lists awards of $1,000–$10,000.

Philanthropy, Voluntarism & Grantmaking

Assets

$23.0M

Grants

993

Total Given

$7.0M

Baker Hughes Foundation

Houston, TX

Philanthropy, Voluntarism & Grantmaking

Assets

$2.2M

Grants

990

Total Given

$3.2M

Community Foundation of North Texas (Tax

Fort Worth, TX

The Community Foundation of North Texas supports nonprofits through grants for areas including animal welfare, conservation, community development, nonprofit capacity, and opportunity, primarily in North Texas, including seven listed counties. Its 2024 grants had a median amount of $14,250, with awards ranging from $5,100 to $1.5 million. It offers competitive grants through application cycles; nonprofits cannot apply for donor-advised grants.

Philanthropy, Voluntarism & Grantmaking

Assets

$544.9M

Grants

872

Total Given

$41.3M

Michael & Susan Dell Foundation

Austin, TX

The Michael & Susan Dell Foundation funds education, health, family economic stability, and nonprofit capacity, with a strong focus on children and families and its deepest investment in Texas, especially Greater Austin; it also supports work elsewhere in the U.S. and internationally. Its 2024 grants ranged from $75 to $50 million, with a median of $19,324. It accepts unsolicited requests through an online application.

Assets

$7.8B

Grants

835

Total Given

$164.6M

American Heart Association Inc

Dallas, TX

The American Heart Association funds basic, clinical, behavioral, translational, population, and other research on cardiovascular, cerebrovascular, and brain health, mainly through research awards to eligible U.S.-based nonprofit institutions. In 2025, grants ranged from $5,000 to $9.9 million, with a median award of $20,000. Applications are submitted through designated programs; the profile does not state whether unsolicited requests are accepted.

Diseases, Disorders & Medical Disciplines

Assets

$2.0B

Grants

833

Total Given

$198.2M

Laura and John Arnold Foundation

Houston, TX

Arnold Ventures funds evidence-based research, evaluation, and policy work in criminal justice, health care, higher education and career pathways, public finance, and infrastructure. Its 2024 grants had a median of $122,776 (ranging from $685 to $12.5 million); based in Houston, Texas, it does not accept unsolicited requests, but accepts applications through specific requests for proposals.

Philanthropy, Voluntarism & Grantmaking

Assets

$4.8B

Grants

789

Total Given

$193.3M

The Dallas Foundation

Dallas, TX

The Dallas Foundation funds nonprofits and other charitable organizations working on early childhood, maternal and child health, economic mobility, homelessness, youth mental health, and community needs, primarily in Dallas County. Its 2024 itemized grants had a median of $25,000; listed 2026 cycles seek requests of $5,000–$50,000 or $15,000–$50,000, depending on the program. It accepts applications through grant cycles when open; none are currently open, and organizations outside Dallas County may be eligible if most people they serve live there.

Philanthropy, Voluntarism & Grantmaking

Assets

$491.5M

Grants

788

Total Given

$87.3M

More Funders in Texas

LC Fund for Priestly Formation down — hundreds of funders to go?

Want AI to do this for you?