LC Fund for Priestly Formation
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.
LC Fund for Priestly Formation at a glance
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.
- Annual giving (2025)
- $1,852,649
- +20.1% vs 2024
- Grants made (2025)
- 7
- +75.0% vs 2024
- Average grant
- $264,664
- -31.4% vs 2024
- Median grant
- $127,500
- Total assets
- $12,130,949
- -12.8% vs 2024
- Primary geography
- Georgia (75% of itemized 2025 grant dollars)
- Latest 990 filing
- Form 990, 2025 View filing
Data from IRS Form 990, 2025; updated September 2026.
Who LC Fund for Priestly Formation funds
How this funder distributes its grants
Top Recipients
Top 7 recipients in 2025
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
The most common grant size was in the $500K–1M range: 10 grants of 20 (50%).
Geographic Focus
Where this funder awards grants
Grant Distribution by State
Share of 2025 grant dollars across all 7 itemized grants.
States
Cities
How LC Fund for Priestly Formation gives
- Giving grew 68% from 2022 to 2025. Method
From the foundation's IRS Form 990 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 $500K (2020) to $5.1M (2023). In 2025 it made 7 grants totaling $1.9M.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| The Legion of Christ Inc Rosewell, GA | Educational | $600,000 |
| Investment and Research in Education Inc Cumming, GA | Educational | $550,000 |
| Legion of Christ College of Humanitiesinc Cheshire, CT | Educational | $400,000 |
| Arke Inc Cumming, GA | Educational | $127,500 |
| LC Pastoral Services Inc Roswell, GA | Educational | $100,000 |
| Verbum Domini Inc Faifield, CT | Educational | $62,269 |
| LCNA Atlanta Inc Cumming, GA | Educational | $12,880 |
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Financial History
Multi-year comparison from IRS filings
| Filing year | Total Assets | Revenue | Expenses | Grants paid | Grants | Net Investment Income |
|---|---|---|---|---|---|---|
| 2025 | $12,130,949 | $7,016,053 | $7,811,094 | $1,852,649 | 7 | $657,355 |
| 2024 | $13,904,402 | $6,015,129 | $3,851,728 | $1,542,847 | 4 | $628,141 |
| 2023 | $10,180,217 | $9,010,049 | $10,893,585 | $5,109,000 | 4 | $261,916 |
| 2022 | $11,375,575 | $6,359,818 | $2,957,166 | $1,100,000 | 2 | $-361,126 |
| 2021 | $8,722,078 | $5,730,048 | $1,788,970 | $1,206,755 | 3 | $472,542 |
| 2020 | $4,808,855 | $4,775,916 | $570,877 | $500,000 | 1 | $100,254 |
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
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.
Data update history
(6)
When this profile's IRS filing data changed on Grantable
- Updated Form 990 for fiscal year 2020 (received by the IRS May 13, 2021)
- Updated Form 990 for fiscal year 2021 (received by the IRS May 13, 2022)
- Updated Form 990 for fiscal year 2022 (received by the IRS August 28, 2023)
- Updated Form 990 for fiscal year 2023 (received by the IRS May 23, 2024)
- Updated Form 990 for fiscal year 2024 (received by the IRS May 14, 2025)
- Added Form 990 for fiscal year 2025 (received by the IRS May 14, 2026)
Live grants for the work LC Fund for Priestly Formation funds
Religion Related Open opportunities, soonest deadline first.
Explore Open Grants
Browse active grant opportunities in LC Fund for Priestly Formation's focus areas in our free grants database
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