Lcm Foundation
Lcm Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in BROOKLYN, NY. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $642K in total assets. In 2024, it awarded 8 grants totaling $135K. Net investment income was $26K.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$642K
-14.6% YoY
Annual Giving
$135K
+20.6% YoY
Grant Count
8
+0.0% YoY
Avg Grant Size
$17K
+20.6% YoY
Under IRS private-foundation payout rules, Lcm Foundation reported a distributable amount of $35K for 2024 — the minimum it must pay out in qualifying distributions.
About Lcm Foundation
Based on IRS filings
Lcm Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in BROOKLYN, NY. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $642K in total assets. In 2024, it awarded 8 grants totaling $135K. Net investment income was $26K.
Focus Areas
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
States
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $642,038 | $751,407 | $819,621 |
| Revenue | $26,344 | $21,084 | $178,981 |
| Expenses | $135,713 | $111,798 | $80,860 |
| Qualifying Distributions | $134,700 | $111,705 | $80,740 |
| Net Investment Income | $26,344 | $21,084 | — |
| Distributable Amount | $35,177 | $32,468 | $33,824 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 8 recipients in 2024
Grant Size Distribution
22 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include Ojc Fund ($52,500), Congregation Panim Meiroth ($32,100), Cong Shalmei Joel Dratzfert ($18,000).
| Recipient | Purpose | Amount |
|---|---|---|
| CONG SHALMEI JOEL DRATZFERT MONSEY, NY | TO FURTHER RELIGIOUS CAUSES | $18,000 |
| CONGREGATION CHAISHEK SHLOMO INC BROOKLYN, NY | TO FURTHER RELIGIOUS CAUSES | $4,000 |
| CONGREGATION PANIM MEIROTH BROOKLYN, NY | TO FURTHER RELIGIOUS CAUSES | $32,100 |
| OJC FUND BROOKLYN, NY | TO FURTHER RELIGIOUS CAUSES | $52,500 |
| BEIS HAMEDROSH OHEIV YISROEL BROOKLYN, NY | TO FURTHER RELIGIOUS CAUSES | $5,000 |
| CONG OHEL YAAKOV INC BROOKLYN, NY | TO FURTHER RELIGIOUS CAUSES | $4,500 |
| MIFAL EZRA ZICHRON YEHIDE BROOKLYN, NY | TO FURTHER RELIGIOUS CAUSES | $3,600 |
| TOV V'CHESED SPRING VALLEY, NY | TO FURTHER RELIGIOUS CAUSES | $15,000 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| LIPA MARKOWITZ | TRUSTEE | 1 | — |
| CHAYA MARKOWITZ | TRUSTEE & TREASURER | 1 | — |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is Lcm Foundation?
Lcm Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in BROOKLYN, NY. It holds $642K in total assets as of 2024.
How large is Lcm Foundation?
As of 2024, Lcm Foundation holds $642K in total assets with $26K in annual revenue. It awarded 8 grants totaling $135K in 2024.
Where does Lcm Foundation operate?
Lcm Foundation has awarded grants in New York.
What size grants does Lcm Foundation award?
In 2024, Lcm Foundation awarded 8 grants totaling $135K — an average of about $17K per grant, based on its IRS Form 990 filings.
How much is Lcm Foundation required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, Lcm Foundation reported a distributable amount of $35K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is Lcm Foundation's EIN?
Lcm Foundation's EIN (Employer Identification Number) is 84-6452261. IRS Form 990 filing data is available on this page for 2020–2024.
Explore Open Grants
Browse active grant opportunities in Lcm Foundation's focus areas in our free grants database
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.