LCM Foundation
LCM Foundation is a private foundation based in Brooklyn, New York. Its 2025 filing reports grants to charitable organizations for religious causes, with all listed grant dollars going to recipients in New York.
LCM Foundation at a glance
In short: LCM Foundation gave $421K across 11 grants in 2025 (avg $38K), mostly in New York. 55% of 2025 grantees were new. Source: 2025 IRS Form 990-PF.
- Annual giving (2025)
- $421,200
- +212.7% vs 2024
- Grants made (2025)
- 11
- +37.5% vs 2024
- Average grant
- $38,291
- +127.4% vs 2024
- Median grant
- $22,000
- Total assets
- $233,385
- -63.6% vs 2024
- New grantees (estimate)
- 55% first-time grantees (6 of 11, 2025; small sample)
- Primary geography
- New York (100% of itemized 2025 grant dollars)
- Latest 990 filing
- Form 990-PF, 2025 View filing
Data from IRS Form 990-PF, 2025; updated October 2026. New grantees are estimated by matching recipient names across years (methodology).
How to apply to LCM Foundation
- Accepts unsolicited proposals
- No
- How to Apply
-
The foundation does not accept unsolicited requests for funds; it makes contributions only to preselected charitable organizations.
- Contact
Mailing address: 1247 55Th St, Brooklyn, NY 11219
Phone: (718) 963-9845
Application details from Grantable's research on the foundation's public materials; confirm on its website before applying.
Who LCM Foundation funds
How this funder distributes its grants
Top Recipients
Top 10 recipients in 2025
The largest 2025 recipient was Congregation Panim Meiroth ($150K). Together the top 10 received $420K.
Grant Size Distribution
33 grants across all recorded years
The most common grant size was under $50K: 26 grants of 33 (79%).
Geographic Focus
Where this funder awards grants
All grant dollars reported for 2025 went to recipients in New York. The listed recipients were in Brooklyn, Monsey, and Airmont.
Grant Distribution by State
Share of 2025 grant dollars across all 11 itemized grants.
States
Cities
Is LCM Foundation open to new grantees?
55%
first-time grantees, 2025
In 2025, 6 of 11 grantees (55%) were first-time recipients. With only 11 grantees, that is a small sample: one grantee more or less moves the share by about 9 points. First grants averaged $33K; repeat grants $44K. How we count
Medians: $33K first-time, $22K repeat.
- 45% of 2025 grantees were also funded in 2024. Method
- Giving grew 422% from 2022 to 2025. Method
- In 2025 it paid out well above its IRS minimum distribution (the 5% rule). Method
Estimate from itemized grant lists in IRS Form 990-PF filings (2022–2025). Recipient names are matched across years, so a renamed or misspelled grantee can look new; grants to individuals are left out. Methodology.
Giving History
Giving Over Time
Total grant dollars and number of grants per year
From 2022 to 2025, annual grant giving ranged from $81K (2022) to $421K (2025). In 2025 it made 11 grants totaling $421K.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| Congregation Panim Meiroth Brooklyn, NY | To Further Religious Causes | $150,200 |
| Congregation Machzikei Torah Monsey, NY | To Further Religious Causes | $80,000 |
| Cong of Echo Ridge Airmont, NY | To Further Religious Causes | $50,000 |
| JCC of Williamsburg Inc Brooklyn, NY | To Further Religious Causes | $50,000 |
| OJC Fund Brooklyn, NY | To Further Religious Causes | $41,200 |
| Cong Shalmei Joel Dratzfert Monsey, NY | To Further Religious Causes | $22,000 |
| Cong Lev Avrum Yakov Brooklyn, NY | To Further Religious Causes | $16,000 |
| Congregation Chaishek Shlomo Inc Brooklyn, NY | To Further Religious Causes | $6,800 |
| Yeshiva Beth Hillel Brooklyn, NY | To Further Religious Causes | $3,000 |
| Mifal Ezra Zichron Yehide Brooklyn, NY | To Further Religious Causes | $1,000 |
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Financial History
Multi-year comparison from IRS filings
| Filing year | Total Assets | Revenue | Expenses | Grants paid | Grants | Qualifying Distributions | Net Investment Income | Distributable Amount |
|---|---|---|---|---|---|---|---|---|
| 2025 | $233,385 | $14,478 | $423,131 | $421,200 | 11 | $421,200 | $13,888 | $21,435 |
| 2024 | $642,038 | $26,344 | $135,713 | $134,700 | 8 | $134,700 | $26,344 | $35,177 |
| 2023 | $751,407 | $21,084 | $111,798 | $111,705 | 8 | $111,705 | $21,084 | $32,468 |
| 2022 | $819,621 | $178,981 | $80,860 | $80,740 | 6 | $80,740 | — | $33,824 |
| 2021 | $551,000 | $551,000 | — | — | — | — | — | $1,131 |
Under IRS private-foundation payout rules, LCM Foundation reported a distributable amount of $21K for 2025 — the minimum it must pay out in qualifying distributions.
Research compiled by Grantable AI from public sources. Last updated September 2026.
Grantmaking
In filing year 2025, LCM Foundation gave $421,200 through 11 grants. The median grant was $22,000; grants ranged from $1,000 to $150,200.
The largest reported grants were $150,200 to CONGREGATION PANIM MEIROTH, $80,000 to CONGREGATION MACHZIKEI TORAH, and $50,000 each to CONG OF ECHO RIDGE and JCC OF WILLIAMSBURG INC. Each grant was designated “to further religious causes.”
Leadership & Key People
Leadership team and compensation from IRS filings
The 2025 filing lists Lipa Markowitz as trustee and Chaya Markowitz as trustee and treasurer.
LCM Foundation's 2025 filing lists 2 officers; none of the 2 officers listed in 2025 report compensation.
Officers on the 2025 filing
Chaya Markowitz
Trustee & Treasurer
Trustee → Trustee & Treasurer, 2022
On filings since 2020
1 hr/week
No compensation reported
Lipa Markowitz
Trustee
On filings since 2020
1 hr/week
No compensation reported
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 LCM Foundation
How much does LCM Foundation give each year?
LCM Foundation gave $421K across 11 grants in 2025, according to its 2025 IRS Form 990-PF. In 2024 it gave $135K across 8 grants.
What is LCM Foundation's typical grant size?
LCM Foundation's median grant in 2025 was $22,000, and its average grant was $38,291, across 11 grants on its 2025 IRS Form 990-PF. Organizations receiving their first grant from LCM Foundation that year got $33K on average.
Where does LCM Foundation give grants?
LCM Foundation gives mostly in New York: 100% of the grant dollars itemized on its 2025 IRS Form 990-PF went to recipients there. The most frequent recipient cities were Brooklyn, NY (8 grants) and Monsey, NY (2 grants).
Does LCM Foundation give general operating support?
Not in 2025: none of the 11 grants with a stated purpose on LCM Foundation's 2025 IRS Form 990-PF were described as general or operating support. Recurring purposes include "To Further Religious Causes" (11 grants).
Who are LCM Foundation's largest grantees?
LCM Foundation's largest 2025 grantees include Congregation Panim Meiroth ($150,200), Congregation Machzikei Torah ($80,000) and Cong of Echo Ridge ($50,000), according to its 2025 IRS Form 990-PF. Together they received 67% of its itemized 2025 grant dollars.
How large is LCM Foundation?
LCM Foundation reported $233K in total assets on its 2025 IRS Form 990-PF. It paid out $421K in qualifying distributions that year, against a required minimum of $21K (roughly 5% of its investment assets).
How do I apply for a grant from LCM Foundation?
The foundation does not accept unsolicited requests for funds; it makes contributions only to preselected charitable organizations. Eligibility and process details are in the grantmaking section of this profile. See how to apply ↑
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 2020–2025.
Does LCM Foundation accept unsolicited proposals?
No, according to Grantable's research on the foundation's published guidelines. See how to apply ↑
Data last updated October 2026. Sourced from IRS Form 990-PF filings. Research dossier generated September 2026.
Data update history
(2)
When this profile's IRS filing data changed on Grantable
- Added Form 990-PF for fiscal year 2025 (received by the IRS May 4, 2026)
- IRS filings on file for fiscal years 2020–2024
Live grants for the work LCM Foundation funds
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Figures come from LCM Foundation'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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