LFMC Foundation

Private foundation · Grantmaker Wilmington, DE EIN: 46-0731752

LFMC Foundation is a private foundation, based in Wilmington, DE. IRS filing data is available from 2020 through 2023. In 2023, it awarded 1 grant totaling $222K. Net investment income was $4K.

LFMC Foundation at a glance

In short: LFMC Foundation gave $222K across 1 grant in 2023 (avg $222K), mostly in California. Source: 2023 IRS Form 990-PF.

Annual giving (2023)
$222,404
Grants made (2023)
1
Average grant
$222,404
Median grant
$222,404
Primary geography
California (100% of itemized 2023 grant dollars)
Latest 990 filing
Form 990-PF, 2023 View filing

Data from IRS Form 990-PF, 2023; updated September 2026.

Who LFMC Foundation funds

How this funder distributes its grants

Top Recipients

Top recipient in 2023

Morgan Stanley Global Impact Funding Trust Inc: $222KMorgan Stanley Global ImpactFunding Trust Inc$222K

The largest 2023 recipient was Morgan Stanley Global Impact Funding Trust Inc ($222K).

Grant Size Distribution

9 grants across all recorded years

5<$50K1$50–100K3$100–250K$250–500K$500K–1M$1–5M$5M+

The most common grant size was under $50K: 5 grants of 9 (56%).

Geographic Focus

Where this funder awards grants

Grant Distribution by State

4states

Share of the 2023 grant dollars on its one itemized grant.

Cities

PhoenixNew YorkFt LauderdaleHollywoodSan FranciscoScottsdale

How LFMC Foundation gives

  • Giving fell 30% from 2020 to 2023. Method
  • In 2023 it paid out well above its IRS minimum distribution (the 5% rule). Method

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

Giving History

Giving Over Time

Total grant dollars and number of grants per year

$0$100K$200K$300K$400K7 grants2020 1 grant2021 0 grants2022 1 grant2023

From 2020 to 2023, annual grant giving ranged from $10K (2021) to $318K (2020). In 2023 it made 1 grant totaling $222K.

Grants by year

Grant recipients and amounts by year

RecipientPurposeAmount
Morgan Stanley Global Impact Funding Trust Inc San Francisco, CAGeneral & Unrestricted$222,404
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Financial History

Multi-year comparison from IRS filings

Figures from IRS filings, by filing year
Filing yearTotal AssetsRevenueExpensesGrants paidGrantsQualifying DistributionsNet Investment IncomeDistributable Amount
2023—$103,638$303,361$222,4041$303,361$3,638$9,420
2022$199,723$50,236$79,420——$79,320$236$10,491
2021$228,907$-26,731$89,623$10,0001$89,623$135$13,979
2020$365,261$14,124$408,116$317,9307—$14,124$25,935

Under IRS private-foundation payout rules, LFMC Foundation reported a distributable amount of $9K for 2023 — the minimum it must pay out in qualifying distributions.

Leadership & Key People

Officers and directors from IRS filings

LFMC Foundation is led by Wahiba Estergard, Director, Secretary & President on every filing since 2020 — the only officer listed, and uncompensated.

Officers on the 2023 filing

  • Wahiba Estergard

    Director, Secretary & President

    On filings since 2020

    1 hr/week

    No compensation reported

Data from IRS Form 990 filings, 2020–2023. "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 LFMC Foundation

How much does LFMC Foundation give each year?

LFMC Foundation gave $222K across 1 grant in 2023, according to its 2023 IRS Form 990-PF.

Where does LFMC Foundation operate?

LFMC Foundation has awarded grants in Arizona, California, Florida, New York.

How much is LFMC Foundation required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2023, LFMC Foundation reported a distributable amount of $9K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.

What is LFMC Foundation's EIN?

LFMC Foundation's EIN (Employer Identification Number) is 46-0731752. IRS Form 990 filing data is available on this page for 2020–2023.

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

Data update history

(5)

When this profile's IRS filing data changed on Grantable

  1. Updated Form 990-PF for fiscal year 2020 (received by the IRS August 12, 2021)
  2. Updated Form 990-PF for fiscal year 2021 (received by the IRS November 14, 2022)
  3. Updated Form 990-PF for fiscal year 2022 (received by the IRS August 2, 2023)
  4. Updated Form 990-PF for fiscal year 2023 (received by the IRS April 28, 2024)
  5. IRS filings on file for fiscal years 2020–2023

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The filing figures on this page are open data under CC BY 4.0. About GrantGraph Open

Figures come from LFMC 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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