Lhk and Mwk Memorial Foundation

WEST PALM BEACH, FL EIN: 35-7096653

Lhk and Mwk Memorial Foundation is a private foundation, based in WEST PALM BEACH, FL. IRS filing data is available from 2019 through 2024. As of 2024, the organization holds $3.5M in total assets. In 2024, it awarded 4 grants totaling $136K. Net investment income was $276K.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$3.5M

+3.6% YoY

Annual Giving

$136K

+31.5% YoY

Grant Count

+0.0% YoY

Avg Grant Size

$34K

+31.5% YoY

Under IRS private-foundation payout rules, Lhk and Mwk Memorial Foundation reported a distributable amount of $209K for 2024 — the minimum it must pay out in qualifying distributions.

About Lhk and Mwk Memorial Foundation

Based on IRS filings

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

Pennsylvania $387K (73%)

Florida $98K (18%)

California $28K (5%)

Maryland $20K (4%)

States

California Florida Maryland Pennsylvania

Cities

BaltimoreCanoga ParkDuquesneMiamiPhiladelphiaPittsburgh

Financial History

Multi-year comparison from IRS filings

Revenue

Expenses

Qualifying Distributions

Net Investment Income

Metric	2024	2023	2022
Total Assets	$3,529,718	$3,405,501	$2,014,014
Revenue	$301,066	$1,925,314	$18,979
Expenses	$176,849	$130,181	$143,499
Qualifying Distributions	$153,211	$118,311	$131,604
Net Investment Income	$275,567	$123,683	$21,997
Distributable Amount	$209,103	$150,881	$115,629

Giving Over Time

Total grant dollars and number of grants per year

Grant Insights

How this funder distributes its grants

Top Recipients

Top 4 recipients in 2024

Grant Size Distribution

18 grants across all recorded years

Giving History

Grant recipients and amounts by year

Among its reported 2024 grants, the largest include Congregation Beth Sholom ($33,989), Greater Pittsburgh Community Food Bank ($33,989), Hebrew Free Loan Association of Pittsburgh ($33,989).

Recipient	Purpose	Amount
CONGREGATION BETH SHOLOM PITTSBURGH, PA	GENERAL	$33,989
GREATER PITTSBURGH COMMUNITY FOOD BANK DUQUESNE, PA	GENERAL	$33,989
HEBREW FREE LOAN ASSOCIATION OF PITTSBURGH PITTSBURGH, PA	GENERAL	$33,989
TREE OF LIFE CONGREGATION PITTSBURGH, PA	GENERAL	$33,989

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

From 2024 filing

Name	Title	Hours	Compensation
BESSEMER TRUST CO OF FL	CO-TRUSTEE	10	$2,000
HENRY C COHEN	CO-TRUSTEE	10	$32,510

Frequently Asked Questions

How large is Lhk and Mwk Memorial Foundation?

As of 2024, Lhk and Mwk Memorial Foundation holds $3.5M in total assets with $301K in annual revenue. It awarded 4 grants totaling $136K in 2024.

Where does Lhk and Mwk Memorial Foundation operate?

Lhk and Mwk Memorial Foundation has awarded grants in California, Florida, Maryland, Pennsylvania.

What size grants does Lhk and Mwk Memorial Foundation award?

In 2024, Lhk and Mwk Memorial Foundation awarded 4 grants totaling $136K — an average of about $34K per grant, based on its IRS Form 990 filings.

How much is Lhk and Mwk Memorial Foundation required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2024, Lhk and Mwk Memorial Foundation reported a distributable amount of $209K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.

What is Lhk and Mwk Memorial Foundation's EIN?

Lhk and Mwk Memorial Foundation's EIN (Employer Identification Number) is 35-7096653. IRS Form 990 filing data is available on this page for 2019–2024.