Limnexus Foundation
Limnexus Foundation is a private foundation, based in Los Angeles, CA. IRS filing data is available from 2021 through 2026. As of 2026, the organization holds $42K in total assets. In 2026, it awarded 5 grants totaling $17K.
Key facts about Limnexus Foundation
In short: Limnexus Foundation gave $17K across 5 grants in 2026 (avg $3K), mostly in California. Source: 2026 IRS Form 990-PF.
- EIN
- 87-0776905
- Latest 990 filing
- Form 990-PF, 2026
- Annual giving (2026)
- $16,500
- Grants made (2026)
- 5
- Average grant
- $3,300
- Median grant
- $2,500
- Total assets
- $42,001
- Primary geography
- California (85% of itemized 2026 grant dollars)
Data from IRS Form 990-PF, 2026; updated September 2026.
Financial Overview
From 2026 IRS Form 990-PF · View filing
Total Assets
$42K
+45.5% YoY
Annual Giving
$17K
-23.3% YoY
Grant Count
5
-16.7% YoY
Avg Grant Size
$3K
-7.9% YoY
Under IRS private-foundation payout rules, Limnexus Foundation reported a distributable amount of $2K for 2026 — the minimum it must pay out in qualifying distributions.
How Limnexus Foundation gives
- Giving fell 58% from 2023 to 2026. Method
- In 2026 it paid out 898% of its IRS minimum distribution (the 5% rule). Method
From the foundation's IRS Form 990-PF filings. Methodology.
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
Share of 2026 grant dollars across all 5 itemized grants.
Cities
Giving Over Time
Total grant dollars and number of grants per year
From 2021 to 2026, annual grant giving ranged from $17K (2026) to $54K (2021). In 2026 it made 5 grants totaling $17K.
Grant Insights
How this funder distributes its grants
Top Recipients
Top 5 recipients in 2026
The largest 2026 recipient was Neighborhood Legal Services of LA ($5K). Together the top 5 received $17K.
Grant Size Distribution
31 grants across all recorded years
The most common grant size was under $50K: 31 grants of 31 (100%).
Giving History
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| Neighborhood Legal Services of LA Glendale, CA | Educational Scholarship | $5,000 |
| Iakl Foundation San Francisco, CA | Educational Scholarship | $4,000 |
| Napaba Law Foundation Washington, DC | Educational Scholarship | $2,500 |
| Kaba Foundation Los Angeles, CA | Educational Scholarship | $2,500 |
| SCCLA Scholarship Fund Inc Los Angeles, CA | Educational Scholarship | $2,500 |
Financial History
Multi-year comparison from IRS filings
| Metric | 2026 | 2025 | 2024 |
|---|---|---|---|
| Total Assets | $42,001 | $28,866 | $25,906 |
| Revenue | $30,000 | $25,500 | $43,250 |
| Expenses | $16,865 | $22,540 | $24,702 |
| Qualifying Distributions | $16,500 | $21,500 | $23,500 |
| Distributable Amount | $1,837 | $1,533 | $1,039 |
Data update history
When this profile's IRS filing data changed on Grantable
- Added Form 990-PF for fiscal year 2026 (received by the IRS August 13, 2026)
- IRS filings on file for fiscal years 2021–2025
Leadership & Key People
Officers and directors from IRS filings
Limnexus Foundation is led by Lisa Yang, CEO & Secretary since 2023 (on filings since 2021); none of the 2 officers listed in 2026 report compensation.
Officers on the 2026 filing
Lisa Yang
CEO & Secretary
Secretary → CEO & Secretary, 2023
On filings since 2021
1 hr/week
No compensation reported
Bryan King Sheldon
CFO
On filings since 2021
1 hr/week
No compensation reported
Former officers (1)
- Former: John Sc Lim (2021–2025) — Former CEO
Data from IRS Form 990 filings, 2021–2026. "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 Limnexus Foundation
How much does Limnexus Foundation give each year?
Limnexus Foundation gave $17K across 5 grants in 2026, according to its 2026 IRS Form 990-PF. In 2025 it gave $22K across 6 grants.
What is Limnexus Foundation's typical grant size?
Limnexus Foundation's median grant in 2026 was $2,500, and its average grant was $3,300, across 5 grants on its 2026 IRS Form 990-PF.
Where does Limnexus Foundation give grants?
Limnexus Foundation gives mostly in California: 85% of the grant dollars itemized on its 2026 IRS Form 990-PF went to recipients there. The next largest state was District of Columbia (15%). The most frequent recipient cities were Los Angeles, CA (2 grants).
Does Limnexus Foundation give general operating support?
Not in 2026: none of the 5 grants with a stated purpose on Limnexus Foundation's 2026 IRS Form 990-PF were described as general or operating support. Recurring purposes include "Educational Scholarship" (5 grants).
Who are Limnexus Foundation's largest grantees?
Limnexus Foundation's largest 2026 grantees include Neighborhood Legal Services of LA ($5,000), Iakl Foundation ($4,000) and Napaba Law Foundation ($2,500), according to its 2026 IRS Form 990-PF. Together they received 70% of its itemized 2026 grant dollars.
How large is Limnexus Foundation?
Limnexus Foundation reported $42K in total assets on its 2026 IRS Form 990-PF. It paid out $17K in qualifying distributions that year, against a required minimum of $2K (roughly 5% of its investment assets).
What is Limnexus Foundation's EIN?
Limnexus Foundation's EIN (Employer Identification Number) is 87-0776905. IRS Form 990 filing data is available on this page for 2021–2026.
Data last updated September 2026. Sourced from IRS Form 990-PF filings.
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