Lm Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in NEW YORK, NY. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $17.0M in total assets. In 2024, it awarded 13 grants totaling $670K. Net investment income was $1.2M.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$17.0M
+3.0% YoY
Annual Giving
$670K
-46.7% YoY
Grant Count
13
-27.8% YoY
Avg Grant Size
$52K
-26.2% YoY
Under IRS private-foundation payout rules, Lm Foundation reported a distributable amount of $968K for 2024 — the minimum it must pay out in qualifying distributions.
About Lm Foundation
Based on IRS filings
Lm Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in NEW YORK, NY. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $17.0M in total assets. In 2024, it awarded 13 grants totaling $670K. Net investment income was $1.2M.
Focus Areas
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $17,039,126 | $16,538,900 | $16,939,342 |
| Revenue | $1,287,895 | $914,881 | $529,544 |
| Expenses | $787,669 | $1,314,573 | $1,046,747 |
| Qualifying Distributions | $675,400 | $1,259,994 | $934,150 |
| Net Investment Income | $1,182,267 | $836,111 | $442,424 |
| Distributable Amount | $968,379 | $881,840 | $931,486 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 10 recipients in 2024
Grant Size Distribution
59 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include Center on Budget and Policy Priorities ($200,000), Breaking Ground ($125,000), Osborne Association ($100,000).
| Recipient | Purpose | Amount |
|---|---|---|
| AVENUES FOR JUSTICE NEW YORK, NY | ACHIEVE CHARITABLE PURPOSE | $10,000 |
| BAIL PROJECT PASADENA, CA | ACHIEVE CHARITABLE PURPOSE | $20,000 |
| BREAKING GROUND NEW YORK, NY | ACHIEVE CHARITABLE PURPOSE | $125,000 |
| CENTER ON BUDGET AND POLICY PRIORITIES WASHINGTON, DC | ACHIEVE CHARITABLE PURPOSE | $200,000 |
| GREATER NY NEW YORK, NY | ACHIEVE CHARITABLE PURPOSE | $25,000 |
| GUGGENHEIM NEW YORK, NY | ACHIEVE CHARITABLE PURPOSE | $75,000 |
| VERA INSTITUTE OF JUSTICE BROOKLYN, NY | ACHIEVE CHARITABLE PURPOSE | $50,000 |
| SASHA BRUCE YOUTHWORK WASHINGTON, DC | ACHIEVE CHARITABLE PURPOSE | $25,000 |
| PLAYWRIGHTS HORIZON NEW YORK, NY | ACHIEVE CHARITABLE PURPOSE | $10,000 |
| IAAM CHARLESTON, SC | ACHIEVE CHARITABLE PURPOSE | $10,000 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| MICHAEL L RYAN | TRUSTEE | 2 | — |
| ELIZABETH JAIME ALTER | TRUSTEE | 2 | — |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is Lm Foundation?
Lm Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in NEW YORK, NY. It holds $17.0M in total assets as of 2024.
How large is Lm Foundation?
As of 2024, Lm Foundation holds $17.0M in total assets with $1.3M in annual revenue. It awarded 13 grants totaling $670K in 2024.
Where does Lm Foundation operate?
Lm Foundation has awarded grants in California, District of Columbia, Louisiana, New York, South Carolina.
What size grants does Lm Foundation award?
In 2024, Lm Foundation awarded 13 grants totaling $670K — an average of about $52K per grant, based on its IRS Form 990 filings.
How much is Lm Foundation required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, Lm Foundation reported a distributable amount of $968K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is Lm Foundation's EIN?
Lm Foundation's EIN (Employer Identification Number) is 35-7159067. IRS Form 990 filing data is available on this page for 2020–2024.
Explore Open Grants
Browse active grant opportunities in Lm 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.
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