Lm Foundation

NEW YORK, NY EIN: 35-7159067

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

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.

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

5states

Cities

BronxBrooklynCharlestonNew OrleansNew PatlzNew YorkPasadenaWashington

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$1M$2M$3M$4M20202021202220232024
Metric202420232022
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

$0$314K$628K$942K$1M4 grants20208 grants202116 grants202218 grants202313 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 10 recipients in 2024

CENTER ON BUDGET AND POL…$200KBREAKING GROUND$125KOSBORNE ASSOCIATION$100KGUGGENHEIM$75KVERA INSTITUTE OF JUSTICE$50KGREATER NY$25KSASHA BRUCE YOUTHWORK$25KBAIL PROJECT$20KAVENUES FOR JUSTICE$10KPLAYWRIGHTS HORIZON$10K

Grant Size Distribution

59 grants across all recorded years

27<$50K12$50–100K20$100–250K$250–500K$500K–1M$1–5M$5M+

Giving History

Grant recipients and amounts by year

No grants recorded for .

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

From 2024 filing

NameTitleHoursCompensation
MICHAEL L RYANTRUSTEE2
ELIZABETH JAIME ALTERTRUSTEE2

Subject Areas

Focus areas based on grantmaking activity

Related Funders

Similar funders by location and focus area

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

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