Lmac Foundation Inc
Lmac Foundation Inc is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in Delaplane, VA. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $719K in total assets. In 2024, it awarded 18 grants totaling $46K. Net investment income was $26K.
Key facts about Lmac Foundation Inc
- EIN
- 54-1965097
- Latest 990 filing
- Form 990-PF, 2024
- Annual giving (2024)
- $45,550
- Grants made (2024)
- 18
- Average grant
- $2,531
- Median grant
- $1,250
- New grantees (estimate)
- 33% first-time grantees (6 of 18, 2024)
- Total assets
- $718,630
- Primary geography
- District of Columbia (38% of itemized 2024 grant dollars)
Data from IRS Form 990-PF, 2024; updated September 2026. New grantees are estimated by matching recipient names across years (methodology).
Who Lmac Foundation Inc funds
By grant dollars, the top recipient states for Lmac Foundation Inc's 18 itemized 2024 grants were District of Columbia (38%), Virginia (25%) and Maryland (13%). The most frequent recipient cities were Washington, DC (8 grants) and Warrenton, VA (4 grants). None of its 18 grants with a stated purpose were described as general or operating support. Recurring purposes include "Charity" (18 grants).
Is Lmac Foundation Inc open to new grantees?
33%
first-time grantees, 2024
In 2024, 6 of 18 grantees (33%) were first-time recipients. First grants averaged $1K; repeat grants $3K. How we count
Medians: $1K first-time, $3K repeat.
- 67% of 2024 grantees were also funded in 2023. Method
- Giving held roughly steady from 2021 to 2024 (+20%). Method
- In 2024 it paid out 144% of its IRS minimum distribution (the 5% rule). Method
Estimate from itemized IRS Form 990-PF grant lists (2020–2024). Recipient names are matched across years, so a renamed or misspelled grantee can look new; grants to individuals are left out. Methodology.
Next steps with Lmac Foundation Inc
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Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$719K
+14.5% YoY
Annual Giving
$46K
+49.3% YoY
Grant Count
18
-5.3% YoY
Avg Grant Size
$3K
+57.6% YoY
Under IRS private-foundation payout rules, Lmac Foundation Inc reported a distributable amount of $32K for 2024 — the minimum it must pay out in qualifying distributions.
About Lmac Foundation Inc
Based on IRS filings
Lmac Foundation Inc is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in Delaplane, VA. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $719K in total assets. In 2024, it awarded 18 grants totaling $46K. Net investment income was $26K.
Focus Areas
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
Share of all 18 itemized 2024 grant dollars.
States
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $718,630 | $627,405 | $547,331 |
| Revenue | $31,509 | $117,732 | $24,972 |
| Expenses | $51,386 | $37,658 | $38,727 |
| Qualifying Distributions | $45,550 | $30,500 | $31,500 |
| Net Investment Income | $25,673 | $110,559 | $18,278 |
| Distributable Amount | $31,656 | $30,476 | $34,517 |
Data update history
When this profile's IRS filing data changed on Grantable
- IRS filings on file for fiscal years 2020–2024
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
108 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest recipients include Piedmont Environmental Council ($8,000), Brennan Center ($6,000), Potomac Conservancy ($6,000).
| Recipient | Purpose | Amount |
|---|---|---|
| PIEDMONT ENVIRONMENTAL COUNCIL Warrenton, VA | CHARITY | $8,000 |
| BRENNAN CENTER Washington, DC | CHARITY | $6,000 |
| POTOMAC CONSERVANCY Silver Spring, MD | CHARITY | $6,000 |
| APPALACHIAN TRAIL CONSERV Harpers Ferry, WV | CHARITY | $5,000 |
| DC SCORES Washington, DC | CHARITY | $3,500 |
| PLANNED PARENTHOOD New York, NY | CHARITY | $3,500 |
| CAMPAIGN LEGAL CENTER Washington, DC | CHARITY | $3,000 |
| VERIFIED VOTING FOUNDATION Philadelphia, PA | CHARITY | $2,550 |
| LWVED Washington, DC | CHARITY | $1,500 |
| FAUQUIER FOOD BANK Warrenton, VA | CHARITY | $1,000 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
No officer or director reported compensation in the available filings.
From 2024 IRS filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| Lisa Koteen Gerchick | President | — | — |
| Mark L Gerchick | Treasurer | — | — |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is Lmac Foundation Inc?
Lmac Foundation Inc is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in Delaplane, VA. It holds $719K in total assets as of 2024.
How large is Lmac Foundation Inc?
As of 2024, Lmac Foundation Inc holds $719K in total assets with $32K in annual revenue. It awarded 18 grants totaling $46K in 2024.
Where does Lmac Foundation Inc operate?
Lmac Foundation Inc has awarded grants in District of Columbia, Georgia, Massachusetts, Maryland, Minnesota, New York, Pennsylvania, Virginia, West Virginia.
What size grants does Lmac Foundation Inc award?
In 2024, Lmac Foundation Inc awarded 18 grants totaling $46K — an average of about $3K per grant, based on its IRS Form 990 filings.
How much is Lmac Foundation Inc required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, Lmac Foundation Inc reported a distributable amount of $32K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is Lmac Foundation Inc's EIN?
Lmac Foundation Inc's EIN (Employer Identification Number) is 54-1965097. IRS Form 990 filing data is available on this page for 2020–2024.
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Data last updated September 2026. Sourced from IRS Form 990-PF filings.