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.
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
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 |
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 include Piedmont Environmental Council ($8,000), Brennan Center ($6,000), Potomac Conservancy ($6,000).
| Recipient | Purpose | Amount |
|---|---|---|
| APPALACHIAN TRAIL CONSERV HARPERS FERRY, WV | CHARITY | $5,000 |
| DC SCORES WASHINGTON, DC | CHARITY | $3,500 |
| BRENNAN CENTER WASHINGTON, DC | CHARITY | $6,000 |
| CAMPAIGN LEGAL CENTER WASHINGTON, DC | CHARITY | $3,000 |
| FAUQUIER FOOD BANK WARRENTON, VA | CHARITY | $1,000 |
| LWVED WASHINGTON, DC | CHARITY | $1,500 |
| OAR ARLINGTON, VA | CHARITY | $500 |
| PIEDMONT ENVIRONMENTAL COUNCIL WARRENTON, VA | CHARITY | $8,000 |
| POTOMAC CONSERVANCY SILVER SPRING, MD | CHARITY | $6,000 |
| US HOLOCAUST MEMORIAL MUSEUM WASHINGTON, DC | CHARITY | $1,000 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 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.
Explore Open Grants
Browse active grant opportunities in Lmac Foundation Inc'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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