Lmc Foundation is a private foundation focused on Human Services, based in GROESBECK, TX. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $1.7M in total assets. In 2024, it awarded 2 grants totaling $103K. Net investment income was $131K.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$1.7M
+2.8% YoY
Annual Giving
$103K
+25.9% YoY
Grant Count
2
+0.0% YoY
Avg Grant Size
$51K
+25.9% YoY
About Lmc Foundation
Based on IRS filings
Lmc Foundation is a private foundation focused on Human Services, based in GROESBECK, TX. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $1.7M in total assets. In 2024, it awarded 2 grants totaling $103K. Net investment income was $131K.
Focus Areas
Ready to take the next step with Lmc Foundation?
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 | $1,721,906 | $1,675,051 | $1,648,631 |
| Revenue | $167,658 | $115,874 | $127,742 |
| Expenses | $120,803 | $89,454 | $100,123 |
| Qualifying Distributions | $102,666 | $81,561 | $96,000 |
| Net Investment Income | $130,795 | $101,564 | $114,624 |
| Distributable Amount | $98,219 | $87,766 | $92,706 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 2 recipients in 2024
Grant Size Distribution
10 grants across all recorded years
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
| Name | Title | Hours | Compensation |
|---|---|---|---|
| SHARON FREDRIKSSON | PRESIDENT | 2 | — |
| MARY RAND | VICE PRESIDENT | 1 | — |
| KARON GOLDEN | SECRETARY | 1 | — |
| DONALD ALTLAND | TREASURER | 2 | — |
| SUSIE ALTLAND | DIRECTOR | 1 | — |
| LEA HARDISON | DIRECTOR | 1 | — |
| CLIFTON FOX | DIRECTOR | 1 | — |
| MELISSA ARNEY | DIRECTOR | 1 | — |
| NATHANIEL BEDFORD | DIRECTOR | 1 | — |
Subject Areas
Focus areas based on grantmaking activity
Related Funders
Similar funders by location and focus area
William Z Hayes Foundation
DALLAS, TX
Assets
$629K
Grants
4
Total Given
$28K
Tr Uw Jane James Cook Item 19
DALLAS, TX
Assets
$861K
Grants
11
Total Given
$41K
Forsyth Fbo Leonard Wood Memorial
DALLAS, TX
Assets
$320K
Grants
1
Total Given
$18K
Teas Foundation
AMARILLO, TX
Assets
$3.0M
Grants
3
Total Given
$138K
Harold D Miller Endowment Fund
DALLAS, TX
Assets
$890K
Grants
1
Total Given
$44K
Amarillo Business Foundation
AMARILLO, TX
Assets
$4.2M
Grants
13
Total Given
$222K
Data last updated April 2026. Sourced from IRS Form 990-PF filings.
What could you do with Lmc Foundation on Grantable?
- Assess strategic fit with your organization
- Draft a tailored letter of inquiry
- Find open RFPs from this funder
- Monitor for new funding opportunities