Los Angeles Medical Center Foundation
Los Angeles Medical Center Foundation is a private foundation focused on Health, based in Los Angeles, CA. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $11.0M in total assets. In 2024, it awarded 1 grant totaling $250K.
Los Angeles Medical Center Foundation at a glance
In short: Los Angeles Medical Center Foundation gave $250K across 1 grant in 2024 (avg $250K), mostly in California. Source: 2024 IRS Form 990-PF.
- Annual giving (2024)
- $250,000
- -45.5% vs 2023
- Grants made (2024)
- 1
- +0.0% vs 2023
- Average grant
- $250,000
- -45.5% vs 2023
- Median grant
- $250,000
- Total assets
- $11,015,737
- +6.6% vs 2023
- Primary geography
- California (100% of itemized 2024 grant dollars)
- Latest 990 filing
- Form 990-PF, 2024 View filing
Data from IRS Form 990-PF, 2024; updated September 2026.
Who Los Angeles Medical Center Foundation funds
How this funder distributes its grants
Top Recipients
Top recipient in 2024
The largest 2024 recipient was New Economics for Women ($250K).
Grant Size Distribution
10 grants across all recorded years
The most common grant size was under $50K: 4 grants of 10 (40%).
Geographic Focus
Where this funder awards grants
Grant Distribution by State
Share of the 2024 grant dollars on its one itemized grant.
States
Cities
How Los Angeles Medical Center Foundation gives
- Giving held roughly steady from 2021 to 2024 (−9%). Method
- In 2024 it paid out 84% of its IRS minimum distribution (the 5% rule). Foundations have until the end of the next year to meet it. Method
From the foundation's IRS Form 990-PF filings. Methodology.
Giving History
Giving Over Time
Total grant dollars and number of grants per year
From 2020 to 2024, annual grant giving ranged from $196K (2020) to $500K (2022). In 2024 it made 1 grant totaling $250K.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| New Economics for Women Los Angeles, CA | Improve housing, economical, social, health and wellness of residents of the city of los angeles | $250,000 |
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Financial History
Multi-year comparison from IRS filings
| Filing year | Total Assets | Revenue | Expenses | Grants paid | Grants | Qualifying Distributions | Distributable Amount |
|---|---|---|---|---|---|---|---|
| 2024 | $11,015,737 | $1,319,000 | $634,024 | $250,000 | 1 | $442,014 | $526,618 |
| 2023 | $10,330,924 | $6,304,497 | $817,045 | $458,333 | 1 | $637,692 | $375,322 |
| 2022 | $4,843,308 | $4,535,238 | $862,089 | $500,000 | 1 | $681,047 | $124,361 |
| 2021 | $1,170,159 | $640,243 | $649,082 | $274,167 | 3 | $461,627 | $59,831 |
| 2020 | $1,178,998 | $1,339,500 | $696,975 | $196,000 | 4 | — | $58,920 |
Under IRS private-foundation payout rules, Los Angeles Medical Center Foundation reported a distributable amount of $527K for 2024 — the minimum it must pay out in qualifying distributions.
Leadership & Key People
Officers and directors from IRS filings
Los Angeles Medical Center Foundation is led by Walter Jayasinghe MD, President on every filing since 2020; 1 of 4 officers listed in 2024 is compensated.
Officers on the 2024 filing
Walter Jayasinghe MD
President
On filings since 2020
10 hrs/week
$50K (2020) → $48K (2024)
Aeshea Jayasinghe
Director
On filings since 2020
10 hrs/week
No compensation reported
Gamini Hethumuni
Director
On filings since 2020
No compensation reported
Shirani Stanislaus
Secretary
On filings since 2020
No compensation reported
Data from IRS Form 990 filings, 2020–2024. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.
Compensation Overview
From 2024 IRS filing
The highest reported compensation on the 2024 filing was $48K, to Walter Jayasinghe MD (President).
Frequently asked questions about Los Angeles Medical Center Foundation
How much does Los Angeles Medical Center Foundation give each year?
Los Angeles Medical Center Foundation gave $250K across 1 grant in 2024, according to its 2024 IRS Form 990-PF. In 2023 it gave $458K across 1 grant.
How large is Los Angeles Medical Center Foundation?
Los Angeles Medical Center Foundation reported $11.0M in total assets on its 2024 IRS Form 990-PF. It paid out $442K in qualifying distributions that year, against a required minimum of $527K (roughly 5% of its investment assets). Falling short in one year is not a violation: foundations have until the end of the next year to meet the minimum.
What is Los Angeles Medical Center Foundation?
Los Angeles Medical Center Foundation is a private foundation focused on Health, based in Los Angeles, CA. It holds $11.0M in total assets as of 2024.
Where does Los Angeles Medical Center Foundation operate?
Los Angeles Medical Center Foundation has awarded grants in California.
What is Los Angeles Medical Center Foundation's EIN?
Los Angeles Medical Center Foundation's EIN (Employer Identification Number) is 06-1701801. IRS Form 990 filing data is available on this page for 2020–2024.
Data last updated September 2026. Sourced from IRS Form 990-PF filings.
Data update history
(1)
When this profile's IRS filing data changed on Grantable
- IRS filings on file for fiscal years 2020–2024
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