Low Income Family Enrichment Corporation

Private foundation · Grantmaker Aspen, CO EIN: 26-0127611

Low Income Family Enrichment Corporation is a private foundation focused on public and societal benefit, based in Aspen, CO. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $19.7M in total assets. In 2024, it awarded 4 grants totaling $20K. Net investment income was $121K.

Low Income Family Enrichment Corporation at a glance

In short: Low Income Family Enrichment Corporation gave $20K across 4 grants in 2024 (avg $5K), mostly in California. Source: 2024 IRS Form 990-PF.

Annual giving (2024)
$20,010
-50.1% vs 2023
Grants made (2024)
4
-42.9% vs 2023
Average grant
$5,003
-12.7% vs 2023
Median grant
$5,000
Total assets
$19,734,252
-3.5% 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 Low Income Family Enrichment Corporation funds

How this funder distributes its grants

Top Recipients

Top 4 recipients in 2024

Hospice Giving Foundation: $5KHospice Giving Foundation$5KRancho Cielo: $5KRancho Cielo$5KSalinas Police Activities League: $5KSalinas Police ActivitiesLeague$5KSalinas Veterans Day Parade: $5KSalinas Veterans Day Parade$5K

The largest 2024 recipient was Hospice Giving Foundation ($5K). Together the top 4 received $20K.

Grant Size Distribution

23 grants across all recorded years

23<$50K$50–100K$100–250K$250–500K$500K–1M$1–5M$5M+

The most common grant size was under $50K: 23 grants of 23 (100%).

Geographic Focus

Where this funder awards grants

Grant Distribution by State

2states

Share of 2024 grant dollars across all 4 itemized grants.

Cities

SalinasMontereySeasideCarbondale

How Low Income Family Enrichment Corporation gives

  • Giving held roughly steady from 2021 to 2024 (−20%). 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

$0$20K$40K$60K2 grants2020 5 grants2021 5 grants2022 7 grants2023 4 grants2024

From 2020 to 2024, annual grant giving ranged from $20K (2024) to $48K (2020). In 2024 it made 4 grants totaling $20K.

Grants by year

Grant recipients and amounts by year

RecipientPurposeAmount
Hospice Giving Foundation Monterey, CAGeneral Support$5,010
Rancho Cielo Salinas, CAGeneral Support$5,000
Salinas Police Activities League Salinas, CAGeneral Support$5,000
Salinas Veterans Day Parade Salinas, CAGeneral Support$5,000
Your AI grants department

Ready to take the next step with Low Income Family Enrichment Corporation?

Fully replaces Grant database subscriptions Instrumentl · Foundation Directory · GrantStation & similar

Financial History

Multi-year comparison from IRS filings

Figures from IRS filings, by filing year
Filing yearTotal AssetsRevenueExpensesGrants paidGrantsQualifying DistributionsNet Investment Income
2024$19,734,252$3,330,915$2,392,273$20,0104$1,830,956$120,931
2023$20,447,438$3,152,873$2,577,110$40,1027$2,133,961$14,562
2022$21,340,694$3,216,830$2,406,708$21,7585$2,074,423$13,753
2021$22,265,612$3,165,701$2,663,911$25,0005$1,982,230$542
2020$22,891,305$3,242,882$2,505,527$47,5002—$52,189

Leadership & Key People

Officers and directors from IRS filings

Low Income Family Enrichment Corporation is led by Barnett Davis II, Executive Director on every filing since 2020; 1 of 4 officers listed in 2024 is compensated.

Officers on the 2024 filing

  • Barnett Davis II

    Executive Director

    On filings since 2020

    40 hrs/week

    $151K (2020) → $137K (2024)

  • Adam Fineman

    Board Member

    On filings since 2020

    5 hrs/week

    No compensation reported

  • Frank Gallagher III

    CFO & Secretary

    On filings since 2020

    5 hrs/week

    No compensation reported

  • Ron Gallagher

    Board Member

    On filings since 2020

    5 hrs/week

    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

Barnett Davis II — Executive Director: $137KBarnett Davis IIExecutive Director$137K

The highest reported compensation on the 2024 filing was $137K, to Barnett Davis II (Executive Director).

Frequently asked questions about Low Income Family Enrichment Corporation

How much does Low Income Family Enrichment Corporation give each year?

Low Income Family Enrichment Corporation gave $20K across 4 grants in 2024, according to its 2024 IRS Form 990-PF. In 2023 it gave $40K across 7 grants.

What is Low Income Family Enrichment Corporation's typical grant size?

Low Income Family Enrichment Corporation's median grant in 2024 was $5,000, and its average grant was $5,003, across 4 grants on its 2024 IRS Form 990-PF.

Where does Low Income Family Enrichment Corporation give grants?

Low Income Family Enrichment Corporation gives mostly in California: 100% of the grant dollars itemized on its 2024 IRS Form 990-PF went to recipients there. The most frequent recipient cities were Salinas, CA (3 grants).

Does Low Income Family Enrichment Corporation give general operating support?

Yes: 100% of Low Income Family Enrichment Corporation's 2024 grants with a stated purpose (4 of 4) were for general or operating support, per its 2024 IRS Form 990-PF.

How large is Low Income Family Enrichment Corporation?

Low Income Family Enrichment Corporation reported $19.7M in total assets on its 2024 IRS Form 990-PF. Its revenue that year was $3.3M.

What is Low Income Family Enrichment Corporation?

Low Income Family Enrichment Corporation is a private foundation focused on public and societal benefit, based in Aspen, CO. It holds $19.7M in total assets as of 2024.

What is Low Income Family Enrichment Corporation's EIN?

Low Income Family Enrichment Corporation's EIN (Employer Identification Number) is 26-0127611. 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

  1. IRS filings on file for fiscal years 2020–2024

Explore Open Grants

Browse active grant opportunities in Low Income Family Enrichment Corporation's focus areas in our free grants database

Similar Funders

Funders that support many of the same organizations

Monterey Peninsula Foundation

Monterey, CA

The Monterey Peninsula Foundation funds eligible nonprofits and schools in arts and culture, community and environment, education, health and human services, and youth, serving residents of Monterey, Santa Cruz, and San Benito counties. Its 2025 grants ranged from $5,300 to $703,000, with a median of $50,000. It accepts applications through an online portal; applicants must schedule a pre-application meeting.

Philanthropy, Voluntarism & Grantmaking

Assets

$50.7M

Grants

201

Total Given

$17.4M

Community Hospital of the Monterey Peninsula

Monterey, CA

Community Hospital of the Monterey funds healthcare and community health programs, including clinic support, disaster relief, and services related to housing, youth development, food access, and cancer support, primarily in the Monterey Peninsula and surrounding communities. Its 2024 grants ranged from $6,150 to $43,979,461, with a median of $15,000. No information is provided on whether it accepts unsolicited requests.

Health

Assets

$710.7M

Grants

44

Total Given

$51.6M

Dunspaugh Dalton Foundation Inc

Coral Gables, FL

The Dunspaugh-Dalton Foundation funds arts and culture, education, health and human services, community services, and youth programs, primarily in Miami-Dade County, Florida, and Monterey County, California. Its 2024 grants ranged from $1,645 to $300,000, with a median of $10,000. It does not accept unsolicited requests.

Assets

$32.9M

Grants

33

Total Given

$1.5M

Silicon Valley Community Foundation

Mountain View, CA

Silicon Valley Community Foundation funds work in areas such as housing, economic security, education, health, the environment, arts and culture, and civic engagement, with Community Action Grants supporting local, community-led organizations in San Mateo and Santa Clara counties. Its 2024 grants had a median of $51,716, though amounts varied widely; applications depend on the program, and SVCF states that it does not accept unsolicited proposals for advised funds.

Philanthropy, Voluntarism & Grantmaking

Assets

$12.3B

Grants

3,576

Total Given

$3.2B

The Talbott Family Foundation

New York, NY

The Talbott Family Foundation supports organizations working in food assistance, animal welfare, health, vision services, veterans’ services, and humanitarian relief, and operates a motorcycle museum. Its 2024 grants ranged from $1,000 to $10,000, typically $5,000, with most funding going to California organizations; it gives only to preselected charities and does not accept unsolicited requests.

Assets

$4.4M

Grants

59

Total Given

$365K

Tanimura Family Foundation

Salinas, CA

The Tanimura Family Foundation funds organizations working in wildlife conservation, education, arts and culture, health, and youth services, primarily in California. In 2025, grants ranged from $2,500 to $50,000, with a median of $15,000. It funds only preselected charitable organizations and does not accept unsolicited requests.

Assets

$21.6M

Grants

19

Total Given

$399K

More similar funders

More Funders in Colorado

The filing figures on this page are open data under CC BY 4.0. About GrantGraph Open

Figures come from Low Income Family Enrichment Corporation's IRS filings (methodology). AI-written summaries, news items and logos are not covered by the open licence. Spot an error? Email hello@grantable.co.

Low Income Family Enrichment Corporation down — hundreds of funders to go?

Want AI to do this for you?