Lp Brown Foundation
The LP Brown Foundation is a private foundation based in Boulder, Colorado, established in 1956. Operating as a 501(c)(3) tax-exempt organization, the foundation makes charitable grants to support various causes across the United States.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$24.7M
+8.2% YoY
Annual Giving
$1.4M
+35.1% YoY
Grant Count
1
+0.0% YoY
Avg Grant Size
$1.4M
+35.1% YoY
Under IRS private-foundation payout rules, Lp Brown Foundation reported a distributable amount of $1.5M for 2024 — the minimum it must pay out in qualifying distributions.
Mission & Focus Areas
The foundation's primary focus areas include:
- Environment
- Health care
- Human services
The foundation makes charitable grants only, with sales of assets serving as the primary means by which it accomplishes its purpose.
Grantmaking
The foundation operates as a grant-making organization with no employees. According to recent filings, the foundation made one grant in the most recent reporting year. The foundation does not accept unsolicited proposals through a formal application process based on available information.
How to Apply
based on available information.
Ready to take the next step with Lp Brown Foundation?
Geographic Focus
Where this funder awards grants
The LP Brown Foundation supports a wide range of cities and communities across the United States, including major urban centers such as New York, Los Angeles, and Washington, DC, as well as smaller communities. The foundation operates in multiple states including Alaska, California, Colorado, and New York, among others.
Grant Distribution by State
States
Cities
Financial History
Multi-year comparison from IRS filings
As of December 2024:
- Total Assets: $24,724,543
- Total Revenues: $3,454,433
- Total Expenses: $1,572,576
- Investment Income and Dividends: $410,823
- Net Gain from Sale of Non-Inventory Assets: $2,168,556
As of December 2023:
- Total Assets: $22,800,000
- Total Revenues: $638,067
- Total Expenses: $1,260,000
The foundation has zero liabilities and zero employees. Investment income and asset sales represent the primary revenue sources for the organization.
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $24,724,543 | $22,842,686 | $23,466,457 |
| Revenue | $3,454,433 | $638,067 | $2,150,940 |
| Expenses | $1,572,576 | $1,261,838 | $1,293,007 |
| Qualifying Distributions | $1,410,000 | $1,044,000 | $1,070,000 |
| Net Investment Income | $3,309,565 | $440,494 | $2,016,386 |
| Distributable Amount | $1,539,584 | $1,412,236 | $1,105,625 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 1 recipients in 2024
Grant Size Distribution
50 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include See List ($1,410,000).
| Recipient | Purpose | Amount |
|---|---|---|
| SEE LIST BOULDER, CO | CHARITABLE ACTIVITIES | $1,410,000 |
Leadership & Key People
Leadership team and compensation from IRS filings
The foundation is led by a board of directors with Axson B. Morgan serving as President.
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| AXSON B MORGAN | President | 20 | — |
| G BRYAN MORGAN | Vice President | 20 | — |
| OCTAVIA E MORGAN | Secretary | 1 | — |
| DARCIA M SAIGET | Director | 1 | — |
| WILLIAM P MORGAN | Director | 1 | — |
| KATHRYN M BAUER | Director | 1 | — |
Frequently Asked Questions
What does Lp Brown Foundation fund?
The foundation's primary focus areas include: • Environment • Health care • Human services The foundation makes charitable grants only, with sales of assets serving as the primary means by which it accomplishes its purpose.
How do I apply for a grant from Lp Brown Foundation?
The foundation operates as a grant-making organization with no employees. According to recent filings, the foundation made one grant in the most recent reporting year. The foundation does not accept unsolicited proposals through a formal application process based on available information.
Where does Lp Brown Foundation make grants?
The LP Brown Foundation supports a wide range of cities and communities across the United States, including major urban centers such as New York, Los Angeles, and Washington, DC, as well as smaller communities. The foundation operates in multiple states including Alaska, California, Colorado, and New York, among others.
What size grants does Lp Brown Foundation award?
In 2024, Lp Brown Foundation awarded 1 grants totaling $1.4M — an average of about $1.4M per grant, based on its IRS Form 990 filings.
How much is Lp Brown Foundation required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, Lp Brown Foundation reported a distributable amount of $1.5M on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is Lp Brown Foundation's EIN?
Lp Brown Foundation's EIN (Employer Identification Number) is 62-6036338. IRS Form 990 filing data is available on this page for 2020–2024.
Explore Open Grants
Browse active grant opportunities in Lp Brown Foundation's focus areas in our free grants database
Related Funders
Similar funders by location and focus area
Larimer County Farm Bureau
WELLINGTON, CO
Assets
$986K
Grants
1
Total Given
$16K
Knight Family Foundation
BASALT, CO
Assets
$9.6M
Grants
22
Total Given
$420K
Jumping Mouse Foundation
BOULDER, CO
Assets
$10.0M
Grants
19
Total Given
$700K
Delta Dental of Colorado
CENTENNIAL, CO
Assets
$106.6M
Grants
42
Total Given
$2.8M
German American Chamber of Commerce -
DENVER, CO
Assets
$2.8M
Grants
2
Total Given
$63K
Terra Foundation Inc
NIWOT, CO
Assets
$2.2M
Grants
3
Total Given
$82K
Data last updated June 2026. Sourced from IRS Form 990-PF filings. Research dossier generated April 2026.
What could you do with Lp Brown 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
Go from researching Lp Brown Foundation to a real strategy.