Ls Foundation

Foundation · Grantmaker PALO ALTO, CA EIN: 94-1689629

Ls Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in PALO ALTO, CA. IRS filing data is available for 2020. As of 2020, the organization holds $6.4M in total assets. In 2020, it awarded 1 grants totaling $665K. Net investment income was $240K.

Financial Overview

From 2020 IRS Form 990-PF · View filing

Total Assets

$6.4M

Annual Giving

$665K

Grant Count

1

Avg Grant Size

$665K

Under IRS private-foundation payout rules, Ls Foundation reported a distributable amount of $670K for 2020 — the minimum it must pay out in qualifying distributions.

About Ls Foundation

Based on IRS filings

Ls Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in PALO ALTO, CA. IRS filing data is available for 2020. As of 2020, the organization holds $6.4M in total assets. In 2020, it awarded 1 grants totaling $665K. Net investment income was $240K.

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

1states

States

Cities

Various

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$220K$440K$660K$880K2020
Metric2020
Total Assets$6,422,375
Revenue$240,000
Expenses$800,000
Qualifying Distributions
Net Investment Income$240,000
Distributable Amount$670,206

Giving Over Time

Total grant dollars and number of grants per year

$0$166K$333K$499K$665K1 grants2020

Grant Insights

How this funder distributes its grants

Top Recipients

Top 1 recipients in 2020

VARIOUS EDUCATIONAL INST…$665K

Grant Size Distribution

1 grants across all recorded years

<$50K$50–100K$100–250K$250–500K1$500K–1M$1–5M$5M+

Giving History

Grant recipients and amounts by year

Among its reported 2020 grants, the largest include Various Educational Institutions ($665,000).

RecipientPurposeAmount
VARIOUS EDUCATIONAL INSTITUTIONS VARIOUS, CAEDUCATION$665,000

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2020 IRS filing

From 2020 filing

NameTitleHoursCompensation
LAURENCE L SPITTERSPRESIDENT15

Subject Areas

Focus areas based on grantmaking activity

Frequently Asked Questions

What is Ls Foundation?

Ls Foundation is a nonprofit organization focused on Philanthropy, Voluntarism & Grantmaking, based in PALO ALTO, CA. It holds $6.4M in total assets as of 2020.

How large is Ls Foundation?

As of 2020, Ls Foundation holds $6.4M in total assets with $240K in annual revenue. It awarded 1 grants totaling $665K in 2020.

Where does Ls Foundation operate?

Ls Foundation has awarded grants in California.

What size grants does Ls Foundation award?

In 2020, Ls Foundation awarded 1 grants totaling $665K — an average of about $665K per grant, based on its IRS Form 990 filings.

How much is Ls Foundation required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2020, Ls Foundation reported a distributable amount of $670K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.

What is Ls Foundation's EIN?

Ls Foundation's EIN (Employer Identification Number) is 94-1689629. IRS Form 990 filing data is available on this page for 2020.

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Data last updated April 2026. Sourced from IRS Form 990-PF filings.

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