LSP Foundation Inc

Grantmaker Palm Beach Gardens, FL EIN: 20-3948205

LSP Foundation Inc is a nonprofit organization, based in Palm Beach Gardens, FL. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $292K in total assets. In 2024, it awarded 3 grants totaling $25K. Net investment income was $6K.

Key facts about LSP Foundation Inc

In short: LSP Foundation Inc gave $25K across 3 grants in 2024 (avg $8K), mostly in Indiana. Source: 2024 IRS Form 990 filing.

EIN
20-3948205
Latest 990 filing
Form 990 filing, 2024
Annual giving (2024)
$25,000
Grants made (2024)
3
Average grant
$8,333
Median grant
$2,200
Total assets
$291,604
Primary geography
Indiana (91% of itemized 2024 grant dollars)

Data from IRS Form 990 filing, 2024; updated September 2026.

Financial Overview

From 2024 IRS Form 990 filing · View filing

Total Assets

$292K

-2.9% YoY

Annual Giving

$25K

-59.8% YoY

Grant Count

3

+0.0% YoY

Avg Grant Size

$8K

-59.8% YoY

How LSP Foundation Inc gives

  • Giving grew 67% from 2021 to 2024. Method

From the foundation's IRS Form 990 filings. Methodology.

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

2states

Share of 2024 grant dollars across all 3 itemized grants.

Cities

Bharuch IndiaPbgLake WorthNadiad India

Giving Over Time

Total grant dollars and number of grants per year

$0$20K$40K$60K$80K1 grant2020 1 grant2021 2 grants2022 3 grants2023 3 grants2024

From 2020 to 2024, annual grant giving ranged from $15K (2021) to $62K (2023). In 2024 it made 3 grants totaling $25K.

Grant Insights

How this funder distributes its grants

Top Recipients

Top 3 recipients in 2024

Gram Vikas Trust- Branch: $21KGram Vikas Trust- Branch$21KOscar Rodas: $2KOscar Rodas$2KJS Ayurved Mahavidyalay: $2KJS Ayurved Mahavidyalay$2K

The largest 2024 recipient was Gram Vikas Trust- Branch ($21K). Together the top 3 received $25K.

Grant Size Distribution

10 grants across all recorded years

10<$50K$50–100K$100–250K$250–500K$500K–1M$1–5M$5M+

The most common grant size was under $50K: 10 grants of 10 (100%).

Giving History

Grant recipients and amounts by year

RecipientPurposeAmount
Gram Vikas Trust- Branch Bharuch India, INScholarship Fund$21,000
Oscar Rodas PBG, FLScholsarship$2,200
JS Ayurved Mahavidyalay Nadiad India, INScholsarship$1,800

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Net Investment Income
$0$20K$40K$60K$80K2020 2021 2022 2023 2024
Metric202420232022
Total Assets$291,604$300,248$310,866
Revenue$10,000$45,000$50,000
Expenses$25,000$62,273$43,251
Net Investment Income$6,421$6,655$5,242

Data update history

When this profile's IRS filing data changed on Grantable

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

Leadership & Key People

Officers and directors from IRS filings

LSP Foundation Inc's only listed officer is Suman R. Patel, Officer on every filing since 2020 (uncompensated).

Officers on the 2024 filing

  • Suman R. Patel

    Officer

    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.

Frequently asked questions about LSP Foundation Inc

How much does LSP Foundation Inc give each year?

LSP Foundation Inc gave $25K across 3 grants in 2024, according to its 2024 IRS Form 990 filing. In 2023 it gave $62K across 3 grants.

What is LSP Foundation Inc's typical grant size?

LSP Foundation Inc's median grant in 2024 was $2,200, and its average grant was $8,333, across 3 grants on its 2024 IRS Form 990 filing.

Where does LSP Foundation Inc give grants?

LSP Foundation Inc gives mostly in Indiana: 91% of the grant dollars itemized on its 2024 IRS Form 990 filing went to recipients there. The next largest state was Florida (9%).

Does LSP Foundation Inc give general operating support?

Not in 2024: none of the 3 grants with a stated purpose on LSP Foundation Inc's 2024 IRS Form 990 filing were described as general or operating support.

How large is LSP Foundation Inc?

LSP Foundation Inc reported $292K in total assets on its 2024 IRS Form 990 filing. Its revenue that year was $10K.

What is LSP Foundation Inc's EIN?

LSP Foundation Inc's EIN (Employer Identification Number) is 20-3948205. IRS Form 990 filing data is available on this page for 2020–2024.

Data last updated September 2026. Sourced from IRS Form 990 filings.

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