The Lpm Charitable Foundation
The Lpm Charitable Foundation is a private foundation, based in BOLTON, MA. IRS filing data is available from 2021 through 2024. As of 2024, the organization holds $356K in total assets. In 2024, it awarded 31 grants totaling $59K. Net investment income was $17K.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$356K
+20.7% YoY
Annual Giving
$59K
+80.9% YoY
Grant Count
31
+47.6% YoY
Avg Grant Size
$2K
+22.5% YoY
Under IRS private-foundation payout rules, The Lpm Charitable Foundation reported a distributable amount of $14K for 2024 — the minimum it must pay out in qualifying distributions.
About The Lpm Charitable Foundation
Based on IRS filings
The Lpm Charitable Foundation is a private foundation, based in BOLTON, MA. IRS filing data is available from 2021 through 2024. As of 2024, the organization holds $356K in total assets. In 2024, it awarded 31 grants totaling $59K. Net investment income was $17K.
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
States
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $356,317 | $295,254 | $229,035 |
| Revenue | $122,879 | $99,608 | $121,568 |
| Expenses | $60,063 | $33,389 | $197,331 |
| Qualifying Distributions | $59,423 | $32,696 | $40,965 |
| Net Investment Income | $16,695 | $56,350 | $9,222 |
| Distributable Amount | $14,049 | $10,262 | $12,433 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 10 recipients in 2024
Grant Size Distribution
90 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include Rfk Community Alliance ($17,400), Cushing Academy ($5,100), Don Bosco Cristo Rey High School ($3,500).
| Recipient | Purpose | Amount |
|---|---|---|
| BETSY MAE DEWALLACE MAYNARD, MA | ANNUAL FUND | $840 |
| BRIGHT HORIZONS NEWTON, MA | ANNUAL FUND | $3,078 |
| CUSHING ACADEMY ASHBURNHAM, MA | ANNUAL FUND | $5,100 |
| FIRST TEE OF MASSACHUSETTS NORTON, MA | ANNUAL FUND | $1,400 |
| LEUKEMIA & LYMPHOMA SOCIETY WELLESLEY, MA | ANNUAL FUND | $250 |
| RFK COMMUNITY ALLIANCE LANCASTER, MA | ANNUAL FUND | $17,400 |
| RODMAN FOR KIDS FOXBORO, MA | ANNUAL FUND | $250 |
| SUDBURY MEN'S SOFTBALL SUDBURY, MA | ANNUAL FUND | $2,600 |
| CONNOR DONOVAN MEMORIAL FUND CARVER, MA | ANNUAL FUND | $200 |
| DON BOSCO CRISTO REY HIGH SCHOOL TAKOMA PARK, MD | ANNUAL FUND | $3,500 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| ROBERT J WATSON | CHAIRMAN, TRUSTEE | 5 | — |
| LAURIE J WATSON | TRES./SEC., TRUSTEE | 5 | — |
| MICHAEL WATSON | EXECUTIVE DIRECTOR | 5 | — |
| DAN REDFERN | TRUSTEE | 5 | — |
| PATRICK WATSON | TRUSTEE | 5 | — |
Frequently Asked Questions
How large is The Lpm Charitable Foundation?
As of 2024, The Lpm Charitable Foundation holds $356K in total assets with $123K in annual revenue. It awarded 31 grants totaling $59K in 2024.
Where does The Lpm Charitable Foundation operate?
The Lpm Charitable Foundation has awarded grants in Arizona, Connecticut, District of Columbia, Florida, Massachusetts, Maryland, Maine, New Hampshire, New York, Pennsylvania, Rhode Island, Texas.
What size grants does The Lpm Charitable Foundation award?
In 2024, The Lpm Charitable Foundation awarded 31 grants totaling $59K — an average of about $2K per grant, based on its IRS Form 990 filings.
How much is The Lpm Charitable Foundation required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, The Lpm Charitable Foundation reported a distributable amount of $14K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is The Lpm Charitable Foundation's EIN?
The Lpm Charitable Foundation's EIN (Employer Identification Number) is 04-3316344. IRS Form 990 filing data is available on this page for 2021–2024.
Explore Open Grants
Browse active grant opportunities in The Lpm Charitable Foundation's focus areas in our free grants database
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.
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