The LPM Charitable Foundation
The LPM Charitable Foundation is a private foundation based in Bolton, Massachusetts. Its 2024 filing describes charitable contributions to preselected organizations in education, the environment, health and human services, community and civic development, and the arts.
The LPM Charitable Foundation at a glance
In short: The LPM Charitable Foundation gave $65K across 36 grants in 2025 (avg $2K), mostly in Massachusetts. 67% of 2025 grantees were new. Source: 2025 IRS Form 990-PF.
- Annual giving (2025)
- $65,105
- +10.1% vs 2024
- Grants made (2025)
- 36
- +16.1% vs 2024
- Average grant
- $1,808
- -5.2% vs 2024
- Median grant
- $1,000
- Total assets
- $422,153
- +18.5% vs 2024
- New grantees (estimate)
- 67% first-time grantees (24 of 36, 2025)
- Primary geography
- Massachusetts (86% of itemized 2025 grant dollars)
- Latest 990 filing
- Form 990-PF, 2025 View filing
Data from IRS Form 990-PF, 2025; updated October 2026. New grantees are estimated by matching recipient names across years (methodology).
How to apply to The LPM Charitable Foundation
- Accepts unsolicited proposals
- No
- How to Apply
-
The foundation states that it makes contributions only to preselected charitable organizations and does not accept unsolicited requests.
- Contact
Mailing address: 580 Main Street 1, Bolton, MA 01740
Phone: (978) 897-0660
Website: https://lpmcharity.org
Application details from Grantable's research on the foundation's public materials; confirm on its website before applying.
Who The LPM Charitable Foundation funds
How this funder distributes its grants
Top Recipients
Top 10 recipients in 2025
The largest 2025 recipient was RFK Community Alliance ($14K). Together the top 10 received $43K.
Grant Size Distribution
126 grants across all recorded years
The most common grant size was under $50K: 126 grants of 126 (100%).
Geographic Focus
Where this funder awards grants
In 2025, 86% of grant dollars went to recipients in Massachusetts, 7% to New York, 5% to Rhode Island, and 2% to Texas. The filing also lists Florida at 0%.
Grant Distribution by State
Share of 2025 grant dollars across all 36 itemized grants.
States
Cities
Is The LPM Charitable Foundation open to new grantees?
67%
first-time grantees, 2025
In 2025, 24 of 36 grantees (67%) were first-time recipients. First grants averaged $1K; repeat grants $3K. How we count
Medians: $1K first-time, $2K repeat.
- 22% of 2025 grantees were also funded in 2024. Method
- Giving grew 59% from 2022 to 2025. Method
- In 2025 it paid out 352% of its IRS minimum distribution (the 5% rule). Method
Estimate from itemized grant lists in IRS Form 990-PF filings (2019–2025). Recipient names are matched across years, so a renamed or misspelled grantee can look new; grants to individuals are left out. Methodology.
Giving History
Giving Over Time
Total grant dollars and number of grants per year
From 2019 to 2025, annual grant giving ranged from $30K (2021) to $188K (2019). In 2025 it made 36 grants totaling $65K.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| RFK Community Alliance Lancaster, MA | Annual Fund | $14,360 |
| Childrens Hospital Blood Donor Boston, MA | Annual Fund | $5,000 |
| Marist College Poughkeepsie, NY | Annual Fund | $4,400 |
| A First Tee of Massachusetts Norton, MA | Annual Fund | $3,500 |
| DCU for Kids Marlborough, MA | Annual Fund | $3,000 |
| Bright Horizon Foundation Mashpee, MA | Annual Fund | $3,000 |
| Sudbury Mens Softball Sudbury, MA | Annual Fund | $2,800 |
| Cushing Academy Ashburnham, MA | Annual Fund | $2,700 |
| University of Rhode Island Nurses Institute Providence, RI | Annual Fund | $2,500 |
| Alan Ambrose West Roxbury, MA | Medical | $2,000 |
Ready to take the next step with The LPM Charitable Foundation?
Financial History
Multi-year comparison from IRS filings
| Filing year | Total Assets | Revenue | Expenses | Grants paid | Grants | Qualifying Distributions | Net Investment Income | Distributable Amount |
|---|---|---|---|---|---|---|---|---|
| 2025 | $422,153 | $131,173 | $65,337 | $65,105 | 36 | $65,105 | $19,938 | $18,491 |
| 2024 | $356,317 | $122,879 | $60,063 | $59,146 | 31 | $59,423 | $16,695 | $14,049 |
| 2023 | $295,254 | $99,608 | $33,389 | $32,696 | 21 | $32,696 | $56,350 | $10,262 |
| 2022 | $229,035 | $121,568 | $197,331 | $40,965 | 22 | $40,965 | $9,222 | $12,433 |
| 2021 | $310,472 | $71,806 | $32,826 | $29,547 | 16 | — | $8,306 | $12,484 |
| 2019 | $309,795 | $156,479 | $263,441 | $187,980 | 31 | — | $15,978 | $17,183 |
Under IRS private-foundation payout rules, The LPM Charitable Foundation reported a distributable amount of $18K for 2025 — the minimum it must pay out in qualifying distributions.
Research compiled by Grantable AI from public sources. Last updated September 2026.
Mission & Focus Areas
The foundation’s stated areas of charitable activity are education, the environment, health and human services, community and civic development, and the arts. Its 2025 grants included annual-fund support for organizations such as RFK Community Alliance, Children’s Hospital Blood Donor Center, Marist College, A First Tee of Massachusetts, and Cushing Academy, as well as a grant designated for medical purposes.
Grantee descriptions illustrate the range of organizations supported. DCU for Kids says it distributes charitable donations to registered 501(c)(3) organizations serving children and families in need. Golf Fights Cancer says it raises funds for cancer-related organizations and families affected by cancer, with donations for equipment, services, or amenities benefiting patients and families. Mount Pleasant Home describes its purpose as helping people live with enthusiasm, confidence, and security regardless of physical, social, or economic circumstances.
The website also describes Watson Academy as an educational enrichment program for at-risk youth within Youth Services, providing academic programming, life-skills curricula, and educational activities. The site invites people to volunteer at the Don & an individual recipient Golf Tournament. This information describes the foundation’s website activities, not an application-based grant program.
Grantmaking
In filing year 2025, the foundation reported 36 grants totaling $65,105. Grant amounts ranged from $75 to $14,360, with a median of $1,000. The largest awards included $14,360 to RFK Community Alliance for its annual fund, $5,000 to Children’s Hospital Blood Donor Center for its annual fund, and $4,400 to Marist College for its annual fund. Other awards included $3,500 to A First Tee of Massachusetts, $3,000 each to DCU for Kids and Bright Horizon Foundation, and $2,700 to Cushing Academy.
Leadership & Key People
Leadership team and compensation from IRS filings
The 2025 filing lists Robert J. Watson as chairman and trustee; Laurie J. Watson as treasurer/secretary and trustee; Michael Watson as executive director; and Dan Redfern and Patrick Watson as trustees.
The LPM Charitable Foundation is led by Michael Watson, Executive Director on every filing since 2019; none of the 5 officers listed in 2025 report compensation.
Officers on the 2025 filing
Michael Watson
Executive Director
On filings since 2019
5 hrs/week
No compensation reported
Robert J. Watson
Chairman & Trustee
On filings since 2019
5 hrs/week
No compensation reported
Laurie J. Watson
Treasurer, Secretary & Trustee
On filings since 2019
5 hrs/week
No compensation reported
Patrick Watson
Trustee
On filings since 2019
5 hrs/week
No compensation reported
Dan Redfern
Trustee
On filings since 2021
5 hrs/week
No compensation reported
Former officers (1)
- Former: Timothy P. Sheehan (2019) — Trustee
Data from IRS Form 990 filings, 2019–2025. "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 The LPM Charitable Foundation
How much does The LPM Charitable Foundation give each year?
The LPM Charitable Foundation gave $65K across 36 grants in 2025, according to its 2025 IRS Form 990-PF. In 2024 it gave $59K across 31 grants.
What is The LPM Charitable Foundation's typical grant size?
The LPM Charitable Foundation's median grant in 2025 was $1,000, and its average grant was $1,808, across 36 grants on its 2025 IRS Form 990-PF. Organizations receiving their first grant from The LPM Charitable Foundation that year got $1K on average.
Where does The LPM Charitable Foundation give grants?
The LPM Charitable Foundation gives mostly in Massachusetts: 86% of the grant dollars itemized on its 2025 IRS Form 990-PF went to recipients there. The next largest state was New York (7%). The most frequent recipient cities were Boston, MA (6 grants), Marlborough, MA (4 grants), Norton, MA (2 grants) and Sudbury, MA (2 grants).
Does The LPM Charitable Foundation give general operating support?
Yes: 94% of The LPM Charitable Foundation's 2025 grants with a stated purpose (34 of 36) were for general or operating support, per its 2025 IRS Form 990-PF.
Who are The LPM Charitable Foundation's largest grantees?
The LPM Charitable Foundation's largest 2025 grantees include RFK Community Alliance ($14,360), Childrens Hospital Blood Donor ($5,000) and Marist College ($4,400), according to its 2025 IRS Form 990-PF. Together they received 36% of its itemized 2025 grant dollars.
How large is The LPM Charitable Foundation?
The LPM Charitable Foundation reported $422K in total assets on its 2025 IRS Form 990-PF. It paid out $65K in qualifying distributions that year, against a required minimum of $18K (roughly 5% of its investment assets).
What does The LPM Charitable Foundation fund?
The foundation’s stated areas of charitable activity are education, the environment, health and human services, community and civic development, and the arts. See mission & focus areas ↑
How do I apply for a grant from The LPM Charitable Foundation?
The foundation states that it makes contributions only to preselected charitable organizations and does not accept unsolicited requests. Eligibility and process details are in the grantmaking section of this profile. See how to apply ↑
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 2019–2025.
Does The LPM Charitable Foundation accept unsolicited proposals?
No, according to Grantable's research on the foundation's published guidelines. See how to apply ↑
Data last updated October 2026. Sourced from IRS Form 990-PF filings. Research dossier generated September 2026.
Data update history
(3)
When this profile's IRS filing data changed on Grantable
- Added Form 990-PF for fiscal year 2019 (received by the IRS March 11, 2020)
- Added Form 990-PF for fiscal year 2025 (received by the IRS July 14, 2026)
- IRS filings on file for fiscal years 2021–2024
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Cite this profile
Grantable. (2026). The LPM Charitable Foundation funder profile. GrantGraph. Retrieved October 17, 2026, from https://grantable.co/funders/the-lpm-charitable-foundation-morg_6b27c5b00df84b0b89075f6a95b3de1d
BibTeX
@misc{grantable_043316344_2026,
author = {{Grantable}},
title = {{The LPM Charitable Foundation funder profile}},
howpublished = {GrantGraph},
year = {2026},
url = {https://grantable.co/funders/the-lpm-charitable-foundation-morg_6b27c5b00df84b0b89075f6a95b3de1d},
note = {Accessed 2026-10-17. Data licensed CC BY 4.0}
}The figures on this page are open data under CC BY 4.0: reuse them with credit to Grantable and a link. Download the data.
Figures come from The LPM Charitable Foundation'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.
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