The LSM Foundation Inc

Private foundation · Grantmaker Washington, DC EIN: 47-5545263

The LSM Foundation Inc is a private foundation, based in Washington, DC. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $384K in total assets. In 2024, it awarded 3 grants totaling $21K. Net investment income was $25K.

The LSM Foundation Inc at a glance

In short: The LSM Foundation Inc gave $21K across 3 grants in 2024 (avg $7K), mostly in District of Columbia. Source: 2024 IRS Form 990-PF.

Annual giving (2024)
$20,500
-2.4% vs 2023
Grants made (2024)
3
+50.0% vs 2023
Average grant
$6,833
-34.9% vs 2023
Median grant
$5,000
Total assets
$384,279
+1.3% vs 2023
Primary geography
District of Columbia (76% of itemized 2024 grant dollars)
Latest 990 filing
Form 990-PF, 2024 View filing

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

Who The LSM Foundation Inc funds

How this funder distributes its grants

Top Recipients

Top 3 recipients in 2024

The National Building Museum: $13KThe National Building Museum$13KDiffa Design Industries Foundation: $5KDiffa Design IndustriesFoundation$5KJubilee Housing: $3KJubilee Housing$3K

The largest 2024 recipient was The National Building Museum ($13K). Together the top 3 received $21K.

Grant Size Distribution

13 grants across all recorded years

13<$50K$50–100K$100–250K$250–500K$500K–1M$1–5M$5M+

The most common grant size was under $50K: 13 grants of 13 (100%).

Geographic Focus

Where this funder awards grants

Grant Distribution by State

4states

Share of 2024 grant dollars across all 3 itemized grants.

Cities

WashingtonBlacksburgEugeneNew York

How The LSM Foundation Inc gives

  • Giving grew 32% from 2021 to 2024. Method
  • In 2024 it paid out 108% of its IRS minimum distribution (the 5% rule). Method

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

Giving History

Giving Over Time

Total grant dollars and number of grants per year

$0$10K$20K$30K3 grants2020 2 grants2021 3 grants2022 2 grants2023 3 grants2024

From 2020 to 2024, annual grant giving ranged from $16K (2021) to $21K (2023). In 2024 it made 3 grants totaling $21K.

Grants by year

Grant recipients and amounts by year

RecipientPurposeAmount
The National Building Museum Washington, DCEdward Feiner Lecture Fund$12,500
Diffa Design Industries Foundation New York, NYGeneral Operations$5,000
Jubilee Housing Washington, DCGeneral Operations$3,000
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Financial History

Multi-year comparison from IRS filings

Figures from IRS filings, by filing year
Filing yearTotal AssetsRevenueExpensesGrants paidGrantsQualifying DistributionsNet Investment IncomeDistributable Amount
2024$384,279$25,637$20,829$20,5003$20,500$25,308$18,942
2023$379,471$12,358$21,375$21,0002$21,000$11,983$19,113
2022$388,488$1,407$20,176$20,0003$20,000$1,231$19,960
2021$407,257$7,037$15,737$15,5002$15,500—$20,714
2020$415,957$30,985$17,157$17,0003—$1,174$16,228

Under IRS private-foundation payout rules, The LSM Foundation Inc reported a distributable amount of $19K for 2024 — the minimum it must pay out in qualifying distributions.

Leadership & Key People

Officers and directors from IRS filings

The LSM Foundation Inc's 2024 filing lists 3 officers; none of the 3 officers listed in 2024 report compensation.

Officers on the 2024 filing

  • David Smith

    Director

    On filings since 2020

    No compensation reported

  • Debra Lehman-Smith

    Director

    On filings since 2020

    No compensation reported

  • James McLeish III

    Director

    On filings since 2020

    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 The LSM Foundation Inc

How much does The LSM Foundation Inc give each year?

The LSM Foundation Inc gave $21K across 3 grants in 2024, according to its 2024 IRS Form 990-PF. In 2023 it gave $21K across 2 grants.

What is The LSM Foundation Inc's typical grant size?

The LSM Foundation Inc's median grant in 2024 was $5,000, and its average grant was $6,833, across 3 grants on its 2024 IRS Form 990-PF.

Where does The LSM Foundation Inc give grants?

The LSM Foundation Inc gives mostly in District of Columbia: 76% of the grant dollars itemized on its 2024 IRS Form 990-PF went to recipients there. The next largest state was New York (24%). The most frequent recipient cities were Washington, DC (2 grants).

Does The LSM Foundation Inc give general operating support?

Yes: 67% of The LSM Foundation Inc's 2024 grants with a stated purpose (2 of 3) were for general or operating support, per its 2024 IRS Form 990-PF.

How large is The LSM Foundation Inc?

The LSM Foundation Inc reported $384K in total assets on its 2024 IRS Form 990-PF. It paid out $21K in qualifying distributions that year, against a required minimum of $19K (roughly 5% of its investment assets).

What is The LSM Foundation Inc's EIN?

The LSM Foundation Inc's EIN (Employer Identification Number) is 47-5545263. IRS Form 990 filing data is available on this page for 2020–2024.

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

Data update history

(1)

When this profile's IRS filing data changed on Grantable

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

Live grants for the work The LSM Foundation Inc funds

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The filing figures on this page are open data under CC BY 4.0. About GrantGraph Open

Figures come from The LSM Foundation Inc'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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