Lm Foundation

Organization Overview

Lm Foundation is located in New York, NY. The organization was established in 2017. According to its NTEE Classification (T20) the organization is classified as: Private Grantmaking Foundations, under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Lm Foundation is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.

For the year ending 12/2021, Lm Foundation generated $1.6m in total revenue. This represents a relatively dramatic decline in revenue. Over the past 3 years, the organization has seen revenues fall by an average of (50.7%) each year. All expenses for the organization totaled $1.0m during the year ending 12/2021. You can explore the organizations financials more deeply in the financial statements section below.

Since 2020, Lm Foundation has awarded 12 individual grants totaling $1,005,000. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.

Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.

Board, Officers & Key Employees

Name (title)Compensation
Michael L Ryan
Trustee
$0
Elizabeth Jaime Alter
Trustee
$0

Financial Statements

Statement of Revenue
Contributions, Gifts, Grants & Similar $96,159
Interest on Savings $0
Dividends & Interest $247,446
Net Rental Income$0
Net Gain on Sale of Assets $1,244,270
Capital Gain Net Income $1,189,889
Net ST Capital Gain $0
Income Modifications $0
Profit on Inventory Sales $0
Other Income $2,303
Total Revenue $1,590,178

Grants Awarded

Over the last fiscal year, Lm Foundation has awarded $930,000 in support to 8 organizations.

Grant RecipientAmount

VERA INSTITUTE OF JUSTICE

Org PageRecipient Profile

Brooklyn, NY

PURPOSE: CHARITABLE

$200,000

CENTER ON BUDGET AND POLICY PRIORITIES

Org PageRecipient Profile

Washington, DC

PURPOSE: CHARITABLE

$200,000

EAST HARLEM TUTORIAL PROGRAM

Org PageRecipient Profile

New York, NY

PURPOSE: CHARITABLE

$130,000

BREAKING GROUND

PURPOSE: CHARITABLE

$100,000

Washington, DC

PURPOSE: CHARITABLE

$100,000

THE OSBORNE ASSOCIATION

Org PageRecipient Profile

Bronx, NY

PURPOSE: CHARITABLE

$100,000
View Grant Profile

Peer Organizations

Create an account to unlock the data you need.

or