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L Heart Foundation Inc. is a private corporation based in BOZEMAN, MT. The foundation received its IRS ruling in 1999. It holds total assets of $4.8M. Annual income is reported at $2M. Total assets have grown from $1.3M in 2011 to $4.5M in 2023. The foundation is governed by 2 officers and trustees. The foundation operates in the area of philanthropy & grantmaking. According to its most recent filing, the foundation only makes contributions to preselected charitable organizations. Tax records are available from 2016 to 2023. Funding is distributed across 4 states, including Montana, New York, Virginia. According to available records, L Heart Foundation Inc. has made 46 grants totaling $416K, with a median grant of $5K. Annual giving has grown from $139K in 2021 to $277K in 2022. Individual grants have ranged from $1K to $55K, with an average award of $9K. The foundation has supported 26 unique organizations. The foundation primarily supports organizations in Montana, New York, California, which account for 67% of all grants. Grantmaking reaches organizations across 10 states. Contributions to this foundation are tax-deductible.
Smallest Grant
$1K
Median Grant
$5K
Average Grant
$8K
Largest Grant
$35K
Based on 18 grants from the most recent 990-PF filing.
No program descriptions are available for this foundation. Many private foundations report program activities in their annual 990-PF filings — check the Tax Filings section below for the most recent filing.
L Heart Foundation Inc. primarily funds organizations in the area of philanthropy & grantmaking. Based on available records, the foundation has funded 46 grants. Its grantmaking reaches organizations primarily in MT, NY, CA.
L Heart Foundation Inc. has distributed a total of $416K across 46 grants. The median grant size is $5K, with an average of $9K. Individual grants have ranged from $1K to $55K.
L Heart Foundation Inc. typically selects its grantees rather than accepting unsolicited proposals.
L Heart Foundation Inc. is headquartered in BOZEMAN, MT. While based in MT, the foundation distributes grants to organizations across 10 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| William B Thompson | Director | $0 | $0 | N/A |
| Theodore A Thompson | Director | $0 | $0 | N/A |
Total Giving
$260K
Total Assets
$4.5M
Fair Market Value
N/A
Net Worth
$4.5M
Grants Paid
$197K
Contributions
N/A
Net Investment Income
$586K
Distribution Amount
$311K
Total Grants
46
Total Giving
$416K
Average Grant
$9K
Median Grant
$5K
Unique Recipients
26
Most Common Grant
$10K
of 2022 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Salvation ArmyFURTHER TAX EXEMPT PURPOSE | Bozeman, MT | $10K | 2022 |
| Mc Nursing Home FoundationFurther tax exempt purpose. | Virginia City, MT | $55K | 2022 |
| The Nature ConservancyFURTHER TAX EXEMPT PURPOSE | Bozeman, MT | $15K | 2022 |
| Whale TrustFurther tax exempt purpose. | Makawao, HI | $10K | 2022 |
| Tools For TomorrowFURTHER TAX EXEMPT PURPOSE | Palm Desert, CA | $10K | 2022 |
| Habitat For HumanityFURTHER TAX EXEMPT PURPOSE | Belgrade, MT | $10K | 2022 |
| National Park FoundationFURTHER TAX EXEMPT PURPOSE | Washington, DC | $5K | 2022 |
| American Indian College FundFURTHER TAX EXEMPT PURPOSE | Denver, CO | $5K | 2022 |
| Madison Valley Ranchlands GroupFurther tax exempt purpose. | Ennis, MT | $5K | 2022 |
| Glynwood Farm - Sustainable FarmingFurther tax exempt purpose. | Cold Spring, NY | $5K | 2022 |
| Susan G Komen FoundationFurther tax exempt purpose. | Dallas, TX | $3K | 2022 |
| Heart Of The ValleyFURTHER TAX EXEMPT PURPOSE | Belgrade, MT | $3K | 2022 |
| Montana Police Protective AssociatiFurther tax exempt purpose. | Great Falls, MT | $2K | 2022 |
| National Audubon SocietyFURTHER TAX EXEMPT PURPOSE | New York, NY | $2K | 2022 |
| Madison Valley Medical CenterFURTHER TAX EXEMPT PURPOSE | Ennis, MT | $35K | 2021 |
| Ducks UnlimitedFURTHER TAX EXEMPT PURPOSE | Memphis, TN | $25K | 2021 |
| Heifer InternationalFURTHER TAX EXEMPT PURPOSE | Little Rock, AR | $8K | 2021 |
| National Adubon SocietyFURTHER TAX EXEMPT PURPOSE | New York, NY | $6K | 2021 |
| American Indian College FoundationFURTHER TAX EXEMPT PURPOSE | Denver, CO | $5K | 2021 |
| Ocean ConservancyFurther tax exempt purpose. | Washington, DC | $5K | 2021 |
| Wave Hill Public GardenFurther tax exempt purpose. | The Bronx, NY | $5K | 2021 |
| National Wildlife FederationFURTHER TAX EXEMPT PURPOSE | Merrifield, VA | $3K | 2021 |
| St Labre Indian SchoolFURTHER TAX EXEMPT PURPOSE | Ashland, MT | $2K | 2021 |
| St Mark'S Episcopal ChurchFurther tax exempt purpose. | Big Timber, MT | $2K | 2021 |
| Montana Food BankFURTHER TAX EXEMPT PURPOSE | Missoula, MT | $1K | 2021 |
| Toys For TotsFURTHER TAX EXEMPT PURPOSE | Triangle, VA | $1K | 2021 |