L & M Charitable Foundation Inc. is a private corporation based in DALLAS, TX. The foundation received its IRS ruling in 2000. The principal officer is % Richard T Mcmillan. It holds total assets of $15M. Annual income is reported at $13.5M. The foundation operates in the area of education. According to available records, L & M Charitable Foundation Inc. has made 80 grants totaling $1.7M, with a median grant of $10K. Annual giving has grown from $405K in 2020 to $520K in 2023. Grantmaking activity was highest in 2022 with $775K distributed across 13 grants. Individual grants have ranged from $500 to $100K, with an average award of $21K. The foundation has supported 53 unique organizations. The foundation primarily supports organizations in Texas, Colorado, Mississippi, which account for 85% of all grants. Grantmaking reaches organizations across 7 states. Contributions to this foundation are tax-deductible.
Application Information
Preselected OnlyThis foundation typically selects grantees rather than accepting unsolicited proposals.
Frequently Asked Questions
What does L & M Charitable Foundation Inc. fund?
L & M Charitable Foundation Inc. primarily funds organizations in the area of education. Based on available records, the foundation has funded 80 grants. Its grantmaking reaches organizations primarily in TX, CO, MS.
How much does L & M Charitable Foundation Inc. give in grants?
L & M Charitable Foundation Inc. has distributed a total of $1.7M across 80 grants. The median grant size is $10K, with an average of $21K. Individual grants have ranged from $500 to $100K.
How do I apply for a grant from L & M Charitable Foundation Inc.?
L & M Charitable Foundation Inc. typically selects its grantees rather than accepting unsolicited proposals.
Where is L & M Charitable Foundation Inc. located?
L & M Charitable Foundation Inc. is headquartered in DALLAS, TX. While based in TX, the foundation distributes grants to organizations across 7 states.