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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. Total assets have grown from $4.6M in 2011 to $15M in 2024. The foundation is governed by 3 officers and trustees. The foundation operates in the area of education. According to its most recent filing, the foundation only makes contributions to preselected charitable organizations. Tax records are available from 2016 to 2024. The foundation primarily funds organizations in Texas, Mississippi and Colorado. 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.
Smallest Grant
$500
Median Grant
$10K
Average Grant
$12K
Largest Grant
$35K
Based on 40 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 & 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.
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.
L & M Charitable Foundation Inc. typically selects its grantees rather than accepting unsolicited proposals.
L & M Charitable Foundation Inc. is headquartered in DALLAS, TX. While based in TX, the foundation distributes grants to organizations across 7 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Kirstin E Mcmillan Gillespie | Director | $0 | $0 | N/A |
| Richard T Mcmillan | Pres/DIR | $0 | $0 | N/A |
| Jan Late Mcmillan | Director | $0 | $0 | N/A |
Total Giving
N/A
Total Assets
$15M
Fair Market Value
N/A
Net Worth
$15M
Grants Paid
N/A
Contributions
N/A
Net Investment Income
N/A
Distribution Amount
N/A
Total Grants
80
Total Giving
$1.7M
Average Grant
$21K
Median Grant
$10K
Unique Recipients
53
Most Common Grant
$1K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| First United Methodist ChurchGENERAL SUPPORT CONTRIBUTION | Fort Worth, TX | $10K | 2023 |
| Texas Scottish Rite HospitalCENTER FOR DYSLEXIA | Dallas, TX | $35K | 2020 |
| Genesis Women'S ShelterCHILDREN'S PROGRAM | Dallas, TX | $60K | 2023 |
| John Austin Cheley FoundationCAMPERSHIP PROGRAMS, CAMP LEADERSHIP PLEDGE | Denver, CO | $60K | 2023 |
| Dallas Arboretum And Botanical GardCHILDREN'S ADVENTURE GARDEN - 3 YEAR PLEDGE (YEAR 2) | Dallas, TX | $60K | 2023 |
| Scottish Rite For ChildrenLUKE WAITES CENTER FOR DYSLEXIA & LEARNING DISORDERS | Dallas, TX | $50K | 2023 |
| Fort Worth Country Day SchoolFORWARD TOGETHER COMPREHENSIVE CAPITAL CAMPAIGN | Fort Worth, TX | $40K | 2023 |
| Incarnation HouseOPERATING FUND | Dallas, TX | $40K | 2023 |
| Nols FundGENERAL SUPPORT CONTRIBUTION | Lander, WY | $30K | 2023 |
| Colorado Rocky Mountain SchoolUNRESTRICTED GIVING, SCHOLARSHIP, FACULTY SUPPORT | Carbondale, CO | $25K | 2023 |
| Watershed SchoolANNUAL FUND | Boulder, CO | $23K | 2023 |
| Episcopal Church Of The NativityGENERAL SUPPORT CONTRIBUTION, PRESERVE AND PROTECT FUND | Greenwood, MS | $21K | 2023 |
| Pillow AcademyGENERAL SUPPORT CONTRIBUTION | Greenwood, MS | $20K | 2023 |
| Pools For KidsGENERAL SUPPORT CONTRIBUTION | Littleton, CO | $13K | 2023 |
| Cherokee Home For ChildrenOPERATING FUND | Cherokee, TX | $10K | 2023 |
| Fort Worth Museum Of Science HistorMUSEUM SCHOOL | Fort Worth, TX | $10K | 2023 |
| Cook Children'S HospitalCARDIOLOGY CHAMP PROGRAM, ENDOWMENT IN HONOR OF CLINE MCMURRAY | Fort Worth, TX | $10K | 2023 |
| All Austin Nursery SchoolGENERAL SUPPORT CONTRIBUTION | Austin, TX | $10K | 2023 |
| Univ Of The SouthGENERAL SUPPORT CONTRIBUTION | Sewanee, TN | $6K | 2023 |
| Austin Parks FoundationGENERAL SUPPORT CONTRIBUTION | Austin, TX | $5K | 2023 |
| Seed EffectYEAR END GIFT MATCH | Dallas, TX | $5K | 2023 |
| St Jude Childrens Research HospitalIN HONOR OF ELLEN MILLER | Memphis, TN | $4K | 2023 |
| Leflore Christian SchoolGENERAL SUPPORT CONTRIBUTION | Greenwood, MS | $3K | 2023 |
| Lebonheur Children'S HospitalREHABILITATION DEPARTMENT | Memphis, TN | $2K | 2023 |
| Greenwood Community Food PantryGENERAL SUPPORT CONTRIBUTION | Greenwood, MS | $1K | 2023 |
| Suffield AcademyGENERAL SUPPORT CONTRIBUTION | Suffield, CT | $1K | 2023 |
| United Way Of Leflor CountyGENERAL SUPPORT CONTRIBUTION | Greenwood, MS | $1K | 2023 |
| Univ Of Mississippi FoundationDEPARTMENT OF COMMUNICATIVE DISORDERS | Oxford, MS | $1K | 2023 |
| Bologna Performing Arts CenterGENERAL SUPPORT CONTRIBUTION | Cleveland, MS | $1K | 2023 |
| Sustainable Food CenterGENERAL SUPPORT CONTRIBUTION | Austin, TX | $50K | 2022 |
| Permian Basin Area FoundationGENERAL SUPPORT CONTRIBUTION | Midland, TX | $25K | 2020 |
| Shining Mountain Waldorf SchoolANNUAL FUND | Boulder, CO | $20K | 2020 |
| Texas Parks WildlifeGENERAL SUPPORT CONTRIBUTION | Dallas, TX | $20K | 2020 |
| Gateway Of GraceGENERAL SUPPORT CONTRIBUTION | Dallas, TX | $20K | 2020 |
| Casa De AmigosYOUTH EDUCATION PROGRAMS | Midland, TX | $20K | 2020 |
| Hillcrest SchoolGENERAL SUPPORT CONTRIBUTION | Midland, TX | $15K | 2020 |