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Lbm Foundation is a private trust based in BROOKLYN, NY. The foundation received its IRS ruling in 2019. It holds total assets of $353K. Annual income is reported at $116K. Total assets have grown from $216K in 2019 to $353K in 2022. The foundation is governed by 1 officer or trustee. 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 2018 to 2022. According to available records, Lbm Foundation has made 28 grants totaling $37K, with a median grant of $400. Annual giving has grown from $6K in 2020 to $31K in 2021. Individual grants have ranged from N/A to $10K, with an average award of $1K. The foundation has supported 24 unique organizations. Grant recipients are concentrated in New York. Contributions to this foundation are tax-deductible.
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.
Lbm Foundation primarily funds organizations in the area of philanthropy & grantmaking. Based on available records, the foundation has funded 28 grants. Its grantmaking reaches organizations primarily in NY.
Lbm Foundation has distributed a total of $37K across 28 grants. The median grant size is $400, with an average of $1K. Individual grants have ranged from N/A to $10K.
Lbm Foundation typically selects its grantees rather than accepting unsolicited proposals.
Lbm Foundation is headquartered in BROOKLYN, NY.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Bernard Moskowitz | TRUSTEE | $0 | $0 | N/A |
Total Giving
$48K
Total Assets
$353K
Fair Market Value
$353K
Net Worth
$353K
Grants Paid
$48K
Contributions
$116K
Net Investment Income
N/A
Distribution Amount
$17K
Total Grants
28
Total Giving
$37K
Average Grant
$1K
Median Grant
$400
Unique Recipients
24
of 2021 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Various Contributions Less Than 500General Support | Brooklyn, NY | $10K | 2021 |
| UtaGeneral Support | Brooklyn, NY | $7K | 2021 |
| Cong Yetev LevGeneral Support | Brooklyn, NY | $7K | 2021 |
| Keren Zichron Rabeini Yecheskel ShrageGeneral Support | Brooklyn, NY | $3K | 2021 |
| Yeshiva Of NitraGeneral Support | Brooklyn, NY | $2K | 2021 |
| Bnos SquareGeneral Support | Brooklyn, NY | $1K | 2021 |
| Kollel Shomrei HachomosGeneral Support | Brooklyn, NY | $976 | 2021 |
| Mikvah Hendel MiriamGeneral Support | Monroe, NY | $590 | 2021 |
| Chava GluckGeneral Support | Brooklyn, NY | $450 | 2020 |
| Mosdos Vyoel MosheGeneral Support | Monroe, NY | $450 | 2020 |
| Cong Daas Shulem IncGeneral Support | Brooklyn, NY | $350 | 2020 |
| Cong Tiferes PinchusGeneral Support | Brooklyn, NY | $250 | 2020 |
| Cong LtorahGeneral Support | Brooklyn, NY | $180 | 2020 |
| Kolel Avreichim Of UtaGeneral Support | Brooklyn, NY | $120 | 2020 |
| Cong Chasdei ZviGeneral Support | Brooklyn, NY | $100 | 2020 |
| Kolel SatmarGeneral Support | Brooklyn, NY | $100 | 2020 |
| Mosdos SatmarGeneral Support | Brooklyn, NY | $100 | 2020 |
| Yetev LevGeneral Support | Brooklyn, NY | N/A | 2020 |
| Kollel Avreichim Of UtaGeneral Support | Brooklyn, NY | N/A | 2020 |
| Rabbi KatzGeneral Support | Brooklyn, NY | N/A | 2020 |
| Rabbi MeiselsGeneral Support | Brooklyn, NY | N/A | 2020 |
| Cong Aleif ChunaGeneral Support | Brooklyn, NY | N/A | 2020 |
| Cong Nachlei PinchasGeneral Support | Brooklyn, NY | N/A | 2020 |
| Cash - CharityGeneral Support | Brooklyn, NY | N/A | 2020 |