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Lcm Foundation is a private trust based in BROOKLYN, NY. The foundation received its IRS ruling in 2020. It holds total assets of $642K. Annual income is reported at $26K. The foundation operates in the area of philanthropy & grantmaking. According to available records, Lcm Foundation has made 20 grants totaling $273K, with a median grant of $6K. Annual giving has decreased from $161K in 2022 to $112K in 2023. Individual grants have ranged from $1K to $55K, with an average award of $14K. The foundation has supported 12 unique organizations. Grant recipients are concentrated in New York. Contributions to this foundation are tax-deductible.
Lcm Foundation primarily funds organizations in the area of philanthropy & grantmaking. Based on available records, the foundation has funded 20 grants. Its grantmaking reaches organizations primarily in NY.
Lcm Foundation has distributed a total of $273K across 20 grants. The median grant size is $6K, with an average of $14K. Individual grants have ranged from $1K to $55K.
Lcm Foundation typically selects its grantees rather than accepting unsolicited proposals.
Lcm Foundation is headquartered in BROOKLYN, NY.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Chaya Markowitz | TRUSTEE & TREASURER | $0 | $0 | $0 |
| Lipa Markowitz | TRUSTEE | $0 | $0 | $0 |
Total Giving
$112K
Total Assets
$751K
Fair Market Value
$751K
Net Worth
$558K
Grants Paid
$112K
Contributions
$0
Net Investment Income
$21K
Distribution Amount
$32K
Total Grants
20
Total Giving
$273K
Average Grant
$14K
Median Grant
$6K
Unique Recipients
12
Most Common Grant
$1K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Congregation Panim MeirothFOR RELIGIOUS EDUCATION PURPOSES | Brooklyn, NY | $52K | 2023 |
| The Markowitz Family FoundationFOR RELIGIOUS EDUCATION PURPOSES | Brooklyn, NY | $28K | 2023 |
| Ojc FundFOR RELIGIOUS EDUCATION PURPOSES | Brooklyn, NY | $13K | 2023 |
| Congregation Chaishek Shlomo IncFOR RELIGIOUS EDUCATION PURPOSES | Brooklyn, NY | $12K | 2023 |
| Cong Of Esho RidgeFOR RELIGIOUS EDUCATION PURPOSES | Airmont, NY | $3K |
Other foundations that have funded Lcm Foundation.
| Funder | Amount | Year | Purpose |
|---|---|---|---|
| Life Hope Foundation | $800 | 2021 | Medical Donation |
| 2023 |
| Congregation Chonen VnosenFOR RELIGIOUS EDUCATION PURPOSES | Brooklyn, NY | $3K | 2023 |
| Mosdos VorkaFOR RELIGIOUS EDUCATION PURPOSES | Brooklyn, NY | $1K | 2023 |
| Cong Mashmia SholemFOR RELIGIOUS EDUCATION PURPOSES | Brooklyn, NY | $1K | 2023 |
| Congregation Ohr Yisroel Saba Kadisha Druzhin IncFOR RELIGIOUS EDUCATION PURPOSES | Lakewood, NY | $10K | 2022 |
| Congregation Divrei Yisroel & Bas Melech IncFOR RELIGIOUS EDUCATION PURPOSES | Brooklyn, NY | $2K | 2022 |
| Cong Shalmei Joel DratzfertFOR RELIGIOUS EDUCATION PURPOSES | Monsey, NY | $1K | 2022 |
| Congregation Bnei Yitzchok Of VorkaFOR RELIGIOUS EDUCATION PURPOSES | Brooklyn, NY | $1K | 2022 |
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