//
Work at this foundation?
Claim this profile to manage it and see interest from grant seekers.
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. Total assets have grown from N/A in 2019 to $751K 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 2020 to 2023. 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.
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.
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 | N/A |
| Lipa Markowitz | TRUSTEE | $0 | $0 | N/A |
Total Giving
$112K
Total Assets
$751K
Fair Market Value
$751K
Net Worth
$558K
Grants Paid
$112K
Contributions
N/A
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 | 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 |