Lmc Foundation is a private corporation based in GROESBECK, TX. The foundation received its IRS ruling in 2014. The principal officer is % Pamela Sodd. It holds total assets of $1.7M. Annual income is reported at $454K. The foundation operates in the area of human services. According to available records, Lmc Foundation has made 12 grants totaling $539K, with a median grant of $41K. The foundation has distributed between $82K and $288K annually from 2020 to 2023. Grantmaking activity was highest in 2022 with $288K distributed across 6 grants. Individual grants have ranged from $2K to $94K, with an average award of $45K. Grant recipients are concentrated in Texas. Contributions to this foundation are tax-deductible.
Lmc Foundation primarily funds organizations in the area of human services. Based on available records, the foundation has funded 12 grants. Its grantmaking reaches organizations primarily in TX.
Lmc Foundation has distributed a total of $539K across 12 grants. The median grant size is $41K, with an average of $45K. Individual grants have ranged from $2K to $94K.
Lmc Foundation typically selects its grantees rather than accepting unsolicited proposals.
Lmc Foundation is headquartered in GROESBECK, TX.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Karon Golden | SECRETARY | $0 | $0 | $0 |
| Donald Altland | TREASURER | $0 | $0 | $0 |
| Mary Rand | DIRECTOR | $0 | $0 | $0 |
| Brandy Agnew | DIRECTOR | $0 | $0 | $0 |
| Clifton Fox | DIRECTOR | $0 | $0 | $0 |
| Martha Stone |
Total Giving
$89K
Total Assets
$1.7M
Fair Market Value
$1.8M
Net Worth
$1.7M
Grants Paid
$82K
Contributions
$3K
Net Investment Income
$102K
Distribution Amount
$88K
Total Grants
12
Total Giving
$539K
Average Grant
$45K
Median Grant
$41K
Unique Recipients
1
Most Common Grant
$2K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Limestone Medical CenterPURCHASE EQUIPMENT FOR MEDICAL CENTER | Groesbeck, TX | $79K | 2023 |
| DIRECTOR |
| $0 |
| $0 |
| $0 |
| Nathaniel Bedford | DIRECTOR | $0 | $0 | $0 |
| Sharon Fredriksson | PRESIDENT | $0 | $0 | $0 |
| Susie Altland | VICE PRESIDENT | $0 | $0 | $0 |
| 2019 | 990PF | View |
| 2018 | 990PF | View |
| 2017 | 990PF | View |
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