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Los Angeles Medical Center Foundation is a private corporation based in LOS ANGELES, CA. The foundation received its IRS ruling in 2003. The principal officer is % Walter Jayasinghe. It holds total assets of $11M. Annual income is reported at $1.3M. THE FOUNDATION STARTED OPERATING "FREE SATURDAY CLINIC" ON JULY 10, 2004. FUNDS RECEIVED WERE ALL SPENT TO ACHIEVE THE MAJOR EXEMPT PURPOSE OF THE FOUNDATION WHICH IS TO CONDUCT FREE CLINICS FOR POOR FAMILIES. AS ADDITIONAL FUNDS ARE RECEIVED, THE FOUNDATION WILL EXPAND ITS ACTIVITIES TO INCLUDE OTHER FREE HEALTH SERVICES TO POOR FAMILIES. According to available records, Los Angeles Medical Center Foundation has made 5 grants totaling $696K, with a median grant of $25K. Annual giving has grown from $196K in 2020 to $500K in 2022. Individual grants have ranged from $1K to $500K, with an average award of $139K. The foundation has supported 4 unique organizations. Grant recipients are concentrated in California. Contributions to this foundation are tax-deductible.
THE FOUNDATION STARTED OPERATING "FREE SATURDAY CLINIC" ON JULY 10, 2004. FUNDS RECEIVED WERE ALL SPENT TO ACHIEVE THE MAJOR EXEMPT PURPOSE OF THE FOUNDATION WHICH IS TO CONDUCT FREE CLINICS FOR POOR FAMILIES. AS ADDITIONAL FUNDS ARE RECEIVED, THE FOUNDATION WILL EXPAND ITS ACTIVITIES TO INCLUDE OTHER FREE HEALTH SERVICES TO POOR FAMILIES.
THE FOUNDATION STARTED OPERATING "FREE SATURDAY CLINIC" ON JULY 10, 2004. FUNDS RECEIVED WERE ALL SPENT TO ACHIEVE THE MAJOR EXEMPT PURPOSE OF THE FOUNDATION WHICH IS TO CONDUCT FREE CLINICS FOR POOR FAMILIES. AS ADDITIONAL FUNDS ARE RECEIVED, THE FOUNDATION WILL EXPAND ITS ACTIVITIES TO INCLUDE OTHER FREE HEALTH SERVICES TO POOR FAMILIES. Based on available records, the foundation has funded 5 grants. Its grantmaking reaches organizations primarily in CA.
Los Angeles Medical Center Foundation has distributed a total of $696K across 5 grants. The median grant size is $25K, with an average of $139K. Individual grants have ranged from $1K to $500K.
Los Angeles Medical Center Foundation typically selects its grantees rather than accepting unsolicited proposals.
Los Angeles Medical Center Foundation is headquartered in LOS ANGELES, CA.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Walter Jayasinghe Md | President | $48K | $0 | $48K |
| Gamini Hethumuni | Director | $0 | $0 | $0 |
| Aeshea Jayasinghe | Director | $0 | $0 | $0 |
| Shirani Stanislaus | Secretary | $0 | $0 | $0 |
Total Giving
$817K
Total Assets
$10.3M
Fair Market Value
$10.3M
Net Worth
$10.3M
Grants Paid
$458K
Contributions
$6.3M
Net Investment Income
$0
Distribution Amount
$375K
Total Grants
5
Total Giving
$696K
Average Grant
$139K
Median Grant
$25K
Unique Recipients
4
Most Common Grant
$1K
of 2022 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| New Economics For WomenIMPROVE HOUSING, ECONOMICAL, SOCIAL, HEALTH AND WELLNESS OF RESIDENTS OF THE CITY OF LOS ANGELES | Los Angeles, CA | $500K | 2022 |
| Inclusive Action For The CitySTREET VENDOR EMERGENCY FUND | Los Angeles, CA | $25K | 2020 |
| Latino Educational FundEDUCATIONAL | Pomona, CA | $20K | 2020 |
| Foundation For Drug Free WorldEDUCATE YOUTH TO LIVE DRUG FREE | Los Angeles, CA | $1K | 2020 |
PASADENA, CA
FLINT, MI
LOS ANGELES, CA
NEWTON, MA
| 2018 | 990PF | View |
| 2017 | 990PF | View |
| 2016 | 990PF | View |
| 2015 | 990PF | View |
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