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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. Total assets have grown from $594 in 2011 to $11M in 2024. The foundation is governed by 4 officers and trustees. 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 its most recent filing, the foundation only makes contributions to preselected charitable organizations. Tax records are available from 2015 to 2024. 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.
Smallest Grant
$8K
Median Grant
$100K
Average Grant
$91K
Largest Grant
$167K
Based on 3 grants from the most recent 990-PF filing.
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 | N/A |
| Aeshea Jayasinghe | Director | $0 | $0 | N/A |
| Shirani Stanislaus | Secretary | $0 | $0 | N/A |
Total Giving
N/A
Total Assets
$11M
Fair Market Value
N/A
Net Worth
$11M
Grants Paid
N/A
Contributions
N/A
Net Investment Income
N/A
Distribution Amount
N/A
Total Grants
5
Total Giving
$696K
Average Grant
$139K
Median Grant
$25K
Unique Recipients
4
Most Common Grant
$500K
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 |