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Foundations / Florida

LSP Foundation Inc

Preselected recipients only Palm Beach Gardens, Florida · EIN 203948205

LSP Foundation Inc is a private foundation in Palm Beach Gardens, Florida. In tax year 2024 it gave $25,000 in 3 grants; the typical grant was $2,200 and the largest $21,000. It only gives to organizations it selects itself and does not accept unsolicited applications.

From its IRS Form 990-PF for tax year 2024.

Giving in 2024 was down from $62,200 the year before.

50% of its 2024 grantees had not received a grant from it the year before, a sign it is open to new organizations.

Giving by year

Tax yearGrants paidNumber of grantsAssets
2023$62,2003$502,029
2024$25,0003$291,604

How to apply

LSP Foundation Inc says in its IRS filing that it only makes contributions to preselected organizations, so unsolicited applications are unlikely to be considered. Organizations it funds are usually invited.

IRS filings on ProPublica

What LSP Foundation Inc funds

Where it gives

Its grants went to recipients in 2 states, the most to Indiana.

StateGrantsAmount
Indiana2$22,800
Florida1$2,200

Grants paid in 2024

All 3 grants
RecipientPurposeAmount
Gram Vikas Trust- Branch
Bharuch India, IN
Scholarship fund$21,000
Individual
FL
Scholsarship$2,200
JS Ayurved Mahavidyalay
Nadiad India, IN
Scholsarship$1,800

Officers and trustees

As listed in Part VIII of the 2024 filing.

Questions people ask

Does LSP Foundation Inc accept grant applications?

No. Its IRS filing says it only makes contributions to preselected organizations.

How much does LSP Foundation Inc give?

$25,000 in tax year 2024, across 3 grants, with a typical grant of $2,200.

Who runs LSP Foundation Inc?

Its 2024 filing lists Suman R Patel (Officer).

What does LSP Foundation Inc fund?

Based on its grants, mainly education.

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