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Foundations / Texas

LMC Foundation

Preselected recipients only Groesbeck, Texas · EIN 205067883

LMC Foundation is a private foundation in Groesbeck, Texas. In tax year 2024 it gave $109,500 in 2 grants; the typical grant was $54,750 and the largest $106,000. 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 up from $102,666 the year before.

0% of its 2024 grantees had not received a grant from it the year before, so most of its money goes to organizations it already funds.

Giving by year

Tax yearGrants paidNumber of grantsAssets
2022$81,5612$1.8 million
2023$102,6662$2.2 million
2024$109,5002$2.4 million

How to apply

LMC Foundation 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 LMC Foundation funds

Where it gives

All of its grants went to recipients in Texas.

StateGrantsAmount
Texas2$109,500

Grants paid in 2024

All 2 grants
RecipientPurposeAmount
Limestone Medical Center
Groesbeck, TX
Purchase equipment for medical center$106,000
Limestone Medical Center
Groesbeck, TX
Cash contribution for employee banquet$3,500

Officers and trustees

As listed in Part VIII of the 2024 filing.

Questions people ask

Does LMC Foundation accept grant applications?

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

How much does LMC Foundation give?

$109,500 in tax year 2024, across 2 grants, with a typical grant of $54,750.

Who runs LMC Foundation?

Its 2024 filing lists Sharon Fredriksson (President), Mary Rand (Vice President), Karon Golden (Secretary) and Donald Altland (Treasurer) among 9 officers and trustees.

What does LMC Foundation fund?

Based on its grants, mainly health.

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