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Private Foundation · SC · Private Grantmaking Foundations

Lb Foundation

Greenville, SC  ·  EIN 843411455  ·  Website ↗  ·  990s on ProPublica ↗

Assets

$67.1M

Total Giving

$1.5M

Grants on File

24

Average Grant

$61K

Giving Radius

Where Lb Foundation Has Given

AK — no grants on file AL — no grants on file AR — no grants on file AZ — no grants on file CA — no grants on file CO — no grants on file CT — no grants on file DC — no grants on file DE — no grants on file FL — no grants on file GA — no grants on file HI — no grants on file IA — no grants on file ID — no grants on file IL — no grants on file IN — no grants on file KS — no grants on file KY — no grants on file LA — no grants on file MA — no grants on file MD — no grants on file ME — no grants on file MI — no grants on file MN — no grants on file MO — no grants on file MS — no grants on file MT — no grants on file NC — no grants on file ND — no grants on file NE — no grants on file NH — no grants on file NJ — no grants on file NM — no grants on file NV — no grants on file NY — no grants on file OH — no grants on file OK — no grants on file OR — no grants on file PA — no grants on file RI — no grants on file SC — $1.5M across 24 grants SD — no grants on file TN — no grants on file TX — no grants on file UT — no grants on file VA — no grants on file VT — no grants on file WA — no grants on file WI — no grants on file WV — no grants on file WY — no grants on file
Historical grants to 15 recipients across 1 state. Top concentrations: GREENVILLE ($1.2M, 17 grants), SPARTANBURG ($202K, 5 grants), TAYLORS ($38K, 1 grant), SIMPSONVILLE ($5K, 1 grant).

Section I

How to Apply

All organizations requesting a grant must submit a foundation approved grant application.

On Unsolicited Proposals yes

Restrictions

The Foundation will not make grants to any organizations that have not been determined/recognized as a Section 501(c)(3) public charity by the IRS. The Foundation will concentrate the majority of its support to charitable causes and purposes in South Carolina, but may also provide a minority of its support to benefit charitable, medical, or educational organizations or projects in Vietnam, especially those which improve relations between South Carolina and Vietnam.

Section IV

Recent Grants

Recipient Amount Year
Spartanburg Soup Kitchen $2K 2020
Youthbase $1K 2020
Safe Harbor $45K 2020
Greenville Free Medical Clinic $26K 2020
Generations Group $5K 2020
Family Effect $25K 2021
Spartanburg Soup Kitchen $20K 2021
Youthbase $5K 2021
Soteria Community Development $4K 2021
Poe Mill Achievement Center $106K 2023
Unity Health on Main $33K 2023
Bethlehem Center $101K 2023
Soteria Community Development $400K 2023
Safe Harbor INC $10K 2023
Spartanburg Soup Kitchen $36K 2023
Mill Village Ministries $325K 2023
Sunday Dinner with a Twist $38K 2023
Fostering Great Ideas $23K 2023
Hope Center for Children $43K 2023
Greenville Free Medical Clinic $29K 2022
Safe Harbor INC $48K 2022
Mill Village Ministries $15K 2022
Family Effect $25K 2022
Soteria Community Development $100K 2022

24 grants total

Section VI

Filing History

Year-by-year financial summary from IRS 990-PF filings. Total assets and qualifying distributions show the foundation's growth and giving trajectory.

Year Total Assets Qualifying Distributions Total Revenue Total Expenses
2023 $67.3M $3.3M $2.7M $1.6M
2022 $66.2M $1.2M $63.8M $435K
2021 $2.8M $130K $7K $81K
2020 $2.9M $131K $2.0M $85K
2019 $1.0M $4K $1.0M $20K

Section VII

Foundations Like This One

Similar in focus area, location, and asset size. Worth researching as part of the same campaign.

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Kuznik Charitable Foundation

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$37.8M

Assets