The California State Capitol

Form 990-PFTax year 2024EIN 83-2546384

LM1983 Inc

A private foundation in Tustin, CA. Its return for tax year 2024 lists 8 grants and $348,333 paid in grants.

Tax year 2024 (period ending Dec 31, 2024), read from the IRS e-file on Nov 11, 2026. Returns reach the IRS 5 to 18 months after the year they describe.

How to apply

Preselected only

The return checks the box saying the foundation gives only to preselected organizations and does not accept unsolicited requests.

Assets and giving by year

6 returns on file
Grants paid by tax year. The latest year is in blue.
  • Tax year 2024

    $348,333

    Grants listed
    8
    Assets, end of year
    $9,706,645
  • Tax year 2023

    $369,833

    Grants listed
    9
    Assets, end of year
    $7,821,301
  • Tax year 2022

    $361,500

    Grants listed
    9
    Assets, end of year
    $6,579,475
  • Tax year 2021

    $277,500

    Grants listed
    6
    Assets, end of year
    $8,398,809
  • Tax year 2020

    $243,625

    Grants listed
    5
    Assets, end of year
    $6,801,210
  • Tax year 2019

    $14,560

    Grants listed
    5
    Assets, end of year
    $5,964,516

Grants paid in 2024

8 grants, largest first

As listed on the return.

  1. Hoag Hospital FoundationNewport Beach, CA

    Donation

    $100,000
  2. UCI FoundationIrvine, CA

    Donation

    $100,000
  3. Choc Children's FoundationOrange, CA

    Donation

    $63,333
  4. CHP 11-99 FoundationCosta Mesa, CA

    Donation

    $44,000
  5. Harbor Day School Endowment CorpCorona Del Mar, CA

    Donation

    $20,000
  6. Proctor Academy Development OfficeAndover, NH

    Donation

    $10,000
  7. University of San DiegoSan Diego, CA

    Donation

    $10,000
  8. Pebble Beach Company FoundationPebble Beach, CA

    Donation

    $1,000

Where the money goes

By cause: grants to organizations we matched to the IRS list of exempt organizations, by their category.

  1. Health1 grant $100,00069% of the total
  2. Mutual benefit1 grant $44,00030% of the total
  3. Philanthropy and grantmaking1 grant $1,000<1% of the total

By State

Grants to organizations with a US address, latest year.

  1. California7 grants $338,333
  2. New Hampshire1 grant $10,000

Officers, directors and trustees

4 people as filed

As filed on the return, with average hours per week and pay from the foundation.

  • Brittany WelchSECRETARY Hours 10Pay $0
  • Courtney WelchCHIEF FINANCIAL OFFICER Hours 10Pay $0
  • Michu WelchDIRECTOR Hours 0Pay $0
  • Brendan WelchPRESIDENT Hours 10Pay $0

The return

More foundations

Similar foundations

Same main cause (health), giving between a quarter and four times this foundation’s where possible, nearby first.

  1. The Kremer FoundationNewport Beach, CA 3 grants Preselected only $350,000 giving
  2. The Feibusch FoundationLos Angeles, CA 24 grants Preselected only $350,000 giving
  3. The Helen and Jose Colton FoundationLos Angeles, CA 37 grants Preselected only $345,475 giving
  4. The Vollmer Family FoundationNapa, CA 25 grants Preselected only $354,500 giving
  5. Huang Family FoundationNewport Beach, CA 5 grants Preselected only $355,000 giving