LSM FOUNDATION INC: Form 990PF, tax year 2024

View the entire original 990 at ProPublica ↗

Organization: LSM FOUNDATION INC (EIN 47-5545263)
Tax period: 2024-01-01 to 2024-12-31
Filed: 2025-11-13
IRS object ID: 202503179349102930
Schema version: 2024v5.0
Source: Download XML · Original 990 at ProPublica

Every field in the e-filed return. Faint text is the IRS element name, for citing.

Return header
Form 990-PF
Other Expenses Schedule
Taxes Schedule

Return header ReturnHeader

Field	Value	IRS element (for citing)
Return	2025-11-13T16:11:00-05:00	ReturnTs
Tax Period End	2024-12-31	TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

Preparer Firm Name PreparerFirmName

Field	Value	IRS element (for citing)
Business Name Line1	CONSILIUM PARTNER GROUP LLC	BusinessNameLine1Txt

Preparer US Address PreparerUSAddress

Field	Value	IRS element (for citing)
Address Line1	1001 SUMMIT BLVD STE 1150	AddressLine1Txt
City	ATLANTA	CityNm
State Abbreviation	GA	StateAbbreviationCd
ZIP	303196418	ZIPCd

Field	Value	IRS element (for citing)
Return Type	990PF	ReturnTypeCd
Tax Period Begin	2024-01-01	TaxPeriodBeginDt

Filer Filer

Field	Value	IRS element (for citing)
EIN	475545263	EIN

Business Name BusinessName

Field	Value	IRS element (for citing)
Business Name Line1	THE LSM FOUNDATION INC	BusinessNameLine1Txt

Field	Value	IRS element (for citing)
Business Name Control	LSMF	BusinessNameControlTxt
Phone	2022954800	PhoneNum

US Address USAddress

Field	Value	IRS element (for citing)
Address Line1	1212 BANK ST NW	AddressLine1Txt
City	WASHINGTON	CityNm
State Abbreviation	DC	StateAbbreviationCd
ZIP	200070001	ZIPCd

Business Officer BusinessOfficerGrp

Field	Value	IRS element (for citing)
Person	DEBRA LEHMAN-SMITH	PersonNm
Person Title	DIRECTOR	PersonTitleTxt
Phone	2022954800	PhoneNum
Signature	2025-11-10	SignatureDt

Field	Value	IRS element (for citing)
IRS Responsible Prty Info Curr	false	IRSResponsiblePrtyInfoCurrInd

Preparer Person PreparerPersonGrp

Field	Value	IRS element (for citing)
Preparer Person	RACHEL M SKYPEK	PreparerPersonNm
PTIN	P00966186	PTIN
Phone	4044004200	PhoneNum
Preparation	2025-11-10	PreparationDt

Field	Value	IRS element (for citing)
Tax	2024	TaxYr
Build TS	2025-03-06 01:10:19Z	BuildTS

Form 990-PF IRS990PF

Field	Value	IRS element (for citing)
Organization501c3 Exempt PF	Yes (X)	Organization501c3ExemptPFInd
FMV Assets EOY	$384,279	FMVAssetsEOYAmt
Method Of Accounting Cash	Yes (X)	MethodOfAccountingCashInd

Analysis Of Revenue And Expenses AnalysisOfRevenueAndExpenses

Field	Value	IRS element (for citing)
Schedule B Not Required	Yes (X)	ScheduleBNotRequiredInd
Interest On Sav Rev And Expnss	$12,806	InterestOnSavRevAndExpnssAmt
Interest On Sav Net Invst Incm	$12,806	InterestOnSavNetInvstIncmAmt
Interest On Savings Adj Net Incm	$12,806	InterestOnSavingsAdjNetIncmAmt
Dividends Rev And Expnss	$12,831	DividendsRevAndExpnssAmt
Dividends Net Invst Incm	$12,831	DividendsNetInvstIncmAmt
Dividends Adj Net Incm	$12,831	DividendsAdjNetIncmAmt
Total Rev And Expnss	$25,637	TotalRevAndExpnssAmt
Total Net Invst Incm	$25,637	TotalNetInvstIncmAmt
Total Adj Net Incm	$25,637	TotalAdjNetIncmAmt
Taxes Rev And Expnss	$179	TaxesRevAndExpnssAmt
Taxes Net Invst Incm	$179	TaxesNetInvstIncmAmt
Other Expenses Rev And Expnss	$150	OtherExpensesRevAndExpnssAmt
Other Expenses Net Invst Incm	$150	OtherExpensesNetInvstIncmAmt
Tot Opr Expenses Rev And Expnss	$329	TotOprExpensesRevAndExpnssAmt
Tot Opr Expenses Net Invst Incm	$329	TotOprExpensesNetInvstIncmAmt
Tot Opr Expenses Dsbrs Chrtbl	$0	TotOprExpensesDsbrsChrtblAmt
Contri Paid Rev And Expnss	$20,500	ContriPaidRevAndExpnssAmt
Contri Paid Dsbrs Chrtbl	$20,500	ContriPaidDsbrsChrtblAmt
Total Expenses Rev And Expnss	$20,829	TotalExpensesRevAndExpnssAmt
Total Expenses Net Invst Incm	$329	TotalExpensesNetInvstIncmAmt
Total Expenses Dsbrs Chrtbl	$20,500	TotalExpensesDsbrsChrtblAmt
Excess Revenue Over Expenses	$4,808	ExcessRevenueOverExpensesAmt
Net Investment Income	$25,308	NetInvestmentIncomeAmt
Adjusted Net Income	$25,637	AdjustedNetIncomeAmt

Form990 PF Balance Sheets Form990PFBalanceSheetsGrp

Field	Value	IRS element (for citing)
Sav And Temp Cash Invst BOY	$379,471	SavAndTempCashInvstBOYAmt
Sav And Temp Cash Invst EOY	$384,279	SavAndTempCashInvstEOYAmt
Sav And Temp Cash Invst EOYFMV	$384,279	SavAndTempCashInvstEOYFMVAmt
Total Assets BOY	$379,471	TotalAssetsBOYAmt
Total Assets EOY	$384,279	TotalAssetsEOYAmt
Total Assets EOYFMV	$384,279	TotalAssetsEOYFMVAmt
Total Liabilities EOY	$0	TotalLiabilitiesEOYAmt
Org Does Not Follow FASB117	Yes (X)	OrgDoesNotFollowFASB117Ind
Retained Earning BOY	$379,471	RetainedEarningBOYAmt
Retained Earning EOY	$384,279	RetainedEarningEOYAmt
Tot Net Ast Or Fund Balances BOY	$379,471	TotNetAstOrFundBalancesBOYAmt
Tot Net Ast Or Fund Balances EOY	$384,279	TotNetAstOrFundBalancesEOYAmt
Total Liabilities Net Ast BOY	$379,471	TotalLiabilitiesNetAstBOYAmt
Total Liabilities Net Ast EOY	$384,279	TotalLiabilitiesNetAstEOYAmt

Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp

Field	Value	IRS element (for citing)
Tot Net Ast Or Fund Balances BOY	$379,471	TotNetAstOrFundBalancesBOYAmt
Excess Revenue Over Expenses	$4,808	ExcessRevenueOverExpensesAmt
Subtotal	$384,279	SubtotalAmt
Tot Net Ast Or Fund Balances EOY	$384,279	TotNetAstOrFundBalancesEOYAmt

Cap Gains Loss Tx Invst Incm Detail CapGainsLossTxInvstIncmDetail

Cap Gains Loss Tx Invst Incm CapGainsLossTxInvstIncmGrp (3 entries)

PropertyPropertyDesc	How AcquiredHowAcquiredCd	AcquiredAcquiredDt	SoldSoldDt	Gross Sales PriceGrossSalesPriceAmt	Cost Or Other BasisCostOrOtherBasisAmt
18,000 SHARES - FIDELITY FUNDS	D	2023-09-08	2024-01-03	$18,000	$18,000
240,000 SHARES - NEXBANK SSB	D	2023-06-15	2024-06-21	$240,000	$240,000
3,000 SHARES - FIDELITY FUNDS	D	2023-09-08	2024-11-01	$3,000	$3,000

Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp

Field	Value	IRS element (for citing)
Investment Income Excise Tax	$352	InvestmentIncomeExciseTaxAmt
Subtotal	$352	SubtotalAmt
Tax Based On Investment Income	$352	TaxBasedOnInvestmentIncomeAmt
Tax Due	$352	TaxDueAmt

Statements Regarding Acty StatementsRegardingActyGrp

Field	Value	IRS element (for citing)
Legislative Political Acty	false	LegislativePoliticalActyInd
More Than100 Spent	false	MoreThan100SpentInd
Form1120 POL Filed	false	Form1120POLFiledInd
Activities Not Previously Rpt	false	ActivitiesNotPreviouslyRptInd
Changes To Articles Or Bylaws	false	ChangesToArticlesOrBylawsInd
Unrelated Bus Incm Over Limit	false	UnrelatedBusIncmOverLimitInd
Organization Dissolved Etc	false	OrganizationDissolvedEtcInd
Section508e Rqr Satisfied	Yes (true)	Section508eRqrSatisfiedInd
At Least5000 In Assets	Yes (true)	AtLeast5000InAssetsInd
Org Report Or Register State	DC	OrgReportOrRegisterStateCd
Form990 PF Filed With Atty Gen	Yes (true)	Form990PFFiledWithAttyGenInd
Private Operating Foundation	false	PrivateOperatingFoundationInd
New Substantial Contributors	false	NewSubstantialContributorsInd
Own Controlled Entity	false	OwnControlledEntityInd
Donor Advised Fund	false	DonorAdvisedFundInd
Comply With Public Insp Rqr	Yes (true)	ComplyWithPublicInspRqrInd
Website Address	N/A	WebsiteAddressTxt
Individual With Books	DEBRA LEHMAN-SMITH	IndividualWithBooksNm
Phone	2022954800	PhoneNum

Location Of Books US Address LocationOfBooksUSAddress

Field	Value	IRS element (for citing)
Address Line1	1212 BANK ST NW	AddressLine1Txt
City	WASHINGTON	CityNm
State Abbreviation	DC	StateAbbreviationCd
ZIP	20007	ZIPCd

Field	Value	IRS element (for citing)
Foreign Accounts Question	false	ForeignAccountsQuestionInd

Statements Regarding Acty4720 StatementsRegardingActy4720Grp

Field	Value	IRS element (for citing)
Sale Or Exch Disqualified Prsn	false	SaleOrExchDisqualifiedPrsnInd
Brrw Or Lend Disqualified Prsn	false	BrrwOrLendDisqualifiedPrsnInd
Furn Goods Disqualified Prsn	false	FurnGoodsDisqualifiedPrsnInd
Pay Comp Disqualified Prsn	false	PayCompDisqualifiedPrsnInd
Transfer Ast Disqualified Prsn	false	TransferAstDisqualifiedPrsnInd
Payment To Government Official	false	PaymentToGovernmentOfficialInd
Undistributed Income PY	false	UndistributedIncomePYInd
Business Holdings	false	BusinessHoldingsInd
Jeopardy Investments	false	JeopardyInvestmentsInd
Uncorrected PY Jeopardy Invst	false	UncorrectedPYJeopardyInvstInd
Influence Legislation	false	InfluenceLegislationInd
Influence Election	false	InfluenceElectionInd
Grants To Individuals	false	GrantsToIndividualsInd
Grants To Organizations	false	GrantsToOrganizationsInd
Noncharitable Purpose	false	NoncharitablePurposeInd
Rcv Fnds To Pay Prsnl Bnft Cntrct	false	RcvFndsToPayPrsnlBnftCntrctInd
Pay Premiums Prsnl Bnft Cntrct	false	PayPremiumsPrsnlBnftCntrctInd
Prohibited Tax Shelter Trans	false	ProhibitedTaxShelterTransInd
Subj To Tax Rmnrtn Ex Prcht Pymt	false	SubjToTaxRmnrtnExPrchtPymtInd

Officer Dir Trst Key Empl Info OfficerDirTrstKeyEmplInfoGrp

Officer Dir Trst Key Empl OfficerDirTrstKeyEmplGrp (3 entries)

Address Line1USAddress/AddressLine1Txt	CityUSAddress/CityNm	State AbbreviationUSAddress/StateAbbreviationCd	ZIPUSAddress/ZIPCd	TitleTitleTxt	Average Hrs Per Wk Devoted To PosAverageHrsPerWkDevotedToPosRt	CompensationCompensationAmt	Employee Benefit ProgramEmployeeBenefitProgramAmt	Expense Account Other AllwncExpenseAccountOtherAllwncAmt
DEBRA LEHMAN-SMITH
1212 BANK ST NW	WASHINGTON	DC	20007	DIRECTOR	000.00	$0	$0	$0
JAMES MCLEISH III
1212 BAMK ST NW	WASHINGTON	DC	20007	DIRECTOR	000.00	$0	$0	$0
DAVID SMITH
1212 BANK ST NW	WASHINGTON	DC	20007	DIRECTOR	000.00	$0	$0	$0

Field	Value	IRS element (for citing)
Comp Of Hghst Pd Empl Or NONE	NONE	CompOfHghstPdEmplOrNONETxt
Comp Of Hghst Pd Cntrct Or NONE	NONE	CompOfHghstPdCntrctOrNONETxt

Sum Of Program Related Invst SumOfProgramRelatedInvstGrp

Field	Value	IRS element (for citing)
Description1	N/A	Description1Txt

Minimum Investment Return MinimumInvestmentReturnGrp

Field	Value	IRS element (for citing)
Average Monthly FMV Of Sec	$0	AverageMonthlyFMVOfSecAmt
Average Monthly Cash Balances	$391,765	AverageMonthlyCashBalancesAmt
FMV All Other Noncharitable Ast	$0	FMVAllOtherNoncharitableAstAmt
Total FMV Of Unused Assets	$391,765	TotalFMVOfUnusedAssetsAmt
Adjusted Total FMV Of Unused Ast	$391,765	AdjustedTotalFMVOfUnusedAstAmt
Cash Deemed Charitable	$5,876	CashDeemedCharitableAmt
Net Vl Noncharitable Assets	$385,889	NetVlNoncharitableAssetsAmt
Minimum Investment Return	$19,294	MinimumInvestmentReturnAmt

Distributable Amount DistributableAmountGrp

Field	Value	IRS element (for citing)
Minimum Investment Return	$19,294	MinimumInvestmentReturnAmt
Tax Based On Investment Income	$352	TaxBasedOnInvestmentIncomeAmt
Total Tax	$352	TotalTaxAmt
Distributable Before Adj	$18,942	DistributableBeforeAdjAmt
Distributable Before Ded	$18,942	DistributableBeforeDedAmt
Distributable As Adjusted	$18,942	DistributableAsAdjustedAmt

PF Qualifying Distributions PFQualifyingDistributionsGrp

Field	Value	IRS element (for citing)
Expenses And Contributions	$20,500	ExpensesAndContributionsAmt
Qualifying Distributions	$20,500	QualifyingDistributionsAmt

Undistributed Income UndistributedIncomeGrp

Field	Value	IRS element (for citing)
Distributable As Adjusted	$18,942	DistributableAsAdjustedAmt
Undistributed Income PY	$18,768	UndistributedIncomePYAmt
Qualifying Distributions	$20,500	QualifyingDistributionsAmt
Applied To Year1	$18,768	AppliedToYear1Amt
Applied To Current Year	$1,732	AppliedToCurrentYearAmt
Undistributed Income CY	$17,210	UndistributedIncomeCYAmt

Supplementary Information SupplementaryInformationGrp

Field	Value	IRS element (for citing)
Only Contri To Preselected	Yes (X)	OnlyContriToPreselectedInd

Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp (3 entries)

Address Line1RecipientUSAddress/AddressLine1Txt	CityRecipientUSAddress/CityNm	State AbbreviationRecipientUSAddress/StateAbbreviationCd	ZIPRecipientUSAddress/ZIPCd	Recipient Foundation StatusRecipientFoundationStatusTxt	Grant Or Contribution PurposeGrantOrContributionPurposeTxt	AmtAmt	Address Line2RecipientUSAddress/AddressLine2Txt	Business Name Line2RecipientBusinessName/BusinessNameLine2Txt
THE NATIONAL BUILDING MUSEUM
401 F ST NW	WASHINGTON	DC	20001	PC	EDWARD FEINER LECTURE FUND	$12,500
JUBILEE HOUSING
1631 EUCLID ST NW	WASHINGTON	DC	20009	PC	GENERAL OPERATIONS	$3,000	P-5
DIFFA DESIGN INDUSTRIES FOUNDATION
322 WEST 52ND STREET	NEW YORK	NY	10019	PC	GENERAL OPERATIONS	$5,000	PO BOX 228	FIGHTING AIDS

Field	Value	IRS element (for citing)
Total Grant Or Contri Pd Dur Yr	$20,500	TotalGrantOrContriPdDurYrAmt

Analysis Income Producing Acty AnalysisIncomeProducingActyGrp

Int On Sav And Temp Cash Invst IntOnSavAndTempCashInvstGrp

Field	Value	IRS element (for citing)
Exclusion	14	ExclusionCd
Exclusion	$12,806	ExclusionAmt

Dividends And Interest From Sec Dtl DividendsAndInterestFromSecDtl

Field	Value	IRS element (for citing)
Exclusion	14	ExclusionCd
Exclusion	$12,831	ExclusionAmt

Gain Sales Ast Oth Than Invntry GainSalesAstOthThanInvntryGrp

Field	Value	IRS element (for citing)
Exclusion	18	ExclusionCd

Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp

Field	Value	IRS element (for citing)
Exclusion	$25,637	ExclusionAmt

Field	Value	IRS element (for citing)
Total Income Producing Acty	$25,637	TotalIncomeProducingActyAmt

Trnsfr Trans Rln Nonchrtbl EO TrnsfrTransRlnNonchrtblEOGrp

Field	Value	IRS element (for citing)
Trnsfr Of Cash To Nonchrtbl EO	false	TrnsfrOfCashToNonchrtblEOInd
Trnsfr Other Asset Nonchrtbl EO	false	TrnsfrOtherAssetNonchrtblEOInd
Sales Or Exchanges Of Assets	false	SalesOrExchangesOfAssetsInd
Purchase Of Assets Nonchrtbl EO	false	PurchaseOfAssetsNonchrtblEOInd
Rental Of Facilities Oth Assets	false	RentalOfFacilitiesOthAssetsInd
Reimbursement Arrangements	false	ReimbursementArrangementsInd
Loans Or Loan Guarantees	false	LoansOrLoanGuaranteesInd
Performance Of Services Etc	false	PerformanceOfServicesEtcInd
Sharing Of Facilities Etc	false	SharingOfFacilitiesEtcInd
Relationships Nonchrtbl EO	false	RelationshipsNonchrtblEOInd

Other Expenses Schedule OtherExpensesSchedule

Other Expenses Schedule OtherExpensesScheduleGrp (2 entries)

DescDesc	Revenue And Expenses Per BooksRevenueAndExpensesPerBooksAmt	Net Investment IncomeNetInvestmentIncomeAmt
EXPENSES
BANK CHARGES	$150	$150

Taxes Schedule TaxesSchedule

Taxes Detail TaxesDetail

Field	Value	IRS element (for citing)
Category	TAXES & LICENSES	CategoryTxt
Amt	$179	Amt
Net Investment Income	$179	NetInvestmentIncomeAmt