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Our Services

Private & Family Foundations

Grant Management

Financial Administration & Accounting

Strategic Planning & Governance

Communications & Community Relations

FAQs - Private & Family Foundations

Corporate Foundations

FAQs - Corporate Foundations

Individual Donors & Donor Advised Funds

Professional Advisors

LKM has relieved me of the day-to-day management and record-keeping for the foundation and given me confidence that the affairs of the foundation are being well-managed. This lets me devote my time to the more important matters of serving our charitable goals.

—- President, Marmor Foundation

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Photos on this site show how LKM clients are making a difference.

Financial Administration

With the increased scrutiny being given to private foundations and the impending changes in regulations, it is essential that foundations comply with all laws and take advantage of all available provisions. LKM provides all the administrative, accounting and management services needed to operate efficiently and in compliance with all regulations.

Accounting and Financial Administration

Establishment and maintenance of all accounting and financial reporting systems, including general ledger, disbursements, and cash management. Establishment and maintenance of all books and records in accordance with the regulations governing charitable organizations. On-line access to the foundation's financial reports for all board members is available.

Budgeting

Preparation of foundation's annual budget, assessment of annual distribution requirements and minimization of excise tax liabilities.

Tax and Compliance

Preparation of the foundation’s IRS 990-PF and other required filings. Assurance of compliance with all federal and state regulations concerning the governance and operation of charitable foundations in collaboration with the foundation's legal advisors.

Investment Policy and Monitoring

Assisting the board in developing the foundation's investment strategy, preparation of investment policy guidelines and monitoring their implementation with the foundation's investment managers. Monitoring and reporting investment performance to the board. (LKM does not manage the foundation's assets).

Insurance Administration

Managing of the foundation's insurance and serving as a liaison with the foundation's insurance providers.