LPL Financial Foundation concentrates its funding on intermediaries and capacity-building organizations that support philanthropy and nonprofit operations, while also investing in financial education and access, higher education (including an HBCU), and community development. Grants are typically large, unrestricted operational support awards to established organizations and platforms that can deploy funds broadly or scale financial literacy and inclusion programs. The foundation shows a preference for national nonprofit intermediaries and finance-focused education initiatives, with occasional direct investments in community development and college support.
Highly concentrated giving with a small number of large, operational-support grants; tendency to fund national intermediaries and finance/education programs. Mix of repeat funding to philanthropic intermediaries and one-off large gifts to mission-aligned education and community development organizations.
A $1,945,802 operational-support grant to American Online Giving Foundation is the clearest signal in Lpl Financial Foundation Inc’s recent giving: it backs intermediaries that can move resources at scale. The foundation’s largest awards also include $500,000 to American College of Financial Services and $488,036 to Charities Aid Foundation America, showing a pattern of funding established organizations rather than small, one-off projects. Much of the portfolio sits in operational support, with grants that help nonprofits cover core functions and expand delivery capacity. The foundation also supports financial education and access. Its recent awards include $250,000 to Girls Who Invest and $100,000 to Rock the Street Wall Street, both tied to pathways into finance and investment-related learning. Higher education appears as well: Johnson C. Smith University received multiple operational grants, including a $258,600 award, alongside smaller support in later years. Community development is another thread, through grants to LISC and to local service organizations such as Communities in Schools of Charlotte Mecklenburg Inc and Junior Achievement affiliates. The result is a grantmaker that tends to favor organizations with infrastructure, reach, and the ability to deploy unrestricted support effectively.
Operational support is the dominant mode across the portfolio. Lpl Financial Foundation Inc awarded $387,750 to Lisc (Local Initiatives Support Corporation) and $50,000 to Communities in Schools of Charlotte Mecklenburg Inc, both as operational support, pointing to a preference for funding the capacity behind service delivery. Financial education is another clear theme. The foundation gave $100,000 to Score Foundation for operational support, and it supported Rock the Street Wall Street twice in the recent grant list, including a $100,000 award and a $50,000 award, both for operational support. In higher education, Johnson C Smith University received $258,600 and an additional $50,000, again as operational support. The portfolio also reaches young people through Junior Achievement of Central Carolinas Inc and Junior Achievement of San Diego County, each funded for operational support. Smaller grants extend to service organizations such as Year Up and Greater Boston Legal Services Inc.
$2.3M
$7.8M
$3.3M
$3.1M
Most grants fall between $205 and $515, with a median of $500.
25th Percentile
$205
Median
$500
75th Percentile
$515
About 7% of grants go to recipients in CA.
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Notable grantees: American Online Giving Foundation, Charities Aid Foundation America (CAF America), American College of Financial Services, Girls Who Invest, Johnson C. Smith University
The typical grant size is small on the low end and modest at the middle: p25 is $205, median is $500, and p75 is $515. That sits alongside a few very large awards, which makes the distribution highly skewed. The foundation appears to make recurring grants to some recipients across multiple years, including Charities Aid Foundation America, Givinga Foundation Inc, and Johnson C Smith University. It is a regular funder rather than a donor-advised fund, does not fund individuals, and does not make program-related investments. The visible pattern is operational support rather than restricted project funding.
Giving is national, with all listed grants in the United States. California appears most often in the recipient mix, including grants to San Diego-based organizations, California State University San Marcos Foundation in San Marcos, and Operation Gratitude in Encino. Charlotte, North Carolina is another recurring destination through Johnson C Smith University, Communities in Schools of Charlotte Mecklenburg Inc, Junior Achievement of Central Carolinas Inc, Big Brothers Big Sisters of Central Carolinas, and Classroom Central Inc. Boston-based grantees also appear, including Year Up, Greater Boston Legal Services Inc, and City Year Boston.
It repeatedly funds intermediaries and capacity-building organizations, especially those tied to philanthropy infrastructure, financial education, and operational support. Recent examples include American Online Giving Foundation, Charities Aid Foundation America, American College of Financial Services, Girls Who Invest, and Lisc (Local Initiatives Support Corporation).
Most grants are small: the p25 is $205, the median is $500, and the p75 is $515. The recent list also includes a few much larger operational awards, so the overall pattern is highly uneven.
Yes. Several grantees appear more than once in the recent grant list, including Charities Aid Foundation America, Givinga Foundation Inc, Johnson C Smith University, and Rock the Street Wall Street. The repeated awards suggest ongoing relationships rather than isolated gifts.
The recent grants cluster around operational support for philanthropy intermediaries, financial education, higher education, and community development. Named recipients include American College of Financial Services, Girls Who Invest, Johnson C Smith University, Lisc, and Junior Achievement affiliates.
2025
Source: IRS Form 990-PF, fiscal year 2025.
Most recent grants reported to the IRS.
| Recipient | Location | Amount | Year | Purpose |
|---|---|---|---|---|
| American Online Giving Foundation | Newark, DE | $1,945,802 | 2025 | Operational Support |
| Charities Aid Foundation America | Alexandria, VA | $335,549 | 2025 | Operational Support |
| FOR KIDS SAKE FOUNDATION INCORPORATED | ATTLEBORO, MA | $5,000 | 2025 | Operational Support |
| Angel Flight NE | North Andover, MA | $5,000 | 2025 | Operational Support |
| CLASSROOM CENTRAL INC | Charlotte, NC | $3,500 | 2025 | Operational Support |
| PROJECT HELPING | CENTENNIAL, CO | $2,642 | 2025 | Operational Support |
| Big Brothers Big Sisters of Eastern Massachusetts | BOSTON, MA | $2,500 | 2025 | Operational Support |
| ANIMAL RESCUE LEAGUE OF BOSTON | Dedham, MA | $2,500 | 2025 | Operational Support |
| New England Center and Home for Veterans | BOSTON, MA | $1,800 | 2025 | Operational Support |
| CREATIVE MINDS NYC INC | NEW YORK, NY | $1,650 | 2025 | Operational Support |
| WEALTH PLANNING FOUNDATION | Rochester, MI | $1,544 | 2025 | Operational Support |
| Families Forward Charlotte | Charlotte, NC | $1,500 | 2025 | Operational Support |
| SECOND HARVEST FOOD BANK OF METROLINA INC | CHARLOTTE, NC | $1,500 | 2025 | Operational Support |
| ANVIL OF HOPE | SAN DIEGO, CA | $1,500 | 2025 | Operational Support |
| American Red Cross | Charlotte, NC | $1,500 | 2025 | Operational Support |
| First Gen Scholars | San Diego, CA | $1,500 | 2025 | Operational Support |
| ST PIUS X ELEMENTARY SCHOOL | LOMBARD, IL | $1,030 | 2025 | Operational Support |
| GREATER BOSTON LEGAL SERVICES INC | BOSTON, MA | $1,000 | 2025 | Operational Support |
| HUMANE SOCIETY OF CHARLOTTE INC | Charlotte, NC | $1,000 | 2025 | Operational Support |
| SETON HALL PREPARATORY SCHOOL | WEST ORANGE, NJ | $618 | 2025 | Operational Support |
| PARADISE CHRISTIAN YOUTH CAMP | South Barrington, IL | $515 | 2025 | Operational Support |
| JENISON CHRISTIAN SCHOOL | JENISON, MI | $515 | 2025 | Operational Support |
| ST FRANCIS BORGIA HIGH SCHOOL | Washington, MO | $515 | 2025 | Operational Support |
| STS PETER & PAUL SCHOOL | GRANGEVILLE, ID | $515 | 2025 | Operational Support |
| SAINTS PETER & PAUL ELEMENTARY SCHO | EASTON, MD | $515 | 2025 | Operational Support |
| PRISMA HEALTH MIDLANDS FOUNDATION | COLUMBIA, SC | $515 | 2025 | Operational Support |
| ST PATRICK CATHOLIC SCHOOL | LARGO, FL | $515 | 2025 | Operational Support |
| FREDERICA ACADEMY | SAINT SIMONS ISLAND, GA | $515 | 2025 | Operational Support |
| ASSUMPTION HIGH SCHOOL | LOUISVILLE, KY | $515 | 2025 | Operational Support |
| TORAH DAY SCHOOL OF DALLAS | DALLAS, TX | $515 | 2025 | Operational Support |
| GENERAL JOHN NIXON PTO INC | SUDBURY, MA | $515 | 2025 | Operational Support |
| DEPAUL PROPERTIES INC | ROCHESTER, NY | $515 | 2025 | Operational Support |
| LAKELAND CHRISTIAN SCHOOL | Lakeland, FL | $515 | 2025 | Operational Support |
| YORK CATHOLIC HIGH SCHOOL | YORK, PA | $515 | 2025 | Operational Support |
| ST CATHERINE OF SIENA | METAIRIE, LA | $515 | 2025 | Operational Support |
| BNAI SHALOM DAY SCHOOL | GREENSBORO, NC | $515 | 2025 | Operational Support |
| Notre Dame High School of West Have | West Haven, CT | $515 | 2025 | Operational Support |
| THE EPSTEIN SCHOOL | ATLANTA, GA | $515 | 2025 | Operational Support |
| MASON GENERAL HOSPITAL FOUNDATION | Shelton, WA | $515 | 2025 | Operational Support |
| CHARLOTTE LATIN SCHOOL | Charlotte, NC | $515 | 2025 | Operational Support |
| NOTRE DAME HIGH SCHOOL | WEST HAVEN, CT | $515 | 2025 | Operational Support |
| LPL FINANCIAL FOUNDATION INC | BOSTON, MA | $401 | 2025 | Operational Support |
| CHEROKEE CHRISTIAN SCHOOLS | WOODSTOCK, GA | $360 | 2025 | Operational Support |
| CMS FOUNDATION | Charlotte, NC | $283 | 2025 | Operational Support |
| MARQUETTE CATHOLIC HIGH SCHOOL | Alton, IL | $257 | 2025 | Operational Support |
| BISHOP FEEHAN | ATTLEBORO, MA | $257 | 2025 | Operational Support |
| DANA FARBER MASS GENERAL BRIGHAM CA | BOSTON, MA | $257 | 2025 | Operational Support |
| CHRISTIAN BROTHERS ACADEMY | Lincroft, NJ | $257 | 2025 | Operational Support |
| MOUNT DE SALES ACADEMY | BALTIMORE, MD | $257 | 2025 | Operational Support |
| WORLD VISION FOUNDATION | FEDERAL WAY, WA | $209 | 2025 | Operational Support |
FOR KIDS SAKE FOUNDATION INCORPORATED
$5,000Operational Support
Angel Flight NE
$5,000Operational Support
Operational Support
Big Brothers Big Sisters of Eastern Massachusetts
$2,500Operational Support
ANIMAL RESCUE LEAGUE OF BOSTON
$2,500Operational Support
New England Center and Home for Veterans
$1,800Operational Support
CREATIVE MINDS NYC INC
$1,650Operational Support
WEALTH PLANNING FOUNDATION
$1,544Operational Support
ANVIL OF HOPE
$1,500Operational Support
American Red Cross
$1,500Operational Support
First Gen Scholars
$1,500Operational Support
ST PIUS X ELEMENTARY SCHOOL
$1,030Operational Support
SETON HALL PREPARATORY SCHOOL
$618Operational Support
PARADISE CHRISTIAN YOUTH CAMP
$515Operational Support
JENISON CHRISTIAN SCHOOL
$515Operational Support
ST FRANCIS BORGIA HIGH SCHOOL
$515Operational Support
STS PETER & PAUL SCHOOL
$515Operational Support
SAINTS PETER & PAUL ELEMENTARY SCHO
$515Operational Support
ST PATRICK CATHOLIC SCHOOL
$515Operational Support
ASSUMPTION HIGH SCHOOL
$515Operational Support
GENERAL JOHN NIXON PTO INC
$515Operational Support
DEPAUL PROPERTIES INC
$515Operational Support
YORK CATHOLIC HIGH SCHOOL
$515Operational Support
ST CATHERINE OF SIENA
$515Operational Support
BNAI SHALOM DAY SCHOOL
$515Operational Support
Notre Dame High School of West Have
$515Operational Support
THE EPSTEIN SCHOOL
$515Operational Support
MASON GENERAL HOSPITAL FOUNDATION
$515Operational Support
CHARLOTTE LATIN SCHOOL
$515Operational Support
NOTRE DAME HIGH SCHOOL
$515Operational Support
LPL FINANCIAL FOUNDATION INC
$401Operational Support
CHEROKEE CHRISTIAN SCHOOLS
$360Operational Support
MARQUETTE CATHOLIC HIGH SCHOOL
$257Operational Support
BISHOP FEEHAN
$257Operational Support
CHRISTIAN BROTHERS ACADEMY
$257Operational Support
MOUNT DE SALES ACADEMY
$257Operational Support
WORLD VISION FOUNDATION
$209Operational Support