Louchheim Foundation

EIN 95-4125312 Private foundation / grantmaker North Hollywood, CA

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Size

$100K–1M

What they do

A private foundation based in North Hollywood, CA. It reported about $260K in revenue for 2025.

Leadership

Terry L Gilman · President

Money in and out

$260K revenue, $153K expenses

Bottom line

—

A private foundation based in North Hollywood, CA. It reported about $260K in revenue for 2025. For fiscal year 2025 it reported $260K in revenue, $153K in expenses, and $2.0M in net assets.Pt I

Grants paid & assets · FY2025

Total revenue

$260K

Pt VIII · Ln 12

Total expenses

$153K

Pt IX · Ln 25

Net assets

$2.0M

Pt X · Ln 32

Revenue less expenses (Pt I · Ln 19): $107K

Total assets

2.0M

deployed as grants and operations

Grants paid

128K

in FY2025

Grants made

7grants

total in period

Payout rate

of assets (5% rule)

Who They Fund

Part XV · grants paid · 7 grants · $128K · 2025–2025

Hebrew Union College-Jewish InstFY2025$37,500

Harmony ProjectFY2025$20,000

Colab Theater GroupFY2025$20,000

Brooklyn Youth ChorusFY2025$20,000

Lead GuitarFY2025$10,500

WellnestFY2025$10,000

Kipp Socal Public SchoolsFY2025$10,000

Grantmaking Profile

Patterns in foundation giving

Average grantPart XV$18K

Median grantPart XV$20K

Largest grantPart XV$38K

Summary of the Filing

Part I · fiscal year 2025 · Form 990-PF

Revenue

$260K

FY2025▲ +23%

Expenses

$153K

FY2025▲ +4%

Total assets

$2.0M

FY2025▲ +6%

Total liabilities

FY2025

Total revenue

$260K

Pt VIII · Ln 12

Total expenses

$153K

Pt IX · Ln 25

Net assets

$2.0M

Pt X · Ln 32

Total assetsPt II$2.0M

Identity & Classification

Form 990 Header · IRS Business Master File

Legal nameHdr · item CLouchheim Foundation

EINHdr · item D95-4125312

Principal addressHdr · item CNorth Hollywood, CA

WebsiteHdr · item Jnone reported

State of legal domicileHdr · item MCA

Exempt statusHdr · item I501(c)(3) · active

NTEE classificationIRS BMFNonprofit

Ruling yearIRS BMFApr 1988

Governance & Policies

Part VI

Voting members of the governing bodyPt VI · Ln 1apending

Independent voting membersPt VI · Ln 1bpending

Conflict-of-interest policyPt VI · Ln 12a—

Whistleblower policyPt VI · Ln 13—

Document retention policyPt VI · Ln 14—

CEO/top-official compensation independently reviewedPt VI · Ln 15a—

Family or business relationships among officers/directorsPt VI · Ln 2—

Officers, Directors & Key Employees

Part VII, Section A · reportable compensation

Terry L Gilman

President

$0Pt VII · Sec A

Thomas Louchheim

Vice President

$0Pt VII · Sec A

Benjamin Louchheim

CFO

$0Pt VII · Sec A

Jacob Louchheim

Vice President

$0Pt VII · Sec A

Jessica Gilman

Vice President of Giving

$0Pt VII · Sec A

Jennifer Louchheim

Vice President

$0Pt VII · Sec A

Margaret Louchheim

Vice President

$0Pt VII · Sec A

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Statement of Revenue

Part VIII

Investment income$158K · 61%

Contributions & grants$102K · 39%

Investment income61%$158K

Contributions & grants39%$102K

Other revenue$23

Total revenueLn 12$260K

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising

Allocation · columns B–D

84%

16%

Grants & contributions paid $0.84 Operating & administrative $0.16

Grants & contributions paid84%$128K

Operating & administrative16%$25K

Total functional expensesLn 25$153K

Balance Sheet

Part X · end of year

CashLn 1$70K

Total assetsLn 16$2.0M

Total liabilitiesLn 26$0

Total net assetsLn 32$2.0M

Months of cash on handcomputed5.5

Financial Metrics

Form 990 · FY2025 · each ratio shown with the dollars behind it

Liquidity & Payout

Payout rate

Grants paid $0 · Total assets $2.0M

Where the money comes from

Contribution dependence

Contributions & grants — · Total revenue $260K

—

Government reliance

not reported

Earned-income share

not reported

Investment reliance

Investment income $0 · Total revenue $260K

Program self-sufficiency

not reported

Growth & trend

Revenue growth (YoY)

This year $260K · Prior year $212K

+23%

Revenue CAGR

FY2020 $159K · FY2025 $260K

+10%

Net-asset trend (YoY)

End of year $2.0M · Beginning of year —

Beginning net assets not meaningfully positive — showing dollar change

Balance sheet

Surplus Margin

Revenue $260K · Expenses $153K

+41%

Liabilities-to-Assets

Total liabilities — · Total assets $2.0M

—

Net-asset ratio

Net assets $2.0M · Total assets $2.0M

100%

People & payroll

Highest Reported Total Compensation

Individual Terry L Gilman · Reported title PRESIDENT · Highest reported compensation $0 · Total expenses $153K

Personnel share

not reported

Peer comparison

Same NTEE category, revenue band, and state where available. Descriptive — not a grade.

Metric	This org	Peer median	Percentile
Revenue growth	23%	—	—

Straight from the Form 990 — descriptive, not an evaluation. A ratio is hidden when its base is zero or too small to be meaningful; the dollars are always shown.

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Filings & Schedule Manifest

Part IV

III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash

FY2025 (Latest)$260K revenue · viewing · ⤓ 990 PDF

FY2024$212K revenue · ⤓ 990 PDF

FY2023$291K revenue · ⤓ 990 PDF

FY2022$153K revenue · ⤓ 990 PDF

FY2021$294K revenue · ⤓ 990 PDF

FY2020$159K revenue · ⤓ 990 PDF

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Sources

Every figure above is drawn from these filings

Form 990 e-file (XML) · FY2025IRS

Classification, formation year, addressIRS Business Master File

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