OVERVIEW: The LME Foundation is the philanthropic vehicle of former Goldman Sachs Vice Chairman J. Michael Evans. Evans, via his foundation, focuses his New York City philanthropy on areas like education, youth, and human services.
FUNDING AREAS: Education & Youth, Human Services, Health, Arts & Culture
IP TAKE: The foundation keeps a low profile and does not accept unsolicited proposals. Annual grantmaking via the foundation has varied, but recently had an uptick.
PROFILE: John Michael Evans joined Goldman Sachs in 1993 and eventually rose to role of vice chairman. He is currently president of Alibaba Group. Evans also serves as sole trustee of what's now called the LME Foundation, a low-profile charitable vehicle which gave away just under $4 million in a recent tax year. In prior recent tax years, however, grantmaking has varied, and has often been much lower.
Evans, via his foundation, strongly focuses on New York City institutions. He was once chair of once was chair of the board of directors of Right to Play USA, which uses the "transformative power of play to educate and empower children facing adversity." Evans supports the organization via his foundation, as well as schools and other youth organizations in the city like New Yorkers For Children, The Boys Club Of New York, The Brick Church School, The Spence School, and Teachers College.
Evans also supports health and human services organizations in New York like New York Stem Cell Foundation, Mount Sinai Breast Cancer Center, Robin Hood Foundation, and City Harvest, where Evans serves on the board of directors.
Arts and culture in New York City is another area of interest of this funder, and grantees have included The Museum of City of New York, The Whitney, and The Met.
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The LME Foundation does not provide a clear avenue for getting in touch with Evans, but below is an address:
Bowling Green Station, P.O. Box 73
New York City, NY 10274