Financial Administration and Accounting
With the changing regulatory environment and increased scrutiny being given to private foundations, 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.

Preparation of foundation’s annual budget and ongoing budget review, calculation and monitoring 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.