US LBM Foundation

What US LBM Foundation does

The US LBM Foundation is a registered 501(c)(3) nonprofit organization established in 2013 by US LBM, the largest privately owned distributor of specialty building materials in the United States. Founded by US LBM President and CEO L.T. Gibson, who also serves as Chairman of the Foundation, the organization operates as the philanthropic arm of US LBM Holdings, LLC, with day-to-day operations led by Executive Director Matt Bowen. Its mission is to support communities in need, with program areas spanning veteran support, housing, youth development, disaster relief, and health and human services.

The Foundation operates four core programs: the Foundation for Giving, which allocates annual funds to US LBM's 400+ division locations for local charitable causes; the annual Charity Golf Tournament, the flagship fundraising event that raised more than $2.75 million at its eighth edition at Omni PGA Frisco in October 2024; the Humanitarian Award, recognizing US LBM associates for community impact with $10,000 grants; and the Mark Francis Memorial Scholarship Fund supporting technical education in the building materials industry. The Foundation also provides direct disaster relief grants to associates and communities impacted by natural disasters, with a $500,000 commitment deployed in 2024.

Its business model is purely donations-based and philanthropy-driven, with no commercial revenue streams. Funding comes from US LBM, company associates, vendor and customer contributions, and annual fundraising events. Grant applications and program operations are managed through the Benevity platform, while donations are processed via PayPal. The Foundation has cumulatively donated over $8 million since inception, with flagship national nonprofit partners including the Gary Sinise Foundation (R.I.S.E. program), Team Rubicon, Make-A-Wish Foundation, Team Joseph, United Heroes League, Habitat for Humanity, and Veterans Community Project. The Foundation is headquartered at US LBM's mailing address in Atlanta, Georgia, and its governance board is drawn from US LBM's executive leadership team.

Name

US LBM Foundation

Legal name

US LBM Foundation

Website

https://uslbmfoundation.org

Company type

Private

Founded year

2013

Operating status

Operating

Short description

The US LBM Foundation is a 501(c)(3) nonprofit established in 2013 as the philanthropic arm of US LBM Holdings. It funds veteran support, housing, youth development, disaster relief, and health programs through donations, an annual golf tournament, and division-level grants, having donated over $8 million since inception.

Ownership category

akta.pro rank

Product category

Charitable Foundation

NAICS

Grantmaking Foundations (813211), Grantmaking and Giving Services (81321)

akta.pro primary industry

Corporate Foundations & CSR Grantmaking (BPAGAKAC)

Keywords

• Charitable foundation services
• Disaster relief grants
• Veteran housing support
• Youth development programs
• Community philanthropy

Headquarters

HQ city

Buffalo Grove

HQ country

United States

HQ region

North America

Offices1 record

Markets served

GTM type

B2B

Offering type

Services

Cost components

Others, Personnel, Marketing or Sales, Operations

Revenue model

1. Charitable Donations from US LBM: The foundation receives financial contributions from US LBM, the company's associates, and through annual fundraising events. The foundation was created in 2013 by US LBM to help fulfill the company's mission of giving back to communities.
2. Golf Tournament Fundraising: Annual charity golf tournament serves as the primary fundraising event. The eighth edition held at Omni PGA Frisco in October 2024 raised more than $2.75 million to support veteran causes, disaster relief, and children's charities.
3. Foundation for Giving Program: Program that allocates funds to US LBM divisions to support charitable causes important to local teams and communities.

Distribution channels4 records

Marketing channels4 records

Core offering

The US LBM Foundation is a registered 501(c)(3) nonprofit organization that channels charitable donations to community causes across the United States. It supports veteran housing, disaster relief, youth development, and health and human services through grants, partnerships with national nonprofits, and division-level giving programs. Funding is generated from US LBM corporate contributions, associate donations, and annual fundraising events such as the charity golf tournament.

Product overview

The US LBM Foundation is a 501(c)(3) charitable nonprofit organization established in 2013 by US LBM, a leading specialty building materials distributor. The foundation operates as a single unified philanthropic entity rather than a software platform. Its core programs include the Foundation for Giving (which provides annual grant allocations to US LBM divisions for local charitable causes), the annual Charity Golf Tournament (a major fundraising event that raised over $2.75 million in 2024), the Humanitarian Award program (recognizing associate community service with $10,000 grants), and the Mark Francis Memorial Scholarship Fund. The foundation channels donations to five key program areas: veteran support, housing, youth development, disaster relief, and health and human services.

Differentiator

Problem solved

Functional benefit

Products and services

• Foundation for Giving An annual funding program that allocates funds to US LBM divisions, empowering them to support charitable causes in their local communities through a structured grant application process managed via Benevity.
• US LBM Foundation Charity Golf Tournament Annual charity golf tournament fundraiser, currently in its eighth edition, held at venues such as Omni PGA Frisco and TPC Sawgrass. The 2024 tournament raised more than $2.75 million.
• Humanitarian Award Annual award recognizing US LBM associates for exceptional humanitarian and community service. Recipients receive a $10,000 grant from the foundation to donate to a charity of their choosing.
• Mark Francis Memorial Scholarship Fund Scholarship fund established in partnership with Shelly's Supply and Upper Bucks Vocational School to support young adults pursuing education or careers in the LBM industry. The US LBM Foundation matches dollar-for-dollar the first $25,000 raised.
• Disaster Relief Grants Direct disaster relief grants to US LBM associates and communities impacted by natural disasters, including hurricanes. In 2024, the foundation committed $500,000 to disaster relief efforts.

Quantifiable outcome

• Over $2.75 million raised at 2024 charity golf tournament
• +5 more outcomes

Named customers5 records

Segments4 records

Ideal customer profiles3 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Integration2 records

Partnerships

Eight partnerships are on record, tiered core, flagship and minor.

• Team RubiconcoreStrategic or Co-development PartnerPartnership with Team Rubicon provides assistance for disaster relief projects across the country wherever aid is needed most. The foundation contributed $32,500 to Team Rubicon on top of a $150,000 pledge for 2024, and divisions donated $25,000 through Foundation for Giving.
• Gary Sinise FoundationflagshipStrategic or Co-development PartnerThe foundation has donated over $2 million, discounted building materials and design services to the Gary Sinise Foundation's R.I.S.E. program which provides mortgage-free, specially-adapted homes for severely wounded veterans. In 2023, $550,000 was donated, with total contributions exceeding $1.1 million since 2020.
• Make-A-Wish FoundationcoreStrategic or Co-development PartnerUS LBM works with the Make-A-Wish Foundation to grant life-changing wishes for children and families battling chronic illnesses.
• Team JosephcoreStrategic or Co-development PartnerPartnership with Team Joseph, an organization that fights for children and young adults battling Duchenne Muscular Dystrophy.
• United Heroes LeaguecoreStrategic or Co-development PartnerPartnership with United Heroes League provides children of military service members access to youth sports through sporting camps and equipment. The foundation donated over $50,000 in 2024, sponsoring events such as the Camo Golf Classic and a hockey clinic for military kids in the Dallas-Fort Worth area.
• David Foster FoundationminorStrategic or Co-development PartnerThe David Foster Foundation promotes and supports organ donation for children in need. Recipient of funds raised by the 2024 golf tournament.
• Veterans Community ProjectcoreStrategic or Co-development PartnerPartnership with Veterans Community Project, a nonprofit dedicated to ending veteran homelessness. The foundation provided $25,000 along with US LBM providing discounted building materials to assist in building a tiny home community in Sioux Falls, S.D.
• Habitat for HumanitycoreStrategic or Co-development PartnerPartnership providing housing for those in need. Over $100,000 was donated to various Habitat for Humanity locations across the country in 2024 through the Foundation for Giving program.

Scale indicators18 records

Recent moves5 records

Expansion highlights4 records

Direct peers

• Veterans Community Project: Nonprofit dedicated to ending veteran homelessness through tiny-home communities; US LBM Foundation contributed $25,000 plus discounted building materials for a Sioux Falls tiny-home community. Direct peer and partner in veteran housing.
• Gary Sinise Foundation: Major veteran-serving nonprofit operating the R.I.S.E. program that builds mortgage-free, specially adapted smart homes for severely wounded veterans — the same program US LBM Foundation has supported with over $2 million in materials, design services, and cash since 2020.
• Team Rubicon: Veteran-led disaster response organization. US LBM Foundation gave $32,500 plus a $150,000 2024 pledge, making Team Rubicon both a strategic grantee and a direct peer in veteran-focused disaster relief.
• United Heroes League: Nonprofit providing youth sports access to children of military service members — a direct partner receiving over $50,000 from US LBM Foundation in 2024, with overlapping mission in military-family support.
• Habitat for Humanity International: National nonprofit building affordable housing, including for veterans and disaster-affected families. US LBM Foundation donated over $100,000 to various Habitat affiliates in 2024 through Foundation for Giving, making Habitat both a grantee and a direct peer in mission.
• Boys & Girls Clubs of America: National youth-development nonprofit; US LBM Foundation's 2026 Humanitarian Award on behalf of Nick Cox granted $10,000 to the local Boys & Girls Clubs of Wake and Johnston County. Comparable peer in the youth-services cause area.
• Make-A-Wish Foundation: National nonprofit granting wishes to children with critical illnesses — a flagship US LBM Foundation partner. Operates at far larger scale but is comparable as a peer charitable foundation with overlapping children-and-health program areas.
• Team Joseph: Nonprofit funding research and family support for children with Duchenne Muscular Dystrophy. Direct peer in health/human-services giving and a US LBM Foundation partner organization.

Broad incumbents

• The Home Depot Foundation: Corporate foundation of the largest U.S. home improvement retailer, funding veteran housing (via Habitat for Humanity), disaster relief, and skilled trades training. Directly comparable as a building-products-industry corporate foundation operating at far larger scale, sharing the same housing-and-veterans focus areas as US LBM Foundation.
• Lowe's Foundation: Corporate foundation of a major U.S. home improvement retailer, focused on skilled trades workforce development and community improvement. Comparable as a building-products corporate foundation with overlapping community-giving and trades-education missions (US LBM Foundation runs the Mark Francis Memorial Scholarship in the LBM industry).

Market position

Strengths5 records

Weaknesses4 records

Competitive moat3 records

Key risks5 records

Key highlights7 records

Customer concentration

• Xfacebook.com/USLBM
• Facebookfacebook.com/USLBM
• Instagraminstagram.com/uslbm

Revenue estimate

Valuation estimate

Number of profiles

Profiles8 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments2 records

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about US LBM Foundation