Frank I Lamb Foundation

PUEBLO, CO EIN: 23-7273548

Frank I Lamb Foundation is a private foundation, based in PUEBLO, CO. IRS filing data is available from 2021 through 2022. As of 2022, the organization holds $1.6M in total assets. In 2022, it awarded 6 grants totaling $107K. Net investment income was $133K.

Financial Overview

From 2022 IRS Form 990-PF · View filing

Total Assets

$1.6M

+1.4% YoY

Annual Giving

$107K

-1.8% YoY

Grant Count

6

-33.3% YoY

Avg Grant Size

$18K

+47.2% YoY

Under IRS private-foundation payout rules, Frank I Lamb Foundation reported a distributable amount of $89K for 2022 — the minimum it must pay out in qualifying distributions.

About Frank I Lamb Foundation

Based on IRS filings

Frank I Lamb Foundation is a private foundation, based in PUEBLO, CO. IRS filing data is available from 2021 through 2022. As of 2022, the organization holds $1.6M in total assets. In 2022, it awarded 6 grants totaling $107K. Net investment income was $133K.

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

1states

States

Cities

BeulahColorado SpringsPueblo

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$44K$88K$133K$177K20212022
Metric20222021
Total Assets$1,605,202$1,582,833
Revenue$154,265$160,689
Expenses$131,896$132,772
Qualifying Distributions$108,500
Net Investment Income$132,605$34,232
Distributable Amount$89,208$97,679

Giving Over Time

Total grant dollars and number of grants per year

$0$27K$54K$81K$109K9 grants20216 grants2022

Grant Insights

How this funder distributes its grants

Top Recipients

Top 6 recipients in 2022

PUEBLO LIBRARY DISTRICT$30KSANGRE DE CRISTO COMMUNI…$25KSANGRE DE CRISTO ARTS & …$20KCSU PUEBLO FOUNDATION$20KNATURE & WILDLIFE DISCOV…$10KHUMANE SOCIETY OF PIKES …$2K

Grant Size Distribution

15 grants across all recorded years

15<$50K$50–100K$100–250K$250–500K$500K–1M$1–5M$5M+

Giving History

Grant recipients and amounts by year

Among its reported 2022 grants, the largest include Pueblo Library District ($30,000), Sangre De Cristo Community Care ($25,000), Sangre De Cristo Arts & Conf Center ($20,000).

RecipientPurposeAmount
NATURE & WILDLIFE DISCOVERY CENTER PUEBLO, COCAPITAL PROJECTS$10,000
SANGRE DE CRISTO ARTS & CONF CENTER PUEBLO, COOPERATING EXPENSES$20,000
CSU PUEBLO FOUNDATION PUEBLO, COSCHOLARSHIPS$20,000
SANGRE DE CRISTO COMMUNITY CARE PUEBLO, COCAPITAL PROJECTS$25,000
PUEBLO LIBRARY DISTRICT PUEBLO, COOPERATING EXPENSES$30,000
HUMANE SOCIETY OF PIKES PEAK REGION COLORADO SPRINGS, COOPERATING EXPENSES$1,500

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2022 IRS filing

From 2022 filing

NameTitleHoursCompensation
JEFFREY SHAWPRESIDENT
GREGORY LEYBAVICE PRESIDE
DAVID B SHAWSEC-TREAS

Frequently Asked Questions

How large is Frank I Lamb Foundation?

As of 2022, Frank I Lamb Foundation holds $1.6M in total assets with $154K in annual revenue. It awarded 6 grants totaling $107K in 2022.

Where does Frank I Lamb Foundation operate?

Frank I Lamb Foundation has awarded grants in Colorado.

What size grants does Frank I Lamb Foundation award?

In 2022, Frank I Lamb Foundation awarded 6 grants totaling $107K — an average of about $18K per grant, based on its IRS Form 990 filings.

How much is Frank I Lamb Foundation required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2022, Frank I Lamb Foundation reported a distributable amount of $89K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.

What is Frank I Lamb Foundation's EIN?

Frank I Lamb Foundation's EIN (Employer Identification Number) is 23-7273548. IRS Form 990 filing data is available on this page for 2021–2022.

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Data last updated April 2026. Sourced from IRS Form 990-PF filings.

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