Frank I Lamb Foundation

Private foundation · Grantmaker 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.

Frank I Lamb Foundation at a glance

In short: Frank I Lamb Foundation gave $107K across 6 grants in 2022 (avg $18K), mostly in Colorado. Source: 2022 IRS Form 990-PF.

Annual giving (2022)
$106,500
-1.8% vs 2021
Grants made (2022)
6
-33.3% vs 2021
Average grant
$17,750
+47.2% vs 2021
Median grant
$20,000
Total assets
$1,605,202
+1.4% vs 2021
Primary geography
Colorado (100% of itemized 2022 grant dollars)
Latest 990 filing
Form 990-PF, 2022 View filing

Data from IRS Form 990-PF, 2022; updated September 2026.

Who Frank I Lamb Foundation funds

How this funder distributes its grants

Top Recipients

Top 6 recipients in 2022

Pueblo Library District: $30KPueblo Library District$30KSangre De Cristo Community Care: $25KSangre De Cristo CommunityCare$25KSangre De Cristo Arts & Conf Center: $20KSangre De Cristo Arts & ConfCenter$20KCSU Pueblo Foundation: $20KCSU Pueblo Foundation$20KNature & Wildlife Discovery Center: $10KNature & Wildlife DiscoveryCenter$10KHumane Society of Pikes Peak Region: $2KHumane Society of Pikes PeakRegion$2K

The largest 2022 recipient was Pueblo Library District ($30K). Together the top 6 received $107K.

Grant Size Distribution

15 grants across all recorded years

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

The most common grant size was under $50K: 15 grants of 15 (100%).

Geographic Focus

Where this funder awards grants

Grant Distribution by State

1state

Share of 2022 grant dollars across all 6 itemized grants.

States

Cities

PuebloColorado SpringsBeulah

How Frank I Lamb Foundation gives

  • In 2022 it paid out 122% of its IRS minimum distribution (the 5% rule). Method

From the foundation's IRS Form 990-PF filings. Methodology.

Giving History

Giving Over Time

Total grant dollars and number of grants per year

$0$50K$100K$150K9 grants2021 6 grants2022

From 2021 to 2022, annual grant giving ranged from $107K (2022) to $109K (2021). In 2022 it made 6 grants totaling $107K.

Grants by year

Grant recipients and amounts by year

RecipientPurposeAmount
Pueblo Library District Pueblo, COOperating Expenses$30,000
Sangre De Cristo Community Care Pueblo, COCapital Projects$25,000
Sangre De Cristo Arts & Conf Center Pueblo, COOperating Expenses$20,000
CSU Pueblo Foundation Pueblo, COScholarships$20,000
Nature & Wildlife Discovery Center Pueblo, COCapital Projects$10,000
Humane Society of Pikes Peak Region Colorado Springs, COOperating Expenses$1,500
Your AI grants department

Ready to take the next step with Frank I Lamb Foundation?

Fully replaces Grant database subscriptions Instrumentl · Foundation Directory · GrantStation & similar

Financial History

Multi-year comparison from IRS filings

Figures from IRS filings, by filing year
Filing yearTotal AssetsRevenueExpensesGrants paidGrantsQualifying DistributionsNet Investment IncomeDistributable Amount
2022$1,605,202$154,265$131,896$106,5006$108,500$132,605$89,208
2021$1,582,833$160,689$132,772$108,5009—$34,232$97,679

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.

Leadership & Key People

Officers and directors from IRS filings

Frank I Lamb Foundation is led by Jeffrey Shaw, President on every filing since 2021; none of the 3 officers listed in 2022 report compensation.

Officers on the 2022 filing

  • Jeffrey Shaw

    President

    On filings since 2021

    No compensation reported

  • David B. Shaw

    Sec-Treas

    On filings since 2021

    No compensation reported

  • Gregory Leyba

    Vice President

    On filings since 2021

    No compensation reported

Data from IRS Form 990 filings, 2021–2022. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.

Frequently asked questions about Frank I Lamb Foundation

How much does Frank I Lamb Foundation give each year?

Frank I Lamb Foundation gave $107K across 6 grants in 2022, according to its 2022 IRS Form 990-PF. In 2021 it gave $109K across 9 grants.

What is Frank I Lamb Foundation's typical grant size?

Frank I Lamb Foundation's median grant in 2022 was $20,000, and its average grant was $17,750, across 6 grants on its 2022 IRS Form 990-PF.

Where does Frank I Lamb Foundation give grants?

Frank I Lamb Foundation gives mostly in Colorado: 100% of the grant dollars itemized on its 2022 IRS Form 990-PF went to recipients there. The most frequent recipient cities were Pueblo, CO (5 grants).

Does Frank I Lamb Foundation give general operating support?

Yes: 50% of Frank I Lamb Foundation's 2022 grants with a stated purpose (3 of 6) were for general or operating support, per its 2022 IRS Form 990-PF.

Who are Frank I Lamb Foundation's largest grantees?

Frank I Lamb Foundation's largest 2022 grantees include Pueblo Library District ($30,000), Sangre De Cristo Community Care ($25,000) and Sangre De Cristo Arts & Conf Center ($20,000), according to its 2022 IRS Form 990-PF. Together they received 70% of its itemized 2022 grant dollars.

How large is Frank I Lamb Foundation?

Frank I Lamb Foundation reported $1.6M in total assets on its 2022 IRS Form 990-PF. It paid out $109K in qualifying distributions that year, against a required minimum of $89K (roughly 5% of its investment assets).

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.

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

Data update history

(1)

When this profile's IRS filing data changed on Grantable

  1. IRS filings on file for fiscal years 2021–2022

Explore Open Grants

Browse active grant opportunities in Frank I Lamb Foundation's focus areas in our free grants database

Similar Funders

Funders that support many of the same organizations

Gates Family Foundation

Denver, CO

Gates Family Foundation funds public education, natural resources, community development, and informed communities, with a focus on Colorado; capital grants support projects such as construction, renovation, and land acquisition. In 2025, grants ranged from $2,000 to $20 million, with a median of $25,000. It does not accept unsolicited proposals for strategic grants, but qualified Colorado nonprofits can apply for capital grants.

Assets

$423.7M

Grants

374

Total Given

$36.3M

Branches Foundation

Littleton, CO

Assets

—

Grants

5

Total Given

$24K

Temple Hoyne Buell Foundation

Denver, CO

The Temple Hoyne Buell Foundation primarily funds early childhood education and development for children from birth to age five, along with related quality improvement and evaluation, especially in underserved communities and rural Colorado. Most grants are $10,000–$50,000, and funding is focused primarily on Colorado. It accepts unsolicited requests through its responsive grant cycles, though some targeted initiatives are by invitation.

Assets

$477.1M

Grants

486

Total Given

$19.8M

Ken & Gala White Family Foundation

Pueblo, CO

Assets

$213K

Grants

20

Total Given

$39K

The Jackson Foundation

Pueblo, CO

The foundation supports Colorado organizations working in areas such as arts, science, mental health, veterans services, community welfare, and animal and aviation-related programs. Its 2025 grants ranged from $1,000 to $123,000, with a median of $15,850; it funds only preselected organizations and does not accept unsolicited requests.

Assets

$9.2M

Grants

17

Total Given

$415K

Maudeen & E L Hanson Foundation

Beulah, CO

The Maudeen & E L Hanson Foundation’s recent grants supported scholarships and Colorado educational institutions, with all 2025 grant dollars going to Colorado recipients. Typical grants were small—the 2025 median was $4,500—though one large closing grant accounted for most of the year’s giving. A past filing listed an application process for eligible Pueblo City or County students, but it is marked as the foundation’s final return, so current acceptance of requests is not stated.

Assets

—

Grants

6

Total Given

$965K

More similar funders

More Funders in Colorado

The filing figures on this page are open data under CC BY 4.0. About GrantGraph Open

Figures come from Frank I Lamb Foundation's IRS filings (methodology). AI-written summaries, news items and logos are not covered by the open licence. Spot an error? Email hello@grantable.co.

Frank I Lamb Foundation down — hundreds of funders to go?

Want AI to do this for you?