Greater Lake City Community Foundation
Community Foundation providing assistance for the betterment of the community. Pillars are Education, Community and Economic Development, Arts and Environment.
Greater Lake City Community Foundation at a glance
In short: Greater Lake City Community Foundation gave $33K across 3 grants in 2025 (avg $11K), mostly in Minnesota. Source: 2025 IRS Form 990.
- Annual giving (2025)
- $32,500
- +225.0% vs 2024
- Grants made (2025)
- 3
- +200.0% vs 2024
- Average grant
- $10,833
- +8.3% vs 2024
- Median grant
- $10,000
- Total assets
- $1,077,714
- +27.4% vs 2024
- Primary geography
- Minnesota (100% of itemized 2025 grant dollars)
- Latest 990 filing
- Form 990, 2025 View filing
Data from IRS Form 990, 2025; updated September 2026.
Who Greater Lake City Community Foundation funds
How this funder distributes its grants
Top Recipients
Top 3 recipients in 2025
The largest 2025 recipient was First Lutheran Church ($15K). Together the top 3 received $33K.
Grant Size Distribution
8 grants across all recorded years
The most common grant size was under $50K: 8 grants of 8 (100%).
Geographic Focus
Where this funder awards grants
Grant Distribution by State
Share of 2025 grant dollars across all 3 itemized grants.
States
Cities
How Greater Lake City Community Foundation gives
- Giving grew 85% from 2022 to 2025. Method
From the foundation's IRS Form 990 filings. Methodology.
Giving History
Giving Over Time
Total grant dollars and number of grants per year
From 2020 to 2025, annual grant giving ranged from $5K (2021) to $33K (2025). In 2025 it made 3 grants totaling $33K.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| First Lutheran Church Lake City, MN | General Donation | $15,000 |
| United Way Red Wing, MN | Childrens Food Program | $10,000 |
| Lake City Area Arts Lake City, MN | Arts Programming | $7,500 |
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Financial History
Multi-year comparison from IRS filings
| Filing year | Total Assets | Revenue | Expenses | Grants paid | Grants | Net Investment Income |
|---|---|---|---|---|---|---|
| 2025 | $1,077,714 | $249,796 | $101,174 | $32,500 | 3 | $56,548 |
| 2024 | $846,137 | $288,254 | $49,320 | $10,000 | 1 | $28,589 |
| 2023 | $547,704 | $138,930 | $40,408 | $10,000 | 1 | $14,707 |
| 2022 | $379,013 | $95,037 | $35,094 | $17,555 | 2 | $9,879 |
| 2021 | $414,083 | $145,094 | $21,212 | $5,450 | 1 | $13,467 |
| 2020 | $256,838 | $50,019 | $15,574 | $8,500 | 1 | $5,883 |
About Greater Lake City Community Foundation
Based on IRS filings
Greater Lake City Community Foundation is a public charity focused on Community Improvement & Capacity Building, based in Lake City, MN. IRS filing data is available from 2020 through 2025. As of 2025, the organization holds $1.1M in total assets. In 2025, it awarded 3 grants totaling $33K. Net investment income was $57K.
Focus Areas
Leadership & Key People
Officers and directors from IRS filings
Greater Lake City Community Foundation is led by Beth Krehbiel, President on every filing since 2020; 1 of 11 officers listed in 2025 is compensated.
Officers on the 2025 filing
Beth Krehbiel
President
On filings since 2020
1 hr/week
No compensation reported
Peter Coyle
Chairman
Director → Chairman, 2024
On filings since 2023
5 hrs/week
No compensation reported
Jolene Harvey
Director
On filings since 2020
1 hr/week
No compensation reported
Gregory Langfield
Director
On filings since 2023
2 hrs/week
No compensation reported
Ann Nibbe
Director
On filings since 2024
1 hr/week
No compensation reported
Mark Nichols
Director
On filings since 2024
5 hrs/week
No compensation reported
Peg Mattke
Director
On filings since 2024
1 hr/week
No compensation reported
Sarah Blaser
Director
New on the 2025 filing
1 hr/week
No compensation reported
Bruce A. Carlstrom
Secretary
Secretary - Assistant Treasurer → Secretary, 2024
On filings since 2020
20 hrs/week
$6K (2024) → $12K (2025)
Heather Banks
Assistant Treasurer
On filings since 2020
1 hr/week
No compensation reported
Steven Lang
Treasurer
On filings since 2020
5 hrs/week
No compensation reported
Former officers (5)
- Former: Erika Blim (2022–2024) — Director
- Former: David James Schreck (2020–2023) — Chairman
- Former: Robert Pope (2020–2023) — Director
- Former: Kim Vetter (2020–2022) — Director
- Former: Sigurd Anderson (2020) — Director
Data from IRS Form 990 filings, 2020–2025. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.
Compensation Overview
From 2025 IRS filing
The highest reported compensation on the 2025 filing was $12K, to Bruce Carlstrom (Secretary).
Frequently asked questions about Greater Lake City Community Foundation
How much does Greater Lake City Community Foundation give each year?
Greater Lake City Community Foundation gave $33K across 3 grants in 2025, according to its 2025 IRS Form 990. In 2024 it gave $10K across 1 grant.
What is Greater Lake City Community Foundation's typical grant size?
Greater Lake City Community Foundation's median grant in 2025 was $10,000, and its average grant was $10,833, across 3 grants on its 2025 IRS Form 990.
Where does Greater Lake City Community Foundation give grants?
Greater Lake City Community Foundation gives mostly in Minnesota: 100% of the grant dollars itemized on its 2025 IRS Form 990 went to recipients there. The most frequent recipient cities were Lake City, MN (2 grants).
Does Greater Lake City Community Foundation give general operating support?
Yes: 33% of Greater Lake City Community Foundation's 2025 grants with a stated purpose (1 of 3) were for general or operating support, per its 2025 IRS Form 990.
How large is Greater Lake City Community Foundation?
Greater Lake City Community Foundation reported $1.1M in total assets on its 2025 IRS Form 990. Its revenue that year was $250K.
What is Greater Lake City Community Foundation?
Greater Lake City Community Foundation is a public charity focused on Community Improvement & Capacity Building, based in Lake City, MN. It holds $1.1M in total assets as of 2025.
What is Greater Lake City Community Foundation's EIN?
Greater Lake City Community Foundation's EIN (Employer Identification Number) is 45-5337894. IRS Form 990 filing data is available on this page for 2020–2025.
Data last updated September 2026. Sourced from IRS Form 990 filings.
Data update history
(6)
When this profile's IRS filing data changed on Grantable
- Updated Form 990 for fiscal year 2020 (received by the IRS January 11, 2022)
- Updated Form 990 for fiscal year 2021 (received by the IRS March 30, 2022)
- Updated Form 990 for fiscal year 2022 (received by the IRS April 4, 2023)
- Updated Form 990 for fiscal year 2023 (received by the IRS May 9, 2024)
- Updated Form 990 for fiscal year 2024 (received by the IRS May 13, 2025)
- Added Form 990 for fiscal year 2025 (received by the IRS May 7, 2026)
Live grants for the work Greater Lake City Community Foundation funds
Community Improvement & Capacity Building Open opportunities, soonest deadline first.
Explore Open Grants
Browse active grant opportunities in Greater Lake City Community Foundation's focus areas in our free grants database
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Greater Lake City Community Foundation down — hundreds of funders to go?