John C Lasko Foundation

Private foundation · Grantmaker Pennington, NJ EIN: 27-6173297

The John C Lasko Foundation is a private foundation based in Pennington, New Jersey. It supports church construction, with its grant program focused on sanctuary construction.

John C Lasko Foundation at a glance

In short: John C Lasko Foundation gave $6.7M across 15 grants in 2024 (avg $448K), top state Georgia. 53% of 2024 grantees were new. Source: 2024 IRS Form 990-PF.

Annual giving (2024)
$6,718,313
-4.0% vs 2023
Grants made (2024)
15
-16.7% vs 2023
Average grant
$447,888
+15.2% vs 2023
Median grant
$500,050
Total assets
$129,555,558
+1.3% vs 2023
New grantees (estimate)
53% first-time grantees (8 of 15, 2024; small sample)
Primary geography
Georgia (22% of itemized 2024 grant dollars)
Latest 990 filing
Form 990-PF, 2024 View filing

Data from IRS Form 990-PF, 2024; updated October 2026. New grantees are estimated by matching recipient names across years (methodology).

How to apply to John C Lasko Foundation

Accepts unsolicited proposals
No
How to Apply

The foundation does not accept unsolicited requests. Its Trust Grant is listed as active; applicants must own the land designated for the church and fund at least 50% of project costs. Funds are not available for debt repayment or non-sanctuary areas. No application process or deadline is stated.

Contact

Mailing address: PO Box 1532, Pennington, NJ 08534
Phone: (212) 852-3049

Application details from Grantable's research on the foundation's public materials; confirm on its website before applying.

Who John C Lasko Foundation funds

How this funder distributes its grants

Top Recipients

Top 10 recipients in 2024

High Peaks Church: $800KHigh Peaks Church$800KPost Falls Baptist Church: $772KPost Falls Baptist Church$772KBethel Baptist Church: $648KBethel Baptist Church$648KRedeemer Church: $622KRedeemer Church$622KFirst United Pentecostal Church of Bufor: $572KFirst United PentecostalChurch of Bufor$572KWayside Presbyterian Church: $533KWayside Presbyterian Church$533KImmanuel Lutheran Church and School: $522KImmanuel Lutheran Church andSchool$522KBluff View Church: $500KBluff View Church$500KRothbury Community Church: $445KRothbury Community Church$445KMaranatha Baptist Church: $317KMaranatha Baptist Church$317K

The largest 2024 recipient was High Peaks Church ($800K). Together the top 10 received $5.7M.

Grant Size Distribution

80 grants across all recorded years

3<$50K$50–100K25$100–250K28$250–500K21$500K–1M3$1–5M$5M+

The most common grant size was in the $250–500K range: 28 grants of 80 (35%).

Geographic Focus

Where this funder awards grants

The Trust Grant supports construction of worship spaces across the nation. In 2024, the largest shares of grant dollars went to recipients in Georgia (22%), New York (12%), Idaho (11%), Iowa (9%), and Michigan (9%).

Grant Distribution by State

21states

Share of 2024 grant dollars across all 15 itemized grants.

Cities

BrunswickDearbornJacksonvilleSpartaAllendaleColonial HgtsCummingDentonDoniphanFowlerHeringtonHollandHughsonIrvingtonKnoxvilleLongmontMaysvilleMorristownNeenahNew Palestine

Is John C Lasko Foundation open to new grantees?

53%

first-time grantees, 2024

In 2024, 8 of 15 grantees (53%) were first-time recipients. With only 15 grantees, that is a small sample: one grantee more or less moves the share by about 7 points. First grants averaged $570K; repeat grants $308K. How we count

Medians: $552K first-time, $260K repeat.

  • 47% of 2024 grantees were also funded in 2023. Method
  • Giving grew 29% from 2021 to 2024. Method
  • In 2024 it paid out 109% of its IRS minimum distribution (the 5% rule). Method

Estimate from itemized grant lists in IRS Form 990-PF filings (2020–2024). Recipient names are matched across years, so a renamed or misspelled grantee can look new; grants to individuals are left out. Methodology.

Giving History

Giving Over Time

Total grant dollars and number of grants per year

$0$2M$4M$6M$8M15 grants2020 17 grants2021 15 grants2022 18 grants2023 15 grants2024

From 2020 to 2024, annual grant giving ranged from $5.2M (2021) to $7.0M (2023). In 2024 it made 15 grants totaling $6.7M.

Grants by year

Grant recipients and amounts by year

RecipientPurposeAmount
High Peaks Church Saranac Lake, NYGeneral Operating$800,040
Post Falls Baptist Church Post Falls, IDGeneral Operating$771,669
Bethel Baptist Church Richmond Hill, GAGeneral Operating$648,046
Redeemer Church Winterset, IAGeneral Operating$621,938
First United Pentecostal Church of Bufor Buford, GAGeneral Operating$571,610
Wayside Presbyterian Church Signal MTN, TNGeneral Operating$533,333
Immanuel Lutheran Church and School Simpsonville, SCGeneral Operating$522,000
Bluff View Church Arpin, WIGeneral Operating$500,050
Rothbury Community Church Rothbury, MIGeneral Operating$444,956
Maranatha Baptist Church Jacksonville, NCGeneral Operating$316,635
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Financial History

Multi-year comparison from IRS filings

Figures from IRS filings, by filing year
Filing yearTotal AssetsRevenueExpensesGrants paidGrantsQualifying DistributionsNet Investment IncomeDistributable Amount
2024$129,555,558$9,817,898$8,210,826$6,718,31315$7,673,076$9,294,567$7,048,222
2023$127,885,935$6,901,866$8,420,402$6,997,19618$7,860,766$6,307,418$6,506,513
2022$129,498,486$9,526,663$6,972,588$5,298,36415$6,204,438$8,907,778$6,627,619
2021$126,651,958$14,465,716$6,563,865$5,227,73117$6,162,955$14,010,363$6,986,705
2020$118,807,496$6,233,720$7,631,818$6,463,57415—$5,611,438$6,211,616

Under IRS private-foundation payout rules, John C Lasko Foundation reported a distributable amount of $7.0M for 2024 — the minimum it must pay out in qualifying distributions.

Research compiled by Grantable AI from public sources. Last updated October 2026.

Mission & Focus Areas

The foundation’s stated mission is to build churches that will last forever and will never deviate or change from God’s mission. Its Trust Grant supports sanctuary construction; applicants must own the land designated for the church. The program does not fund debt repayment or non-sanctuary areas.

Grantmaking

In 2024, the foundation reported 15 grants totaling $6,718,313. Individual grants ranged from $112,047 to $800,040, with a median of $500,050. The largest grants included $800,040 to High Peaks Church in Saranac Lake, New York; $771,669 to Post Falls Baptist Church in Idaho; and $648,046 to Bethel Baptist Church in Richmond Hill, Georgia. All three grants were for general operating purposes.

The foundation’s Trust Grant requires churches to fund at least 50% of project costs. Its program listing is marked active, but the foundation states on its filing that it makes contributions only to preselected charitable organizations.

Leadership & Key People

Leadership team and compensation from IRS filings

The 2024 filing lists Sean H. Cook and Bank of America N.A. as co-trustees.

John C Lasko Foundation's 2024 filing lists 2 officers; all 2 officers listed in 2024 are compensated.

Officers on the 2024 filing

  • Bank Of America N A

    Co-Trustee

    Trustee → Co-Trustee, 2023

    On filings since 2020

    2 hrs/week

    $895K (2020) → $690K (2024)

  • Sean H. Cook

    Co-Trustee

    On filings since 2020

    3 hrs/week

    $84K (2020) → $104K (2024)

Data from IRS Form 990 filings, 2020–2024. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.

Compensation Overview

From 2024 IRS filing

Bank of America N a — Co-Trustee: $690KBank of America N aCo-Trustee$690KSean H Cook — Co-Trustee: $104KSean H CookCo-Trustee$104K

The highest reported compensation on the 2024 filing was $690K, to Bank of America N a (Co-Trustee). 2 officers or directors reported compensation on that filing.

Frequently asked questions about John C Lasko Foundation

How much does John C Lasko Foundation give each year?

John C Lasko Foundation gave $6.7M across 15 grants in 2024, according to its 2024 IRS Form 990-PF. In 2023 it gave $7.0M across 18 grants.

What is John C Lasko Foundation's typical grant size?

John C Lasko Foundation's median grant in 2024 was $500,050, and its average grant was $447,888, across 15 grants on its 2024 IRS Form 990-PF. Organizations receiving their first grant from John C Lasko Foundation that year got $570K on average.

Where does John C Lasko Foundation give grants?

John C Lasko Foundation's top state is Georgia, with 22% of the grant dollars itemized on its 2024 IRS Form 990-PF. The next largest states were New York (12%) and Idaho (11%).

Does John C Lasko Foundation give general operating support?

Yes: 100% of John C Lasko Foundation's 2024 grants with a stated purpose (15 of 15) were for general or operating support, per its 2024 IRS Form 990-PF.

Who are John C Lasko Foundation's largest grantees?

John C Lasko Foundation's largest 2024 grantees include High Peaks Church ($800,040), Post Falls Baptist Church ($771,669) and Bethel Baptist Church ($648,046), according to its 2024 IRS Form 990-PF. Together they received 33% of its itemized 2024 grant dollars.

How large is John C Lasko Foundation?

John C Lasko Foundation reported $129.6M in total assets on its 2024 IRS Form 990-PF. It paid out $7.7M in qualifying distributions that year, against a required minimum of $7.0M (roughly 5% of its investment assets).

What does John C Lasko Foundation fund?

The foundation’s stated mission is to build churches that will last forever and will never deviate or change from God’s mission. Its Trust Grant supports sanctuary construction; applicants must own the land designated for the church. The program does not fund debt repayment or non-sanctuary areas. See mission & focus areas ↑

How do I apply for a grant from John C Lasko Foundation?

The foundation does not accept unsolicited requests. Eligibility and process details are in the grantmaking section of this profile. See how to apply ↑

What is John C Lasko Foundation's EIN?

John C Lasko Foundation's EIN (Employer Identification Number) is 27-6173297. IRS Form 990 filing data is available on this page for 2020–2024.

Does John C Lasko Foundation accept unsolicited proposals?

No, according to Grantable's research on the foundation's published guidelines. See how to apply ↑

Data last updated October 2026. Sourced from IRS Form 990-PF filings. Research dossier generated October 2026.

Data update history

(1)

When this profile's IRS filing data changed on Grantable

  1. IRS filings on file for fiscal years 2020–2024

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

Figures come from John C Lasko 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.

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