Kermit Lackey Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in UTICA, MI. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $100K in total assets. In 2024, it awarded 5 grants totaling $5K. Net investment income was $8K.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$100K
-6.8% YoY
Annual Giving
$5K
-19.4% YoY
Grant Count
5
+0.0% YoY
Avg Grant Size
$1K
-19.4% YoY
Under IRS private-foundation payout rules, Kermit Lackey Foundation reported a distributable amount of $5K for 2024 — the minimum it must pay out in qualifying distributions.
About Kermit Lackey Foundation
Based on IRS filings
Kermit Lackey Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in UTICA, MI. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $100K in total assets. In 2024, it awarded 5 grants totaling $5K. Net investment income was $8K.
Focus Areas
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $99,546 | $106,847 | $100,030 |
| Revenue | $15,922 | $12,322 | $19,538 |
| Expenses | $22,545 | $17,750 | $27,312 |
| Qualifying Distributions | $5,000 | $6,200 | $7,500 |
| Net Investment Income | $7,877 | $5,272 | $9,681 |
| Distributable Amount | $5,287 | $5,510 | $6,834 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 5 recipients in 2024
Grant Size Distribution
22 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include Capuchin Soup Kitchen ($1,000), National Wildlife Federation ($1,000), Michigan Humane Society ($1,000).
| Recipient | Purpose | Amount |
|---|---|---|
| Capuchin Soup Kitchen Detroit, MI | General Purposes | $1,000 |
| National Wildlife Federation Merrifield, VA | General Purposes | $1,000 |
| Michigan Humane Society Bingham Farms, MI | General Purpose | $1,000 |
| Auburn Hills Baptist Church Auburn Hills, MI | General Purpose | $1,000 |
| Our Lady of the Lakes Waterford Twp, MI | General Purpose | $1,000 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| Stephanie N Marotta | President | 0.25 | $2,000 |
| Gillian Treier | Director | 0.25 | $2,000 |
| Michael J Smith | Director | 0.25 | $2,000 |
| David P Sutherland | Director | 0.25 | $3,500 |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is Kermit Lackey Foundation?
Kermit Lackey Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in UTICA, MI. It holds $100K in total assets as of 2024.
How large is Kermit Lackey Foundation?
As of 2024, Kermit Lackey Foundation holds $100K in total assets with $16K in annual revenue. It awarded 5 grants totaling $5K in 2024.
Where does Kermit Lackey Foundation operate?
Kermit Lackey Foundation has awarded grants in Michigan, New York, Virginia.
What size grants does Kermit Lackey Foundation award?
In 2024, Kermit Lackey Foundation awarded 5 grants totaling $5K — an average of about $1K per grant, based on its IRS Form 990 filings.
How much is Kermit Lackey Foundation required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, Kermit Lackey Foundation reported a distributable amount of $5K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is Kermit Lackey Foundation's EIN?
Kermit Lackey Foundation's EIN (Employer Identification Number) is 20-8676644. IRS Form 990 filing data is available on this page for 2020–2024.
Explore Open Grants
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.
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