Lagu Foundation
Lagu Foundation is a private foundation, based in SILVERDALE, WA. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $33K in total assets. In 2024, it awarded 18 grants totaling $60K. Net investment income was $55K.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$33K
-14.2% YoY
Annual Giving
$60K
+5.3% YoY
Grant Count
18
+5.9% YoY
Avg Grant Size
$3K
-0.6% YoY
Under IRS private-foundation payout rules, Lagu Foundation reported a distributable amount of $48K for 2024 — the minimum it must pay out in qualifying distributions.
About Lagu Foundation
Based on IRS filings
Lagu Foundation is a private foundation, based in SILVERDALE, WA. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $33K in total assets. In 2024, it awarded 18 grants totaling $60K. Net investment income was $55K.
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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 | $33,340 | $38,860 | $49,799 |
| Revenue | $56,218 | $47,549 | $31,309 |
| Expenses | $61,738 | $58,488 | $42,016 |
| Qualifying Distributions | $60,000 | $57,000 | $40,500 |
| Net Investment Income | $55,149 | $46,480 | $30,121 |
| Distributable Amount | $48,027 | $41,487 | $39,727 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 10 recipients in 2024
Grant Size Distribution
99 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include Mary's Place ($6,000), Hopelink Literacy ($6,000), Orcas Community Resource Center ($6,000).
| Recipient | Purpose | Amount |
|---|---|---|
| LEGAL VOICE SEATTLE, WA | FOUNDATION ACTIVITIES | $3,000 |
| MARY'S PLACE SEATTLE, WA | FOUNDATION ACTIVITIES | $6,000 |
| ORCAS ISLAND COMMUNITY FOUNDATION EASTSOUND, WA | FOUNDATION ACTIVITIES | $5,000 |
| HAWAIIAN AUDUBON SOCIETY HONOLULU, HI | FOUNDATION ACTIVITES | $5,000 |
| HOPELINK LITERACY REDMOND, WA | FOUNDATION ACTIVITES | $6,000 |
| SILVER CREEK FELLOWSHIP SILVERTOWN, OR | FOUNDATION ACTIVITES | $2,500 |
| MAKE SHIFT ART SPACE BELLINGHAM, WA | FOUNDATION ACTIVITES | $3,000 |
| WASHINGTON NATIONAL PARKS FUND SEATTLE, WA | FOUNDATION ACTIVITES | $3,000 |
| FREEDOM EDUCATION PROJECT PUGSND SEATTLE, WA | FOUNDATION ACTIVITES | $3,000 |
| NWIRP NW IMMIGRANT RIGHTS SEATTLE, WA | FOUNDATION ACTIVITES | $2,500 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| ELAINE THOMAS | OFFICER | 5 | — |
| BURKE T THOMAS | OFFICER | 1 | — |
Frequently Asked Questions
How large is Lagu Foundation?
As of 2024, Lagu Foundation holds $33K in total assets with $56K in annual revenue. It awarded 18 grants totaling $60K in 2024.
Where does Lagu Foundation operate?
Lagu Foundation has awarded grants in Alaska, California, Colorado, Hawaii, Massachusetts, Maryland, Maine, New York, Oregon, Washington.
What size grants does Lagu Foundation award?
In 2024, Lagu Foundation awarded 18 grants totaling $60K — an average of about $3K per grant, based on its IRS Form 990 filings.
How much is Lagu Foundation required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, Lagu Foundation reported a distributable amount of $48K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is Lagu Foundation's EIN?
Lagu Foundation's EIN (Employer Identification Number) is 91-1319639. IRS Form 990 filing data is available on this page for 2020–2024.
Explore Open Grants
Browse active grant opportunities in Lagu Foundation's focus areas in our free grants database
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.
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