Lake City Bank Foundation Inc
Lake City Bank Foundation Inc is a private foundation based in Warsaw, Indiana. It made 19 grants totaling $223,000 in 2025, with all reported grant dollars going to recipients in Indiana.
Lake City Bank Foundation Inc at a glance
In short: Lake City Bank Foundation Inc gave $223K across 19 grants in 2025 (avg $12K), mostly in Indiana. 47% of 2025 grantees were new. Source: 2025 IRS Form 990-PF.
- Annual giving (2025)
- $223,000
- +11.5% vs 2024
- Grants made (2025)
- 19
- +58.3% vs 2024
- Average grant
- $11,737
- -29.6% vs 2024
- Median grant
- $5,000
- Total assets
- $3,904,615
- +1.3% vs 2024
- New grantees (estimate)
- 47% first-time grantees (9 of 19, 2025; small sample)
- Primary geography
- Indiana (100% of itemized 2025 grant dollars)
- Latest 990 filing
- Form 990-PF, 2025 View filing
Data from IRS Form 990-PF, 2025; updated October 2026. New grantees are estimated by matching recipient names across years (methodology).
How to apply to Lake City Bank Foundation Inc
- Accepts unsolicited proposals
- No
- How to Apply
-
The foundation stated on its 2024 IRS filing that it makes contributions only to preselected charitable organizations and does not accept unsolicited requests.
- Contact
Mailing address: 114 E Market St, Warsaw, IN 46580
Phone: (574) 267-9198
Application details from Grantable's research on the foundation's public materials; confirm on its website before applying.
Who Lake City Bank Foundation Inc funds
How this funder distributes its grants
Top Recipients
Top 10 recipients in 2025
The largest 2025 recipient was Goshen College ($50K). Together the top 10 received $198K.
Grant Size Distribution
78 grants across all recorded years
The most common grant size was under $50K: 76 grants of 78 (97%).
Geographic Focus
Where this funder awards grants
All reported 2025 grant dollars went to Indiana recipients.
Grant Distribution by State
Share of 2025 grant dollars across all 19 itemized grants.
States
Cities
Is Lake City Bank Foundation Inc open to new grantees?
47%
first-time grantees, 2025
In 2025, 9 of 19 grantees (47%) were first-time recipients. With only 19 grantees, that is a small sample: one grantee more or less moves the share by about 5 points. First grants averaged $10K; repeat grants $13K. How we count
Medians: $5K first-time, $5K repeat.
- 42% of 2025 grantees were also funded in 2024. Method
- Giving grew 34% from 2022 to 2025. Method
- In 2025 it paid out 95% of its IRS minimum distribution (the 5% rule). Foundations have until the end of the next year to meet it. Method
Estimate from itemized grant lists in IRS Form 990-PF filings (2019–2025). 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
From 2019 to 2025, annual grant giving ranged from $75K (2019) to $223K (2025). In 2025 it made 19 grants totaling $223K.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| Goshen College Goshen, IN | General Operating Support | $50,000 |
| Our Neutral Voices Inc Fort Wayne, IN | General Operating Support | $42,500 |
| Arts United of Greater Fort Wayne Fort Wayne, IN | General Operating Support | $25,000 |
| Flanner House of Indianapolis Indianapolis, IN | General Operating Support | $25,000 |
| Riley Children's Foundation Indianapolis, IN | General Operating Support | $12,500 |
| James Whitcomb Riley Memorial Association DBA Riley Children's Endowment Indianapolis, IN | General Operating Support | $12,500 |
| Questa Education Foundation Inc Fort Wayne, IN | General Operating Support | $10,000 |
| Cultivate Culinary School and Catering Inc DBA Cultivate Food Rescue South Bend, IN | General Operating Support | $10,000 |
| Junior Achievement of Northern IN Inc Fort Wayne, IN | General Operating Support | $5,000 |
| Lacasa of Goshen Inc Goshen, IN | General Operating Support | $5,000 |
Ready to take the next step with Lake City Bank Foundation Inc?
Financial History
Multi-year comparison from IRS filings
| Filing year | Total Assets | Revenue | Expenses | Grants paid | Grants | Qualifying Distributions | Net Investment Income | Distributable Amount |
|---|---|---|---|---|---|---|---|---|
| 2025 | $3,904,615 | $304,402 | $255,178 | $223,000 | 19 | $225,306 | $259,362 | $237,672 |
| 2024 | $3,855,391 | $216,974 | $229,940 | $200,000 | 12 | $202,870 | $167,207 | $225,543 |
| 2023 | $3,868,357 | $137,662 | $203,489 | $173,000 | 19 | $178,033 | $100,294 | $204,779 |
| 2022 | $3,934,737 | $1,189,384 | $194,034 | $166,500 | 15 | $168,345 | $39,013 | $175,964 |
| 2021 | $2,942,910 | $726,319 | $143,512 | $118,000 | 13 | $118,000 | $205,478 | $165,713 |
| 2020 | $2,359,999 | $237,636 | $130,774 | $112,000 | 10 | — | $220,919 | $120,106 |
| 2019 | $2,253,034 | $738,479 | $99,016 | $75,000 | 12 | — | $72,870 | $110,254 |
Under IRS private-foundation payout rules, Lake City Bank Foundation Inc reported a distributable amount of $238K for 2025 — the minimum it must pay out in qualifying distributions.
Research compiled by Grantable AI from public sources. Last updated September 2026.
Mission & Focus Areas
No mission statement for the foundation is provided. Its 2025 grants went to organizations whose work includes higher education, arts and culture, community empowerment, education access, public media, youth preparation, and family stability. For example, Goshen College describes its mission as transforming local and global communities through leaders shaped by academic excellence, real-world experience, and active love for God and neighbor. Arts United of Greater Fort Wayne says it mobilizes resources to support arts and culture in Northeast Indiana. These are the grantees’ descriptions of their own work, not statements of the foundation’s mission.
Grantmaking
In 2025, the foundation made 19 grants totaling $223,000. Grant amounts ranged from $2,000 to $50,000, with a median grant of $5,000. The listed grants were for general operating support.
Notable 2025 grants included $50,000 to Goshen College; $42,500 to Our Neutral Voices; $25,000 each to Arts United of Greater Fort Wayne and Flanner House of Indianapolis; and $12,500 each to Riley Children’s Foundation and James Whitcomb Riley Memorial Association dba Riley Children’s Endowment.
Leadership & Key People
Leadership team and compensation from IRS filings
The 2025 filing lists Kristin L. Pruitt as president; Carrie Gutman as vice president; Lisa M. O’Neill as secretary/treasurer; and Samantha Ducey as assistant secretary.
Lake City Bank Foundation Inc is led by Kristin L. Pruitt, President on every filing since 2019; none of the 4 officers listed in 2025 report compensation.
Officers on the 2025 filing
Kristin L. Pruitt
President
On filings since 2019
0.2 hrs/week
No compensation reported
Lisa M. O'Neill
Secretary & Treasurer
On filings since 2019
0.2 hrs/week
No compensation reported
Samantha Ducey
Assistant Secretary
On filings since 2019
0.3 hrs/week
No compensation reported
Carrie Gutman
Vice President
New on the 2025 filing
0.2 hrs/week
No compensation reported
Former officers (1)
- Former: Jonathan P. Steiner (2019–2024) — Vice President
Data from IRS Form 990 filings, 2019–2025. "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 Lake City Bank Foundation Inc
How much does Lake City Bank Foundation Inc give each year?
Lake City Bank Foundation Inc gave $223K across 19 grants in 2025, according to its 2025 IRS Form 990-PF. In 2024 it gave $200K across 12 grants.
What is Lake City Bank Foundation Inc's typical grant size?
Lake City Bank Foundation Inc's median grant in 2025 was $5,000, and its average grant was $11,737, across 19 grants on its 2025 IRS Form 990-PF. Organizations receiving their first grant from Lake City Bank Foundation Inc that year got $10K on average.
Where does Lake City Bank Foundation Inc give grants?
Lake City Bank Foundation Inc gives mostly in Indiana: 100% of the grant dollars itemized on its 2025 IRS Form 990-PF went to recipients there. The most frequent recipient cities were Fort Wayne, IN (5 grants), Goshen, IN (3 grants), Indianapolis, IN (3 grants) and South Bend, IN (3 grants).
Does Lake City Bank Foundation Inc give general operating support?
Yes: 100% of Lake City Bank Foundation Inc's 2025 grants with a stated purpose (19 of 19) were for general or operating support, per its 2025 IRS Form 990-PF.
Who are Lake City Bank Foundation Inc's largest grantees?
Lake City Bank Foundation Inc's largest 2025 grantees include Goshen College ($50,000), Our Neutral Voices Inc ($42,500) and Arts United of Greater Fort Wayne ($25,000), according to its 2025 IRS Form 990-PF. Together they received 53% of its itemized 2025 grant dollars.
How large is Lake City Bank Foundation Inc?
Lake City Bank Foundation Inc reported $3.9M in total assets on its 2025 IRS Form 990-PF. It paid out $225K in qualifying distributions that year, against a required minimum of $238K (roughly 5% of its investment assets). Falling short in one year is not a violation: foundations have until the end of the next year to meet the minimum.
What does Lake City Bank Foundation Inc fund?
No mission statement for the foundation is provided. Its 2025 grants went to organizations whose work includes higher education, arts and culture, community empowerment, education access, public media, youth preparation, and family stability. See mission & focus areas ↑
How do I apply for a grant from Lake City Bank Foundation Inc?
The foundation stated on its 2024 IRS filing that it makes contributions only to preselected charitable organizations and does not accept unsolicited requests. Eligibility and process details are in the grantmaking section of this profile. See how to apply ↑
What is Lake City Bank Foundation Inc's EIN?
Lake City Bank Foundation Inc's EIN (Employer Identification Number) is 82-0991793. IRS Form 990 filing data is available on this page for 2019–2025.
Does Lake City Bank Foundation Inc 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 September 2026.
Data update history
(8)
When this profile's IRS filing data changed on Grantable
- Updated Form 990-PF for fiscal year 2019 (received by the IRS June 9, 2020)
- Updated Form 990-PF for fiscal year 2020 (received by the IRS May 17, 2021)
- Updated Form 990-PF for fiscal year 2021 (received by the IRS May 10, 2022)
- Updated Form 990-PF for fiscal year 2022 (received by the IRS October 12, 2023)
- Updated Form 990-PF for fiscal year 2023 (received by the IRS May 7, 2024)
- Updated Form 990-PF for fiscal year 2024 (received by the IRS April 14, 2025)
- Updated Form 990-PF for fiscal year 2025 (received by the IRS April 21, 2026)
- IRS filings on file for fiscal years 2019–2025
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Cite this profile
Grantable. (2026). Lake City Bank Foundation Inc funder profile. GrantGraph. Retrieved October 5, 2026, from https://grantable.co/funders/lake-city-bank-foundation-inc-morg_6d38004c076e4859a46c0fe16fc32a7a
BibTeX
@misc{grantable_820991793_2026,
author = {{Grantable}},
title = {{Lake City Bank Foundation Inc funder profile}},
howpublished = {GrantGraph},
year = {2026},
url = {https://grantable.co/funders/lake-city-bank-foundation-inc-morg_6d38004c076e4859a46c0fe16fc32a7a},
note = {Accessed 2026-10-05. Data licensed CC BY 4.0}
}The figures on this page are open data under CC BY 4.0: reuse them with credit to Grantable and a link. Download the data.
Figures come from Lake City Bank Foundation Inc'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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