Lake Erie Marine Trades Association is a private foundation focused on Education, based in WESTLAKE, OH. IRS filing data is available from 2021 through 2024. As of 2024, the organization holds $15K in total assets. In 2024, it awarded 10 grants totaling $18K. Net investment income was $228.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$15K
+26.2% YoY
Annual Giving
$18K
+28.6% YoY
Grant Count
10
+66.7% YoY
Avg Grant Size
$2K
-22.9% YoY
Under IRS private-foundation payout rules, Lake Erie Marine Trades Association reported a distributable amount of $744 for 2024 — the minimum it must pay out in qualifying distributions.
About Lake Erie Marine Trades Association
Based on IRS filings
Lake Erie Marine Trades Association is a private foundation focused on Education, based in WESTLAKE, OH. IRS filing data is available from 2021 through 2024. As of 2024, the organization holds $15K in total assets. In 2024, it awarded 10 grants totaling $18K. Net investment income was $228.
Focus Areas
Ready to take the next step with Lake Erie Marine Trades Association?
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 | $15,157 | $12,006 | $26,006 |
| Revenue | $28,741 | — | $10,604 |
| Expenses | $18,125 | $14,000 | $12,000 |
| Qualifying Distributions | $18,000 | $14,000 | $12,000 |
| Net Investment Income | $228 | — | — |
| Distributable Amount | $744 | $1,506 | $1,730 |
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
25 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include Great Lakes Community Action Partne ($5,000), Claire Solberg ($2,000), Jonathan Mack ($2,000).
| Recipient | Purpose | Amount |
|---|---|---|
| ANGELINA DECONCINI SANDUSKY, OH | COLLEGE TUITION | $1,000 |
| CLAIRE SOLBERG HURON, OH | COLLEGE TUITION | $2,000 |
| JONATHAN MACK BAY VILLAGE, OH | COLLEGE TUITION | $2,000 |
| EMMA SOLBERG HURON, OH | COLLEGE TUITION | $2,000 |
| ALLISON SCHROEDER PORT CLINTON, OH | COLLEGE TUITION | $1,000 |
| MAGAN SOLBERG HURON, OH | COLLEGE TUITION | $2,000 |
| BRENDAN FALKOWSKI BATH, MI | COLLEGE TUITION | $1,000 |
| ANDREA LASHER ROCKY RIVER, OH | COLLEGE TUITION | $1,000 |
| MOIRA MCGUAN SHAKER HEIGHTS, OH | COLLEGE TUITION | $1,000 |
| GREAT LAKES COMMUNITY ACTION PARTNE FREMONT, OH | EDUCATION COURSE SPONSOR | $5,000 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| WILLIAM G SCHAEFFER | TRUSTEE | — | — |
| MICHELLE L BURKE | TRUSTEE | — | — |
| WILLIAM C HUFFMAN | TRUSTEE | — | — |
| JIM STOUFER | TRUSTEE | — | — |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is Lake Erie Marine Trades Association?
Lake Erie Marine Trades Association is a private foundation focused on Education, based in WESTLAKE, OH. It holds $15K in total assets as of 2024.
How large is Lake Erie Marine Trades Association?
As of 2024, Lake Erie Marine Trades Association holds $15K in total assets with $29K in annual revenue. It awarded 10 grants totaling $18K in 2024.
Where does Lake Erie Marine Trades Association operate?
Lake Erie Marine Trades Association has awarded grants in Michigan, Ohio.
What size grants does Lake Erie Marine Trades Association award?
In 2024, Lake Erie Marine Trades Association awarded 10 grants totaling $18K — an average of about $2K per grant, based on its IRS Form 990 filings.
How much is Lake Erie Marine Trades Association required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, Lake Erie Marine Trades Association reported a distributable amount of $744 on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is Lake Erie Marine Trades Association's EIN?
Lake Erie Marine Trades Association's EIN (Employer Identification Number) is 34-1835791. IRS Form 990 filing data is available on this page for 2021–2024.
Explore Open Grants
Browse active grant opportunities in Lake Erie Marine Trades Association's focus areas in our free grants database
Similar Funders
Funders that support many of the same organizations
Ohio Child Care Resource and Referral
COLUMBUS, OH
Assets
$12.8M
Grants
5,308
Total Given
$279.7M
Columbus Foundation
COLUMBUS, OH
Assets
$2.8B
Grants
1,747
Total Given
$242.7M
The Independent Charitable Gift Fund
HUDSON, OH
Assets
$575.4M
Grants
1,444
Total Given
$62.3M
The Greater Cincinnati Foundation
CINCINNATI, OH
Assets
$1.0B
Grants
1,408
Total Given
$184.4M
The Cleveland Foundation
CLEVELAND, OH
Assets
$3.3B
Grants
1,016
Total Given
$184.2M
The Scripps Howard Foundation
CINCINNATI, OH
Assets
$69.4M
Grants
819
Total Given
$7.4M
Johnson Charitable Gift Fund
CINCINNATI, OH
Assets
$383.4M
Grants
742
Total Given
$46.3M
Nisource Charitable Foundation
COLUMBUS, OH
Assets
$43.0M
Grants
683
Total Given
$7.5M
Dayton Foundation Depository
DAYTON, OH
Assets
$43.0M
Grants
633
Total Given
$20.5M
The Dayton Foundation
DAYTON, OH
Assets
$649.6M
Grants
497
Total Given
$34.0M
Premier Bank Foundation
CANFIELD, OH
Assets
$10.6M
Grants
461
Total Given
$1.4M
Jewish Federation of Cleveland
CLEVELAND, OH
Assets
$597.8M
Grants
409
Total Given
$85.0M
Data last updated April 2026. Sourced from IRS Form 990-PF filings.
What could you do with Lake Erie Marine Trades Association on Grantable?
- Assess strategic fit with your organization
- Draft a tailored letter of inquiry
- Find open RFPs from this funder
- Monitor for new funding opportunities
Go from researching Lake Erie Marine Trades Association to a real strategy.