Lake Region Healthcare Foundation
The mission of Lake Region Healthcare Foundation is to gather, steward and distribute resources needed to support and advance the mission of lake region healthcare and its affiliates.
Lake Region Healthcare Foundation at a glance
In short: Lake Region Healthcare Foundation gave $1.3M across 3 grants in 2025 (avg $440K), mostly in Minnesota. Source: 2025 IRS Form 990.
- Annual giving (2025)
- $1,320,077
- +986.7% vs 2024
- Grants made (2025)
- 3
- +0.0% vs 2024
- Average grant
- $440,026
- +986.7% vs 2024
- Median grant
- $148,461
- Total assets
- $5,331,653
- +0.1% vs 2024
- Primary geography
- Minnesota (100% of itemized 2025 grant dollars)
- Latest 990 filing
- Form 990, 2025 View filing
Data from IRS Form 990, 2025; updated September 2026.
Who Lake Region Healthcare Foundation funds
How this funder distributes its grants
Top Recipients
Top 3 recipients in 2025
The largest 2025 recipient was Lake Region Healthcare Corporation ($1.2M). Together the top 3 received $1.3M.
Grant Size Distribution
10 grants across all recorded years
The most common grant size was under $50K: 5 grants of 10 (50%).
Geographic Focus
Where this funder awards grants
Grant Distribution by State
Share of 2025 grant dollars across all 3 itemized grants.
States
Cities
How Lake Region Healthcare Foundation gives
- Giving grew 2251% from 2022 to 2025. Method
From the foundation's IRS Form 990 filings. Methodology.
Giving History
Giving Over Time
Total grant dollars and number of grants per year
From 2019 to 2025, annual grant giving ranged from $34K (2021) to $1.7M (2023). In 2025 it made 3 grants totaling $1.3M.
Hatched bars: grants paid as reported on the IRS filing, which lists no individual grants for that year.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| Lake Region Healthcare Corporation Fergus Falls, MN | 3D Mammo Equipment/General Support | $1,166,051 |
| Prairie Ridge Healthcare Elbow Lake, MN | 3D Mammo Equipment | $148,461 |
| Fergus Area College Foundation Fergus Falls, MN | General Support | $5,565 |
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Financial History
Multi-year comparison from IRS filings
| Filing year | Total Assets | Revenue | Expenses | Grants paid | Grants | Net Investment Income |
|---|---|---|---|---|---|---|
| 2025 | $5,331,653 | $1,789,506 | $2,099,582 | $1,320,077 | 3 | $251,054 |
| 2024 | $5,326,936 | $1,387,412 | $600,809 | $121,480 | 3 | $400,718 |
| 2023 | $4,112,918 | $598,275 | $1,970,739 | $1,744,525 | 2 | $244,686 |
| 2022 | $4,965,988 | $638,456 | $207,563 | $56,161 | 2 | $213,081 |
| 2021 | $13,800,860 | $989,912 | $130,535 | $33,724 | Total only | $-10,552 |
| 2020 | $12,270,378 | $594,800 | $170,393 | $133,734 | 4 | $390,387 |
| 2019 | $11,917,114 | $560,909 | $141,644 | $100,515 | 3 | $313,076 |
"Total only": grants paid as reported on the IRS filing, which lists no individual grants for that year.
About Lake Region Healthcare Foundation
Based on IRS filings
Lake Region Healthcare Foundation is a public charity, based in Fergus Falls, MN. IRS filing data is available from 2019 through 2025. As of 2025, the organization holds $5.3M in total assets. In 2025, it awarded 3 grants totaling $1.3M. Net investment income was $251K.
Leadership & Key People
Officers and directors from IRS filings
Lake Region Healthcare Foundation is led by Kent Mattson, CEO since 2021 (on filings since 2019); none of the 7 officers listed in 2025 report compensation.
Officers on the 2025 filing
Kent Mattson
CEO
Clo → CEO - Partial Year, 2020
CEO - Partial Year → CEO, 2021
On filings since 2019
1 hr/week
No compensation reported
Andrew Yaggie
Director & Chair
Chair → Director & Chair, 2021
On filings since 2019
2 hrs/week
No compensation reported
Dic Pickett
Director, Secretary & Treasurer
Secretary & Treasurer → Director, Secretary & Treasurer, 2021
On filings since 2019
2 hrs/week
No compensation reported
Jasmine Sonmor
Director
Director - Partial Year → Director, 2021
On filings since 2020
2 hrs/week
No compensation reported
Joan Gedde
Director
Director - Partial Year → Director, 2021
On filings since 2020
2 hrs/week
No compensation reported
Mary Bressler
Director
On filings since 2022
2 hrs/week
No compensation reported
Chris Johnson
CFO
On filings since 2024
1 hr/week
No compensation reported
Former officers (17)
- Former: Camie Patterson (2022–2024) — CFO
- Former: Carrie Brimhall (2019–2022) — Director
- Former: Crystal Adams (2019–2022) — Director
- Former: Jerry Ness (2019–2022) — Director
- Former: John Erickson (2019–2022) — Director
- Former: Laurel Nelson (2019–2022) — Director
- Former: Debra Ferguson (2021–2022) — Director
- Former: Cedar Walters (2019–2021) — Director
- Former: Gary Spies (2019–2021) — Director
- Former: Kyle Richards (2019–2021) — Former CEO
- Former: Mark Helland (2019–2021) — Director
- Former: Scott Debrito (2019–2021) — Director
- Former: Steve Rufer (2019–2021) — Director
- Former: Deb Ferguson (2019–2020) — Director
- Former: Kathy Burgau (2019–2020) — Director - Partial Year
- Former: Todd McGovern DDS (2019–2020) — Director - Partial Year
- Former: Ed Morgan (2019) — Director - Partial Year
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 Region Healthcare Foundation
How much does Lake Region Healthcare Foundation give each year?
Lake Region Healthcare Foundation gave $1.3M across 3 grants in 2025, according to its 2025 IRS Form 990. In 2024 it gave $121K across 3 grants.
What is Lake Region Healthcare Foundation's typical grant size?
Lake Region Healthcare Foundation's median grant in 2025 was $148,461, and its average grant was $440,026, across 3 grants on its 2025 IRS Form 990.
Where does Lake Region Healthcare Foundation give grants?
Lake Region Healthcare Foundation gives mostly in Minnesota: 100% of the grant dollars itemized on its 2025 IRS Form 990 went to recipients there. The most frequent recipient cities were Fergus Falls, MN (2 grants).
Does Lake Region Healthcare Foundation give general operating support?
Yes: 67% of Lake Region Healthcare Foundation's 2025 grants with a stated purpose (2 of 3) were for general or operating support, per its 2025 IRS Form 990.
How large is Lake Region Healthcare Foundation?
Lake Region Healthcare Foundation reported $5.3M in total assets on its 2025 IRS Form 990. Its revenue that year was $1.8M.
What is Lake Region Healthcare Foundation's EIN?
Lake Region Healthcare Foundation's EIN (Employer Identification Number) is 41-1677288. IRS Form 990 filing data is available on this page for 2019–2025.
Data last updated September 2026. Sourced from IRS Form 990 filings.
Data update history
(8)
When this profile's IRS filing data changed on Grantable
- Updated Form 990 for fiscal year 2019 (received by the IRS August 11, 2020)
- Updated Form 990 for fiscal year 2020 (received by the IRS August 11, 2021)
- Updated Form 990 for fiscal year 2023 (received by the IRS August 15, 2024)
- Updated Form 990 for fiscal year 2022 (received by the IRS August 14, 2023)
- Updated Form 990 for fiscal year 2024 (received by the IRS August 4, 2025)
- Added Form 990 for fiscal year 2025 (received by the IRS August 14, 2026)
- Updated Form 990 for fiscal year 2021 (received by the IRS August 12, 2022)
- IRS filings on file for fiscal years 2019–2024
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The filing figures on this page are open data under CC BY 4.0. About GrantGraph Open
Figures come from Lake Region Healthcare 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.
Lake Region Healthcare Foundation down — hundreds of funders to go?