Lake Road Foundation
Lake Road Foundation is a private foundation based in Melville, New York, established in 1993. The foundation operates as an independent grantmaking organization with a focus on providing general grants to various nonprofit organizations.
Key facts about Lake Road Foundation
- EIN
- 13-3745065
- Latest 990 filing
- Form 990-PF, 2025
- Annual giving (2025)
- $1,780,477
- Grants made (2025)
- 68
- Average grant
- $26,183
- Median grant
- $2,413
- New grantees (estimate)
- 46% first-time grantees (31 of 68, 2025)
- Total assets
- $25,206,022
- Primary geography
- New York (83% of itemized 2025 grant dollars)
Data from IRS Form 990-PF, 2025; updated September 2026. New grantees are estimated by matching recipient names across years (methodology).
Who Lake Road Foundation funds
By grant dollars, the top recipient states for Lake Road Foundation's 68 itemized 2025 grants were New York (83%) and District of Columbia (11%). The most frequent recipient cities were New York, NY (21 grants), Mamaroneck, NY (6 grants), Park City, UT (4 grants) and Washington, DC (3 grants). 100% of grants with a stated purpose were for general or operating support.
Is Lake Road Foundation open to new grantees?
46%
first-time grantees, 2025
In 2025, 31 of 68 grantees (46%) were first-time recipients. First grants averaged $5K; repeat grants $44K. How we count
Medians: $1K first-time, $5K repeat.
- 38% of 2025 grantees were also funded in 2024. Method
- Giving fell 40% from 2022 to 2025. Method
- In 2025 it paid out 79% of its IRS minimum distribution (the 5% rule). Foundations have until the end of the next year to meet it. Method
Estimate from itemized IRS Form 990-PF grant lists (2021–2025). Recipient names are matched across years, so a renamed or misspelled grantee can look new; grants to individuals are left out. Methodology.
Next steps with Lake Road Foundation
- How to evaluate Lake Road Foundation as a funder
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Financial Overview
From 2025 IRS Form 990-PF · View filing
Total Assets
$25.2M
-1.8% YoY
Annual Giving
$1.8M
+4.0% YoY
Grant Count
68
+83.8% YoY
Avg Grant Size
$26K
-43.4% YoY
Under IRS private-foundation payout rules, Lake Road Foundation reported a distributable amount of $2.2M for 2025 — the minimum it must pay out in qualifying distributions.
Grantmaking
Lake Road Foundation made 78 grants in fiscal year 2024 (ending April 2024). Recent major grants include:
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
Share of all 68 itemized 2025 grant dollars.
States
Cities
Financial History
Multi-year comparison from IRS filings
As of Fiscal Year Ending April 2024:
- Total Assets: $25,659,609
- Total Revenues: $922,615
- Total Expenses: $1,945,956
- Investment Income and Dividends: $245,822
- Net Gain from Sale of Non-Inventory Assets: $183,554
- Miscellaneous Revenues: $493,239
The foundation's revenue sources are primarily investment-based, with no reported grants or contributions received. The foundation operates with no employees.
| Metric | 2025 | 2024 | 2023 |
|---|---|---|---|
| Total Assets | $25,206,022 | $25,659,609 | $26,908,434 |
| Revenue | $1,821,357 | $922,615 | $565,381 |
| Expenses | $1,896,215 | $1,945,956 | $1,820,256 |
| Qualifying Distributions | $1,780,720 | $1,714,710 | $1,482,238 |
| Net Investment Income | $1,715,326 | $702,454 | $392,543 |
| Distributable Amount | $2,241,752 | $1,890,037 | $1,722,240 |
Data update history
When this profile's IRS filing data changed on Grantable
- IRS filings on file for fiscal years 2021–2025
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 2025
Grant Size Distribution
284 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2025 grants, the largest recipients include Jewish Communal Fund ($1,110,000), Third Way Institute ($100,000), Media Matters for America ($100,000).
| Recipient | Purpose | Amount |
|---|---|---|
| JEWISH COMMUNAL FUND New York, NY | GENERAL | $1,110,000 |
| THIRD WAY INSTITUTE Washington, DC | GENERAL | $100,000 |
| MEDIA MATTERS FOR AMERICA Washington, DC | GENERAL | $100,000 |
| THE AFYA FOUNDATION Yonkers, NY | GENERAL | $75,000 |
| CENTER FOR JEWISH CULTURE & CREATIVITY New York, NY | GENERAL | $50,000 |
| AGAHOZO-SHALOM YOUTH VILLAGE New York, NY | GENERAL | $40,000 |
| WESTCHESTER JEWISH COMMUNITY SERVICES White Plains, NY | GENERAL | $25,720 |
| HOSPITAL FOR SPECIAL SURGERY New York, NY | GENERAL | $25,189 |
| NY COMMUNITY FRIDGE CORP New York, NY | GENERAL | $25,000 |
| SUNRISE DAY CAMPS ASSOCIATION Oceanside, NY | GENERAL | $21,000 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
No officer or director reported compensation in the available filings.
From 2025 IRS filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| Wendy Sandler | President | — | — |
| Neil Sandler | Secretary and Treasurer | — | — |
| Susan Lewen | Director | — | — |
Contact Information
Address: 48 S Service Rd, Melville, NY 11747
Telephone: 516-938-1828
Frequently Asked Questions
How do I apply for a grant from Lake Road Foundation?
Lake Road Foundation made 78 grants in fiscal year 2024 (ending April 2024). Recent major grants include: • Jewish Communal Fund: $700,000 • UJA-Federation of New York: $502,532 • Hospital for Special Surgery (HSS): $151,040 The foundation's total grant distribution in 2024 exceeded $1.9 million across its grantmaking portfolio.
What size grants does Lake Road Foundation award?
In 2025, Lake Road Foundation awarded 68 grants totaling $1.8M — an average of about $26K per grant, based on its IRS Form 990 filings.
How much is Lake Road Foundation required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2025, Lake Road Foundation reported a distributable amount of $2.2M on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is Lake Road Foundation's EIN?
Lake Road Foundation's EIN (Employer Identification Number) is 13-3745065. IRS Form 990 filing data is available on this page for 2021–2025.
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Data last updated September 2026. Sourced from IRS Form 990-PF filings. Research dossier generated April 2026.