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.
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
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
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 |
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
231 grants across all recorded years
Giving History
Grant recipients and amounts by year
No grants recorded for .
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2025 IRS filing
From 2025 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
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Data last updated April 2026. Sourced from IRS Form 990-PF filings. Research dossier generated April 2026.
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