Lakeshore Community Foundation Inc logo

Lakeshore Community Foundation Inc

Public charity · Grantmaker Manitowoc, WI EIN: 27-0978059 Website

Lakeshore Community Foundation Inc is a public charity based in Manitowoc, Wisconsin, formed in 2009. It promotes and manages endowed charitable funds, primarily for the benefit of Sheboygan and Manitowoc counties, and distributes gifts from individuals and organizations for the long-term benefit of the communities it serves.

Lakeshore Community Foundation Inc at a glance

In short: Lakeshore Community Foundation Inc gave $2.8M across 75 grants in 2025 (avg $37K), mostly in Wisconsin. 25% of 2025 grantees were new. Source: 2025 IRS Form 990.

Annual giving (2025)
$2,806,558
+108.8% vs 2024
Grants made (2025)
75
+29.3% vs 2024
Average grant
$37,421
+61.4% vs 2024
Median grant
$12,200
Total assets
$155,148,586
+34.3% vs 2024
New grantees (estimate)
25% first-time grantees (18 of 73, 2025)
Primary geography
Wisconsin (89% of itemized 2025 grant dollars)
Latest 990 filing
Form 990, 2025 View filing

Data from IRS Form 990, 2025; updated September 2026. New grantees are estimated by matching recipient names across years (methodology).

How to apply to Lakeshore Community Foundation Inc

How to Apply

For the discretionary client funds, eligible charitable organizations may apply when the request matches a fund’s purpose; the website’s listed client-fund opportunities are currently closed. For the three scholarship funds listed as open, applicants must meet the eligibility requirements stated for each fund.

Contact

Mailing address: 915 Memorial Drive, Manitowoc, WI 54220
Phone: (920) 682-5222
Website: https://lakeshorecommunityfoundation.org

Application details from Grantable's research on the foundation's public materials; confirm on its website before applying.

Who Lakeshore Community Foundation Inc funds

How this funder distributes its grants

Top Recipients

Top 10 recipients in 2025

Lakeshore Community Foundation Inc: $276KLakeshore Community FoundationInc$276KDementia Innovations Inc: $242KDementia Innovations Inc$242KLakeshore First Robotics Programs: $180KLakeshore First RoboticsPrograms$180KManitowoc County Historical Society: $169KManitowoc County HistoricalSociety$169KSamaritan's Purse: $160KSamaritan's Purse$160KRoncalli Catholic Schools: $159KRoncalli Catholic Schools$159KManitowoc Public School District Foundation: $135KManitowoc Public SchoolDistrict Foundation$135KCapitol Civic Centre Inc: $119KCapitol Civic Centre Inc$119KCompassion International: $90KCompassion International$90KManitowoc Symphony Orchestra Association Inc: $88KManitowoc Symphony OrchestraAssociation Inc$88K

The largest 2025 recipient was Lakeshore Community Foundation Inc ($276K). Together the top 10 received $1.6M.

Organizations only. It also paid 3 individual scholarships ($157,443), which are not listed by name.

Grant Size Distribution

313 grants across all recorded years

261<$50K31$50–100K20$100–250K1$250–500K$500K–1M$1–5M$5M+

The most common grant size was under $50K: 261 grants of 313 (83%).

Geographic Focus

Where this funder awards grants

The foundation says its endowment funds primarily benefit Sheboygan and Manitowoc counties. Its 2025 itemized grant dollars went primarily to Wisconsin recipients (89%), with 6% to North Carolina, 3% to Colorado, 1% to Louisiana, and a rounded less than 1% to Massachusetts.

Grant Distribution by State

20states

Share of 2025 grant dollars across all 75 itemized grants.

Cities

ManitowocSheboyganMilwaukeeTwo RiversPlymouthSheboygan FallsMadisonLacombeRichardsonWashingtonBooneBrillionCincinnatiColorado SpringsChiltonGreen BayKielManitowoc SheboyganMerrifieldNewton

Is Lakeshore Community Foundation Inc open to new grantees?

25%

first-time grantees, 2025

In 2025, 18 of 73 grantees (25%) were first-time recipients. First grants averaged $29K; repeat grants $42K. How we count

Medians: $10K first-time, $16K repeat.

  • 63% of 2025 grantees were also funded in 2024. Method
  • Giving grew 67% from 2022 to 2025. Method

Estimate from itemized grant lists in IRS Form 990 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

$0$1M$2M$3M36 grants2019 49 grants2020 64 grants2021 63 grants2022 53 grants2023 58 grants2024 75 grants2025

From 2019 to 2025, annual grant giving ranged from $1.2M (2019) to $2.8M (2025). In 2025 it made 75 grants totaling $2.8M.

Grants by year

Grant recipients and amounts by year

RecipientPurposeAmount
Lakeshore Community Foundation Inc Manitowoc, WI$4,600 Lakeshore Community Foundation Endowment; $271,850 Operations$276,450
Dementia Innovations Inc Sheboygan, WI$50,000 unrestricted; $16,667- a donation on behalf of mike, mark, and scott molepske in memory of their mother, kay schroeder; $70,000 - a donation by mike and amy molepske in honor of their mothers, patti holmes and kay schroeder; $5,000 - a donation in honor of jim holmes as a birthday gift; $100,000 livasu project$241,667
Lakeshore First Robotics Programs Manitowoc, WIUnrestricted$180,000
Manitowoc County Historical Society Manitowoc, WI$450 endowment fund; $10,000 annual appeal; $56,150 unrestricted; $102,000 meeme house loan$168,600
Samaritan's Purse Boone, NCUnrestricted$160,000
Roncalli Catholic Schools Manitowoc, WI$20,000 roncalli high school; $20,000 roncalli middle school; $20,000 roncalli elementary school; $98,950 roncalli high school scholarships$158,950
2 individual scholarships Recipients not named —$151,543
Manitowoc Public School District Foundation Manitowoc, WIScholarships$134,810
Capitol Civic Centre Inc Manitowoc, WI$69,000 Unrestricted; $50,000 Endowment$119,000
Compassion International Colorado Springs, COUnrestricted$90,000
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Financial History

Multi-year comparison from IRS filings

Figures from IRS filings, by filing year
Filing yearTotal AssetsRevenueExpensesGrants paidGrantsNet Investment Income
2025$155,148,586$26,474,338$3,657,101$2,806,55875$5,924,443
2024$115,562,778$16,802,979$1,980,681$1,344,43858$3,661,003
2023$91,205,472$13,617,516$1,791,149$1,270,40653$2,000,565
2022$68,694,276$7,908,496$2,163,783$1,675,77663$1,932,056
2021$63,225,360$5,447,906$2,442,942$1,935,67564$2,434,276
2020$53,091,226$5,804,864$1,745,009$1,460,65149$1,615,774
2019$43,299,229$4,685,331$1,555,210$1,202,21136$924,600

Research compiled by Grantable AI from public sources. Last updated September 2026.

Mission & Focus Areas

The foundation’s mission is “to gather, grow, and give endowed charitable financial resources to build stronger, more vibrant communities now and into the future.” Its stated value is to manage clients’ philanthropic endowments in perpetuity while focusing on minimizing costs and fees to maximize impact.

The foundation’s grant recipients illustrate a range of supported work. Dementia Innovations Inc describes its mission as supporting people living with dementia through education, community collaboration, and dignity of risk, with plans ultimately to include development of a village. Capitol Civic Centre Inc says it aims to elevate the community’s creative culture and quality of life. The Wisconsin Maritime Museum says it connects people with Wisconsin’s waterways and maritime history through education, preservation, exhibits, and research. Other recipients include scholarship and education organizations, health and research institutions, and human-services organizations.

Grantmaking

Separately, the filing’s itemized grant data lists 75 grants totaling $2,806,558, ranging from $5,250 to $276,450, with a median of $12,200.

Among the largest itemized 2025 grants were $241,667 to Dementia Innovations Inc, $180,000 to Lakeshore First Robotics Programs, $168,600 to Manitowoc County Historical Society, $160,000 to Samaritan’s Purse, $158,950 to Roncalli Catholic Schools, and $137,994 to Lakeshore Technical College Foundation Inc. The filing lists purposes including unrestricted support, scholarships, endowment contributions, research, and specific programs.

The foundation’s website says that some client funds make distributions through discretionary grant processes and that eligible charitable organizations may apply to the listed funds when a request aligns with a fund’s purpose. It describes staff completeness and eligibility checks, Grants Committee review and recommendation, and Board approval. The website also says grant recipients may have to accept written terms before payment and may be asked to report on use of funds or participate in site visits or interviews. The listed client-fund opportunities on that page are currently closed.

Separately, three scholarship funds are listed as currently open: the Adam Steel Family Scholarship Fund for eligible Manitowoc County residents enrolled in nursing programs at Lakeshore Technical College; the John E. Raether and Harold E. Gresholdt Scholarship Fund for students pursuing post-secondary education who attend Lincoln, Lutheran, or an individual recipient Schools; and the Richard F. Brindza Memorial Scholarship Fund for Manitowoc Public School District students pursuing trade programs at Lakeshore Technical College.

Leadership & Key People

Leadership team and compensation from IRS filings

The 2025 filing lists Thomas Aschenbrenner as chairman, James Vopat as vice president, Thomas Bare as treasurer, Jane Pfeffer as secretary, and Richard Balge, Randall Olm, Grant Pauly, Alex Allie, and Pamela Langan as directors. Rachel Wiegert is listed as chief executive officer.

Lakeshore Community Foundation Inc is led by Rachel Wiegert, Chief Executive Officer on every filing since 2019; 1 of 10 officers listed in 2025 is compensated.

Officers on the 2025 filing

  • Rachel Wiegert

    Chief Executive Officer

    On filings since 2019

    50 hrs/week

    $98K (2019) → $175K (2025)

  • Thomas Aschenbrenner

    Chairman

    On filings since 2019

    5 hrs/week

    No compensation reported

  • Randall Olm

    Director

    Board Member → Director, 2023

    On filings since 2019

    1.5 hrs/week

    No compensation reported

  • Richard Balge

    Director

    Board Member → Director, 2023

    On filings since 2019

    1.5 hrs/week

    No compensation reported

  • Grant Pauly

    Director

    Board Member → Director, 2023

    On filings since 2022

    1.5 hrs/week

    No compensation reported

  • Alex Allie

    Director

    On filings since 2023

    2 hrs/week

    No compensation reported

  • Pamela Langan

    Director

    On filings since 2023

    1.5 hrs/week

    No compensation reported

  • James Vopat

    Vice President

    Board Member → Vice President, 2023

    On filings since 2019

    4 hrs/week

    No compensation reported

  • Jane Pfeffer

    Secretary

    On filings since 2019

    1.5 hrs/week

    No compensation reported

  • Thomas Bare

    Treasurer

    Vice President → Treasurer, 2023

    On filings since 2019

    2 hrs/week

    No compensation reported

Former officers (2)
  • Former: Joseph Diraimondo (2019–2023) — Director
  • Former: Sandra Sachse (2019–2021) — Board Member

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.

Compensation Overview

From 2025 IRS filing

Rachel Wiegert — Chief Executive Officer: $175KRachel WiegertChief Executive Officer$175K

The highest reported compensation on the 2025 filing was $175K, to Rachel Wiegert (Chief Executive Officer).

Frequently asked questions about Lakeshore Community Foundation Inc

How much does Lakeshore Community Foundation Inc give each year?

Lakeshore Community Foundation Inc gave $2.8M across 75 grants in 2025, according to its 2025 IRS Form 990. In 2024 it gave $1.3M across 58 grants.

What is Lakeshore Community Foundation Inc's typical grant size?

Lakeshore Community Foundation Inc's median grant in 2025 was $12,200, and its average grant was $37,421, across 75 grants on its 2025 IRS Form 990. Organizations receiving their first grant from Lakeshore Community Foundation Inc that year got $29K on average.

Where does Lakeshore Community Foundation Inc give grants?

Lakeshore Community Foundation Inc gives mostly in Wisconsin: 89% of the grant dollars itemized on its 2025 IRS Form 990 went to recipients there. The next largest state was North Carolina (6%). The most frequent recipient cities were Manitowoc, WI (28 grants), Sheboygan, WI (14 grants), Milwaukee, WI (6 grants) and Two Rivers, WI (4 grants).

Does Lakeshore Community Foundation Inc give general operating support?

Yes: 61% of Lakeshore Community Foundation Inc's 2025 grants with a stated purpose (46 of 75) were for general or operating support, per its 2025 IRS Form 990.

Who are Lakeshore Community Foundation Inc's largest grantees?

Lakeshore Community Foundation Inc's largest 2025 grantees include Lakeshore Community Foundation Inc ($276,450), Dementia Innovations Inc ($241,667) and Lakeshore First Robotics Programs ($180,000), according to its 2025 IRS Form 990. It also paid 3 individual scholarships ($157,443), which are not listed by name. Together they received 25% of its itemized 2025 grant dollars.

How large is Lakeshore Community Foundation Inc?

Lakeshore Community Foundation Inc reported $155.1M in total assets on its 2025 IRS Form 990. Its revenue that year was $26.5M.

What does Lakeshore Community Foundation Inc fund?

The foundation’s mission is “to gather, grow, and give endowed charitable financial resources to build stronger, more vibrant communities now and into the future.” See mission & focus areas ↑

How do I apply for a grant from Lakeshore Community Foundation Inc?

For the discretionary client funds, eligible charitable organizations may apply when the request matches a fund’s purpose; the website’s listed client-fund opportunities are currently closed. Eligibility and process details are in the grantmaking section of this profile. See how to apply ↑

What is Lakeshore Community Foundation Inc's EIN?

Lakeshore Community Foundation Inc's EIN (Employer Identification Number) is 27-0978059. IRS Form 990 filing data is available on this page for 2019–2025.

Data last updated September 2026. Sourced from IRS Form 990 filings. Research dossier generated September 2026.

Data update history

(8)

When this profile's IRS filing data changed on Grantable

  1. Updated Form 990 for fiscal year 2020 (received by the IRS August 9, 2021)
  2. Updated Form 990 for fiscal year 2021 (received by the IRS June 8, 2022)
  3. Updated Form 990 for fiscal year 2022 (received by the IRS June 8, 2023)
  4. Updated Form 990 for fiscal year 2023 (received by the IRS June 3, 2024)
  5. Updated Form 990 for fiscal year 2024 (received by the IRS June 4, 2025)
  6. Added Form 990 for fiscal year 2019 (received by the IRS August 6, 2020)
  7. Added Form 990 for fiscal year 2025 (received by the IRS June 2, 2026)
  8. IRS filings on file for fiscal years 2020–2024

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Cite this profile

Grantable. (2026). Lakeshore Community Foundation Inc funder profile. GrantGraph. Retrieved October 19, 2026, from https://grantable.co/funders/lakeshore-community-foundation-inc-morg_42d725a1dd23442ab5cb87d647c2402a

BibTeX
@misc{grantable_270978059_2026,
  author       = {{Grantable}},
  title        = {{Lakeshore Community Foundation Inc funder profile}},
  howpublished = {GrantGraph},
  year         = {2026},
  url          = {https://grantable.co/funders/lakeshore-community-foundation-inc-morg_42d725a1dd23442ab5cb87d647c2402a},
  note         = {Accessed 2026-10-19. 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 Lakeshore Community 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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