LAKEWOOD REGIONAL HEALTHCARE FOUNDATION'S MISSION IS TO ENSURE ACCESSIBLE, AFFORDABLE HEALTHCARE AND RELATED SERVICES OF THE HIGHEST QUALITY FOR ALL RESIDENTS OF BAUDETTE, LAKE OF THE WOODS COUNTY AND COMMUNITIES IN THE SURROUNDING AREA.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$6.6M
+10.0% YoY
Annual Giving
$29K
-94.4% YoY
Grant Count
1
+0.0% YoY
Avg Grant Size
$29K
-94.4% YoY
About Lakewood Regional Healthcare Foundation
Based on IRS filings
Lakewood Regional Healthcare Foundation is a nonprofit organization focused on Health, based in BAUDETTE, MN. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $6.6M in total assets. In 2024, it awarded 1 grants totaling $29K. Net investment income was $240K.
Focus Areas
Ready to take the next step with Lakewood Regional Healthcare Foundation?
Geographic Focus
Where this funder awards grants
Grant Distribution by State
States
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $6,573,964 | $5,976,789 | $6,281,075 |
| Revenue | $248,686 | $180,042 | $393,744 |
| Expenses | $61,020 | $555,133 | $31,237 |
| Qualifying Distributions | — | — | — |
| Net Investment Income | $240,274 | $134,911 | $356,660 |
| Distributable Amount | — | — | — |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 1 recipients in 2024
Grant Size Distribution
3 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 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| TIM SCHNACK | MARKET CFO (BEG 05/24) | 1 | — |
| NICK O'TOOL | MARKET CFO (THRU 05/24) | 1 | — |
| JEFFRY STAMPOHAR | PRESIDENT / CHAIR | 1 | — |
| JAY ROSS | FORMER OFFICER/VP OPERATIONAL FINANCE | — | — |
| CARRIE DAVIDSON | FOUNDATION DIRECTOR | 40 | — |
| MARIANNE FOLDESI | BOARD MEMBER/PHYSICIAN ASSISTANT (BEG 08/23) | 1 | — |
| MIKE HOVDE | BOARD MEMBER (BEG 08/23) | 1 | — |
| TESSA STROHL | BOARD MEMBER (BEG 08/23) | 1 | — |
Subject Areas
Focus areas based on grantmaking activity
Related Funders
Similar funders by location and focus area
Spicola Family Foundation
MINNETONKA, MN
Assets
—
Grants
3
Total Given
$410K
The Geyer Family Foundation
EDINA, MN
Assets
—
Grants
7
Total Given
$35K
Love 4 One Another Charities
CHANHASSEN, MN
Assets
$8.5M
Grants
1
Total Given
$90K
Donald and Luella Zibell Family Foundation
NORTHFIELD, MN
Assets
—
Grants
8
Total Given
$80K
Minnesota Citizens Concerned
MINNEAPOLIS, MN
Assets
$745K
Grants
2
Total Given
$942K
Clearway Minnesota (sm)
MINNEAPOLIS, MN
Assets
—
Grants
6
Total Given
$442K
Data last updated April 2026. Sourced from IRS Form 990-PF filings.
What could you do with Lakewood Regional Healthcare Foundation 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