Lakewood Regional Healthcare Foundation
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.
Lakewood Regional Healthcare Foundation at a glance
In short: Lakewood Regional Healthcare Foundation gave $174K across 1 grant in 2025 (avg $174K), mostly in Minnesota. Source: 2025 IRS Form 990.
- Annual giving (2025)
- $173,978
- +498.2% vs 2024
- Grants made (2025)
- 1
- +0.0% vs 2024
- Average grant
- $173,978
- +498.2% vs 2024
- Median grant
- $173,978
- Total assets
- $6,999,728
- +6.5% 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 Lakewood Regional Healthcare Foundation funds
How this funder distributes its grants
Top Recipients
Top recipient in 2025
The largest 2025 recipient was Lakewood Health Center ($174K).
Grant Size Distribution
3 grants across all recorded years
The most common grant size was under $50K: 1 grant of 3 (33%).
Geographic Focus
Where this funder awards grants
Grant Distribution by State
Share of the 2025 grant dollars on its one itemized grant.
States
Cities
Giving History
Giving Over Time
Total grant dollars and number of grants per year
From 2020 to 2025, annual grant giving ranged from $5K (2021) to $517K (2023). In 2025 it made 1 grant totaling $174K.
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 |
|---|---|---|
| Lakewood Health Center Baudette, MN | Support | $173,978 |
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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 | $6,999,728 | $367,875 | $207,385 | $173,978 | 1 | $361,640 |
| 2024 | $6,573,964 | $248,686 | $61,020 | $29,083 | 1 | $240,274 |
| 2023 | $5,976,789 | $180,042 | $555,133 | $516,698 | 1 | $134,911 |
| 2022 | $6,281,075 | $393,744 | $31,237 | $6,500 | Total only | $356,660 |
| 2021 | $6,497,115 | $512,311 | $25,994 | $4,900 | Total only | $480,656 |
| 2020 | $5,163,157 | $316,796 | $87,333 | $50,941 | 1 | $274,456 |
"Total only": grants paid as reported on the IRS filing, which lists no individual grants for that year.
About Lakewood Regional Healthcare Foundation
Based on IRS filings
Lakewood Regional Healthcare Foundation is a public charity focused on Health, based in Phoenix, AZ. IRS filing data is available from 2020 through 2025. As of 2025, the organization holds $7.0M in total assets. In 2025, it awarded 1 grant totaling $174K. Net investment income was $362K.
Focus Areas
Leadership & Key People
Officers and directors from IRS filings
Lakewood Regional Healthcare Foundation is led by Jeffry Stampohar, President & Chair on every filing since 2020; none of the 8 officers listed in 2025 report compensation.
Officers on the 2025 filing
Jeffry Stampohar
President & Chair
On filings since 2020
1 hr/week
No compensation reported
Carrie Davidson
Foundation Director
On filings since 2020
40 hrs/week
No compensation reported
Jay Ross
Former Officer & Vice President Operational Finance
Vice President Operational Finance → Former Officer & Vice President Operational Finance, 2024
On filings since 2020
No compensation reported
Nick O'Tool
Former Officer
Div Vice President Finance → Market CFO, 2024
Market CFO → Former Officer, 2025
On filings since 2023
No compensation reported
Marianne Foldesi
Board Member & Physician Assistant
On filings since 2024
1 hr/week
No compensation reported
Mike Hovde
Board Member
On filings since 2024
1 hr/week
No compensation reported
Tessa Strohl
Board Member
On filings since 2024
1 hr/week
No compensation reported
Tim Schnack
Market CFO
On filings since 2024
1 hr/week
No compensation reported
Former officers (8)
- Former: Benjamin Koppelman (2020–2023) — Former President
- Former: Sandra Laudenslager (2021–2023) — Board Member
- Former: Ashley Malchow (2021–2022) — Board Member
- Former: Roseann Swenson (2020–2021) — Board Member
- Former: Stacy Novak (2020–2021) — Board Member
- Former: Tom Hanson (2020–2021) — Board Member
- Former: Lisa Kinsella (2020) — Board Member
- Former: Michelle Brown (2020) — Board Member
Data from IRS Form 990 filings, 2020–2025. "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 Lakewood Regional Healthcare Foundation
How much does Lakewood Regional Healthcare Foundation give each year?
Lakewood Regional Healthcare Foundation gave $174K across 1 grant in 2025, according to its 2025 IRS Form 990. In 2024 it gave $29K across 1 grant.
How large is Lakewood Regional Healthcare Foundation?
Lakewood Regional Healthcare Foundation reported $7.0M in total assets on its 2025 IRS Form 990. Its revenue that year was $368K.
What is Lakewood Regional Healthcare Foundation?
Lakewood Regional Healthcare Foundation is a public charity focused on Health, based in Phoenix, AZ. It holds $7.0M in total assets as of 2025.
Where does Lakewood Regional Healthcare Foundation operate?
Lakewood Regional Healthcare Foundation has awarded grants in Minnesota.
What is Lakewood Regional Healthcare Foundation's EIN?
Lakewood Regional Healthcare Foundation's EIN (Employer Identification Number) is 41-1893795. IRS Form 990 filing data is available on this page for 2020–2025.
Data last updated September 2026. Sourced from IRS Form 990 filings.
Data update history
(7)
When this profile's IRS filing data changed on Grantable
- Updated Form 990 for fiscal year 2020 (received by the IRS May 6, 2021)
- Updated Form 990 for fiscal year 2023 (received by the IRS May 9, 2024)
- Updated Form 990 for fiscal year 2024 (received by the IRS May 13, 2025)
- Added Form 990 for fiscal year 2025 (received by the IRS May 13, 2026)
- Updated Form 990 for fiscal year 2021 (received by the IRS May 13, 2022)
- Updated Form 990 for fiscal year 2022 (received by the IRS May 9, 2023)
- IRS filings on file for fiscal years 2020–2024
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