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
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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
| 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
Among its reported 2024 grants, the largest include Lakewood Health Center ($29,083).
| Recipient | Purpose | Amount |
|---|---|---|
| LAKEWOOD HEALTH CENTER BAUDETTE, MN | SUPPORT | $29,083 |
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
Frequently Asked Questions
What is Lakewood Regional Healthcare Foundation?
Lakewood Regional Healthcare Foundation is a nonprofit organization focused on Health, based in BAUDETTE, MN. It holds $6.6M in total assets as of 2024.
How large is Lakewood Regional Healthcare Foundation?
As of 2024, Lakewood Regional Healthcare Foundation holds $6.6M in total assets with $249K in annual revenue. It awarded 1 grants totaling $29K in 2024.
Where does Lakewood Regional Healthcare Foundation operate?
Lakewood Regional Healthcare Foundation has awarded grants in Minnesota.
What size grants does Lakewood Regional Healthcare Foundation award?
In 2024, Lakewood Regional Healthcare Foundation awarded 1 grants totaling $29K — an average of about $29K per grant, based on its IRS Form 990 filings.
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 2020–2024.
Explore Open Grants
Browse active grant opportunities in Lakewood Regional Healthcare Foundation's focus areas in our free grants database
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.
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