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Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$314K
-2.1% YoY
Annual Giving
$250K
Grant Count
1
Avg Grant Size
$250K
About Lantern Foundation
Based on IRS filings
Lantern Foundation is a nonprofit organization focused on Religion Related, based in HICKORY, NC. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $314K in total assets. In 2024, it awarded 1 grants totaling $250K.
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 | $313,715 | $320,588 | $602,945 |
| Revenue | $2,955,936 | $3,433,995 | $2,589,339 |
| Expenses | $3,043,394 | $3,716,352 | $2,171,697 |
| Qualifying Distributions | — | — | — |
| Net Investment Income | — | — | — |
| 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
1 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include Randolph County Sherriff's Department ($250,000).
| Recipient | Purpose | Amount |
|---|---|---|
| RANDOLPH COUNTY SHERRIFF'S DEPARTMENT ASHEBORO, NC | START UP OF INVICTUS PROJECT | $250,000 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| KORRIN MOON | PRESIDENT | 40 | $121,974 |
| STEVE BIONDO | CHAIRMAN | 5 | — |
| JENNIFER STRICKLAND | SECRETARY | 5 | — |
| DAVID HODGES | DIRECTOR | 5 | — |
| KYLE ROOSEN | DIRECTOR | 5 | — |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is Lantern Foundation?
Lantern Foundation is a nonprofit organization focused on Religion Related, based in HICKORY, NC. It holds $314K in total assets as of 2024.
How large is Lantern Foundation?
As of 2024, Lantern Foundation holds $314K in total assets with $3.0M in annual revenue. It awarded 1 grants totaling $250K in 2024.
Where does Lantern Foundation operate?
Lantern Foundation has awarded grants in North Carolina.
What size grants does Lantern Foundation award?
In 2024, Lantern Foundation awarded 1 grants totaling $250K — an average of about $250K per grant, based on its IRS Form 990 filings.
What is Lantern Foundation's EIN?
Lantern Foundation's EIN (Employer Identification Number) is 85-0713747. IRS Form 990 filing data is available on this page for 2020–2024.
Explore Open Grants
Browse active grant opportunities in Lantern 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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