Lap Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in LA PINE, OR. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $1.0M in total assets. In 2024, it awarded 9 grants totaling $75K. Net investment income was $84K.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$1.0M
+0.2% YoY
Annual Giving
$75K
-25.5% YoY
Grant Count
9
-52.6% YoY
Avg Grant Size
$8K
+57.3% YoY
Under IRS private-foundation payout rules, Lap Foundation reported a distributable amount of $81K for 2024 — the minimum it must pay out in qualifying distributions.
About Lap Foundation
Based on IRS filings
Lap Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in LA PINE, OR. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $1.0M in total assets. In 2024, it awarded 9 grants totaling $75K. Net investment income was $84K.
Focus Areas
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $1,032,621 | $1,030,504 | $1,035,862 |
| Revenue | $137,150 | $146,753 | $144,880 |
| Expenses | $128,807 | $158,338 | $163,971 |
| Qualifying Distributions | $75,495 | $101,310 | $110,238 |
| Net Investment Income | $83,893 | $90,955 | $65,378 |
| Distributable Amount | $80,992 | $74,319 | $67,320 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 9 recipients in 2024
Grant Size Distribution
66 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include Alaska PTA Aka FAIRVIEW ELEM PTA ($24,000), The David Sheldrick Wildlife Trust Usa Inc ($10,010), Best Friends Animal Society ($10,000).
| Recipient | Purpose | Amount |
|---|---|---|
| THE DAVID SHELDRICK WILDLIFE TRUST USA INC Laguna Hills, CA | Contribution provided | $10,010 |
| Best Friends Animal Society Kanab, UT | Contribution provided | $10,000 |
| Alaska PTA Aka FAIRVIEW ELEM PTA Anchorage, AK | Contribution provided | $24,000 |
| UVM Medical Center Foundation Burlington, VT | Contribution provided | $10,000 |
| DonorsChoose New York, NY | Contribution provided | $5,622 |
| Humane Society of Sedona Sedona, AZ | Contribution provided | $2,613 |
| Defenders of Wildlife Washington, DC | Protection of all native wild animals | $2,500 |
| FRIENDS OF BRIDPORT SCHOOL INC BRIDPORT, VT | Improve childrens education | $10,000 |
| Therapeutic Ranch for Animals and Kids Tucson, AZ | Improve Childrens Social Skills | $750 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| Katherine Mauldin | President | 2 | — |
| Paul Adelman | Treasurer | 0.1 | — |
| Jeffrey Griffin | Secretary | 0.1 | — |
| Julia S Adelman | Assistant Secretary | 0.1 | — |
| Nicholas E Adelman | Assistant Treasurer | 0.1 | — |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is Lap Foundation?
Lap Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in LA PINE, OR. It holds $1.0M in total assets as of 2024.
How large is Lap Foundation?
As of 2024, Lap Foundation holds $1.0M in total assets with $137K in annual revenue. It awarded 9 grants totaling $75K in 2024.
Where does Lap Foundation operate?
Lap Foundation has awarded grants in Alaska, Arizona, California, District of Columbia, New York, Tennessee, Texas, Utah, Vermont, Washington.
What size grants does Lap Foundation award?
In 2024, Lap Foundation awarded 9 grants totaling $75K — an average of about $8K per grant, based on its IRS Form 990 filings.
How much is Lap Foundation required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, Lap Foundation reported a distributable amount of $81K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is Lap Foundation's EIN?
Lap Foundation's EIN (Employer Identification Number) is 27-3473683. IRS Form 990 filing data is available on this page for 2020–2024.
Explore Open Grants
Browse active grant opportunities in Lap 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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