Lasater Scholarship Foundation

Private foundation · Grantmaker Highlands Ranch, CO EIN: 84-0902070

Lasater Scholarship Foundation is a private foundation, based in Highlands Ranch, CO. IRS filing data is available from 2019 through 2025. As of 2025, the organization holds $1.5M in total assets. In 2025, it awarded 8 grants totaling $64K. Net investment income was $32K.

Lasater Scholarship Foundation at a glance

In short: Lasater Scholarship Foundation gave $64K across 8 grants in 2025 (avg $8K), mostly in Colorado. Source: 2025 IRS Form 990-PF.

Annual giving (2025)
$63,500
+15.5% vs 2024
Grants made (2025)
8
+0.0% vs 2024
Average grant
$7,938
+15.5% vs 2024
Median grant
$4,250
Total assets
$1,462,498
-13.1% vs 2024
Primary geography
Colorado (100% of itemized 2025 grant dollars)
Latest 990 filing
Form 990-PF, 2025 View filing

Data from IRS Form 990-PF, 2025; updated September 2026.

Who Lasater Scholarship Foundation funds

How this funder distributes its grants

Grant Size Distribution

49 grants across all recorded years

49<$50K$50–100K$100–250K$250–500K$500K–1M$1–5M$5M+

The most common grant size was under $50K: 49 grants of 49 (100%).

Geographic Focus

Where this funder awards grants

Grant Distribution by State

3states

Share of 2025 grant dollars across all 8 itemized grants.

Cities

AgateAmarilloCalhanColorado SpringsFort CollinsFort MorganManhattanMathesonPeytonRamahSilmaSimla

How Lasater Scholarship Foundation gives

  • Giving fell 23% from 2022 to 2025. Method
  • In 2025 it paid out 111% of its IRS minimum distribution (the 5% rule). Method

From the foundation's IRS Form 990-PF filings. Methodology.

Giving History

Giving Over Time

Total grant dollars and number of grants per year

$0$50K$100K$150K11 grants2019 14 grants2020 12 grants2021 8 grants2022 13 grants2023 8 grants2024 8 grants2025

From 2019 to 2025, annual grant giving ranged from $55K (2024) to $105K (2021). In 2025 it made 8 grants totaling $64K.

Grants by year

Grant recipients and amounts by year

RecipientPurposeAmount
8 grants to individuals Recipients not named —$63,500
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Financial History

Multi-year comparison from IRS filings

Figures from IRS filings, by filing year
Filing yearTotal AssetsRevenueExpensesGrants paidGrantsQualifying DistributionsNet Investment IncomeDistributable Amount
2025$1,462,498$-54,349$166,197$63,5008$63,500$31,789$57,258
2024$1,683,044$78,584$161,444$55,0008$55,000$46,999$98,346
2023$1,765,904$218,641$176,934$86,00013$86,000$39,342$104,034
2022$1,724,197$63,441$188,576$82,5008$82,500$18,089$96,907
2021$1,849,332$36,260$199,225$105,00012—$30,810$104,191
2020$2,012,297$-105,926$175,376$89,00014—$43,232$88,933
2019$2,293,956$88,094$153,036$74,00011—$61,363$96,482

Under IRS private-foundation payout rules, Lasater Scholarship Foundation reported a distributable amount of $57K for 2025 — the minimum it must pay out in qualifying distributions.

Leadership & Key People

Officers and directors from IRS filings

Lasater Scholarship Foundation is led by Thomas Lasater, Director on every filing since 2019 — the only officer listed, and compensated.

Officers on the 2025 filing

  • Thomas Lasater

    Director

    On filings since 2019

    1 hr/week

    $64K (2019) → $90K (2025)

Data from IRS Form 990 filings, 2019–2025. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.

Compensation Overview

From 2025 IRS filing

Thomas Lasater — Director: $90KThomas LasaterDirector$90K

The highest reported compensation on the 2025 filing was $90K, to Thomas Lasater (Director).

Frequently asked questions about Lasater Scholarship Foundation

How much does Lasater Scholarship Foundation give each year?

Lasater Scholarship Foundation gave $64K across 8 grants in 2025, according to its 2025 IRS Form 990-PF. In 2024 it gave $55K across 8 grants.

What is Lasater Scholarship Foundation's typical grant size?

Lasater Scholarship Foundation's median grant in 2025 was $4,250, and its average grant was $7,938, across 8 grants on its 2025 IRS Form 990-PF.

Where does Lasater Scholarship Foundation give grants?

Lasater Scholarship Foundation gives mostly in Colorado: 100% of the grant dollars itemized on its 2025 IRS Form 990-PF went to recipients there.

Does Lasater Scholarship Foundation give general operating support?

Not in 2025: none of the 8 grants with a stated purpose on Lasater Scholarship Foundation's 2025 IRS Form 990-PF were described as general or operating support. Recurring purposes include "Attend College" (8 grants).

How large is Lasater Scholarship Foundation?

Lasater Scholarship Foundation reported $1.5M in total assets on its 2025 IRS Form 990-PF. It paid out $64K in qualifying distributions that year, against a required minimum of $57K (roughly 5% of its investment assets).

What is Lasater Scholarship Foundation's EIN?

Lasater Scholarship Foundation's EIN (Employer Identification Number) is 84-0902070. IRS Form 990 filing data is available on this page for 2019–2025.

Data last updated September 2026. Sourced from IRS Form 990-PF filings.

Data update history

(3)

When this profile's IRS filing data changed on Grantable

  1. Added Form 990-PF for fiscal year 2019 (received by the IRS July 31, 2020)
  2. Added Form 990-PF for fiscal year 2025 (received by the IRS August 12, 2026)
  3. IRS filings on file for fiscal years 2020–2024

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The filing figures on this page are open data under CC BY 4.0. About GrantGraph Open

Figures come from Lasater Scholarship Foundation's IRS filings (methodology). AI-written summaries, news items and logos are not covered by the open licence. Spot an error? Email hello@grantable.co.

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