Lasco Foundation
Lasco Foundation is a private foundation, based in Stevens Point, WI. IRS filing data is available from 2024 through 2025. As of 2025, the organization holds $454K in total assets. In 2025, it awarded 7 grants totaling $18K. Net investment income was $22K.
Key facts about Lasco Foundation
In short: Lasco Foundation gave $18K across 7 grants in 2025 (avg $3K), top state Michigan. Source: 2025 IRS Form 990-PF.
- EIN
- 74-2455727
- Latest 990 filing
- Form 990-PF, 2025
- Annual giving (2025)
- $18,000
- Grants made (2025)
- 7
- Average grant
- $2,571
- Median grant
- $2,000
- Total assets
- $454,011
- Primary geography
- Michigan (33% of itemized 2025 grant dollars)
Data from IRS Form 990-PF, 2025; updated September 2026.
Financial Overview
From 2025 IRS Form 990-PF · View filing
Total Assets
$454K
+3.9% YoY
Annual Giving
$18K
+28.6% YoY
Grant Count
7
+40.0% YoY
Avg Grant Size
$3K
-8.2% YoY
Under IRS private-foundation payout rules, Lasco Foundation reported a distributable amount of $22K for 2025 — the minimum it must pay out in qualifying distributions.
How Lasco Foundation gives
- In 2025 it paid out 83% of its IRS minimum distribution (the 5% rule). Foundations have until the end of the next year to meet it. Method
From the foundation's IRS Form 990-PF filings. Methodology.
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
Share of 2025 grant dollars across all 7 itemized grants.
Cities
Giving Over Time
Total grant dollars and number of grants per year
From 2024 to 2025, annual grant giving ranged from $14K (2024) to $18K (2025). In 2025 it made 7 grants totaling $18K.
Grant Insights
How this funder distributes its grants
Top Recipients
Top 7 recipients in 2025
The largest 2025 recipient was Cooperative Family Fund ($6K). Together the top 7 received $18K.
Grant Size Distribution
12 grants across all recorded years
The most common grant size was under $50K: 12 grants of 12 (100%).
Giving History
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| Cooperative Family Fund Grawn, MI | Charitable | $6,000 |
| Kaelee Sabata Parachute, CO | Education | $2,000 |
| Nadia Ellingson Wisconsin Rapids, WI | Education | $2,000 |
| Andrew Palcer Battlement Mesa, CO | Education | $2,000 |
| Annie Charlotte Rutledge Cherokee, TX | Education | $2,000 |
| Peyton Toomey Bridgton, ME | Education | $2,000 |
| Matti Guinn Stevens Point, WI | Education | $2,000 |
Financial History
Multi-year comparison from IRS filings
| Metric | 2025 | 2024 |
|---|---|---|
| Total Assets | $454,011 | $437,023 |
| Revenue | $30,014 | $5,063 |
| Expenses | $26,121 | $21,648 |
| Qualifying Distributions | $18,000 | $14,000 |
| Net Investment Income | $21,893 | $5,390 |
| Distributable Amount | $21,561 | $21,434 |
Data update history
When this profile's IRS filing data changed on Grantable
- Added Form 990-PF for fiscal year 2024 (received by the IRS August 14, 2025)
- Added Form 990-PF for fiscal year 2025 (received by the IRS May 4, 2026)
Leadership & Key People
Officers and directors from IRS filings
Lasco Foundation is led by Michael L. Wade, President on every filing since 2024; none of the 3 officers listed in 2025 report compensation.
Officers on the 2025 filing
Michael L. Wade
President
On filings since 2024
No compensation reported
Ann Little
Vice President
On filings since 2024
No compensation reported
Tammy Jankowski
Secretary
On filings since 2024
No compensation reported
Data from IRS Form 990 filings, 2024–2025. "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 Lasco Foundation
How much does Lasco Foundation give each year?
Lasco Foundation gave $18K across 7 grants in 2025, according to its 2025 IRS Form 990-PF. In 2024 it gave $14K across 5 grants.
What is Lasco Foundation's typical grant size?
Lasco Foundation's median grant in 2025 was $2,000, and its average grant was $2,571, across 7 grants on its 2025 IRS Form 990-PF.
Where does Lasco Foundation give grants?
Lasco Foundation's top state is Michigan, with 33% of the grant dollars itemized on its 2025 IRS Form 990-PF. The next largest states were Colorado (22%) and Wisconsin (22%).
Does Lasco Foundation give general operating support?
Not in 2025: none of the 7 grants with a stated purpose on Lasco Foundation's 2025 IRS Form 990-PF were described as general or operating support. Recurring purposes include "Education" (6 grants).
Who are Lasco Foundation's largest grantees?
Lasco Foundation's largest 2025 grantees include Cooperative Family Fund ($6,000), Kaelee Sabata ($2,000) and Nadia Ellingson ($2,000), according to its 2025 IRS Form 990-PF. Together they received 56% of its itemized 2025 grant dollars.
How large is Lasco Foundation?
Lasco Foundation reported $454K in total assets on its 2025 IRS Form 990-PF. It paid out $18K in qualifying distributions that year, against a required minimum of $22K (roughly 5% of its investment assets). Falling short in one year is not a violation: foundations have until the end of the next year to meet the minimum.
What is Lasco Foundation's EIN?
Lasco Foundation's EIN (Employer Identification Number) is 74-2455727. IRS Form 990 filing data is available on this page for 2024–2025.
Data last updated September 2026. Sourced from IRS Form 990-PF filings.
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