Lasco Foundation

Private foundation · Grantmaker Stevens Point, WI EIN: 74-2455727

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

5states

Share of 2025 grant dollars across all 7 itemized grants.

Cities

CherokeeGrawnParachuteStevens PointWisconsin RapidsBattlement MesaBridgton

Giving Over Time

Total grant dollars and number of grants per year

$0$5K$10K$15K$20K5 grants2024 7 grants2025

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

Cooperative Family Fund: $6KCooperative Family Fund$6KKaelee Sabata: $2KKaelee Sabata$2KNadia Ellingson: $2KNadia Ellingson$2KAndrew Palcer: $2KAndrew Palcer$2KAnnie Charlotte Rutledge: $2KAnnie Charlotte Rutledge$2KPeyton Toomey: $2KPeyton Toomey$2KMatti Guinn: $2KMatti Guinn$2K

The largest 2025 recipient was Cooperative Family Fund ($6K). Together the top 7 received $18K.

Grant Size Distribution

12 grants across all recorded years

12<$50K$50–100K$100–250K$250–500K$500K–1M$1–5M$5M+

The most common grant size was under $50K: 12 grants of 12 (100%).

Giving History

Grant recipients and amounts by year

RecipientPurposeAmount
Cooperative Family Fund Grawn, MICharitable$6,000
Kaelee Sabata Parachute, COEducation$2,000
Nadia Ellingson Wisconsin Rapids, WIEducation$2,000
Andrew Palcer Battlement Mesa, COEducation$2,000
Annie Charlotte Rutledge Cherokee, TXEducation$2,000
Peyton Toomey Bridgton, MEEducation$2,000
Matti Guinn Stevens Point, WIEducation$2,000

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$10K$20K$30K$40K2024 2025
Metric20252024
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

  1. Added Form 990-PF for fiscal year 2024 (received by the IRS August 14, 2025)
  2. 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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