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.

Lasco Foundation at a glance

In short: Lasco Foundation gave $18K across 7 grants in 2025 (avg $3K), top state Michigan. Source: 2025 IRS Form 990-PF.

Annual giving (2025)
$18,000
+28.6% vs 2024
Grants made (2025)
7
+40.0% vs 2024
Average grant
$2,571
-8.2% vs 2024
Median grant
$2,000
Total assets
$454,011
+3.9% vs 2024
Primary geography
Michigan (33% 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 Lasco Foundation funds

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%).

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

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.

Giving History

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.

Grants by year

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
Your AI grants department

Ready to take the next step with Lasco Foundation?

Fully replaces Grant database subscriptions Instrumentl · Foundation Directory · GrantStation & similar

Financial History

Multi-year comparison from IRS filings

Figures from IRS filings, by filing year
Filing yearTotal AssetsRevenueExpensesGrants paidGrantsQualifying DistributionsNet Investment IncomeDistributable Amount
2025$454,011$30,014$26,121$18,0007$18,000$21,893$21,561
2024$437,023$5,063$21,648$14,0005$14,000$5,390$21,434

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.

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.

Data update history

(2)

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)

Explore Open Grants

Browse active grant opportunities in Lasco Foundation's focus areas in our free grants database

Similar Funders

Funders with grantees in common, and similar funders in Wisconsin

ECM Foundation

Ridgeland, MS

The foundation awards scholarships for higher education to children of employees of Mississippi's various electric cooperatives, certain participants in the electric cooperatives of Mississippi youth tour program and to electrical engineering candidates located in rural electric service areas in Mississippi. In addition, the foundation provides other assistance consistent with its exempt purpose.

Assets

$2.0M

Grants

2

Total Given

$20K

Intercounty Electric Cooperative

Licking, MO

Sale of electricity and related services to members of the cooperative

Assets

$205.7M

Grants

2

Total Given

$11K

Inland Power and Light

Spokane, WA

Through the Inland Power Community Foundation, it funds specific charitable needs and projects, including energy assistance, food support, youth activities, agriculture, and community programs in the 13 counties it serves in eastern Washington and northern Idaho. Recent grants ranged from $500 to $43,763, with a median of $1,250. Organizations may apply using the foundation’s published application; applications are reviewed quarterly.

Assets

$333.6M

Grants

14

Total Given

$104K

Federated Youth Foundation Inc

Middleton, WI

Federated Youth Foundation funds scholarships and donations to organizations, with recent support spanning education, food access, youth, and community programs. Its 2025 grants ranged from $5,400 to $55,581, with a median of $10,000; most funding went to Wisconsin, with smaller amounts to Tennessee, Washington, D.C., and Michigan. Requests are recommended by contributing cooperatives’ selection committees, and the foundation approves or declines them; the profile does not state whether it accepts unsolicited requests.

Education

Assets

$7.7M

Grants

15

Total Given

$261K

Adler-Clark Electric Community

Greenwood, WI

The foundation supports eligible nonprofits and community projects benefiting Clark County, Wisconsin, and surrounding communities, with grants for needs such as food, emergency services, parks, children, and recreation. Its 2025 grants ranged from $500 to $3,000, with a median of $1,500. It accepts applications through a basic application available from the Adler-Clark Foundation; the deadline is December 1.

Philanthropy, Voluntarism & Grantmaking

Assets

$776K

Grants

26

Total Given

$44K

Consolidated Cares

Mexico, MO

Philanthropy, Voluntarism & Grantmaking

Assets

$85K

Grants

62

Total Given

$39K

More similar funders

More Funders in Wisconsin

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

Figures come from Lasco 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.

Lasco Foundation down — hundreds of funders to go?

Want AI to do this for you?