Laurel Lake Retirement Community Foundation Inc logo

Laurel Lake Retirement Community Foundation Inc

Public charity · Grantmaker Hudson, OH EIN: 34-1779303 Website

Established in 1994, the laurel lake foundation is the charitable arm of laurel lake retirement community. Its purpose is to generate and manage resources that vigorously support and enrich the quality of life for laurel lake residents now and in the future. The foundation is dedicated to helping satisfy the social, intellectual, physical and emotional needs of residents throughout every level of life while inspiring our community of families, friends and staff. The foundation funds a wide variety of projects and programs which help care for residents throughout lifes transitions and enhance the active, stimulating and rewarding lifestyle that laurel lake residents enjoy.

Key facts about Laurel Lake Retirement Community Foundation Inc

In short: Laurel Lake Retirement Community Foundation Inc gave $250K across 1 grant in 2024 (avg $250K), mostly in Ohio. Source: 2024 IRS Form 990.

EIN
34-1779303
Latest 990 filing
Form 990, 2024
Annual giving (2024)
$250,042
Grants made (2024)
1
Average grant
$250,042
Median grant
$250,042
Total assets
$5,913,658
Primary geography
Ohio (100% of itemized 2024 grant dollars)

Data from IRS Form 990, 2024; updated September 2026.

Financial Overview

From 2024 IRS Form 990 · View filing

Total Assets

$5.9M

+4.4% YoY

Annual Giving

$250K

+49.7% YoY

Grant Count

1

+0.0% YoY

Avg Grant Size

$250K

+49.7% YoY

How Laurel Lake Retirement Community Foundation Inc gives

  • Giving grew 125% from 2021 to 2024. Method

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

About Laurel Lake Retirement Community Foundation Inc

Based on IRS filings

Laurel Lake Retirement Community Foundation Inc is a public charity, based in Hudson, OH. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $5.9M in total assets. In 2024, it awarded 1 grant totaling $250K. Net investment income was $220K.

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

1state

Share of the 2024 grant dollars on its one itemized grant.

States

Cities

Hudson

Giving Over Time

Total grant dollars and number of grants per year

$0$100K$200K$300K1 grant2020 1 grant2021 1 grant2022 1 grant2023 1 grant2024

From 2020 to 2024, annual grant giving ranged from $95K (2020) to $250K (2024). In 2024 it made 1 grant totaling $250K.

Grant Insights

How this funder distributes its grants

Top Recipients

Top recipient in 2024

Laurel Lake Retirement Community Inc: $250KLaurel Lake RetirementCommunity Inc$250K

The largest 2024 recipient was Laurel Lake Retirement Community Inc ($250K).

Grant Size Distribution

5 grants across all recorded years

<$50K1$50–100K3$100–250K1$250–500K$500K–1M$1–5M$5M+

The most common grant size was in the $100–250K range: 3 grants of 5 (60%).

Giving History

Grant recipients and amounts by year

RecipientPurposeAmount
Laurel Lake Retirement Community Inc Hudson, OHEnrichment Programs for Residents$250,042

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Net Investment Income
$0$500K$1M$1.5M2020 2021 2022 2023 2024
Metric202420232022
Total Assets$5,913,658$5,661,741$5,076,444
Revenue$546,481$291,573$814,844
Expenses$376,958$313,505$345,190
Net Investment Income$220,166$13,401$4,416

Data update history

When this profile's IRS filing data changed on Grantable

  1. Updated Form 990 for fiscal year 2020 (received by the IRS November 15, 2021)
  2. Updated Form 990 for fiscal year 2021 (received by the IRS November 15, 2022)
  3. Updated Form 990 for fiscal year 2022 (received by the IRS November 15, 2023)
  4. Updated Form 990 for fiscal year 2023 (received by the IRS September 23, 2024)
  5. Updated Form 990 for fiscal year 2024 (received by the IRS November 13, 2025)
  6. IRS filings on file for fiscal years 2020–2024

Leadership & Key People

Officers and directors from IRS filings

Laurel Lake Retirement Community Foundation Inc is led by David A. Oster, President on every filing since 2020; none of the 8 officers listed in 2024 report compensation.

Officers on the 2024 filing

  • David A. Oster

    President

    On filings since 2020

    0.5 hrs/week

    No compensation reported

  • Elizabeth Murphy

    Chair

    Secretary → Chair, 2024

    On filings since 2020

    1 hr/week

    No compensation reported

  • Amy McCarthy

    Resident Trustee

    Trustee → Secretary, 2022

    Secretary → Resident Trustee, 2023

    On filings since 2020

    1 hr/week

    No compensation reported

  • Jennifer Stanley

    Trustee

    On filings since 2022

    1 hr/week

    No compensation reported

  • Ann Kirk

    Treasurer

    On filings since 2020

    1 hr/week

    No compensation reported

  • Blake Rawson

    Vice Chair

    On filings since 2020

    1 hr/week

    No compensation reported

  • Madeline Freeman

    CFO

    On filings since 2023

    0.5 hrs/week

    No compensation reported

  • Julie Barnett

    Secretary

    New on the 2024 filing

    1 hr/week

    No compensation reported

Former officers (4)
  • Former: Sr Maryann Golonka Hm (2020–2023) — Trustee
  • Former: John Mulligan (2023) — Chairman
  • Former: Loretta Stevens (2023) — CFO
  • Former: William Fitzgerald (2020–2022) — Chair

Data from IRS Form 990 filings, 2020–2024. "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 Laurel Lake Retirement Community Foundation Inc

How much does Laurel Lake Retirement Community Foundation Inc give each year?

Laurel Lake Retirement Community Foundation Inc gave $250K across 1 grant in 2024, according to its 2024 IRS Form 990. In 2023 it gave $167K across 1 grant.

How large is Laurel Lake Retirement Community Foundation Inc?

Laurel Lake Retirement Community Foundation Inc reported $5.9M in total assets on its 2024 IRS Form 990. Its revenue that year was $546K.

Where does Laurel Lake Retirement Community Foundation Inc operate?

Laurel Lake Retirement Community Foundation Inc has awarded grants in Ohio.

What is Laurel Lake Retirement Community Foundation Inc's EIN?

Laurel Lake Retirement Community Foundation Inc's EIN (Employer Identification Number) is 34-1779303. IRS Form 990 filing data is available on this page for 2020–2024.

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

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