Laurlene Straughn Pratt Foundation Inc
Laurlene Straughn Pratt Foundation Inc is a private foundation, based in Towson, MD. IRS filing data is available from 2021 through 2025. As of 2025, the organization holds $208K in total assets. Net investment income was $8K.
Key facts about Laurlene Straughn Pratt Foundation Inc
- EIN
- 45-3830181
- Latest 990 filing
- Form 990-PF, 2025
- Total assets
- $207,961
Data from IRS Form 990-PF, 2025; updated October 2026.
Financial Overview
From 2025 IRS Form 990-PF · View filing
Total Assets
$208K
+3.4% YoY
Revenue
$10K
-82.7% YoY
Net Investment Income
$8K
-86.1% YoY
Expenses
$4K
+39.7% YoY
Under IRS private-foundation payout rules, Laurlene Straughn Pratt Foundation Inc reported a distributable amount of $33K for 2025 — the minimum it must pay out in qualifying distributions.
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
States
Cities
Giving Over Time
Total grant dollars and number of grants per year
In 2021 it made 1 grant totaling $10K.
Grant Insights
How this funder distributes its grants
Grant Size Distribution
1 grant across all recorded years
The most common grant size was under $50K: 1 grant of 1 (100%).
Giving History
Grant recipients and amounts by year
No grants recorded for 2025.
Financial History
Multi-year comparison from IRS filings
| Metric | 2025 | 2024 | 2023 |
|---|---|---|---|
| Total Assets | $207,961 | $201,147 | $143,233 |
| Revenue | $10,480 | $60,538 | $8,065 |
| Expenses | $3,666 | $2,624 | $2,522 |
| Net Investment Income | $7,756 | $55,644 | $6,206 |
| Distributable Amount | $33,499 | $27,357 | $24,105 |
Data update history
When this profile's IRS filing data changed on Grantable
- Updated Form 990-PF for fiscal year 2021 (received by the IRS August 31, 2021)
- Updated Form 990-PF for fiscal year 2022 (received by the IRS August 31, 2022)
- Updated Form 990-PF for fiscal year 2023 (received by the IRS August 30, 2023)
- Updated Form 990-PF for fiscal year 2024 (received by the IRS August 28, 2024)
- Updated Form 990-PF for fiscal year 2025 (received by the IRS August 26, 2025)
- IRS filings on file for fiscal years 2021–2025
Leadership & Key People
Officers and directors from IRS filings
Laurlene Straughn Pratt Foundation Inc is led by Suzanne Pratt O'Connell, President on every filing since 2021; none of the 3 officers listed in 2025 report compensation.
Officers on the 2025 filing
Suzanne Pratt O'Connell
President
On filings since 2021
0.1 hrs/week
No compensation reported
Louis F. Friedman
V.p. & Secretary
On filings since 2021
0.2 hrs/week
No compensation reported
Matthew N. Davis
Treasurer
On filings since 2021
0.2 hrs/week
No compensation reported
Data from IRS Form 990 filings, 2021–2025. "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 Laurlene Straughn Pratt Foundation Inc
How large is Laurlene Straughn Pratt Foundation Inc?
Laurlene Straughn Pratt Foundation Inc reported $208K in total assets on its 2025 IRS Form 990-PF. Its revenue that year was $10K.
Where does Laurlene Straughn Pratt Foundation Inc operate?
Laurlene Straughn Pratt Foundation Inc has awarded grants in Maryland.
How much is Laurlene Straughn Pratt Foundation Inc required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2025, Laurlene Straughn Pratt Foundation Inc reported a distributable amount of $33K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is Laurlene Straughn Pratt Foundation Inc's EIN?
Laurlene Straughn Pratt Foundation Inc's EIN (Employer Identification Number) is 45-3830181. IRS Form 990 filing data is available on this page for 2021–2025.
Data last updated October 2026. Sourced from IRS Form 990-PF filings.
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