Laurlene Straughn Pratt Foundation Inc

Private foundation · Grantmaker Towson, MD EIN: 45-3830181

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

1state

States

Cities

Baltimore

Giving Over Time

Total grant dollars and number of grants per year

$0$2.5K$5K$7.5K$10K1 grant2021 0 grants2022 0 grants2023 0 grants2024 0 grants2025

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

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

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

Revenue
Expenses
Net Investment Income
$0$20K$40K$60K$80K2021 2022 2023 2024 2025
Metric202520242023
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

  1. Updated Form 990-PF for fiscal year 2021 (received by the IRS August 31, 2021)
  2. Updated Form 990-PF for fiscal year 2022 (received by the IRS August 31, 2022)
  3. Updated Form 990-PF for fiscal year 2023 (received by the IRS August 30, 2023)
  4. Updated Form 990-PF for fiscal year 2024 (received by the IRS August 28, 2024)
  5. Updated Form 990-PF for fiscal year 2025 (received by the IRS August 26, 2025)
  6. 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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