LGA Foundation

Private foundation · Grantmaker Winston-Salem, NC EIN: 27-3131770

LGA Foundation is a private foundation, based in Winston-Salem, NC. IRS filing data is available from 2019 through 2025. As of 2025, the organization holds $541K in total assets. In 2025, it awarded 1 grant totaling $50K. Net investment income was $37K.

LGA Foundation at a glance

In short: LGA Foundation gave $50K across 1 grant in 2025 (avg $50K), mostly in North Carolina. Source: 2025 IRS Form 990-PF.

Annual giving (2025)
$50,000
+0.0% vs 2024
Grants made (2025)
1
-50.0% vs 2024
Average grant
$50,000
+100.0% vs 2024
Median grant
$50,000
Total assets
$540,874
-22.7% vs 2024
Primary geography
North Carolina (100% 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 LGA Foundation funds

How this funder distributes its grants

Top Recipients

Top recipient in 2025

Daughters of the Virgin Mother: $50KDaughters of the Virgin Mother$50K

The largest 2025 recipient was Daughters of the Virgin Mother ($50K).

Grant Size Distribution

8 grants across all recorded years

7<$50K1$50–100K$100–250K$250–500K$500K–1M$1–5M$5M+

The most common grant size was under $50K: 7 grants of 8 (88%).

Geographic Focus

Where this funder awards grants

Grant Distribution by State

5states

Share of the 2025 grant dollars on its one itemized grant.

Cities

Staten IslandChicagoGastoniaGlenshawImmokaleePittsburgh

How LGA Foundation gives

  • Giving grew 400% from 2022 to 2025. 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$250K$500K$750K$1M1 grant2019 0 grants2020 2 grants2021 1 grant2022 2 grants2023 2 grants2024 1 grant2025

From 2019 to 2025, annual grant giving ranged from $10K (2022) to $1.0M (2019). In 2025 it made 1 grant totaling $50K.

Grants by year

Grant recipients and amounts by year

RecipientPurposeAmount
Daughters of the Virgin Mother Gastonia, NCReligious$50,000
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Financial History

Multi-year comparison from IRS filings

Figures from IRS filings, by filing year
Filing yearTotal AssetsRevenueExpensesGrants paidGrantsQualifying DistributionsNet Investment Income
2025$540,874$28,439$51,740$50,0001$50,000$36,682
2024$700,111—$51,760$50,0002$50,000$8,576
2023$616,026—$51,660$50,0002$50,000$20,511
2022$626,273—$11,650$10,0001$10,000$47,613
2021$750,906$13,805$35,000$35,0002$35,000$64,472
2020$535,429—$1,630———$14,769
2019$255,181—$1,001,630$1,000,0001—$49,152

Leadership & Key People

Officers and directors from IRS filings

LGA Foundation is led by Louis Argenta, President on every filing since 2019; none of the 2 officers listed in 2025 report compensation.

Officers on the 2025 filing

  • Louis Argenta

    President

    On filings since 2019

    4 hrs/week

    No compensation reported

  • Mary Jo Argenta

    Secretary

    On filings since 2019

    2 hrs/week

    No compensation reported

Data from IRS Form 990 filings, 2019–2025. "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 LGA Foundation

How much does LGA Foundation give each year?

LGA Foundation gave $50K across 1 grant in 2025, according to its 2025 IRS Form 990-PF. In 2024 it gave $50K across 2 grants.

How large is LGA Foundation?

LGA Foundation reported $541K in total assets on its 2025 IRS Form 990-PF. Its revenue that year was $28K.

Where does LGA Foundation operate?

LGA Foundation has awarded grants in Florida, Illinois, North Carolina, New York, Pennsylvania.

What is LGA Foundation's EIN?

LGA Foundation's EIN (Employer Identification Number) is 27-3131770. IRS Form 990 filing data is available on this page for 2019–2025.

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

Data update history

(3)

When this profile's IRS filing data changed on Grantable

  1. Added Form 990-PF for fiscal year 2019 (received by the IRS June 30, 2020)
  2. Added Form 990-PF for fiscal year 2025 (received by the IRS July 29, 2026)
  3. IRS filings on file for fiscal years 2020–2024

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

Figures come from LGA 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.

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