Licking County Foundation Inc logo

Licking County Foundation Inc

NEWARK, OH EIN: 31-1760702 Website

Licking County Foundation is a public charitable organization and community foundation established in 1956 in Newark, Ohio. The Foundation operates as a family of nearly 350 charitable funds contributed by individuals, businesses, and organizations. It functions as a grantmaking institution that distributes earnings from permanent charitable assets to benefit the Licking County community.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$163.6M

+13.7% YoY

Annual Giving

$4.6M

+40.8% YoY

Grant Count

100

+0.0% YoY

Avg Grant Size

$46K

+40.8% YoY

Research compiled by Grantable AI from public sources. Last updated April 2026.

Mission & Focus Areas

Mission: Improve the quality of life for all citizens of Licking County and distribute earnings from permanent charitable assets to benefit the entire community.

Primary Focus Areas:

  • Health and human services
  • Arts and culture
  • Education
  • Parks and recreation
  • Environment
  • Economic development
  • Public safety
  • Community and economic development
  • Educational initiatives

The Foundation emphasizes strengthening community resources through support of qualified charitable organizations. In recent years, the Foundation has shifted toward trust-based philanthropy, a model that prioritizes relationships with nonprofit organizations, continuous learning, systemic equity, mutual accountability, and partnership in service to the community.

Grantmaking

The Foundation disbursed $4.6 million in 2024 to 163 unique Licking County organizations. In 2024, the Foundation received $10,456,128 in gifts.

Grant Types

**

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Geographic Focus

Where this funder awards grants

Licking County, Ohio, with primary focus on local organizations and citizens. Some grantmaking extends to Ohio, West Virginia, and Virginia.

Grant Distribution by State

12states
+4 more states

Cities

AlexandriaArlingtonBalsamBooneBuckeye LakeClevelandColumbusCrotonFort MyersFrazeysburgGranvilleGrove CityHeathHebronHilliardHuntingtonIndianapolisIrontonJacksonvilleJohnstown

Financial History

Multi-year comparison from IRS filings

As of 2023:

  • Total Assets: $143,837,881
  • Total Revenues: $14,477,404
  • Total Expenses: $6,145,595
  • Number of Employees: 10

As of 2024:

  • Total Assets: $163,592,336
  • Total Giving: $5,891,045
Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$12M$25M$37M$49M20202021202220232024
Metric202420232022
Total Assets$163,592,336$143,837,881$127,535,526
Revenue$44,601,344$14,477,404$12,252,968
Expenses$7,678,147$6,145,595$7,635,351
Qualifying Distributions
Net Investment Income$34,094,142$11,221,051$4,332,264
Distributable Amount

Giving Over Time

Total grant dollars and number of grants per year

$0$1M$2M$3M$5M91 grants2020140 grants202198 grants2022100 grants2023100 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 10 recipients in 2024

BUCKEYE VALLEY FAMILY YMCA$285KA CALL TO COLLEGE$187KCENTRAL OHIO TECHNICAL C…$76KAMERICAN RED CROSS EAST …$68KLICKING COUNTY HUMANE SO…$53KLICKING COUNTY HEALTH DE…$40KCENTRAL OHIO TECHNICAL C…$39KGRANVILLE PUBLIC LIBRARY$38KLICKING COUNTY BOARD OF …$35KLICKINGKNOX GOODWILL IND…$33K

Grant Size Distribution

250 grants across all recorded years

222<$50K17$50–100K9$100–250K2$250–500K$500K–1M$1–5M$5M+

Open Grants

7 open opportunities from Licking County Foundation Inc

Show all 7 →

Giving History

Grant recipients and amounts by year

No grants recorded for .

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

MIKE SCHMIDTPRESIDENT$153KDEAN BUSACKVP OF FINANCE & OPERATIONS$116K

From 2024 filing

NameTitleHoursCompensation
MOLLY INGOLDCHAIR2
WARREN WEBERVICE CHAIR2
JOAN FRANKSSECRETARY & TREASURER2
NOBLE SNOWIMMEDIATE PAST CHAIR2
KIM COPLINDIRECTOR1
DOUG FELLERDIRECTOR1
CHASE GHILONIDIRECTOR1
ANDREW GUANCIALEDIRECTOR1
SCOTT HAYESDIRECTOR1
DEBORAH KOHMANDIRECTOR1
CYNTHIA MENZERDIRECTOR1
ROBERT O'NEILLDIRECTOR1
JEANETTA PYLEDIRECTOR1
MICHAEL WHITEHEADDIRECTOR1
DEAN BUSACKVP OF FINANCE & OPERATIONS40$115,800
MIKE SCHMIDTPRESIDENT40$153,300

Recent News & Activity

Recent developments and announcements

The Foundation announced a major initiative to address housing and homelessness through the Licking County Housing Collaborative, bringing housing within reach for community members.

Licking County Foundation announces major initiative to address housing and

The Foundation completed restoration of the Louis Sullivan Building of Newark, a historic landmark on the Courthouse Square at One North Third Street that has graced the area for over a century.

2024

The Foundation published its 2024 Annual Report documenting community impact.

Contact Information

Address: 30 N 2nd Street, Newark, OH 43055-5610

Phone: 740-349-3863

Website: www.thelcfoundation.org

Data last updated April 2026. Sourced from IRS Form 990-PF filings. Research dossier generated April 2026.

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