Lincoln Electric Fdn PFDN
Lincoln Electric Fdn PFDN is a private foundation located in Brooklyn, Ohio. Its 2024 filing states that awards are limited to scientific, educational, literary, religious, and charitable purposes.
Lincoln Electric Fdn PFDN at a glance
In short: Lincoln Electric Fdn PFDN gave $1.6M across 1 grant in 2024 (avg $1.6M), mostly in Ohio. Source: 2024 IRS Form 990-PF.
- Annual giving (2024)
- $1,633,159
- +11.4% vs 2023
- Grants made (2024)
- 1
- +0.0% vs 2023
- Average grant
- $1,633,159
- +11.4% vs 2023
- Median grant
- $1,633,159
- Total assets
- $4,738,844
- +50.7% vs 2023
- Primary geography
- Ohio (100% of itemized 2024 grant dollars)
- Latest 990 filing
- Form 990-PF, 2024 View filing
Data from IRS Form 990-PF, 2024; updated October 2026.
How to apply to Lincoln Electric Fdn PFDN
- How to Apply
-
The filing says there is no printed form. Applicants should submit a written request expressing their desire to receive a grant, with supporting documentation of their cause and audited financial reports. The filing names Agnes Marountas as the contact for applications.
- Review Cycle
- September 20 of each year.
- Deadline
- September 20 of each year.
- Contact
Application contact: Agnes Marountas
Mailing address: Keybank 127 Public Square, Cleveland, OH 44114
Phone: (216) 689-0416
Application details from Grantable's research on the foundation's public materials; confirm on its website before applying.
Who Lincoln Electric Fdn PFDN funds
How this funder distributes its grants
Grant Size Distribution
171 grants across all recorded years
The most common grant size was under $50K: 155 grants of 171 (91%).
Geographic Focus
Where this funder awards grants
The 2024 filing does not itemize recipients, so the geographic distribution of its grants is not available.
Grant Distribution by State
Share of the 2024 grant dollars on its one itemized grant.
States
Cities
How Lincoln Electric Fdn PFDN gives
- Giving fell 55% from 2021 to 2024. Method
- In 2024 it paid out 723% of its IRS minimum distribution (the 5% rule). 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
From 2020 to 2024, annual grant giving ranged from $1.2M (2020) to $3.6M (2021). In 2024 it made 1 grant totaling $1.6M.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| See Attached List Brooklyn, OH | Unrestricted | $1,633,159 |
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Financial History
Multi-year comparison from IRS filings
| Filing year | Total Assets | Revenue | Expenses | Grants paid | Grants | Qualifying Distributions | Net Investment Income | Distributable Amount |
|---|---|---|---|---|---|---|---|---|
| 2024 | $4,738,844 | $3,240,036 | $1,645,197 | $1,633,159 | 1 | $1,636,396 | $233,474 | $226,477 |
| 2023 | $3,144,051 | $2,537,553 | $1,474,361 | $1,466,658 | 1 | $1,469,486 | $132,678 | $149,049 |
| 2022 | $2,080,859 | $1,426,067 | $1,536,042 | $1,526,752 | 88 | $1,532,288 | $22,218 | $106,238 |
| 2021 | $2,190,834 | $3,411,911 | $3,608,199 | $3,601,750 | 1 | $3,604,111 | — | $118,069 |
| 2020 | $2,188,792 | $21,561 | $1,168,334 | $1,161,000 | 80 | — | $17,148 | $118,679 |
Under IRS private-foundation payout rules, Lincoln Electric Fdn PFDN reported a distributable amount of $226K for 2024 — the minimum it must pay out in qualifying distributions.
Research compiled by Grantable AI from public sources. Last updated September 2026.
Mission & Focus Areas
The foundation’s stated award restrictions are that grants be used exclusively for scientific, educational, literary, religious, and charitable purposes. It does not restrict giving to preselected organizations.
Grantmaking
In 2024, the foundation reported grants totaling $1,633,159 for unrestricted purposes; the recipients were filed as an attached list and are not itemized in the filing data. In 2022, it reported 88 grants totaling $1,526,752. Its 2024 filing, the latest on this page, reports 1 grant totaling $1.6 million.
Leadership & Key People
Leadership team and compensation from IRS filings
KeyBank N A is listed as trustee.
Lincoln Electric Fdn PFDN's only listed officer is Keybank N A, Trustee on every filing since 2020 (compensated).
Officers on the 2024 filing
Keybank N A
Trustee
On filings since 2020
1 hr/week
$6K (2020) → $9K (2024)
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.
Compensation Overview
From 2024 IRS filing
The highest reported compensation on the 2024 filing was $9K, to Keybank N a (Trustee).
Frequently asked questions about Lincoln Electric Fdn PFDN
How much does Lincoln Electric Fdn PFDN give each year?
Lincoln Electric Fdn PFDN gave $1.6M across 1 grant in 2024, according to its 2024 IRS Form 990-PF. In 2023 it gave $1.5M across 1 grant.
How large is Lincoln Electric Fdn PFDN?
Lincoln Electric Fdn PFDN reported $4.7M in total assets on its 2024 IRS Form 990-PF. It paid out $1.6M in qualifying distributions that year, against a required minimum of $226K (roughly 5% of its investment assets).
What does Lincoln Electric Fdn PFDN fund?
The foundation’s stated award restrictions are that grants be used exclusively for scientific, educational, literary, religious, and charitable purposes. It does not restrict giving to preselected organizations. See mission & focus areas ↑
How do I apply for a grant from Lincoln Electric Fdn PFDN?
The filing says there is no printed form. Eligibility and process details are in the grantmaking section of this profile. See how to apply ↑
Where does Lincoln Electric Fdn PFDN make grants?
The 2024 filing does not itemize recipients, so the geographic distribution of its grants is not available.
What is Lincoln Electric Fdn PFDN's EIN?
Lincoln Electric Fdn PFDN's EIN (Employer Identification Number) is 34-6518355. IRS Form 990 filing data is available on this page for 2020–2024.
Data last updated October 2026. Sourced from IRS Form 990-PF filings. Research dossier generated September 2026.
Data update history
(1)
When this profile's IRS filing data changed on Grantable
- 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 Lincoln Electric Fdn PFDN'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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