Lokken O'dea Ii Family Foundation
Lokken O'dea Ii Family Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in HOLLAND, MI. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $415K in total assets. In 2024, it awarded 4 grants totaling $30K. Net investment income was $11K.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$415K
+13.4% YoY
Annual Giving
$30K
+20.0% YoY
Grant Count
4
-20.0% YoY
Avg Grant Size
$8K
+50.0% YoY
Under IRS private-foundation payout rules, Lokken O'dea Ii Family Foundation reported a distributable amount of $20K for 2024 — the minimum it must pay out in qualifying distributions.
About Lokken O'dea Ii Family Foundation
Based on IRS filings
Lokken O'dea Ii Family Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in HOLLAND, MI. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $415K in total assets. In 2024, it awarded 4 grants totaling $30K. Net investment income was $11K.
Focus Areas
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
States
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $414,852 | $365,743 | $385,338 |
| Revenue | $85,964 | $17,001 | $56,645 |
| Expenses | $43,536 | $36,646 | $39,974 |
| Qualifying Distributions | $30,000 | $25,000 | $26,000 |
| Net Investment Income | $10,964 | $13,660 | $13,593 |
| Distributable Amount | $20,281 | $17,866 | $17,553 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 4 recipients in 2024
Grant Size Distribution
23 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include Hope College ($15,000), Children International ($5,000), Harbor Humance Society Mi ($5,000).
| Recipient | Purpose | Amount |
|---|---|---|
| CHILDREN INTERNATIONAL KANSAS CITY, MO | GENERAL SUPPORT | $5,000 |
| HARBOR HUMANCE SOCIETY MI WEST OLIVE, MI | GENERAL SUPPORT | $5,000 |
| HOPE COLLEGE HOLLAND, MI | GENERAL SUPPORT | $15,000 |
| HUMANITYSHARE ORG CHICAGO, IL | GENERAL SUPPORT | $5,000 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| WENDY LOKKEN | PRESIDENT | — | — |
| NORTON LOKKEN | SECRETARY | — | — |
| MICHAEL JOHN O'DEA II | TREASURER | — | — |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is Lokken O'dea Ii Family Foundation?
Lokken O'dea Ii Family Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in HOLLAND, MI. It holds $415K in total assets as of 2024.
How large is Lokken O'dea Ii Family Foundation?
As of 2024, Lokken O'dea Ii Family Foundation holds $415K in total assets with $86K in annual revenue. It awarded 4 grants totaling $30K in 2024.
Where does Lokken O'dea Ii Family Foundation operate?
Lokken O'dea Ii Family Foundation has awarded grants in District of Columbia, Florida, Illinois, Kentucky, Michigan, Missouri, New Jersey, New York, Pennsylvania, Virginia.
What size grants does Lokken O'dea Ii Family Foundation award?
In 2024, Lokken O'dea Ii Family Foundation awarded 4 grants totaling $30K — an average of about $8K per grant, based on its IRS Form 990 filings.
How much is Lokken O'dea Ii Family Foundation required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, Lokken O'dea Ii Family Foundation reported a distributable amount of $20K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is Lokken O'dea Ii Family Foundation's EIN?
Lokken O'dea Ii Family Foundation's EIN (Employer Identification Number) is 82-3677057. IRS Form 990 filing data is available on this page for 2020–2024.
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.
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