Lola Leu Foundation

MILWAUKEE, WI EIN: 20-7548727

Lola Leu Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in MILWAUKEE, WI. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $4.2M in total assets. In 2024, it awarded 2 grants totaling $225K. Net investment income was $475K.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$4.2M

+6.0% YoY

Annual Giving

$225K

-22.0% YoY

Grant Count

2

+0.0% YoY

Avg Grant Size

$113K

-22.0% YoY

Under IRS private-foundation payout rules, Lola Leu Foundation reported a distributable amount of $252K for 2024 — the minimum it must pay out in qualifying distributions.

About Lola Leu Foundation

Based on IRS filings

Lola Leu Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in MILWAUKEE, WI. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $4.2M in total assets. In 2024, it awarded 2 grants totaling $225K. Net investment income was $475K.

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

2states

Cities

Grand IslandRapid City

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$143K$285K$428K$570K20202021202220232024
Metric202420232022
Total Assets$4,223,123$3,984,939$3,834,198
Revenue$518,611$486,374$148,684
Expenses$280,253$335,438$314,976
Qualifying Distributions$232,252$294,891$274,546
Net Investment Income$475,447$450,465$111,987
Distributable Amount$251,903$231,399$295,134

Giving Over Time

Total grant dollars and number of grants per year

$0$72K$144K$217K$289K2 grants20202 grants20212 grants20222 grants20232 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 2 recipients in 2024

DIOCESE OF GRAND ISLAND$164KDIOCESE OF RAPID CITY$61K

Grant Size Distribution

10 grants across all recorded years

<$50K5$50–100K5$100–250K$250–500K$500K–1M$1–5M$5M+

Giving History

Grant recipients and amounts by year

Among its reported 2024 grants, the largest include Diocese of Grand Island ($164,473), Diocese of Rapid City ($60,833).

RecipientPurposeAmount
DIOCESE OF GRAND ISLAND GRAND ISLAND, NEGENERAL OPERATING$164,473
DIOCESE OF RAPID CITY RAPID CITY, SDGENERAL OPERATING$60,833

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

From 2024 filing

NameTitleHoursCompensation
BRIAN DEBRIETRUSTEE1
FATHER JAMES O' KANETRUSTEE1
FATHER NEAL HOCKTRUSTEE1

Subject Areas

Focus areas based on grantmaking activity

Frequently Asked Questions

What is Lola Leu Foundation?

Lola Leu Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in MILWAUKEE, WI. It holds $4.2M in total assets as of 2024.

How large is Lola Leu Foundation?

As of 2024, Lola Leu Foundation holds $4.2M in total assets with $519K in annual revenue. It awarded 2 grants totaling $225K in 2024.

Where does Lola Leu Foundation operate?

Lola Leu Foundation has awarded grants in Nebraska, South Dakota.

What size grants does Lola Leu Foundation award?

In 2024, Lola Leu Foundation awarded 2 grants totaling $225K — an average of about $113K per grant, based on its IRS Form 990 filings.

How much is Lola Leu Foundation required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2024, Lola Leu Foundation reported a distributable amount of $252K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.

What is Lola Leu Foundation's EIN?

Lola Leu Foundation's EIN (Employer Identification Number) is 20-7548727. 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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