Lovsted Family Charitable Foundation
Lovsted Family Charitable Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in MERCER ISLAND, WA. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $5.1M in total assets. In 2024, it awarded 28 grants totaling $216K. Net investment income was $338K.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$5.1M
+9.3% YoY
Annual Giving
$216K
+17.4% YoY
Grant Count
28
+3.7% YoY
Avg Grant Size
$8K
+13.2% YoY
Under IRS private-foundation payout rules, Lovsted Family Charitable Foundation reported a distributable amount of $241K for 2024 — the minimum it must pay out in qualifying distributions.
About Lovsted Family Charitable Foundation
Based on IRS filings
Lovsted Family Charitable Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in MERCER ISLAND, WA. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $5.1M in total assets. In 2024, it awarded 28 grants totaling $216K. Net investment income was $338K.
Focus Areas
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $5,144,575 | $4,707,921 | $3,747,747 |
| Revenue | $339,336 | $161,005 | $217,068 |
| Expenses | $219,348 | $187,984 | $273,153 |
| Qualifying Distributions | $216,000 | $184,000 | $269,600 |
| Net Investment Income | $338,434 | $160,260 | $216,339 |
| Distributable Amount | $241,184 | $210,456 | $206,282 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 10 recipients in 2024
Grant Size Distribution
140 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include Vine Maple Place ($75,500), University of Washington ($35,500), Childhaven ($15,000).
| Recipient | Purpose | Amount |
|---|---|---|
| ASSOCIATION RECREATION COUNCIL - GREEN LAKE ROWING SEATTLE, WA | TO HELP THE ORGANIZATION BUY AND MAINTAIN BOATS AND EQUIPMENT | $5,000 |
| CHILDHAVEN SEATTLE, WA | PROVIDE YOUNG ABUSED AND NEGLECTED CHILDREN WITH CARE AND SUPPORT | $15,000 |
| DESC SEATTLE, WA | HELPING THE HOMELESS | $1,000 |
| ESPERANZA-HOPE INTERNATIONAL LANCASTER, PA | TO HELP PROVIDE FINANCIAL AND HEALTH SERVICES TO FAMILIES LIVING IN POVERTY IN THE DOMINICAN REPUBLIC | $5,000 |
| FRED HUTCHINSON CANCER RESEARCH CENTER SEATTLE, WA | CANCER RESEARCH | $5,000 |
| KING COUNTY DEPENDENCY CASA PROGRAM SEATTLE, WA | SUPPORT FOR ABUSED AND NEGLECTED CHILDREN IN KING COUNTY | $2,000 |
| MARY'S PLACE SEATTLE, WA | TO SUPPORT IN PROVIDING SHELTER FOR HOMELESS WOMEN AND CHILDREN | $10,000 |
| MICHAEL J FOX FOUNDATION FOR PARKINSON RESEARCH NEW YORK, NY | TO FINDING A CURE FOR PARKINSON'S DISEASE THROUGH AN AGGRESSIVELY FUNDED RESEARCH AGENDA | $5,000 |
| MISSION SCHOLARS - SANTA BARBARA EDUCATION FOUNDATION SANTA BARBARA, CA | EMPOWERING STUDENTS ON THE PATH TO COLLEGE. | $10,000 |
| NORTHWEST HARVEST SEATTLE, WA | TO SUPPORT THE FIGHT AGAINST HUNGER | $5,000 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| CARL LOVSTED | DIRECTOR | 1 | — |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is Lovsted Family Charitable Foundation?
Lovsted Family Charitable Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in MERCER ISLAND, WA. It holds $5.1M in total assets as of 2024.
How large is Lovsted Family Charitable Foundation?
As of 2024, Lovsted Family Charitable Foundation holds $5.1M in total assets with $339K in annual revenue. It awarded 28 grants totaling $216K in 2024.
Where does Lovsted Family Charitable Foundation operate?
Lovsted Family Charitable Foundation has awarded grants in California, Colorado, District of Columbia, Hawaii, Idaho, Massachusetts, New York, Pennsylvania, Washington.
What size grants does Lovsted Family Charitable Foundation award?
In 2024, Lovsted Family Charitable Foundation awarded 28 grants totaling $216K — an average of about $8K per grant, based on its IRS Form 990 filings.
How much is Lovsted Family Charitable Foundation required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, Lovsted Family Charitable Foundation reported a distributable amount of $241K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is Lovsted Family Charitable Foundation's EIN?
Lovsted Family Charitable Foundation's EIN (Employer Identification Number) is 94-3216413. IRS Form 990 filing data is available on this page for 2020–2024.
Explore Open Grants
Browse active grant opportunities in Lovsted Family Charitable Foundation's focus areas in our free grants database
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.
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