The LRE Foundation is a private foundation based in Long Lake, Minnesota, established in 2006. It is a grantmaking organization focused on supporting nonprofit initiatives across multiple states.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$15.7M
+1.3% YoY
Annual Giving
$1.1M
+8.9% YoY
Grant Count
24
-4.0% YoY
Avg Grant Size
$46K
+13.4% YoY
Mission & Focus Areas
The foundation supports three primary focus areas:
- Education
- Human Services
- Youth Development
Grantmaking
The foundation operates on an invite-only basis and does not accept unsolicited applications.
Grant Range
$40,000
Average Grant
$182
How to Apply
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Geographic Focus
Where this funder awards grants
The foundation provides funding across three states:
- Minnesota (primary focus, including cities such as Boone, Edina, Hopkins, Minneapolis, Roseville, St. Louis Park, and St. Paul)
- North Carolina (including Charlotte)
- New York (including New York City)
Grant Distribution by State
Cities
Financial History
Multi-year comparison from IRS filings
Assets:
- Total assets: $15.7 million (as of 2024)
- Asset growth: +2.6% from previous year
Annual Activity (2024):
- Total revenues: $1,371,418
- Total expenses: $1,163,281
- Total grants, contributions: $500,000
- Investment income and dividends: $578,412
- Net gain from sale of non-inventory assets: $293,006
- Giving rate: 7.0% of assets
Staffing:
- No employees listed on tax filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $15,724,594 | $15,516,536 | $15,586,845 |
| Revenue | $1,371,418 | $991,626 | $1,032,510 |
| Expenses | $1,163,281 | $1,061,320 | $1,083,367 |
| Qualifying Distributions | $1,124,367 | $1,034,300 | $1,054,232 |
| Net Investment Income | $832,504 | $714,606 | $503,375 |
| Distributable Amount | $1,146,420 | $1,032,574 | $1,039,507 |
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
127 grants across all recorded years
Giving History
Grant recipients and amounts by year
No grants recorded for .
Leadership & Key People
Leadership team and compensation from IRS filings
Board of Trustees:
- Gregory R. Page
- Laura P. Bohlander (receives compensation of $20,000)
- Elizabeth Merry
- Robert Page
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| GREGORY R PAGE | TRUSTEE | 1 | — |
| LAURA P BOHLANDER | TRUSTEE | 4 | $20,000 |
| ELIZABETH MERRY | TRUSTEE | 1 | — |
| ROBERT PAGE | TRUSTEE | 1 | — |
Recent News & Activity
Recent developments and announcements
The LRE Foundation hosted a Charity Golf Tournament that raised over $630,000 for local community organizations.
Over $630,000 Raised for Local Community Organizations through the LRE FoundationSubject Areas
Focus areas based on grantmaking activity
Related Funders
Similar funders by location and focus area
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Assets
—
Grants
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Total Given
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The Geyer Family Foundation
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Assets
—
Grants
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Total Given
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Love 4 One Another Charities
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Assets
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Total Given
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Donald and Luella Zibell Family Foundation
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Assets
—
Grants
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Total Given
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Minnesota Citizens Concerned
MINNEAPOLIS, MN
Assets
$745K
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Total Given
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Clearway Minnesota (sm)
MINNEAPOLIS, MN
Assets
—
Grants
6
Total Given
$442K
Data last updated April 2026. Sourced from IRS Form 990-PF filings. Research dossier generated April 2026.
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