Sam W Lake Trust

Foundation · Grantmaker JOHNSTON, RI EIN: 02-6003998

Sam W Lake Trust is a private foundation, based in JOHNSTON, RI. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $221K in total assets. In 2024, it awarded 2 grants totaling $12K. Net investment income was $9K.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$221K

-3.0% YoY

Annual Giving

$12K

+10.0% YoY

Grant Count

+0.0% YoY

Avg Grant Size

$6K

+10.0% YoY

Under IRS private-foundation payout rules, Sam W Lake Trust reported a distributable amount of $11K for 2024 — the minimum it must pay out in qualifying distributions.

About Sam W Lake Trust

Based on IRS filings

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

New Hampshire $64K (100%)

States

New Hampshire

Cities

Canterbury

Financial History

Multi-year comparison from IRS filings

Revenue

Expenses

Qualifying Distributions

Net Investment Income

Metric	2024	2023	2022
Total Assets	$220,550	$227,290	$234,686
Revenue	$11,158	$9,329	$15,080
Expenses	$18,065	$17,218	$20,286
Qualifying Distributions	$15,474	$14,609	$17,380
Net Investment Income	$8,586	$6,848	$12,365
Distributable Amount	$11,287	$10,894	$11,537

Giving Over Time

Total grant dollars and number of grants per year

Grant Insights

How this funder distributes its grants

Top Recipients

Top 2 recipients in 2024

Grant Size Distribution

10 grants across all recorded years

Giving History

Grant recipients and amounts by year

Among its reported 2024 grants, the largest include Town of Canterbury ($12,046), Canterbury Center Sunday School ($25).

Recipient	Purpose	Amount
Town of Canterbury Canterbury, NH	UNRESTRICTED GIFT	$12,046
CANTERBURY CENTER SUNDAY SCHOOL CANTERBURY, NH	UNRESTRICTED GIFT	$25

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

From 2024 filing

Name	Title	Hours	Compensation
CITIZENS BANK	TRUSTEE	—	$5,036

Frequently Asked Questions

How large is Sam W Lake Trust?

As of 2024, Sam W Lake Trust holds $221K in total assets with $11K in annual revenue. It awarded 2 grants totaling $12K in 2024.

Where does Sam W Lake Trust operate?

Sam W Lake Trust has awarded grants in New Hampshire.

What size grants does Sam W Lake Trust award?

In 2024, Sam W Lake Trust awarded 2 grants totaling $12K — an average of about $6K per grant, based on its IRS Form 990 filings.

How much is Sam W Lake Trust required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2024, Sam W Lake Trust reported a distributable amount of $11K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.