The Carl a Lemcool Memorial

TRAVERSE CITY, MI EIN: 38-2491833

The Carl a Lemcool Memorial is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in TRAVERSE CITY, MI. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $1.0M in total assets. In 2024, it awarded 5 grants totaling $60K. Net investment income was $56K.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$1.0M

+2.5% YoY

Annual Giving

$60K

-38.5% YoY

Grant Count

+0.0% YoY

Avg Grant Size

$12K

-38.5% YoY

Under IRS private-foundation payout rules, The Carl a Lemcool Memorial reported a distributable amount of $48K for 2024 — the minimum it must pay out in qualifying distributions.

About The Carl a Lemcool Memorial

Based on IRS filings

Focus Areas

Philanthropy, Voluntarism & Grantmaking

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

Michigan $277K (100%)

States

Michigan

Cities

Traverse City

Financial History

Multi-year comparison from IRS filings

Revenue

Expenses

Qualifying Distributions

Net Investment Income

Metric	2024	2023	2022
Total Assets	$1,008,673	$983,777	$967,080
Revenue	$55,310	$83,541	$102,649
Expenses	$72,511	$108,353	$62,343
Qualifying Distributions	$72,186	$108,320	$62,343
Net Investment Income	$55,915	$83,541	$102,649
Distributable Amount	$48,287	$46,879	$51,267

Giving Over Time

Total grant dollars and number of grants per year

Grant Insights

How this funder distributes its grants

Top Recipients

Top 5 recipients in 2024

Grant Size Distribution

18 grants across all recorded years

Giving History

Grant recipients and amounts by year

Among its reported 2024 grants, the largest include Tcc Athletic Boosters - Boys Lacrosse ($38,000), Grand Traverse Area Veterans Coalition ($8,000), Central United Methodist Church Community Outreach ($5,000).

Recipient	Purpose	Amount
TCC ATHLETIC BOOSTERS - BOYS LACROSSE TRAVERSE CITY, MI	PROVIDED AMOUNT TO SUPPORT INITIAL YEAR OF THE TRAVERSE CITY CENTRAL BOYS LACROSSE PROGRAM INCLUDING HELMETS, UNIFORMS AND GLOVES.	$38,000
GRAND TRAVERSE AREA VETERANS COALITION TRAVERSE CITY, MI	PROVIDED AMOUNT TO SUPPORT THE REPAIR OF DAMAGED MONUMENTS AND PAVILION.	$8,000
CENTRAL UNITED METHODIST CHURCH COMMUNITY OUTREACH TRAVERSE CITY, MI	PROVIDED AMOUNT TO SUPPORT THEIR MISSION TO PROVIDE BREAKFAST AND LUNCH TO THOSE IN NEED.	$5,000
PROJECT FEED THE KIDS TRAVERSE CITY, MI	PROVIDED AMOUNT FOR THE PURCHASE OF AN ADDITIONAL COOLER TO SUPPORT THEIR MISSION OF PROVIDING MEALS TO THOSE IN NEED.	$5,000
TCAPS - STUDENT SUPPORT NETWORK TRAVERSE CITY, MI	PROVIDED AMOUNT TO SUPPORT MISSION OF PROVIDING FREE, SUPPORTIVE, EDUCATION-RELATED SERVICES AND NON-ACADEMIC SUPPORT TO ALL STUDENTS TO HELP OVERCOME OBSTACLES THAT MAY CREATE BARRIERS TO LEARNING.	$4,000

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

From 2024 filing

Name	Title	Hours	Compensation
AARON MANSFIELD	TREASURER	1	—
WILLIAM HEMMING	DIRECTOR	1	—
RALEIGH NEWMAN	DIRECTOR	1	—
TYLER BARTOSH	PRESIDENT/SECRETARY	1	—
NORM FRED	DIRECTOR	1	—

Subject Areas

Focus areas based on grantmaking activity

Philanthropy, Voluntarism & Grantmaking

Frequently Asked Questions

What is The Carl a Lemcool Memorial?

The Carl a Lemcool Memorial is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in TRAVERSE CITY, MI. It holds $1.0M in total assets as of 2024.

How large is The Carl a Lemcool Memorial?

As of 2024, The Carl a Lemcool Memorial holds $1.0M in total assets with $55K in annual revenue. It awarded 5 grants totaling $60K in 2024.

Where does The Carl a Lemcool Memorial operate?

The Carl a Lemcool Memorial has awarded grants in Michigan.

What size grants does The Carl a Lemcool Memorial award?

In 2024, The Carl a Lemcool Memorial awarded 5 grants totaling $60K — an average of about $12K per grant, based on its IRS Form 990 filings.

How much is The Carl a Lemcool Memorial required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2024, The Carl a Lemcool Memorial reported a distributable amount of $48K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.