The Lakes Charitable Foundation
The Lakes Charitable Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in WILMINGTON, DE. IRS filing data is available from 2020 through 2023. As of 2023, the organization holds $215K in total assets. In 2023, it awarded 3 grants totaling $22K. Net investment income was $6K.
Financial Overview
From 2023 IRS Form 990-PF · View filing
Total Assets
$215K
-16.0% YoY
Annual Giving
$22K
-77.6% YoY
Grant Count
3
-25.0% YoY
Avg Grant Size
$7K
-70.1% YoY
Under IRS private-foundation payout rules, The Lakes Charitable Foundation reported a distributable amount of $58K for 2023 — the minimum it must pay out in qualifying distributions.
About The Lakes Charitable Foundation
Based on IRS filings
The Lakes Charitable Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in WILMINGTON, DE. IRS filing data is available from 2020 through 2023. As of 2023, the organization holds $215K in total assets. In 2023, it awarded 3 grants totaling $22K. Net investment income was $6K.
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 | 2023 | 2022 | 2021 |
|---|---|---|---|
| Total Assets | $214,580 | $255,474 | $331,888 |
| Revenue | $-8,019 | $32,509 | $46,763 |
| Expenses | $32,875 | $108,923 | $93,573 |
| Qualifying Distributions | $32,700 | $107,829 | $92,467 |
| Net Investment Income | $6,461 | — | $6,657 |
| Distributable Amount | $58,327 | $11,331 | $112,418 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 3 recipients in 2023
Grant Size Distribution
21 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2023 grants, the largest include Baymarin Community Church ($20,000), League to Save Lake Tahoe ($1,000), Tahoe Rim Trail Association ($1,000).
| Recipient | Purpose | Amount |
|---|---|---|
| BAYMARIN COMMUNITY CHURCH SAN RAFAEL, CA | General & Unrestricted | $20,000 |
| LEAGUE TO SAVE LAKE TAHOE S LAKE TAHOE, CA | General & Unrestricted | $1,000 |
| TAHOE RIM TRAIL ASSOCIATION STATELINE, NV | General & Unrestricted | $1,000 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2023 IRS filing
From 2023 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| Kevin Carnahan | Co-Pres, Dir, Sec | 10 | — |
| Laurie Carnahan | Co- Pres, Dir | 5 | — |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is The Lakes Charitable Foundation?
The Lakes Charitable Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in WILMINGTON, DE. It holds $215K in total assets as of 2023.
How large is The Lakes Charitable Foundation?
As of 2023, The Lakes Charitable Foundation holds $215K in total assets with $-8,019 in annual revenue. It awarded 3 grants totaling $22K in 2023.
Where does The Lakes Charitable Foundation operate?
The Lakes Charitable Foundation has awarded grants in Arizona, California, District of Columbia, Iowa, Maryland, Nevada.
What size grants does The Lakes Charitable Foundation award?
In 2023, The Lakes Charitable Foundation awarded 3 grants totaling $22K — an average of about $7K per grant, based on its IRS Form 990 filings.
How much is The Lakes Charitable Foundation required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2023, The Lakes Charitable Foundation reported a distributable amount of $58K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is The Lakes Charitable Foundation's EIN?
The Lakes Charitable Foundation's EIN (Employer Identification Number) is 27-1424586. IRS Form 990 filing data is available on this page for 2020–2023.
Explore Open Grants
Browse active grant opportunities in The Lakes 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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