The Lakewood Foundation
THE LAKEWOOD FOUNDATION IS A PRIVATE, NOT-FOR-PROFIT, COMMUNITY-BASED ORGANIZATION. THE LAKEWOOD FOUNDATION ENHANCES THE LIVES OF LAKEWOOD RESIDENTS BY SERVING AS THE FISCAL AGENT FOR SERVICE GROUPS AND CITY DEPARTMENTS. THE TRUSTEES OF THE LAKEWOOD FOUNDATION ASSIST AND SUPPORT SPECIAL PROJECTS THEY BELIEVE WILL FURTHER THE WELL BEING OF THE LAKEWOOD COMMUNITY.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$3.2M
+9.0% YoY
Annual Giving
$86K
Grant Count
1
Avg Grant Size
$86K
About The Lakewood Foundation
Based on IRS filings
The Lakewood Foundation is a nonprofit organization focused on Philanthropy, Voluntarism & Grantmaking, based in LAKEWOOD, OH. IRS filing data is available from 2019 through 2024. As of 2024, the organization holds $3.2M in total assets. In 2024, it awarded 1 grants totaling $86K. Net investment income was $317K.
Focus Areas
Ready to take the next step with The Lakewood Foundation?
Geographic Focus
Where this funder awards grants
Grant Distribution by State
States
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $3,192,802 | $2,930,416 | $2,631,507 |
| Revenue | $640,766 | $547,787 | $305,398 |
| Expenses | $428,380 | $248,878 | $205,583 |
| Qualifying Distributions | — | — | — |
| Net Investment Income | $317,184 | $307,347 | $59,990 |
| Distributable Amount | — | — | — |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 1 recipients in 2024
Grant Size Distribution
2 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include City of Lakewood ($86,416).
| Recipient | Purpose | Amount |
|---|---|---|
| CITY OF LAKEWOOD LAKEWOOD, OH | HUMAN SERVICES | $86,416 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| KAREN LEE | PRESIDENT | 2 | — |
| LINDSEY GRDINA | VICE PRESIDE | 2 | — |
| CYNTHIA COSTELLO | TREASURER | 2 | — |
| NORA KATZENBERGER | SECRETARY | 2 | — |
| MICHAEL BENTLEY | DIRECTOR | 2 | — |
| KATHY HABER | DIRECTOR | 2 | — |
| ATHENA LOUGHRIN | DIRECTORT | 2 | — |
| BETSY SHAUGHNESSY | DIRECTOR | 2 | — |
| JUDY WRIGHT | DIRECTOR | 2 | — |
| JOHN ZANGHI | DIRECTOR | 2 | — |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is The Lakewood Foundation?
The Lakewood Foundation is a nonprofit organization focused on Philanthropy, Voluntarism & Grantmaking, based in LAKEWOOD, OH. It holds $3.2M in total assets as of 2024.
How large is The Lakewood Foundation?
As of 2024, The Lakewood Foundation holds $3.2M in total assets with $641K in annual revenue. It awarded 1 grants totaling $86K in 2024.
Where does The Lakewood Foundation operate?
The Lakewood Foundation has awarded grants in Ohio.
What size grants does The Lakewood Foundation award?
In 2024, The Lakewood Foundation awarded 1 grants totaling $86K — an average of about $86K per grant, based on its IRS Form 990 filings.
What is The Lakewood Foundation's EIN?
The Lakewood Foundation's EIN (Employer Identification Number) is 31-1529669. IRS Form 990 filing data is available on this page for 2019–2024.
Explore Open Grants
Browse active grant opportunities in The Lakewood Foundation's focus areas in our free grants database
Similar Funders
Funders that support many of the same organizations
Ohio Child Care Resource and Referral
COLUMBUS, OH
Assets
$12.8M
Grants
5,308
Total Given
$279.7M
Columbus Foundation
COLUMBUS, OH
Assets
$2.8B
Grants
1,747
Total Given
$242.7M
The Independent Charitable Gift Fund
HUDSON, OH
Assets
$575.4M
Grants
1,444
Total Given
$62.3M
The Greater Cincinnati Foundation
CINCINNATI, OH
Assets
$1.0B
Grants
1,408
Total Given
$184.4M
The Cleveland Foundation
CLEVELAND, OH
Assets
$3.3B
Grants
1,016
Total Given
$184.2M
The Scripps Howard Foundation
CINCINNATI, OH
Assets
$69.4M
Grants
819
Total Given
$7.4M
Johnson Charitable Gift Fund
CINCINNATI, OH
Assets
$383.4M
Grants
742
Total Given
$46.3M
Nisource Charitable Foundation
COLUMBUS, OH
Assets
$43.0M
Grants
683
Total Given
$7.5M
Dayton Foundation Depository
DAYTON, OH
Assets
$43.0M
Grants
633
Total Given
$20.5M
The Dayton Foundation
DAYTON, OH
Assets
$649.6M
Grants
497
Total Given
$34.0M
Premier Bank Foundation
CANFIELD, OH
Assets
$10.6M
Grants
461
Total Given
$1.4M
Jewish Federation of Cleveland
CLEVELAND, OH
Assets
$597.8M
Grants
409
Total Given
$85.0M
Data last updated April 2026. Sourced from IRS Form 990-PF filings.
What could you do with The Lakewood Foundation on Grantable?
- Assess strategic fit with your organization
- Draft a tailored letter of inquiry
- Find open RFPs from this funder
- Monitor for new funding opportunities