The LendingTree Foundation
The LendingTree Foundation is a corporate foundation based in Charlotte, North Carolina, established in 2018. It is a 501(c)(3) private independent foundation affiliated with LendingTree, Inc. The Foundation operates as part of LendaHand, a broader corporate philanthropy initiative that encompasses corporate giving programs, employee charitable benefits, and foundation grants.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$2.5M
-6.4% YoY
Annual Giving
$73K
-95.3% YoY
Grant Count
190
+804.8% YoY
Avg Grant Size
$382.421
-99.5% YoY
Under IRS private-foundation payout rules, The LendingTree Foundation reported a distributable amount of $33K for 2024 — the minimum it must pay out in qualifying distributions.
Mission & Focus Areas
The Foundation practices a trust-based model of philanthropy, emphasizing relational rather than transactional partnerships with nonprofit organizations. According to the Foundation, this approach means "empowering organizations and individuals with whatever support they need, so that we can amplify their voices over our own."
Primary funding areas include:
- Financial Education: Advancement of financial education for individuals, businesses, and communities
- Community Development: Support for innovative nonprofit programs addressing community needs
- Capacity Building: Technical assistance and business expertise for nonprofit partners
Grantmaking
Recent grant data shows:
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Geographic Focus
Where this funder awards grants
The Foundation primarily funds organizations in North Carolina, with particular emphasis on the Charlotte area. Additional giving extends to Washington and Colorado.
Grant Distribution by State
States
Cities
Financial History
Multi-year comparison from IRS filings
As of 2024:
- Total Assets: $2,546,629
- Total Revenues: $21,691
- Total Expenses: $122,679
- Number of Employees: 0
As of 2023:
- Total Assets: $2.72 million
- Total Revenues: $504,000
- Total Expenses: $1.64 million
- Total Liabilities: $0
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $2,546,629 | $2,720,662 | $3,779,883 |
| Revenue | $21,691 | $503,756 | $3,333,333 |
| Expenses | $122,679 | $1,637,983 | $2,074,032 |
| Qualifying Distributions | $106,367 | $1,633,695 | $2,058,976 |
| Net Investment Income | — | — | — |
| Distributable Amount | $32,716 | $44,333 | $135,439 |
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
118 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include Dottie Rose Foundation ($2,826), American National Red Cross ($1,528), Allegro Organizational Solutions Inc ($1,500).
| Recipient | Purpose | Amount |
|---|---|---|
| ALLEGRO ORGANIZATIONAL SOLUTIONS INC HOUSTON, TX | Other RefugeHopeBerlin.HTY | $1,500 |
| ALZHEIMERS DISEASE AND RELATED DISORDERS ASSOCIATION INC Chicago, IL | In memory of Dorothy Weirtz | $103 |
| AMATEUR MUSIC NETWORK SAN FRANCISCO, CA | General Support | $206 |
| AMERICAN CANCER SOCIETY INC Kennesaw, GA | In memory of Paul Schulz | $151 |
| AMERICAN DIABETES ASSOCIATION INC Merrifield, VA | Campaign project or program 2024 Tour de Cure Florida: NAAIA Jonathan Aihie (team captian) | $450 |
| AMERICAN HEART ASSOCIATION INC Dallas, TX | In honor of William Allgood | $170 |
| AMERICAN NATIONAL RED CROSS Washington, DC | Campaign, project or program NC Helene Recovery | $1,528 |
| American Red Cross Blood Bank WASHINGTON, DC | General Support | $443 |
| American Red Cross Disaster Relief Fund WASHINGTON, DC | General Support | $77 |
| AMERICAN SOCIETY FOR THE PREVENTION OF CRUELTY TO ANIMALS New York, NY | General Support | $25 |
Leadership & Key People
Leadership team and compensation from IRS filings
April B Whitlock: Executive Director
Doug Lebda: Founder and CEO of LendingTree (mentioned as originating the LendaHand concept in 2012)
Compensation Overview
From 2024 IRS filing
No officer/director data available.
Recent News & Activity
Recent developments and announcements
The Foundation launched the LendaHand Alliance Cohort in 2021 with an inaugural cohort of 10 Charlotte-based nonprofits, including West Side Community Land Trust, The Relatives, Freedom Communities, Dottie Rose Foundation, Do Greater Charlotte, Digi-Bridge, Common Wealth Charlotte, Charlotte Rescue Mission, Charlotte Is Creative, and ArtPop Street Gallery.
LendingTree Foundation Launches Signature Giving Program, the LendaHand AllianceIn 2022, the Foundation held its first Pitch Party, providing cohort members an opportunity to pitch their missions and fundraising goals to over 30 funders face-to-face.
LendingTree Foundation announces inaugural LendaHand Alliance cohortRecent grant recipients include the Dottie Rose Foundation, Samaritan's Purse, and DiscNW.
Union Home Mortgage Foundation Announces Fourth Quarter 2025 Grant RecipientsSubject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What does The LendingTree Foundation fund?
The Foundation practices a trust-based model of philanthropy, emphasizing relational rather than transactional partnerships with nonprofit organizations. According to the Foundation, this approach means "empowering organizations and individuals with whatever support they need, so that we can amplify their voices over our own." Primary funding areas include: • **Financial Education**: Advancement of financial education for individuals, businesses, and communities • **Community Development**: Sup…
How do I apply for a grant from The LendingTree Foundation?
**LendaHand Alliance Cohort**: The Foundation's signature program, a multi-year investment providing $3.5 million in total pledged support to 10 transformational organizations in the Charlotte community. Cohort members receive $125,000 annually for three years, plus access to collaboration space, fundraising training, and networking opportunities with other funders. **Community Impact Grants**: Small, one-time grants made to innovative nonprofit programs. In 2022, the Foundation awarded $175,00…
Where does The LendingTree Foundation make grants?
The Foundation primarily funds organizations in North Carolina, with particular emphasis on the Charlotte area. Additional giving extends to Washington and Colorado.
What size grants does The LendingTree Foundation award?
In 2024, The LendingTree Foundation awarded 190 grants totaling $73K — an average of about $382.421 per grant, based on its IRS Form 990 filings.
How much is The LendingTree Foundation required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, The LendingTree Foundation reported a distributable amount of $33K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is The LendingTree Foundation's EIN?
The LendingTree Foundation's EIN (Employer Identification Number) is 32-0543562. IRS Form 990 filing data is available on this page for 2020–2024.
Explore Open Grants
Browse active grant opportunities in The LendingTree Foundation's focus areas in our free grants database
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Data last updated June 2026. Sourced from IRS Form 990-PF filings. Research dossier generated April 2026.
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