The Lighthouse Beacon Foundation

Foundation · Grantmaker WILMINGTON, DE EIN: 85-3247420

The Lighthouse Beacon Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in WILMINGTON, DE. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $2.4M in total assets. In 2024, it awarded 36 grants totaling $447K. Net investment income was $832K.

Key facts about The Lighthouse Beacon Foundation

EIN: 85-3247420
Latest 990 filing: Form 990-PF, 2024
Annual giving (2024): $447,496
Grants made (2024): 36
Average grant: $12,430
Median grant: $3,006
Total assets: $2,356,427
Primary geography: Kentucky (55% of itemized 2024 grant dollars)

Data from IRS Form 990-PF, 2024; updated April 2026.

Who The Lighthouse Beacon Foundation funds

By grant dollars, the top recipient states for The Lighthouse Beacon Foundation's 36 itemized 2024 grants were Kentucky (55%) and Massachusetts (45%). The most frequent recipient cities were Frankfort, KY (6 grants), Lexington, KY (4 grants), Eastern, KY (2 grants) and Paintsville, KY (2 grants). 31% of grants with a stated purpose were for general or operating support.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$2.4M

-8.4% YoY

Annual Giving

$447K

+169.0% YoY

Grant Count

+200.0% YoY

Avg Grant Size

$12K

-10.3% YoY

Under IRS private-foundation payout rules, The Lighthouse Beacon Foundation reported a distributable amount of $146K for 2024 — the minimum it must pay out in qualifying distributions.

About The Lighthouse Beacon Foundation

Based on IRS filings

Focus Areas

Philanthropy, Voluntarism & Grantmaking

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

Kentucky $246K (55%)

Massachusetts $200K (45%)

North Carolina $1K (0%)

Share of all 36 itemized 2024 grant dollars.

States

Kentucky Massachusetts North Carolina

Cities

FrankfortLexingtonPaintsvillePikevilleEasternEmmalenaBelfryHazardMount VernonSomersetAndoverBarbourvilleCorbinEvartsIrvineLondonMoreheadPaducahPinevilleStanton

Financial History

Multi-year comparison from IRS filings

Revenue

Expenses

Qualifying Distributions

Net Investment Income

Metric	2024	2023	2022
Total Assets	$2,356,427	$2,573,375	$2,848,698
Revenue	$770,779	$224,679	$2,165,234
Expenses	$989,702	$500,002	$327,737
Qualifying Distributions	$977,443	$490,788	$325,943
Net Investment Income	$831,717	$479,544	$496,156
Distributable Amount	$146,041	$166,247	$134,528

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

58 grants across all recorded years

Giving History

Grant recipients and amounts by year

Among its reported 2024 grants, the largest recipients include El Hogar Ministries Inc ($200,000), Technology Student Association Kentucky Tech ($107,247 across 5 grants), Kentucky Science and Technology Corporation ($33,602 across 3 grants).

Recipient	Purpose	Amount
EL HOGAR MINISTRIES INC ANDOVER, MA	General & Unrestricted	$200,000
TECHNOLOGY STUDENT ASSOCIATION KENTUCKY TECH FRANKFORT, KY	National Competition	$49,210
TECHNOLOGY STUDENT ASSOCIATION KENTUCKY TECH FRANKFORT, KY	TSA Program	$45,780
FLOYD COUNTY SCHOOL DISTRICT EASTERN, KY	FCSI Physics Program	$27,120
KENTUCKY SCIENCE AND TECHNOLOGY CORPORATION LEXINGTON, KY	Engineering By Design Summer Training	$16,102
KENTUCKY SCIENCE AND TECHNOLOGY CORPORATION LEXINGTON, KY	Charitable Event	$12,500
Johnson Central High School Paintsville, KY	Solar Car Fund	$10,000
Somerset High School Somerset, KY	Solar Car fund	$10,000
TECHNOLOGY STUDENT ASSOCIATION KENTUCKY TECH FRANKFORT, KY	Engineering By Design Summer Training	$8,500
KENTUCKY ENGINEERING FOUNDATION INC FRANKFORT, KY	MATHCOUNTS Chapter Competition Support	$8,350

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

From 2024 filing

Name	Title	Hours	Compensation
Karen C Pigman	Dir, Pres	10	—
Leonard Stanley Pigman	Dir, Sec, Treas	25	—

Subject Areas

Focus areas based on grantmaking activity

Philanthropy, Voluntarism & Grantmaking

Frequently Asked Questions

What is The Lighthouse Beacon Foundation?

The Lighthouse Beacon Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in WILMINGTON, DE. It holds $2.4M in total assets as of 2024.

How large is The Lighthouse Beacon Foundation?

As of 2024, The Lighthouse Beacon Foundation holds $2.4M in total assets with $771K in annual revenue. It awarded 36 grants totaling $447K in 2024.

Where does The Lighthouse Beacon Foundation operate?

The Lighthouse Beacon Foundation has awarded grants in Kentucky, Massachusetts, North Carolina.

What size grants does The Lighthouse Beacon Foundation award?

In 2024, The Lighthouse Beacon Foundation awarded 36 grants totaling $447K — an average of about $12K per grant, based on its IRS Form 990 filings.

How much is The Lighthouse Beacon Foundation required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2024, The Lighthouse Beacon Foundation reported a distributable amount of $146K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.

What is The Lighthouse Beacon Foundation's EIN?

The Lighthouse Beacon Foundation's EIN (Employer Identification Number) is 85-3247420. IRS Form 990 filing data is available on this page for 2020–2024.