The Loats Foundation Inc
The Loats Foundation Inc is based in Frederick, Maryland, and is a private foundation that makes contributions to nonprofit organizations and provides scholarship funds to colleges and universities. Its 2025 filing reports 16 grants totaling $200,000.
The Loats Foundation Inc at a glance
In short: The Loats Foundation Inc gave $200K across 16 grants in 2025 (avg $13K), mostly in Maryland. 0% of 2025 grantees were new. Source: 2025 IRS Form 990-PF.
- Annual giving (2025)
- $200,000
- +0.0% vs 2024
- Grants made (2025)
- 16
- +0.0% vs 2024
- Average grant
- $12,500
- +0.0% vs 2024
- Median grant
- $8,500
- Total assets
- $4,482,799
- +6.4% vs 2024
- New grantees (estimate)
- 0% first-time grantees (0 of 14, 2025; small sample)
- Primary geography
- Maryland (96% of itemized 2025 grant dollars)
- Latest 990 filing
- Form 990-PF, 2025 View filing
Data from IRS Form 990-PF, 2025; updated October 2026. New grantees are estimated by matching recipient names across years (methodology).
How to apply to The Loats Foundation Inc
- Accepts unsolicited proposals
- No
- How to Apply
-
The foundation states that it does not accept unsolicited requests for funds and makes contributions only to preselected charitable organizations. Its filing lists The Loats Foundation Inc as the contact for inquiries.
- Contact
Application contact: The Loats Foundation Inc
Mailing address: 35 East Church Street, Frederick, MD 21701
Phone: (301) 606-0640
Application details from Grantable's research on the foundation's public materials; confirm on its website before applying.
Who The Loats Foundation Inc funds
How this funder distributes its grants
Top Recipients
Top 10 recipients in 2025
The largest 2025 recipient was Hood College ($21K). Together the top 10 received $100K.
Organizations only. It also paid 3 individual scholarships ($89,000), which are not listed by name.
Grant Size Distribution
74 grants across all recorded years
The most common grant size was under $50K: 69 grants of 74 (93%).
Geographic Focus
Where this funder awards grants
In 2025, 96% of grant dollars went to recipients in Maryland and 4% to recipients in West Virginia. The listed grants include recipients in Frederick, Emmitsburg, Westminster, Frostburg, and Jefferson, Maryland, and Shepherdstown, West Virginia.
Grant Distribution by State
Share of 2025 grant dollars across all 16 itemized grants.
Cities
Is The Loats Foundation Inc open to new grantees?
0%
first-time grantees, 2025
In 2025, 0 of 14 grantees (0%) were first-time recipients. With only 14 grantees, that is a small sample: one grantee more or less moves the share by about 7 points. How we count
- 100% of 2025 grantees were also funded in 2024. Method
- Giving held roughly steady from 2022 to 2025 (−7%). Method
- In 2025 it paid out 96% of its IRS minimum distribution (the 5% rule). Foundations have until the end of the next year to meet it. Method
Estimate from itemized grant lists in IRS Form 990-PF filings (2020–2025). Recipient names are matched across years, so a renamed or misspelled grantee can look new; grants to individuals are left out. Methodology.
Giving History
Giving Over Time
Total grant dollars and number of grants per year
From 2020 to 2025, annual grant giving ranged from $171K (2020) to $222K (2023). In 2025 it made 16 grants totaling $200K.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| 3 individual scholarships Recipients not named | — | $89,000 |
| Hood College Frederick, MD | Provide Scholarship Funding | $21,000 |
| McDaniel College Westminster, MD | Provide Scholarship Funding | $13,000 |
| Mother Seton School Emmitsburg, MD | Provide Scholarship Funding | $12,000 |
| Wee Folk School Frederick, MD | Provide Scholarship Funding | $12,000 |
| Shepherd University Foundation Shepherdstown, WV | Provide Scholarship Funding | $9,000 |
| Carroll Community College Westminster, MD | Provide Scholarship Funding | $8,000 |
| Mental Health Assoc of Fred Co MD Frederick, MD | Support Activities and Mission | $8,000 |
| Mar Lu Ridge Jefferson, MD | Provide Scholarship Funding | $7,000 |
| Heartly House Inc Frederick, MD | Support Activities & Mission of Org | $5,000 |
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Financial History
Multi-year comparison from IRS filings
| Filing year | Total Assets | Revenue | Expenses | Grants paid | Grants | Qualifying Distributions | Net Investment Income | Distributable Amount |
|---|---|---|---|---|---|---|---|---|
| 2025 | $4,482,799 | $382,321 | $228,876 | $200,000 | 16 | $200,000 | $353,445 | $209,250 |
| 2024 | $4,214,177 | $77,075 | $230,676 | $200,000 | 16 | $200,000 | $154,033 | $195,979 |
| 2023 | $3,843,800 | $48,340 | $250,350 | $222,000 | 15 | $222,000 | $151,680 | $173,979 |
| 2022 | $4,323,329 | $1,116,049 | $243,814 | $215,000 | 14 | $215,000 | $1,087,235 | $173,745 |
| 2021 | $4,362,436 | $376,090 | $217,467 | $190,000 | 13 | — | $348,623 | $193,283 |
| 2020 | $3,683,403 | $89,203 | $202,039 | $171,000 | 14 | — | $91,308 | $178,791 |
Under IRS private-foundation payout rules, The Loats Foundation Inc reported a distributable amount of $209K for 2025 — the minimum it must pay out in qualifying distributions.
Research compiled by Grantable AI from public sources. Last updated September 2026.
Mission & Focus Areas
The foundation describes its charitable activity as making contributions to various nonprofit organizations and contributing scholarship funds to colleges and universities. Its 2025 grants included scholarship funding for educational institutions, as well as support for organizations including the Mental Health Association of Frederick County and Heartly House.
Among the grantees, Hood College describes its mission as providing an education that prepares students to meet personal, professional, and global challenges and to lead lives of responsibility, leadership, service, and civic engagement. Heartly House says its mission is to end domestic violence, sexual assault, human trafficking, and child abuse, and to provide victims with safety, shelter, and supportive services. San Mar Children’s Home says it provides family, community, and mental health services for at-risk children.
Grantmaking
In 2025, the foundation gave 16 grants totaling $200,000. Grants ranged from $3,000 to $60,000, with a median grant of $8,500. The largest awards included $60,000 to Frederick Community College Foundation, Inc. for scholarships and organizational support; $21,000 to Hood College for scholarship funding; $20,000 to Frostburg State University Foundation, Inc. for scholarship funding; and $13,000 to McDaniel College for scholarship funding. Other grants included $12,000 each to Mother Seton School and Wee Folk School for scholarship funding, and $9,000 each to an individual recipient Mary’s University and Shepherd University Foundation for scholarship funding.
Leadership & Key People
Leadership team and compensation from IRS filings
The 2025 filing lists Rev Dr Paul Baglyos as president; Marcia Hahn as secretary; C Richard Miller Jr as treasurer; Barbara Brittain as vice president; and Joanne Baum, Lorraine M B Prete, Kathleen Costlow, and K Alan Perdue as directors.
The Loats Foundation Inc is led by Paul Baglyos, President on every filing since 2022; none of the 8 officers listed in 2025 report compensation.
Officers on the 2025 filing
Paul Baglyos
President
On filings since 2022
No compensation reported
Kathleen A. Costlow
Director
On filings since 2020
No compensation reported
K. Alan Perdue
Director
On filings since 2022
No compensation reported
Joanne Baum
Director
On filings since 2024
No compensation reported
Barbara Brittain
Vice President
Director → Vice President, 2021
On filings since 2020
No compensation reported
C. Richard Miller Jr.
Treasurer
On filings since 2020
No compensation reported
Lorraine M. B. Prete
Resident Agent
Director → Resident Agent, 2021
On filings since 2020
No compensation reported
Marcia Hahn
Secretary
New on the 2025 filing
No compensation reported
Former officers (4)
- Former: Marsha Hahn (2024) — Secretary
- Former: Helen G. Hahn (2020–2023) — Secretary
- Former: Douglas Jones (2020–2021) — President
- Former: Alan Perdue (2021) — Director
Data from IRS Form 990 filings, 2020–2025. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.
Frequently asked questions about The Loats Foundation Inc
How much does The Loats Foundation Inc give each year?
The Loats Foundation Inc gave $200K across 16 grants in 2025, according to its 2025 IRS Form 990-PF. In 2024 it gave $200K across 16 grants.
What is The Loats Foundation Inc's typical grant size?
The Loats Foundation Inc's median grant in 2025 was $8,500, and its average grant was $12,500, across 16 grants on its 2025 IRS Form 990-PF.
Where does The Loats Foundation Inc give grants?
The Loats Foundation Inc gives mostly in Maryland: 96% of the grant dollars itemized on its 2025 IRS Form 990-PF went to recipients there. The most frequent recipient cities were Frederick, MD (6 grants) and Westminster, MD (2 grants).
Does The Loats Foundation Inc give general operating support?
Not in 2025: none of the 16 grants with a stated purpose on The Loats Foundation Inc's 2025 IRS Form 990-PF were described as general or operating support. Recurring purposes include "Provide Scholarship Funding" (11 grants) and "Support Activities and Mission" (3 grants).
Who are The Loats Foundation Inc's largest grantees?
The Loats Foundation Inc's largest 2025 grantees include Hood College ($21,000), McDaniel College ($13,000) and Mother Seton School ($12,000), according to its 2025 IRS Form 990-PF. It also paid 3 individual scholarships ($89,000), which are not listed by name. Together they received 23% of its itemized 2025 grant dollars.
How large is The Loats Foundation Inc?
The Loats Foundation Inc reported $4.5M in total assets on its 2025 IRS Form 990-PF. It paid out $200K in qualifying distributions that year, against a required minimum of $209K (roughly 5% of its investment assets). Falling short in one year is not a violation: foundations have until the end of the next year to meet the minimum.
What does The Loats Foundation Inc fund?
The foundation describes its charitable activity as making contributions to various nonprofit organizations and contributing scholarship funds to colleges and universities. See mission & focus areas ↑
How do I apply for a grant from The Loats Foundation Inc?
The foundation states that it does not accept unsolicited requests for funds and makes contributions only to preselected charitable organizations. Eligibility and process details are in the grantmaking section of this profile. See how to apply ↑
What is The Loats Foundation Inc's EIN?
The Loats Foundation Inc's EIN (Employer Identification Number) is 52-0610535. IRS Form 990 filing data is available on this page for 2020–2025.
Does The Loats Foundation Inc accept unsolicited proposals?
No, according to Grantable's research on the foundation's published guidelines. See how to apply ↑
Data last updated October 2026. Sourced from IRS Form 990-PF filings. Research dossier generated September 2026.
Data update history
(1)
When this profile's IRS filing data changed on Grantable
- IRS filings on file for fiscal years 2020–2025
Live grants for the work The Loats Foundation Inc funds
Education Open opportunities, soonest deadline first.
Explore Open Grants
Browse active grant opportunities in The Loats Foundation Inc's focus areas in our free grants database
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Cite this profile
Grantable. (2026). The Loats Foundation Inc funder profile. GrantGraph. Retrieved October 18, 2026, from https://grantable.co/funders/the-loats-foundation-inc-morg_398b41543c464a75b3b73a2f83c418b2
BibTeX
@misc{grantable_520610535_2026,
author = {{Grantable}},
title = {{The Loats Foundation Inc funder profile}},
howpublished = {GrantGraph},
year = {2026},
url = {https://grantable.co/funders/the-loats-foundation-inc-morg_398b41543c464a75b3b73a2f83c418b2},
note = {Accessed 2026-10-18. Data licensed CC BY 4.0}
}The figures on this page are open data under CC BY 4.0: reuse them with credit to Grantable and a link. Download the data.
Figures come from The Loats Foundation Inc's IRS filings (methodology). AI-written summaries, news items and logos are not covered by the open licence. Spot an error? Email hello@grantable.co.
The Loats Foundation Inc down — hundreds of funders to go?