The Loats Foundation Inc
The Loats Foundation Inc is a private foundation focused on Education, based in FREDERICK, MD. IRS filing data is available from 2020 through 2025. As of 2025, the organization holds $4.5M in total assets. In 2025, it awarded 16 grants totaling $200K. Net investment income was $353K.
Financial Overview
From 2025 IRS Form 990-PF · View filing
Total Assets
$4.5M
+6.4% YoY
Annual Giving
$200K
+0.0% YoY
Grant Count
16
+0.0% YoY
Avg Grant Size
$13K
+0.0% YoY
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.
About The Loats Foundation Inc
Based on IRS filings
The Loats Foundation Inc is a private foundation focused on Education, based in FREDERICK, MD. IRS filing data is available from 2020 through 2025. As of 2025, the organization holds $4.5M in total assets. In 2025, it awarded 16 grants totaling $200K. Net investment income was $353K.
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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 | 2025 | 2024 | 2023 |
|---|---|---|---|
| Total Assets | $4,482,799 | $4,214,177 | $3,843,800 |
| Revenue | $382,321 | $77,075 | $48,340 |
| Expenses | $228,876 | $230,676 | $250,350 |
| Qualifying Distributions | $200,000 | $200,000 | $222,000 |
| Net Investment Income | $353,445 | $154,033 | $151,680 |
| Distributable Amount | $209,250 | $195,979 | $173,979 |
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 2025
Grant Size Distribution
74 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2025 grants, the largest include Frederick Comm College Fndn Inc ($60,000), Hood College ($21,000), Frostburg State University Fndn Inc ($20,000).
| Recipient | Purpose | Amount |
|---|---|---|
| CARROLL COMMUNITY COLLEGE WESTMINSTER, MD | PROVIDE SCHOLARSHIP FUNDING | $8,000 |
| FREDERICK COMM COLLEGE FNDN INC FREDERICK, MD | PROVIDE SCHOLARSHIPS & SUPPORT ORG | $60,000 |
| FROSTBURG STATE UNIVERSITY FNDN INC FROSTBURG, MD | PROVIDE SCHOLARSHIP FUNDING | $20,000 |
| HEARTLY HOUSE INC FREDERICK, MD | SUPPORT ACTIVITIES & MISSION OF ORG | $5,000 |
| HOOD COLLEGE FREDERICK, MD | PROVIDE SCHOLARSHIP FUNDING | $21,000 |
| MCDANIEL COLLEGE WESTMINSTER, MD | PROVIDE SCHOLARSHIP FUNDING | $13,000 |
| MENTAL HEALTH ASSOC OF FRED CO MD FREDERICK, MD | SUPPORT ACTIVITIES AND MISSION | $8,000 |
| MOTHER SETON SCHOOL EMMITSBURG, MD | PROVIDE SCHOLARSHIP FUNDING | $12,000 |
| WEE FOLK SCHOOL FREDERICK, MD | PROVIDE SCHOLARSHIP FUNDING | $12,000 |
| COIPP FREDERICK, MD | SUPPORT ACTIVITIES AND MISSION | $3,000 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2025 IRS filing
From 2025 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| REV DR PAUL BAGLYOS | PRESIDENT | — | — |
| MARCIA HAHN | SECRETARY | — | — |
| C RICHARD MILLER JR | TREASURER | — | — |
| BARBARA BRITTAIN | VICE PRESIDE | — | — |
| JOANNE BAUM | DIRECTOR | — | — |
| LORRAINE M B PRETE | RESIDENT AGE | — | — |
| KATHLEEN COSTLOW | DIRECTOR | — | — |
| K ALAN PERDUE | DIRECTOR | — | — |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is The Loats Foundation Inc?
The Loats Foundation Inc is a private foundation focused on Education, based in FREDERICK, MD. It holds $4.5M in total assets as of 2025.
How large is The Loats Foundation Inc?
As of 2025, The Loats Foundation Inc holds $4.5M in total assets with $382K in annual revenue. It awarded 16 grants totaling $200K in 2025.
Where does The Loats Foundation Inc operate?
The Loats Foundation Inc has awarded grants in Maryland, Pennsylvania, West Virginia.
What size grants does The Loats Foundation Inc award?
In 2025, The Loats Foundation Inc awarded 16 grants totaling $200K — an average of about $13K per grant, based on its IRS Form 990 filings.
How much is The Loats Foundation Inc required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2025, The Loats Foundation Inc reported a distributable amount of $209K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
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.
Explore Open Grants
Browse active grant opportunities in The Loats Foundation Inc'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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