The Lookout Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in GREENSBORO, NC. IRS filing data is available from 2021 through 2024. As of 2024, the organization holds $246K in total assets. In 2024, it awarded 7 grants totaling $33K. Net investment income was $12K.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$246K
-8.6% YoY
Annual Giving
$33K
+312.9% YoY
Grant Count
7
+600.0% YoY
Avg Grant Size
$5K
-41.0% YoY
Under IRS private-foundation payout rules, The Lookout Foundation reported a distributable amount of $12K for 2024 — the minimum it must pay out in qualifying distributions.
About The Lookout Foundation
Based on IRS filings
The Lookout Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in GREENSBORO, NC. IRS filing data is available from 2021 through 2024. As of 2024, the organization holds $246K in total assets. In 2024, it awarded 7 grants totaling $33K. Net investment income was $12K.
Focus Areas
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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 | $246,487 | $269,660 | $275,720 |
| Revenue | $11,890 | $3,688 | $116,429 |
| Expenses | $35,063 | $9,748 | $60,596 |
| Qualifying Distributions | $33,029 | $8,000 | $58,432 |
| Net Investment Income | $11,890 | $3,560 | $112,192 |
| Distributable Amount | $12,297 | $14,013 | $13,901 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 7 recipients in 2024
Grant Size Distribution
32 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include Outward Bound Usa ($25,029), Spastic Paraplegia Foundation ($2,500), Pediatric Oncology Fund of Unc ($2,500).
| Recipient | Purpose | Amount |
|---|---|---|
| OUTWARD BOUND USA LAGRANGEVILLE, NY | TO ASSIST THE ORG WITH THEIR MISSION | $25,029 |
| SPASTIC PARAPLEGIA FOUNDATION OFALLON, MO | TO ASSIST THE ORG WITH THEIR MISSION | $2,500 |
| LEUKEMIA & LYMPHOMA SOCIETY NEW YORK, NY | TO ASSIST THE ORG WITH THEIR MISSION | $500 |
| LIVING FREE MINISTRIES SNOW CAMP, NC | TO ASSIST THE ORG WITH THEIR MISSION | $500 |
| MEDICAL FOUNDATION OF UNC CHAPEL HILL, NC | TO ASSIST THE ORG WITH THEIR MISSION | $1,000 |
| PEDIATRIC ONCOLOGY FUND OF UNC CHAPEL HILL, NC | TO ASSIST THE ORG WITH THEIR MISSION | $2,500 |
| PRESERVATION NORTH CAROLINA RALEIGH, NC | TO ASSIST THE ORG WITH THEIR MISSION | $1,000 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| STEVE C HASSENFELT | PRESIDENT/TR | — | — |
| PAMELA H HASSENFELT | VICE PRESIDE | — | — |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is The Lookout Foundation?
The Lookout Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in GREENSBORO, NC. It holds $246K in total assets as of 2024.
How large is The Lookout Foundation?
As of 2024, The Lookout Foundation holds $246K in total assets with $12K in annual revenue. It awarded 7 grants totaling $33K in 2024.
Where does The Lookout Foundation operate?
The Lookout Foundation has awarded grants in California, Colorado, Maryland, Maine, Minnesota, Missouri, North Carolina, New York, Oregon, Tennessee, Virginia.
What size grants does The Lookout Foundation award?
In 2024, The Lookout Foundation awarded 7 grants totaling $33K — an average of about $5K per grant, based on its IRS Form 990 filings.
How much is The Lookout Foundation required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, The Lookout Foundation reported a distributable amount of $12K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is The Lookout Foundation's EIN?
The Lookout Foundation's EIN (Employer Identification Number) is 56-2173641. IRS Form 990 filing data is available on this page for 2021–2024.
Explore Open Grants
Browse active grant opportunities in The Lookout Foundation'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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