The Lookout Foundation
The Lookout Foundation is a private foundation, based in Greensboro, NC. IRS filing data is available from 2021 through 2026. As of 2026, the organization holds $181K in total assets. In 2026, it awarded 3 grants totaling $40K. Net investment income was $7K.
The Lookout Foundation at a glance
In short: The Lookout Foundation gave $40K across 3 grants in 2026 (avg $13K), mostly in North Carolina. Source: 2026 IRS Form 990-PF.
- Annual giving (2026)
- $40,200
- -26.9% vs 2025
- Grants made (2026)
- 3
- +0.0% vs 2025
- Average grant
- $13,400
- -26.9% vs 2025
- Median grant
- $100
- Total assets
- $180,819
- -14.9% vs 2025
- Primary geography
- North Carolina (100% of itemized 2026 grant dollars)
- Latest 990 filing
- Form 990-PF, 2026 View filing
Data from IRS Form 990-PF, 2026; updated September 2026.
Who The Lookout Foundation funds
How this funder distributes its grants
Top Recipients
Top 3 recipients in 2026
The largest 2026 recipient was Guilford College ($40K). Together the top 3 received $40K.
Grant Size Distribution
20 grants across all recorded years
The most common grant size was under $50K: 18 grants of 20 (90%).
Geographic Focus
Where this funder awards grants
Grant Distribution by State
Share of 2026 grant dollars across all 3 itemized grants.
States
Cities
How The Lookout Foundation gives
- Giving grew 403% from 2023 to 2026. Method
- In 2026 it paid out 323% of its IRS minimum distribution (the 5% rule). Method
From the foundation's IRS Form 990-PF filings. Methodology.
Giving History
Giving Over Time
Total grant dollars and number of grants per year
From 2021 to 2026, annual grant giving ranged from $8K (2023) to $59K (2021). In 2026 it made 3 grants totaling $40K.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| Guilford College Greensboro, NC | Education | $40,000 |
| Bladen County College Foundation Dublin, NC | Education | $100 |
| American Heart Association Dallas, TX | HEALTH | $100 |
Ready to take the next step with The Lookout Foundation?
Financial History
Multi-year comparison from IRS filings
| Filing year | Total Assets | Revenue | Expenses | Grants paid | Grants | Qualifying Distributions | Net Investment Income | Distributable Amount |
|---|---|---|---|---|---|---|---|---|
| 2026 | $180,819 | $99,718 | $40,319 | $40,200 | 3 | $40,200 | $6,905 | $12,439 |
| 2025 | $212,474 | $22,002 | $56,015 | $55,000 | 3 | $55,000 | $8,554 | $10,877 |
| 2024 | $246,487 | $11,890 | $35,063 | $33,029 | 7 | $33,029 | $11,890 | $12,297 |
| 2023 | $269,660 | $3,688 | $9,748 | $8,000 | 1 | $8,000 | $3,560 | $14,013 |
| 2022 | $275,720 | $116,429 | $60,596 | $58,432 | 6 | $58,432 | $112,192 | $13,901 |
| 2021 | $219,887 | $5,033 | $59,040 | $59,000 | 18 | — | — | $19,857 |
Under IRS private-foundation payout rules, The Lookout Foundation reported a distributable amount of $12K for 2026 — the minimum it must pay out in qualifying distributions.
Leadership & Key People
Officers and directors from IRS filings
The Lookout Foundation is led by Steve C. Hassenfelt, President & Treasurer since 2026 (on filings since 2021); none of the 2 officers listed in 2026 report compensation.
Officers on the 2026 filing
Steve C. Hassenfelt
President & Treasurer
President → President & Treasurer, 2026
On filings since 2021
No compensation reported
Pamela H. Hassenfelt
Vice President
On filings since 2021
No compensation reported
Data from IRS Form 990 filings, 2021–2026. "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 Lookout Foundation
How much does The Lookout Foundation give each year?
The Lookout Foundation gave $40K across 3 grants in 2026, according to its 2026 IRS Form 990-PF. In 2025 it gave $55K across 3 grants.
What is The Lookout Foundation's typical grant size?
The Lookout Foundation's median grant in 2026 was $100, and its average grant was $13,400, across 3 grants on its 2026 IRS Form 990-PF.
Where does The Lookout Foundation give grants?
The Lookout Foundation gives mostly in North Carolina: 100% of the grant dollars itemized on its 2026 IRS Form 990-PF went to recipients there.
Does The Lookout Foundation give general operating support?
Not in 2026: none of the 3 grants with a stated purpose on The Lookout Foundation's 2026 IRS Form 990-PF were described as general or operating support.
How large is The Lookout Foundation?
The Lookout Foundation reported $181K in total assets on its 2026 IRS Form 990-PF. It paid out $40K in qualifying distributions that year, against a required minimum of $12K (roughly 5% of its investment assets).
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 2021–2026.
Data last updated September 2026. Sourced from IRS Form 990-PF filings.
Data update history
(3)
When this profile's IRS filing data changed on Grantable
- Added Form 990-PF for fiscal year 2026 (received by the IRS August 27, 2026)
- Added Form 990-PF for fiscal year 2025 (received by the IRS April 30, 2026)
- IRS filings on file for fiscal years 2021–2024
Live grants for the work The Lookout Foundation funds
Philanthropy, Voluntarism & Grantmaking Open opportunities, soonest deadline first.
Explore Open Grants
Browse active grant opportunities in The Lookout Foundation's focus areas in our free grants database
Similar Funders
Funders that support many of the same organizations
Duke Energy Foundation
Charlotte, NC
The Duke Energy Foundation funds workforce and local economic development, disaster resilience, conservation, clean water, and economic opportunity in North Carolina, South Carolina, Florida, Ohio, Kentucky, and Indiana. Its 2024 grants had a median of $25,000; applications for grants of $20,000 or less are accepted year-round, after applicants discuss proposals with a state representative.
Assets
$1.9M
Grants
41
Total Given
$25.6M
Tannenbaum-Sternberger Foundation Inc
Greensboro, NC
The Tannenbaum-Sternberger Foundation funds charitable programs and projects in education, arts, health, human services, economic development, historic preservation, and other areas, as well as scholarships. It generally supports work benefiting Guilford County, North Carolina, and its 2025 grants ranged from $1,000 to $50,000, with a median of $10,000. It accepts applications through an online grant application.
Assets
$20.3M
Grants
66
Total Given
$872K
Community Foundation of Greater Greensboro Inc
Greensboro, NC
The Community Foundation of Greater Greensboro funds nonprofits working in cultural vibrancy, economic mobility, health and wellness, and related community needs. Its 2024 itemized grants had a median of about $15,000; Community Grants requests may be up to $25,000, primarily for organizations serving Greensboro or Guilford County, with a stated exception for certain direct-service organizations in nearby counties.
Assets
$289.6M
Grants
275
Total Given
$14.5M
The Savannah Community Foundation Inc
Savannah, GA
The Savannah Community Foundation supports public charities across civic, education, health and human services, and other charitable fields, with grants guided by donor recommendations and its board; it can fund organizations anywhere in the U.S., though most 2025 grant dollars went to Georgia. In 2025, grants ranged from $5,050 to $534,363, with a median of $19,450; its Immediate Needs Fund typically awards less than $1,500 and normally no more than $5,000 per grant. It accepts requests for that fund by email, fax, or mail.
Assets
$103.6M
Grants
109
Total Given
$5.8M
Otto Bremer Trust
St. Paul, MN
The Otto Bremer Trust funds organizations and projects addressing community needs and opportunities, including health care and social services, in Minnesota, Montana, North Dakota, and Wisconsin. In 2025, grants ranged from $3,500 to $4.2 million, with a median of $150,000. It does not accept unsolicited requests or direct grant applications; Community Responsive Fund grants are offered through selected intermediaries.
Assets
$1.4B
Grants
180
Total Given
$57.2M
Community Foundation of the Texas Hill Country Inc
Kerrville, TX
The Community Foundation of the Texas Hill Country supports nonprofits through grants, with Community Impact Fund priorities in arts and culture, basic needs, the environment, and youth development. Its 2025 grants had a median award of $50,000, and it serves Bandera, Blanco, Edwards, Gillespie, Kendall, Kerr, Kimble, Mason, Real, and Uvalde counties in Texas. The Community Impact Fund accepts unsolicited applications through an annual competitive process.
Assets
$173.2M
Grants
202
Total Given
$60.0M
More similar funders
More Funders in North Carolina
The filing figures on this page are open data under CC BY 4.0. About GrantGraph Open
Figures come from The Lookout Foundation'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 Lookout Foundation down — hundreds of funders to go?