The Lookout Fund Inc
The Lookout Fund Inc is a private foundation focused on Arts and culture, based in Boston, MA. IRS filing data is available from 2020 through 2025. As of 2025, the organization holds $22.3M in total assets. In 2025, it awarded 5 grants totaling $1.0M. Net investment income was $620K.
The Lookout Fund Inc at a glance
In short: The Lookout Fund Inc gave $1.0M across 5 grants in 2025 (avg $200K), mostly in Massachusetts. Source: 2025 IRS Form 990-PF.
- Annual giving (2025)
- $1,000,000
- +400.0% vs 2024
- Grants made (2025)
- 5
- +150.0% vs 2024
- Average grant
- $200,000
- +100.0% vs 2024
- Median grant
- $100,000
- Total assets
- $22,301,702
- -2.4% vs 2024
- Primary geography
- Massachusetts (100% of itemized 2025 grant dollars)
- Latest 990 filing
- Form 990-PF, 2025 View filing
Data from IRS Form 990-PF, 2025; updated September 2026.
Who The Lookout Fund Inc funds
How this funder distributes its grants
Top Recipients
Top 5 recipients in 2025
The largest 2025 recipient was YMCA Cape Cod ($600K). Together the top 5 received $1.0M.
Grant Size Distribution
18 grants across all recorded years
The most common grant size was under $50K: 9 grants of 18 (50%).
Geographic Focus
Where this funder awards grants
Grant Distribution by State
Share of 2025 grant dollars across all 5 itemized grants.
Cities
How The Lookout Fund Inc gives
- Giving grew 685% from 2022 to 2025. Method
- In 2025 it paid out 76% of its IRS minimum distribution (the 5% rule). Foundations have until the end of the next year to meet it. 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 2020 to 2025, annual grant giving ranged from $124K (2020) to $1.0M (2025). In 2025 it made 5 grants totaling $1.0M.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| YMCA Cape Cod West Barnstable, MA | Charitable | $600,000 |
| Farming Falmouth Teaticket, MA | Charitable | $100,000 |
| The 300 Committee Land Trust East Falmouth, MA | Charitable | $100,000 |
| Health Imperitives Inc Brockton, MA | Charitable | $100,000 |
| Native Land Conservancy Inc Mashpee, MA | Charitable | $100,000 |
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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 | $22,301,702 | $760,064 | $1,313,241 | $1,000,000 | 5 | $1,032,045 | $619,512 | $1,364,652 |
| 2024 | $22,854,879 | $22,534,708 | $327,218 | $200,000 | 2 | $200,250 | $6,774,010 | $1,100,991 |
| 2023 | $647,389 | $161,491 | $12,149 | — | — | $261 | $152,605 | $127,411 |
| 2022 | $498,046 | $211,863 | $140,202 | $127,400 | 5 | $127,911 | $204,057 | $128,540 |
| 2021 | $426,385 | $200,571 | $135,948 | $127,400 | 6 | $127,422 | $193,157 | $117,483 |
| 2020 | $361,763 | $70,235 | $131,406 | $123,600 | 7 | — | $63,201 | $113,370 |
Under IRS private-foundation payout rules, The Lookout Fund Inc reported a distributable amount of $1.4M for 2025 — the minimum it must pay out in qualifying distributions.
Leadership & Key People
Officers and directors from IRS filings
The Lookout Fund Inc is led by Meg Bergstrand Co Gma Foundations, President & Treasurer on every filing since 2024 — the only officer listed, and uncompensated.
Officers on the 2025 filing
Meg Bergstrand Co Gma Foundations
President & Treasurer
On filings since 2024
0.3 hrs/week
No compensation reported
Former officers (6)
- Former: Margaret F. Bergstrand (2020–2023) — President & Treasurer
- Former: Karolina Z. Bergstrand (2023) — Vice President
- Former: Max F. Bergstrand (2023) — Vice President
- Former: Annette C. Merle-Smith (2020–2022) — President
- Former: Donald E. Handelman (2020–2022) — Vice President
- Former: Russell J. Handelman (2020–2022) — Secretary & Assistant Treasurer
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 Lookout Fund Inc
How much does The Lookout Fund Inc give each year?
The Lookout Fund Inc gave $1.0M across 5 grants in 2025, according to its 2025 IRS Form 990-PF. In 2024 it gave $200K across 2 grants.
What is The Lookout Fund Inc's typical grant size?
The Lookout Fund Inc's median grant in 2025 was $100,000, and its average grant was $200,000, across 5 grants on its 2025 IRS Form 990-PF.
Where does The Lookout Fund Inc give grants?
The Lookout Fund Inc gives mostly in Massachusetts: 100% of the grant dollars itemized on its 2025 IRS Form 990-PF went to recipients there.
Does The Lookout Fund Inc give general operating support?
Not in 2025: none of the 5 grants with a stated purpose on The Lookout Fund Inc's 2025 IRS Form 990-PF were described as general or operating support. Recurring purposes include "Charitable" (5 grants).
Who are The Lookout Fund Inc's largest grantees?
The Lookout Fund Inc's largest 2025 grantees include YMCA Cape Cod ($600,000), Farming Falmouth ($100,000) and The 300 Committee Land Trust ($100,000), according to its 2025 IRS Form 990-PF. Together they received 80% of its itemized 2025 grant dollars.
How large is The Lookout Fund Inc?
The Lookout Fund Inc reported $22.3M in total assets on its 2025 IRS Form 990-PF. It paid out $1.0M in qualifying distributions that year, against a required minimum of $1.4M (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 is The Lookout Fund Inc?
The Lookout Fund Inc is a private foundation focused on Arts and culture, based in Boston, MA. It holds $22.3M in total assets as of 2025.
What is The Lookout Fund Inc's EIN?
The Lookout Fund Inc's EIN (Employer Identification Number) is 13-6213665. IRS Form 990 filing data is available on this page for 2020–2025.
Data last updated September 2026. Sourced from IRS Form 990-PF filings.
Data update history
(2)
When this profile's IRS filing data changed on Grantable
- Added Form 990-PF for fiscal year 2025 (received by the IRS May 15, 2026)
- IRS filings on file for fiscal years 2020–2024
Live grants for the work The Lookout Fund Inc funds
Education Open opportunities, soonest deadline first.
Explore Open Grants
Browse active grant opportunities in The Lookout Fund Inc's focus areas in our free grants database
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