The Lorain Foundation
The Lorain Foundation is a private foundation, based in LORAIN, OH. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $1.1M in total assets. In 2024, it awarded 18 grants totaling $54K. Net investment income was $11K.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$1.1M
-1.0% YoY
Annual Giving
$54K
-22.4% YoY
Grant Count
18
-5.3% YoY
Avg Grant Size
$3K
-18.1% YoY
About The Lorain Foundation
Based on IRS filings
The Lorain Foundation is a private foundation, based in LORAIN, OH. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $1.1M in total assets. In 2024, it awarded 18 grants totaling $54K. Net investment income was $11K.
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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 | $1,071,363 | $1,082,083 | $1,107,460 |
| Revenue | $64,646 | $54,720 | $43,958 |
| Expenses | $75,366 | $80,097 | $46,783 |
| Qualifying Distributions | $54,064 | $69,691 | $32,128 |
| Net Investment Income | $10,874 | $19,116 | $23,877 |
| Distributable Amount | — | — | — |
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 2024
Grant Size Distribution
96 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include Asiah Kielian ($11,000), Mercy Regional Foundation ($9,277), Lorain County Community College ($6,950).
| Recipient | Purpose | Amount |
|---|---|---|
| AGUDATH B'NAI ISRAEL SYNAGOGUE LORAIN, OH | ANNUAL INCOME - DESIGNEE | $500 |
| LORAIN COUNTY HEALTH & DENTISTRY LORAIN, OH | DISCRETIONARY ANNUAL | $3,000 |
| AVA ASCHEMEIER LORAIN, OH | SCHOLARSHIP | $1,000 |
| HOLLY M MARIINER LORAIN, OH | SCHOLARSHIP | $1,000 |
| JANINA CHLEBOWSKI LORAIN, OH | SCHOLARSHIP | $1,000 |
| DONDI WILSON LORAIN, OH | SCHOLARSHIP | $1,000 |
| JULIAN RIVERA LORAIN, OH | SCHOLARSHIP | $1,000 |
| EMMERSYN NAZARIO LORAIN, OH | SCHOLARSHIP | $1,000 |
| SANIYA MCGILL LORAIN, OH | SCHOLARSHIP | $1,000 |
| SELENA CALDERON LORAIN, OH | SCHOLARSHIP | $1,000 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| KELLY BOYER-SAGERT | TRUSTEE | — | — |
| RICHARD J COLELLA | TRUSTEE | — | — |
| EDWARD BRANHAM | TRUSTEE | — | — |
| STEPHEN CHAVEZ | TRUSTEE | — | — |
| LISA ARNOCZKY | TRUST OFFICE | — | — |
Frequently Asked Questions
How large is The Lorain Foundation?
As of 2024, The Lorain Foundation holds $1.1M in total assets with $65K in annual revenue. It awarded 18 grants totaling $54K in 2024.
Where does The Lorain Foundation operate?
The Lorain Foundation has awarded grants in Ohio.
What size grants does The Lorain Foundation award?
In 2024, The Lorain Foundation awarded 18 grants totaling $54K — an average of about $3K per grant, based on its IRS Form 990 filings.
What is The Lorain Foundation's EIN?
The Lorain Foundation's EIN (Employer Identification Number) is 34-1022034. IRS Form 990 filing data is available on this page for 2020–2024.
Explore Open Grants
Browse active grant opportunities in The Lorain 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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