Ward-lombardo Foundation Inc
Ward-lombardo Foundation Inc is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in SHERMAN OAKS, CA. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $312K in total assets. In 2024, it awarded 3 grants totaling $126K. Net investment income was $24K.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$312K
-25.1% YoY
Annual Giving
$126K
+14.5% YoY
Grant Count
3
+0.0% YoY
Avg Grant Size
$42K
+14.5% YoY
Under IRS private-foundation payout rules, Ward-lombardo Foundation Inc reported a distributable amount of $17K for 2024 — the minimum it must pay out in qualifying distributions.
About Ward-lombardo Foundation Inc
Based on IRS filings
Ward-lombardo Foundation Inc is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in SHERMAN OAKS, CA. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $312K in total assets. In 2024, it awarded 3 grants totaling $126K. Net investment income was $24K.
Focus Areas
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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 | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $311,676 | $415,981 | $522,397 |
| Revenue | $27,848 | $9,881 | $2,096 |
| Expenses | $132,153 | $116,297 | $21,638 |
| Qualifying Distributions | $126,000 | $110,000 | $12,500 |
| Net Investment Income | $24,373 | $13,736 | $11,849 |
| Distributable Amount | $17,013 | $21,398 | $25,890 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 3 recipients in 2024
Grant Size Distribution
11 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include Los Angeles Lgbt Center ($50,000), Project Angel Food ($41,000), Oakwood School ($35,000).
| Recipient | Purpose | Amount |
|---|---|---|
| LOS ANGELES LGBT CENTER LOS ANGELES, CA | TO SUPPORT MISSION OF BUILDING A WORLD WHERE LGBT PEOPLE THRIVE AS HEALTHY, EQUAL, AND COMPLETE MEMBERS OF SOCIETY | $50,000 |
| PROJECT ANGEL FOOD LOS ANGELES, CA | TO SUPPORT MISSION OF PREPARING AND DELIVERING HEALTHY MEALS TO FEED PEOPLE IMPACTED BY SERIOUS ILLNESS | $41,000 |
| OAKWOOD SCHOOL NORTH HOLLYWOOD, CA | TO SUPPORT MISSION OF FOSTERING A LEARNING ENVIRONMENT THAT EMPHASIZES ACTION, BELONGING, AND CURRICULUM | $35,000 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| MICHAEL LOMBARDO | PRESIDENT | 1 | — |
| CHARLES L WARD III | SECRETARY | 1 | — |
| GARY SCHNEIDER | CHIEF FINANCIAL OFFICER | 1 | — |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is Ward-lombardo Foundation Inc?
Ward-lombardo Foundation Inc is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in SHERMAN OAKS, CA. It holds $312K in total assets as of 2024.
How large is Ward-lombardo Foundation Inc?
As of 2024, Ward-lombardo Foundation Inc holds $312K in total assets with $28K in annual revenue. It awarded 3 grants totaling $126K in 2024.
Where does Ward-lombardo Foundation Inc operate?
Ward-lombardo Foundation Inc has awarded grants in California, District of Columbia.
What size grants does Ward-lombardo Foundation Inc award?
In 2024, Ward-lombardo Foundation Inc awarded 3 grants totaling $126K — an average of about $42K per grant, based on its IRS Form 990 filings.
How much is Ward-lombardo Foundation Inc required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, Ward-lombardo Foundation Inc reported a distributable amount of $17K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is Ward-lombardo Foundation Inc's EIN?
Ward-lombardo Foundation Inc's EIN (Employer Identification Number) is 82-3175224. IRS Form 990 filing data is available on this page for 2020–2024.
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.