William and Karla Laux Foundation
William and Karla Laux Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in MEDINA, OH. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $200K in total assets. In 2024, it awarded 20 grants totaling $14K. Net investment income was $7K.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$200K
-5.4% YoY
Annual Giving
$14K
+6.2% YoY
Grant Count
20
+300.0% YoY
Avg Grant Size
$690
-73.5% YoY
Under IRS private-foundation payout rules, William and Karla Laux Foundation reported a distributable amount of $10K for 2024 — the minimum it must pay out in qualifying distributions.
About William and Karla Laux Foundation
Based on IRS filings
William and Karla Laux Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in MEDINA, OH. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $200K in total assets. In 2024, it awarded 20 grants totaling $14K. Net investment income was $7K.
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 | $199,565 | $211,057 | $220,424 |
| Revenue | $2,423 | $3,837 | $100,989 |
| Expenses | $14,813 | $13,929 | $7,894 |
| Qualifying Distributions | $13,800 | $13,000 | $7,000 |
| Net Investment Income | $7,080 | $3,837 | $989 |
| Distributable Amount | $10,481 | $10,712 | $8,563 |
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
52 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include St Joseph School ($10,000), Dominican Sisters of Mary ($1,000), Dominican Sisters of Saint Cecilia ($1,000).
| Recipient | Purpose | Amount |
|---|---|---|
| CROSS CATHOLIC OUTREACH BOCA RATON, FL | ANNUAL FUND | $100 |
| DOMINICAN SISTERS OF MARY ANN ARBOR, MI | ANNUAL FUND | $1,000 |
| DOMINICAN SISTERS OF SAINT CECILIA NASHVILLE, TN | ANNUAL FUND | $1,000 |
| ST JOSEPH SCHOOL MONROEVILLE, OH | ANNUAL FUND | $10,000 |
| ST JUDE CHILDREN'S HOSPITAL MEMPHIS, TN | ANNUAL FUND | $100 |
| GUIDING EYES FOR THE BLIND YORKTOWN HTS, NY | ANNUAL FUND | $500 |
| OAKS FAMILY CARE CENTER BRUNSWICK, OH | ANNUAL FUND | $100 |
| THE SOCIETY FOR HANDICAPPED CITIZENS SEVILLE, OH | ANNUAL FUND | $50 |
| SAVE OHIO STRAYS WADSWORTH, OH | ANNUAL FUND | $50 |
| BIRTHCARE OF MEDINA COUNTY MEDINA, OH | ANNUAL FUND | $100 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| WILLIAM J LAUX | PRESIDENT, TRUSTEE | 2 | — |
| KARLA K LAUX | SECRETARY, TRUSTEE | 2 | — |
| DANNA K EASTWOOD | TRUSTEE | 1 | — |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is William and Karla Laux Foundation?
William and Karla Laux Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in MEDINA, OH. It holds $200K in total assets as of 2024.
How large is William and Karla Laux Foundation?
As of 2024, William and Karla Laux Foundation holds $200K in total assets with $2K in annual revenue. It awarded 20 grants totaling $14K in 2024.
Where does William and Karla Laux Foundation operate?
William and Karla Laux Foundation has awarded grants in Alabama, Florida, Indiana, Michigan, New York, Ohio, Tennessee, Texas.
What size grants does William and Karla Laux Foundation award?
In 2024, William and Karla Laux Foundation awarded 20 grants totaling $14K — an average of about $690 per grant, based on its IRS Form 990 filings.
How much is William and Karla Laux Foundation required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, William and Karla Laux Foundation reported a distributable amount of $10K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is William and Karla Laux Foundation's EIN?
William and Karla Laux Foundation's EIN (Employer Identification Number) is 34-1904321. 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.
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