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COUNCIL BLFS, IA

Charles E Lakin Foundation Inc.

Quick Facts

EIN
760751233
Location
COUNCIL BLFS, IA
Category
Philanthropy & Grantmaking
Total Assets
$134.9M
Annual Income
$19M
IRS Ruling Year
2007
Organization Type
Corporation
Principal Officer
% Charles E Lakin
Tax Deductibility
Contributions are deductible

About This Foundation

Charles E Lakin Foundation Inc. is a private corporation based in COUNCIL BLFS, IA. The foundation received its IRS ruling in 2007. The principal officer is % Charles E Lakin. It holds total assets of $134.9M. Annual income is reported at $19M. The foundation operates in the area of philanthropy & grantmaking. Contributions to this foundation are tax-deductible.

View 990 Filings

Financial Overview

Total Giving

$17M

2023+34%

Total Assets

$152M

2023-17%

Fair Market Value

$186.7M

2023

Net Worth

$150M

2023

Grants Paid

$10.9M

2023

Contributions

$225K

2023

Net Investment Income

$15.5M

2023

Distribution Amount

$9M

2023

Total Giving by Year

$11.7M
19
$12.3M
20
$8.8M
21
$12.7M
22
$17M
23

Asset Growth

$1
11
$1
12
$1
13
$1
14
$1
15
$135M
19
$138.5M
20
$146.4M
21
$183.9M
22
$152M
23

Investment Portfolio (2023)

Total: $24.3M

Corporate Stock: $24.3M
Other Investments: $19.5M
Cash: $407K
Corporate Stock (55%)
Other Investments (44%)
Cash (1%)

Expense Breakdown (2023)

Grants Paid$10.9M
Officer Compensation$1.4M
Depreciation$1.3M
Interest$919K
Occupancy$769K
Travel & Conferences$50K
Accounting Fees$37K
Legal Fees$26K

Revenue Sources (2023)

Capital Gains (Net)
$12.6M
Gross Rents
$4.7M
Dividends
$913K
Contributions
$225K
Interest
$57K

Financial Details (2023)

Total Revenue
$18.5M
Total Expenses
$17M
Exempt Purpose Expenses
$11.9M
Required Distribution
$9M
Undistributed Income
$0
Total Liabilities
$2M
Excise Tax
$216K
Tax Due
$22K

Foundation Classification (2023)

Operating FoundationGrants to IndividualsNon-Charity GrantsLobbying ActivityExcess Business Holdings

Grantmaking Insights

Total Grants

50

Total Giving

$10.8M

Average Grant

$217K

Median Grant

$110K

Grant Range

Min$7K
Max$1.7M
Median: $110K
Smallest grantLargest grant

Geographic Distribution of Grants

AK
ME
VT
NH
WA
ID
MT
ND
MN
WI
MI
NY
MA
CT
RI
OR
NV
WY
SD
IA
IA: $4.9M (19)
IL
IN
OH
PA
NJ
CA
UT
CO
NE
NE: $5.9M (31)
MO
KY
WV
VA
MD
DE
DC
AZ
NM
KS
AR
TN
NC
SC
OK
LA
MS
AL
GA
FL
HI
TX
NE$5.9M (31)
IA$4.9M (19)

Past Grantees

RecipientLocationAmountYear
Avenue Scholars FoundationCONTRIBUTION FOR GENERAL PURPOSESOmaha, NE$1.7M2023
Boys & Girls ClubCONTRIBUTION FOR GENERAL PURPOSESCouncil Bluffs, IA$1.1M2023
Southwest Iowa Family Services IncCONTRIBUTION FOR GENERAL PURPOSESAtlantic, IA$880K2023
Micah House CorporationCONTRIBUTION FOR GENERAL PURPOSESCouncil Bluffs, IA$762K2023
African American Empowerment Network IncCONTRIBUTION FOR GENERAL PURPOSESOmaha, NE$523K2023
Completely KidsCONTRIBUTION FOR GENERAL PURPOSESOmaha, NE$510K2023
The Stanton Child Resource Center IncCONTRIBUTION FOR GENERAL PURPOSESStanton, IA$500K2023
Noble Initiative FoundationCONTRIBUTION FOR GENERAL PURPOSESGriswold, IA$500K2023
Southwest Iowa Nonprofit For Collective ImpactCONTRIBUTION FOR GENERAL PURPOSESCouncil Bluffs, IA$358K2023
Children'S Hospital & Medical Center FoundationCONTRIBUTION FOR GENERAL PURPOSESOmaha, NE$273K2023
Bethesda Urban Community Development Corporation IncCONTRIBUTION FOR GENERAL PURPOSESOmaha, NE$267K2023
Teammates Mentoring ProgramCONTRIBUTION FOR GENERAL PURPOSESLa Vista, NE$246K2023
Children'S Square UsaCONTRIBUTION FOR GENERAL PURPOSESCouncil Bluffs, NE$220K2023
Bethlehem HouseCONTRIBUTION FOR GENERAL PURPOSESOmaha, NE$204K2023
Omaha Bridges Out Of Poverty IncCONTRIBUTION FOR GENERAL PURPOSESOmaha, NE$200K2023
Partnership 4 KidsCONTRIBUTION FOR GENERAL PURPOSESOmaha, NE$174K2023
Vision Treynor GroupCONTRIBUTION FOR GENERAL PURPOSESTreynor, IA$167K2023
Heartland Equine Therapeutic Riding AcademyCONTRIBUTION FOR GENERAL PURPOSESGretna, NE$154K2023
Habitat For Humanity Council BluffsCONTRIBUTION FOR GENERAL PURPOSESCouncil Bluffs, IA$152K2023
Together Inc Of Metropolitan OmahaCONTRIBUTION FOR GENERAL PURPOSESOmaha, NE$150K2023
Big Brothers Big Sisters Of The MidlandsCONTRIBUTION FOR GENERAL PURPOSESOmaha, NE$140K2023
Jet Award Foundation & Trust IncCONTRIBUTION FOR GENERAL PURPOSESOmaha, NE$126K2023
Impact HillCONTRIBUTION FOR GENERAL PURPOSESOakland, IA$121K2023
Police Athletics For Community EngagementCONTRIBUTION FOR GENERAL PURPOSESOmaha, NE$117K2023
Women'S Center For AdvancementCONTRIBUTION FOR GENERAL PURPOSESOmaha, NE$116K2023
Food Bank For The HeartlandCONTRIBUTION FOR GENERAL PURPOSESOmaha, NE$103K2023
Heartland Family ServiceCONTRIBUTION FOR GENERAL PURPOSESOmaha, NE$102K2023
Applied Information Management InstituteCONTRIBUTION FOR GENERAL PURPOSESOmaha, NE$100K2023
The Visiting Nurse Association Of Pottawattamie County IowaCONTRIBUTION FOR GENERAL PURPOSESCouncil Bluffs, IA$100K2023
First Responders FoundationCONTRIBUTION FOR GENERAL PURPOSESOmaha, NE$100K2023
Community Foundation For Western IowaCONTRIBUTION FOR GENERAL PURPOSESCouncil Bluffs, IA$90K2023
Metro Continuum Of Care For The HomelessCONTRIBUTION FOR GENERAL PURPOSESOmaha, NE$75K2023
100 Black Men Of Omaha IncCONTRIBUTION FOR GENERAL PURPOSESOmaha, NE$75K2023
Omaha Symphony AssociationCONTRIBUTION FOR GENERAL PURPOSESOmaha, NE$75K2023
Green Hills AeaCONTRIBUTION FOR GENERAL PURPOSESCouncil Bluffs, IA$65K2023
Bags Of FunCONTRIBUTION FOR GENERAL PURPOSESElkhorn, NE$48K2023
Charles E Lakin Human Service Campus FoundationCONTRIBUTION FOR GENERAL PURPOSESOmaha, NE$30K2023
Pottawattamie Arts Culture EntertainmentCONTRIBUTION FOR GENERAL PURPOSESCouncil Bluffs, IA$27K2023
Ollie Webb CenterCONTRIBUTION FOR GENERAL PURPOSESOmaha, NE$25K2023
Golden Hills Resource Conservation And Development AreaCONTRIBUTION FOR GENERAL PURPOSESOakland, IA$25K2023
Whispering Roots IncCONTRIBUTION FOR GENERAL PURPOSESPapillion, NE$25K2023
Ymca Of Greater OmahaCONTRIBUTION FOR GENERAL PURPOSESOmaha, NE$18K2023
Lookout VillageCONTRIBUTION FOR GENERAL PURPOSESNeola, IA$17K2023
The Community Foundations Of Southwest IowaCONTRIBUTION FOR GENERAL PURPOSESOmaha, NE$15K2023
Malvern Community Student Loan FundCONTRIBUTION FOR GENERAL PURPOSESMalvern, IA$10K2023
Nishna Producations IncCONTRIBUTION FOR GENERAL PURPOSESShenandoah, IA$10K2023
Faith'S FriendsCONTRIBUTION FOR GENERAL PURPOSESAtlantic, IA$10K2023
Suburban Rotary Charitable FoundationCONTRIBUTION FOR GENERAL PURPOSESOmaha, NE$9K2023
East Mills County Area Youth SportsCONTRIBUTION FOR GENERAL PURPOSESMalvern, IA$8K2023
Boys TownCONTRIBUTION FOR GENERAL PURPOSESBoys Town, NE$7K2023

990-PF Filings

Tax PeriodReturn TypeView
2023-12990PFView Filing
2022-12990PFView Filing
2021-12990PFView Filing
2020-12990PFView Filing
2018-12990PFView Filing
2017-12990PFView Filing
2016-12990PFView Filing

Filings sourced from IRS e-file index. View all on ProPublica

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