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Lakan Incorporation is a private corporation based in POTOMAC, MD. The foundation received its IRS ruling in 2006. The principal officer is % Lk Foundation. It holds total assets of $823K. Annual income is reported at $69K. The foundation operates in the area of philanthropy & grantmaking. According to available records, Lakan Incorporation has made 40 grants totaling $222K, with a median grant of $2K. Annual giving has grown from $49K in 2020 to $110K in 2022. Individual grants have ranged from $250 to $50K, with an average award of $6K. The foundation has supported 30 unique organizations. The foundation primarily supports organizations in Ohio, Maryland, Texas, which account for 57% of all grants. Grantmaking reaches organizations across 9 states. Contributions to this foundation are tax-deductible.
Lakan Incorporation primarily funds organizations in the area of philanthropy & grantmaking. Based on available records, the foundation has funded 40 grants. Its grantmaking reaches organizations primarily in OH, MD, TX.
Lakan Incorporation has distributed a total of $222K across 40 grants. The median grant size is $2K, with an average of $6K. Individual grants have ranged from $250 to $50K.
Lakan Incorporation is a private foundation. To inquire about grants, you can look up the foundation using their EIN (201754985) on GuideStar or contact them directly. Many private foundations have specific application processes that may not be publicly listed.
Lakan Incorporation is headquartered in POTOMAC, MD. While based in MD, the foundation distributes grants to organizations across 9 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Lakhbir Singh | OFFICER | $0 | $0 | $0 |
| Manpreet Singh | OFFICER | $0 | $0 | $0 |
| Gurpreet Singh | OFFICER | $0 | $0 | $0 |
Total Giving
$37K
Total Assets
$868K
Fair Market Value
$868K
Net Worth
$868K
Grants Paid
$37K
Contributions
$0
Net Investment Income
$2K
Distribution Amount
$42K
Total: $829K
Total Grants
40
Total Giving
$222K
Average Grant
$6K
Median Grant
$2K
Unique Recipients
30
Most Common Grant
$1K
of 2022 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Five TalentsCHARITABLE | Falls Church, VA | $2K | 2022 |
| Fidelity DafCHARITABLE | Cincinatti, OH | $50K | 2022 |
| Sikh Human Dev FoundationCHARITABLE | N Potomac, MD | $3K | 2022 |
| Fidelity Charitable Advisor FundDonation | Cincinnati, OH | $25K | 2021 |
| DasvandhDonation | San Antonio, TX | $10K |
| 2018 | 990PF | View |
| 2021 |
| Rivers HeartDonation | Jackson, NJ | $10K | 2021 |
| Sikh Human Development FoundationDonation | North Potomac, MD | $6K | 2021 |
| Robert Smith School Of BusinessDonation | College Park, MD | $3K | 2021 |
| Suburban HospitalDonation | Bethesda, MD | $3K | 2021 |
| Guru Gobind Singh FoundationDonation | Rockville, MD | $1K | 2021 |
| GnfaDonation | Silver Spring, MD | $1K | 2021 |
| Howard UniversityDonation | Washington, DC | $1K | 2021 |
| Montgomery County CoalitionDonation | Rockville, MD | $1K | 2021 |
| Friends Of TfiDonation | New York, NY | $500 | 2021 |
| EcosikhDonation | West Silver Spring, MD | $500 | 2021 |
| Dc Central KitchenDonation | Boston, MA | $500 | 2021 |
| Fidelity CharitableDONATION | Cincinnati, OH | $20K | 2020 |
| University Of MarylandDONATION | Baltimore, MD | $5K | 2020 |
| Global Sikh Economic ForumDONATION | Southington, CT | $5K | 2020 |
| Sikh CoalitionDONATION | New York, NY | $2K | 2020 |
| Montgomery County Coaltion For The HomelessDONATION | Rockville, MD | $2K | 2020 |
| SaldefDONATION | Washington, DC | $1K | 2020 |
| Jaswant Sawhney TrustDONATION | Washington, DC | $1K | 2020 |
| Washington Dc GurudwaraDONATION | Washington, DC | $1K | 2020 |
| Stroke Comeback CenterDONATION | Vienna, VA | $500 | 2020 |
| National Sikh CampaignDONATION | Rockville, MD | $500 | 2020 |
| Dc Centeral KitchenDONATION | Boston, MA | $500 | 2020 |
| Us Indo 2019DONATION | Washington, DC | $500 | 2020 |
| John HopkinsDONATION | Baltimore, MD | $250 | 2020 |
| Progressive SikhDONATION | Potomac, MD | $250 | 2020 |
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