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Lincoln Electric Foundation Trust is a private trust based in BROOKLYN, OH. The foundation received its IRS ruling in 1953. The principal officer is % Keybank Na. It holds total assets of $4.7M. Annual income is reported at $3.2M. According to available records, Lincoln Electric Foundation Trust has made 258 grants totaling $9.3M, with a median grant of $8K. Annual giving has grown from $1.2M in 2020 to $1.5M in 2023. Grantmaking activity was highest in 2021 with $3.6M distributed across 1 grants. Individual grants have ranged from $200 to $3.6M, with an average award of $36K. The foundation has supported 138 unique organizations. The foundation primarily supports organizations in Ohio, Virginia, Michigan, which account for 79% of all grants. Grantmaking reaches organizations across 19 states. Contributions to this foundation are tax-deductible.
Lincoln Electric Foundation Trust is a private foundation that provides grants to eligible organizations. Based on available records, the foundation has funded 258 grants. Its grantmaking reaches organizations primarily in OH, VA, MI.
Lincoln Electric Foundation Trust has distributed a total of $9.3M across 258 grants. The median grant size is $8K, with an average of $36K. Individual grants have ranged from $200 to $3.6M.
The application deadline is SEPTEMBER 20 OF EACH YEAR. AWARDS ARE TO BE EXCLUSIVELY FOR SCIENTIFIC, EDUCATIONAL, LITERARY, RELIGIOUS AND CHARITABLE PURPOSES.
Lincoln Electric Foundation Trust is headquartered in BROOKLYN, OH. While based in OH, the foundation distributes grants to organizations across 19 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Keybank N A | TRUSTEE | $6K | $0 | $6K |
Total Giving
$1.5M
Total Assets
$3.1M
Fair Market Value
$3.1M
Net Worth
$3.1M
Grants Paid
$1.5M
Contributions
$2.4M
Net Investment Income
$133K
Distribution Amount
$149K
Total Grants
258
Total Giving
$9.3M
Average Grant
$36K
Median Grant
$8K
Unique Recipients
138
Most Common Grant
$5K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| MagnetUNRESTRICTED | Cleveland, OH | $100K | 2022 |
| Lincoln Electric FoundationEXEMPT PURPOSE OF | Cleveland, OH | $40K | 2022 |
| SisuUNRESTRICTED | Cleveland, OH | $25K | 2022 |
| Intl Federation Of Red Cross And Red CreGENERAL OPERATING | New York, NY | $25K | 2022 |
| YmcaGENERAL OPERATING | Washington, DC | $16K | 2022 |
| EsperanzaUNRESTRICTED | Columbus, OH | $6K | 2022 |
| See Attached ListUNRESTRICTED | Brooklyn, OH | $1.5M | 2023 |
| United Way WorldwideGENERAL OPERATING | Alexandria, VA | $216K | 2022 |
| Greater Cleveland Food BankGENERAL OPERATING | Cleveland, OH | $120K | 2022 |
| Women Who WeldGENERAL OPERATING | Madison Hts, MI | $100K | 2022 |
| Charities Aid Foundation AmericaGENERAL OPERATING | Alexandria, VA | $78K | 2022 |
| Cleveland Clinic FoundationGENERAL OPERATING | Independence, OH | $50K | 2022 |
| University Hospitals & Rb&Cs HospitalUNRESTRICTED | Cleveland, OH | $50K | 2022 |
| Red CrossUKRANIAN REFUGEE AID AND | Cleveland, OH | $45K | 2022 |
| Cleveland Museum Of Natural HistoryGENERAL OPERATING | Cleveland, OH | $38K | 2022 |
| Baldwin Wallace UniversityGENERAL OPERATING | Berea, OH | $25K | 2022 |
| American National Red CrossGENERAL OPERATING | Washington, DC | $25K | 2022 |
| Mentor Public School DistrictGENERAL OPERATING | Mentor, OH | $25K | 2022 |
| Usa Bobsled Skeleton IncGENERAL OPERATING | Clarksville, TN | $25K | 2022 |
| Euclid City School DistrictGENERAL OPERATING | Euclid, OH | $25K | 2022 |
| American Lung AssociationGENERAL OPERATING | New York, NY | $25K | 2022 |
| Diversity Center Of Northeast Ohio IncGENERAL OPERATING | Cleveland, OH | $24K | 2022 |
| College Now Greater ClevelandGENERAL OPERATING | Cleveland, OH | $22K | 2022 |
| American Heart AssociationGENERAL OPERATING | Dallas, TX | $21K | 2022 |
| Greater Cleveland Sports CommissionGENERAL OPERATING | Cleveland, OH | $21K | 2022 |
| National Park Trust IncGENERAL OPERATING | Rockville, MD | $15K | 2022 |
| Abilities First IncGENERAL OPERATING | Wappingers Falls, NY | $15K | 2022 |
| The Salvation ArmyGENERAL OPERATING | Alexandria, VA | $15K | 2022 |
| Ohio Foundation Of Independent CollegesGENERAL OPERATING | Columbus, OH | $15K | 2022 |
| Great Lakes Science CenterGENERAL OPERATING | Cleveland, OH | $13K | 2022 |
| Playhouse Square FoundationGENERAL OPERATING | Cleveland, OH | $11K | 2022 |
| Friends Of Breakthrough SchoolsGENERAL OPERATING | Cleveland, OH | $10K | 2022 |
| March Of Dimes IncGENERAL OPERATING | Arlington, VA | $10K | 2022 |
| Cuyahoga Community College FoundatiGENERAL OPERATING | Cleveland, OH | $10K | 2022 |
| Envision ChildrenGENERAL OPERATING | Cincinnati, OH | $10K | 2022 |
| The Cleveland Museum Of ArtGENERAL OPERATING | Cleveland, OH | $10K | 2022 |
| Leadership Lake County IncGENERAL OPERATING | Mentor, OH | $10K | 2022 |
| Business Volunteers UnlimitedGENERAL OPERATING | Cleveland, OH | $10K | 2022 |
| GawdaGENERAL OPERATING | Hollywood, FL | $10K | 2022 |
| The Cleveland OrchestraGENERAL OPERATING | Cleveland, OH | $10K | 2022 |
| Youth Opportunities UnlimitedGENERAL OPERATING | Cleveland, OH | $8K | 2022 |
| Direct WomenGENERAL OPERATING | La Grange, IL | $8K | 2022 |
| Family Promise Of Greater ClevelandGENERAL OPERATING | Cleveland, OH | $8K | 2022 |
| Hospice Of The Western ReserveGENERAL OPERATING | Cleveland, OH | $8K | 2022 |
| Lakeland College Foundation IncGENERAL OPERATING | Mattoon, IL | $8K | 2022 |
| YwcaGENERAL OPERATING | Washington, DC | $8K | 2022 |
| Circle Health ServicesGENERAL OPERATING | Cleveland, OH | $8K | 2022 |
| Cleveland Leadership CenterGENERAL OPERATING | Chagrin Falls, OH | $8K | 2022 |
| The Family PlaceUNRESTRICTED | Dallas, TX | $8K | 2022 |
| Cleveland Hearing And Speech CenterGENERAL OPERATING | Cleveland, OH | $6K | 2022 |
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