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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. Total assets have grown from $3.1M in 2011 to $4.7M in 2024. The foundation is governed by 1 officer or trustee. Tax records are available from 2020 to 2024. 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.
No program descriptions are available for this foundation. Many private foundations report program activities in their annual 990-PF filings — check the Tax Filings section below for the most recent filing.
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
N/A
Total Assets
$4.7M
Fair Market Value
N/A
Net Worth
$4.7M
Grants Paid
N/A
Contributions
N/A
Net Investment Income
N/A
Distribution Amount
N/A
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 |
|---|---|---|---|
| Lincoln Electric FoundationEXEMPT PURPOSE OF | Cleveland, OH | $40K | 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 |
| MagnetUNRESTRICTED | Cleveland, OH | $100K | 2022 |
| Charities Aid Foundation AmericaGENERAL OPERATING | Alexandria, VA | $78K | 2022 |
| University Hospitals & Rb&Cs HospitalUNRESTRICTED | Cleveland, OH | $50K | 2022 |
| Cleveland Clinic FoundationGENERAL OPERATING | Independence, OH | $50K | 2022 |
| Red CrossUKRANIAN REFUGEE AID AND | Cleveland, OH | $45K | 2022 |
| Cleveland Museum Of Natural HistoryGENERAL OPERATING | Cleveland, OH | $38K | 2022 |
| Mentor Public School DistrictGENERAL OPERATING | Mentor, OH | $25K | 2022 |
| American National Red CrossGENERAL OPERATING | Washington, DC | $25K | 2022 |
| Euclid City School DistrictGENERAL OPERATING | Euclid, OH | $25K | 2022 |
| Usa Bobsled Skeleton IncGENERAL OPERATING | Clarksville, TN | $25K | 2022 |
| SisuUNRESTRICTED | Cleveland, OH | $25K | 2022 |
| American Lung AssociationGENERAL OPERATING | New York, NY | $25K | 2022 |
| Baldwin Wallace UniversityGENERAL OPERATING | Berea, OH | $25K | 2022 |
| Intl Federation Of Red Cross And Red CreGENERAL 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 |
| YmcaGENERAL OPERATING | Washington, DC | $16K | 2022 |
| The Salvation ArmyGENERAL OPERATING | Alexandria, VA | $15K | 2022 |
| Ohio Foundation Of Independent CollegesGENERAL OPERATING | Columbus, OH | $15K | 2022 |