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Lobster Cove Foundation Trust is a private trust based in ATLANTA, GA. The foundation received its IRS ruling in 2003. The principal officer is Anne Meyer. It holds total assets of $669K. Annual income is reported at $1.1M. Total assets have grown from $30K in 2011 to $49K in 2023. The foundation is governed by 2 officers and trustees. The foundation operates in the area of philanthropy & grantmaking. According to its most recent filing, the foundation only makes contributions to preselected charitable organizations. Tax records are available from 2016 to 2023. The foundation primarily funds organizations in Massachusetts, Minnesota and Illinois. According to available records, Lobster Cove Foundation Trust has made 12 grants totaling $155K, with a median grant of $10K. Annual giving has decreased from $55K in 2021 to $30K in 2023. Grantmaking activity was highest in 2022 with $70K distributed across 5 grants. Individual grants have ranged from $5K to $30K, with an average award of $13K. The foundation has supported 8 unique organizations. The foundation primarily supports organizations in Massachusetts, District of Columbia, Illinois, which account for 67% of all grants. Grantmaking reaches organizations across 7 states. Contributions to this foundation are tax-deductible.
Smallest Grant
$1K
Median Grant
$5K
Average Grant
$7K
Largest Grant
$20K
Based on 6 grants from the most recent 990-PF filing.
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.
Lobster Cove Foundation Trust primarily funds organizations in the area of philanthropy & grantmaking. Based on available records, the foundation has funded 12 grants. Its grantmaking reaches organizations primarily in MA, DC, IL.
Lobster Cove Foundation Trust has distributed a total of $155K across 12 grants. The median grant size is $10K, with an average of $13K. Individual grants have ranged from $5K to $30K.
Lobster Cove Foundation Trust typically selects its grantees rather than accepting unsolicited proposals.
Lobster Cove Foundation Trust is headquartered in ATLANTA, GA. While based in GA, the foundation distributes grants to organizations across 7 states.
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| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Sarah Willeman Doran | TRUSTEE | $0 | $0 | N/A |
| Anne Meyer | TRUSTEE | $0 | $0 | N/A |
Total Giving
$37K
Total Assets
$49K
Fair Market Value
$442K
Net Worth
$49K
Grants Paid
$30K
Contributions
N/A
Net Investment Income
$29K
Distribution Amount
$21K
Total: $3K
Total Grants
12
Total Giving
$155K
Average Grant
$13K
Median Grant
$10K
Unique Recipients
8
Most Common Grant
$10K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Annisquam Association Stage Coach 1GENERAL SUPPORT | Gloucester, MA | $30K | 2023 |
| World Central KitchenGENERAL SUPPORT | Washington Dc, DC | $20K | 2022 |
| Doctors Without BordersGENERAL SUPPORT | New York, NY | $15K | 2022 |
| Lovin' SpoonfulsGENERAL SUPPORT | Boston, MA | $10K | 2022 |
| Feeding AmericaGENERAL SUPPORT | Chicago, IL | $5K | 2022 |
| Wild Earth AlliesGENERAL SUPPORT | Chevy Chase, MD | $15K | 2021 |
| Food Bank Of The RockiesGENERAL SUPPORT | Denver, CO | $10K | 2021 |
| Old FriendsGENERAL SUPPORT | Georgetown, KY | $5K | 2021 |
ATLANTA, GA
ATLANTA, GA
ATLANTA, GA