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Lofthouse Foundation is a private corporation based in KAYSVILLE, UT. The foundation received its IRS ruling in 2002. The principal officer is David L Stone. It holds total assets of $577K. Annual income is reported at $181K. Total assets have decreased from $868K in 2011 to $577K in 2024. The foundation is governed by 3 officers and trustees. The foundation received approval of its grant-making procedures from the irs in february 2003 and issued grants to students at six universities. According to its most recent filing, the foundation only makes contributions to preselected charitable organizations. Tax records are available from 2015 to 2024. Funding is distributed across 5 states, including Idaho, Massachusetts, Georgia. According to available records, Lofthouse Foundation has made 27 grants totaling $117K, with a median grant of $3K. Annual giving has grown from $29K in 2020 to $43K in 2022. Grantmaking activity was highest in 2021 with $45K distributed across 7 grants. Individual grants have ranged from $1K to $34K, with an average award of $4K. The foundation has supported 11 unique organizations. The foundation primarily supports organizations in Utah, Idaho, Georgia, which account for 74% of all grants. Grantmaking reaches organizations across 6 states. Contributions to this foundation are tax-deductible.
Smallest Grant
$1K
Median Grant
$2K
Average Grant
$6K
Largest Grant
$34K
Based on 7 grants from the most recent 990-PF filing.
The foundation received approval of its grant-making procedures from the irs in february 2003 and issued grants to students at six universities.
Expenses: $11K
The foundation made contributions to one tax-exempt organization for general use.
Expenses: $34K
The foundation received approval of its grant-making procedures from the irs in february 2003 and issued grants to students at six universities. Based on available records, the foundation has funded 27 grants. Its grantmaking reaches organizations primarily in UT, ID, GA.
Lofthouse Foundation has distributed a total of $117K across 27 grants. The median grant size is $3K, with an average of $4K. Individual grants have ranged from $1K to $34K.
Lofthouse Foundation typically selects its grantees rather than accepting unsolicited proposals.
Lofthouse Foundation is headquartered in KAYSVILLE, UT. While based in UT, the foundation distributes grants to organizations across 6 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Deann R Stone | TRUSTEE | $0 | $0 | N/A |
| David Lehi Stone | TRUSTEE | $0 | $0 | N/A |
| David L Stone | TRUSTEE | $0 | $0 | N/A |
Total Giving
N/A
Total Assets
$577K
Fair Market Value
N/A
Net Worth
$577K
Grants Paid
N/A
Contributions
N/A
Net Investment Income
N/A
Distribution Amount
N/A
Total Grants
27
Total Giving
$117K
Average Grant
$4K
Median Grant
$3K
Unique Recipients
11
Most Common Grant
$3K
of 2022 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Davis Education FoundationGENERAL FUND - HUMANITARIAN AID | Farmington, UT | $10K | 2022 |
| Life UniversitySCHOLARSHIP | Marietta, GA | $3K | 2022 |
| University Of IdahoSCHOLARSHIP | Moscow, ID | $3K | 2022 |
| College Of IdahoSCHOLARSHIP | Caldwell, ID | $3K | 2022 |
| Harvard CollegeSCHOLARSHIP | Cambridge, MA | $3K | 2022 |
| Yale UniversitySCHOLARSHIP | New Haven, CT | $1K | 2022 |
| Byu-IdahoSCHOLARSHIP | Rexburg, ID | $2K | 2021 |
| Treasure Valley Community CollegeSCHOLARSHIP | Ontario, OR | $1K | 2021 |
| Eagle Condor HumanitarianGENERAL FUND - HUMANITARIAN AID | Salt Lake City, UT | $9K | 2020 |
| Choice HumanitarianGENERAL FUND - HUMANITARIAN AID | West Jordan, UT | $9K | 2020 |
| College Of Southern IdahoSCHOLARSHIP | Twin Falls, ID | $1K | 2020 |
SALT LAKE CTY, UT
SANDY, UT
SALT LAKE CTY, UT