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Lokken - Odea Ii Family Foundation is a private corporation based in HOLLAND, MI. The foundation received its IRS ruling in 2018. The principal officer is Wendy Lokken. It holds total assets of $415K. Annual income is reported at $303K. The foundation is governed by 3 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 2017 to 2023. Funding is distributed across 4 states, including District of Columbia, New York, Florida. According to available records, Lokken - Odea Ii Family Foundation has made 14 grants totaling $92K, with a median grant of $5K. Annual giving has grown from $40K in 2021 to $52K in 2022. Individual grants have ranged from $500 to $20K, with an average award of $7K. The foundation has supported 8 unique organizations. The foundation primarily supports organizations in District of Columbia, New York, Kentucky, which account for 64% of all grants. Grantmaking reaches organizations across 7 states. Contributions to this foundation are tax-deductible.
Smallest Grant
$5K
Median Grant
$10K
Average Grant
$9K
Largest Grant
$10K
Based on 4 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.
Lokken - Odea Ii Family Foundation primarily funds organizations in the area of philanthropy & grantmaking. Based on available records, the foundation has funded 14 grants. Its grantmaking reaches organizations primarily in DC, NY, KY.
Lokken - Odea Ii Family Foundation has distributed a total of $92K across 14 grants. The median grant size is $5K, with an average of $7K. Individual grants have ranged from $500 to $20K.
Lokken - Odea Ii Family Foundation typically selects its grantees rather than accepting unsolicited proposals.
Lokken - Odea Ii Family Foundation is headquartered in HOLLAND, MI. While based in MI, the foundation distributes grants to organizations across 7 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Norton Lokken | SECRETARY | $0 | $0 | N/A |
| Michael John O'Dea Ii | TREASURER | $0 | $0 | N/A |
| Wendy Lokken | PRESIDENT | $0 | $0 | N/A |
Total Giving
$37K
Total Assets
$366K
Fair Market Value
$366K
Net Worth
$366K
Grants Paid
$25K
Contributions
$30K
Net Investment Income
$14K
Distribution Amount
$18K
Total Grants
14
Total Giving
$92K
Average Grant
$7K
Median Grant
$5K
Unique Recipients
8
Most Common Grant
$10K
of 2022 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| World Food Program UsaGENERAL SUPPORT | Washington, DC | $10K | 2022 |
| American Red CrossGENERAL SUPPORT | Washington, DC | $10K | 2022 |
| Tunnel To TowersGENERAL SUPPORT | Staten Island, NY | $5K | 2022 |
| Children InternationalGENERAL SUPPORT | Kansas City, MO | $1K | 2022 |
| Team Western Kentucky Tornado Relief FundGENERAL SUPPORT | Frankfort, KY | $5K | 2021 |
| PolarisGENERAL SUPPORT | Pittsburg, PA | $3K | 2021 |
| Harbor Humane SocietyGENERAL SUPPORT | West Olive, MI | $2K | 2021 |
| Charity NavigatorGENERAL SUPPORT | Saddle Brook, NJ | $500 | 2021 |