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Lovsted Family Charitable Foundation is a private trust based in MERCER ISLAND, WA. The foundation received its IRS ruling in 1994. It holds total assets of $5.1M. Annual income is reported at $378K. Total assets have grown from $631K in 2011 to $4.7M in 2023. The foundation is governed by 1 officer or trustee. The foundation operates in the area of philanthropy & grantmaking. Tax records are available from 2016 to 2023. Grantmaking is concentrated in Washington. According to available records, Lovsted Family Charitable Foundation has made 89 grants totaling $723K, with a median grant of $3K. Annual giving has decreased from $539K in 2022 to $184K in 2023. Individual grants have ranged from $100 to $75K, with an average award of $8K. The foundation has supported 40 unique organizations. The foundation primarily supports organizations in Washington, California, New York, which account for 91% of all grants. Grantmaking reaches organizations across 7 states. Contributions to this foundation are tax-deductible.
Smallest Grant
$500
Median Grant
$2K
Average Grant
$5K
Largest Grant
$29K
Based on 29 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.
Lovsted Family Charitable Foundation primarily funds organizations in the area of philanthropy & grantmaking. Based on available records, the foundation has funded 89 grants. Its grantmaking reaches organizations primarily in WA, CA, NY.
Lovsted Family Charitable Foundation has distributed a total of $723K across 89 grants. The median grant size is $3K, with an average of $8K. Individual grants have ranged from $100 to $75K.
The application deadline is EACH NOVEMBER. Preference is given to local needs and charities.
Lovsted Family Charitable Foundation is headquartered in MERCER ISLAND, WA. While based in WA, the foundation distributes grants to organizations across 7 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Carl Lovsted | DIRECTOR | $0 | $0 | N/A |
Total Giving
$188K
Total Assets
$4.7M
Fair Market Value
$4.7M
Net Worth
$4.7M
Grants Paid
$184K
Contributions
N/A
Net Investment Income
$160K
Distribution Amount
$210K
Total: $4.7M
Total Grants
89
Total Giving
$723K
Average Grant
$8K
Median Grant
$3K
Unique Recipients
40
Most Common Grant
$5K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| TreehouseSUPPORT KIDS IN FOSTER CARE | Seattle, WA | $5K | 2023 |
| Vine Maple PlaceBRING HELP AND HOUSING TO HOMELESS CHILDREN | Maple Valley, WA | $49K | 2023 |
| ChildhavenPROVIDE YOUNG ABUSED AND NEGLECTED CHILDREN WITH CARE AND SUPPORT | Seattle, WA | $30K | 2023 |
| University Of WashingtonSUPPORT FOR STUDENTS AND UNIVERSITY'S CREW PROGRAM | Seattle, WA | $25K | 2023 |
| Mission Scholars - Santa Barbara Education FoundationEMPOWERING STUDENTS ON THE PATH TO COLLEGE. | Santa Barbara, CA | $18K | 2023 |
| Association Recreation Council - Green Lake RowingTO HELP THE ORGANIZATION BUY AND MAINTAIN BOATS AND EQUIPMENT | Seattle, WA | $5K | 2023 |
| Esperanza-Hope InternationalTO HELP PROVIDE FINANCIAL AND HEALTH SERVICES TO FAMILIES LIVING IN POVERTY IN THE DOMINICAN REPUBLIC | Lancaster, PA | $5K | 2023 |
| Fred Hutchinson Cancer Research CenterCANCER RESEARCH | Seattle, WA | $5K | 2023 |
| Seattle Children'S HospitalHELP SUPPORT SPECIALIZED CARE TO ALL KIDS | Seattle, WA | $5K | 2023 |
| Seattle Union Gospel MissionFEED THE HOMELESS | Seattle, WA | $5K | 2023 |
| Mary'S PlaceTO SUPPORT IN PROVIDING SHELTER FOR HOMELESS WOMEN AND CHILDREN | Seattle, WA | $5K | 2023 |
| Maui Food BankHELPING THE HUNGRY IN MAUI | Wailuku, HI | $4K | 2023 |
| Operation NightwatchHELPING RELIEVE THE DISTRESS OF HOMELESS PEOPLE IN SEATTLE | Seattle, WA | $3K | 2023 |
| Northwest HarvestTO SUPPORT THE FIGHT AGAINST HUNGER | Seattle, WA | $3K | 2023 |
| Seattle Cancer Care AllianceSUPPORTING ADVANCEMENTS TOWARDS CURING CANCER | Seattle, WA | $3K | 2023 |
| Maui United WayTO HELP IN FIRE RECOVERY EFFORTS | Kahului, HI | $2K | 2023 |
| Day Bridge Services - Parents' Cooperative Society IncTO SUPPORT THE CARE FACILITY SERVING RESIDENTS' WITH DISABILITIES | Spokane, WA | $2K | 2023 |
| King County Dependency Casa ProgramSUPPORT FOR ABUSED AND NEGLECTED CHILDREN IN KING COUNTY | Seattle, WA | $2K | 2023 |
| Pocock Rowing CenterSUPPORT YOUTH ROWING PROGRAM | Seattle, WA | $2K | 2023 |
| Sound Generations-Senior ServicesHELP PROVIDE MEALS FOR SENIORS | Seattle, WA | $2K | 2023 |
| Sound DisciplineSUPPORT TRAINING OF EDUCATORS, PARENTS & CAREGIVERS TO CONNECT WITH YOUTH & ADDRESS CHALLENGING BEHAVIORS | Seattle, WA | $2K | 2023 |
| St Jude - SeattleFOR SUPPORT OF LOCAL SERVICES | Seattle, WA | $2K | 2023 |
| The Seadoc Society - Us DavisSUPPORT CUTTING EDGE SCIENCE THAT WILL HELP PROTECT THE SALISH SEA FOR FUTURE GENERATIONS. | Eastsound, WA | $2K | 2023 |
| Peninsula Trails CoalitionPROMOTE NON-MOTORIZED TRAIL DEVELOPMENT ON THE OLYMPIC PENINSULA | Port Angeles, WA | $2K | 2023 |
| AmaraSUPPORT FOR CHILDREN IN FOSTER CARE | Seattle, WA | $1K | 2023 |
| DescHELPING THE HOMELESS | Seattle, WA | $1K | 2023 |
| Stanton InternationalTO HELP PROVIDE FREE MEDICAL SERVICES TO WOMEN | Meridian, ID | $500 | 2023 |
| Michael J Fox Foundation For Parkinson ResearchTO FINDING A CURE FOR PARKINSON'S DISEASE THROUGH AN AGGRESSIVELY FUNDED RESEARCH AGENDA | New York, NY | $5K | 2022 |
| Seattle Goodwill IndustriesSUPPORT OF GOODWILL INDUSTRY OPERATIONS | Seattle, WA | $5K | 2022 |