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North Lake Foundation is a private corporation based in NAPLES, FL. The foundation received its IRS ruling in 2019. The principal officer is Kevin Shea. It holds total assets of $5.3M. Annual income is reported at $1.5M. Total assets have grown from $3M in 2019 to $4.8M 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 2020 to 2023. The foundation primarily funds organizations in Michigan and Pennsylvania. According to available records, North Lake Foundation has made 18 grants totaling $962K, with a median grant of $38K. The foundation has distributed between $208K and $261K annually from 2020 to 2023. Grantmaking activity was highest in 2021 with $261K distributed across 3 grants. Individual grants have ranged from $4K to $200K, with an average award of $53K. The foundation has supported 8 unique organizations. The foundation primarily supports organizations in Pennsylvania, Michigan, Indiana, which account for 89% of all grants. Grantmaking reaches organizations across 4 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.
North Lake Foundation primarily funds organizations in the area of philanthropy & grantmaking. Based on available records, the foundation has funded 18 grants. Its grantmaking reaches organizations primarily in PA, MI, IN.
North Lake Foundation has distributed a total of $962K across 18 grants. The median grant size is $38K, with an average of $53K. Individual grants have ranged from $4K to $200K.
North Lake Foundation typically selects its grantees rather than accepting unsolicited proposals.
North Lake Foundation is headquartered in NAPLES, FL. While based in FL, the foundation distributes grants to organizations across 4 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Kevin Shea | VICE PRESIDE | $0 | $0 | N/A |
| Kimberly Shea | PRESIDENT | $0 | $0 | N/A |
Total Giving
$265K
Total Assets
$4.8M
Fair Market Value
$4.8M
Net Worth
$4.8M
Grants Paid
$236K
Contributions
N/A
Net Investment Income
$71K
Distribution Amount
$227K
Total: $3.1M
Total Grants
18
Total Giving
$962K
Average Grant
$53K
Median Grant
$38K
Unique Recipients
8
Most Common Grant
$10K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| The Papal FoundationGENERAL | Bala Cynwyd, PA | $200K | 2023 |
| Transforming FuturesGENERAL | Ada, MI | $12K | 2023 |
| Fishtown Preservation SocietyGENERAL | Leland, MI | $10K | 2023 |
| Lymphona Research FdnGENERAL | New York, NY | $10K | 2023 |
| Various Charitable OrgsGENERAL | Leland, MI | $4K | 2023 |
| University Of Notre DameGENERAL | Notre Dame, IN | $50K | 2022 |
| Hillsdale CollegeGENERAL | Hillsdale, MI | $50K | 2020 |
| Anti-Cruelty AssociationGENERAL | Detroit, MI | $10K | 2020 |
WEST PALM BCH, FL
WEST PALM BCH, FL
POMPANO BEACH, FL