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The Lighthouse Beacon Foundation is a private corporation based in WILMINGTON, DE. The foundation received its IRS ruling in 2023. The principal officer is % Foundation Source. It holds total assets of $2.4M. Annual income is reported at $1.2M. The foundation operates in the area of philanthropy & grantmaking. According to available records, The Lighthouse Beacon Foundation has made 29 grants totaling $1M, with a median grant of $5K. Annual giving has decreased from $546K in 2021 to $166K in 2023. Individual grants have ranged from $138 to $515K, with an average award of $35K. The foundation has supported 12 unique organizations. Grant recipients are concentrated in Kentucky. Contributions to this foundation are tax-deductible.
The Lighthouse Beacon Foundation primarily funds organizations in the area of philanthropy & grantmaking. Based on available records, the foundation has funded 29 grants. Its grantmaking reaches organizations primarily in KY.
The Lighthouse Beacon Foundation has distributed a total of $1M across 29 grants. The median grant size is $5K, with an average of $35K. Individual grants have ranged from $138 to $515K.
The Lighthouse Beacon Foundation typically selects its grantees rather than accepting unsolicited proposals.
The Lighthouse Beacon Foundation is headquartered in WILMINGTON, DE.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Karen C Pigman | Dir, Pres | $0 | $0 | $0 |
| Leonard Stanley Pigman | Dir, Sec, Treas | $0 | $0 | $0 |
Total Giving
$500K
Total Assets
$2.6M
Fair Market Value
$3.6M
Net Worth
$2.6M
Grants Paid
$166K
Contributions
$5K
Net Investment Income
$480K
Distribution Amount
$166K
Total Grants
29
Total Giving
$1M
Average Grant
$35K
Median Grant
$5K
Unique Recipients
12
Most Common Grant
$3K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| University Of KentuckyHeritage Science Professorship-Chair | Lexington, KY | $100K | 2023 |
| Kentucky Engineering Foundation IncGeneral & Unrestricted | Frankfort, KY | $20K | 2023 |
| Pikeville High SchoolEquipment-VEX, Glowforge | Pikeville, KY | $11K | 2023 |
| Heartkeep IncGeneral & Unrestricted | Emmalena, KY | $10K | 2023 |
| Pikeville Elementary SchoolMiddle School VEX Robotics Program | Pikeville, KY |
| $7K |
| 2023 |
| Floyd County School DistrictPLTW and Young Women Lead Conference | Eastern, KY | $5K | 2023 |
| Johnson Central High SchoolTrailer Fund | Paintsville, KY | $5K | 2023 |
| Belfry High SchoolHOUSE OF CODE CONFERENCE | Belfry, KY | $4K | 2023 |
| Floyd Central High SchoolGeneral & Unrestricted | Eastern, KY | $413 | 2023 |
| Bluegrass Community & Technical College FoundationPassenger Shuttle to aid in transporting students | Lexington, KY | $125K | 2022 |
| Technology Student Association Kentucky TechCharitable Event | Frankfort, KY | $7K | 2022 |
| Challenger Learning Center Of Kentucky IncSTAR Program | Hazard, KY | $6K | 2022 |
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