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Ohio · Nonprofit

THE LAKEWOOD FOUNDATION

THE LAKEWOOD FOUNDATION (Ohio) receives grants from 14 organizations whose IRS filings report $8,672,928 to it, the largest being THE CLEVELAND CLINIC FOUNDATION ($4,100,000). 5 of them have funded it in more than one year.

Revenue FY2024
$641k
Funders on record
14
Grants received
$8.7M
Net assets
$3.1M
5/14 repeat fundersgrants exceed reported revenue in one year
01What it does

What The Lakewood Foundation does

Mission

The Lakewood Foundation is a private, not-for-profit, community-based organization. The Lakewood Foundation enhances the lives of lakewood residents by serving as the fiscal agent for service groups and city departments. The trustees of The Lakewood Foundation assist and support special projects they believe will further the well being of the lakewood community.

As stated on its FY2024 Form 990.

Program

  1. The Lakewood Foundation was created in 1996 as a 501(c)(3) to support programs and activities that enhance the lives of lakewood residents by enabling them to live more productively and with dignity. To accomplish this goal, The Lakewood Foundation will act as the fiscal agent for non- profit organizations located in lakewood or formed for the benefit of the residents of lakewood as approved by The Lakewood Foundation board of trustees. In addition, The Lakewood Foundation will also provide advocacy and fiscal management of programs, grants and charitable contributions to the city of lakewood, department of human services. The Lakewood Foundation has assisted various groups within the city of lakewood with fundraising efforts by serving as the fiscal agent for their projects. Over the past several years, The Lakewood Foundation has worked vigorously to support and assist all of the programs of the department of human services. Current programming include: the family room, h2o, family to family play a day, lakewood commission on aging and the aging nutrition site. The Lakewood Foundation is comprised of voting members-at-large representing the general community. The Lakewood…

    $399,539 spentof which $105,105 as grants$111,104 earned by the program
    100% of program spending

The program described on its FY2024 Form 990. Program spending in total: $399,539.

02The organization over time

The organization over time

Each line starts at 100 in 2017, so what you read is the shape rather than the size: 150 means half as much again as 2017, 50 means half. The number beside each label in the key is where it ended. The shaded band is where the middle 50% of its peers' revenue would sit, given their growth.

100 = 20172017 Revenue 100 ($186k) Expenses 100 ($169k) Net assets 100 ($512k)2018 Revenue 104 ($194k) Expenses 110 ($185k) Net assets 116 ($596k)2019 Revenue 1077 ($2.0M) Expenses 99 ($167k) Net assets 497 ($2.5M)2020 Revenue 170 ($316k) Expenses 131 ($221k) Net assets 552 ($2.8M)2021 Revenue 125 ($233k) Expenses 160 ($269k) Net assets 582 ($3.0M)2022 Revenue 164 ($305k) Expenses 122 ($206k) Net assets 514 ($2.6M)2023 Revenue 295 ($548k) Expenses 148 ($249k) Net assets 572 ($2.9M)2024 Revenue 345 ($641k) Expenses 254 ($428k) Net assets 613 ($3.1M)
'17'18'19'20'21'22'23'24
Revenue (345)Expenses (254)Net assets (613)Peer revenue range

Balance sheet

Total assets and total liabilities at each year end, in dollars. The largest one-year move in total assets was 2018 to 2019, from $596k to $2.5M (+328%).

$604k
$596k
$2.5M
$2.9M
$3.0M
$2.6M
$2.9M
$3.2M
'17'18'19'20'21'22'23'24
Total assetsTotal liabilities

How it's funded, over time

Each bar is one year's revenue split into where it came from, and every bar is the same height — these are shares, not amounts, so a year that raised twice as much looks the same size. Hover a bar for the split.

2017
2018
2019
2020
2021
2022
2023
2024
ContributionsProgram revenueInvestmentOther

Government-grant reliance: 2019 0% · 2024 6%. Grants only. Government contracts and fees sit inside program revenue.

33% of THE LAKEWOOD FOUNDATION’s revenue is contributions — more earned-revenue than three-quarters of its peers (87% for the typical peer).

This organization
Typical peer · 7,828 orgs

Surplus & reserves

Operating surplus or deficit each year, and months of liquidity in hand. 1 of the last 8 reported years ran a deficit.

$17k
’17
$8k
’18
$1.8M
’19
$95k
’20
−$36k
’21
$100k
’22
$299k
’23
$212k
’24
5.0
months of
reserve

Leadership and staff

The officers, directors, trustees and key employees listed on each return. Joined and no longer listed compare each filing with the year before, matching people by surname and first initial; a year after a gap, or a roster under three people, has no comparison.

'17'18'19'20'21'22'23'24
Listed10911999910
Joined·+2+3+0+2+0+0+2
No longer listed·3122001
03Who funds it

Who funds it, year by year

2018 → 2023: the base broadened from 1 funder to 5 funders, grant income rose $250 → $75k.

2 of 14 of your funders are donor-advised or pass-through sponsors (tagged DAF) — 0% of grant dollars received. That money is really individual donors directing a sponsor; the institutions to cultivate are the non-DAF funders.

From the IRS filings of THE LAKEWOOD FOUNDATION’s funders (the co-funder graph). Association, not causation. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

How concentrated its funding is

THE LAKEWOOD FOUNDATION leans on a few funders — its largest provides 47% of grant income and the top three 98%; half comes from just 2 funders.

the vertical line marks half of all grant income — 2 funders to its left

99% of the income these shares are computed over arrives through pass-through sponsors or from payers whose filings do not say what kind of payment it is. Concentration is still measured over all of it, because the money is real; what it does not support is a claim about how many institutions have chosen to fund THE LAKEWOOD FOUNDATION.

47%
largest funder
98%
top three
~2
effective funders

Largest funder’s share by year: 2018 100% · 2019 100% · 2020 56% · 2021 50% · 2022 62% · 2023 64% — diversifying over time.

“Effective funders” = inverse Herfindahl index (1 / Σ shareᵢ²) — the number of equal-sized funders that would give the same concentration. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

How long its funders stay

63% of THE LAKEWOOD FOUNDATION's funders are still giving 3 years after their first grant; 36% give in more than one year at all.

first grant+1y+2y+3y

Share of funders still giving k years after their first recorded grant, pooled across every acquisition cohort. A funder counts as retained in a year only if it made a grant that year. Measured to FY2023, the last fiscal year that has finished arriving — a funder cannot be counted as lapsed in a year most filers have not reached.

Where its funders are

100% of THE LAKEWOOD FOUNDATION's grant income comes from Ohio funders.

WA
NY
OH
PA
RI
VA
NC

In-state vs out-of-state, by year

’18
’19
’20
’21
’22
’23
Ohio out of state home

Funder states come from each funder’s own filing. $6k arriving through sponsors registered in 2 states is excluded from the map and the split above: a sponsor holds money on a donor’s behalf, so its registered address would place those dollars somewhere no donor need ever have been. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

04Its place in the field

Against its field

THE LAKEWOOD FOUNDATION runs a healthier operating margin than three-quarters of the 7,117 philanthropy nonprofits its size.

Operating margin33% · top quartile
Months of reserve5.0mo · below the median
Revenue growth (annualized)19% · top quartile

this organization peer median middle 50% of peers· 7,117 philanthropy nonprofits $100k–$1M, FY2024

Organizations like THE LAKEWOOD FOUNDATION

Organizations whose mission and program text most resemble this one, by semantic similarity over every organization in the US filings — the closest peers, and often the clearest route to shared or prospective funders.

In Ohio

Nationally

05Profile & governance

Read directly from this organization’s own Form 990, as neutral context.

Where the money goes

93% of spending goes to programs.

Program 93%Management 7%Fundraising 0%

Governance

10
board members
100%
independent
–Conflict-of-interest policy–Whistleblower policy✓Document retention✓Board reviewed the 990–Audited financials

Footprint & structure

Files a return copy in 1 state

OH

Screen this organization

A dated, signed PDF of the compliance screen for THE LAKEWOOD FOUNDATION: IRS status (Business Master File, Publication 78, auto-revocation), the OFAC sanctions lists, the Internal Revenue Bulletin, and California registration, with the Rev. Proc. 2018-32 §8.01 reliance elements stated element by element. Generated from the current files at the moment you download it.

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Screens are triage, not determinations; a source that cannot be read reports not screened, never clear. Screen this nonprofit · How the screen works · on the API as GET /api/screening/{ein}?format=pdf

Questions and answers

Who funds THE LAKEWOOD FOUNDATION?
THE LAKEWOOD FOUNDATION (Ohio) receives grants from 14 organizations whose IRS filings report $8,672,928 to it, the largest being THE CLEVELAND CLINIC FOUNDATION ($4,100,000). 5 of them have funded it in more than one year.
How many funders does THE LAKEWOOD FOUNDATION have?
IRS filings report 14 organizations giving $8,672,928 in grants to THE LAKEWOOD FOUNDATION, 5 of which have funded it in more than one year.
Who is the largest funder of THE LAKEWOOD FOUNDATION?
THE CLEVELAND CLINIC FOUNDATION is the largest funder on record, with $4,100,000 in grants. The full list of funders is on this page.
How can an organization like THE LAKEWOOD FOUNDATION find more funders?
Start with the funders already giving here, then look at the foundations that back similar organizations in Ohio. The funding by cause and by state pages list the largest funders for a given area and how to approach them.

These figures are read directly from IRS Form 990 / 990-PF e-file XML: this organization’s own return for FY2024 (financials across 2017–2024), and the filings of 14 funders that report grants to it. “On record” means captured in the filings we have parsed — a funder that does not e-file, or whose grant detail is not itemized, will not appear. Filings run roughly 12–24 months behind. Trends on this page end at FY2023, the last fiscal year that has finished arriving; later years are shown and marked, and move no figure. Data on this page was exported October 14, 2026. What this page cannot tell you · view filing