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Filing year 2024

LAKE CITY BANK FOUNDATION INC

Warsaw, Indiana·EIN 82-0991793·NTEE T22 · Philanthropy, Voluntarism & Grantmaking Foundations·501(c)(3)
Total revenue
$217k
Total assets
$3.9M
Total expenses
$230k
Reported officers
4

Reported officers (all unpaid)

No paid executives reported in 2024. LAKE CITY BANK FOUNDATION INC reported 4 unpaid officers and board members on its 990-PF.

President
Secretary/treasurer
Assistant Secretary
Vice President

Grants paid

Itemized grants reported on this foundation's 2024 Form 990-PF, Part XV.

Total granted

$200k

Itemized grants

12

Median grant

$15k

RecipientLocationPurposeAmount
HUMANE FORT WAYNE INCFORT WAYNE, INGENERAL OPERATING SUPPORT$50k
HABITAT FOR HUMANITY KOSCIUSKO COUNTYWARSAW, INGENERAL OPERATING SUPPORT$25k
ARTS UNITED OF GREATER FORT WAYNEFORT WAYNE, INGENERAL OPERATING SUPPORT$25k
FLANNER HOUSE OF INDIANAPOLISINDIANAPOLIS, INGENERAL OPERATING SUPPORT$25k
GOSHEN COLLEGEGOSHEN, INGENERAL OPERATING SUPPORT$25k
QUESTA EDUCATION FOUNDATION INCFORT WAYNE, INGENERAL OPERATING SUPPORT$20k
ALIVE COMMUNITY OUTREACHFORT WAYNE, INGENERAL OPERATING SUPPORT$10k
LACASA OF GOSHEN INCGOSHEN, INGENERAL OPERATING SUPPORT$5k
JUNIOR ACHIEVEMENT OF NORTHERN IN INCFORT WAYNE, INGENERAL OPERATING SUPPORT$5k
MICHIANA PUBLIC BROADCASTING CORPORATIONFORT WAYNE, INGENERAL OPERATING SUPPORT$5k
CASA OF KOSCIUSKO COUNTY INCWARSAW, INGENERAL OPERATING SUPPORT$3k
KOSCIUSKO CHAMBER OF COMMERCE FOUNDATION INCWARSAW, INGENERAL OPERATING SUPPORT$2k
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Financial trend

Revenue and expenses over time

LAKE CITY BANK FOUNDATION INC reported revenue and expenses across 2 filing years.

RevenueExpenses
$138k
$203k
2023
$217k
$230k
2024
Total revenue and total expenses from IRS Form 990 filings.

This is a private foundation. Peers are foundations of similar asset size ($1M - $10M), because foundation pay scales with assets under management, not revenue.

Sector benchmark

What Philanthropy, Voluntarism & Grantmaking executives earn in Indiana

LAKE CITY BANK FOUNDATION INC reported no executive compensation in its latest filing. For context, the highest-paid executive at a comparable philanthropy, voluntarism & grantmaking organization in Indiana earns a median of $18,575.

25th percentile
$5k
Median
$18,575
75th percentile
$71k
90th percentile
$154k

These are philanthropy, voluntarism & grantmaking sector-wide figures, not this organization's reported pay. Based on 669 organizations across 669 filings (2022 – 2024).

See full Philanthropy, Voluntarism & Grantmaking pay data for Indiana →
FAQ

Common questions about LAKE CITY BANK FOUNDATION INC

What are LAKE CITY BANK FOUNDATION INC's revenue and expenses?

In 2024, LAKE CITY BANK FOUNDATION INC reported $217k in total revenue and $230k in total expenses on its IRS Form 990.

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This is a private foundation. Peers are foundations of similar asset size ($1M - $10M), because foundation pay scales with assets under management, not revenue.