Private foundation (trust)EIN 340893419Est. 2005-12
LAKEWOOD SENIOR CITIZENS INC
LAKEWOOD, OH 44107
Total Assets
$16.6M
FY 2024
Annual Giving
$51K
FY 2024
Grants Made
1
FY 2024
Avg Grant
$51K
FY 2024
Grant Range
$51K–$51K
Typical
Deadlines
—
Applications
Programs & Activities
Program 1
Lakewood senior citizens, inc. (lsc) holds a general partner interest in the westerly apartments. As part of lsc's charitable purpose, lsc assists the westerly apartments operate as qualified low-income housing projects within the meaning of section 42 of the internal revenue code. Additionally, lsc oversaw the rehabilitation of the westerly apartments in accordance of section 47 of the internal revenue code. Lsc holds seller notes in the westerly apartments for which it earns interest which is meant to be re-invested in the projects and provide services for the tenants.
Program 2
$51KThe corporation donated funding to barton center, inc. For the purpose of serving the local elderly community. The barton center's mission is to provide social, educational, recreational, and health-related activities, classes, programs, and services to enrich the quality of life for people age 55 and older.
Focus Areas
Financial Snapshot
2024 filing
Total Revenue
$336K
Total Expenses
$133K
Qualifying Distributions
$51K
Distributable Amount
$48K
Min. Investment Return
$49K
Payout rate
Qualifying distributions as a share of distributable amount.
Top Recipients
1 grants
Grant Size Distribution
1 grants
Geographic Focus
1 states
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