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EIN 52-0610535

The Loats Foundation

IRS 501(c) type
501(c)(3)
Num. employees
0
City
Frederick
State
Maryland
Year formed
1950
Most recent tax filings
2024-05-01
NTEE code, primary
T20: Private Foundations
Description
The Loats Foundation is a private foundation that funds scholarships, supports activities and missions of organizations, and provides scholarships to colleges and universities. Grantees include Frederick Community College Foundation Inc. and others. The foundation made 13 grants last year. It is located in Frederick, MD.
Total revenues
$77,075
2024
Total expenses
$230,676
2024
Total assets
$4,214,177
2024
Num. employees
0
2024

Program areas at The Loats Foundation

The Loats Foundation makes contributions to various non- profit organizations and contributes scholarship funds to college and universities.
Interest earned on cash account required for distributions
Dividends earned on investmts for scholarships & contrib.
Gains on sale of investmts held for scholarships & contrib

Grants made by The Loats Foundation

GranteeGrant descriptionAmount
Hood CollegeProvide Scholarship Funding$21,000
McDaniel CollegeProvide Scholarship Funding$13,000
Mother Seton SchoolProvide Scholarship Funding$12,000
...and 4 more grants made

Personnel at The Loats Foundation

NameTitleCompensation
C Richard MillerTreasurer$0

Financials for The Loats Foundation

RevenuesFYE 05/2024
Total grants, contributions, etc.$300
Investment income and dividends$184,668
Net rental income$0
Net gain from sale of non-inventory assets$-107,934
Gross sales of inventory$0
Miscellaneous revenues$41
Total revenues$77,075

Form 990s for The Loats Foundation

Fiscal year endingDate received by IRSFormPDF link
2024-052024-07-30990PFView PDF
2023-052023-08-03990PFView PDF
2022-052022-08-09990PFView PDF
2021-052021-07-23990PFView PDF
2020-052020-11-04990PFView PDF
...and 8 more Form 990s
Data update history
September 25, 2024
Posted financials
Added Form 990PF for fiscal year 2024
September 22, 2024
Updated personnel
Identified 2 new personnel
October 2, 2023
Posted financials
Added Form 990PF for fiscal year 2023
August 21, 2023
Posted financials
Added Form 990PF for fiscal year 2022
June 27, 2023
Updated personnel
Identified 2 new personnel
Nonprofit Types
Grantmaking organizationsPrivate foundationsPrivate non-operating foundationsCharities
Issues
Education
Characteristics
Provides grantsTax deductible donationsNo full-time employees
General information
Address
35 E Church St
Frederick, MD 21701
Metro area
Washington-Arlington-Alexandria, DC-VA-MD-WV
County
Frederick County, MD
Phone
(301) 606-0640
IRS details
EIN
52-0610535
Fiscal year end
May
Taxreturn type
Form 990-PF
Year formed
1950
Eligible to receive tax-deductible contributions (Pub 78)
Yes
Categorization
NTEE code, primary
T20: Private Foundations
NAICS code, primary
813211: Grantmaking Foundations
Parent/child status
Independent
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