The Lodestar Foundation

EIN 204480084

Lake Success, NY 11042 |(602) 956-2699

Total Given 2016–2024
$5.4M
226 grants · $606K avg/year
based on 9 yrs of IRS 990-PF records on file
$100K+/yr
local funder
capacity
$16K
typical small grants · $9K–$25K
grant size
36%
supporter · 32/89 multi-year
repeat
$530K
Assets (2024)
89
Distinct Recipients

About

As explained below, the Foundation has no plans for dissolution. This statement is submitted to report the distribution of certain assets during the year. The distributions resulted in a substantial contraction of assets. The following information is submitted in accordance with Treasury Regulation Section 1.6043-3(a)(1) and the Form 990-PF instructions: During the taxable year ending December 31, 2020, the Foundation made distributions from assets from sources other than current income. Collectively, the distributions in excess of current income totaled $886,378. This amount represents 25% or more of the Foundation's net assets of $306,161 (as measured by fair market value) at the beginning of the Foundation's taxable year ending December 31, 2020. Although the Foundation technically experienced a substantial contraction, it will continue in existence and has no plans for dissolution. The Foundation made distributions of cash to the grantees listed in the attachment to Part XV, Line 3a; each such grant was made solely for the charitable purpose specified therein.

Focus Areas

Education Health Arts & Culture Human Services Youth Development

Application Information

Accepts Unsolicited Proposals No — Preselected Only
Phone (602) 956-2699

Financial Trends

Giving Over Time

Total Assets Over Time

View financial data as table
YearTotal GivingTotal AssetsRevenueGrants
2016 $690K $223K $1.2M 49
2020 $886K $197K $954K 40
2022 $940K $166K $664K 40
2023 $1.6M $404K $2.1M 45
2024 $1.4M $530K $1.7M 52

Grant Size Distribution

Based on 226 grants on record

Minimum
$605
25th Pctl
$9K
Median
$16K
Average
$24K
75th Pctl
$25K
Maximum
$425K

Geographic Distribution

US Grant Distribution Map

Officers & Directors

LS
Lois Savage 5+ yrs
President Leadership
IH
I Jerome Hirsch 5+ yrs
Dir, Sec

Grants Awarded (226 total)

Purpose
Arizona Community Foundation Phoenix, AZ $425,000 General & Unrestricted 2023
Arizona Community Foundation Phoenix, AZ $200,000 General & Unrestricted 2024
Jewish Community Foundation of Greater Phoenix Scottsdale, AZ $150,000 General & Unrestricted 2023
Core Potomac, MD $150,000 Researching the topic of philanthrocapitalism 2024
Arizona Community Foundation Phoenix, AZ $110,000 NPR and Arizona Together for Impact Fund 2023
Brookings Institution Washington, DC $100,000 the Standing project 2020
Seachange Capital Partners Inc New York, NY $100,000 Administrative Fund 2023
Global Impact Alexandria, VA $80,000 Philanthropy Together 2020
Jewish Community Foundation of Greater Phoenix Scottsdale, AZ $80,000 General & Unrestricted 2024
Acumen Fund Inc New York, NY $75,000 General & Unrestricted 2022
Seachange Capital Partners Inc New York, NY $75,000 Sustained Collaboration Network Coordinator Support 2022
Arizona Justice Project Inc Phoenix, AZ $75,000 Larry Hammond Justice Fellowship 2023
Civic Ventures San Francisco, CA $75,000 The Future of Together 2023
Arizona Justice Project Inc Phoenix, AZ $75,000 Larry Hammond Justice program 2024
Indiana University Foundation Indianapolis, IN $75,000 The Legacy Library: An Environmental Scan 2024
Seachange Capital Partners Inc New York, NY $50,667 the exploration of a merger between BoardSource and Independent Sector 2020
Global Impact Alexandria, VA $50,000 In support of Philanthropy Together's Landscape Research Study 2022
Global Impact Alexandria, VA $50,000 In support of the Philanthropy Together We Give Summit Convening 2022
Seachange Capital Partners Inc New York, NY $50,000 Annual Administrative fund 2022
Valley of the Sun United Way Phoenix, AZ $50,000 in support of VSUW General Operations; Jewish Family & Children's Services; and Central Arizona Shelter... 2022
Valley of the Sun United Way Phoenix, AZ $50,000 General Operations and Central Arizona Shelter Services 2023
Foundation for National Progress San Francisco, CA $50,000 Merger Exploration - Mother Jones Magazine & The Center for Investigative Reporting 2024
Prescott College Inc Prescott, AZ $50,000 Merger with Fielding University 2016
Seachange Capital Partners Inc New York, NY $50,000 SeaChange 2016 Q2 & Q3 Annual Administrative Grant 2016
Valley of the Sun United Way Phoenix, AZ $50,000 VSUW general operations and Jewish Familty & Children's Services divison 2016