The goal of the Foundation is to increase the permanent endowment to $1 million. Already earnings have enabled the Foundation to fund college scholarships and to make grants to local charities serving Lakewood’s greatest needs. The following grants have been made that directly serve Lakewood charities, children and families.

Fourth Quarter Financials for 2017 Posted

Beginning Assets, End of 3rd Quarter: $ 907,199.92
4th Quarter Contributions: $ 17,390.00
Interest: $ 7,137.54
Realized Gains: $ 8,315.87
Unrealized Gains: $ 19,563.95
Fees: ($ 384.95)
GTCF Fees: ($ 2,143.62)
Bank Fees, other fees: ($ 186.18)
Ending Assets, thru 1st Quarter, 2018: $ 956,902.54

Larry Saunders Service Award Winner: Lakewood Rotary

Mayor Don Anderson and Sally Saunders present the award to Gayle Selden at Lakewood City Hall.

We would like to congratulate the 2018 Larry Saunders Service Award Winner LAKEWOOD ROTARY!

Lakewood Rotary has contributed more than $3 million to the Lakewood community since their founding in 1956. Projects include the playground and the Pavilion and the original baseball fields at Ft. Steilacoom, over $130,000 to the Boys & Girls Club, $100,000 to start the YMCA, gave $150,000 to the Clover Park School District to fund all the initial costs for the International Baccalaureate program, and so many other supports, large and small. President Gayle Selden, a second generation president of Lakewood Rotary and a third generation member, accepted the award. The $1000 grant provided by the LCFF will be given by Rotary to Springbrook Connections. They keep on giving!

Congratulations, Lakewood Rotary, and thanks! 

 

 

Grant Applications for 2018 Now Being Accepted: Deadline April 6

Grant applications now being accepted. Please go to FAQ for access to the form. Addresses for submission are at the bottom of the page.

Thanks!

 

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Financial Information for the Third Quarter 2017

Current assets of all funds:
$907,209.92

3rd quarter expenses and fees: 
$2638.07

3rd quarter interest and dividends:
$3330.36

Realized gains:
$4009.09

Unrealized gains:
$23,983.37

 

Grants approved for 2017

5 grants were approved for this year, for the largest amount ever gifted to date: $28,840.

Grants were awarded to:

  • City of Lakewood for the Pavillion in the Park
  • Caring for Kids
  • Communities in Schools
  • Lakewood First Lions
  • LASA
  • Nourish Pierce County (FISH Food Bank)

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