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.

2023 2nd Quarter Financials


Beginning Assets, End of 1st Quarter: 1,254,672.14
2nd Quarter Contributions: $       0
Earnings $   38,492.34
Grants $   (35,600.00)
Investment Fees $    (575.34)
Banking Fees $          0
GTCF Fees: $ (2,908.56)
Ending Assets, thru 2nd Quarter 2023:



2023 Larry Saunders Service Award Nominations Open

Please click here or on Applications above. Deadline: September 22, 2023

15 in, and 37 Out: A Beautiful Thing!


The Lakewood Community Foundation Fund (LCFF) recently announced grants for 2023 in the amount of $37,600. And yet….donations were only a little over $15,000 this past year. That, Lakewood, is the beauty of endowed funds. Thanks to 30 years of donations, the endowed fund is over $1.2 Million. This year and every year, money goes back to Lakewood regardless of current income. Your generosity over the years will keep on giving in perpetuity. As in, forever.

This year’s grants:

Caring for Kids                                    $5,000

Clover Park Rotary (Park project)       $1,000

Communities in Schools                     $5,000

Emergency Food Network                  $5,000

Greater Lakes Mental Health             $5,000

Lakewold Gardens                              $6,600

Lakewood Baseball Club                    $3,000

Lakewood Lions (Springbrook)           $2,000

Nourish of Pierce County                   $5,000




Larry Saunders Service Award Winner Announced

Sally Saunders and City Council with the Brothers McFadden


Lakewood Community Foundation Fund in partnership with City of Lakewood is pleased to announce presentation of the 2022 Larry Saunders Service Award to the McFadden Brothers. Jonathan and Brian McFadden distinguished themselves through more than twenty years of service critical to sustaining operation of the Oakbrook Swim & Tennis Club.

While working tirelessly over the years to innovate and maintain the pumps, filtration and elaborate pool machinery of the Oakbrook club, Jonathan and Brian excelled in organizing administration, hiring staff and training lifeguards together with swimming, fitness and water safety classes for all ages. The Oakbrook Swim & Tennis Club is designated to receive benefit of the $1,000 award grant. Working together, the volunteer commitment of Jonathan and Brian McFadden exemplifies the community spirit of the Larry Saunders Service Award.  

Sally (Mrs. Larry) Saunders joined Mayor Jason Whalen at City Hall, Tuesday evening, January 17, to present the 2022 award to Jonathan and Brian. Mrs. Barbara Hairston wrote and submitted the winning nomination.

Each year, Lakewood Community Foundation Fund (LCFF) in partnership with City of Lakewood reaches out to community for nominations to receive the Larry Saunders Service Award. Nominations are open and submitted annually in August and September following announcement in The Suburban Times. A three-person Award Recognition Committee (ARC), representing the City, LCFF and Lakewood community, reviews the nominations and selects a winning individual or organization for presentation at the first city council meeting each year (currently, third Tuesday of the new year following Martin Luther King, Jr. Day).

Our thanks to Patti Belle, Lakewood City Council, Tod Wolf, Robi’s Lakewood Camera and Lakewood Chamber of Commerce, and Bob Lawrence, LCFF for their ARC assist, and as always, Briana Schumacher, City Clerk, Lakewood, for her administrative help. And special thanks to Sally Saunders for her community service and devoted participation. 



Grant Requests for 2023 Now Open

Endowed money available for grants this year is $37,600. Grant applications are now being accepted, with a deadline of April 6, 2023. Email to or mail to the LCFF PO Box. Be advised that grants are only made to qualified 501(c)3 organizations with principal benefits to the citizens of Lakewood.

Click below for application form.