# John C. Lasko Foundation Trust

John C. Lasko Foundation Trust is an Endowment / Foundation based in New York, United States.

## Overview

- **Organization type:** Endowment / Foundation
- **Headquarters:** New York, United States
- **Region:** North America
- **Address:** New York, NJ, United States
- **Founded:** 1998
- **Assets under management:** $134M (Altss estimate)
- **Website:** www.bankofamerica.com/philanthropic/foundatio...

## Regulatory record

- **Reports private funds:** No

## About

The John C. Lasko Foundation Trust was created in 1998 in Michigan by John C. Lasko, who built Republic Die and Tool Co. into a successful manufacturing business. Lasko structured the foundation with an explicitly narrow mission: to build churches that would never deviate from their founding purpose. He died in 2011, leaving a trust instrument that restricts all grantmaking to sanctuary construction — no fellowship halls, classrooms, offices, or baptisteries. The foundation reincorporated in 2010 and now operates from New York and New Jersey, with residual ties to its Michigan origins. The foundation deploys capital through direct grants for religious real estate development. Its mandate covers only the worship-space portion of church buildings, a restriction that few other US foundations replicate. The trust's endowment originated from the proceeds of Republic Die and Tool, supplemented by commercial real estate including a property at 2050 S Canton Center Road in Canton, Michigan, and other assets such as an amphibious airplane. Grant activity focuses on church construction projects, though specific recipient churches and grant sizes are not publicly disclosed. Sean H. Cook, a partner at Michigan law firm Warner Norcross & Judd, serves as co-trustee alongside family member Gary M. Lasko, who appears as an officer in foundation filings. John C. Lasko maintained a long-time membership at Washtenaw Country Club, reflecting the family's Michigan roots. The foundation's operational footprint is deliberately minimal given its single-purpose grantmaking structure. The foundation's structural differentiator is its legal perpetuity clause embedded in the trust — funding church buildings designed to last forever, with governance restrictions that prevent mission drift. No separate philanthropic vehicles or donor-advised funds appear in public filings, reinforcing the trust's identity as a narrowly tailored religious-construction grantmaker rather than a general-purpose foundation.

## Sectors

- Real Estate

## Offices

- Canton, MI

## People

- Sean H. Cook — Co-Trustee
- Gary M. Lasko — Officer/Manager

## Questions

### What is the foundation's explicit grantmaking focus?

The John C. Lasko Foundation Trust funds only the construction of worship space — specifically the sanctuary portion of church buildings. Fellowship halls, classrooms, offices, kitchens, and baptisteries are explicitly excluded from the trust's grantmaking mandate. This restriction is embedded in the foundation's original 1998 governing documents.

### Where did the foundation's endowment originate?

The endowment came from John C. Lasko's sale of Republic Die and Tool Co., a manufacturing business based in Michigan. Additional assets include a commercial property in Canton, Michigan and other holdings, but the trust does not publicly report its full portfolio composition.

### How is the foundation structured legally and where does it operate?

The trust was established in Michigan in 1998 and reincorporated in 2010. It now operates from New York and New Jersey, with residual ties to Michigan including a commercial property in Canton. It is structured as a charitable trust rather than a private operating foundation, with Bank of America appearing to serve a recordkeeping role based on the foundation's web presence.

## Related profiles

- [Health Foundation for Western & Central New York](https://altss.com/profile/health-foundation-for-western-central-new-york)
- [Milford Retirement Board](https://altss.com/profile/milford-retirement-board)

---

Last updated: 2026-06-03T20:00:00.000Z

Canonical page: https://altss.com/profile/john-c-lasko-foundation-trust

Maintained by Altss — https://altss.com — methodology: https://altss.com/methodology