Lacy Foundation
Preselected recipients only
Lacy Foundation is a private foundation in Martinsville, Virginia. In tax year 2024 it gave $153,100 in 9 grants; the typical grant was $20,000 and the largest $25,000. It only gives to organizations it selects itself and does not accept unsolicited applications.
From its IRS Form 990-PF for tax year 2024.
- Grants paid, 2024$153,100
- Number of grants9
- Typical grant$20,000
- Largest grant$25,000
- Assets$2.5 million
- New grantees33%
Giving in 2024 was up from $144,750 the year before.
33% of its 2024 grantees had not received a grant from it the year before, a mix of repeat and new grantees.
Giving by year
| Tax year | Grants paid | Number of grants | Assets |
|---|---|---|---|
| 2022 | $121,000 | 8 | $2.2 million |
| 2023 | $144,750 | 8 | $2.4 million |
| 2024 | $153,100 | 9 | $2.5 million |
How to apply
Lacy Foundation says in its IRS filing that it only makes contributions to preselected organizations, so unsolicited applications are unlikely to be considered. Organizations it funds are usually invited.
What Lacy Foundation funds
Where it gives
Its grants went to recipients in 3 states, the most to Virginia.
| State | Grants | Amount |
|---|---|---|
| Virginia | 5 | $70,000 |
| North Carolina | 3 | $60,000 |
| New Hampshire | 1 | $23,100 |
Grants paid in 2024
| Recipient | Purpose | Amount |
|---|---|---|
| Senior Servicesmeals on Wheels | Promoting health and well being of senior citizens by delivering food to their homes | $25,000 |
| Breakthrough Manchester | Students teaching students program designed to close the educational opportunity gap | $23,100 |
| Crisis Control Ministry | To provide assistance to indigent families | $20,000 |
| Grace Network of Martinsvillehenry County | Helping struggling families to meet various needs | $20,000 |
| United Way of Martinsvillehenry County (Hope & Smart Beginnings) | To provide assistance to the community | $20,000 |
| Experiment in Self-Reliance | Capital campaign to build facility to house programs - helping struggling families to help themselves | $15,000 |
| Community Storehouse | To feed those in need, reduce food waste, and educate the community on the issues of hunger and nutrition | $10,000 |
| Family YMCA Building A Healthy Community | To provide assistance for scholarships for needy children | $10,000 |
| Safetynet Inc | To provide assistance to needy families who may not qualify for other assistance | $10,000 |
Officers and trustees
- Frank Lacy Jr
- Richard W Critz
- Edward S Lacy
- Brent M Lacy
- Frank M James III
- Lacy James
- Kierra James
- Patrick Critz
- Madeline James
- Tyler Critz
Questions people ask
Does Lacy Foundation accept grant applications?
No. Its IRS filing says it only makes contributions to preselected organizations.
How much does Lacy Foundation give?
$153,100 in tax year 2024, across 9 grants, with a typical grant of $20,000.
Who runs Lacy Foundation?
Its 2024 filing lists Frank Lacy Jr (President), Richard W Critz (Secretary), Edward S Lacy (Director) and Brent M Lacy (Director) among 10 officers and trustees.
What does Lacy Foundation fund?
Based on its grants, mainly human services, education and food and hunger.