AEL Foundation
AEL Foundation is a private foundation, based in Los Altos, CA. IRS filing data is available from 2019 through 2025. As of 2025, the organization holds $103K in total assets. In 2025, it made $6K in qualifying distributions.
AEL Foundation at a glance
- Total assets
- $102,628
- +40.0% vs 2024
- Revenue (2025)
- $35,000
- +0.0% vs 2024
- Qualifying distributions (2025)
- $5,671
- -14.0% vs 2024
- Expenses (2025)
- $5,671
- -14.0% vs 2024
- Latest 990 filing
- Form 990-PF, 2025 View filing
Data from IRS Form 990-PF, 2025; updated September 2026.
Who AEL Foundation funds
How this funder distributes its grants
Grant Size Distribution
5 grants across all recorded years
The most common grant size was under $50K: 5 grants of 5 (100%).
Geographic Focus
Where this funder awards grants
Grant Distribution by State
States
Cities
How AEL Foundation gives
- Giving fell 61% from 2019 to 2022. Method
- In 2025 it paid out 112% of its IRS minimum distribution (the 5% rule). Method
From the foundation's IRS Form 990-PF filings. Methodology.
Giving History
Giving Over Time
Total grant dollars and number of grants per year
From 2019 to 2022, annual grant giving ranged from $14K (2022) to $35K (2019). In 2022 it made 2 grants totaling $14K.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| Three Square Las Vegas, NV | To provide wholesome food to hungry people, while passionately pursuing a hunger free community. | $12,500 |
| Givnv Foundation Las Vegas, NV | Non-profit organization that focuses on helping and donating to local organizations and after-school programs in the greater Nevada area | $1,000 |
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Financial History
Multi-year comparison from IRS filings
| Filing year | Total Assets | Revenue | Expenses | Grants paid | Grants | Qualifying Distributions | Net Investment Income | Distributable Amount |
|---|---|---|---|---|---|---|---|---|
| 2025 | $102,628 | $35,000 | $5,671 | — | — | $5,671 | — | $5,080 |
| 2024 | $73,299 | $35,000 | $6,592 | — | — | $6,592 | — | $3,138 |
| 2023 | $44,891 | $35,000 | $9,799 | — | — | $9,799 | — | $1,950 |
| 2022 | $19,690 | $35,000 | $20,257 | $13,500 | 2 | $20,257 | — | $1,426 |
| 2021 | $4,947 | $35,000 | $31,951 | $30,000 | 3 | $31,951 | — | $1,323 |
| 2020 | $1,898 | $35,000 | $33,355 | $27,500 | 1 | — | — | $1,517 |
| 2019 | $253 | $35,033 | $35,179 | $35,000 | 5 | — | $33 | $1,153 |
Under IRS private-foundation payout rules, AEL Foundation reported a distributable amount of $5K for 2025 — the minimum it must pay out in qualifying distributions.
Leadership & Key People
Officers and directors from IRS filings
AEL Foundation is led by George W. Lucas Jr., CEO & President on every filing since 2019; none of the 2 officers listed in 2025 report compensation.
Officers on the 2025 filing
George W. Lucas Jr.
CEO & President
On filings since 2019
0.1 hrs/week
No compensation reported
Natalie Delagnes Talbott
CFO & Secretary
On filings since 2019
0.1 hrs/week
No compensation reported
Data from IRS Form 990 filings, 2019–2025. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.
Frequently asked questions about AEL Foundation
How large is AEL Foundation?
AEL Foundation reported $103K in total assets on its 2025 IRS Form 990-PF. It paid out $6K in qualifying distributions that year, against a required minimum of $5K (roughly 5% of its investment assets).
Where does AEL Foundation operate?
AEL Foundation has awarded grants in California, Nevada.
What is AEL Foundation's EIN?
AEL Foundation's EIN (Employer Identification Number) is 68-0370324. IRS Form 990 filing data is available on this page for 2019–2025.
Data last updated September 2026. Sourced from IRS Form 990-PF filings.
Data update history
(3)
When this profile's IRS filing data changed on Grantable
- Added Form 990-PF for fiscal year 2019 (received by the IRS July 14, 2020)
- Added Form 990-PF for fiscal year 2025 (received by the IRS May 11, 2026)
- IRS filings on file for fiscal years 2020–2024
Explore Open Grants
Browse active grant opportunities in AEL Foundation's focus areas in our free grants database
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Figures come from AEL Foundation's IRS filings (methodology). AI-written summaries, news items and logos are not covered by the open licence. Spot an error? Email hello@grantable.co.
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