The Clay Lacy Foundation is a private family foundation based in Los Angeles, California. The organization was established in 1998 in Washington and is registered as a 501(c)(3) tax-exempt organization with EIN 91-1942515. The foundation's primary focus is on supporting museums and organizations dedicated to aviation.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$2.2M
-11.4% YoY
Annual Giving
$321K
-28.9% YoY
Grant Count
16
-20.0% YoY
Avg Grant Size
$20K
-11.2% YoY
Under IRS private-foundation payout rules, Clay Lacy Foundation reported a distributable amount of $178K for 2024 — the minimum it must pay out in qualifying distributions.
Mission & Focus Areas
The foundation gives primarily to museums and other organizations focusing on aviation. According to recent financial filings, the foundation's grant-making priorities include:
- Education
- Philanthropy, Voluntarism & Grantmaking
- Health Care
- Arts, Culture & Humanities
Grantmaking
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
States
Cities
Financial History
Multi-year comparison from IRS filings
- Total Assets: $2,215,799
- Total Annual Giving: $321,405 (2024)
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $2,215,799 | $2,500,773 | $2,840,822 |
| Revenue | $74,211 | $138,262 | $148,223 |
| Expenses | $359,185 | $478,311 | $486,748 |
| Qualifying Distributions | $321,405 | $452,330 | $440,803 |
| Net Investment Income | $44,535 | $113,349 | $118,834 |
| Distributable Amount | $177,758 | $156,432 | $180,532 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 10 recipients in 2024
Grant Size Distribution
79 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include Bob Hoover Academy ($100,000), Eaa Aviation Foundation ($81,500), National Aviation Hall of Fame ($26,000).
| Recipient | Purpose | Amount |
|---|---|---|
| ANGEL FLIGHT WEST SANTA MONICA, CA | SUPPORT FOR ORGANIZATION | $15,000 |
| BOB HOOVER ACADEMY SALINAS, CA | SUPPORT FOR ORGANIZATION | $100,000 |
| CATALINA ISLAND CONSERVANCY LONG BEACH, CA | SUPPORT FOR ORGANIZATION | $10,000 |
| CONDOR SQUADRON VAN NUYS, CA | SUPPORT FOR ORGANIZATION | $6,000 |
| CORPORATE ANGELS NETWORK DANBURY, CT | SUPPORT FOR ORGANIZATION | $10,000 |
| EAA AVIATION FOUNDATION OSHKOSH, WI | SUPPORT FOR ORGANIZATION | $81,500 |
| FLIGHTS TO FREEDOM ST CLOUD, MN | SUPPORT FOR ORGANIZATION | $10,000 |
| ISRAEL PARASPORTS CENTER NORTHFIELD, IL | SUPPORT FOR ORGANIZATION | $5,000 |
| KANSAS AVIATION MUSEUM WICHITA, KS | SUPPORT FOR ORGANIZATION | $5,000 |
| KIDDIE HAWK AIR ACADEMY LITTLETON, CO | SUPPORT FOR ORGANIZATION | $10,730 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| CLAY LACY | DIRECTOR, PRESIDENT & VP | 0.25 | — |
| SCOTT PATTERSON | DIRECTOR & TREASURER | — | — |
| BRUCE MCCAW | DIRECTOR | — | — |
Contact Information
- Address: 11762 Stonehenge Lane, Los Angeles, CA 90077-1302
- Telephone: 818-989-2900
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What does Clay Lacy Foundation fund?
The foundation gives primarily to museums and other organizations focusing on aviation. According to recent financial filings, the foundation's grant-making priorities include: • Education • Philanthropy, Voluntarism & Grantmaking • Health Care • Arts, Culture & Humanities
How do I apply for a grant from Clay Lacy Foundation?
**Grant Amounts:** Typical awards range from $500 to $120,000. **Recent Activity:** Based on the most recent IRS Form 990 filing (2024), the foundation distributed $321,405 in total giving during that fiscal year. **Geographic Focus:** The foundation primarily funds organizations in California, Colorado, and Wisconsin.
What size grants does Clay Lacy Foundation award?
In 2024, Clay Lacy Foundation awarded 16 grants totaling $321K — an average of about $20K per grant, based on its IRS Form 990 filings.
How much is Clay Lacy Foundation required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, Clay Lacy Foundation reported a distributable amount of $178K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is Clay Lacy Foundation's EIN?
Clay Lacy Foundation's EIN (Employer Identification Number) is 91-1942515. IRS Form 990 filing data is available on this page for 2020–2024.
Explore Open Grants
Browse active grant opportunities in Clay Lacy Foundation's focus areas in our free grants database
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Data last updated June 2026. Sourced from IRS Form 990-PF filings. Research dossier generated April 2026.
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