Floyd and Betty Lou Lancia Family Foundation Inc
Floyd and Betty Lou Lancia Family Foundation Inc is a private foundation, based in Wilmington, DE. IRS filing data is available from 2019 through 2024. In 2024, it awarded 6 grants totaling $300K. Net investment income was $125K.
Floyd and Betty Lou Lancia Family Foundation Inc at a glance
In short: Floyd and Betty Lou Lancia Family Foundation Inc gave $300K across 6 grants in 2024 (avg $50K), mostly in Indiana. Source: 2024 IRS Form 990-PF.
- Annual giving (2024)
- $300,000
- +900.0% vs 2023
- Grants made (2024)
- 6
- +200.0% vs 2023
- Average grant
- $50,000
- +233.3% vs 2023
- Median grant
- $50,000
- Primary geography
- Indiana (100% of itemized 2024 grant dollars)
- Latest 990 filing
- Form 990-PF, 2024 View filing
Data from IRS Form 990-PF, 2024; updated September 2026.
Who Floyd and Betty Lou Lancia Family Foundation Inc funds
How this funder distributes its grants
Top Recipients
Top 6 recipients in 2024
The largest 2024 recipient was Allen Co Ft Wayne Historical Society Inc ($50K). Together the top 6 received $300K.
Grant Size Distribution
13 grants across all recorded years
The most common grant size was under $50K: 7 grants of 13 (54%).
Geographic Focus
Where this funder awards grants
Grant Distribution by State
Share of 2024 grant dollars across all 6 itemized grants.
States
Cities
How Floyd and Betty Lou Lancia Family Foundation Inc gives
- Giving grew 5900% from 2021 to 2024. Method
- In 2024 it paid out well above 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 2024, annual grant giving ranged from $5K (2019) to $300K (2024). In 2024 it made 6 grants totaling $300K.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| Allen Co Ft Wayne Historical Society Inc Fort Wayne, IN | General & Unrestricted | $50,000 |
| Arts United of Greater Fort Wayne Fort Wayne, IN | General & Unrestricted | $50,000 |
| Cancer Services of Allen County Inc Fort Wayne, IN | General & Unrestricted | $50,000 |
| Fort Wayne Museum of Art Inc Fort Wayne, IN | General & Unrestricted | $50,000 |
| Iris Family Support Center Inc Fort Wayne, IN | General & Unrestricted | $50,000 |
| Turnstone Center for Children and Adults with Disa Fort Wayne, IN | General & Unrestricted | $50,000 |
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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 |
|---|---|---|---|---|---|---|---|---|
| 2024 | — | $120,457 | $304,234 | $300,000 | 6 | $303,607 | $125,157 | $5,152 |
| 2023 | $183,777 | $16,221 | $35,288 | $30,000 | 2 | $34,694 | $15,852 | $12,965 |
| 2022 | $202,844 | $9,371 | $10,163 | $5,000 | 1 | $9,683 | $9,008 | $13,935 |
| 2021 | $203,636 | $9,113 | $10,058 | $5,000 | 1 | $9,603 | $8,788 | $13,509 |
| 2020 | $204,581 | $1,533 | $30,229 | $25,000 | 3 | — | $8,982 | $11,026 |
| 2019 | $233,277 | $17,596 | $10,138 | $5,000 | 1 | — | $17,211 | $11,444 |
Under IRS private-foundation payout rules, Floyd and Betty Lou Lancia Family Foundation Inc reported a distributable amount of $5K for 2024 — the minimum it must pay out in qualifying distributions.
Leadership & Key People
Officers and directors from IRS filings
Floyd and Betty Lou Lancia Family Foundation Inc is led by Betty Lou Lancia, Co- President, Director & Secretary on every filing since 2019; none of the 5 officers listed in 2024 report compensation.
Officers on the 2024 filing
Betty Lou Lancia
Co- President, Director & Secretary
On filings since 2019
1 hr/week
No compensation reported
Floyd A Lancia
Director, Treasurer & Co- President
On filings since 2019
1 hr/week
No compensation reported
Christine M Habig
Director & Vice President
On filings since 2019
1 hr/week
No compensation reported
Dianne R Lancia
Director & Vice President
On filings since 2019
1 hr/week
No compensation reported
Matthew J Lancia
Director & Vice President
On filings since 2019
1 hr/week
No compensation reported
Data from IRS Form 990 filings, 2019–2024. "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 Floyd and Betty Lou Lancia Family Foundation Inc
How much does Floyd and Betty Lou Lancia Family Foundation Inc give each year?
Floyd and Betty Lou Lancia Family Foundation Inc gave $300K across 6 grants in 2024, according to its 2024 IRS Form 990-PF. In 2023 it gave $30K across 2 grants.
What is Floyd and Betty Lou Lancia Family Foundation Inc's typical grant size?
Floyd and Betty Lou Lancia Family Foundation Inc's median grant in 2024 was $50,000, and its average grant was $50,000, across 6 grants on its 2024 IRS Form 990-PF.
Where does Floyd and Betty Lou Lancia Family Foundation Inc give grants?
Floyd and Betty Lou Lancia Family Foundation Inc gives mostly in Indiana: 100% of the grant dollars itemized on its 2024 IRS Form 990-PF went to recipients there. The most frequent recipient cities were Fort Wayne, IN (6 grants).
Does Floyd and Betty Lou Lancia Family Foundation Inc give general operating support?
Yes: 100% of Floyd and Betty Lou Lancia Family Foundation Inc's 2024 grants with a stated purpose (6 of 6) were for general or operating support, per its 2024 IRS Form 990-PF.
Who are Floyd and Betty Lou Lancia Family Foundation Inc's largest grantees?
Floyd and Betty Lou Lancia Family Foundation Inc's largest 2024 grantees include Allen Co Ft Wayne Historical Society Inc ($50,000), Arts United of Greater Fort Wayne ($50,000) and Cancer Services of Allen County Inc ($50,000), according to its 2024 IRS Form 990-PF. Together they received 50% of its itemized 2024 grant dollars.
How much is Floyd and Betty Lou Lancia Family Foundation Inc required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, Floyd and Betty Lou Lancia Family Foundation Inc reported a distributable amount of $5K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is Floyd and Betty Lou Lancia Family Foundation Inc's EIN?
Floyd and Betty Lou Lancia Family Foundation Inc's EIN (Employer Identification Number) is 47-2049692. IRS Form 990 filing data is available on this page for 2019–2024.
Data last updated September 2026. Sourced from IRS Form 990-PF filings.
Data update history
(7)
When this profile's IRS filing data changed on Grantable
- Updated Form 990-PF for fiscal year 2019 (received by the IRS April 17, 2020)
- Updated Form 990-PF for fiscal year 2020 (received by the IRS September 28, 2021)
- Updated Form 990-PF for fiscal year 2021 (received by the IRS April 12, 2022)
- Updated Form 990-PF for fiscal year 2022 (received by the IRS April 18, 2023)
- Updated Form 990-PF for fiscal year 2023 (received by the IRS April 25, 2024)
- Updated Form 990-PF for fiscal year 2024 (received by the IRS October 2, 2025)
- IRS filings on file for fiscal years 2019–2024
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Figures come from Floyd and Betty Lou Lancia Family Foundation Inc'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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