Floyd and Betty Lou Lancia Family Foundation Inc

Private foundation · Grantmaker Wilmington, DE EIN: 47-2049692

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.

Key facts about Floyd and Betty Lou Lancia Family Foundation Inc

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.

EIN
47-2049692
Latest 990 filing
Form 990-PF, 2024
Annual giving (2024)
$300,000
Grants made (2024)
6
Average grant
$50,000
Median grant
$50,000
Primary geography
Indiana (100% of itemized 2024 grant dollars)

Data from IRS Form 990-PF, 2024; updated September 2026.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

—

Annual Giving

$300K

+900.0% YoY

Grant Count

6

+200.0% YoY

Avg Grant Size

$50K

+233.3% YoY

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.

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.

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

1state

Share of 2024 grant dollars across all 6 itemized grants.

States

Cities

Fort Wayne

Giving Over Time

Total grant dollars and number of grants per year

$0$100K$200K$300K1 grant2019 3 grants2020 1 grant2021 1 grant2022 2 grants2023 6 grants2024

From 2019 to 2024, annual grant giving ranged from $5K (2019) to $300K (2024). In 2024 it made 6 grants totaling $300K.

Grant Insights

How this funder distributes its grants

Top Recipients

Top 6 recipients in 2024

Allen Co Ft Wayne Historical Society Inc: $50KAllen Co Ft Wayne HistoricalSociety Inc$50KArts United of Greater Fort Wayne: $50KArts United of Greater FortWayne$50KCancer Services of Allen County Inc: $50KCancer Services of AllenCounty Inc$50KFort Wayne Museum of Art Inc: $50KFort Wayne Museum of Art Inc$50KIris Family Support Center Inc: $50KIris Family Support Center Inc$50KTurnstone Center for Children and Adults with Disa: $50KTurnstone Center for Childrenand Adults with Disa$50K

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

7<$50K6$50–100K$100–250K$250–500K$500K–1M$1–5M$5M+

The most common grant size was under $50K: 7 grants of 13 (54%).

Giving History

Grant recipients and amounts by year

RecipientPurposeAmount
Allen Co Ft Wayne Historical Society Inc Fort Wayne, INGeneral & Unrestricted$50,000
Arts United of Greater Fort Wayne Fort Wayne, INGeneral & Unrestricted$50,000
Cancer Services of Allen County Inc Fort Wayne, INGeneral & Unrestricted$50,000
Fort Wayne Museum of Art Inc Fort Wayne, INGeneral & Unrestricted$50,000
Iris Family Support Center Inc Fort Wayne, INGeneral & Unrestricted$50,000
Turnstone Center for Children and Adults with Disa Fort Wayne, INGeneral & Unrestricted$50,000

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$100K$200K$300K$400K2019 2020 2021 2022 2023 2024
Metric202420232022
Total Assets—$183,777$202,844
Revenue$120,457$16,221$9,371
Expenses$304,234$35,288$10,163
Qualifying Distributions$303,607$34,694$9,683
Net Investment Income$125,157$15,852$9,008
Distributable Amount$5,152$12,965$13,935

Data update history

When this profile's IRS filing data changed on Grantable

  1. Updated Form 990-PF for fiscal year 2019 (received by the IRS April 17, 2020)
  2. Updated Form 990-PF for fiscal year 2020 (received by the IRS September 28, 2021)
  3. Updated Form 990-PF for fiscal year 2021 (received by the IRS April 12, 2022)
  4. Updated Form 990-PF for fiscal year 2022 (received by the IRS April 18, 2023)
  5. Updated Form 990-PF for fiscal year 2023 (received by the IRS April 25, 2024)
  6. Updated Form 990-PF for fiscal year 2024 (received by the IRS October 2, 2025)
  7. IRS filings on file for fiscal years 2019–2024

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.

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