La-z-boy Foundation logo

La-z-boy Foundation

MONROE, MI EIN: 38-6087673 Website

The La-Z-Boy Foundation is a corporate foundation established in 1955 by La-Z-Boy Incorporated, the furniture and home furnishings manufacturer headquartered in Monroe, Michigan. The foundation supports nonprofit organizations in communities where La-Z-Boy operates manufacturing facilities and maintains a corporate presence.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

Annual Giving

$1.5M

+6.2% YoY

Grant Count

120

+18.8% YoY

Avg Grant Size

$12K

-10.6% YoY

Research compiled by Grantable AI from public sources. Last updated April 2026.

Mission & Focus Areas

The foundation supports organizations involved with:

  • Education
  • Health
  • Human Services
  • Government and Public Administration

Support is provided primarily in areas of company operations.

Grantmaking

The foundation does not appear to have a dedicated website or public online application portal. Requests can be submitted through a corporate giving form available on the La-Z-Boy website.

Grant Range

s:**

Average Grant

approximately $22,000 - $35,000 per grant

How to Apply

**

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Geographic Focus

Where this funder awards grants

Primary areas of company operations:

  • Monroe, Michigan
  • Dayton, Tennessee
  • Neosho, Missouri
  • Siloam Springs, Arkansas

Recent grants have also been made to organizations in Tennessee and Arkansas.

Grant Distribution by State

11states
+3 more states

Cities

ANDERSONARLINGTONBATTLE CREEKBAY SPRINGSBOONECARLETONCHATTANOOGACROSSVILLECUMBERLAND GAPDAYTONDECATURDETROITDUNDEEELIZABETHTONEVENSVILLEFORT PAYNEGENTRYGRANBYGRAYSVILLEGREENSBORO

Financial History

Multi-year comparison from IRS filings

Assets & Giving (as of 2024):

  • Total assets: $26,398,882
  • Total revenues: $2,137,415
  • Total expenses: $1,564,705
  • Investment income and dividends: $725,068
  • Net gain from sale of non-inventory assets: $1,412,347

EIN: 38-6087673

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$0.275$0.55$0.8250000000000001$1.120202021202220232024
Metric202420232022
Total Assets
Revenue
Expenses
Qualifying Distributions
Net Investment Income
Distributable Amount

Giving Over Time

Total grant dollars and number of grants per year

$0$425K$849K$1M$2M101 grants202087 grants202189 grants2022101 grants2023120 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 10 recipients in 2024

APPALACIAN STATE UNIVERS…$67KCITY OF MONROE POLICE DE…$38KAMERICAN HEART ASSOCIATION$30KAMERICAN RED CROSS$25KCHILDREN'S ADVOCACY CENT…$25KCOMMUNITY FOUND OF MONRO…$21KFAM COUNSELING & SHELTER…$15KEAST NEWTON CHARITABLE F…$13KABILITY TREE$10KBOYS AND GIRSL CLUB CLAI…$10K

Grant Size Distribution

250 grants across all recorded years

236<$50K12$50–100K1$100–250K1$250–500K$500K–1M$1–5M$5M+

Giving History

Grant recipients and amounts by year

No grants recorded for .

Leadership & Key People

Leadership team and compensation from IRS filings

  • Susan J. Vanisacker - Director of Community Relations & The La-Z-Boy Foundation
  • Christopher Knabusch - Trustee
  • Beth A. Lambrix - Trustee

Compensation Overview

From 2024 IRS filing

From 2024 filing

NameTitleHoursCompensation
SUSAN J VANISACKERADMIN/TREASU
CHRISTOPHER KNABUSCHPRESIDENT
BETH A LAMBRIXSECRETARY
MELINDA D WHITTINGTONDIRECTOR
LINDSAY A BARNESDIRECTOR
RAPHAEL Z RICHMONDDIRECTOR

Recent News & Activity

Recent developments and announcements

La-Z-Boy Foundation awarded a grant to Dogwood Literacy Council

La-Z-Boy awards grant to Dogwood Literacy Council | The Herald Leader

La-Z-Boy Foundation donated $350,000 for the new home of the American Home Furnishings Hall of Fame

La-Z-Boy Foundation Donates $350,000 for The New Home of The American Home

Appalachian State University received a gift from La-Z-Boy Foundation to establish an endowed professorship in applied design

La-Z-Boy Foundation Donates $350,000 for The New Home of The American Home

Recent grant recipients include United Way of Monroelenawee Counties ($95,000), Rhea County United Way ($55,000), and The Monroe Family YMCA ($50,000)

Related Funders

Similar funders by location and focus area

Data last updated April 2026. Sourced from IRS Form 990-PF filings. Research dossier generated April 2026.

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