La-Z-Boy Foundation
The La-Z-Boy Foundation is a private foundation based in Monroe, Michigan. Its 2024 filing reports $1,478,000 in grants to 120 recipients, including organizations supporting education, public benefit, and human services.
La-Z-Boy Foundation at a glance
In short: La-Z-Boy Foundation gave $1.5M across 120 grants in 2024 (avg $12K), top state Michigan. 24% of 2024 grantees were new. Source: 2024 IRS Form 990-PF.
- Annual giving (2024)
- $1,478,000
- +6.2% vs 2023
- Grants made (2024)
- 120
- +18.8% vs 2023
- Average grant
- $12,317
- -10.6% vs 2023
- Median grant
- $5,000
- Total assets
- $26,398,882
- +2.2% vs 2023
- New grantees (estimate)
- 24% first-time grantees (29 of 119, 2024)
- Primary geography
- Michigan (40% of itemized 2024 grant dollars)
- Latest 990 filing
- Form 990-PF, 2024 View filing
Data from IRS Form 990-PF, 2024; updated October 2026. New grantees are estimated by matching recipient names across years (methodology).
How to apply to La-Z-Boy Foundation
- Accepts unsolicited proposals
- Yes
- How to Apply
-
The Foundation accepts unsolicited requests from qualified tax-exempt organizations. La-Z-Boy's website says requests are submitted through an online application portal and are accepted year-round. The Foundation may request additional information after personal interviews initiated by the Foundation. It generally does not make direct grants to individuals, grants for travel or conferences, loans, or startup or seed funding.
- Review Cycle
- None noted. Requests are generally reviewed quarterly in March, June, September, and December.
- Deadline
- None noted.
- Contact
Application contact: La-Z-Boy Foundation
Mailing address: One La-Z-Boy Drive, Monroe, MI 48162
Phone: (734) 242-1444
Website: https://la-z-boy.com
Application details from Grantable's research on the foundation's public materials; confirm on its website before applying.
Who La-Z-Boy Foundation funds
How this funder distributes its grants
Top Recipients
Top 10 recipients in 2024
The largest 2024 recipient was River Raisin NBP Foundation ($140K). Together the top 10 received $733K.
Grant Size Distribution
498 grants across all recorded years
The most common grant size was under $50K: 449 grants of 498 (90%).
Geographic Focus
Where this funder awards grants
The Foundation’s stated guidelines normally limit grant consideration to U.S. communities where La-Z-Boy Incorporated manufacturing facilities are located and communities within a 30-mile radius of corporate headquarters. In 2024, 40% of grant dollars went to Michigan, 18% to Tennessee, 17% to Missouri, 9% to Arkansas, and 6% to North Carolina.
Grant Distribution by State
Share of 2024 grant dollars across all 120 itemized grants.
Cities
Is La-Z-Boy Foundation open to new grantees?
24%
first-time grantees, 2024
In 2024, 29 of 119 grantees (24%) were first-time recipients. First grants averaged $9K; repeat grants $14K. How we count
Medians: $3K first-time, $5K repeat.
- 71% of 2024 grantees were also funded in 2023. Method
- Giving held roughly steady from 2021 to 2024 (−13%). Method
- In 2024 it paid out 110% of its IRS minimum distribution (the 5% rule). Method
Estimate from itemized grant lists in IRS Form 990-PF filings (2020–2024). Recipient names are matched across years, so a renamed or misspelled grantee can look new; grants to individuals are left out. Methodology.
Giving History
Giving Over Time
Total grant dollars and number of grants per year
From 2020 to 2024, annual grant giving ranged from $1.4M (2020) to $1.7M (2021). In 2024 it made 120 grants totaling $1.5M.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| River Raisin NBP Foundation Monroe, MI | Education-Libraries | $140,000 |
| Neosho R-5 Schools Charitable Fdn Neosho, MO | Education-Libraries | $100,000 |
| United Way of Monroelenawee CO Monroe, MI | Public Benefit | $95,000 |
| Monroe Co OPP Prog Monroe, MI | Human Services | $76,000 |
| Appalacian State University Boone, NC | Education-Libraries | $66,600 |
| Rhea County United Way Dayton, TN | Public Benefit | $55,000 |
| Isaiah 117 House Elizabethton, TN | Human Services | $50,000 |
| Monroe Family YMCA Monroe, MI | Human Services | $50,000 |
| Promedica Foundation Toledo, OH | Human Services | $50,000 |
| Siloam Springs Public Schools Siloam Springs, AR | Education-Libraries | $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 | $26,398,882 | $2,137,415 | $1,564,705 | $1,478,000 | 120 | $1,478,000 | $2,081,089 | $1,338,594 |
| 2023 | $25,826,172 | $1,772,767 | $1,489,951 | $1,391,950 | 101 | $1,391,950 | $1,581,441 | $1,345,840 |
| 2022 | $25,512,871 | $1,760,771 | $1,571,211 | $1,449,325 | 89 | $1,449,325 | $1,680,090 | $1,295,628 |
| 2021 | $25,323,311 | $3,585,559 | $1,864,566 | $1,698,177 | 87 | $1,698,177 | $3,464,566 | $1,467,348 |
| 2020 | $23,602,318 | $3,128,391 | $1,495,117 | $1,360,222 | 101 | — | $3,052,545 | $1,223,702 |
Under IRS private-foundation payout rules, La-Z-Boy Foundation reported a distributable amount of $1.3M for 2024 — the minimum it must pay out in qualifying distributions.
Research compiled by Grantable AI from public sources. Last updated October 2026.
Mission & Focus Areas
La-Z-Boy’s stated mission is to enhance quality of life in the communities where it lives and serves through leadership, financial contributions, and volunteer efforts. The 2024 grants included purposes classified as education-libraries, public benefit, and human services.
The recipients include organizations with varied missions. Isaiah 117 House says it provides physical and emotional support in a safe and loving home for children awaiting foster care placement. ProMedica Foundation says it directs resources to enrich programs and fund services that support health care and quality of life. The Manna Center says it provides emergency food, clothing, and referral services to people in crisis and need. Seneca R-7 Schools Foundation says it raises funds to provide scholarships to high school seniors.
Grantmaking
In 2024, the Foundation reported 120 grants totaling $1,478,000. Awards ranged from $1,000 to $140,000, with a median grant of $5,000.
Among the largest 2024 grants were $140,000 to River Raisin NBP Foundation for education-libraries; $100,000 to Neosho R-5 Schools Charitable Foundation for education-libraries; $95,000 to United Way of Monroe Lenawee County for public benefit; $76,000 to Monroe County Opportunity Program for human services; and $66,600 to Appalachian State University for education-libraries. Other large awards included $55,000 to Rhea County United Way, $50,000 each to Isaiah 117 House, Monroe Family YMCA, ProMedica Foundation, Siloam Springs Public Schools, and Tri State Family YMCA, and $38,000 to the City of Monroe Police Department.
Leadership & Key People
Leadership team and compensation from IRS filings
The 2024 filing lists Susan J. Vanisacker as administrative officer and treasurer; Christopher Knabusch as president; Beth A. Lambrix as secretary; and Melinda D. Whittington, Lindsay A. Barnes, and Raphael Z. Richmond as directors.
La-Z-Boy Foundation is led by Christopher Knabusch, President on every filing since 2020; none of the 6 officers listed in 2024 report compensation.
Officers on the 2024 filing
Christopher Knabusch
President
On filings since 2020
No compensation reported
Lindsay A. Barnes
Director
On filings since 2021
No compensation reported
Melinda D. Whittington
Director
On filings since 2021
No compensation reported
Raphael Z. Richmond
Director
On filings since 2021
No compensation reported
Beth A. Lambrix
Secretary
On filings since 2020
No compensation reported
Susan J. Vanisacker
Administrator & Treasurer
On filings since 2020
No compensation reported
Former officers (3)
- Former: Greg A. Brinks (2020) — Director
- Former: Kurt L. Darrow (2020) — Director
- Former: R. Rand Tucker (2020) — Director
Data from IRS Form 990 filings, 2020–2024. "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 La-Z-Boy Foundation
How much does La-Z-Boy Foundation give each year?
La-Z-Boy Foundation gave $1.5M across 120 grants in 2024, according to its 2024 IRS Form 990-PF. In 2023 it gave $1.4M across 101 grants.
What is La-Z-Boy Foundation's typical grant size?
La-Z-Boy Foundation's median grant in 2024 was $5,000, and its average grant was $12,317, across 120 grants on its 2024 IRS Form 990-PF. Organizations receiving their first grant from La-Z-Boy Foundation that year got $9K on average.
Where does La-Z-Boy Foundation give grants?
La-Z-Boy Foundation's top state is Michigan, with 40% of the grant dollars itemized on its 2024 IRS Form 990-PF. The next largest states were Tennessee (18%) and Missouri (17%). The most frequent recipient cities were Dayton, TN (18 grants), Monroe, MI (17 grants), Siloam Springs, AR (10 grants) and Neosho, MO (8 grants).
Does La-Z-Boy Foundation give general operating support?
Not in 2024: none of the 120 grants with a stated purpose on La-Z-Boy Foundation's 2024 IRS Form 990-PF were described as general or operating support. Recurring purposes include "Education-Libraries" (39 grants), "Human Services" (36 grants) and "Public Benefit" (32 grants).
Who are La-Z-Boy Foundation's largest grantees?
La-Z-Boy Foundation's largest 2024 grantees include River Raisin NBP Foundation ($140,000), Neosho R-5 Schools Charitable Fdn ($100,000) and United Way of Monroelenawee CO ($95,000), according to its 2024 IRS Form 990-PF. Together they received 23% of its itemized 2024 grant dollars.
How large is La-Z-Boy Foundation?
La-Z-Boy Foundation reported $26.4M in total assets on its 2024 IRS Form 990-PF. It paid out $1.5M in qualifying distributions that year, against a required minimum of $1.3M (roughly 5% of its investment assets).
What does La-Z-Boy Foundation fund?
La-Z-Boy’s stated mission is to enhance quality of life in the communities where it lives and serves through leadership, financial contributions, and volunteer efforts. The 2024 grants included purposes classified as education-libraries, public benefit, and human services. See mission & focus areas ↑
How do I apply for a grant from La-Z-Boy Foundation?
The Foundation accepts unsolicited requests from qualified tax-exempt organizations. Eligibility and process details are in the grantmaking section of this profile. See how to apply ↑
What is La-Z-Boy Foundation's EIN?
La-Z-Boy Foundation's EIN (Employer Identification Number) is 38-6087673. IRS Form 990 filing data is available on this page for 2020–2024.
Does La-Z-Boy Foundation accept unsolicited proposals?
Yes, according to Grantable's research on the foundation's published guidelines. See how to apply ↑
Data last updated October 2026. Sourced from IRS Form 990-PF filings. Research dossier generated October 2026.
Data update history
(6)
When this profile's IRS filing data changed on Grantable
- Updated Form 990-PF for fiscal year 2020 (received by the IRS November 11, 2021)
- Updated Form 990-PF for fiscal year 2021 (received by the IRS August 1, 2022)
- Updated Form 990-PF for fiscal year 2022 (received by the IRS May 10, 2023)
- Updated Form 990-PF for fiscal year 2023 (received by the IRS August 28, 2024)
- Updated Form 990-PF for fiscal year 2024 (received by the IRS June 11, 2025)
- IRS filings on file for fiscal years 2020–2024
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Cite this profile
Grantable. (2026). La-Z-Boy Foundation funder profile. GrantGraph. Retrieved October 13, 2026, from https://grantable.co/funders/la-z-boy-foundation-morg_9958f5cb6cbf478db75b1579938968c0
BibTeX
@misc{grantable_386087673_2026,
author = {{Grantable}},
title = {{La-Z-Boy Foundation funder profile}},
howpublished = {GrantGraph},
year = {2026},
url = {https://grantable.co/funders/la-z-boy-foundation-morg_9958f5cb6cbf478db75b1579938968c0},
note = {Accessed 2026-10-13. Data licensed CC BY 4.0}
}The figures on this page are open data under CC BY 4.0: reuse them with credit to Grantable and a link. Download the data.
Figures come from La-Z-Boy 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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