Lacewing Foundation

WILMINGTON, DE EIN: 20-1891949

Lacewing Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in WILMINGTON, DE. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $209K in total assets. In 2024, it awarded 11 grants totaling $191K. Net investment income was $53K.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$209K

-37.9% YoY

Annual Giving

$191K

+66.1% YoY

Grant Count

11

+10.0% YoY

Avg Grant Size

$17K

+51.0% YoY

Under IRS private-foundation payout rules, Lacewing Foundation reported a distributable amount of $15K for 2024 — the minimum it must pay out in qualifying distributions.

About Lacewing Foundation

Based on IRS filings

Lacewing Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in WILMINGTON, DE. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $209K in total assets. In 2024, it awarded 11 grants totaling $191K. Net investment income was $53K.

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

14states
+6 more states

Cities

BethelBooneBostonCora GablesCoral CablesFort CollinsHealdsburgKentLaguna BeachLaredoLos AngelesMiamiMinneapolisNew YorkNewtonvillePortlandPortsmouthSacramentoSan JoseSeattle

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$53K$106K$159K$212K20202021202220232024
Metric202420232022
Total Assets$209,248$336,961$367,431
Revenue$65,165$87,857$46,071
Expenses$192,878$118,327$126,050
Qualifying Distributions$191,000$115,000$123,351
Net Investment Income$53,150$20,882$11,732
Distributable Amount$15,213$18,390$21,359

Giving Over Time

Total grant dollars and number of grants per year

$0$48K$96K$143K$191K10 grants202010 grants202111 grants202210 grants202311 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 10 recipients in 2024

SEEDS FOR PROGRESS$30KNURTURING MINDS INC$21KAMERICAN RED CROSS$20KASSISTANCE LEAGUE LAGUNA…$20KMINDLEAPS$20KTHE LEGACY FOUNDATION$20KDEVELOPING RADIO PARTNERS$15KRAIN FOR THE SALEL AND S…$15KAMIGOS HOSPITALITO ATITLAN$10KEILEEN & CALLIE'S PLACE$10K

Grant Size Distribution

52 grants across all recorded years

52<$50K$50–100K$100–250K$250–500K$500K–1M$1–5M$5M+

Giving History

Grant recipients and amounts by year

Among its reported 2024 grants, the largest include Seeds for Progress ($30,000), Nurturing Minds Inc ($21,000), American Red Cross ($20,000).

RecipientPurposeAmount
AMERICAN RED CROSS BOONE, IAHURRICANE HELENE AND MILTON RELIEF FUND$20,000
AMIGOS HOSPITALITO ATITLAN MINNEAPOLIS, MNMAYA SCHOOL FOR AUXILIARY NURSES$10,000
ASSISTANCE LEAGUE LAGUNA BEACH LAGUNA BEACH, CAASSISTANCE$20,000
DEVELOPING RADIO PARTNERS WASHINGTON, DCASSISTANCE$15,000
EILEEN & CALLIE'S PLACE KENT, WAASSISTANCE$10,000
LAUNCH GURLS CORPORATION SOMERVILLE, MAASSISTANCE$10,000
MINDLEAPS NEW YORK, NYCHILD EDUCATION/ASSISTANCE$20,000
NURTURING MINDS INC NEWTONVILLE, MAASSISTANCE$21,000
RAIN FOR THE SALEL AND SAHARA INC PORTSMOUTH, NHASSISTANCE$15,000
SEEDS FOR PROGRESS CORAL CABLES, FLASSISTANCE$30,000

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

From 2024 filing

NameTitleHoursCompensation
MARY J WILLIAMSDIR, PRES1
DEIDRA WAGERDIR, TREAS1
WANDA HERNDONDIR, SEC1
ANGELA MCMANUSDIR1
LYNN BEHARDIR1

Subject Areas

Focus areas based on grantmaking activity

Frequently Asked Questions

What is Lacewing Foundation?

Lacewing Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in WILMINGTON, DE. It holds $209K in total assets as of 2024.

How large is Lacewing Foundation?

As of 2024, Lacewing Foundation holds $209K in total assets with $65K in annual revenue. It awarded 11 grants totaling $191K in 2024.

Where does Lacewing Foundation operate?

Lacewing Foundation has awarded grants in California, Colorado, District of Columbia, Florida, Hawaii, Iowa, Massachusetts, Minnesota, New Hampshire, New York, Oregon, Texas, Vermont, Washington.

What size grants does Lacewing Foundation award?

In 2024, Lacewing Foundation awarded 11 grants totaling $191K — an average of about $17K per grant, based on its IRS Form 990 filings.

How much is Lacewing Foundation required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2024, Lacewing Foundation reported a distributable amount of $15K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.

What is Lacewing Foundation's EIN?

Lacewing Foundation's EIN (Employer Identification Number) is 20-1891949. IRS Form 990 filing data is available on this page for 2020–2024.

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Related Funders

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

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