Lacy Foundation Inc is a private foundation focused on Arts and culture, based in ATLANTA, GA. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $376K in total assets. In 2024, it awarded 20 grants totaling $74K. Net investment income was $45K.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$376K
-7.7% YoY
Annual Giving
$74K
+8.8% YoY
Grant Count
20
-4.8% YoY
Avg Grant Size
$4K
+14.3% YoY
Under IRS private-foundation payout rules, Lacy Foundation Inc reported a distributable amount of $73K for 2024 — the minimum it must pay out in qualifying distributions.
About Lacy Foundation Inc
Based on IRS filings
Lacy Foundation Inc is a private foundation focused on Arts and culture, based in ATLANTA, GA. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $376K in total assets. In 2024, it awarded 20 grants totaling $74K. Net investment income was $45K.
Focus Areas
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $376,189 | $407,681 | $433,158 |
| Revenue | $47,464 | $42,738 | $46,307 |
| Expenses | $78,956 | $68,215 | $85,744 |
| Qualifying Distributions | $76,026 | $68,040 | $76,251 |
| Net Investment Income | $45,357 | $42,563 | $33,733 |
| Distributable Amount | $73,401 | $74,787 | $75,291 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 10 recipients in 2024
Grant Size Distribution
113 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include Pike County Board of Commissioners ($7,500), Alzheimer's Assoc - GA Chapter ($5,000), Boys and Girls Clubs of Metro Atlanta ($5,000).
| Recipient | Purpose | Amount |
|---|---|---|
| Alzheimer's Assoc - GA Chapter Washington, DC | -Athens Memory Walk | $5,000 |
| Boys and Girls Clubs of Metro Atlanta Atlanta, GA | To ignite the unlimmited potential of kids and teens by creating safe, inclusive, and engaging environments | $5,000 |
| Crime Victims Advocacy Council Atlanta, GA | Dedicated to preventing crime and assisting crime victims and their families in Georgia. | $3,000 |
| Highlands Community Child Development Center Highlands, NC | To help childhood development | $1,000 |
| Literacy Council Highlands Inc Highlands, NC | To help to enrich lives and expand the knowledge of children, adults, and families through diverse educational programs that advance literacy. | $3,000 |
| Lovett School The Atlanta, GA | Financial Aid Fund | $3,000 |
| MUST Ministries Marietta, GA | Serve neighbors in need and transform lives in response to Christ's call. | $5,000 |
| Northside Athletes FDN Atlanta, GA | Benefit Atlanta area youth athletic programs | $2,000 |
| Pike County Board of Commissioners Zebulon, GA | Soccer field renovation | $7,500 |
| Releash Atlanta Inc Atlanta, GA | To save dogs from kill shelters throughout Georgia. | $1,000 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| Douglas F Lacy | Chairman & COO | 1 | — |
| Carol Lacy | Secretary | 1 | — |
| Katherine Robinson | Trustee | 1 | — |
| Benjamin A Lacy | Trustee | 1 | — |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is Lacy Foundation Inc?
Lacy Foundation Inc is a private foundation focused on Arts and culture, based in ATLANTA, GA. It holds $376K in total assets as of 2024.
How large is Lacy Foundation Inc?
As of 2024, Lacy Foundation Inc holds $376K in total assets with $47K in annual revenue. It awarded 20 grants totaling $74K in 2024.
Where does Lacy Foundation Inc operate?
Lacy Foundation Inc has awarded grants in Colorado, District of Columbia, Georgia, Illinois, North Carolina, Tennessee, Wyoming.
What size grants does Lacy Foundation Inc award?
In 2024, Lacy Foundation Inc awarded 20 grants totaling $74K — an average of about $4K per grant, based on its IRS Form 990 filings.
How much is Lacy Foundation Inc required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, Lacy Foundation Inc reported a distributable amount of $73K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is Lacy Foundation Inc's EIN?
Lacy Foundation Inc's EIN (Employer Identification Number) is 58-6034851. IRS Form 990 filing data is available on this page for 2020–2024.
Explore Open Grants
Browse active grant opportunities in Lacy Foundation Inc's focus areas in our free grants database
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.
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