Lacy Foundation
Lacy Foundation is a private foundation, based in MARTINSVILLE, VA. IRS filing data is available from 2020 through 2025. As of 2025, the organization holds $2.0M in total assets. In 2025, it awarded 9 grants totaling $153K. Net investment income was $153K.
Financial Overview
From 2025 IRS Form 990-PF · View filing
Total Assets
$2.0M
-0.1% YoY
Annual Giving
$153K
+5.8% YoY
Grant Count
9
+12.5% YoY
Avg Grant Size
$17K
-6.0% YoY
About Lacy Foundation
Based on IRS filings
Lacy Foundation is a private foundation, based in MARTINSVILLE, VA. IRS filing data is available from 2020 through 2025. As of 2025, the organization holds $2.0M in total assets. In 2025, it awarded 9 grants totaling $153K. Net investment income was $153K.
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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 | 2025 | 2024 | 2023 |
|---|---|---|---|
| Total Assets | $2,042,393 | $2,044,962 | $2,114,649 |
| Revenue | $176,454 | $97,999 | $27,967 |
| Expenses | $179,023 | $167,686 | $150,463 |
| Qualifying Distributions | $153,100 | $144,750 | $121,000 |
| Net Investment Income | $153,488 | $80,408 | $36,265 |
| Distributable Amount | $117,424 | $113,308 | $106,645 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 9 recipients in 2025
Grant Size Distribution
46 grants across all recorded years
Giving History
Grant recipients and amounts by year
No grants recorded for .
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2025 IRS filing
From 2025 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| FRANK LACY JR | PRESIDENT | 0.2 | — |
| RICHARD W CRITZ | SECRETARY | 0.2 | — |
| EDWARD S LACY | DIRECTOR | 0.05 | — |
| BRENT M LACY | DIRECTOR | 0.05 | — |
| FRANK M JAMES III | DIRECTOR | 0.2 | — |
| LACY JAMES | DIRECTOR | 0.05 | — |
| KIERRA JAMES | TREASURER | 0.05 | — |
| PATRICK CRITZ | DIRECTOR | 0.05 | — |
| MADELINE JAMES | DIRECTOR | 0.05 | — |
| TYLER CRITZ | DIRECTOR | 0.05 | — |
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.
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