Lafayette River Foundation

NORFOLK, VA EIN: 02-0729969

Lafayette River Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in NORFOLK, VA. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $14.5M in total assets. In 2024, it awarded 4 grants totaling $1.4M. Net investment income was $1.5M.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$14.5M

+0.8% YoY

Annual Giving

$1.4M

+46.1% YoY

Grant Count

4

-33.3% YoY

Avg Grant Size

$350K

+119.1% YoY

About Lafayette River Foundation

Based on IRS filings

Lafayette River Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in NORFOLK, VA. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $14.5M in total assets. In 2024, it awarded 4 grants totaling $1.4M. Net investment income was $1.5M.

Ready to take the next step with Lafayette River Foundation?

Geographic Focus

Where this funder awards grants

Grant Distribution by State

2states

Cities

New YorkNorfolkVirginia Beach

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$454K$908K$1M$2M20202021202220232024
Metric202420232022
Total Assets$14,527,779$14,416,764$14,624,191
Revenue$1,651,358$857,783$358,438
Expenses$1,540,343$1,085,439$1,117,780
Qualifying Distributions$1,425,100$983,600$1,022,150
Net Investment Income$1,464,433$688,989$501,457
Distributable Amount$914,652$838,349$894,675

Giving Over Time

Total grant dollars and number of grants per year

$0$350K$700K$1M$1M5 grants20207 grants20216 grants20226 grants20234 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 4 recipients in 2024

VIRGINIA ARTS FESTIVAL$975KVIRGINIA OPERA$225KVIRGINIA MUSEUM OF CONTE…$150KWHRO PUBLIC MEDIA$50K

Grant Size Distribution

28 grants across all recorded years

10<$50K2$50–100K10$100–250K3$250–500K3$500K–1M$1–5M$5M+

Giving History

Grant recipients and amounts by year

No grants recorded for .

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

E G GRANDYTRUSTEE$30K

From 2024 filing

NameTitleHoursCompensation
E G GRANDYTRUSTEE$30,000
L W WEBBIIITRUSTEE

Subject Areas

Focus areas based on grantmaking activity

Related Funders

Similar funders by location and focus area

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

What could you do with Lafayette River Foundation on Grantable?

  • Assess strategic fit with your organization
  • Draft a tailored letter of inquiry
  • Find open RFPs from this funder
  • Monitor for new funding opportunities