Lagos Family Foundation

Private foundation · Grantmaker Richmond, VA EIN: 54-2015119

Lagos Family Foundation is a private foundation, based in Richmond, VA. IRS filing data is available from 2019 through 2025. In 2025, it awarded 9 grants totaling $27K. Net investment income was $5K.

Lagos Family Foundation at a glance

In short: Lagos Family Foundation gave $27K across 9 grants in 2025 (avg $3K), mostly in Virginia. Source: 2025 IRS Form 990-PF.

Annual giving (2025)
$26,742
+434.8% vs 2024
Grants made (2025)
9
+50.0% vs 2024
Average grant
$2,971
+256.6% vs 2024
Median grant
$1,741
Primary geography
Virginia (79% of itemized 2025 grant dollars)
Latest 990 filing
Form 990-PF, 2025 View filing

Data from IRS Form 990-PF, 2025; updated September 2026.

Who Lagos Family Foundation funds

How this funder distributes its grants

Top Recipients

Top 9 recipients in 2025

Veritas School: $12KVeritas School$12KChildren's Hospital Foundation: $5KChildren's Hospital Foundation$5KFull Circle Grief Center: $2KFull Circle Grief Center$2KGoochland Cares Free Clinic: $2KGoochland Cares Free Clinic$2KCorolla Chapel: $2KCorolla Chapel$2KTurning Point USA: $1KTurning Point USA$1KMake-a-Wish Foundation: $1KMake-a-Wish Foundation$1KSt Jude Children's Hospital: $1KSt Jude Children's Hospital$1KTunnels to Towers Foundation: $1KTunnels to Towers Foundation$1K

The largest 2025 recipient was Veritas School ($12K). Together the top 9 received $27K.

Grant Size Distribution

34 grants across all recorded years

34<$50K$50–100K$100–250K$250–500K$500K–1M$1–5M$5M+

The most common grant size was under $50K: 34 grants of 34 (100%).

Geographic Focus

Where this funder awards grants

Grant Distribution by State

5states

Share of 2025 grant dollars across all 9 itemized grants.

Cities

RichmondPhoenixGoochlandMemphisCorollaHigh PointStaten Island

How Lagos Family Foundation gives

  • Giving grew 234% from 2022 to 2025. Method
  • In 2025 it paid out well above its IRS minimum distribution (the 5% rule). Method

From the foundation's IRS Form 990-PF filings. Methodology.

Giving History

Giving Over Time

Total grant dollars and number of grants per year

$0$20K$40K$60K9 grants2019 9 grants2020 7 grants2021 5 grants2022 7 grants2023 6 grants2024 9 grants2025

From 2019 to 2025, annual grant giving ranged from $5K (2024) to $50K (2021). In 2025 it made 9 grants totaling $27K.

Grants by year

Grant recipients and amounts by year

RecipientPurposeAmount
Veritas School Richmond, VAGeneral Operating$12,000
Children's Hospital Foundation Richmond, VAGeneral Operating$5,000
Full Circle Grief Center Richmond, VAGeneral Operating$2,000
Goochland Cares Free Clinic Goochland, VAGeneral Operating$2,000
Corolla Chapel Corolla, NCGeneral Operating$1,741
Turning Point USA Phoenix, AZGeneral Operating$1,001
Make-a-Wish Foundation Phoenix, AZGeneral Operating$1,000
St Jude Children's Hospital Memphis, TNGeneral Operating$1,000
Tunnels to Towers Foundation Staten Island, NYGeneral Operating$1,000
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Financial History

Multi-year comparison from IRS filings

Figures from IRS filings, by filing year
Filing yearTotal AssetsRevenueExpensesGrants paidGrantsQualifying DistributionsNet Investment IncomeDistributable Amount
2025—$5,634$30,235$26,7429$30,085$4,631$1,209
2024$24,601$2,648$6,453$5,0006$6,291$1,336$1,532
2023$28,406$21,003$11,818$10,5007$11,680$825$1,383
2022$19,221$1,048$9,088$8,0005$8,938$688$1,404
2021$27,261$24,153$50,510$49,5007$50,360$1,129$3,547
2020$54,083$8,717$18,229$16,7509—$2,026$3,861
2019$63,130$18,179$19,644$18,1509—$2,148$4,361

Under IRS private-foundation payout rules, Lagos Family Foundation reported a distributable amount of $1K for 2025 — the minimum it must pay out in qualifying distributions.

Leadership & Key People

Officers and directors from IRS filings

Lagos Family Foundation is led by William J. Lagos, President on every filing since 2019; none of the 5 officers listed in 2025 report compensation.

Officers on the 2025 filing

  • William J. Lagos

    President

    On filings since 2019

    No compensation reported

  • Ann D. Lagos

    Secretary

    On filings since 2019

    No compensation reported

  • Christopher J. Lagos

    Vice President

    On filings since 2019

    No compensation reported

  • Kathryn M. Lagos

    Treasurer

    On filings since 2019

    No compensation reported

  • William J. Lagos Jr.

    Vice President

    On filings since 2019

    No compensation reported

Data from IRS Form 990 filings, 2019–2025. "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 Lagos Family Foundation

How much does Lagos Family Foundation give each year?

Lagos Family Foundation gave $27K across 9 grants in 2025, according to its 2025 IRS Form 990-PF. In 2024 it gave $5K across 6 grants.

What is Lagos Family Foundation's typical grant size?

Lagos Family Foundation's median grant in 2025 was $1,741, and its average grant was $2,971, across 9 grants on its 2025 IRS Form 990-PF.

Where does Lagos Family Foundation give grants?

Lagos Family Foundation gives mostly in Virginia: 79% of the grant dollars itemized on its 2025 IRS Form 990-PF went to recipients there. The next largest states were Arizona (7%) and North Carolina (7%). The most frequent recipient cities were Richmond, VA (3 grants) and Phoenix, AZ (2 grants).

Does Lagos Family Foundation give general operating support?

Yes: 100% of Lagos Family Foundation's 2025 grants with a stated purpose (9 of 9) were for general or operating support, per its 2025 IRS Form 990-PF.

Who are Lagos Family Foundation's largest grantees?

Lagos Family Foundation's largest 2025 grantees include Veritas School ($12,000), Children's Hospital Foundation ($5,000) and Full Circle Grief Center ($2,000), according to its 2025 IRS Form 990-PF. Together they received 71% of its itemized 2025 grant dollars.

How much is Lagos Family Foundation required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2025, Lagos Family Foundation reported a distributable amount of $1K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.

What is Lagos Family Foundation's EIN?

Lagos Family Foundation's EIN (Employer Identification Number) is 54-2015119. IRS Form 990 filing data is available on this page for 2019–2025.

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

Data update history

(3)

When this profile's IRS filing data changed on Grantable

  1. Added Form 990-PF for fiscal year 2019 (received by the IRS April 13, 2020)
  2. Added Form 990-PF for fiscal year 2025 (received by the IRS July 29, 2026)
  3. IRS filings on file for fiscal years 2020–2024

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The filing figures on this page are open data under CC BY 4.0. About GrantGraph Open

Figures come from Lagos Family 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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