Lair Family Foundation

Foundation · Grantmaker Richardson, TX EIN: 01-0769300

Lair Family Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in Richardson, TX. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $158K in total assets. In 2024, it awarded 5 grants totaling $15K. Net investment income was $15K.

Key facts about Lair Family Foundation

EIN: 01-0769300
Latest 990 filing: Form 990-PF, 2024
Annual giving (2024): $14,650
Grants made (2024): 5
Average grant: $2,930
Median grant: $1,000
Total assets: $157,663
Primary geography: Colorado (68% of itemized 2024 grant dollars)

Data from IRS Form 990-PF, 2024; updated September 2026.

Who Lair Family Foundation funds

By grant dollars, the top recipient states for Lair Family Foundation's 5 itemized 2024 grants were Colorado (68%), Washington (16%) and Tennessee (7%). None of its 5 grants with a stated purpose were described as general or operating support.

How Lair Family Foundation gives

Giving fell 29% from 2021 to 2024. Method
In 2024 it paid out 282% of its IRS minimum distribution (the 5% rule). Method

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

Next steps with Lair Family Foundation

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Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$158K

-5.2% YoY

Annual Giving

$15K

-9.3% YoY

Grant Count

+0.0% YoY

Avg Grant Size

$3K

-9.3% YoY

Under IRS private-foundation payout rules, Lair Family Foundation reported a distributable amount of $9K for 2024 — the minimum it must pay out in qualifying distributions.

About Lair Family Foundation

Based on IRS filings

Focus Areas

Philanthropy, Voluntarism & Grantmaking

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

Colorado $10K (68%)

Washington $2K (16%)

Tennessee $1K (7%)

North Carolina $1K (7%)

Texas $250 (2%)

Share of all 5 itemized 2024 grant dollars.

States

Arkansas Colorado Florida North Carolina Oregon Tennessee Texas Washington

Cities

DallasRichardsonColorado SpringsFederal WayConwayOrlandoPlanoBooneGreenbackHendersonHoustonMaryvilleMonumentPortland

Financial History

Multi-year comparison from IRS filings

Revenue

Expenses

Qualifying Distributions

Net Investment Income

Metric	2024	2023	2022
Total Assets	$157,663	$166,259	$180,813
Revenue	$24,157	$17,334	$3,435
Expenses	$32,819	$31,822	$50,454
Qualifying Distributions	$26,587	$26,379	$43,945
Net Investment Income	$14,798	$8,347	—
Distributable Amount	$9,425	$9,095	$10,918

Data update history

When this profile's IRS filing data changed on Grantable

February 28, 2026 IRS filings on file for fiscal years 2020–2024

Giving Over Time

Total grant dollars and number of grants per year

Grant Insights

How this funder distributes its grants

Top Recipients

Top 5 recipients in 2024

Grant Size Distribution

35 grants across all recorded years

Giving History

Grant recipients and amounts by year

Among its reported 2024 grants, the largest recipients include Young Life ($10,000), World Vision ($2,400), Trinity Presbyterian Church ($1,000).

Recipient	Purpose	Amount
YOUNG LIFE Colorado Springs, CO	HIGH SCHOOL MINISTRY	$10,000
WORLD VISION Federal Way, WA	UGANDA CHILDREN'S AID	$2,400
TRINITY PRESBYTERIAN CHURCH Maryville, TN	MINISTRY SUPPORT	$1,000
SAMARITAN'S PURSE Boone, NC	DISASTER RELIEF	$1,000
RICHARDSON FAMILY YMCA Richardson, TX	YOUTH DEVELOPMENT PROGRAM	$250

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

Name	Title	Hours	Compensation
Keith Lair	CHM/Pres/Dir	3	$4,400
Susan Lair	Sec/Dir	—	$400
Troy Craig	Dir	—	$400
Sherry Trussell	Dir	—	$400
Craig Lair	Dir	—	$400
Grant Lair	Dir	—	$400

Subject Areas

Focus areas based on grantmaking activity

Philanthropy, Voluntarism & Grantmaking

Frequently Asked Questions

What is Lair Family Foundation?

Lair Family Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in Richardson, TX. It holds $158K in total assets as of 2024.

How large is Lair Family Foundation?

As of 2024, Lair Family Foundation holds $158K in total assets with $24K in annual revenue. It awarded 5 grants totaling $15K in 2024.

Where does Lair Family Foundation operate?

Lair Family Foundation has awarded grants in Arkansas, Colorado, Florida, North Carolina, Oregon, Tennessee, Texas, Washington.

What size grants does Lair Family Foundation award?

In 2024, Lair Family Foundation awarded 5 grants totaling $15K — an average of about $3K per grant, based on its IRS Form 990 filings.

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

Private foundations must generally distribute about 5% of their assets annually. For 2024, Lair Family Foundation reported a distributable amount of $9K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.