Lance Family Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in WILMINGTON, DE. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $784K in total assets. In 2024, it awarded 8 grants totaling $122K. Net investment income was $10K.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$784K
Annual Giving
$122K
Grant Count
8
Avg Grant Size
$15K
Under IRS private-foundation payout rules, Lance Family Foundation reported a distributable amount of $41K for 2024 — the minimum it must pay out in qualifying distributions.
About Lance Family Foundation
Based on IRS filings
Lance Family Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in WILMINGTON, DE. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $784K in total assets. In 2024, it awarded 8 grants totaling $122K. Net investment income was $10K.
Focus Areas
Ready to take the next step with Lance Family Foundation?
Geographic Focus
Where this funder awards grants
Grant Distribution by State
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2022 | 2021 |
|---|---|---|---|
| Total Assets | $784,210 | $872,364 | $1,118,525 |
| Revenue | $9,933 | $5,982 | $471,901 |
| Expenses | $130,342 | $252,143 | $116,057 |
| Qualifying Distributions | $130,271 | $252,061 | $116,007 |
| Net Investment Income | $9,933 | $5,982 | $6,085 |
| Distributable Amount | $40,864 | $41,604 | $39,766 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 8 recipients in 2024
Grant Size Distribution
31 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include Amazon Mission Inc ($60,000), Mission Pre-born Inc ($15,000), Hope City Live Inc ($10,000).
| Recipient | Purpose | Amount |
|---|---|---|
| AMAZON MISSION INC TUCSON, AZ | General & Unrestricted | $60,000 |
| ENTRUSTED WORD MINISTRIES LITTLETON, CO | General & Unrestricted | $2,000 |
| HOPE CITY LIVE INC HOUSTON, TX | Disaster Relief FUND | $10,000 |
| JESUS AND SCIENCE FOUNDATION HOUSTON, TX | General & Unrestricted | $10,000 |
| MISSION PRE-BORN INC INDIANAPOLIS, IN | General & Unrestricted | $15,000 |
| SOUND THE TRUMPET MINISTRIES INTERNATIONAL FLOWER MOUND, TX | General & Unrestricted | $10,000 |
| THE NEW HORIZONS FOUNDATION INC COLORADO SPGS, CO | Global Commerce Network (GCN) | $5,000 |
| UNITED INDIAN MISSIONS INC GLENDALE, AZ | General & Unrestricted | $10,000 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| Jerry Bangert | Dir | 1 | — |
| Deborah Lance | Dir | 1 | — |
| Madeleine Lance | Dir | 1 | — |
| Matthew Alexander Lance | Dir | 1 | — |
| Michael Lance | Pres, Dir, Sec | 1 | — |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is Lance Family Foundation?
Lance Family Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in WILMINGTON, DE. It holds $784K in total assets as of 2024.
How large is Lance Family Foundation?
As of 2024, Lance Family Foundation holds $784K in total assets with $10K in annual revenue. It awarded 8 grants totaling $122K in 2024.
Where does Lance Family Foundation operate?
Lance Family Foundation has awarded grants in Arizona, California, Colorado, Florida, Illinois, Indiana, Missouri, Texas.
What size grants does Lance Family Foundation award?
In 2024, Lance Family Foundation awarded 8 grants totaling $122K — an average of about $15K per grant, based on its IRS Form 990 filings.
How much is Lance Family Foundation required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, Lance Family Foundation reported a distributable amount of $41K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is Lance Family Foundation's EIN?
Lance Family Foundation's EIN (Employer Identification Number) is 26-3941783. IRS Form 990 filing data is available on this page for 2020–2024.
Explore Open Grants
Browse active grant opportunities in Lance Family Foundation's focus areas in our free grants database
Related Funders
Similar funders by location and focus area
Ttee Trustees of Univ of Mass - Art 5
WILMINGTON, DE
Assets
$380K
Grants
1
Total Given
$14K
The Jonsson Foundation
WILMINGTON, DE
Assets
$784K
Grants
3
Total Given
$15K
The Cucci Family Foundation
WILMINGTON, DE
Assets
$579K
Grants
4
Total Given
$45K
Westly Foundation
WILMINGTON, DE
Assets
$4.1M
Grants
55
Total Given
$1.2M
Scott and Jessica McClintock Foundation
WILMINGTON, DE
Assets
$8.9M
Grants
22
Total Given
$392K
The John C Griswold Family Foundation
WILMINGTON, DE
Assets
$13.4M
Grants
68
Total Given
$534K
Data last updated April 2026. Sourced from IRS Form 990-PF filings.
What could you do with Lance Family 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
Go from researching Lance Family Foundation to a real strategy.