Largay Foundation Inc

Private foundation · Grantmaker Coral Gables, FL EIN: 65-0734278

Largay Foundation Inc is a private foundation, based in Coral Gables, FL. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $272K in total assets. In 2024, it awarded 4 grants totaling $47K. Net investment income was $39K.

Key facts about Largay Foundation Inc

In short: Largay Foundation Inc gave $47K across 4 grants in 2024 (avg $12K), mostly in Utah. Source: 2024 IRS Form 990-PF.

EIN
65-0734278
Latest 990 filing
Form 990-PF, 2024
Annual giving (2024)
$47,000
Grants made (2024)
4
Average grant
$11,750
Median grant
$9,250
Total assets
$272,011
Primary geography
Utah (50% of itemized 2024 grant dollars)

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

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$272K

-4.0% YoY

Annual Giving

$47K

+42.4% YoY

Grant Count

4

+0.0% YoY

Avg Grant Size

$12K

+42.4% YoY

Under IRS private-foundation payout rules, Largay Foundation Inc reported a distributable amount of $45K for 2024 — the minimum it must pay out in qualifying distributions.

How Largay Foundation Inc gives

  • Giving grew 42% from 2021 to 2024. Method
  • In 2024 it paid out 112% of its IRS minimum distribution (the 5% rule). Method

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

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

5states

Share of 2024 grant dollars across all 4 itemized grants.

Cities

St GeorgeHamiltonStaten IslandOcalaTulsaOwasso

Giving Over Time

Total grant dollars and number of grants per year

$0$20K$40K$60K2 grants2020 2 grants2021 4 grants2022 4 grants2023 4 grants2024

From 2020 to 2024, annual grant giving ranged from $30K (2020) to $47K (2024). In 2024 it made 4 grants totaling $47K.

Grant Insights

How this funder distributes its grants

Top Recipients

Top 4 recipients in 2024

Western Sky Aviation Warbird Museum: $24KWestern Sky Aviation WarbirdMuseum$24KSafe Inc: $14KSafe Inc$14KTunnel to Towers Foundation: $5KTunnel to Towers Foundation$5KFolds of Honor Foundation: $5KFolds of Honor Foundation$5K

The largest 2024 recipient was Western Sky Aviation Warbird Museum ($24K). Together the top 4 received $47K.

Grant Size Distribution

16 grants across all recorded years

16<$50K$50–100K$100–250K$250–500K$500K–1M$1–5M$5M+

The most common grant size was under $50K: 16 grants of 16 (100%).

Giving History

Grant recipients and amounts by year

RecipientPurposeAmount
Western Sky Aviation Warbird Museum St George, UTFor Honoring American Hero's$23,500
Safe Inc Hamilton, MTAssistance to Victims of Dom Violenc$13,500
Tunnel to Towers Foundation Staten Island, NYAssist Veterans & First Responders$5,000
Folds of Honor Foundation Tulsa, OKScholarships for Fallen Heroes Famil$5,000

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$50K$100K$150K2020 2021 2022 2023 2024
Metric202420232022
Total Assets$272,011$283,239$345,540
Revenue$50,977$-14,425$20,381
Expenses$62,207$47,878$46,064
Qualifying Distributions$50,028$36,496$34,967
Net Investment Income$38,798$880$9,284
Distributable Amount$44,769$39,797$43,640

Data update history

When this profile's IRS filing data changed on Grantable

  1. IRS filings on file for fiscal years 2020–2024

Leadership & Key People

Officers and directors from IRS filings

Largay Foundation Inc is led by Charles E. Largay Jr., Director & Vice President on every filing since 2020 — the only officer listed, and uncompensated.

Officers on the 2024 filing

  • Charles E. Largay Jr.

    Director & Vice President

    On filings since 2020

    No compensation reported

Data from IRS Form 990 filings, 2020–2024. "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 Largay Foundation Inc

How much does Largay Foundation Inc give each year?

Largay Foundation Inc gave $47K across 4 grants in 2024, according to its 2024 IRS Form 990-PF. In 2023 it gave $33K across 4 grants.

What is Largay Foundation Inc's typical grant size?

Largay Foundation Inc's median grant in 2024 was $9,250, and its average grant was $11,750, across 4 grants on its 2024 IRS Form 990-PF.

Where does Largay Foundation Inc give grants?

Largay Foundation Inc gives mostly in Utah: 50% of the grant dollars itemized on its 2024 IRS Form 990-PF went to recipients there. The next largest states were Montana (29%) and New York (11%).

Does Largay Foundation Inc give general operating support?

Not in 2024: none of the 4 grants with a stated purpose on Largay Foundation Inc's 2024 IRS Form 990-PF were described as general or operating support.

How large is Largay Foundation Inc?

Largay Foundation Inc reported $272K in total assets on its 2024 IRS Form 990-PF. It paid out $50K in qualifying distributions that year, against a required minimum of $45K (roughly 5% of its investment assets).

What is Largay Foundation Inc's EIN?

Largay Foundation Inc's EIN (Employer Identification Number) is 65-0734278. IRS Form 990 filing data is available on this page for 2020–2024.

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

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