Lawrence & Megan Foley Family Foundation Inc

Private foundation · Grantmaker Southport, CT EIN: 42-1528874

Lawrence & Megan Foley Family Foundation Inc is a private foundation based in Southport, Connecticut. Its 2025 filing reports 12 grants totaling $543,550 to charitable organizations, including schools, a university, a theater, and organizations in health and public safety.

Key facts about Lawrence & Megan Foley Family Foundation Inc

In short: Lawrence & Megan Foley Family Foundation Inc gave $544K across 12 grants in 2025 (avg $45K), top state California. 25% of 2025 grantees were new. Source: 2025 IRS Form 990-PF.

EIN
42-1528874
Latest 990 filing
Form 990-PF, 2025
Annual giving (2025)
$543,550
Grants made (2025)
12
Average grant
$45,296
Median grant
$30,000
New grantees (estimate)
25% first-time grantees (3 of 12, 2025; small sample)
Total assets
$1,748,500
Primary geography
California (46% of itemized 2025 grant dollars)
Accepts unsolicited proposals
No
How to apply
The foundation states that it makes contributions only to preselected charitable organizations and does not accept unsolicited requests for funds. Full details ↓

Data from IRS Form 990-PF, 2025; updated October 2026. New grantees are estimated by matching recipient names across years (methodology). Application details from Grantable's research on the foundation's public materials; confirm on its website before applying.

Financial Overview

From 2025 IRS Form 990-PF · View filing

Total Assets

$1.7M

+0.1% YoY

Annual Giving

$544K

+95.0% YoY

Grant Count

12

-20.0% YoY

Avg Grant Size

$45K

+143.8% YoY

Under IRS private-foundation payout rules, Lawrence & Megan Foley Family Foundation Inc reported a distributable amount of $114K for 2025 — the minimum it must pay out in qualifying distributions.

Is Lawrence & Megan Foley Family Foundation Inc open to new grantees?

25%

first-time grantees, 2025

In 2025, 3 of 12 grantees (25%) were first-time recipients. With only 12 grantees, that is a small sample: one grantee more or less moves the share by about 8 points. First grants averaged $6K; repeat grants $58K. How we count

Medians: $6K first-time, $50K repeat.

  • 67% of 2025 grantees were also funded in 2024. Method
  • Giving fell 65% from 2022 to 2025. Method
  • In 2025 it paid out 479% of its IRS minimum distribution (the 5% rule). Method

Estimate from itemized grant lists in IRS Form 990-PF filings (2020–2025). Recipient names are matched across years, so a renamed or misspelled grantee can look new; grants to individuals are left out. Methodology.

Research compiled by Grantable AI from public sources. Last updated October 2026.

Mission & Focus Areas

The foundation’s filings do not state a mission. Its 2025 grants show support for educational institutions, arts organizations, and other charitable organizations. Among its grantees, Fairfield Country Day School says it educates boys from kindergarten through ninth grade and supports their personal growth and intellectual development; Taft School describes its mission as educating the whole student. Westport Country Playhouse says it aims to engage and enrich the community through professionally produced theater. FDNY Foundation says it funds fire and life safety programs, equipment, training, education, and health and wellness needs for FDNY members.

Grantmaking

In 2025, the foundation made 12 grants totaling $543,550. Grant amounts ranged from $1,000 to $250,000, with a median of $30,000. The largest awards included $250,000 to USC School of Dramatic Arts, $59,050 to Fairfield Country Day School, and $50,000 each to Amazin Mets Foundation, College of the Holy Cross, Catholic Academics of Bridgeport, and Taft School Corporation. Other 2025 recipients included Iona Preparatory ($10,000), Sacred Heart Greenwich ($10,000), Westport Country Playhouse ($6,000), Chris Mello Scholarship Fund ($5,000), St Jude Children Research Hospital ($2,500), and FDNY Foundation ($1,000).

How to Apply

The foundation states that it makes contributions only to preselected charitable organizations and does not accept unsolicited requests for funds.

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Geographic Focus

Where this funder awards grants

In 2025, grant dollars went to recipients in California (46%), Connecticut (32%), New York (13%), and Massachusetts (9%).

Grant Distribution by State

9states

Share of 2025 grant dollars across all 12 itemized grants.

Cities

FairfieldNew YorkBridgeportWorchesterWatertownCoronaLos AngelesBrooklynColumbusGreenwichRochesterRyeSouthportW SpringfieldWestportGreen FarmsLexingtonLoudonvilleMamaroneckNew Rocelle

Giving Over Time

Total grant dollars and number of grants per year

$0$500K$1M$1.5M$2M9 grants2020 17 grants2021 13 grants2022 13 grants2023 15 grants2024 12 grants2025

From 2020 to 2025, annual grant giving ranged from $243K (2020) to $1.6M (2022). In 2025 it made 12 grants totaling $544K.

Grant Insights

How this funder distributes its grants

Top Recipients

Top 10 recipients in 2025

USC School of Dramatic Arts: $250KUSC School of Dramatic Arts$250KFairfield Country Day School: $59KFairfield Country Day School$59KAmazin Mets Foundation: $50KAmazin Mets Foundation$50KCollege of the Holy Cross: $50KCollege of the Holy Cross$50KCatholic Academics of Bridgeport: $50KCatholic Academics ofBridgeport$50KTaft School Corporation: $50KTaft School Corporation$50KIona Preparatory: $10KIona Preparatory$10KSacred Heart Greenwich: $10KSacred Heart Greenwich$10KWestport Country Playhouse: $6KWestport Country Playhouse$6KChris Mello Scholarship Fund: $5KChris Mello Scholarship Fund$5K

The largest 2025 recipient was USC School of Dramatic Arts ($250K). Together the top 10 received $540K.

Grant Size Distribution

70 grants across all recorded years

45<$50K15$50–100K6$100–250K3$250–500K1$500K–1M$1–5M$5M+

The most common grant size was under $50K: 45 grants of 70 (64%).

Giving History

Grant recipients and amounts by year

RecipientPurposeAmount
USC School of Dramatic Arts Los Angeles, CATo Help Organization in Its Exempt Function$250,000
Fairfield Country Day School Fairfield, CTFor the General Purpose of the Charitable Organization$59,050
Amazin Mets Foundation Corona, NYFor the General Use of Charitable Organization$50,000
College of the Holy Cross Worchester, MAFor the General Use of Charitable Organization$50,000
Catholic Academics of Bridgeport Bridgeport, CTFor the General Purpose of the Charitable Organization$50,000
Taft School Corporation Watertown, CTFor the General Purpose of the Charitable Organization$50,000
Iona Preparatory New Rocelle, NYFor the General Purpose of the Charitable Organization$10,000
Sacred Heart Greenwich Greenwich, CTTo HEL Organization in Its Exempt Function$10,000
Westport Country Playhouse Westport, CTTo Help Org. in Its Exempt Function$6,000
Chris Mello Scholarship Fund Rye, NYFor the General Purpose of the Charitable Organization$5,000

Financial History

Multi-year comparison from IRS filings

Filing year Assets Revenue Expenses Grants Grant count
2025 $1,748,500 $566,656 $564,826 $543,550 12
2024 $1,746,670 $153,117 $305,631 $278,695 15
2023 $1,899,184 $196,226 $529,463 $513,200 13
Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$500K$1M$1.5M$2M2020 2021 2022 2023 2024 2025
Metric202520242023
Total Assets$1,748,500$1,746,670$1,899,184
Revenue$566,656$153,117$196,226
Expenses$564,826$305,631$529,463
Qualifying Distributions$543,550$281,695$515,950
Net Investment Income$9,870$137,078$260,863
Distributable Amount$113,557$113,182$112,371

Data update history

When this profile's IRS filing data changed on Grantable

  1. Updated Form 990-PF for fiscal year 2020 (received by the IRS October 11, 2021)
  2. Updated Form 990-PF for fiscal year 2021 (received by the IRS October 14, 2022)
  3. Updated Form 990-PF for fiscal year 2022 (received by the IRS October 13, 2023)
  4. Updated Form 990-PF for fiscal year 2023 (received by the IRS September 24, 2024)
  5. Updated Form 990-PF for fiscal year 2024 (received by the IRS April 14, 2025)
  6. Added Form 990-PF for fiscal year 2025 (received by the IRS June 29, 2026)
  7. IRS filings on file for fiscal years 2020–2024

Leadership & Key People

Leadership team and compensation from IRS filings

The 2025 filing lists Lawrence G Foley, Megan M Foley, and David J McCabe as directors.

Lawrence & Megan Foley Family Foundation Inc's 2025 filing lists 3 officers; none of the 3 officers listed in 2025 report compensation.

Officers on the 2025 filing

  • David J. McCabe

    Director

    On filings since 2020

    5 hrs/week

    No compensation reported

  • Lawrence G. Foley

    Director

    On filings since 2020

    5 hrs/week

    No compensation reported

  • Megan M. Foley

    Director

    On filings since 2020

    5 hrs/week

    No compensation reported

Data from IRS Form 990 filings, 2020–2025. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.

Contact

Mailing address: PO Box 824, Southport, CT 06890
Phone: (212) 490-3113

Frequently asked questions about Lawrence & Megan Foley Family Foundation Inc

How much does Lawrence & Megan Foley Family Foundation Inc give each year?

Lawrence & Megan Foley Family Foundation Inc gave $544K across 12 grants in 2025, according to its 2025 IRS Form 990-PF. In 2024 it gave $279K across 15 grants.

What is Lawrence & Megan Foley Family Foundation Inc's typical grant size?

Lawrence & Megan Foley Family Foundation Inc's median grant in 2025 was $30,000, and its average grant was $45,296, across 12 grants on its 2025 IRS Form 990-PF. Organizations receiving their first grant from Lawrence & Megan Foley Family Foundation Inc that year got $6K on average.

Where does Lawrence & Megan Foley Family Foundation Inc give grants?

Lawrence & Megan Foley Family Foundation Inc's top state is California, with 46% of the grant dollars itemized on its 2025 IRS Form 990-PF. The next largest states were Connecticut (32%) and New York (13%).

Does Lawrence & Megan Foley Family Foundation Inc give general operating support?

Yes: 67% of Lawrence & Megan Foley Family Foundation Inc's 2025 grants with a stated purpose (8 of 12) were for general or operating support, per its 2025 IRS Form 990-PF.

Who are Lawrence & Megan Foley Family Foundation Inc's largest grantees?

Lawrence & Megan Foley Family Foundation Inc's largest 2025 grantees include USC School of Dramatic Arts ($250,000), Fairfield Country Day School ($59,050) and Amazin Mets Foundation ($50,000), according to its 2025 IRS Form 990-PF. Together they received 66% of its itemized 2025 grant dollars.

How large is Lawrence & Megan Foley Family Foundation Inc?

Lawrence & Megan Foley Family Foundation Inc reported $1.7M in total assets on its 2025 IRS Form 990-PF. It paid out $544K in qualifying distributions that year, against a required minimum of $114K (roughly 5% of its investment assets).

What does Lawrence & Megan Foley Family Foundation Inc fund?

The foundation’s filings do not state a mission. Its 2025 grants show support for educational institutions, arts organizations, and other charitable organizations. See mission & focus areas ↑

How do I apply for a grant from Lawrence & Megan Foley Family Foundation Inc?

The foundation states that it makes contributions only to preselected charitable organizations and does not accept unsolicited requests for funds. Eligibility and process details are in the grantmaking section of this profile. See how to apply ↑

What is Lawrence & Megan Foley Family Foundation Inc's EIN?

Lawrence & Megan Foley Family Foundation Inc's EIN (Employer Identification Number) is 42-1528874. IRS Form 990 filing data is available on this page for 2020–2025.

Does Lawrence & Megan Foley Family Foundation Inc accept unsolicited proposals?

No, according to Grantable's research on the foundation's published guidelines. See how to apply ↑

Data last updated October 2026. Sourced from IRS Form 990-PF filings. Research dossier generated October 2026.

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