Layman Family Foundation
Layman Family Foundation is a private foundation, based in Daleville, VA. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $260K in total assets. In 2024, it awarded 6 grants totaling $14K. Net investment income was $12K.
Key facts about Layman Family Foundation
In short: Layman Family Foundation gave $14K across 6 grants in 2024 (avg $2K), mostly in Virginia. Source: 2024 IRS Form 990-PF.
- EIN
- 54-1556638
- Latest 990 filing
- Form 990-PF, 2024
- Annual giving (2024)
- $13,800
- Grants made (2024)
- 6
- Average grant
- $2,300
- Median grant
- $1,550
- Total assets
- $259,643
- Primary geography
- Virginia (95% 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
$260K
-1.1% YoY
Annual Giving
$14K
-27.4% YoY
Grant Count
6
-33.3% YoY
Avg Grant Size
$2K
+8.9% YoY
Under IRS private-foundation payout rules, Layman Family Foundation reported a distributable amount of $15K for 2024 — the minimum it must pay out in qualifying distributions.
How Layman Family Foundation gives
- Giving held roughly steady from 2021 to 2024 (−10%). Method
- In 2024 it paid out 100% of its IRS minimum distribution (the 5% rule). Foundations have until the end of the next year to meet it. 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
Share of 2024 grant dollars across all 6 itemized grants.
Cities
Giving Over Time
Total grant dollars and number of grants per year
From 2020 to 2024, annual grant giving ranged from $14K (2024) to $19K (2023). In 2024 it made 6 grants totaling $14K.
Grant Insights
How this funder distributes its grants
Top Recipients
Top 6 recipients in 2024
The largest 2024 recipient was Bridgewater College ($5K). Together the top 6 received $14K.
Grant Size Distribution
50 grants across all recorded years
The most common grant size was under $50K: 50 grants of 50 (100%).
Giving History
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| Bridgewater College Bridgewater, VA | Charitable Purpose | $5,000 |
| YMCA of Roanoke Valley Roanoke, VA | Charitable Purpose | $5,000 |
| Attic Productions Fincastle, VA | Charitable Purpose | $2,500 |
| Blue Ridge PBS Roanoke, VA | Charitable Purpose | $600 |
| MSKCC Giving New York, NY | Charitable Purposes | $350 |
| St Jude Children's Hospital Memphis, TN | Charitable Purpose | $350 |
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $259,643 | $262,416 | $273,768 |
| Revenue | $14,377 | $11,610 | $16,072 |
| Expenses | $17,150 | $22,962 | $21,962 |
| Qualifying Distributions | $14,448 | $20,313 | $19,122 |
| Net Investment Income | $11,905 | $9,200 | $13,737 |
| Distributable Amount | $14,514 | $13,335 | $13,936 |
Data update history
When this profile's IRS filing data changed on Grantable
- IRS filings on file for fiscal years 2020–2024
Leadership & Key People
Officers and directors from IRS filings
Layman Family Foundation is led by J. Allen Layman, President on every filing since 2020 — the only officer listed, and uncompensated.
Officers on the 2024 filing
J. Allen Layman
President
On filings since 2020
0.5 hrs/week
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 Layman Family Foundation
How much does Layman Family Foundation give each year?
Layman Family Foundation gave $14K across 6 grants in 2024, according to its 2024 IRS Form 990-PF. In 2023 it gave $19K across 9 grants.
What is Layman Family Foundation's typical grant size?
Layman Family Foundation's median grant in 2024 was $1,550, and its average grant was $2,300, across 6 grants on its 2024 IRS Form 990-PF.
Where does Layman Family Foundation give grants?
Layman Family Foundation gives mostly in Virginia: 95% of the grant dollars itemized on its 2024 IRS Form 990-PF went to recipients there. The most frequent recipient cities were Roanoke, VA (2 grants).
Who are Layman Family Foundation's largest grantees?
Layman Family Foundation's largest 2024 grantees include Bridgewater College ($5,000), YMCA of Roanoke Valley ($5,000) and Attic Productions ($2,500), according to its 2024 IRS Form 990-PF. Together they received 91% of its itemized 2024 grant dollars.
How large is Layman Family Foundation?
Layman Family Foundation reported $260K in total assets on its 2024 IRS Form 990-PF. It paid out $14K in qualifying distributions that year, against a required minimum of $15K (roughly 5% of its investment assets). Falling short in one year is not a violation: foundations have until the end of the next year to meet the minimum.
What is Layman Family Foundation's EIN?
Layman Family Foundation's EIN (Employer Identification Number) is 54-1556638. 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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