Lazy MF Trust is a private foundation focused on Arts, Culture & Humanities, based in Irvine, CA. IRS filing data is available from 2021 through 2022. As of 2022, the organization holds $2.7M in total assets. In 2022, it awarded 2 grants totaling $6.4M. Net investment income was $386K.
Key facts about Lazy MF Trust
In short: Lazy MF Trust gave $6.4M across 2 grants in 2022 (avg $3.2M), mostly in Montana. Source: 2022 IRS Form 990-PF.
- EIN
- 20-7008090
- Latest 990 filing
- Form 990-PF, 2022
- Annual giving (2022)
- $6,400,000
- Grants made (2022)
- 2
- Average grant
- $3,200,000
- Median grant
- $3,200,000
- Total assets
- $2,742,949
- Primary geography
- Montana (94% of itemized 2022 grant dollars)
Data from IRS Form 990-PF, 2022; updated September 2026.
Financial Overview
From 2022 IRS Form 990-PF · View filing
Total Assets
$2.7M
-71.3% YoY
Annual Giving
$6.4M
+1500.0% YoY
Grant Count
2
+100.0% YoY
Avg Grant Size
$3.2M
+700.0% YoY
Under IRS private-foundation payout rules, Lazy MF Trust reported a distributable amount of $260K for 2022 — the minimum it must pay out in qualifying distributions.
How Lazy MF Trust gives
- In 2022 it paid out well above its IRS minimum distribution (the 5% rule). Method
From the foundation's IRS Form 990-PF filings. Methodology.
Ready to take the next step with Lazy MF Trust?
Geographic Focus
Where this funder awards grants
Grant Distribution by State
Share of 2022 grant dollars across all 2 itemized grants.
Cities
Giving Over Time
Total grant dollars and number of grants per year
From 2021 to 2022, annual grant giving ranged from $400K (2021) to $6.4M (2022). In 2022 it made 2 grants totaling $6.4M.
Grant Insights
How this funder distributes its grants
Top Recipients
Top 2 recipients in 2022
The largest 2022 recipient was American Prairie Reserve ($6.0M). Together the top 2 received $6.4M.
Grant Size Distribution
3 grants across all recorded years
The most common grant size was in the $250–500K range: 2 grants of 3 (67%).
Giving History
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| American Prairie Reserve Bozeman, MT | To Support American Prairie's Land Acquisition Campaign. | $6,000,000 |
| Vanguard Charitable Endowment Lion & Rose Fund San Antonio, TX | To Further Environmental and Educational Causes. | $400,000 |
Financial History
Multi-year comparison from IRS filings
| Metric | 2022 | 2021 |
|---|---|---|
| Total Assets | $2,742,949 | $9,566,190 |
| Revenue | $392,168 | $1,433,193 |
| Expenses | $6,545,417 | $518,442 |
| Qualifying Distributions | $6,502,165 | — |
| Net Investment Income | $385,838 | $1,413,934 |
| Distributable Amount | $260,152 | $448,140 |
Data update history
When this profile's IRS filing data changed on Grantable
- IRS filings on file for fiscal years 2021–2022
Leadership & Key People
Officers and directors from IRS filings
Lazy MF Trust is led by James Kearns, Trustee on every filing since 2021 — the only officer listed, and uncompensated.
Officers on the 2022 filing
James Kearns
Trustee
On filings since 2021
5 hrs/week
No compensation reported
Data from IRS Form 990 filings, 2021–2022. "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 Lazy MF Trust
How much does Lazy MF Trust give each year?
Lazy MF Trust gave $6.4M across 2 grants in 2022, according to its 2022 IRS Form 990-PF. In 2021 it gave $400K across 1 grant.
How large is Lazy MF Trust?
Lazy MF Trust reported $2.7M in total assets on its 2022 IRS Form 990-PF. It paid out $6.5M in qualifying distributions that year, against a required minimum of $260K (roughly 5% of its investment assets).
What is Lazy MF Trust?
Lazy MF Trust is a private foundation focused on Arts, Culture & Humanities, based in Irvine, CA. It holds $2.7M in total assets as of 2022.
Where does Lazy MF Trust operate?
Lazy MF Trust has awarded grants in Montana, Texas.
What is Lazy MF Trust's EIN?
Lazy MF Trust's EIN (Employer Identification Number) is 20-7008090. IRS Form 990 filing data is available on this page for 2021–2022.
Data last updated September 2026. Sourced from IRS Form 990-PF filings.
Here's the math on researching Lazy MF Trust by hand.
Explore Open Grants
Browse active grant opportunities in Lazy MF Trust's focus areas in our free grants database
Similar Funders
Funders that support many of the same organizations
Silicon Valley Community Foundation
Mountain View, CA
Silicon Valley Community Foundation funds work in areas such as housing, economic security, education, health, the environment, arts and culture, and civic engagement, with Community Action Grants supporting local, community-led organizations in San Mateo and Santa Clara counties. Its 2024 grants had a median of $51,716, though amounts varied widely; applications depend on the program, and SVCF states that it does not accept unsolicited proposals for advised funds.
Assets
$12.3B
Grants
3,576
Total Given
$3.2B
California Community Foundation
Los Angeles, CA
The California Community Foundation funds work in education, health, housing, immigration, and other community needs, primarily in Los Angeles County. Its 2025 grants had a median of $50,000, though amounts varied widely; it does not accept unsolicited funding requests.
Assets
$2.3B
Grants
2,174
Total Given
$326.6M
The William & Flora Hewlett Foundation
Menlo Park, CA
The William & Flora Hewlett Foundation funds education, climate and conservation, the arts, gender equity, governance, democracy, and philanthropy, with work in the San Francisco Bay Area, the U.S. West, nationally, and internationally. Its 2024 grants had a median of $150,000, though awards ranged from $50 to more than $11 million; it often provides long-term general operating support. It generally does not accept unsolicited requests, except through invited open processes.
Assets
$14.2B
Grants
2,001
Total Given
$625.0M
Marin Community Foundation
Novato, CA
Marin Community Foundation funds equity-focused work, including affordable housing, homelessness, community resilience and power, and arts; its Buck Family Fund supports organizations serving Marin County, including those based elsewhere. Its 2025 grants had a median of $25,000 and ranged from $5,050 to $10 million; the profile does not state whether it accepts unsolicited requests.
Assets
$1.3B
Grants
1,573
Total Given
$186.1M
Conrad N Hilton Foundation
Westlake Village, CA
The Conrad N. Hilton Foundation funds nonprofits working to improve lives and alleviate poverty, with initiatives including early childhood development, homelessness, refugees, safe water, and support for foster and opportunity youth. Its work is global, and its 2024 grants had a median award of $76,000. It generally does not accept unsolicited requests, except through its Good Neighbor Program for eligible local nonprofits and Title 1 schools.
Assets
$7.4B
Grants
1,339
Total Given
$287.7M
The California Endowment
Los Angeles, CA
The California Endowment funds health and racial equity, including health care access, community health, organizing, and policy change, primarily in California. Its 2024 grants had a median of $100,000, though amounts varied widely; it does not accept unsolicited requests and funds preselected organizations only.
Assets
$4.5B
Grants
1,125
Total Given
$215.9M
Kaiser Foundation Hospitals
Oakland, CA
Kaiser Foundation Hospitals supports community health, health-care access, and efforts addressing health inequities, including mental and behavioral health, housing, and employment. Its 2024 grants had a median of $25,000, with most grant dollars going to California; Southern California grants focus on its 14 service areas. For Southern California regional grants, unsolicited letters of inquiry and proposals are not accepted; other application routes described include invited inquiries and open event sponsorship applications.
Assets
$87.4B
Grants
1,122
Total Given
$225.4M
Direct Relief
Santa Barbara, CA
Direct Relief funds community health centers, free and charitable clinics, educational institutions, and other organizations addressing health inequities, and provides medical supplies for healthcare facilities serving underserved communities and people affected by emergencies. Its 2025 grants ranged from $5,500 to $4.34 million, with a median of $100,000, supporting work across the U.S. and more than 80 countries. The available information does not state whether it accepts unsolicited grant requests.
Assets
$1.3B
Grants
1,367
Total Given
$337.4M
The San Diego Foundation
San Diego, CA
The San Diego Foundation supports nonprofits advancing racial and social justice, equity of opportunity, and resilient communities, with grants for projects, capacity building, or general support. Its 2025 itemized grants had a median of $25,000, with awards ranging from $5,100 to nearly $5 million; it generally funds organizations serving San Diego County residents, though some grants reach beyond the county. Applications are made through posted funding opportunities, and the profile does not state whether unsolicited requests are accepted.
Assets
$1.7B
Grants
1,158
Total Given
$94.3M
Jewish Community Foundation of Los Angeles
Los Angeles, CA
The Jewish Community Foundation of Los Angeles supports human services, health, education, Jewish life, arts and culture, and nonprofit capacity and facilities, with grants in Los Angeles, Israel, and beyond. Its 2024 itemized grants had a median of $25,000, though amounts varied widely. General Community grants are invitation-only and do not accept unsolicited requests; all 2025 grantmaking is by invitation only.
Assets
$1.2B
Grants
1,063
Total Given
$142.2M
Jewish Community Federation of San Francisco the Peninsula Marin & Sonoma
San Francisco, CA
Jewish Federation Bay Area funds programs that strengthen Jewish life, combat antisemitism, respond to crises, support people in need, and advance justice and inclusion. Its work focuses on the Bay Area, Israel, and beyond; 2025 grants had a median of $22,750, though amounts varied widely. It frequently issues requests for proposals and welcomes inquiries about its process, but no current opportunities are listed.
Assets
$2.0B
Grants
1,032
Total Given
$94.5M
The David and Lucile Packard Foundation
Los Altos, CA
The David and Lucile Packard Foundation funds charitable organizations working on just societies, healthy families and communities, and a healthy natural world, including climate solutions, ocean conservation, and science. Its 2024 grants had a median of $150,000, and half of grant dollars went to California recipients. It accepts unsolicited requests, but less than 1% of its grants come from them.
Assets
$8.5B
Grants
1,029
Total Given
$350.0M
More Funders in California
Lazy MF Trust down — hundreds of funders to go?