Lily Charitable Foundation Inc
Lily Charitable Foundation Inc is a private foundation, based in Cockeysville, MD. IRS filing data is available from 2020 through 2025. As of 2025, the organization holds $494K in total assets. In 2025, it awarded 1 grant totaling $70K. Net investment income was $66K.
Lily Charitable Foundation Inc at a glance
In short: Lily Charitable Foundation Inc gave $70K across 1 grant in 2025 (avg $70K), mostly in Maryland. Source: 2025 IRS Form 990-PF.
- Annual giving (2025)
- $70,000
- +12.9% vs 2024
- Grants made (2025)
- 1
- +0.0% vs 2024
- Average grant
- $70,000
- +12.9% vs 2024
- Median grant
- $70,000
- Total assets
- $494,322
- -0.1% vs 2024
- Primary geography
- Maryland (100% of itemized 2025 grant dollars)
- Latest 990 filing
- Form 990-PF, 2025 View filing
Data from IRS Form 990-PF, 2025; updated September 2026.
Who Lily Charitable Foundation Inc funds
How this funder distributes its grants
Top Recipients
Top recipient in 2025
The largest 2025 recipient was Gerstell Academy ($70K).
Grant Size Distribution
5 grants across all recorded years
The most common grant size was in the $50–100K range: 4 grants of 5 (80%).
Geographic Focus
Where this funder awards grants
Grant Distribution by State
Share of the 2025 grant dollars on its one itemized grant.
States
Cities
How Lily Charitable Foundation Inc gives
- Giving held roughly steady from 2022 to 2025 (−10%). Method
- In 2025 it paid out 101% of its IRS minimum distribution (the 5% rule). Method
From the foundation's IRS Form 990-PF filings. Methodology.
Giving History
Giving Over Time
Total grant dollars and number of grants per year
From 2020 to 2025, annual grant giving ranged from $40K (2020) to $78K (2022). In 2025 it made 1 grant totaling $70K.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| Gerstell Academy Finksburg, MD | Unrestricted | $70,000 |
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Financial History
Multi-year comparison from IRS filings
| Filing year | Total Assets | Revenue | Expenses | Grants paid | Grants | Qualifying Distributions | Net Investment Income | Distributable Amount |
|---|---|---|---|---|---|---|---|---|
| 2025 | $494,322 | $72,019 | $76,167 | $70,000 | 1 | $70,000 | $65,852 | $69,306 |
| 2024 | $495,057 | $68,925 | $68,296 | $62,000 | 1 | $62,000 | $62,955 | $66,686 |
| 2023 | $494,428 | $85,891 | $68,035 | $60,958 | 1 | $60,958 | $80,319 | $61,867 |
| 2022 | $476,572 | $476,357 | $81,255 | $78,000 | 1 | $78,000 | $48,951 | $60,971 |
| 2021 | $81,470 | $44,016 | $46,174 | $43,035 | 1 | $43,035 | $40,877 | $77,987 |
| 2020 | $83,628 | $497,644 | $45,214 | $40,181 | 1 | — | $24,886 | $43,035 |
Under IRS private-foundation payout rules, Lily Charitable Foundation Inc reported a distributable amount of $69K for 2025 — the minimum it must pay out in qualifying distributions.
Leadership & Key People
Officers and directors from IRS filings
Lily Charitable Foundation Inc is led by Eric G. Smith, President on every filing since 2020; none of the 3 officers listed in 2025 report compensation.
Officers on the 2025 filing
Eric G. Smith
President
On filings since 2020
1 hr/week
No compensation reported
Frederick G. Smith
Vice President
On filings since 2020
1 hr/week
No compensation reported
Venice Paterakis Smith
Secretary & Treasurer
On filings since 2020
1 hr/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.
Frequently asked questions about Lily Charitable Foundation Inc
How much does Lily Charitable Foundation Inc give each year?
Lily Charitable Foundation Inc gave $70K across 1 grant in 2025, according to its 2025 IRS Form 990-PF. In 2024 it gave $62K across 1 grant.
How large is Lily Charitable Foundation Inc?
Lily Charitable Foundation Inc reported $494K in total assets on its 2025 IRS Form 990-PF. It paid out $70K in qualifying distributions that year, against a required minimum of $69K (roughly 5% of its investment assets).
Where does Lily Charitable Foundation Inc operate?
Lily Charitable Foundation Inc has awarded grants in Maryland.
What is Lily Charitable Foundation Inc's EIN?
Lily Charitable Foundation Inc's EIN (Employer Identification Number) is 81-4763953. IRS Form 990 filing data is available on this page for 2020–2025.
Data last updated September 2026. Sourced from IRS Form 990-PF filings.
Data update history
(2)
When this profile's IRS filing data changed on Grantable
- Added Form 990-PF for fiscal year 2025 (received by the IRS May 12, 2026)
- IRS filings on file for fiscal years 2020–2024
Explore Open Grants
Browse active grant opportunities in Lily Charitable Foundation Inc's focus areas in our free grants database
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