Lindy Foundation
Lindy Foundation is a private foundation, based in Jenkintown, PA. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $10.5M in total assets. In 2024, it awarded 7 grants totaling $736K. Net investment income was $410K.
Lindy Foundation at a glance
In short: Lindy Foundation gave $736K across 7 grants in 2024 (avg $105K), mostly in Pennsylvania. Source: 2024 IRS Form 990-PF.
- Annual giving (2024)
- $736,458
- +39.0% vs 2023
- Grants made (2024)
- 7
- +133.3% vs 2023
- Average grant
- $105,208
- -40.4% vs 2023
- Median grant
- $50,000
- Total assets
- $10,525,743
- -2.7% vs 2023
- Primary geography
- Pennsylvania (93% of itemized 2024 grant dollars)
- Latest 990 filing
- Form 990-PF, 2024 View filing
Data from IRS Form 990-PF, 2024; updated September 2026.
Who Lindy Foundation funds
How this funder distributes its grants
Top Recipients
Top 7 recipients in 2024
The largest 2024 recipient was Drexel University ($500K). Together the top 7 received $736K.
Grant Size Distribution
13 grants across all recorded years
The most common grant size was under $50K: 6 grants of 13 (46%).
Geographic Focus
Where this funder awards grants
Grant Distribution by State
Share of 2024 grant dollars across all 7 itemized grants.
Cities
How Lindy Foundation gives
- Giving grew 636% from 2021 to 2024. Method
- In 2024 it paid out 294% 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 2021 to 2024, annual grant giving ranged from $30K (2022) to $736K (2024). In 2024 it made 7 grants totaling $736K.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| Drexel University Philadelphia, PA | General | $500,000 |
| Culturetrust Greater Philadelphia Philadelphia, PA | General | $75,000 |
| Urban Affairs Coalition Philadephia, PA | General | $56,458 |
| Giffords Law Center San Francisco, CA | General | $50,000 |
| Drexel University for Drexel Hillel Philadellphia, PA | General | $50,000 |
| Arden Theater Philadelphia, PA | General | $2,500 |
| Valley Youth House West Chester, PA | General | $2,500 |
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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 |
|---|---|---|---|---|---|---|---|---|
| 2024 | $10,525,743 | $1,222,744 | $1,597,061 | $736,458 | 7 | $1,568,795 | $409,557 | $534,495 |
| 2023 | $10,816,516 | $1,284,535 | $1,160,165 | $530,000 | 3 | $1,143,032 | $340,099 | $504,795 |
| 2022 | $10,635,360 | $11,033,135 | $787,464 | $30,000 | 2 | $768,132 | $46,592 | $445,368 |
| 2021 | $2,515,161 | $843,282 | $651,260 | $100,000 | 1 | $615,799 | $147,426 | $427,313 |
| 2020 | $2,536,621 | $120,524 | $300,779 | — | — | — | $24,259 | $430,559 |
Under IRS private-foundation payout rules, Lindy Foundation reported a distributable amount of $534K for 2024 — the minimum it must pay out in qualifying distributions.
Leadership & Key People
Officers and directors from IRS filings
Lindy Foundation's 2024 filing lists 3 officers; none of the 3 officers listed in 2024 report compensation.
Officers on the 2024 filing
Alan Lindy
Trustee
On filings since 2020
No compensation reported
Elaine Lindy
Trustee
On filings since 2020
No compensation reported
Frank Lindy
Trustee
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 Lindy Foundation
How much does Lindy Foundation give each year?
Lindy Foundation gave $736K across 7 grants in 2024, according to its 2024 IRS Form 990-PF. In 2023 it gave $530K across 3 grants.
What is Lindy Foundation's typical grant size?
Lindy Foundation's median grant in 2024 was $50,000, and its average grant was $105,208, across 7 grants on its 2024 IRS Form 990-PF.
Where does Lindy Foundation give grants?
Lindy Foundation gives mostly in Pennsylvania: 93% of the grant dollars itemized on its 2024 IRS Form 990-PF went to recipients there. The next largest state was California (7%). The most frequent recipient cities were Philadelphia, PA (3 grants).
Does Lindy Foundation give general operating support?
Yes: 100% of Lindy Foundation's 2024 grants with a stated purpose (7 of 7) were for general or operating support, per its 2024 IRS Form 990-PF.
Who are Lindy Foundation's largest grantees?
Lindy Foundation's largest 2024 grantees include Drexel University ($500,000), Culturetrust Greater Philadelphia ($75,000) and Urban Affairs Coalition ($56,458), according to its 2024 IRS Form 990-PF. Together they received 86% of its itemized 2024 grant dollars.
How large is Lindy Foundation?
Lindy Foundation reported $10.5M in total assets on its 2024 IRS Form 990-PF. It paid out $1.6M in qualifying distributions that year, against a required minimum of $534K (roughly 5% of its investment assets).
What is Lindy Foundation's EIN?
Lindy Foundation's EIN (Employer Identification Number) is 46-4222159. 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.
Data update history
(1)
When this profile's IRS filing data changed on Grantable
- IRS filings on file for fiscal years 2020–2024
Live grants for the work Lindy Foundation funds
Philanthropy, Voluntarism & Grantmaking Open opportunities, soonest deadline first.
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Browse active grant opportunities in Lindy Foundation's focus areas in our free grants database
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