Lindy Foundation

Foundation · Grantmaker Jenkintown, PA EIN: 46-4222159

Lindy Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, 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.

Key facts about Lindy Foundation

EIN: 46-4222159
Latest 990 filing: Form 990-PF, 2024
Annual giving (2024): $736,458
Grants made (2024): 7
Average grant: $105,208
Median grant: $50,000
Total assets: $10,525,743
Primary geography: Pennsylvania (93% of itemized 2024 grant dollars)

Data from IRS Form 990-PF, 2024; updated September 2026.

Who Lindy Foundation funds

By grant dollars, the top recipient states for Lindy Foundation's 7 itemized 2024 grants were Pennsylvania (93%) and California (7%). The most frequent recipient cities were Philadelphia, PA (3 grants). 100% of grants with a stated purpose were for general or operating support.

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.

Next steps with Lindy Foundation

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Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$10.5M

-2.7% YoY

Annual Giving

$736K

+39.0% YoY

Grant Count

+133.3% YoY

Avg Grant Size

$105K

-40.4% YoY

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.

About Lindy Foundation

Based on IRS filings

Focus Areas

Philanthropy, Voluntarism & Grantmaking

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

Pennsylvania $686K (93%)

California $50K (7%)

Share of all 7 itemized 2024 grant dollars.

States

California New Jersey Pennsylvania

Cities

PhiladelphiaPhiladephiaNew BrunswickPhiladellphiaSan FranciscoWest Chester

Financial History

Multi-year comparison from IRS filings

Revenue

Expenses

Qualifying Distributions

Net Investment Income

Metric	2024	2023	2022
Total Assets	$10,525,743	$10,816,516	$10,635,360
Revenue	$1,222,744	$1,284,535	$11,033,135
Expenses	$1,597,061	$1,160,165	$787,464
Qualifying Distributions	$1,568,795	$1,143,032	$768,132
Net Investment Income	$409,557	$340,099	$46,592
Distributable Amount	$534,495	$504,795	$445,368

Data update history

When this profile's IRS filing data changed on Grantable

March 2, 2026 IRS filings on file for fiscal years 2020–2024

Giving Over Time

Total grant dollars and number of grants per year

Grant Insights

How this funder distributes its grants

Top Recipients

Top 7 recipients in 2024

Grant Size Distribution

13 grants across all recorded years

Giving History

Grant recipients and amounts by year

Among its reported 2024 grants, the largest recipients include Drexel University ($500,000), Culturetrust Greater Philadelphia ($75,000), Urban Affairs Coalition ($56,458).

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

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

No officer or director reported compensation in the available filings.

From 2024 IRS filing

Name	Title	Hours	Compensation
Elaine Lindy	Trustee	—	—
Alan Lindy	Trustee	—	—
Frank Lindy	Trustee	—	—

Subject Areas

Focus areas based on grantmaking activity

Philanthropy, Voluntarism & Grantmaking

Frequently Asked Questions

What is Lindy Foundation?

Lindy Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in Jenkintown, PA. It holds $10.5M in total assets as of 2024.

How large is Lindy Foundation?

As of 2024, Lindy Foundation holds $10.5M in total assets with $1.2M in annual revenue. It awarded 7 grants totaling $736K in 2024.

Where does Lindy Foundation operate?

Lindy Foundation has awarded grants in California, New Jersey, Pennsylvania.

What size grants does Lindy Foundation award?

In 2024, Lindy Foundation awarded 7 grants totaling $736K — an average of about $105K per grant, based on its IRS Form 990 filings.

How much is Lindy Foundation required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2024, Lindy Foundation reported a distributable amount of $534K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.