Lyerly Foundation

RADFORD, VA EIN: 81-1930895

The Lyerly Foundation is a private foundation that provides grants to nonprofit organizations. Based on documented grantmaking activity, the foundation supports charitable causes across multiple sectors.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$4.0M

-2.2% YoY

Annual Giving

$278K

-61.4% YoY

Grant Count

30

-11.8% YoY

Avg Grant Size

$9K

-56.2% YoY

Research compiled by Grantable AI from public sources. Last updated April 2026.

Grantmaking

The Lyerly Foundation has made documented grants in the following amounts:

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Geographic Focus

Where this funder awards grants

The foundation has demonstrated grantmaking activity in Virginia, with documented grants to organizations in Radford.

Grant Distribution by State

16states
+8 more states

Cities

AmericusArlingtonBlacksburgBooneChapel HillCharlestonChristiansburgDublinEast GreenwichElkhartFloydGlen AllenIndependenceLittle RockLouisvilleLynchburgMariannaMiamiMichigan CenterMurrells Inlet

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$846K$2M$3M$3M20202021202220232024
Metric202420232022
Total Assets$4,021,066$4,112,182$3,706,384
Revenue$233,159$1,147,690$3,077,050
Expenses$321,952$754,683$1,196,331
Qualifying Distributions$285,466$724,911$1,177,863
Net Investment Income$195,651$135,750$66,497
Distributable Amount$224,167$186,258$121,556

Giving Over Time

Total grant dollars and number of grants per year

$0$293K$586K$879K$1M33 grants202036 grants202133 grants202234 grants202330 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 10 recipients in 2024

VIRGINIA TECH FOUNDATION…$106KNEW RIVER COMMUNITY COLL…$65KUNC ARTS AND SCIENCES FO…$25KSALEM ACADEMY & COLLEGE$20KFEEDING AMERICA SOUTHWES…$10KRADFORD FAIRLAWN DAILY B…$10KTHE PRESBYTERIAN CHURCH …$10KHEIFER INTERNATIONAL$5KGLENCOE MUSEUM$3KDARRIS NICHOLS BASKETBAL…$3K

Grant Size Distribution

166 grants across all recorded years

156<$50K1$50–100K7$100–250K$250–500K2$500K–1M$1–5M$5M+

Giving History

Grant recipients and amounts by year

No grants recorded for .

Leadership & Key People

Leadership team and compensation from IRS filings

The Lyerly family is associated with the foundation. Mary Denton Roberts Lyerly serves as a board member of the Radford Heritage Foundation in Radford, Virginia.

Additionally, Bastion Fellowship, a family foundation of the Lyerly family, is located in Indian Trail, North Carolina, with trustees Robert D Lyerly III and Robert D Lyerly Jr.

Compensation Overview

From 2024 IRS filing

From 2024 filing

NameTitleHoursCompensation
DAVID LYERLYPRESIDENT & DIRECTOR2
MARY DENTON ROBERTSSEC/TREAS & DIRECTOR2

Subject Areas

Focus areas based on grantmaking activity

Related Funders

Similar funders by location and focus area

Data last updated April 2026. Sourced from IRS Form 990-PF filings. Research dossier generated April 2026.

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