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
Under IRS private-foundation payout rules, Lyerly Foundation reported a distributable amount of $224K for 2024 — the minimum it must pay out in qualifying distributions.
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
States
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| 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
Grant Insights
How this funder distributes its grants
Top Recipients
Top 10 recipients in 2024
Grant Size Distribution
166 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include Virginia Tech Foundation Inc ($106,000), New River Community College Educational Foundation Inc ($65,000), Unc Arts and Sciences Foundtion Inc - Lyerly Student Fund ($25,000).
| Recipient | Purpose | Amount |
|---|---|---|
| BLUE RIDGE MTN COUNCIL - BOY SCOUTS OF AMERICA ROANOKE, VA | DONATION | $1,000 |
| CHURCH WORLD SERVICE ELKHART, IN | DONATION | $1,000 |
| COMMUNITY YOUTH PROGRAM ROANOKE, VA | DONATION | $1,000 |
| CROHNS AND COLITIS FOUNDATION INDEPENDENCE, OH | DONATION | $1,000 |
| DARRIS NICHOLS BASKETBALL CAMPS RADFORD, VA | DONATION | $2,500 |
| DOCTORS WITHOUT BORDERS NEW YORK, NY | DONATION | $1,000 |
| FEED THE CHILDREN OKLAHOMA CITY, OK | DONATION | $1,000 |
| FEEDING AMERICA SOUTHWEST VA SALEM, VA | DONATION | $10,000 |
| GLENCOE MUSEUM RADFORD, VA | DONATION | $3,000 |
| HABITAT FOR HUMANITY AMERICUS, GA | DONATION | $2,000 |
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
| Name | Title | Hours | Compensation |
|---|---|---|---|
| DAVID LYERLY | PRESIDENT & DIRECTOR | 2 | — |
| MARY DENTON ROBERTS | SEC/TREAS & DIRECTOR | 2 | — |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
How do I apply for a grant from Lyerly Foundation?
The Lyerly Foundation has made documented grants in the following amounts: • **$10,000** to Radford Fairlawn Daily Bread (Radford, VA) in 2024 for a donation • **$2,500** to Radford Clothing Bank (Radford, VA) in 2024 for a donation The foundation appears to support organizations focused on community assistance and social services, with a particular presence in the Radford, Virginia area.
Where does Lyerly Foundation make grants?
The foundation has demonstrated grantmaking activity in Virginia, with documented grants to organizations in Radford.
What size grants does Lyerly Foundation award?
In 2024, Lyerly Foundation awarded 30 grants totaling $278K — an average of about $9K per grant, based on its IRS Form 990 filings.
How much is Lyerly Foundation required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, Lyerly Foundation reported a distributable amount of $224K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is Lyerly Foundation's EIN?
Lyerly Foundation's EIN (Employer Identification Number) is 81-1930895. IRS Form 990 filing data is available on this page for 2020–2024.
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Browse active grant opportunities in Lyerly Foundation's focus areas in our free grants database
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Data last updated June 2026. Sourced from IRS Form 990-PF filings. Research dossier generated April 2026.
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