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
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
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
| Name | Title | Hours | Compensation |
|---|---|---|---|
| DAVID LYERLY | PRESIDENT & DIRECTOR | 2 | — |
| MARY DENTON ROBERTS | SEC/TREAS & DIRECTOR | 2 | — |
Subject Areas
Focus areas based on grantmaking activity
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Similar funders by location and focus area
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Data last updated April 2026. Sourced from IRS Form 990-PF filings. Research dossier generated April 2026.
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