Lyla M Lynch Trust is a private foundation focused on Education, based in Winterset, IA. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $951K in total assets. In 2024, it awarded 3 grants totaling $58K. Net investment income was $68K.
Key facts about Lyla M Lynch Trust
- EIN
- 20-6416083
- Latest 990 filing
- Form 990-PF, 2024
- Annual giving (2024)
- $58,000
- Grants made (2024)
- 3
- Average grant
- $19,333
- Median grant
- $14,500
- Total assets
- $951,412
- Primary geography
- Iowa (100% of itemized 2024 grant dollars)
Data from IRS Form 990-PF, 2024; updated September 2026.
Who Lyla M Lynch Trust funds
By grant dollars, the top recipient states for Lyla M Lynch Trust's 3 itemized 2024 grants were Iowa (100%). The most frequent recipient cities were St Charles, IA (2 grants). None of its 3 grants with a stated purpose were described as general or operating support.
How Lyla M Lynch Trust gives
- Giving held roughly steady from 2021 to 2024 (+5%). Method
- In 2024 it paid out 97% of its IRS minimum distribution (the 5% rule). Foundations have until the end of the next year to meet it. Method
From the foundation's IRS Form 990-PF filings. Methodology.
Next steps with Lyla M Lynch Trust
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Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$951K
+1.2% YoY
Annual Giving
$58K
+3.6% YoY
Grant Count
3
+0.0% YoY
Avg Grant Size
$19K
+3.6% YoY
Under IRS private-foundation payout rules, Lyla M Lynch Trust reported a distributable amount of $73K for 2024 — the minimum it must pay out in qualifying distributions.
About Lyla M Lynch Trust
Based on IRS filings
Lyla M Lynch Trust is a private foundation focused on Education, based in Winterset, IA. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $951K in total assets. In 2024, it awarded 3 grants totaling $58K. Net investment income was $68K.
Focus Areas
Ready to take the next step with Lyla M Lynch Trust?
Geographic Focus
Where this funder awards grants
Grant Distribution by State
Share of all 3 itemized 2024 grant dollars.
States
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $951,412 | $940,300 | $950,850 |
| Revenue | $80,899 | $55,253 | $101,132 |
| Expenses | $71,113 | $68,758 | $77,019 |
| Qualifying Distributions | $70,506 | $67,558 | $76,227 |
| Net Investment Income | $68,393 | $43,695 | $85,905 |
| Distributable Amount | $72,691 | $67,929 | $71,650 |
Data update history
When this profile's IRS filing data changed on Grantable
- 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 3 recipients in 2024
Grant Size Distribution
15 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest recipients include Interstate 35 School District ($29,000), St Charles Parish ($14,500), St Charles Fire Rescue ($14,500).
| Recipient | Purpose | Amount |
|---|---|---|
| INTERSTATE 35 SCHOOL DISTRICT Truro, IA | SCHOLARSHIPS | $29,000 |
| ST CHARLES PARISH St Charles, IA | MAINTENANCE & REPAIR | $14,500 |
| ST CHARLES FIRE RESCUE St Charles, IA | EQUIPMENT & MAINTENANCE | $14,500 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 IRS filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| Farmers Merchants State Bank | Trustee | 1 | $10,783 |
| Jerrold B Oliver | Trustee | 1 | $250 |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is Lyla M Lynch Trust?
Lyla M Lynch Trust is a private foundation focused on Education, based in Winterset, IA. It holds $951K in total assets as of 2024.
How large is Lyla M Lynch Trust?
As of 2024, Lyla M Lynch Trust holds $951K in total assets with $81K in annual revenue. It awarded 3 grants totaling $58K in 2024.
Where does Lyla M Lynch Trust operate?
Lyla M Lynch Trust has awarded grants in Iowa.
What size grants does Lyla M Lynch Trust award?
In 2024, Lyla M Lynch Trust awarded 3 grants totaling $58K — an average of about $19K per grant, based on its IRS Form 990 filings.
How much is Lyla M Lynch Trust required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, Lyla M Lynch Trust reported a distributable amount of $73K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is Lyla M Lynch Trust's EIN?
Lyla M Lynch Trust's EIN (Employer Identification Number) is 20-6416083. IRS Form 990 filing data is available on this page for 2020–2024.
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Data last updated September 2026. Sourced from IRS Form 990-PF filings.