Lynell Oliver Baker Memorial

SUFFOLK, VA EIN: 54-1521506

Lynell Oliver Baker Memorial is a private foundation, based in SUFFOLK, VA. IRS filing data is available from 2020 through 2025. As of 2025, the organization holds $238K in total assets. In 2025, it awarded 3 grants totaling $11K. Net investment income was $6K.

Financial Overview

From 2025 IRS Form 990-PF · View filing

Total Assets

$238K

+19.1% YoY

Annual Giving

$11K

+16.7% YoY

Grant Count

3

+0.0% YoY

Avg Grant Size

$4K

+16.7% YoY

Under IRS private-foundation payout rules, Lynell Oliver Baker Memorial reported a distributable amount of $11K for 2025 — the minimum it must pay out in qualifying distributions.

About Lynell Oliver Baker Memorial

Based on IRS filings

Lynell Oliver Baker Memorial is a private foundation, based in SUFFOLK, VA. IRS filing data is available from 2020 through 2025. As of 2025, the organization holds $238K in total assets. In 2025, it awarded 3 grants totaling $11K. Net investment income was $6K.

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

1states

States

Cities

FranklinSuffolk

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$12K$24K$36K$47K202020212022202320242025
Metric202520242023
Total Assets$237,565$199,450$167,000
Revenue$43,103$30,059$23,645
Expenses$12,192$11,005$10,761
Qualifying Distributions$10,500$9,000$9,000
Net Investment Income$6,419$3,234$4,774
Distributable Amount$10,735$9,090$7,809

Giving Over Time

Total grant dollars and number of grants per year

$0$3K$5K$8K$11K3 grants20203 grants20213 grants20223 grants20233 grants20243 grants2025

Grant Insights

How this funder distributes its grants

Top Recipients

Top 3 recipients in 2025

KARA RUSSELL$4KHANNAH JOYNER$4KTRAE BYRD$4K

Grant Size Distribution

15 grants across all recorded years

15<$50K$50–100K$100–250K$250–500K$500K–1M$1–5M$5M+

Giving History

Grant recipients and amounts by year

Among its reported 2025 grants, the largest include Kara Russell ($3,500), Hannah Joyner ($3,500), Trae Byrd ($3,500).

RecipientPurposeAmount
KARA RUSSELL SUFFOLK, VASCHOLARSHIP TO ASSIST COSTS OF ATTENDING LIBERTY UNIVERSITY$3,500
HANNAH JOYNER SUFFOLK, VASCHOLARSHIP TO ASSIST COSTS OF ATTENDING LIBERTY UNIVERSITY$3,500
TRAE BYRD SUFFOLK, VASCHOLARSHIP TO ASSIST COSTS OF ATTENDING XAVIER UNIVERSITY OF LOUISANA$3,500

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2025 IRS filing

From 2025 filing

NameTitleHoursCompensation
ELIZABETH POWELL HELMSDirector
EMILY KNICKVice President
PAIGE HILLDirector
FRANK A SPADY IIITreasurer
LEE BAINESDirector
LYNN B CROSSPresident
LYNNE B BAINESDirector
BLAIR HINESDirector
LOU ELLEN BASSDirector
MICHAEL D KINSEYDirector
KATHY HILL-HENDERSONDirector
KELLY A BAKERSecretary
ASHLEY HEBERLINGDirector

Frequently Asked Questions

How large is Lynell Oliver Baker Memorial?

As of 2025, Lynell Oliver Baker Memorial holds $238K in total assets with $43K in annual revenue. It awarded 3 grants totaling $11K in 2025.

Where does Lynell Oliver Baker Memorial operate?

Lynell Oliver Baker Memorial has awarded grants in Virginia.

What size grants does Lynell Oliver Baker Memorial award?

In 2025, Lynell Oliver Baker Memorial awarded 3 grants totaling $11K — an average of about $4K per grant, based on its IRS Form 990 filings.

How much is Lynell Oliver Baker Memorial required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2025, Lynell Oliver Baker Memorial reported a distributable amount of $11K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.

What is Lynell Oliver Baker Memorial's EIN?

Lynell Oliver Baker Memorial's EIN (Employer Identification Number) is 54-1521506. IRS Form 990 filing data is available on this page for 2020–2025.

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

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