The Dew and Lily Foundation

Private foundation · Grantmaker Vernon, CA EIN: 85-6713767

The Dew and Lily Foundation is a private foundation, based in Vernon, CA. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $6.4M in total assets. In 2024, it awarded 8 grants totaling $349K.

Key facts about The Dew and Lily Foundation

In short: The Dew and Lily Foundation gave $349K across 8 grants in 2024 (avg $44K), mostly in California. Source: 2024 IRS Form 990-PF.

EIN
85-6713767
Latest 990 filing
Form 990-PF, 2024
Annual giving (2024)
$349,400
Grants made (2024)
8
Average grant
$43,675
Median grant
$37,500
Total assets
$6,373,199
Primary geography
California (94% of itemized 2024 grant dollars)

Data from IRS Form 990-PF, 2024; updated September 2026.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$6.4M

+34.7% YoY

Annual Giving

$349K

+598.8% YoY

Grant Count

8

+700.0% YoY

Avg Grant Size

$44K

-12.7% YoY

Under IRS private-foundation payout rules, The Dew and Lily Foundation reported a distributable amount of $251K for 2024 — the minimum it must pay out in qualifying distributions.

How The Dew and Lily Foundation gives

  • Giving grew 3394% from 2021 to 2024. Method
  • In 2024 it paid out 139% of its IRS minimum distribution (the 5% rule). Method

From the foundation's IRS Form 990-PF filings. Methodology.

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

4states

Share of 2024 grant dollars across all 8 itemized grants.

Cities

Los AngelesNew YorkPasadenaLos AlamitosMemphisNorth HollywoodSanta AnaWashington

Giving Over Time

Total grant dollars and number of grants per year

$0$100K$200K$300K$400K0 grants2020 1 grant2021 4 grants2022 1 grant2023 8 grants2024

From 2021 to 2024, annual grant giving ranged from $10K (2021) to $349K (2024). In 2024 it made 8 grants totaling $349K.

Grant Insights

How this funder distributes its grants

Top Recipients

Top 8 recipients in 2024

NLVC: $150KNLVC$150KHarvest Rock Church: $50KHarvest Rock Church$50KTHMC Church: $50KTHMC Church$50KHarvest International Ministry: $50KHarvest International Ministry$50KOakwood School: $25KOakwood School$25KUnicef USA: $20KUnicef USA$20KPava: $2KPava$2KBlue Ribbon Trust: $2KBlue Ribbon Trust$2K

The largest 2024 recipient was NLVC ($150K). Together the top 8 received $349K.

Grant Size Distribution

14 grants across all recorded years

9<$50K4$50–100K1$100–250K$250–500K$500K–1M$1–5M$5M+

The most common grant size was under $50K: 9 grants of 14 (64%).

Giving History

Grant recipients and amounts by year

RecipientPurposeAmount
NLVC Los Angeles, CAFinancial Support$150,000
Harvest Rock Church Pasadena, CAFinancial Support$50,000
THMC Church Los Angeles, CAFinancial Support$50,000
Harvest International Ministry Pasadena, CAFinancial Support$50,000
Oakwood School North Hollywood, CAFinancial Support$25,000
Unicef USA New York, NYFinancial Support$20,000
Pava Los Angeles, CAFinancial Support$2,400
Blue Ribbon Trust Los Angeles, CAFinancial Support$2,000

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$500K$1M$1.5M2020 2021 2022 2023 2024
Metric202420232022
Total Assets$6,373,199$4,731,675$2,739,082
Revenue$1,119,068$1,215,501$1,327,306
Expenses$414,735$92,487$118,839
Qualifying Distributions$349,400$50,000$95,000
Net Investment Income—$4,564—
Distributable Amount$251,137$164,790$90,283

Data update history

When this profile's IRS filing data changed on Grantable

  1. IRS filings on file for fiscal years 2020–2024

Leadership & Key People

Officers and directors from IRS filings

The Dew and Lily Foundation is led by Michael M Ning, Trustee on the 2024 filing — the only officer listed, and uncompensated.

Officers on the 2024 filing

  • Michael M Ning

    Trustee

    New on the 2024 filing

    10 hrs/week

    No compensation reported

Former officers (1)
  • Former: Dongsheng Ning (2020–2023) — Trustee

Data from IRS Form 990 filings, 2020–2024. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.

Frequently asked questions about The Dew and Lily Foundation

How much does The Dew and Lily Foundation give each year?

The Dew and Lily Foundation gave $349K across 8 grants in 2024, according to its 2024 IRS Form 990-PF. In 2023 it gave $50K across 1 grant.

What is The Dew and Lily Foundation's typical grant size?

The Dew and Lily Foundation's median grant in 2024 was $37,500, and its average grant was $43,675, across 8 grants on its 2024 IRS Form 990-PF.

Where does The Dew and Lily Foundation give grants?

The Dew and Lily Foundation gives mostly in California: 94% of the grant dollars itemized on its 2024 IRS Form 990-PF went to recipients there. The next largest state was New York (6%). The most frequent recipient cities were Los Angeles, CA (4 grants) and Pasadena, CA (2 grants).

Does The Dew and Lily Foundation give general operating support?

Not in 2024: none of the 8 grants with a stated purpose on The Dew and Lily Foundation's 2024 IRS Form 990-PF were described as general or operating support. Recurring purposes include "Financial Support" (8 grants).

Who are The Dew and Lily Foundation's largest grantees?

The Dew and Lily Foundation's largest 2024 grantees include NLVC ($150,000), Harvest Rock Church ($50,000) and THMC Church ($50,000), according to its 2024 IRS Form 990-PF. Together they received 72% of its itemized 2024 grant dollars.

How large is The Dew and Lily Foundation?

The Dew and Lily Foundation reported $6.4M in total assets on its 2024 IRS Form 990-PF. It paid out $349K in qualifying distributions that year, against a required minimum of $251K (roughly 5% of its investment assets).

What is The Dew and Lily Foundation's EIN?

The Dew and Lily Foundation's EIN (Employer Identification Number) is 85-6713767. IRS Form 990 filing data is available on this page for 2020–2024.

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

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