The Lazy L Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in PASADENA, CA. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $6.9M in total assets. In 2024, it awarded 1 grants totaling $722K. Net investment income was $656K.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$6.9M
-0.5% YoY
Annual Giving
$722K
+51.0% YoY
Grant Count
1
+0.0% YoY
Avg Grant Size
$722K
+51.0% YoY
Under IRS private-foundation payout rules, The Lazy L Foundation reported a distributable amount of $1.1M for 2024 — the minimum it must pay out in qualifying distributions.
About The Lazy L Foundation
Based on IRS filings
The Lazy L Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in PASADENA, CA. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $6.9M in total assets. In 2024, it awarded 1 grants totaling $722K. Net investment income was $656K.
Focus Areas
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
States
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $6,943,131 | $6,981,417 | $6,684,700 |
| Revenue | $730,143 | $1,742,653 | $1,168,805 |
| Expenses | $796,536 | $550,928 | $1,420,136 |
| Qualifying Distributions | $796,536 | $550,928 | $1,420,136 |
| Net Investment Income | $655,807 | $1,420,000 | $1,036,273 |
| Distributable Amount | $1,072,756 | $803,332 | $870,459 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 1 recipients in 2024
Grant Size Distribution
5 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include See Schedule Attached ($722,200).
| Recipient | Purpose | Amount |
|---|---|---|
| SEE SCHEDULE ATTACHED JERICHO, NY | GENERAL | $722,200 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| EILEEN S LEECH | TRUSTEE | — | — |
| CATHERINE LEECH | DIRECTOR | — | $28,600 |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is The Lazy L Foundation?
The Lazy L Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in PASADENA, CA. It holds $6.9M in total assets as of 2024.
How large is The Lazy L Foundation?
As of 2024, The Lazy L Foundation holds $6.9M in total assets with $730K in annual revenue. It awarded 1 grants totaling $722K in 2024.
Where does The Lazy L Foundation operate?
The Lazy L Foundation has awarded grants in California, New York.
What size grants does The Lazy L Foundation award?
In 2024, The Lazy L Foundation awarded 1 grants totaling $722K — an average of about $722K per grant, based on its IRS Form 990 filings.
How much is The Lazy L Foundation required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, The Lazy L Foundation reported a distributable amount of $1.1M on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is The Lazy L Foundation's EIN?
The Lazy L Foundation's EIN (Employer Identification Number) is 26-6157542. IRS Form 990 filing data is available on this page for 2020–2024.
Explore Open Grants
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.
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