The Lexington Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in LEXINGTON, MS. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $1.3M in total assets. In 2024, it awarded 4 grants totaling $81K.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$1.3M
-5.1% YoY
Annual Giving
$81K
-30.1% YoY
Grant Count
4
+0.0% YoY
Avg Grant Size
$20K
-30.1% YoY
Under IRS private-foundation payout rules, The Lexington Foundation reported a distributable amount of $71K for 2024 — the minimum it must pay out in qualifying distributions.
About The Lexington Foundation
Based on IRS filings
The Lexington Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in LEXINGTON, MS. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $1.3M in total assets. In 2024, it awarded 4 grants totaling $81K.
Focus Areas
Ready to take the next step with The Lexington Foundation?
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 | $1,338,990 | $1,411,687 | $1,481,350 |
| Revenue | $129,595 | $139,842 | $83,028 |
| Expenses | $202,291 | $209,507 | $124,568 |
| Qualifying Distributions | $83,624 | $116,466 | $40,381 |
| Net Investment Income | — | — | — |
| Distributable Amount | $70,881 | $67,684 | $71,413 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 4 recipients in 2024
Grant Size Distribution
24 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include Schools & Educ Orgn's ($54,005), Direct Aid to Community ($17,301), Family Aid Organizations ($7,500).
| Recipient | Purpose | Amount |
|---|---|---|
| INDIVIDUAL SCHOOL MINISTRIES LEXINGTON, MS | SCHOLARSHIPS | $2,000 |
| SCHOOLS & EDUC ORGN'S LEXINGTON, MS | FUND EDUC PROGRAMS | $54,005 |
| FAMILY AID ORGANIZATIONS LEXINGTON, MS | AID TO FAMILIES IN FIN CRISIS | $7,500 |
| DIRECT AID TO COMMUNITY LEXINGTON, MS | AID TO COMMUNITY MEMBERS | $17,301 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| MATTHEW L RILEY | SECRETARY/TR | — | — |
| KATHERINE BARRETT RILEY | PRESIDENT | — | — |
| RICHARD BARRETT | DIRECTOR | — | — |
| CAROLYN S MYRICK | EXEC DIRECTO | 0.5 | $600 |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is The Lexington Foundation?
The Lexington Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in LEXINGTON, MS. It holds $1.3M in total assets as of 2024.
How large is The Lexington Foundation?
As of 2024, The Lexington Foundation holds $1.3M in total assets with $130K in annual revenue. It awarded 4 grants totaling $81K in 2024.
Where does The Lexington Foundation operate?
The Lexington Foundation has awarded grants in Mississippi.
What size grants does The Lexington Foundation award?
In 2024, The Lexington Foundation awarded 4 grants totaling $81K — an average of about $20K per grant, based on its IRS Form 990 filings.
How much is The Lexington Foundation required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, The Lexington Foundation reported a distributable amount of $71K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is The Lexington Foundation's EIN?
The Lexington Foundation's EIN (Employer Identification Number) is 64-0912814. IRS Form 990 filing data is available on this page for 2020–2024.
Explore Open Grants
Browse active grant opportunities in The Lexington Foundation's focus areas in our free grants database
Similar Funders
Funders that support many of the same organizations
Tutoring America Inc
NEW YORK, NY
Assets
$6K
Grants
1
Total Given
$15K
Ergon Foundation Inc
JACKSON, MS
Assets
$210.7M
Grants
158
Total Given
$10.8M
Community Foundation for Mississippi
JACKSON, MS
Assets
$90.3M
Grants
104
Total Given
$6.2M
Pinebelt Foundation
HATTIESBURG, MS
Assets
$36.4M
Grants
101
Total Given
$6.0M
Franks Foundation
BOONEVILLE, MS
Assets
—
Grants
96
Total Given
$106K
Community Foundation of Northwest
HERNANDO, MS
Assets
$48.6M
Grants
96
Total Given
$4.4M
Grand Lodge of Mississippi Foundati
MERIDIAN, MS
Assets
$6.1M
Grants
76
Total Given
$123K
Mississippi Power Foundation Inc
GULFPORT, MS
Assets
$46.3M
Grants
72
Total Given
$3.4M
Reed Family Charitable Foundation
GREENVILLE, MS
Assets
$129K
Grants
72
Total Given
$463K
Gulf Coast Community Foundation Inc
GULFPORT, MS
Assets
$37.1M
Grants
71
Total Given
$3.5M
Phil Hardin Foundation
MERIDIAN, MS
Assets
$63.7M
Grants
67
Total Given
$4.3M
Leo W Seal Jr Family Foundation
BAY ST LOUIS, MS
Assets
$11.6M
Grants
62
Total Given
$563K
Data last updated April 2026. Sourced from IRS Form 990-PF filings.
What could you do with The Lexington Foundation on Grantable?
- Assess strategic fit with your organization
- Draft a tailored letter of inquiry
- Find open RFPs from this funder
- Monitor for new funding opportunities
Go from researching The Lexington Foundation to a real strategy.