The Lily Foundation logo

The Lily Foundation

WAYNE, PA EIN: 52-6854621 Website

The Lily Foundation is a 501(c)(3) private family foundation established in 1997 and headquartered in Wayne, Pennsylvania. The organization is classified as a grantmaking foundation under the National Taxonomy of Exempt Entities (NTEE) category "Philanthropy, Voluntarism, and Grantmaking Foundations N.E.C."

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$8.1M

-3.9% YoY

Annual Giving

$963K

+17.4% YoY

Grant Count

23

+0.0% YoY

Avg Grant Size

$42K

+17.4% YoY

Research compiled by Grantable AI from public sources. Last updated April 2026.

Grantmaking

The foundation operates as an active grantmaker, with annual expenses exceeding revenue, indicating regular distribution of funds to charitable purposes. Specific grant sizes, funding priorities, and application procedures are not detailed in available public sources.

Grant Range

s, funding priorities, and application procedures are not detailed in available public sources.

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

8states

Cities

ArdmoreBlue BellBoca GrandeCamdenCincinnatiConshohockenDevonExtonFort WashingtonGladwyneGoshenMediaMinneapolisMount VernonNew YorkNorristownPheonixvillePhiladelphiaPhoenixvilleRadnor

Financial History

Multi-year comparison from IRS filings

Based on the most recent available tax filings (2023):

  • Total Assets: $8.41 million
  • Total Liabilities: $0
  • Annual Revenue: $392,000 (2023)
  • Annual Expenses: $920,000 (2023)

The foundation has maintained tax-exempt status since January 1998 and is required to file Form 990-PF with the IRS.

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$294K$588K$883K$1M20202021202220232024
Metric202420232022
Total Assets$8,086,598$8,411,173$8,955,820
Revenue$745,364$391,666$630,776
Expenses$1,069,939$919,635$863,192
Qualifying Distributions$962,760$820,000$771,000
Net Investment Income$696,968$300,986$519,000
Distributable Amount$567,457$534,812$561,649

Giving Over Time

Total grant dollars and number of grants per year

$0$241K$481K$722K$963K18 grants202020 grants202122 grants202223 grants202323 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 10 recipients in 2024

ANTHONY WAYNE THEATER$250KGERMANTOWN ACADEMY$100KHELPUSADOPTORG$100KA BETTER CHANCE$50KPHILABUNDANCE$50KPLANNED PARENTHOOD OF SE…$50KRIVERBEND ENVIRONMENTAL …$50KWOMEN'S LAW PROJECT PHIL…$50KTHEATRE HORIZON$38KPETER'S PLACE$35K

Grant Size Distribution

106 grants across all recorded years

74<$50K23$50–100K7$100–250K2$250–500K$500K–1M$1–5M$5M+

Giving History

Grant recipients and amounts by year

No grants recorded for .

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

From 2024 filing

NameTitleHoursCompensation
ROBERT L MCNEIL IIITRUSTEE
JANE MCNEILTRUSTEE

Subject Areas

Focus areas based on grantmaking activity

Related Funders

Similar funders by location and focus area

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

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