The Louise R Lester Foundation Inc

ROANOKE, VA EIN: 54-2036566

The Louise R Lester Foundation Inc is a private family foundation established in 2002 and based in Roanoke, Virginia. The foundation operates as a 501(c)(3) organization dedicated to philanthropic grantmaking across multiple states in the Southeast and beyond.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$13.3M

-0.4% YoY

Annual Giving

$634K

+0.1% YoY

Grant Count

39

-9.3% YoY

Avg Grant Size

$16K

+10.4% YoY

Under IRS private-foundation payout rules, The Louise R Lester Foundation Inc reported a distributable amount of $754K for 2024 — the minimum it must pay out in qualifying distributions.

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

Mission & Focus Areas

The foundation's primary funding interests include:

  • Education
  • Philanthropy, Voluntarism & Grantmaking
  • Human Services
  • STEM Education
  • Youth Education
  • Environmental Education
  • Scholarships and Higher Education

The foundation supports general operating support, educational programs, and specialized initiatives including the Seeds Project, Young Audiences Program, Young Life Summer Camp, Virtual Get Schooled Program, and TAP Tax Clinic.

Grantmaking

The foundation reports being open to new applicants.

Grant Range

** $500 to $75,000

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Geographic Focus

Where this funder awards grants

The foundation primarily supports organizations in:

  • Virginia
  • North Carolina
  • West Virginia
  • Idaho

Grant Distribution by State

4states

Cities

BekleyBooneBoones MillCaryCharlottesvilleDanvilleDawsonFrankfordHolly SpringsLewisburgMarlingtonMartinsvilleMeadow BridgeMonetaPatrick SpringsRainelleRaleighRenickRichmondRoanoke

Financial History

Multi-year comparison from IRS filings

Assets: $13,318,525 to $13,374,043 (as of 2023-2024)

Annual Giving: $634,040 (2024)

Revenue: $512,837 (2023)

Expenses: $938,919 (2023)

Investment Income: $393,105 (2023)

Giving Rate: 5.9%

Number of Employees: 1 (B.J. Robertson, Executive Director)

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$522K$1M$2M$2M20202021202220232024
Metric202420232022
Total Assets$13,318,525$13,374,043$13,795,978
Revenue$890,859$512,837$479,468
Expenses$946,084$938,919$1,035,967
Qualifying Distributions$805,859$799,000$874,805
Net Investment Income$756,549$375,377$344,164
Distributable Amount$753,533$718,346$750,233

Giving Over Time

Total grant dollars and number of grants per year

$0$178K$356K$534K$712K50 grants202054 grants202157 grants202243 grants202339 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 10 recipients in 2024

FRANKIE LEMMON FOUNDATION$63KEASTLAKE COMMUNITY CHURCH$50KRENEW A NATION$50KYMCA OF VIRGINIA'S BLUE …$50KRONALD MCDONALD HOUSE SWVA$32KAGAPE CENTER$29KGODS PIT CREW$20KGOOD SAMARITAN HOSPICE$20KVIRGINIA WESTERN COMMUNI…$20KSOUTHERN AREA AGENCY ON …$18K

Grant Size Distribution

232 grants across all recorded years

223<$50K9$50–100K$100–250K$250–500K$500K–1M$1–5M$5M+

Open Grants

1 open opportunity from The Louise R Lester Foundation Inc

Giving History

Grant recipients and amounts by year

Among its reported 2024 grants, the largest include Frankie Lemmon Foundation ($63,000), Eastlake Community Church ($50,000), Renew a Nation ($50,000).

RecipientPurposeAmount
AGAPE CENTER MONETA, VAFACILITY SUPPORT$29,240
AMERICAN ADVERTING FEDERATION OF ROANOKE ROANOKE, VATWO EPISODES OF BUZZ$10,000
BEAFOURT CO COMMUNITY COLLEGE FOUNDATION WASHINGTON, NCMINUTE MEALS PANTRY$10,000
BOYS AND GIRLS CLUB OF SWVA ROANOKE, VAGENERAL OPERATING SUPPORT$5,000
BRADY VALCHO AUTISM FOUNDATION HOLLY SPRINGS, NCGENERAL OPERATING$2,500
EASTLAKE COMMUNITY CHURCH MONETA, VABASEBALL FIELD FENCING$50,000
ESTEAMED COFFEE CARY, NCSOCIAL EVENTS PROGRAM$8,000
FREE ROANOKE ROANOKE, VAGENERAL OPERATING$7,500
FEEDING AMERICAN SWVA SALEM, VAGENERAL OPERATION/FOOD BANK&DISTRIBUTION$15,000
FIVE HEARTS THERAPUTIC HORSEMANSHIP RALEIGH, NCGENERAL OPERATING$7,000

Leadership & Key People

Leadership team and compensation from IRS filings

  • Elaine R. Zopp – President (5 hours/week)
  • Barry Robertson – Vice President (1 hour/week)
  • B.J. Robertson – Executive Director (40 hours/week, $96,082 annual compensation)
  • Suzanne R. Jones – Director (1 hour/week)
  • Laura B. Robertson – Director (1 hour/week)
  • Lindsey A. Coley – Secretary (1 hour/week)

Compensation Overview

From 2024 IRS filing

B J ROBERTSONEXECUTIVE DIRECTOR$101K

From 2024 filing

NameTitleHoursCompensation
ELAINE R ZOPPPRESIDENT5
BARRY ROBERTSONVICE PRESIDENT1
B J ROBERTSONEXECUTIVE DIRECTOR40$100,843
SUZANNE R JONESDIRECTOR1
LAURA B ROBERTSONDIRECTOR1
LINDSEY A COLEYSECRETARY1

Recent News & Activity

Recent developments and announcements

The foundation has made recent grants supporting food insecurity initiatives at Beaufort County Community College and provided scholarship funding to students. The foundation has also awarded grants to animal welfare organizations, including the SPCA of Martinsville Henry County, and continues to support educational expansion projects through organizations like the Frankie Lemmon Foundation.

The Louise R Lester Foundation Inc | Candid

Contact Information

Website: LRLFOUNDATION.ORG

Address: 3130 Chaparral Drive, Suite 108, Roanoke, VA 24018-4369

Phone: 540-595-7876

EIN: 54-2036566

Subject Areas

Focus areas based on grantmaking activity

Frequently Asked Questions

What does The Louise R Lester Foundation Inc fund?

The foundation's primary funding interests include: • Education • Philanthropy, Voluntarism & Grantmaking • Human Services • STEM Education • Youth Education • Environmental Education • Scholarships and Higher Education The foundation supports general operating support, educational programs, and specialized initiatives including the Seeds Project, Young Audiences Program, Young Life Summer Camp, Virtual Get Schooled Program, and TAP Tax Clinic.

How do I apply for a grant from The Louise R Lester Foundation Inc?

**Grant Range:** $500 to $75,000 **Recent Activity:** • Total giving in 2024: $634,040 • Total giving in 2023: $799,000 • Number of grants awarded in 2024: 43 grants • Number of grants awarded in 2023: 54 grants • Median grant amount: $10,000 **Grant Programs:** • General Operating Support (averaging $11,508-$11,667) • The Seeds Project (averaging $15,000) • Scholarship Program (averaging $22,500) • Young Audiences Program • Special Circumstance Donations (averaging $2,750) **Recent Grantees In…

Where does The Louise R Lester Foundation Inc make grants?

The foundation primarily supports organizations in: • Virginia • North Carolina • West Virginia • Idaho

What size grants does The Louise R Lester Foundation Inc award?

In 2024, The Louise R Lester Foundation Inc awarded 39 grants totaling $634K — an average of about $16K per grant, based on its IRS Form 990 filings.

How much is The Louise R Lester Foundation Inc required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2024, The Louise R Lester Foundation Inc reported a distributable amount of $754K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.

What is The Louise R Lester Foundation Inc's EIN?

The Louise R Lester Foundation Inc's EIN (Employer Identification Number) is 54-2036566. IRS Form 990 filing data is available on this page for 2020–2024.

Explore Open Grants

Browse active grant opportunities in The Louise R Lester Foundation Inc's focus areas in our free grants database

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

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