The Monford D and Lucy L

LELAND, NC EIN: 54-1839172

The Monford D and Lucy L is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in LELAND, NC. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $1.7M in total assets. In 2024, it awarded 8 grants totaling $97K. Net investment income was $148K.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$1.7M

+2.6% YoY

Annual Giving

$97K

-2.9% YoY

Grant Count

8

+60.0% YoY

Avg Grant Size

$12K

-39.3% YoY

Under IRS private-foundation payout rules, The Monford D and Lucy L reported a distributable amount of $114K for 2024 — the minimum it must pay out in qualifying distributions.

About The Monford D and Lucy L

Based on IRS filings

The Monford D and Lucy L is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in LELAND, NC. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $1.7M in total assets. In 2024, it awarded 8 grants totaling $97K. Net investment income was $148K.

Ready to take the next step with The Monford D and Lucy L?

Geographic Focus

Where this funder awards grants

Grant Distribution by State

5states

Cities

AtlantaBerryvilleCamarilloCross JunctionGarden CityLiberty HillManchacaMiddleburgMiddletownRoanokeSanta PaulaSavannahSouthportTempleVirginia BeachWinchester

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$145K$289K$434K$579K20202021202220232024
Metric202420232022
Total Assets$1,653,264$1,611,863$1,601,369
Revenue$167,043$133,671$107,179
Expenses$125,642$123,177$125,180
Qualifying Distributions$106,910$108,067$105,426
Net Investment Income$148,311$118,561$91,469
Distributable Amount$113,775$105,118$109,060

Giving Over Time

Total grant dollars and number of grants per year

$0$25K$50K$75K$100K5 grants20204 grants20217 grants20225 grants20238 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 8 recipients in 2024

UNITED WAY OF ROANOKE$35KHOPE HOUSE$12KTIMBER RIDGE SCHOOL$12KARTS SOUTHEAST$11KFREEMONT STREET NURSERY …$9KLAUREL RIDGE CC EDUCATIO…$8KTEMPLE CHILDREN'S MUSEUM$5KNEW HOPE CLINIC$5K

Grant Size Distribution

29 grants across all recorded years

29<$50K$50–100K$100–250K$250–500K$500K–1M$1–5M$5M+

Giving History

Grant recipients and amounts by year

Among its reported 2024 grants, the largest include United Way of Roanoke ($35,000), Hope House ($12,000), Timber Ridge School ($12,000).

RecipientPurposeAmount
ARTS SOUTHEAST SAVANNAH, GAGENERAL SUPPORT$10,575
FREEMONT STREET NURSERY INC WINCHESTER, VAGENERAL SUPPORT$9,000
HOPE HOUSE LIBERTY HILL, TXGENERAL SUPPORT$12,000
LAUREL RIDGE CC EDUCATIONAL MIDDLETOWN, VAGENERAL SUPPORT$8,265
NEW HOPE CLINIC SOUTHPORT, NCGENERAL SUPPORT$5,000
TEMPLE CHILDREN'S MUSEUM TEMPLE, TXGENERAL SUPPORT$5,400
TIMBER RIDGE SCHOOL CROSS JUNCTION, VAGENERAL SUPPORT$12,000
UNITED WAY OF ROANOKE ROANOKE, VAGENERAL SUPPORT$35,000

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

From 2024 filing

NameTitleHoursCompensation
LINDA C RUSSELLPRESIDENT EMERITUS1
MONFORD D CUSTER IIIVP/TREAS/DIR1
ELLEN C MORGANVP/DIRECTOR1
DR HF SANDERSVP/DIRECTOR1
MR H F SANDERS IIIPRES/DIR1
MARY R CLEMONSDIRECTOR1

Subject Areas

Focus areas based on grantmaking activity

Frequently Asked Questions

What is The Monford D and Lucy L?

The Monford D and Lucy L is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in LELAND, NC. It holds $1.7M in total assets as of 2024.

How large is The Monford D and Lucy L?

As of 2024, The Monford D and Lucy L holds $1.7M in total assets with $167K in annual revenue. It awarded 8 grants totaling $97K in 2024.

Where does The Monford D and Lucy L operate?

The Monford D and Lucy L has awarded grants in California, Georgia, North Carolina, Texas, Virginia.

What size grants does The Monford D and Lucy L award?

In 2024, The Monford D and Lucy L awarded 8 grants totaling $97K — an average of about $12K per grant, based on its IRS Form 990 filings.

How much is The Monford D and Lucy L required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2024, The Monford D and Lucy L reported a distributable amount of $114K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.

What is The Monford D and Lucy L's EIN?

The Monford D and Lucy L's EIN (Employer Identification Number) is 54-1839172. IRS Form 990 filing data is available on this page for 2020–2024.

Explore Open Grants

Browse active grant opportunities in The Monford D and Lucy L's focus areas in our free grants database

Related Funders

Similar funders by location and focus area

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

What could you do with The Monford D and Lucy L 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 Monford D and Lucy L to a real strategy.

Plan your approach