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
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.
Focus Areas
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| 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
Grant Insights
How this funder distributes its grants
Top Recipients
Top 8 recipients in 2024
Grant Size Distribution
29 grants across all recorded years
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
| Name | Title | Hours | Compensation |
|---|---|---|---|
| LINDA C RUSSELL | PRESIDENT EMERITUS | 1 | — |
| MONFORD D CUSTER III | VP/TREAS/DIR | 1 | — |
| ELLEN C MORGAN | VP/DIRECTOR | 1 | — |
| DR HF SANDERS | VP/DIRECTOR | 1 | — |
| MR H F SANDERS III | PRES/DIR | 1 | — |
| MARY R CLEMONS | DIRECTOR | 1 | — |
Subject Areas
Focus areas based on grantmaking activity
Related Funders
Similar funders by location and focus area
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.
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