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John And Louise Lally Foundation is a private corporation based in LEXINGTON, KY. The foundation received its IRS ruling in 2018. The principal officer is Hoogendoorn & Talbot Llp. It holds total assets of $9.6M. Annual income is reported at $3M. Total assets have grown from $1.4M in 2019 to $9.9M in 2023. The foundation is governed by 3 officers and trustees. The foundation operates in the area of philanthropy & grantmaking. According to its most recent filing, the foundation only makes contributions to preselected charitable organizations. Tax records are available from 2018 to 2023. According to available records, John And Louise Lally Foundation has made 2 grants totaling $525K, with a median grant of $263K. Annual giving has decreased from $500K in 2020 to $25K in 2023. Individual grants have ranged from $25K to $500K, with an average award of $263K. The foundation has supported 2 unique organizations. Grants have been distributed to organizations in Ohio and Kentucky. Contributions to this foundation are tax-deductible.
No program descriptions are available for this foundation. Many private foundations report program activities in their annual 990-PF filings — check the Tax Filings section below for the most recent filing.
John And Louise Lally Foundation primarily funds organizations in the area of philanthropy & grantmaking. Based on available records, the foundation has funded 2 grants. Its grantmaking reaches organizations primarily in OH, KY.
John And Louise Lally Foundation has distributed a total of $525K across 2 grants. The median grant size is $263K, with an average of $263K. Individual grants have ranged from $25K to $500K.
John And Louise Lally Foundation typically selects its grantees rather than accepting unsolicited proposals.
John And Louise Lally Foundation is headquartered in LEXINGTON, KY. While based in KY, the foundation distributes grants to organizations across 2 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Louise H Lally | DIRECTOR/PRESIDENT | $0 | $0 | N/A |
| Dana E Haugli | DIRECTOR/SECRETARY | $0 | $0 | N/A |
| Timothy C Lally | DIRECTOR/TREASURER | $0 | $0 | N/A |
Total Giving
$72K
Total Assets
$9.9M
Fair Market Value
$12.6M
Net Worth
$9.9M
Grants Paid
$25K
Contributions
N/A
Net Investment Income
$361K
Distribution Amount
$563K
Total: $9.5M
Total Grants
2
Total Giving
$525K
Average Grant
$263K
Median Grant
$263K
Unique Recipients
2
Most Common Grant
$500K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Master ProvisionsGENERAL FUND | Florence, KY | $25K | 2023 |
| Cleveland Clinic FoundationTO SUPPORT RESEARCH | Cleveland, OH | $500K | 2020 |
FT MITCHELL, KY
LAGRANGE, KY
COVINGTON, KY