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La-Z-Boy Foundation is a private corporation based in MONROE, MI. The foundation received its IRS ruling in 1955. It holds total assets of $26.4M. Annual income is reported at $19.3M. According to available records, La-Z-Boy Foundation has made 366 grants totaling $6M, with a median grant of $5K. Annual giving has grown from $1.4M in 2020 to $2.9M in 2022. Individual grants have ranged from $1K to $350K, with an average award of $16K. The foundation has supported 144 unique organizations. The foundation primarily supports organizations in Michigan, North Carolina, Tennessee, which account for 59% of all grants. Grantmaking reaches organizations across 11 states. Contributions to this foundation are tax-deductible.
La-Z-Boy Foundation is a private foundation that provides grants to eligible organizations. Based on available records, the foundation has funded 366 grants. Its grantmaking reaches organizations primarily in MI, NC, TN.
La-Z-Boy Foundation has distributed a total of $6M across 366 grants. The median grant size is $5K, with an average of $16K. Individual grants have ranged from $1K to $350K.
The application deadline is NONE NOTED. THE FOUNDATION GENERALLY ADHERES TO THE FOLLOWING GUIDELINES. 1. THE GEOGRAPHIC AREAS FOR GRANT CONSIDERATION ARE NORMALLY LIMITED TO COMMUNITIES WITHIN THE UNITED STATES WHERE LA-Z-BOY INCORPORATED MANUFACTURING FACILITIES ARE LOCATED AND WITHIN A 30 MILE RADIUS OF CORPORATE HEADQUARTERS. 2. THE FOUNDATION DOES NOT MAKE DIRECT GRANTS TO INDIVIDUALS. 3. THE FOUNDATION DOES NOT MAKE GRANTS FOR TRAVEL AND CONFERENCES. 4. THE FOUNDATION DOES NOT MAKE LOANS. 5. THE FOUNDATION DOES NOT PROVIDE STARTUP FUNDS OF SEED MONEY.
La-Z-Boy Foundation is headquartered in MONROE, MI. While based in MI, the foundation distributes grants to organizations across 11 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Lindsay A Barnes | DIRECTOR | $0 | $0 | $0 |
| Raphael Z Richmond | DIRECTOR | $0 | $0 | $0 |
| Susan J Vanisacker | ADMIN/TREASU | $0 | $0 | $0 |
| Melinda D Whittington | DIRECTOR | $0 | $0 | $0 |
| Christopher Knabusch | PRESIDENT | $0 | $0 | $0 |
Total Giving
$1.5M
Total Assets
$25.8M
Fair Market Value
$26.6M
Net Worth
$25.8M
Grants Paid
$1.4M
Contributions
$0
Net Investment Income
$1.6M
Distribution Amount
$1.3M
Total: $25.7M
Total Grants
366
Total Giving
$6M
Average Grant
$16K
Median Grant
$5K
Unique Recipients
144
Most Common Grant
$3K
of 2022 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Salvation ArmyHUMAN SERVICES | Monroe, MI | $30K | 2022 |
| Trinity LutheranHUMAN SERVICES | Monroe, MI | $25K | 2022 |
| River Raisin Nbp FoundationHUMANITIES | Monroe, MI | $140K | 2022 |
| Appalacian State UniversityEDUCATION-LIBRARIES | Boone, NC | $133K | 2022 |
| United Way Of Monroelenawee CoPUBLIC BENEFIT |
| Beth A Lambrix |
| SECRETARY |
| $0 |
| $0 |
| $0 |
| 2018 | 990PF | View |
| Monroe, MI |
| $110K |
| 2022 |
| Newton County High SchoolEDUCATION-LIBRARIES | Decatur, MS | $100K | 2022 |
| Monroe Family YmcaHUMAN SERVICES | Monroe, MI | $80K | 2022 |
| Gabbys Grief CenterHUMAN SERVICES | Monroe, MI | $80K | 2022 |
| Monroe Co Opp ProgHUMAN SERVICES | Monroe, MI | $60K | 2022 |
| Rhea County United WayPUBLIC BENEFIT | Dayton, TN | $60K | 2022 |
| Promedica FoundationHUMAN SERVICES | Toledo, OH | $50K | 2022 |
| Community Found Of Monroe CoPUBLIC BENEFIT | Monroe, MI | $41K | 2022 |
| American Red CrossHUMAN SERVICES | Detroit, MI | $40K | 2022 |
| Habitat For Humanity Mon CoHUMAN SERVICES | Monroe, MI | $35K | 2022 |
| Children'S Advocacy Center Of BentoHUMAN SERVICES | Rogers, AR | $33K | 2022 |
| Neosho United FundPUBLIC BENEFIT | Neosho, MO | $25K | 2022 |
| United Givers FundPUBLIC BENEFIT | Newton, MS | $25K | 2022 |
| Tscdba Imagination StationEDUCATION-LIBRARIES | Toledo, OH | $20K | 2022 |
| American Heart AssociationHEALTH CARE | Southfield, MI | $20K | 2022 |
| Monroe Co Business Dev CorpPUBLIC BENEFIT | Monroe, MI | $15K | 2022 |
| Fam Counseling & Shelter SvcsHUMAN SERVICES | Monroe, MI | $15K | 2022 |
| Rhea County Dept Of EdEDUCATION-LIBRARIES | Dayton, TN | $15K | 2022 |
| Neosho R-5 Schools Charitable FdnEDUCATION-LIBRARIES | Neosho, MO | $15K | 2022 |
| East Newton Charitable FoundationEDUCATION-LIBRARIES | Granby, MO | $13K | 2022 |
| Seneca R-7 Schools FoundationEDUCATION-LIBRARIES | Seneca, MO | $13K | 2022 |
| Caldwell Co United WayHUMAN SERVICES | Lenoir, NC | $10K | 2022 |
| Newton Co Food Basket BrigadeHUMAN SERVICES | Neosho, MO | $10K | 2022 |
| Rhea County Community CenterHUMAN SERVICES | Dayton, TN | $8K | 2022 |
| City Of Dayton Fire DepartmentPUBLIC BENEFIT | Dayton, TN | $8K | 2022 |
| Hickory Mission Food PantryHUMAN SERVICES | Wheatland, MO | $8K | 2022 |
| Jasper County Baptist EmergencyHUMAN SERVICES | Bay Springs, MS | $8K | 2022 |
| Rhea Of HopeHUMAN SERVICES | Dayton, TN | $8K | 2022 |
| Foundation At McccEDUCATION-LIBRARIES | Monroe, MI | $7K | 2022 |
| Newton County Sheriff DeptPUBLIC BENEFIT | Jasper, AR | $7K | 2022 |
| Rotary Club Of Siloam SpringsPUBLIC BENEFIT | Siloam Springs, AR | $6K | 2022 |
| Bright Futures Siloam SpringsHUMAN SERVICES | Siloam Springs, AR | $6K | 2022 |
| Talkington Foundation RecoveryHUMAN SERVICES | Neosho, MO | $5K | 2022 |
| Kind At Heart MinistriesPUBLIC BENEFIT | Siloam Springs, AR | $5K | 2022 |
| The Manna CenterHUMAN SERVICES | Siloam Springs, AR | $5K | 2022 |
| Alexander County United WayHUMAN SERVICES | Taylorsville, NC | $5K | 2022 |
| Rhea County Sheriffs OfficePUBLIC BENEFIT | Dayton, TN | $5K | 2022 |
| Girl Scouts Of Se MichiganHUMAN SERVICES | Detroit, MI | $5K | 2022 |
| American Legion Siloam Post 29PUBLIC BENEFIT | Siloam Springs, AR | $5K | 2022 |
| We Are The 22PUBLIC BENEFIT | Roland, AR | $5K | 2022 |
| Westview School DistrictEDUCATION-LIBRARIES | Neosho, MO | $5K | 2022 |
| 12th Judicial Dist Childrens AdvocaHUMAN SERVICES | Whitwell, TN | $5K | 2022 |
| County Of MonroePUBLIC BENEFIT | Monroe, MI | $5K | 2022 |
| Ss Senior Activity CenterPUBLIC BENEFIT | Siloam Springs, AR | $5K | 2022 |
| Sunshine School & DevelopmentEDUCATION-LIBRARIES | Rogers, AR | $5K | 2022 |
| Newton Volunteer Fire DeptPUBLIC BENEFIT | Newton, MS | $4K | 2022 |
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