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Lance Robert Mclendon Foundation is a private corporation based in SHOAL CREEK, AL. The foundation received its IRS ruling in 2001. The principal officer is Benson R Mclendon Jr. It holds total assets of $970K. Annual income is reported at $283K. 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 2020 to 2023. The foundation primarily funds organizations in Alabama and Missouri. According to available records, Lance Robert Mclendon Foundation has made 15 grants totaling $182K, with a median grant of $10K. Annual giving has grown from $38K in 2021 to $48K in 2023. Grantmaking activity was highest in 2022 with $96K distributed across 8 grants. Individual grants have ranged from $3K to $25K, with an average award of $12K. The foundation has supported 4 unique organizations. Grants have been distributed to organizations in Alabama and Missouri. Contributions to this foundation are tax-deductible.
Smallest Grant
$3K
Median Grant
$10K
Average Grant
$24K
Largest Grant
$60K
Based on 3 grants from the most recent 990-PF filing.
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.
Lance Robert Mclendon Foundation primarily funds organizations in the area of philanthropy & grantmaking. Based on available records, the foundation has funded 15 grants. Its grantmaking reaches organizations primarily in AL, MO.
Lance Robert Mclendon Foundation has distributed a total of $182K across 15 grants. The median grant size is $10K, with an average of $12K. Individual grants have ranged from $3K to $25K.
Lance Robert Mclendon Foundation typically selects its grantees rather than accepting unsolicited proposals.
Lance Robert Mclendon Foundation is headquartered in SHOAL CREEK, AL. While based in AL, the foundation distributes grants to organizations across 2 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Joan G Mclendon | Secretary & Treasurer | $0 | $0 | N/A |
| Amy M Mclevaine | President | $0 | $0 | N/A |
| Jason Mclevaine | Vice President | $0 | $0 | N/A |
Total Giving
$53K
Total Assets
$1M
Fair Market Value
$1.2M
Net Worth
$1M
Grants Paid
$48K
Contributions
N/A
Net Investment Income
$39K
Distribution Amount
$57K
Total: $974K
Total Grants
15
Total Giving
$182K
Average Grant
$12K
Median Grant
$10K
Unique Recipients
4
Most Common Grant
$10K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Troy University FoundationGeneral Fund | Troy, AL | $25K | 2023 |
| Farmhouse FoundationGeneral Fund | Kansas City, MO | $10K | 2023 |
| Crohn'S & Colitis FoundationGeneral Fund | Birmingham, AL | $10K | 2023 |
| Campus OutreachGeneral Fund | Birmingham, AL | $3K | 2023 |
BIRMINGHAM, AL
BIRMINGHAM, AL
BIRMINGHAM, AL