//
Work at this foundation?
Claim this profile to manage it and see interest from grant seekers.
Louise R Lester Foundation Inc. is a private corporation based in ROANOKE, VA. The foundation received its IRS ruling in 2002. The principal officer is Louise R Lester. It holds total assets of $13.3M. Annual income is reported at $4.2M. Total assets have grown from $183K in 2011 to $13.4M in 2023. The foundation is governed by 6 officers and trustees. The foundation operates in the area of philanthropy & grantmaking. Tax records are available from 2016 to 2023. The foundation primarily funds organizations in Virginia and West Virginia. According to available records, Louise R Lester Foundation Inc. has made 168 grants totaling $2.1M, with a median grant of $10K. Annual giving has grown from $643K in 2021 to $1.4M in 2022. Individual grants have ranged from $500 to $75K, with an average award of $12K. The foundation has supported 78 unique organizations. The foundation primarily supports organizations in Virginia, West Virginia, North Carolina, which account for 99% of all grants. Grantmaking reaches organizations across 4 states. Contributions to this foundation are tax-deductible.
Smallest Grant
$2K
Median Grant
$10K
Average Grant
$12K
Largest Grant
$50K
Based on 54 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.
Louise R Lester Foundation Inc. primarily funds organizations in the area of philanthropy & grantmaking. Based on available records, the foundation has funded 168 grants. Its grantmaking reaches organizations primarily in VA, WV, NC.
Louise R Lester Foundation Inc. has distributed a total of $2.1M across 168 grants. The median grant size is $10K, with an average of $12K. Individual grants have ranged from $500 to $75K.
The application deadline is GRANT SUBMISSION DEADLINES ARE POSTED ON THE FOUNDATION'S WEBSITE AT WWW.LRLFOUNDATION.ORG.. Guidelines on grant restrictions and other requirements are posted on the foundation's website at www.lrlfoundation.org.
Louise R Lester Foundation Inc. is headquartered in ROANOKE, VA. While based in VA, the foundation distributes grants to organizations across 4 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| B J Robertson | EXECUTIVE DIRECTOR | $91K | $23K | $114K |
| Barry Robertson | VICE PRESIDENT | $0 | $0 | N/A |
| Elaine R Zopp | PRESIDENT | $0 | $0 | N/A |
| Suzanne R Jones | DIRECTOR | $0 | $0 | N/A |
| Laura B Robertson | DIRECTOR | $0 | $0 | N/A |
| Lindsey A Coley | SECRETARY | $0 | $0 | N/A |
Total Giving
$939K
Total Assets
$13.4M
Fair Market Value
$15M
Net Worth
$13.4M
Grants Paid
$633K
Contributions
N/A
Net Investment Income
$375K
Distribution Amount
$718K
Total: $7M
Total Grants
168
Total Giving
$2.1M
Average Grant
$12K
Median Grant
$10K
Unique Recipients
78
Most Common Grant
$10K
of 2022 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Eastlake Community ChurchFOOTBALL FIELD LIGHTS | Moneta, VA | $75K | 2022 |
| Frankie Lemmon FoundationMULTIPURPOSE ROOM AV UPGRADES | Raleigh, NC | $35K | 2022 |
| Beafourt Co Community College FoundationSCHOLARSHIP FUND/ENDOWMENT | Washington, NC | $30K | 2022 |
| Agape CenterFOOD DISTRIBUTIONS PROJECTS | Moneta, VA | $30K | 2022 |
| Smith Mountain Lake Christian AcademySCHOLARSHIP PROGRAM | Moneta, VA | $25K | 2022 |
| Mill Mountain ZooZOO CHO PROJECT | Roanoke, VA | $25K | 2022 |
| Habitat For Humanity Roanoke ValleyGENERAL OPERATING | Roanoke, VA | $25K | 2022 |
| RenewanationNEW SCHOOL START UP | Roanoke, VA | $25K | 2022 |
| Virginia Western Community College FoundationSCHOLARSHIP PROGRAM | Roanoke, VA | $20K | 2022 |
| Healing Strides Of VirginiaOPERATING EXPENSES AND MENTAL HEALTH PILOT PROGRAM FOR SEXUAL ABUSE | Boones Mill, VA | $20K | 2022 |
| Habitat For Humanity Franklin CoAGING IN PLACE HOME REPAIRS | Rocky Mount, VA | $20K | 2022 |
| Children'S Assistive TechnologyGENERAL OPERATING SUPPORT | Moneta, VA | $20K | 2022 |
| Rescue Mission Of RoanokeSECURITY SYSTEM UPGRADE | Roanoke, VA | $20K | 2022 |
| Greenbrier County Youth CampTWO PORTABLE STORAGE SHEDS | Frankford, VA | $20K | 2022 |
| Spencer Penn CentreREFINISHING HARDWOOD FLOORS | Spencer, VA | $19K | 2022 |
| Spca Of Martinsville Henry CoFUND ADDITIONAL EQUIPMENT FOR LRL CLINIC | Martinsville, VA | $17K | 2022 |
| Seed Sowers Inc (Fruits Of Labor)THE SEEDS PROJECT | Bekley, WV | $15K | 2022 |
| Adult Care Center Of Roanoke ValleySUE NUTTER SCHOLARSHIP FUND/GEN OP | Salem, VA | $15K | 2022 |
| Renick Community CenterGENERAL OPERATING | Renick, WV | $12K | 2022 |
| Chip Of Roanoke ValleyGENERAL OPERATING | Roanoke, VA | $10K | 2022 |
| Virginia Children'S TheaterKALEIDOSCOPE PROGRAM | Roanoke, VA | $10K | 2022 |
| St Francis Service DogsFUND THE TRAINING OF A SERVICE DOG | Roanoke, VA | $10K | 2022 |
| Rx PartnershipGEN OPERATING/ACCESS TO MEDICATION PROGRAM | Richmond, VA | $10K | 2022 |
| God'S Pit CrewNEW CORDLESS POWER TOOLS | Danville, VA | $10K | 2022 |
| Feeding America SwvaGENERAL OPERATION/FOOD BANK DISTRIBUTION | Salem, VA | $10K | 2022 |
| American Advertising Federation Of RoanokeTWO EPISODE OF BUZZ | Roanoke, VA | $10K | 2022 |
| Communities In Schools Greenbrier CountySTUDENT SUPPORT COORDINATORS | Lewisburg, WV | $10K | 2022 |