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Lyerly Foundation is a private corporation based in RADFORD, VA. The foundation received its IRS ruling in 2017. The principal officer is % David Lyerly. It holds total assets of $4M. Annual income is reported at $774K. The foundation operates in the area of philanthropy & grantmaking. According to available records, Lyerly Foundation has made 136 grants totaling $3.2M, with a median grant of $1K. Annual giving has grown from $122K in 2021 to $719K in 2023. Grantmaking activity was highest in 2022 with $2.3M distributed across 66 grants. Individual grants have ranged from $100 to $500K, with an average award of $23K. The foundation has supported 47 unique organizations. The foundation primarily supports organizations in Virginia, North Carolina, Kentucky, which account for 77% of all grants. Grantmaking reaches organizations across 14 states. Contributions to this foundation are tax-deductible.
Lyerly Foundation primarily funds organizations in the area of philanthropy & grantmaking. Based on available records, the foundation has funded 136 grants. Its grantmaking reaches organizations primarily in VA, NC, KY.
Lyerly Foundation has distributed a total of $3.2M across 136 grants. The median grant size is $1K, with an average of $23K. Individual grants have ranged from $100 to $500K.
THE FOUNDATION WILL DISBURSE FUNDS ONLY TO QUALIFYING TAX EXEMPT ORGANIZATIONS AS DEFINED IN IRC 501 (C)(3) WHOSE OPERATIONS ARE IN THE UNITED STATES.
Lyerly Foundation is headquartered in RADFORD, VA. While based in VA, the foundation distributes grants to organizations across 14 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Mary Denton Roberts | SEC/TREAS & DIRECTOR | $0 | $0 | $0 |
| David Lyerly | PRESIDENT & DIRECTOR | $0 | $0 | $0 |
Total Giving
$755K
Total Assets
$4.1M
Fair Market Value
$4.4M
Net Worth
$4.1M
Grants Paid
$719K
Contributions
$1M
Net Investment Income
$136K
Distribution Amount
$186K
Total: $192K
Total Grants
136
Total Giving
$3.2M
Average Grant
$23K
Median Grant
$1K
Unique Recipients
47
Most Common Grant
$1K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Salvation ArmyDONATION | Richmond, VA | $2K | 2023 |
| LamplightersDONATION | Radford, VA | $200 | 2023 |
| Salem Academy & CollegeDONATION | Winstonsalem, NC | $500K | 2023 |
| Virginia Tech Foundation IncDONATION | Blacksburg, VA | $105K | 2023 |
| Unc Arts And Sciences Foundtion Inc - Lyerly Student FundDONATION |
| 2019 | 990PF | View |
| 2017 | 990PF | View |
| Chapel Hill, NC |
| $26K |
| 2023 |
| Presbyterian MissionDONATION | Louisville, KY | $17K | 2023 |
| Radford City Schools - Partners For Excellence Foundation IncDONATION | Radford, VA | $10K | 2023 |
| Feeding America Southwest VaDONATION | Salem, VA | $10K | 2023 |
| Radford Fairlawn Daily BreadDONATION | Radford, VA | $5K | 2023 |
| Science Museum Of Western VirginiaDONATION | Roanoke, VA | $5K | 2023 |
| Heifer InternationalDONATION | Little Rock, AR | $5K | 2023 |
| Beans And RiceDONATION | Pulaski, VA | $5K | 2023 |
| American Society Of Tropical Medicine & HygieneDONATION | Arlington, VA | $5K | 2023 |
| Radford University FoundationDONATION | Radford, VA | $5K | 2023 |
| Radford Elf ShelfDONATION | Radford, VA | $3K | 2023 |
| Glencoe MuseumDONATION | Radford, VA | $3K | 2023 |
| Radford Clothing BankDONATION | Radford, VA | $2K | 2023 |
| Habitat For HumanityDONATION | Americus, GA | $2K | 2023 |
| Blue Ridge Mtn Council - Boy Scouts Of AmericaDONATION | Roanoke, VA | $1K | 2023 |
| Crohns And Colitis FoundationDONATION | Independence, OH | $1K | 2023 |
| Church World ServiceDONATION | Elkhart, IN | $1K | 2023 |
| Mightycause Charitable FoundationDONATION | Marianna, FL | $1K | 2023 |
| Doctors Without BordersDONATION | New York, NY | $1K | 2023 |
| Presbyterian Children'S Home Of The HighlandsDONATION | Wytheville, VA | $1K | 2023 |
| West Virginia Highlands ConservancyDONATION | Charleston, WV | $600 | 2023 |
| The Community Foundation Of The New River ValleyDONATION | Christiansburg, VA | $530 | 2023 |
| Wvtf And Radio IqDONATION | Roanoke, VA | $500 | 2023 |
| Spikenard Farm IncDONATION | Floyd, VA | $500 | 2023 |
| Saint Francis Service DogsDONATION | Roanoke, VA | $500 | 2023 |
| Grc Frontiers Of Science FundDONATION | East Greenwich, RI | $250 | 2023 |
| Blacksburg Master ChoraleDONATION | Blacksburg, VA | $250 | 2023 |
| Radford High School Bank BoostersDONATION | Radford, VA | $250 | 2023 |
| The Dollywood FoundationDONATION | Sevierville, TN | $125 | 2023 |
| Parkinsons Foundation IncDONATION | Miami, FL | $100 | 2023 |
| Virginia Bioscience FoundationDONATION | Richmond, VA | $200K | 2022 |
| New River Community College FoundationDONATION | Dublin, VA | $100K | 2022 |
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