//
Work at this foundation?
Claim this profile to manage it and see interest from grant seekers.
Lyla M Lynch Trust is a private association based in WINTERSET, IA. The foundation received its IRS ruling in 2006. The principal officer is Jerrold B Oliver. It holds total assets of $951K. Annual income is reported at $83K. The foundation is governed by 2 officers and trustees. The foundation operates in the area of education. According to its most recent filing, the foundation only makes contributions to preselected charitable organizations. Tax records are available from 2020 to 2023. Grantmaking is concentrated in Iowa. According to available records, Lyla M Lynch Trust has made 6 grants totaling $116K, with a median grant of $15K. The foundation has distributed between $55K and $61K annually from 2021 to 2022. Individual grants have ranged from $14K to $31K, with an average award of $19K. The foundation has supported 3 unique organizations. Grant recipients are concentrated in Iowa. Contributions to this foundation are tax-deductible.
Smallest Grant
$12K
Median Grant
$12K
Average Grant
$16K
Largest Grant
$24K
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.
Lyla M Lynch Trust primarily funds organizations in the area of education. Based on available records, the foundation has funded 6 grants. Its grantmaking reaches organizations primarily in IA.
Lyla M Lynch Trust has distributed a total of $116K across 6 grants. The median grant size is $15K, with an average of $19K. Individual grants have ranged from $14K to $31K.
Lyla M Lynch Trust typically selects its grantees rather than accepting unsolicited proposals.
Lyla M Lynch Trust is headquartered in WINTERSET, IA.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Farmers Merchants State Bank | Trustee | $10K | $0 | $10K |
| Jerrold B Oliver | Trustee | $250 | $0 | $250 |
Total Giving
$69K
Total Assets
$940K
Fair Market Value
$1.4M
Net Worth
$940K
Grants Paid
$56K
Contributions
N/A
Net Investment Income
$44K
Distribution Amount
$68K
Total: $700K
Total Grants
6
Total Giving
$116K
Average Grant
$19K
Median Grant
$15K
Unique Recipients
3
Most Common Grant
$14K
of 2022 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Interstate 35 School DistrictSCHOLARSHIPS | Truro, IA | $31K | 2022 |
| St Charles ParishMAINTENANCE & REPAIR | St Charles, IA | $15K | 2022 |
| St Charles Fire RescueEQUIPMENT & MAINTENANCE | St Charles, IA | $15K | 2022 |