Lacy Foundation
- Assets
- $0.0
- Revenue
- $562.7k
- Investments
- $363.3k
- Employees
- 0
- Location
- Atlanta, GA
- Founding
- 08/1957
- Data as of
- 10/2020
- EIN
- 58-6034851
Organization Overview
Lacy Foundation is located in Atlanta, GA. The organization was established in 1957. According to its NTEE Classification (T20) the organization is classified as: Private Grantmaking Foundations, under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Lacy Foundation is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 10/2020, Lacy Foundation generated $562.7k in total revenue. This organization has experienced exceptional growth, as over the past 6 years, it has increased revenue by an average of 42.1% each year . All expenses for the organization totaled $132.4k during the year ending 10/2020. While expenses have increased by 1.3% per year over the past 6 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Since 2016, Lacy Foundation has awarded 184 individual grants totaling $752,500. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Douglas F Lacy Chairman & COO | 1 | $0 | |
Lynda L Ramseur Vice-Chair & Treasurer | 1 | $0 | |
Erin M Lacy Trustee | 1 | $0 | |
Benjamin A Lacy Trustee | 1 | $0 | |
James Ryan Ramseur Trustee | 1 | $0 | |
Rebecca A Klinger Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $79 |
| Dividends & Interest | $64,901 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $562,653 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Pension plans, employee benefits | $0 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Total operating and administrative expenses | $4,912 |
| Contributions, gifts, grants paid | $127,500 |
| Total expenses and disbursements | $132,412 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $10,586 |
| Investments—mortgage loans | $0 |
| Investments—other | $0 |
| Other assets | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $0 |
Grants Awarded
Over the last fiscal year, Lacy Foundation has awarded $255,000 in support to 50 organizations.
| Grant Recipient | Amount |
|---|---|
Atlanta, GA PURPOSE: MUSIC THERAPY PROGRAM; CANCER CENTER | $30,000 |
Atlanta, GA PURPOSE: MUSIC THERAPY PROGRAM; CANCER CENTER | $30,000 |
COCO'S CUPBOARD INC PURPOSE: TO HELP REDUCE ABANDONED PETS IN PIKE COUNTY. | $30,000 |
COCO'S CUPBOARD INC PURPOSE: TO HELP REDUCE ABANDONED PETS IN PIKE COUNTY. | $30,000 |
Smyrna, GA PURPOSE: GENERAL SUPPORT | $10,000 |
Smyrna, GA PURPOSE: GENERAL SUPPORT | $10,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Trousdale Foundation Inc Cleveland, TN | $157,578,588 | $76,137,385 |
The United Methodist Retirement Homes Inc Durham, NC | $351,992,425 | $85,120,969 |
The Murray & Sydell Rosenberg Foundation Inc Atlanta, GA | $5,561,714 | $74,985,544 |
Joseph B Whitehead Foundation Atlanta, GA | $148,285,590 | $58,163,845 |
Emergency Assistance Foundation Inc West Palm Beach, FL | $75,784,415 | $87,494,207 |
Winshape Foundation Inc Atlanta, GA | $1,733,664,901 | $22,099,572 |
A Good Name Foundation Inc Atlanta, GA | $709,299,721 | $33,917,740 |
Jane Woodruff Foundation Inc Atlanta, GA | $0 | $54,999,988 |
Truist Foundation Inc Orlando, FL | $535,253,915 | $119,578,224 |
Ups Foundation Inc Atlanta, GA | $8,317,427 | $54,799,163 |
Leslie L Alexander Foundation Delray Beach, FL | $372,501,228 | $8,282,313 |
Dogwood Health Trust Asheville, NC | $1,386,374,836 | $630,200,598 |