The Virginia State Capitol

Form 990-PFTax year 2024EIN 52-1205924

Lacy Foundation

A private foundation in Martinsville, VA. Its return for tax year 2024 lists 9 grants and $153,100 paid in grants.

Tax year 2024 (period ending Aug 31, 2025), read from the IRS e-file on Nov 11, 2026. Returns reach the IRS 5 to 18 months after the year they describe.

How to apply

Preselected only

The return checks the box saying the foundation gives only to preselected organizations and does not accept unsolicited requests.

Assets and giving by year

6 returns on file
Grants paid by tax year. The latest year is in blue.
  • Tax year 2024

    $153,100

    Grants listed
    9
    Assets, end of year
    $2,042,393
  • Tax year 2023

    $144,750

    Grants listed
    8
    Assets, end of year
    $2,044,962
  • Tax year 2022

    $121,000

    Grants listed
    8
    Assets, end of year
    $2,114,649
  • Tax year 2021

    $160,000

    Grants listed
    10
    Assets, end of year
    $2,237,145
  • Tax year 2020

    $161,000

    Grants listed
    11
    Assets, end of year
    $2,039,340
  • Tax year 2019

    $183,300

    Grants listed
    12
    Assets, end of year
    $2,044,471

Grants paid in 2024

9 grants, largest first

As listed on the return.

  1. Senior Servicesmeals on WheelsWinstonsalem, NC

    Promoting health and well being of senior citizens by delivering food to their homes

    $25,000
  2. Breakthrough ManchesterManchester, NH

    Students teaching students program designed to close the educational opportunity gap

    $23,100
  3. Crisis Control MinistryWinston Salem, NC

    To provide assistance to indigent families

    $20,000
  4. Grace Network of Martinsvillehenry CountyMartinsville, VA

    Helping struggling families to meet various needs

    $20,000
  5. United Way of Martinsvillehenry County (hope & Smart Beginnings)Martinsville, VA

    To provide assistance to the community

    $20,000
  6. Experiment in Self-RelianceWinston Salem, NC

    Capital campaign to build facility to house programs - helping struggling families to help themselves

    $15,000
  7. Community StorehouseMartinsville, VA

    To feed those in need, reduce food waste, and educate the community on the issues of hunger and nutrition

    $10,000
  8. Family YMCA Building A Healthy CommunityMartinsville, VA

    To provide assistance for scholarships for needy children

    $10,000
  9. Safetynet IncMartinsville, VA

    To provide assistance to needy families who may not qualify for other assistance

    $10,000

Where the money goes

By cause: grants to organizations we matched to the IRS list of exempt organizations, by their category.

  1. Human services3 grants $40,000100% of the total

By State

Grants to organizations with a US address, latest year.

  1. Virginia5 grants $70,000
  2. North Carolina3 grants $60,000
  3. New Hampshire1 grant $23,100

Officers, directors and trustees

10 people as filed

As filed on the return, with average hours per week and pay from the foundation.

  • Frank Lacy JrPRESIDENT Hours 0.2Pay $0
  • Richard W CritzSECRETARY Hours 0.2Pay $0
  • Edward S LacyDIRECTOR Hours 0.05Pay $0
  • Brent M LacyDIRECTOR Hours 0.05Pay $0
  • Frank M James IIIDIRECTOR Hours 0.2Pay $0
  • Lacy JamesDIRECTOR Hours 0.05Pay $0
  • Kierra JamesTREASURER Hours 0.05Pay $0
  • Patrick CritzDIRECTOR Hours 0.05Pay $0
  • Madeline JamesDIRECTOR Hours 0.05Pay $0
  • Tyler CritzDIRECTOR Hours 0.05Pay $0

The return

More foundations

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Same main cause (human services), giving between a quarter and four times this foundation’s where possible, nearby first.

  1. Viapath FoundationFalls Church, VA 14 grants Preselected only $151,500 giving
  2. Vubay FoundationHampton, VA 16 grants Accepts applications $155,500 giving
  3. Hebrew Fund for the Aged of RichmondHenrico, VA 2 grants Preselected only $150,000 giving
  4. Damuth Family FoundationChesapeake, VA 5 grants Preselected only $160,000 giving
  5. Cloudbreak Foundation IncMcLean, VA 21 grants Accepts applications $145,980 giving