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Filing year 2023

LACY FOUNDATION

Indianapolis, Indiana·EIN 23-7415837·NTEE T20 · Philanthropy, Voluntarism & Grantmaking Foundations·501(c)(3)

* Sector derived from filing type (Form 990-PF), not IRS-assigned

Total revenue
$761k
Total assets
$11.7M
Total expenses
$738k
Reported officers
5

Executive compensation

Form 990-PF · Part VIII · 1 reported individual · Filing year 2023

Percentile bands compare each position's total pay with the same role at Philanthropy, Voluntarism & Grantmaking organizations in Indiana.

President
Board President
Median to 75th percentile
$60k
$66k

Teal figures restate each filed amount in 2026 dollars.

Estimated with BLS CPI-U for the Midwest region, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.

Plus 4 unpaid individuals.

Browse compensation in Philanthropy, Voluntarism & Grantmaking

Pay in context

Top pay as a share of expenses

In 2023, the highest total compensation at LACY FOUNDATION equaled 8% of the organization's total expenses. The median for philanthropy, voluntarism & grantmaking organizations is 15%.

This organization (2023)
8%
Sector median
15%
Middle half of sector
5% to 24%

Based on 35,946 philanthropy, voluntarism & grantmaking organizations, each measured at its most recent filing year with reported expenses and compensation.

Grants paid

Itemized grants reported on this foundation's 2023 Form 990-PF, Part XV.

Total granted

$655k

Itemized grants

50

Median grant

$10k

RecipientLocationPurposeAmount
LEADERSHIP INDIANAPOLISINDIANAPOLIS, INGENERAL OPERATIONS$100k
INDIANA HISTORICAL SOCIETYINDIANAPOLIS, INGENERAL OPERATIONS$40k
INDIANA REPERTORY THEATREINDIANAPOLIS, INGENERAL OPERATIONS$35k
UNITED WAY OF CENTRAL INDIANAINDIANAPOLIS, INGENERAL OPERATIONS$30k
BALL STATE UNIVERSITY FOUNDATIONMUNCIE, INGENERAL OPERATIONS$25k
BENJAMIN HARRISON PRESIDENTIAL SITEINDIANAPOLIS, INGENERAL OPERATIONS$20k
COBURN PLACEINDIANAPOLIS, INGENERAL OPERATIONS$20k
NINE13 SPORTSINDIANAPOLIS, INGENERAL OPERATIONS$20k
MARIAN UNIVERSITYINDIANAPOLIS, INGENERAL OPERATIONS$20k
THE CABARETINDIANAPOLIS, INGENERAL OPERATIONS$20k
INDIANA STATE MUSEUM AND HISTORICAL SITESINDIANAPOLIS, INGENERAL OPERATIONS$20k
INDY CHAMBER FOUNDATION INCINDIANAPOLIS, INGENERAL OPERATIONS$20k
CICP FOUNDATION INCINDIANAPOLIS, INGENERAL OPERATIONS$17k
DRESS FOR SUCCESSINDIANAPOLIS, INGENERAL OPERATIONS$15k
CONNER PRAIRIEFISHERS, INGENERAL OPERATIONS$15k
HEARTLAND FILM INCINDIANAPOLIS, INGENERAL OPERATIONS$15k
LA PLAZA INCINDIANAPOLIS, INGENERAL OPERATIONS$15k
YOUNG ACTORS THEATREINDIANAPOLIS, INGENERAL OPERATIONS$15k
COLLEGE MENTORS FOR KIDSINDIANAPOLIS, INGENERAL OPERATIONS$15k
DISCOVERING BROADWAYCARMEL, INGENERAL OPERATIONS$15k
WOMEN4CHANGE INDIANAINDIANAPOLIS, INGENERAL OPERATIONS$15k
WOMEN'S FUND OF CENTRAL INDIANAINDIANAPOLIS, INGENERAL OPERATIONS$13k
SECOND HELPINGSINDIANAPOLIS, INGENERAL OPERATIONS$12k
GIRL SCOUTS OF CENTRAL INDIANAINDIANAPOLIS, INGENERAL OPERATIONS$10k
INDIANAPOLIS ART CENTERINDIANAPOLIS, INGENERAL OPERATIONS$10k
Compare this foundation's grantees

This is a private foundation. Peers are foundations of similar asset size ($10M - $25M), because foundation pay scales with assets under management, not revenue.

Among peers

Revenue and top compensation, plotted against similar organizations. This organization is highlighted in cyan.

FAQ

Common questions about LACY FOUNDATION

What does the Board President of LACY FOUNDATION earn?

In 2023, the Board President of LACY FOUNDATION received $60,000 in total compensation. This pay is above the median (the midpoint) for Board President roles among Philanthropy, Voluntarism & Grantmaking organizations in Indiana, within the top half of comparable filings. Based on IRS Form 990 data.

How does Board President pay at LACY FOUNDATION compare with similar nonprofits?

Compared with the same role at Philanthropy, Voluntarism & Grantmaking organizations in Indiana, the 2023 pay of the Board President at LACY FOUNDATION falls between the median and the 75th percentile. In 2023, the highest total compensation at LACY FOUNDATION equaled 8% of the organization's total expenses. The median for philanthropy, voluntarism & grantmaking organizations is 15%.

What are LACY FOUNDATION's revenue and expenses?

In 2023, LACY FOUNDATION reported $761k in total revenue and $738k in total expenses on its IRS Form 990.

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This is a private foundation. Peers are foundations of similar asset size ($10M - $25M), because foundation pay scales with assets under management, not revenue.