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Filing year 2024

LAFON FAMILY FOUNDATION INC

Charleston, West Virginia·EIN 46-1595475·NTEE T22 · Philanthropy, Voluntarism & Grantmaking Foundations·501(c)(3)
Total revenue
$106k
Total assets
$942k
Total expenses
$59k
Reported officers
4

Reported officers (all unpaid)

No paid executives reported in 2024. LAFON FAMILY FOUNDATION INC reported 4 unpaid officers and board members on its 990-PF.

President
Secretary
Treasurer
Vice President

Grants paid

Itemized grants reported on this foundation's 2024 Form 990-PF, Part XV.

Total granted

$54k

Itemized grants

5

Median grant

$5k

RecipientLocationPurposeAmount
WVU FOUNDATIONMORGANTOWN, WVTO SUPPORT THE ORGANIZATION'S MISSION TO ENRICH LIVES OF THOSE TOUCHED BY WEST VIRGINIA UNIVERSITY BY MAXIMIZING PRIVATE CHARITABLE SUPPORT AND PROVIDING SERVICES TO THE UNIVERSITY AND IT'S AFFILIATED ORGANIZATIONS.$40k
CLEVELAND CLINIC FOUNDATIONCLEVELAND, OHTO SUPPORT THE ORGANIZATION'S MISSION TO PROVIDE BETTER CARE OF THE SICK, INVESTIGATION IN THEIR PROBLEMS AND FURTHER EDUCATION OF THOSE WHO SERVE.$5k
HUNGRY LAMB FOOD INITIATIVE INCLOGAN, WVTO SUPPORT THE ORGANIZATION'S MISSION$5k
TERRA COTTA GOLF CHARITIESNAPLES, FLTO SUPPORT THE ORGANIZATION'S MISSION$3k
BOONE COUNTY CHAPTER OF THE WEST VIRGINIA UNIVERSITY ALUMNI ASSOCIATIONMADISON, WVTO SUPPORT THE ORGANIZATION'S MISSION$1k
Financial trend

Revenue and expenses over time

LAFON FAMILY FOUNDATION INC reported revenue and expenses across 2 filing years.

RevenueExpenses
$17k
$60k
2023
$106k
$59k
2024
Total revenue and total expenses from IRS Form 990 filings.

This is a private foundation. Peers are foundations of similar asset size (Under $1M), because foundation pay scales with assets under management, not revenue.

Sector benchmark

What Philanthropy, Voluntarism & Grantmaking executives earn in West Virginia

LAFON FAMILY FOUNDATION INC reported no executive compensation in its latest filing. For context, the highest-paid executive at a comparable philanthropy, voluntarism & grantmaking organization in West Virginia earns a median of $13,935.

25th percentile
$4k
Median
$13,935
75th percentile
$41k
90th percentile
$111k

These are philanthropy, voluntarism & grantmaking sector-wide figures, not this organization's reported pay. Based on 173 organizations across 173 filings (2022 – 2024).

See full Philanthropy, Voluntarism & Grantmaking pay data for West Virginia
FAQ

Common questions about LAFON FAMILY FOUNDATION INC

What are LAFON FAMILY FOUNDATION INC's revenue and expenses?

In 2024, LAFON FAMILY FOUNDATION INC reported $106k in total revenue and $59k in total expenses on its IRS Form 990.

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This is a private foundation. Peers are foundations of similar asset size (Under $1M), because foundation pay scales with assets under management, not revenue.