The Monford D and Lucy L
LELAND, NC EIN: 54-1839172
Financial Overview
From 2024 IRS Form 990-PF
Total Assets
$1.7M
+2.6% YoY
Annual Giving
$97K
-2.9% YoY
Grant Count
8
+60.0% YoY
Avg Grant Size
$12K
-39.3% YoY
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Financial History
Multi-year comparison from IRS filings
Revenue
Expenses
Qualifying Distributions
Net Investment Income
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $1,653,264 | $1,611,863 | $1,601,369 |
| Revenue | $167,043 | $133,671 | $107,179 |
| Expenses | $125,642 | $123,177 | $125,180 |
| Qualifying Distributions | $106,910 | $108,067 | $105,426 |
| Net Investment Income | $148,311 | $118,561 | $91,469 |
| Distributable Amount | $113,775 | $105,118 | $109,060 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 8 recipients in 2024
Grant Size Distribution
29 grants across all recorded years
Giving History
Grant recipients and amounts by year
No grants recorded for .
Who else does The Monford D and Lucy L fund?
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Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| LINDA C RUSSELL | PRESIDENT EMERITUS | 1 | — |
| MONFORD D CUSTER III | VP/TREAS/DIR | 1 | — |
| ELLEN C MORGAN | VP/DIRECTOR | 1 | — |
| DR HF SANDERS | VP/DIRECTOR | 1 | — |
| MR H F SANDERS III | PRES/DIR | 1 | — |
| MARY R CLEMONS | DIRECTOR | 1 | — |
Geographic Focus
Where this funder has awarded grants
Grant Distribution by State
Virginia $231K (51%)
Georgia $94K (21%)
North Carolina $52K (11%)
Texas $44K (10%)
California $35K (8%)
Cities
AtlantaBerryvilleCamarilloCross JunctionGarden CityLiberty HillManchacaMiddleburgMiddletownRoanokeSanta PaulaSavannahSouthportTempleVirginia BeachWinchester
Data last updated March 2026. Sourced from IRS Form 990-PF filings.
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