Eugene Leonard Trust

Private foundation · Grantmaker Emmetsburg, IA EIN: 42-6582986

Eugene Leonard Trust is a private foundation, based in Emmetsburg, IA. IRS filing data is available from 2019 through 2025. As of 2025, the organization holds $2.2M in total assets. In 2025, it awarded 1 grant totaling $377K. Net investment income was $108K.

Eugene Leonard Trust at a glance

In short: Eugene Leonard Trust gave $377K across 1 grant in 2025 (avg $377K), mostly in Iowa. Source: 2025 IRS Form 990-PF.

Annual giving (2025)
$377,077
+150.0% vs 2024
Grants made (2025)
1
+0.0% vs 2024
Average grant
$377,077
+150.0% vs 2024
Median grant
$377,077
Total assets
$2,177,628
-2.2% vs 2024
Primary geography
Iowa (100% of itemized 2025 grant dollars)
Latest 990 filing
Form 990-PF, 2025 View filing

Data from IRS Form 990-PF, 2025; updated September 2026.

Who Eugene Leonard Trust funds

How this funder distributes its grants

Top Recipients

Top recipient in 2025

Ilcc: $377KIlcc$377K

The largest 2025 recipient was Ilcc ($377K).

Grant Size Distribution

5 grants across all recorded years

<$50K$50–100K4$100–250K1$250–500K$500K–1M$1–5M$5M+

The most common grant size was in the $100–250K range: 4 grants of 5 (80%).

Geographic Focus

Where this funder awards grants

Grant Distribution by State

1state

Share of the 2025 grant dollars on its one itemized grant.

States

Cities

EsthervilleEmmetsburg

How Eugene Leonard Trust gives

  • Giving grew 141% from 2022 to 2025. Method
  • In 2025 it paid out 100% of its IRS minimum distribution (the 5% rule). Method

From the foundation's IRS Form 990-PF filings. Methodology.

Giving History

Giving Over Time

Total grant dollars and number of grants per year

$0$100K$200K$300K$400K1 grant2019 1 grant2020 1 grant2021 1 grant2022 1 grant2023 1 grant2024 1 grant2025

From 2019 to 2025, annual grant giving ranged from $120K (2021) to $377K (2025). In 2025 it made 1 grant totaling $377K.

Grants by year

Grant recipients and amounts by year

RecipientPurposeAmount
Ilcc Emmetsburg, IAScholarships$377,077
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Financial History

Multi-year comparison from IRS filings

Figures from IRS filings, by filing year
Filing yearTotal AssetsRevenueExpensesGrants paidGrantsQualifying DistributionsNet Investment IncomeDistributable Amount
2025$2,177,628$193,001$462,468$377,0771$377,077$107,610$377,077
2024$2,227,482$169,511$195,058$150,8431$150,843$144,628$137,890
2023$2,253,956$172,401$197,562$152,4661$152,466$127,453$152,466
2022$2,283,209$163,274$203,066$156,5581$156,558$116,237$156,878
2021$2,286,449$160,702$160,702$120,0041$120,004$138,439$160,164
2020$2,288,476$163,313$163,313$121,9901—$143,020$146,373
2019$2,289,842$164,965$164,966$123,3571—$145,813$148,075

Under IRS private-foundation payout rules, Eugene Leonard Trust reported a distributable amount of $377K for 2025 — the minimum it must pay out in qualifying distributions.

Leadership & Key People

Officers and directors from IRS filings

Eugene Leonard Trust is led by John Brown, Trustee on every filing since 2019 — the only officer listed, and compensated.

Officers on the 2025 filing

  • John Brown

    Trustee

    On filings since 2019

    $18K (2025)

Data from IRS Form 990 filings, 2019–2025. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.

Compensation Overview

From 2025 IRS filing

John Brown — Trustee: $18KJohn BrownTrustee$18K

The highest reported compensation on the 2025 filing was $18K, to John Brown (Trustee).

Frequently asked questions about Eugene Leonard Trust

How much does Eugene Leonard Trust give each year?

Eugene Leonard Trust gave $377K across 1 grant in 2025, according to its 2025 IRS Form 990-PF. In 2024 it gave $151K across 1 grant.

How large is Eugene Leonard Trust?

Eugene Leonard Trust reported $2.2M in total assets on its 2025 IRS Form 990-PF. It paid out $377K in qualifying distributions that year, against a required minimum of $377K (roughly 5% of its investment assets).

Where does Eugene Leonard Trust operate?

Eugene Leonard Trust has awarded grants in Iowa.

What is Eugene Leonard Trust's EIN?

Eugene Leonard Trust's EIN (Employer Identification Number) is 42-6582986. IRS Form 990 filing data is available on this page for 2019–2025.

Data last updated September 2026. Sourced from IRS Form 990-PF filings.

Data update history

(8)

When this profile's IRS filing data changed on Grantable

  1. Updated Form 990-PF for fiscal year 2019 (received by the IRS February 10, 2020)
  2. Updated Form 990-PF for fiscal year 2020 (received by the IRS February 28, 2021)
  3. Updated Form 990-PF for fiscal year 2021 (received by the IRS February 28, 2022)
  4. Updated Form 990-PF for fiscal year 2022 (received by the IRS March 2, 2023)
  5. Updated Form 990-PF for fiscal year 2023 (received by the IRS May 29, 2024)
  6. Updated Form 990-PF for fiscal year 2024 (received by the IRS May 12, 2025)
  7. Added Form 990-PF for fiscal year 2025 (received by the IRS June 8, 2026)
  8. IRS filings on file for fiscal years 2019–2024

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The filing figures on this page are open data under CC BY 4.0. About GrantGraph Open

Figures come from Eugene Leonard Trust's IRS filings (methodology). AI-written summaries, news items and logos are not covered by the open licence. Spot an error? Email hello@grantable.co.

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