George F & Mary L Leone Foundation
George F & Mary L Leone Foundation is a private foundation, based in FORT WORTH, TX. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $3.0M in total assets. In 2024, it awarded 7 grants totaling $190K. Net investment income was $156K.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$3.0M
-1.7% YoY
Annual Giving
$190K
+58.3% YoY
Grant Count
7
+250.0% YoY
Avg Grant Size
$27K
-54.8% YoY
Under IRS private-foundation payout rules, George F & Mary L Leone Foundation reported a distributable amount of $225K for 2024 — the minimum it must pay out in qualifying distributions.
About George F & Mary L Leone Foundation
Based on IRS filings
George F & Mary L Leone Foundation is a private foundation, based in FORT WORTH, TX. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $3.0M in total assets. In 2024, it awarded 7 grants totaling $190K. Net investment income was $156K.
Ready to take the next step with George F & Mary L Leone Foundation?
Geographic Focus
Where this funder awards grants
Grant Distribution by State
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $2,971,891 | $3,024,743 | $1,337,595 |
| Revenue | $155,806 | $120,722 | $86,589 |
| Expenses | $208,658 | $127,719 | $303,955 |
| Qualifying Distributions | $190,000 | $120,000 | $302,740 |
| Net Investment Income | $155,806 | $1,234,891 | $495,979 |
| Distributable Amount | $224,850 | $171,499 | $166,810 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 7 recipients in 2024
Grant Size Distribution
21 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include Texas Wesleyan University ($90,000), Sent Ventures ($30,000), Benedictine Monks ($25,000).
| Recipient | Purpose | Amount |
|---|---|---|
| TEXAS WESLEYAN UNIVERSITY FORT WORTH, TX | EDUCATION | $90,000 |
| TEXAS CHRISTIAN UNIVERSITY FORT WORTH, TX | EDUCATION | $10,000 |
| TOR FRANSCICANS CARROLLTON, TX | EDUCATION | $10,000 |
| DOMINICAN WESTERN PROV OAKLAND, CA | EDUCATION | $10,000 |
| SENT VENTURES VIENNA, VA | EDUCATION | $30,000 |
| BENEDICTINE MONKS | EDUCATION | $25,000 |
| PORCH DE SOLOMON FERNANDINA BEACH, FL | EDUCATION | $15,000 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
No officer/director data available.
Frequently Asked Questions
How large is George F & Mary L Leone Foundation?
As of 2024, George F & Mary L Leone Foundation holds $3.0M in total assets with $156K in annual revenue. It awarded 7 grants totaling $190K in 2024.
Where does George F & Mary L Leone Foundation operate?
George F & Mary L Leone Foundation has awarded grants in California, Florida, Texas, Virginia.
What size grants does George F & Mary L Leone Foundation award?
In 2024, George F & Mary L Leone Foundation awarded 7 grants totaling $190K — an average of about $27K per grant, based on its IRS Form 990 filings.
How much is George F & Mary L Leone Foundation required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, George F & Mary L Leone Foundation reported a distributable amount of $225K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is George F & Mary L Leone Foundation's EIN?
George F & Mary L Leone Foundation's EIN (Employer Identification Number) is 75-1574708. IRS Form 990 filing data is available on this page for 2020–2024.
Explore Open Grants
Browse active grant opportunities in George F & Mary L Leone Foundation's focus areas in our free grants database
Similar Funders
Funders that support many of the same organizations
Amon G Carter Foundation
FORT WORTH, TX
Assets
$553.1M
Grants
172
Total Given
$40.0M
Communities Foundation of Texas Inc
DALLAS, TX
Assets
$1.0B
Grants
2,182
Total Given
$143.6M
Once Upon a Time Foundation
FORT WORTH, TX
Assets
$276.7M
Grants
1,039
Total Given
$10.7M
Glaser Family Charitable Foundation
BONHAM, TX
Assets
$986K
Grants
55
Total Given
$88K
Jwc Family Foundation
FORT WORTH, TX
Assets
$1.1M
Grants
9
Total Given
$83K
The Robert A Welch Foundation
HOUSTON, TX
Assets
$619.0M
Grants
64
Total Given
$39.3M
Texas Instruments Foundation
DALLAS, TX
Assets
$73.0M
Grants
4,484
Total Given
$22.6M
Community Foundation of North Texas (tax
FORT WORTH, TX
Assets
$544.9M
Grants
872
Total Given
$41.3M
The Goodman Foundation Inc
SALISBURY, NC
Assets
$11.4M
Grants
61
Total Given
$626K
The Sumners Foundation
IRVING, TX
Assets
$74.1M
Grants
30
Total Given
$2.8M
Robert D and Catherine R Alexander
FORT WORTH, TX
Assets
$6.4M
Grants
25
Total Given
$366K
Tulsa Community Foundation
TULSA, OK
Assets
$1.1B
Grants
1,066
Total Given
$158.6M
More Funders in Texas
Data last updated April 2026. Sourced from IRS Form 990-PF filings.