Kenneth and Leona Larrance

Private foundation · Grantmaker Lakeland, FL EIN: 36-3534360

Kenneth and Leona Larrance is a private foundation focused on Education, based in Lakeland, FL. IRS filing data is available from 2019 through 2025. As of 2025, the organization holds $1.4M in total assets. In 2025, it awarded 1 grant totaling $65K. Net investment income was $89K.

Key facts about Kenneth and Leona Larrance

In short: Kenneth and Leona Larrance gave $65K across 1 grant in 2025 (avg $65K), mostly in Illinois. Source: 2025 IRS Form 990-PF.

EIN
36-3534360
Latest 990 filing
Form 990-PF, 2025
Annual giving (2025)
$65,077
Grants made (2025)
1
Average grant
$65,077
Median grant
$65,077
Total assets
$1,431,391
Primary geography
Illinois (100% of itemized 2025 grant dollars)

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

Financial Overview

From 2025 IRS Form 990-PF · View filing

Total Assets

$1.4M

+10.0% YoY

Annual Giving

$65K

+6.6% YoY

Grant Count

1

+0.0% YoY

Avg Grant Size

$65K

+6.6% YoY

Under IRS private-foundation payout rules, Kenneth and Leona Larrance reported a distributable amount of $71K for 2025 — the minimum it must pay out in qualifying distributions.

How Kenneth and Leona Larrance gives

  • Giving held roughly steady from 2022 to 2025 (+15%). Method
  • In 2025 it paid out 92% of its IRS minimum distribution (the 5% rule). Foundations have until the end of the next year to meet it. Method

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

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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

Naperville

Giving Over Time

Total grant dollars and number of grants per year

$0$20K$40K$60K$80K1 grant2019 1 grant2022 1 grant2023 1 grant2024 1 grant2025

From 2019 to 2025, annual grant giving ranged from $49K (2019) to $65K (2025). In 2025 it made 1 grant totaling $65K.

Grant Insights

How this funder distributes its grants

Top Recipients

Top recipient in 2025

N Central College: $65KN Central College$65K

The largest 2025 recipient was N Central College ($65K).

Grant Size Distribution

5 grants across all recorded years

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

The most common grant size was in the $50–100K range: 4 grants of 5 (80%).

Giving History

Grant recipients and amounts by year

RecipientPurposeAmount
N Central College Naperville, ILEducational Scholarships$65,077

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$50K$100K$150K2019 2022 2023 2024 2025
Metric202520242023
Total Assets$1,431,391$1,301,225$1,221,379
Revenue$107,162$87,099$51,162
Expenses$82,963$78,449$69,682
Qualifying Distributions$65,077$61,069$54,108
Net Investment Income$89,276$69,719$35,588
Distributable Amount$70,975$61,150$57,523

Data update history

When this profile's IRS filing data changed on Grantable

  1. Updated Form 990-PF for fiscal year 2019 (received by the IRS June 9, 2020)
  2. Added Form 990-PF for fiscal year 2025 (received by the IRS May 14, 2026)
  3. IRS filings on file for fiscal years 2019–2024

Leadership & Key People

Officers and directors from IRS filings

Kenneth and Leona Larrance's only listed officer is Citizens Bank Trust, Trustee on every filing since 2019 (uncompensated).

Officers on the 2025 filing

  • Citizens Bank Trust

    Trustee

    On filings since 2019

    No compensation reported

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.

Frequently asked questions about Kenneth and Leona Larrance

How much does Kenneth and Leona Larrance give each year?

Kenneth and Leona Larrance gave $65K across 1 grant in 2025, according to its 2025 IRS Form 990-PF. In 2024 it gave $61K across 1 grant.

How large is Kenneth and Leona Larrance?

Kenneth and Leona Larrance reported $1.4M in total assets on its 2025 IRS Form 990-PF. It paid out $65K in qualifying distributions that year, against a required minimum of $71K (roughly 5% of its investment assets). Falling short in one year is not a violation: foundations have until the end of the next year to meet the minimum.

What is Kenneth and Leona Larrance?

Kenneth and Leona Larrance is a private foundation focused on Education, based in Lakeland, FL. It holds $1.4M in total assets as of 2025.

Where does Kenneth and Leona Larrance operate?

Kenneth and Leona Larrance has awarded grants in Illinois.

What is Kenneth and Leona Larrance's EIN?

Kenneth and Leona Larrance's EIN (Employer Identification Number) is 36-3534360. 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.

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