Leatherby Family Foundation
Leatherby Family Foundation is a private foundation, based in N Tustin, CA. IRS filing data is available from 2020 through 2025. As of 2025, the organization holds $535K in total assets. In 2025, it awarded 7 grants totaling $85K. Net investment income was $30K.
Key facts about Leatherby Family Foundation
In short: Leatherby Family Foundation gave $85K across 7 grants in 2025 (avg $12K), mostly in California. Source: 2025 IRS Form 990-PF.
- EIN
- 33-0409041
- Latest 990 filing
- Form 990-PF, 2025
- Annual giving (2025)
- $85,000
- Grants made (2025)
- 7
- Average grant
- $12,143
- Median grant
- $5,000
- Total assets
- $534,962
- Primary geography
- California (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
$535K
-9.7% YoY
Annual Giving
$85K
+112.5% YoY
Grant Count
7
-46.2% YoY
Avg Grant Size
$12K
+294.6% YoY
Under IRS private-foundation payout rules, Leatherby Family Foundation reported a distributable amount of $33K for 2025 — the minimum it must pay out in qualifying distributions.
How Leatherby Family Foundation gives
- Giving grew 145% from 2022 to 2025. Method
- In 2025 it paid out 262% of its IRS minimum distribution (the 5% rule). 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
Share of 2025 grant dollars across all 7 itemized grants.
States
Cities
Giving Over Time
Total grant dollars and number of grants per year
From 2020 to 2025, annual grant giving ranged from $35K (2022) to $85K (2025). In 2025 it made 7 grants totaling $85K.
Grant Insights
How this funder distributes its grants
Top Recipients
Top 7 recipients in 2025
The largest 2025 recipient was Pacific Symphony ($50K). Together the top 7 received $85K.
Grant Size Distribution
30 grants across all recorded years
The most common grant size was under $50K: 28 grants of 30 (93%).
Giving History
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| Pacific Symphony Irvine, CA | To Further Exempt Purpose | $50,000 |
| Backhaus Dance Orange, CA | To Further Exempt Purpose | $10,000 |
| Hoag Hospital Foundation Newport Beach, CA | To Further Exempt Purpose | $5,000 |
| Links Players Clovis, CA | To Further Exempt Purpose | $5,000 |
| Orange Lutheran School Orange, CA | To Further Exempt Purp | $5,000 |
| Pacifica Christian School Costa Mesa, CA | To Further Exempt Purpose | $5,000 |
| Roosters Foundation Oc Tustin, CA | To Further Exempt Purpose | $5,000 |
Financial History
Multi-year comparison from IRS filings
| Metric | 2025 | 2024 | 2023 |
|---|---|---|---|
| Total Assets | $534,962 | $592,343 | $611,355 |
| Revenue | $34,796 | $26,847 | $25,836 |
| Expenses | $92,177 | $45,859 | $61,557 |
| Qualifying Distributions | $86,762 | $41,275 | $57,275 |
| Net Investment Income | $29,681 | $22,263 | $17,456 |
| Distributable Amount | $33,136 | $33,761 | $33,067 |
Data update history
When this profile's IRS filing data changed on Grantable
- Added Form 990-PF for fiscal year 2025 (received by the IRS May 13, 2026)
- IRS filings on file for fiscal years 2020–2024
Leadership & Key People
Officers and directors from IRS filings
Leatherby Family Foundation is led by Joann Leatherby, President on every filing since 2020; none of the 3 officers listed in 2025 report compensation.
Officers on the 2025 filing
Joann Leatherby
President
On filings since 2020
2 hrs/week
No compensation reported
Kathryn Gillin
Director
On filings since 2020
0.5 hrs/week
No compensation reported
Russell Leatherby
Secretary & Treasurer
Sec-Trea → Secretary & Treasurer, 2023
On filings since 2020
1 hr/week
No compensation reported
Data from IRS Form 990 filings, 2020–2025. "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 Leatherby Family Foundation
How much does Leatherby Family Foundation give each year?
Leatherby Family Foundation gave $85K across 7 grants in 2025, according to its 2025 IRS Form 990-PF. In 2024 it gave $40K across 13 grants.
What is Leatherby Family Foundation's typical grant size?
Leatherby Family Foundation's median grant in 2025 was $5,000, and its average grant was $12,143, across 7 grants on its 2025 IRS Form 990-PF.
Where does Leatherby Family Foundation give grants?
Leatherby Family Foundation gives mostly in California: 100% of the grant dollars itemized on its 2025 IRS Form 990-PF went to recipients there. The most frequent recipient cities were Orange, CA (2 grants).
Who are Leatherby Family Foundation's largest grantees?
Leatherby Family Foundation's largest 2025 grantees include Pacific Symphony ($50,000), Backhaus Dance ($10,000) and Hoag Hospital Foundation ($5,000), according to its 2025 IRS Form 990-PF. Together they received 76% of its itemized 2025 grant dollars.
How large is Leatherby Family Foundation?
Leatherby Family Foundation reported $535K in total assets on its 2025 IRS Form 990-PF. It paid out $87K in qualifying distributions that year, against a required minimum of $33K (roughly 5% of its investment assets).
What is Leatherby Family Foundation's EIN?
Leatherby Family Foundation's EIN (Employer Identification Number) is 33-0409041. IRS Form 990 filing data is available on this page for 2020–2025.
Data last updated September 2026. Sourced from IRS Form 990-PF filings.
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