Leeper Scholarship Foundation
Leeper Scholarship Foundation is a private foundation located in Lineville, Iowa. Its 2025 filing reports grants to individual recipients for academic scholarships.
Leeper Scholarship Foundation at a glance
In short: Leeper Scholarship Foundation gave $32K across 14 grants in 2025 (avg $2K), mostly in Iowa. Source: 2025 IRS Form 990-PF.
- Annual giving (2025)
- $32,400
- -20.0% vs 2024
- Grants made (2025)
- 14
- +7.7% vs 2024
- Average grant
- $2,314
- -25.7% vs 2024
- Median grant
- $3,300
- Total assets
- $644,379
- +1.2% 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 October 2026.
How to apply to Leeper Scholarship Foundation
- Review Cycle
- The 2024 filing lists the deadline as the first Monday following March 20 of the calendar year. The 2024 cycle has passed.
- Deadline
- The 2024 filing lists the deadline as the first Monday following March 20 of the calendar year.
- Contact
Application contact: Leeper Scholarship Foundation
Mailing address: 1686 Cedar Road, Lineville, IA 50147
Phone: (641) 414-1575
Application details from Grantable's research on the foundation's public materials; confirm on its website before applying.
Who Leeper Scholarship Foundation funds
How this funder distributes its grants
Grant Size Distribution
75 grants across all recorded years
The most common grant size was under $50K: 75 grants of 75 (100%).
Geographic Focus
Where this funder awards grants
All grant dollars in 2025 went to recipients in Iowa. The 2024 filing restricts awards to residents of specified townships in Wayne or Decatur Counties, Iowa.
Grant Distribution by State
Share of 2025 grant dollars across all 14 itemized grants.
States
Cities
How Leeper Scholarship Foundation gives
- Giving grew 55% from 2022 to 2025. Method
- In 2025 it paid out 84% 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.
Giving History
Giving Over Time
Total grant dollars and number of grants per year
From 2020 to 2025, annual grant giving ranged from $18K (2023) to $41K (2024). In 2025 it made 14 grants totaling $32K.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| 14 individual scholarships Recipients not named | — | $32,400 |
Ready to take the next step with Leeper Scholarship Foundation?
Financial History
Multi-year comparison from IRS filings
| Filing year | Total Assets | Revenue | Expenses | Grants paid | Grants | Qualifying Distributions | Distributable Amount |
|---|---|---|---|---|---|---|---|
| 2025 | $644,379 | $56,487 | $35,245 | $32,400 | 14 | $32,400 | $38,537 |
| 2024 | $636,978 | $322,024 | $43,053 | $40,500 | 13 | $40,500 | $36,286 |
| 2023 | $358,000 | $25,146 | $20,510 | $18,000 | 16 | $18,000 | $21,046 |
| 2022 | $353,372 | $19,622 | $21,826 | $20,900 | 13 | $20,900 | $20,127 |
| 2021 | $407,761 | $19,698 | $22,400 | $21,000 | 19 | $22,400 | $22,961 |
| 2020 | $410,962 | $19,831 | $23,700 | $22,500 | 15 | — | $23,028 |
Under IRS private-foundation payout rules, Leeper Scholarship Foundation reported a distributable amount of $39K for 2025 — the minimum it must pay out in qualifying distributions.
Research compiled by Grantable AI from public sources. Last updated October 2026.
Mission & Focus Areas
The available information does not state a mission. The 2025 grants show support for academic scholarships awarded to individuals.
Grantmaking
In 2025, the foundation gave 14 grants totaling $32,400. Grant amounts ranged from $1,000 to $3,300, with a median of $3,300. The reported grants were to individual recipients for academic scholarships; no recipient names are included here.
The foundation’s 2024 filing states that it does not restrict giving to preselected organizations. It lists an application form as available from a school counselor, the foundation secretary, or a website. Awards are restricted to residents of specified townships in Wayne or Decatur Counties, Iowa.
Leadership & Key People
Leadership team and compensation from IRS filings
The 2025 filing lists John B. Sinclair as president, Justin Cornett as vice president, and Jon Rockhold as treasurer.
Leeper Scholarship Foundation is led by John B. Sinclair, President since 2024 (on filings since 2020); none of the 3 officers listed in 2025 report compensation.
Officers on the 2025 filing
John B. Sinclair
President
Vice President → President, 2024
On filings since 2020
0.5 hrs/week
No compensation reported
Jon Rockhold
Treasurer
On filings since 2024
0.5 hrs/week
No compensation reported
Justin Cornett
Vice President
On filings since 2024
0.5 hrs/week
No compensation reported
Former officers (2)
- Former: Jack Shields (2020–2023) — President
- Former: Jr Cornett (2020–2023) — Treasurer
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 Leeper Scholarship Foundation
How much does Leeper Scholarship Foundation give each year?
Leeper Scholarship Foundation gave $32K across 14 grants in 2025, according to its 2025 IRS Form 990-PF. In 2024 it gave $41K across 13 grants.
What is Leeper Scholarship Foundation's typical grant size?
Leeper Scholarship Foundation's median grant in 2025 was $3,300, and its average grant was $2,314, across 14 grants on its 2025 IRS Form 990-PF.
Where does Leeper Scholarship Foundation give grants?
Leeper Scholarship Foundation gives mostly in Iowa: 100% of the grant dollars itemized on its 2025 IRS Form 990-PF went to recipients there.
Does Leeper Scholarship Foundation give general operating support?
Not in 2025: none of the 14 grants with a stated purpose on Leeper Scholarship Foundation's 2025 IRS Form 990-PF were described as general or operating support. Recurring purposes include "Academic Scholarship" (14 grants).
How large is Leeper Scholarship Foundation?
Leeper Scholarship Foundation reported $644K in total assets on its 2025 IRS Form 990-PF. It paid out $32K in qualifying distributions that year, against a required minimum of $39K (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 does Leeper Scholarship Foundation fund?
The available information does not state a mission. The 2025 grants show support for academic scholarships awarded to individuals. See mission & focus areas ↑
How do I apply for a grant from Leeper Scholarship Foundation?
Leeper Scholarship Foundation has no public application process in the sources Grantable reviewed. Contact the foundation directly before submitting a request.
What is Leeper Scholarship Foundation's EIN?
Leeper Scholarship Foundation's EIN (Employer Identification Number) is 47-0818991. IRS Form 990 filing data is available on this page for 2020–2025.
Data last updated October 2026. Sourced from IRS Form 990-PF filings. Research dossier generated October 2026.
Data update history
(7)
When this profile's IRS filing data changed on Grantable
- Updated Form 990-PF for fiscal year 2020 (received by the IRS April 28, 2021)
- Updated Form 990-PF for fiscal year 2021 (received by the IRS April 23, 2022)
- Updated Form 990-PF for fiscal year 2022 (received by the IRS April 25, 2023)
- Updated Form 990-PF for fiscal year 2023 (received by the IRS April 18, 2024)
- Updated Form 990-PF for fiscal year 2024 (received by the IRS April 25, 2025)
- Updated Form 990-PF for fiscal year 2025 (received by the IRS April 23, 2026)
- IRS filings on file for fiscal years 2020–2025
Live grants for the work Leeper Scholarship Foundation funds
Education Open opportunities, soonest deadline first.
Explore Open Grants
Browse active grant opportunities in Leeper Scholarship Foundation's focus areas in our free grants database
Similar Funders
Similar funders in Iowa
Community Fdn of Greater Des Moines F/K/a Greater Des Moines Community Fdn
Des Moines, IA
The Community Foundation of Greater Des Moines supports projects that improve quality of life in Greater Des Moines, including housing and transportation access, health, economic opportunity, inclusive communities, and nonprofit capacity-building. Its 2024 itemized grants had a median of about $12,900, though awards ranged from roughly $5,000 to $7.34 million.
Assets
$918.7M
Grants
1,259
Total Given
$55.7M
Pella Rolscreen Foundation
Pella, IA
The Pella Rolscreen Foundation supports charitable organizations working in education and community betterment, including civic, cultural, social, and physical-environment programs in communities where Pella Corporation employees live. Large grants generally range from $10,000 to $50,000 and typically cover no more than 25% of project costs; its 2024 grants had a median of $1,029. It accepts unsolicited requests from eligible 501(c)(3) nonprofits and government entities in communities where Pella has manufacturing plants.
Assets
$22.4M
Grants
433
Total Given
$1.9M
Prairie Meadows Race Track and Casino Inc
Altoona, IA
Prairie Meadows supports Iowa nonprofits in arts and culture, education, economic development, human services, and youth sports and recreation; Legacy grants focus on large-scale projects in central Iowa. Its programs offer $100–$1 million for Legacy, $100–$99,999 for Community Betterment, and $1,000–$50,000 for Youth Sports and Recreation. It accepts applications through its online system; the 2026 deadline was February 27, 2026, and has passed.
Assets
$327.6M
Grants
409
Total Given
$33.0M
Iowa Health Care Association Foundation
West Des Moines, IA
The Iowa Health Care Association Foundation funds scholarships and career-education resources for employees of member long-term-care organizations and Iowa high school students pursuing long-term-care careers. Its typical giving level varies: it awarded 287 grants totaling about $4.1 million in 2024, and the listed high school scholarship is $2,000. Its programs focus on Iowa; the profile does not state whether it accepts unsolicited requests.
Assets
$329K
Grants
287
Total Given
$4.1M
New Charitable Foundation
Fort Dodge, IA
Assets
$6K
Grants
264
Total Given
$294K
Quad Cities Community Foundation
Bettendorf, IA
Quad Cities Community Foundation funds nonprofit operations and programs across areas including education, health, arts and culture, community development, youth, and the environment, primarily in Rock Island County, Illinois, and Scott County, Iowa, with some service to surrounding counties. Its 2024 grants had a median of $15,000; its Operations and Programs Grants program lists requests of $5,000–$20,000.
Assets
$209.7M
Grants
263
Total Given
$7.5M
More similar funders
More Funders in Iowa
The filing figures on this page are open data under CC BY 4.0. About GrantGraph Open
Figures come from Leeper Scholarship Foundation'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.
Leeper Scholarship Foundation down — hundreds of funders to go?