Leipold Foundation Inc

Foundation · Grantmaker Atlantic Beach, FL EIN: 35-6022540

Leipold Foundation Inc is a private foundation, based in Atlantic Beach, FL. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $58K in total assets. In 2024, it awarded 11 grants totaling $23K. Net investment income was $5K.

Key facts about Leipold Foundation Inc

EIN
35-6022540
Latest 990 filing
Form 990-PF, 2024
Annual giving (2024)
$23,132
Grants made (2024)
11
Average grant
$2,103
Median grant
$1,500
New grantees (estimate)
45% first-time grantees (5 of 11, 2024)
Total assets
$58,237
Primary geography
North Carolina (35% of itemized 2024 grant dollars)

Data from IRS Form 990-PF, 2024; updated September 2026. New grantees are estimated by matching recipient names across years (methodology).

Who Leipold Foundation Inc funds

By grant dollars, the top recipient states for Leipold Foundation Inc's 11 itemized 2024 grants were North Carolina (35%), Florida (30%) and Connecticut (29%). The most frequent recipient cities were Hamden, CT (3 grants) and Jacksonville, FL (2 grants). None of its 11 grants with a stated purpose were described as general or operating support. Recurring purposes include "Charitable" (11 grants).

Is Leipold Foundation Inc open to new grantees?

45%

first-time grantees, 2024

In 2024, 5 of 11 grantees (45%) were first-time recipients. First grants averaged $2K; repeat grants $3K. How we count

Medians: $2K first-time, $2K repeat.

  • 45% of 2024 grantees were also funded in 2023. Method
  • Giving held roughly steady from 2021 to 2024 (−20%). Method
  • In 2024 it paid out 572% of its IRS minimum distribution (the 5% rule). Method

Estimate from itemized IRS Form 990-PF grant lists (2020–2024). Recipient names are matched across years, so a renamed or misspelled grantee can look new; grants to individuals are left out. Methodology.

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Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$58K

-23.6% YoY

Annual Giving

$23K

+6.1% YoY

Grant Count

11

+37.5% YoY

Avg Grant Size

$2K

-22.8% YoY

Under IRS private-foundation payout rules, Leipold Foundation Inc reported a distributable amount of $4K for 2024 — the minimum it must pay out in qualifying distributions.

About Leipold Foundation Inc

Based on IRS filings

Leipold Foundation Inc is a private foundation, based in Atlantic Beach, FL. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $58K in total assets. In 2024, it awarded 11 grants totaling $23K. Net investment income was $5K.

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

4states

Share of all 11 itemized 2024 grant dollars.

Cities

JacksonvilleHamdenAtlantic BeachJacksonville BchStoningtonWorchesterNew BritainNew HavenGreenvilleNorth MiamiWaterburyHartford

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$8K$16K$24K$32K20202021202220232024
Metric202420232022
Total Assets$58,237$76,212$98,185
Revenue$5,436$3,081$3,076
Expenses$23,719$25,054$29,120
Qualifying Distributions$23,132$21,800$27,000
Net Investment Income$5,157—$956
Distributable Amount$4,046$4,295$5,978

Data update history

When this profile's IRS filing data changed on Grantable

  1. IRS filings on file for fiscal years 2020–2024

Giving Over Time

Total grant dollars and number of grants per year

$0$7K$14K$22K$29K12 grants202012 grants202113 grants20228 grants202311 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 10 recipients in 2024

East Carolina University: $8KEast Carolina University$8KHamden Keef Ctr Food Bank: $3KHamden Keef Ctr Food Bank$3KBeaches Emergency Assistance: $2KBeaches Emergency Assistance$2KFleet Landing Endowment Fund: $2KFleet Landing Endowment Fund$2KSalvation Army: $2KSalvation Army$2KCharter Oak State Clge Fdn: $2KCharter Oak State Clge Fdn$2KHamden Keef Ctr Youth Svc: $2KHamden Keef Ctr Youth Svc$2KWhere Love Is Pet Rescue: $2KWhere Love Is Pet Rescue$2KFsci Artist Series: $882Fsci Artist Series$882Coast Guard Foundation: $750Coast Guard Foundation$750

Grant Size Distribution

56 grants across all recorded years

56<$50K$50–100K$100–250K$250–500K$500K–1M$1–5M$5M+

Giving History

Grant recipients and amounts by year

Among its reported 2024 grants, the largest recipients include East Carolina University ($8,000), Hamden Keef Ctr Food Bank ($2,500), Beaches Emergency Assistance ($2,000).

RecipientPurposeAmount
EAST CAROLINA UNIVERSITY Greenville, NCCHARITABLE$8,000
HAMDEN KEEF CTR FOOD BANK Hamden, CTCHARITABLE$2,500
BEACHES EMERGENCY ASSISTANCE Jacksonville BCH, FLCHARITABLE$2,000
FLEET LANDING ENDOWMENT FUND Atlantic Beach, FLCHARITABLE$2,000
SALVATION ARMY Jacksonville, FLCHARITABLE$2,000
CHARTER OAK STATE CLGE FDN New Britain, CTCHARITABLE$1,500
HAMDEN KEEF CTR YOUTH SVC Worchester, MACHARITABLE$1,500
WHERE LOVE IS PET RESCUE Hamden, CTCHARITABLE$1,500
FSCI ARTIST SERIES Jacksonville, FLCHARITABLE$882
COAST GUARD FOUNDATION Stonington, CTCHARITABLE$750

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

No officer or director reported compensation in the available filings.

From 2024 IRS filing

NameTitleHoursCompensation
Dr James LeipoldPres./Sec2—
Rachel Leipold HintonVP/Treasurer1—
John KurackDirector1—

Frequently Asked Questions

How large is Leipold Foundation Inc?

As of 2024, Leipold Foundation Inc holds $58K in total assets with $5K in annual revenue. It awarded 11 grants totaling $23K in 2024.

Where does Leipold Foundation Inc operate?

Leipold Foundation Inc has awarded grants in Connecticut, Florida, Massachusetts, North Carolina.

What size grants does Leipold Foundation Inc award?

In 2024, Leipold Foundation Inc awarded 11 grants totaling $23K — an average of about $2K per grant, based on its IRS Form 990 filings.

How much is Leipold Foundation Inc required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2024, Leipold Foundation Inc reported a distributable amount of $4K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.

What is Leipold Foundation Inc's EIN?

Leipold Foundation Inc's EIN (Employer Identification Number) is 35-6022540. IRS Form 990 filing data is available on this page for 2020–2024.

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

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