Leodelle Lassiter Jolley Foundation

Private foundation · Grantmaker Atlanta, GA EIN: 58-6454877

Leodelle Lassiter Jolley Foundation is a private foundation, based in Atlanta, GA. IRS filing data is available from 2020 through 2025. As of 2025, the organization holds $1.7M in total assets. In 2025, it awarded 7 grants totaling $109K. Net investment income was $102K.

Key facts about Leodelle Lassiter Jolley Foundation

In short: Leodelle Lassiter Jolley Foundation gave $109K across 7 grants in 2025 (avg $16K), mostly in Tennessee. Source: 2025 IRS Form 990-PF.

EIN
58-6454877
Latest 990 filing
Form 990-PF, 2025
Annual giving (2025)
$108,500
Grants made (2025)
7
Average grant
$15,500
Median grant
$5,000
Total assets
$1,666,749
Primary geography
Tennessee (51% 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

$1.7M

-1.9% YoY

Annual Giving

$109K

+5.9% YoY

Grant Count

7

-22.2% YoY

Avg Grant Size

$16K

+36.1% YoY

Under IRS private-foundation payout rules, Leodelle Lassiter Jolley Foundation reported a distributable amount of $83K for 2025 — the minimum it must pay out in qualifying distributions.

How Leodelle Lassiter Jolley Foundation gives

  • Giving fell 46% from 2022 to 2025. Method
  • In 2025 it paid out 130% 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

4states

Share of 2025 grant dollars across all 7 itemized grants.

Cities

AtlantaBrunswickChapel HillLithoniaDecaturKennesawLovelandPeachtree CornersSewaneeToccoaWaycross

Giving Over Time

Total grant dollars and number of grants per year

$0$100K$200K$300K5 grants2020 7 grants2021 3 grants2022 6 grants2023 9 grants2024 7 grants2025

From 2020 to 2025, annual grant giving ranged from $98K (2023) to $215K (2021). In 2025 it made 7 grants totaling $109K.

Grant Insights

How this funder distributes its grants

Top Recipients

Top 7 recipients in 2025

The University of the South: $55KThe University of the South$55KAgape Youth and Family Center: $35KAgape Youth and Family Center$35KCASA Glynn Inc: $5KCASA Glynn Inc$5KAtlanta Junior Bridge: $5KAtlanta Junior Bridge$5KSyngap Research Fund: $5KSyngap Research Fund$5KSaint Anne's Episcopal Church: $3KSaint Anne's Episcopal Church$3KScottdale Early Learning: $1KScottdale Early Learning$1K

The largest 2025 recipient was The University of the South ($55K). Together the top 7 received $109K.

Grant Size Distribution

32 grants across all recorded years

26<$50K5$50–100K1$100–250K$250–500K$500K–1M$1–5M$5M+

The most common grant size was under $50K: 26 grants of 32 (81%).

Giving History

Grant recipients and amounts by year

RecipientPurposeAmount
The University of the South Sewanee, TNDonation$55,000
Agape Youth and Family Center Atlanta, GADonation$35,000
CASA Glynn Inc Brunswick, GADonation$5,000
Atlanta Junior Bridge Atlanta, GADonation$5,000
Syngap Research Fund Loveland, CODonation$5,000
Saint Anne's Episcopal Church Atlanta, GADonation$2,500
Scottdale Early Learning Decatur, GADonation$1,000

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$100K$200K$300K$400K2020 2021 2022 2023 2024 2025
Metric202520242023
Total Assets$1,666,749$1,699,682$1,730,850
Revenue$106,516$101,517$103,907
Expenses$127,903$122,654$116,661
Qualifying Distributions$108,500$102,500$98,000
Net Investment Income$102,113$96,363$100,246
Distributable Amount$83,208$82,363$85,958

Data update history

When this profile's IRS filing data changed on Grantable

  1. Updated Form 990-PF for fiscal year 2020 (received by the IRS June 17, 2021)
  2. Updated Form 990-PF for fiscal year 2021 (received by the IRS March 18, 2022)
  3. Updated Form 990-PF for fiscal year 2022 (received by the IRS May 16, 2023)
  4. Updated Form 990-PF for fiscal year 2023 (received by the IRS October 11, 2024)
  5. Updated Form 990-PF for fiscal year 2024 (received by the IRS May 13, 2025)
  6. Added Form 990-PF for fiscal year 2025 (received by the IRS May 11, 2026)

Leadership & Key People

Officers and directors from IRS filings

Leodelle Lassiter Jolley Foundation's 2025 filing lists 3 officers; all 3 officers listed in 2025 are compensated.

Officers on the 2025 filing

  • Catherine P. Peters

    Trustee

    On filings since 2020

    $5K (2023) → $5K (2025)

  • Ruthanna J. Bost

    Trustee

    On filings since 2020

    $5K (2023) → $5K (2025)

  • William L. Bost III

    Trustee

    On filings since 2022

    $5K (2023) → $5K (2025)

Former officers (1)
  • Former: Malinda J. Mortin (2020–2021) — Trustee

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.

Compensation Overview

From 2025 IRS filing

Ruthanna J Bost — Trustee: $5KRuthanna J BostTrustee$5KCatherine P Peters — Trustee: $5KCatherine P PetersTrustee$5KWilliam L Bost III — Trustee: $5KWilliam L Bost IIITrustee$5K

The highest reported compensation on the 2025 filing was $5K, to Ruthanna J Bost (Trustee). 3 officers or directors reported compensation on that filing.

Frequently asked questions about Leodelle Lassiter Jolley Foundation

How much does Leodelle Lassiter Jolley Foundation give each year?

Leodelle Lassiter Jolley Foundation gave $109K across 7 grants in 2025, according to its 2025 IRS Form 990-PF. In 2024 it gave $103K across 9 grants.

What is Leodelle Lassiter Jolley Foundation's typical grant size?

Leodelle Lassiter Jolley Foundation's median grant in 2025 was $5,000, and its average grant was $15,500, across 7 grants on its 2025 IRS Form 990-PF.

Where does Leodelle Lassiter Jolley Foundation give grants?

Leodelle Lassiter Jolley Foundation gives mostly in Tennessee: 51% of the grant dollars itemized on its 2025 IRS Form 990-PF went to recipients there. The next largest state was Georgia (45%). The most frequent recipient cities were Atlanta, GA (3 grants).

Does Leodelle Lassiter Jolley Foundation give general operating support?

Not in 2025: none of the 7 grants with a stated purpose on Leodelle Lassiter Jolley Foundation's 2025 IRS Form 990-PF were described as general or operating support. Recurring purposes include "Donation" (7 grants).

Who are Leodelle Lassiter Jolley Foundation's largest grantees?

Leodelle Lassiter Jolley Foundation's largest 2025 grantees include The University of the South ($55,000), Agape Youth and Family Center ($35,000) and CASA Glynn Inc ($5,000), according to its 2025 IRS Form 990-PF. Together they received 88% of its itemized 2025 grant dollars.

How large is Leodelle Lassiter Jolley Foundation?

Leodelle Lassiter Jolley Foundation reported $1.7M in total assets on its 2025 IRS Form 990-PF. It paid out $109K in qualifying distributions that year, against a required minimum of $83K (roughly 5% of its investment assets).

What is Leodelle Lassiter Jolley Foundation's EIN?

Leodelle Lassiter Jolley Foundation's EIN (Employer Identification Number) is 58-6454877. 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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