Leodelle Lassiter Jolley Foundation
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
Share of 2025 grant dollars across all 7 itemized grants.
Cities
Giving Over Time
Total grant dollars and number of grants per year
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 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
The most common grant size was under $50K: 26 grants of 32 (81%).
Giving History
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| The University of the South Sewanee, TN | Donation | $55,000 |
| Agape Youth and Family Center Atlanta, GA | Donation | $35,000 |
| CASA Glynn Inc Brunswick, GA | Donation | $5,000 |
| Atlanta Junior Bridge Atlanta, GA | Donation | $5,000 |
| Syngap Research Fund Loveland, CO | Donation | $5,000 |
| Saint Anne's Episcopal Church Atlanta, GA | Donation | $2,500 |
| Scottdale Early Learning Decatur, GA | Donation | $1,000 |
Financial History
Multi-year comparison from IRS filings
| Metric | 2025 | 2024 | 2023 |
|---|---|---|---|
| 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
- Updated Form 990-PF for fiscal year 2020 (received by the IRS June 17, 2021)
- Updated Form 990-PF for fiscal year 2021 (received by the IRS March 18, 2022)
- Updated Form 990-PF for fiscal year 2022 (received by the IRS May 16, 2023)
- Updated Form 990-PF for fiscal year 2023 (received by the IRS October 11, 2024)
- Updated Form 990-PF for fiscal year 2024 (received by the IRS May 13, 2025)
- 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
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.
Here's the math on researching Leodelle Lassiter Jolley Foundation by hand.
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