Leonard and Ilona Ling Family Foundation
Leonard and Ilona Ling Family Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in WILMINGTON, DE. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $2.3M in total assets. In 2024, it awarded 4 grants totaling $120K. Net investment income was $62K.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$2.3M
+0.4% YoY
Annual Giving
$120K
+10.6% YoY
Grant Count
4
-20.0% YoY
Avg Grant Size
$30K
+38.2% YoY
Under IRS private-foundation payout rules, Leonard and Ilona Ling Family Foundation reported a distributable amount of $112K for 2024 — the minimum it must pay out in qualifying distributions.
About Leonard and Ilona Ling Family Foundation
Based on IRS filings
Leonard and Ilona Ling Family Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in WILMINGTON, DE. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $2.3M in total assets. In 2024, it awarded 4 grants totaling $120K. Net investment income was $62K.
Focus Areas
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
States
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $2,281,361 | $2,271,578 | $1,342,462 |
| Revenue | $178,951 | $1,078,027 | $292,031 |
| Expenses | $169,168 | $148,911 | $132,921 |
| Qualifying Distributions | $133,327 | $123,266 | $110,067 |
| Net Investment Income | $61,516 | $55,503 | $269,772 |
| Distributable Amount | $111,724 | $84,781 | $69,073 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 4 recipients in 2024
Grant Size Distribution
17 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include University of the Pacific ($100,000), Acacia Fraternity Foundation Inc ($10,000), University of the Pacific ($5,000).
| Recipient | Purpose | Amount |
|---|---|---|
| ACACIA FRATERNITY FOUNDATION INC CARMEL, IN | Acacia Fraternity Foundation West Coast Expansion Scholarship fund | $10,000 |
| UNIVERSITY OF THE PACIFIC SAN FRANCISCO, CA | UOP Dugoni Dental School Annual Fund | $5,000 |
| UNIVERSITY OF THE PACIFIC SAN FRANCISCO, CA | Gala Table for Dr. Leonard and Ilona Ling Family Foundation Endowed Scholarship Recipients to attend the Annual Dugoni School of Dentistry Gala and Alumni Meeting | $5,000 |
| UNIVERSITY OF THE PACIFIC SAN FRANCISCO, CA | Dr. Leonard & Ilona Ling Family Foundation Endowed Scholarship Fund | $100,000 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| Mark Christiansen | Dir, Sec | 1 | — |
| Michael Hennessey Atty | Dir | 1 | — |
| E Lawrence Ling | Dir | 1 | — |
| Andrew Stout | Dir, Pres | 1 | — |
| John Wedgwood | Dir, Treas | 1 | — |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is Leonard and Ilona Ling Family Foundation?
Leonard and Ilona Ling Family Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in WILMINGTON, DE. It holds $2.3M in total assets as of 2024.
How large is Leonard and Ilona Ling Family Foundation?
As of 2024, Leonard and Ilona Ling Family Foundation holds $2.3M in total assets with $179K in annual revenue. It awarded 4 grants totaling $120K in 2024.
Where does Leonard and Ilona Ling Family Foundation operate?
Leonard and Ilona Ling Family Foundation has awarded grants in California, Indiana.
What size grants does Leonard and Ilona Ling Family Foundation award?
In 2024, Leonard and Ilona Ling Family Foundation awarded 4 grants totaling $120K — an average of about $30K per grant, based on its IRS Form 990 filings.
How much is Leonard and Ilona Ling Family Foundation required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, Leonard and Ilona Ling Family Foundation reported a distributable amount of $112K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is Leonard and Ilona Ling Family Foundation's EIN?
Leonard and Ilona Ling Family Foundation's EIN (Employer Identification Number) is 20-5247159. IRS Form 990 filing data is available on this page for 2020–2024.
Explore Open Grants
Browse active grant opportunities in Leonard and Ilona Ling Family Foundation's focus areas in our free grants database
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.
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