Leonard & Mildred Igstaedter Foundation
Leonard & Mildred Igstaedter Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in NASSAU, DE. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $542K in total assets. In 2024, it awarded 13 grants totaling $52K. Net investment income was $23K.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$542K
-6.8% YoY
Annual Giving
$52K
+28.2% YoY
Grant Count
13
+8.3% YoY
Avg Grant Size
$4K
+18.3% YoY
Under IRS private-foundation payout rules, Leonard & Mildred Igstaedter Foundation reported a distributable amount of $30K for 2024 — the minimum it must pay out in qualifying distributions.
About Leonard & Mildred Igstaedter Foundation
Based on IRS filings
Leonard & Mildred Igstaedter Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in NASSAU, DE. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $542K in total assets. In 2024, it awarded 13 grants totaling $52K. Net investment income was $23K.
Focus Areas
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $541,640 | $581,269 | $613,267 |
| Revenue | $23,989 | $21,577 | $20,113 |
| Expenses | $69,331 | $56,525 | $54,445 |
| Qualifying Distributions | $65,784 | $52,660 | $47,800 |
| Net Investment Income | $22,643 | $22,120 | $13,468 |
| Distributable Amount | $29,816 | $30,315 | $35,058 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 10 recipients in 2024
Grant Size Distribution
61 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include Ridgefield a Better Chance ($7,500), Childrens Beach House ($6,800), Animal Manor ($5,000).
| Recipient | Purpose | Amount |
|---|---|---|
| RIDGEFIELD A BETTER CHANCE RIDGEFIELD, CT | ACTIVITIY/DEVELOPMENT FUND | $7,500 |
| ANIMAL MANOR HUGUENOT, NY | FOOD & CARE FOR RESCUED ANIMALS | $5,000 |
| CAPE HENLOPEN STUDENT GIFT DRIVE MILTON, DE | SCHOOL DRIVE BACK PACKS.ETC | $693 |
| CHILDRENS BEACH HOUSE LEWES, DE | EDUCATIONAL ASSISTANCE | $6,800 |
| COMMUNITY RESOURCE CENTER REHOBOTH BEACH, DE | FOOD FOR LOW-INCOME HOUSEHOLDS | $2,716 |
| THE JOSHUA F FREEDMAN FOUNDATION SELBYVILLE, DE | ART INITIATIVE | $5,000 |
| GLOBAL DREAMS USA DORAL, FL | FINANCIAL ASSISTANCE FOR COLLEGE STUDENTS | $5,000 |
| JESSE LEE APS SERVICE PROJECT RIDGEFIELD, CT | TO ASSIST WITH TRANSPORTATION OF VOLUNTEERS | $5,000 |
| PEELER BACK TO SCHOOL FUND RIDGEFIELD, CT | SCHOOL SUPPLIES | $2,175 |
| PEELER HOLIDAY PROGRAM RIDGEFIELD, CT | STOP & SHOP GIFT CARD FOR NEEDY FAMILIES | $2,100 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| ELLEN SHEA | PRES/TREAS | 1 | $12,000 |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is Leonard & Mildred Igstaedter Foundation?
Leonard & Mildred Igstaedter Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in NASSAU, DE. It holds $542K in total assets as of 2024.
How large is Leonard & Mildred Igstaedter Foundation?
As of 2024, Leonard & Mildred Igstaedter Foundation holds $542K in total assets with $24K in annual revenue. It awarded 13 grants totaling $52K in 2024.
Where does Leonard & Mildred Igstaedter Foundation operate?
Leonard & Mildred Igstaedter Foundation has awarded grants in Connecticut, Delaware, Florida, Georgia, New York, Virginia.
What size grants does Leonard & Mildred Igstaedter Foundation award?
In 2024, Leonard & Mildred Igstaedter Foundation awarded 13 grants totaling $52K — an average of about $4K per grant, based on its IRS Form 990 filings.
How much is Leonard & Mildred Igstaedter Foundation required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, Leonard & Mildred Igstaedter Foundation reported a distributable amount of $30K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is Leonard & Mildred Igstaedter Foundation's EIN?
Leonard & Mildred Igstaedter Foundation's EIN (Employer Identification Number) is 06-1399555. IRS Form 990 filing data is available on this page for 2020–2024.
Explore Open Grants
Browse active grant opportunities in Leonard & Mildred Igstaedter 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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