Leptas Foundation Trust
Leptas Foundation Trust is a private foundation based in Denver, Colorado. Its 2024 filing reports grants to charitable organizations, including Christian schools and ministries, youth programs, a health center, and an organization promoting conservative values through digital media.
Leptas Foundation Trust at a glance
In short: Leptas Foundation Trust gave $3.8M across 23 grants in 2024 (avg $165K), mostly in Arizona. 30% of 2024 grantees were new. Source: 2024 IRS Form 990-PF.
- Annual giving (2024)
- $3,802,000
- +1.0% vs 2023
- Grants made (2024)
- 23
- +15.0% vs 2023
- Average grant
- $165,304
- -12.2% vs 2023
- Median grant
- $50,000
- Total assets
- $53,326,683
- +0.1% vs 2023
- New grantees (estimate)
- 30% first-time grantees (7 of 23, 2024; small sample)
- Primary geography
- Arizona (51% of itemized 2024 grant dollars)
- Latest 990 filing
- Form 990-PF, 2024 View filing
Data from IRS Form 990-PF, 2024; updated October 2026. New grantees are estimated by matching recipient names across years (methodology).
How to apply to Leptas Foundation Trust
- Accepts unsolicited proposals
- No
- How to Apply
-
The foundation states that it makes contributions only to preselected charitable organizations and does not accept unsolicited requests for funds.
- Contact
Mailing address: 8181 E Tufts Ave Ste 600, Denver, CO 80237
Phone: (303) 740-9400
Application details from Grantable's research on the foundation's public materials; confirm on its website before applying.
Who Leptas Foundation Trust funds
How this funder distributes its grants
Top Recipients
Top 10 recipients in 2024
The largest 2024 recipient was Young Life ($1.9M). Together the top 10 received $3.5M.
Grant Size Distribution
98 grants across all recorded years
The most common grant size was under $50K: 49 grants of 98 (50%).
Geographic Focus
Where this funder awards grants
In 2024, grant dollars went primarily to organizations in Arizona (51%) and Colorado (33%), followed by Tennessee (6%), California (5%), and North Carolina (3%).
Grant Distribution by State
Share of 2024 grant dollars across all 23 itemized grants.
States
Cities
Is Leptas Foundation Trust open to new grantees?
30%
first-time grantees, 2024
In 2024, 7 of 23 grantees (30%) were first-time recipients. With only 23 grantees, that is a small sample: one grantee more or less moves the share by about 4 points. First grants averaged $74K; repeat grants $205K. How we count
Medians: $50K first-time, $45K repeat.
- 70% of 2024 grantees were also funded in 2023. Method
- Giving grew 427% from 2021 to 2024. Method
- In 2024 it paid out 84% of its IRS minimum distribution (the 5% rule). Foundations have until the end of the next year to meet it. Method
Estimate from itemized grant lists in IRS Form 990-PF filings (2020–2024). Recipient names are matched across years, so a renamed or misspelled grantee can look new; grants to individuals are left out. Methodology.
Giving History
Giving Over Time
Total grant dollars and number of grants per year
From 2020 to 2024, annual grant giving ranged from $721K (2021) to $6.7M (2020). In 2024 it made 23 grants totaling $3.8M.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| Young Life Prescott, AZ | General Support | $1,934,000 |
| Mission Hills Church Littleton, CO | General Support | $600,000 |
| Valor Christian Schools Highlands Ranch, CO | General Support | $224,000 |
| Prager University Foundation Sherman Oaks, CA | General Support | $200,000 |
| Wow and Wonder Colab Nashville, TN | General Support | $135,000 |
| Alternatives Pregnancy Ctr Denver, CO | General Support | $100,000 |
| Ambassador Christian School Huntersville, NC | General Support | $100,000 |
| AMG International Chattanooga, TN | General Support | $100,000 |
| Issachar Center Denver, CO | General Support | $80,000 |
| Servant Leadership Fdn Greenwood Village, CO | General Support | $55,000 |
Ready to take the next step with Leptas Foundation Trust?
Financial History
Multi-year comparison from IRS filings
| Filing year | Total Assets | Revenue | Expenses | Grants paid | Grants | Qualifying Distributions | Net Investment Income | Distributable Amount |
|---|---|---|---|---|---|---|---|---|
| 2024 | $53,326,683 | $4,099,855 | $4,024,345 | $3,802,000 | 23 | $3,802,000 | $3,885,398 | $4,518,996 |
| 2023 | $53,251,173 | $4,219,995 | $4,084,298 | $3,764,000 | 20 | $3,764,000 | $3,999,697 | $3,926,487 |
| 2022 | $53,174,319 | $7,130,317 | $3,859,350 | $3,502,231 | 19 | $3,528,144 | $6,799,111 | $3,669,581 |
| 2021 | $49,903,089 | $3,827,686 | $1,205,641 | $720,765 | 16 | $787,352 | $3,409,397 | $4,069,116 |
| 2020 | $47,281,044 | $1,328,033 | $7,005,003 | $6,735,860 | 20 | — | $1,033,184 | $3,606,223 |
Under IRS private-foundation payout rules, Leptas Foundation Trust reported a distributable amount of $4.5M for 2024 — the minimum it must pay out in qualifying distributions.
Research compiled by Grantable AI from public sources. Last updated September 2026.
Mission & Focus Areas
No mission statement for the foundation is provided. Its 2024 grants show support for organizations working in areas such as education, faith, youth mentoring, health care, and leadership development. For example, Valor Christian Schools describes its mission as providing a college-preparatory program in a Christ-centered environment, while Inner City Health Center says it provides medical, dental, and counseling services to uninsured and underserved patients. The Issachar Center says it equips and convenes urban Christian leaders for personal growth and public impact.
Grantmaking
In 2024, the foundation made 23 grants totaling $3,802,000. Awards ranged from $1,000 to $1,934,000, with a median grant of $50,000. Its largest grants included $1,934,000 to Young Life, $600,000 to Mission Hills Church, $224,000 to Valor Christian Schools, and $200,000 to Prager University Foundation. Other listed grants included $135,000 to Wow and Wonder Colab, $100,000 each to Alternatives Pregnancy Center, Ambassador Christian School, and AMG International, and $80,000 to the Issachar Center.
Leadership & Key People
Leadership team and compensation from IRS filings
The 2024 filing lists Kevin E. McVaney as trustee.
Leptas Foundation Trust is led by Kevin E. McVaney, Trustee on every filing since 2020 — the only officer listed, and uncompensated.
Officers on the 2024 filing
Kevin E. McVaney
Trustee
On filings since 2020
2 hrs/week
No compensation reported
Data from IRS Form 990 filings, 2020–2024. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.
Frequently asked questions about Leptas Foundation Trust
How much does Leptas Foundation Trust give each year?
Leptas Foundation Trust gave $3.8M across 23 grants in 2024, according to its 2024 IRS Form 990-PF. In 2023 it gave $3.8M across 20 grants.
What is Leptas Foundation Trust's typical grant size?
Leptas Foundation Trust's median grant in 2024 was $50,000, and its average grant was $165,304, across 23 grants on its 2024 IRS Form 990-PF. Organizations receiving their first grant from Leptas Foundation Trust that year got $74K on average.
Where does Leptas Foundation Trust give grants?
Leptas Foundation Trust gives mostly in Arizona: 51% of the grant dollars itemized on its 2024 IRS Form 990-PF went to recipients there. The next largest states were Colorado (33%) and Tennessee (6%). The most frequent recipient cities were Denver, CO (6 grants) and Charlotte, NC (2 grants).
Does Leptas Foundation Trust give general operating support?
Yes: 100% of Leptas Foundation Trust's 2024 grants with a stated purpose (23 of 23) were for general or operating support, per its 2024 IRS Form 990-PF.
Who are Leptas Foundation Trust's largest grantees?
Leptas Foundation Trust's largest 2024 grantees include Young Life ($1,934,000), Mission Hills Church ($600,000) and Valor Christian Schools ($224,000), according to its 2024 IRS Form 990-PF. Together they received 73% of its itemized 2024 grant dollars.
How large is Leptas Foundation Trust?
Leptas Foundation Trust reported $53.3M in total assets on its 2024 IRS Form 990-PF. It paid out $3.8M in qualifying distributions that year, against a required minimum of $4.5M (roughly 5% of its investment assets). Falling short in one year is not a violation: foundations have until the end of the next year to meet the minimum.
What does Leptas Foundation Trust fund?
No mission statement for the foundation is provided. Its 2024 grants show support for organizations working in areas such as education, faith, youth mentoring, health care, and leadership development. See mission & focus areas ↑
How do I apply for a grant from Leptas Foundation Trust?
The foundation states that it makes contributions only to preselected charitable organizations and does not accept unsolicited requests for funds. Eligibility and process details are in the grantmaking section of this profile. See how to apply ↑
What is Leptas Foundation Trust's EIN?
Leptas Foundation Trust's EIN (Employer Identification Number) is 47-0833530. IRS Form 990 filing data is available on this page for 2020–2024.
Does Leptas Foundation Trust accept unsolicited proposals?
No, according to Grantable's research on the foundation's published guidelines. See how to apply ↑
Data last updated October 2026. Sourced from IRS Form 990-PF filings. Research dossier generated September 2026.
Data update history
(6)
When this profile's IRS filing data changed on Grantable
- Updated Form 990-PF for fiscal year 2020 (received by the IRS November 15, 2021)
- Updated Form 990-PF for fiscal year 2021 (received by the IRS November 15, 2022)
- Updated Form 990-PF for fiscal year 2022 (received by the IRS November 15, 2023)
- Updated Form 990-PF for fiscal year 2023 (received by the IRS November 14, 2024)
- Updated Form 990-PF for fiscal year 2024 (received by the IRS November 14, 2025)
- IRS filings on file for fiscal years 2020–2024
Explore Open Grants
Browse active grant opportunities in Leptas Foundation Trust's focus areas in our free grants database
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Cite this profile
Grantable. (2026). Leptas Foundation Trust funder profile. GrantGraph. Retrieved October 12, 2026, from https://grantable.co/funders/leptas-foundation-trust-morg_dc1c2b58ef434ac3a640b6e66886ca2a
BibTeX
@misc{grantable_470833530_2026,
author = {{Grantable}},
title = {{Leptas Foundation Trust funder profile}},
howpublished = {GrantGraph},
year = {2026},
url = {https://grantable.co/funders/leptas-foundation-trust-morg_dc1c2b58ef434ac3a640b6e66886ca2a},
note = {Accessed 2026-10-12. Data licensed CC BY 4.0}
}The figures on this page are open data under CC BY 4.0: reuse them with credit to Grantable and a link. Download the data.
Figures come from Leptas Foundation Trust's IRS filings (methodology). AI-written summaries, news items and logos are not covered by the open licence. Spot an error? Email hello@grantable.co.
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