Ll Foundation for Youth

SHERMAN OAKS, CA EIN: 82-5249343

LL Foundation for Youth is a private foundation based in Sherman Oaks, California, established in April 2018 by Leonard "Lenny" G. Leff. The foundation is designated as a 501(c)(3) public foundation and operates as a non-operating grantmaking organization. It focuses on providing financial assistance to tax-exempt organizations that support disadvantaged and disabled youth navigating the transition to adulthood.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$52.9M

-0.2% YoY

Annual Giving

$3.0M

+63.0% YoY

Grant Count

43

+104.8% YoY

Avg Grant Size

$70K

-20.4% YoY

Under IRS private-foundation payout rules, Ll Foundation for Youth reported a distributable amount of $2.6M for 2024 — the minimum it must pay out in qualifying distributions.

Research compiled by Grantable AI from public sources. Last updated April 2026.

Mission & Focus Areas

Mission Statement:

The foundation provides financial assistance to Southern California organizations that help disadvantaged and disabled young adults feel seen, heard and understood as they transition to adulthood. The foundation is committed to supporting organizations that guide youth through the phase known as Emerging Adulthood—a uniquely challenging and formative period as young people transition from adolescence to early adulthood.

Primary Focus Areas:

  • Medical and health assistance for youth
  • Mental health support
  • Educational assistance and support
  • Camp experiences for at-risk youth
  • Fertility protection for young cancer patients
  • Arts programs for creative expression and trauma processing
  • Life skills and experiential learning programs
  • Childcare support

The foundation emphasizes serving young people ages 13-26 who face financial struggles, learning disabilities, and other obstacles.

Grantmaking

Notable grants include:

Grant Range

** $10,000 to $500,000, with a median grant of approximately $50,000

How to Apply

**

Ready to take the next step with Ll Foundation for Youth?

Geographic Focus

Where this funder awards grants

The foundation primarily funds organizations in Southern California, with an emphasis on the Los Angeles area and surrounding regions. Other geographic areas are considered by invitation only. The foundation also supports projects in Colorado.

Grant Distribution by State

7states

Cities

ArcadiaBeverly HillsBloomsburyBosnallBrickCampbellChatsworthCovinaCulver CityDenverDuarteDyerHawthorneHermosa BeachInglewoodIrvineLake HughesLancasterLong BeachLos Alamitos

Financial History

Multi-year comparison from IRS filings

Total Assets: $52,850,472 (as of 2024)

Total Annual Giving: $3,000,000

2024 Financial Summary:

  • Total Revenue: $1,974,722
  • Total Expenses: $3,755,636
  • Total Assets: $52,850,472
  • Total Liabilities: $255,000

Number of Employees: 1 full-time equivalent

The foundation maintains a four-star rating based on its accountability and financial practices.

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$1M$3M$4M$5M20202021202220232024
Metric202420232022
Total Assets$52,850,472$52,936,805$50,248,987
Revenue$1,974,722$1,137,259$711,686
Expenses$3,755,636$2,536,947$4,927,959
Qualifying Distributions$3,212,735$2,034,887
Net Investment Income$1,269,621$890,457$711,686
Distributable Amount$2,631,109$2,522,739

Giving Over Time

Total grant dollars and number of grants per year

$0$1M$2M$3M$4M0 grants202028 grants202146 grants202221 grants202343 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 10 recipients in 2024

MS GIFT LL FOUNDATINO FO…$500KCEDARS SINAI MEDICAL CAR…$250KCHILDREN'S HOSPITAL LOS …$250KCITY OF HOPE$250KA PLACE CALLED HOME$100KBRAILLE INSTITUTE OF AME…$100KCOLBURN SCHOOL$100KFULFILLMENT FUND$100KHOPE LOVE COMPANY INC$100KLOS ANGELES OPERA COMPANY$100K

Grant Size Distribution

138 grants across all recorded years

33<$50K37$50–100K54$100–250K13$250–500K1$500K–1M$1–5M$5M+

Giving History

Grant recipients and amounts by year

Among its reported 2024 grants, the largest include Ms Gift Ll Foundatino for Youth ($500,000), Cedars Sinai Medical Care Foundation ($250,000), Children's Hospital Los Angeles ($250,000).

RecipientPurposeAmount
A PLACE CALLED HOME LOS ANGELES, CACHARITABLE CONTRIBUTIONS$100,000
A SENSE OF HOME HAWTHORNE, CACHARITABLE CONTRIBUTIONS$25,000
ALS ASSOCIATION GOLDEN WEST CHAPTER WOODLAND HILLS, CACHARITABLE CONTRIBUTIONS$25,000
ANTELOPE VALLEY HEALTH PARTNERS LANCASTER, CACHARITABLE CONTRIBUTIONS$25,000
AUTISM PARTNERSHIP FOUNDATION SEAL BEACH, CACHARITABLE CONTRIBUTIONS$25,000
BOYS & GIRLS CLUB SAN PEDRO, CACHARITABLE CONTRIBUTIONS$50,000
BRAILLE INSTITUTE OF AMERICA INC LOS ANGELES, CACHARITABLE CONTRIBUTIONS$100,000
C BOOSTER CLUB RIVERSIDE, CACHARITABLE CONTRIBUTIONS$50,000
CEDARS SINAI MEDICAL CARE FOUNDATION LOS ANGELES, CACHARITABLE CONTRIBUTIONS$250,000
CHILDHOOD LEUKEMIA FOUNDATION BRICK, NJCHARITABLE CONTRIBUTIONS$10,000

Leadership & Key People

Leadership team and compensation from IRS filings

Renate S. Hochleitner – President/CEO (works 20 hours per week, compensation of $82,500)

Sarina Kaye – Chief Financial Officer

The foundation operates with a small staff, including part-time directors who serve without compensation.

Compensation Overview

From 2024 IRS filing

RENATE S HOCHLEITNERCHIEF EXECUTIVE OFFICER$83K

From 2024 filing

NameTitleHoursCompensation
RENATE S HOCHLEITNERCHIEF EXECUTIVE OFFICER20$82,500
SARINA KAYECHIEF FINANCIAL OFFICER2
CHARANJIV K SIDHUDIRECTOR2
TAMAR EKIZIANDIRECTOR2
MEREDITH FLANAGHANDIRECTOR2
DIANNE SATTERLEEDIRECTOR2

Recent News & Activity

Recent developments and announcements

The foundation has supported notable grantees including:

**Optimist Youth Homes and Family Services** – Funded new facilities and housing initiatives

Optimist Youth Homes and Family Services: New Facilities and Housing - L.L.

**Lost Angels Children's Project** – Supported programs focused on overcoming barriers for youth

Lost Angels Children''s Project: Overcoming Barriers - L.L. Foundation for
2021

The foundation publishes annual reports documenting its grantmaking activities and impact, with reports available for 2021, 2022, 2023, and 2024.

Subject Areas

Focus areas based on grantmaking activity

Frequently Asked Questions

What does Ll Foundation for Youth fund?

**Mission Statement:** The foundation provides financial assistance to Southern California organizations that help disadvantaged and disabled young adults feel seen, heard and understood as they transition to adulthood. The foundation is committed to supporting organizations that guide youth through the phase known as Emerging Adulthood—a uniquely challenging and formative period as young people transition from adolescence to early adulthood. **Primary Focus Areas:** • Medical and health assist…

How do I apply for a grant from Ll Foundation for Youth?

**Grant Range:** $10,000 to $500,000, with a median grant of approximately $50,000 **Annual Giving:** Approximately $3 million to $3.2 million annually **Decision Timeline:** 3-6 months **Recent Grant Activity (2024):** Notable grants include: • City of Hope: $250,000 • Cedars Sinai Medical Care Foundation: $250,000 • Children's Hospital Los Angeles (CHLA): $250,000 The foundation has established strategic partnerships with major medical institutions including Children's Hospital Los Angeles, C…

Where does Ll Foundation for Youth make grants?

The foundation primarily funds organizations in Southern California, with an emphasis on the Los Angeles area and surrounding regions. Other geographic areas are considered by invitation only. The foundation also supports projects in Colorado.

What size grants does Ll Foundation for Youth award?

In 2024, Ll Foundation for Youth awarded 43 grants totaling $3.0M — an average of about $70K per grant, based on its IRS Form 990 filings.

How much is Ll Foundation for Youth required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2024, Ll Foundation for Youth reported a distributable amount of $2.6M on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.

What is Ll Foundation for Youth's EIN?

Ll Foundation for Youth's EIN (Employer Identification Number) is 82-5249343. IRS Form 990 filing data is available on this page for 2020–2024.

Explore Open Grants

Browse active grant opportunities in Ll Foundation for Youth's focus areas in our free grants database

Related Funders

Similar funders by location and focus area

Data last updated June 2026. Sourced from IRS Form 990-PF filings. Research dossier generated April 2026.

What could you do with Ll Foundation for Youth on Grantable?

  • Assess strategic fit with your organization
  • Draft a tailored letter of inquiry
  • Find open RFPs from this funder
  • Monitor for new funding opportunities

Go from researching Ll Foundation for Youth to a real strategy.

Plan your approach