Margaret Paxton Memorial for Convalescent Children

Private foundation · Grantmaker Leesburg, VA EIN: 54-0600400

Margaret Paxton Memorial for Convalescent Children is a private foundation, based in Leesburg, VA. IRS filing data is available from 2020 through 2025. As of 2025, the organization holds $9.1M in total assets. In 2025, it awarded 1 grant totaling $364K. Net investment income was $278K.

Key facts about Margaret Paxton Memorial for Convalescent Children

In short: Margaret Paxton Memorial for Convalescent Children gave $364K across 1 grant in 2025 (avg $364K), mostly in Virginia. Source: 2025 IRS Form 990-PF.

EIN
54-0600400
Latest 990 filing
Form 990-PF, 2025
Annual giving (2025)
$364,000
Grants made (2025)
1
Average grant
$364,000
Median grant
$364,000
Total assets
$9,050,921
Primary geography
Virginia (100% 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

$9.1M

-3.8% YoY

Annual Giving

$364K

-38.5% YoY

Grant Count

1

+0.0% YoY

Avg Grant Size

$364K

-38.5% YoY

How Margaret Paxton Memorial for Convalescent Children gives

  • Giving fell 32% from 2022 to 2025. 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

1state

Share of the 2025 grant dollars on its one itemized grant.

States

Cities

LeesburgAshburnWaterfordPurcellvilleAnnandaleHerndonOaktonSterlingVienna

Giving Over Time

Total grant dollars and number of grants per year

$0$200K$400K$600K$800K14 grants2020 8 grants2021 8 grants2022 2 grants2023 1 grant2024 1 grant2025

From 2020 to 2025, annual grant giving ranged from $364K (2025) to $616K (2023). In 2025 it made 1 grant totaling $364K.

Grant Insights

How this funder distributes its grants

Top Recipients

Top recipient in 2025

ARC of Loudoun: $364KARC of Loudoun$364K

The largest 2025 recipient was ARC of Loudoun ($364K).

Grant Size Distribution

20 grants across all recorded years

15<$50K$50–100K$100–250K1$250–500K4$500K–1M$1–5M$5M+

The most common grant size was under $50K: 15 grants of 20 (75%).

Giving History

Grant recipients and amounts by year

RecipientPurposeAmount
ARC of Loudoun Leesburg, VAUnrestricted contribution$364,000

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$500K$1M$1.5M2020 2021 2022 2023 2024 2025
Metric202520242023
Total Assets$9,050,921$9,406,787$9,192,488
Revenue$319,820$570,164$161,511
Expenses$1,032,134$945,556$822,945
Qualifying Distributions$871,645$756,472$653,067
Net Investment Income$277,705$527,449$108,993

Data update history

When this profile's IRS filing data changed on Grantable

  1. Added Form 990-PF for fiscal year 2025 (received by the IRS July 22, 2026)
  2. IRS filings on file for fiscal years 2020–2024

Leadership & Key People

Officers and directors from IRS filings

Margaret Paxton Memorial for Convalescent Children's 2025 filing lists 3 officers; none of the 3 officers listed in 2025 report compensation.

Officers on the 2025 filing

  • Melinda H. Hartman

    Trustee

    On filings since 2020

    3 hrs/week

    No compensation reported

  • Paige Buscema

    Trustee

    On filings since 2021

    3 hrs/week

    No compensation reported

  • Mary Lou Leipheimer

    Trustee

    On filings since 2022

    3 hrs/week

    No compensation reported

Former officers (2)
  • Former: Basil Delashmutt (2020–2021) — Trustee
  • Former: William B. Hanes (2020) — 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.

Frequently asked questions about Margaret Paxton Memorial for Convalescent Children

How much does Margaret Paxton Memorial for Convalescent Children give each year?

Margaret Paxton Memorial for Convalescent Children gave $364K across 1 grant in 2025, according to its 2025 IRS Form 990-PF. In 2024 it gave $592K across 1 grant.

How large is Margaret Paxton Memorial for Convalescent Children?

Margaret Paxton Memorial for Convalescent Children reported $9.1M in total assets on its 2025 IRS Form 990-PF. Its revenue that year was $320K.

Where does Margaret Paxton Memorial for Convalescent Children operate?

Margaret Paxton Memorial for Convalescent Children has awarded grants in Virginia.

What is Margaret Paxton Memorial for Convalescent Children's EIN?

Margaret Paxton Memorial for Convalescent Children's EIN (Employer Identification Number) is 54-0600400. 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.

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