Margaret Paxton Memorial for Convalescent Children
Margaret Paxton Memorial for Convalescent Children is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in LEESBURG, VA. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $9.4M in total assets. In 2024, it awarded 1 grants totaling $592K. Net investment income was $527K.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$9.4M
+2.3% YoY
Annual Giving
$592K
-3.9% YoY
Grant Count
1
-50.0% YoY
Avg Grant Size
$592K
+92.2% YoY
About Margaret Paxton Memorial for Convalescent Children
Based on IRS filings
Margaret Paxton Memorial for Convalescent Children is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in LEESBURG, VA. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $9.4M in total assets. In 2024, it awarded 1 grants totaling $592K. Net investment income was $527K.
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 | $9,406,787 | $9,192,488 | $9,273,849 |
| Revenue | $570,164 | $161,511 | $201,256 |
| Expenses | $945,556 | $822,945 | $758,821 |
| Qualifying Distributions | $756,472 | $653,067 | $578,656 |
| Net Investment Income | $527,449 | $108,993 | $105,696 |
| Distributable Amount | — | — | — |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 1 recipients in 2024
Grant Size Distribution
33 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include ARC of Loudoun ($591,500).
| Recipient | Purpose | Amount |
|---|---|---|
| ARC of Loudoun Leesburg, VA | Unrestricted contribution | $591,500 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| Melinda Hartman | Trustee | 3 | — |
| Paige Buscema | Trustee | 3 | — |
| Mary Lou Leipheimer | Trustee | 3 | — |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is Margaret Paxton Memorial for Convalescent Children?
Margaret Paxton Memorial for Convalescent Children is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in LEESBURG, VA. It holds $9.4M in total assets as of 2024.
How large is Margaret Paxton Memorial for Convalescent Children?
As of 2024, Margaret Paxton Memorial for Convalescent Children holds $9.4M in total assets with $570K in annual revenue. It awarded 1 grants totaling $592K in 2024.
Where does Margaret Paxton Memorial for Convalescent Children operate?
Margaret Paxton Memorial for Convalescent Children has awarded grants in Virginia.
What size grants does Margaret Paxton Memorial for Convalescent Children award?
In 2024, Margaret Paxton Memorial for Convalescent Children awarded 1 grants totaling $592K — an average of about $592K per grant, based on its IRS Form 990 filings.
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 2020–2024.
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.
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