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
Ready to take the next step with Margaret Paxton Memorial for Convalescent Children?
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
No grants recorded for .
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
Related Funders
Similar funders by location and focus area
Wolf Family Charitable Trust
OAKTON, VA
Assets
$385K
Grants
5
Total Given
$189K
Stone Ridge Foundation
ALTAVISTA, VA
Assets
$6.4M
Grants
2
Total Given
$15K
Lawrence and Ira Straus Charitable Tr
ARLINGTON, VA
Assets
$236K
Grants
12
Total Given
$8K
Iraqi Children Foundation Inc
FAIRFAX, VA
Assets
$101K
Grants
2
Total Given
$610K
Mjh Foundation
VIRGINIA BEACH, VA
Assets
$46.5M
Grants
1
Total Given
$1.9M
The Roth Family Foundation
ARLINGTON, VA
Assets
$67K
Grants
1
Total Given
$25K
Data last updated April 2026. Sourced from IRS Form 990-PF filings.
What could you do with Margaret Paxton Memorial for Convalescent Children 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