Maud Glover Folsom Foundation Inc logo

Maud Glover Folsom Foundation Inc

Private foundation · Grantmaker Simsbury, CT EIN: 11-1965890 Website

The Maud Glover Folsom Foundation Inc. is a private foundation based in Simsbury, Connecticut. It provides financial aid and scholarships for young men of German and Northern European descent to support their education.

Key facts about Maud Glover Folsom Foundation Inc

In short: Maud Glover Folsom Foundation Inc gave $536K across 77 grants in 2025 (avg $7K), mostly in Connecticut. Source: 2025 IRS Form 990-PF.

EIN
11-1965890
Latest 990 filing
Form 990-PF, 2025
Annual giving (2025)
$536,000
Grants made (2025)
77
Average grant
$6,961
Median grant
$8,000
Total assets
$12,688,366
Primary geography
Connecticut (100% of itemized 2025 grant dollars)
How to apply
The foundation’s website directs applicants to download and complete an application and mail it with completed genealogy pages and a copy of recent photo ID. Full details ↓
Deadline
None.

Data from IRS Form 990-PF, 2025; updated September 2026. Application details from Grantable's research on the foundation's public materials; confirm on its website before applying.

Financial Overview

From 2025 IRS Form 990-PF · View filing

Total Assets

$12.7M

+4.0% YoY

Annual Giving

$536K

+67.5% YoY

Grant Count

77

-3.8% YoY

Avg Grant Size

$7K

+74.0% YoY

Under IRS private-foundation payout rules, Maud Glover Folsom Foundation Inc reported a distributable amount of $760K for 2025 — the minimum it must pay out in qualifying distributions.

How Maud Glover Folsom Foundation Inc gives

  • Giving held roughly steady from 2022 to 2025 (−8%). Method
  • In 2025 it paid out 91% of its IRS minimum distribution (the 5% rule). Foundations have until the end of the next year to meet it. Method

From the foundation's IRS Form 990-PF filings. Methodology.

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

Mission & Focus Areas

The foundation says it was created to provide financial aid to young men of German and/or Northern European descent. Its scholarship program supports educational study, including traditional academic and vocational programs. Applicants must be male, U.S. citizens, over 13 and under 20, and have German and/or Northern European ancestry on both paternal and maternal sides for at least four generations.

Grantmaking

In filing year 2025, the foundation reported 77 grants totaling $536,000. Individual grants ranged from $4,000 to $8,000, with a median of $8,000. The 2025 filing lists scholarships to individuals, including $8,000 awards to Alexander Foster, Asa Bradley, Benjamin Doeringer-Smith, and Logan Blair, all of Simsbury, Connecticut; the listed purposes were “scholarship recipient.” All grant dollars reported for 2025 went to recipients in Connecticut.

Review Cycle

None.

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Geographic Focus

Where this funder awards grants

All grant dollars reported for filing year 2025 went to recipients in Connecticut.

Grant Distribution by State

31states

Share of 2025 grant dollars across all 77 itemized grants.

Cities

SimsburyMoscowErieMarionRidgefieldSeattleAuroraBrush PrairieChicagoCincinnatiGreenwichPinehurstRoyersfordVancouverAkronArdmoreAsburnAshevilleAthensAuburn

Giving Over Time

Total grant dollars and number of grants per year

$0$250K$500K$750K$1M7 grants2021 1 grant2022 103 grants2023 80 grants2024 77 grants2025

From 2021 to 2025, annual grant giving ranged from $35K (2021) to $980K (2023). In 2025 it made 77 grants totaling $536K.

Grant Insights

How this funder distributes its grants

Top Recipients

Top 10 recipients in 2025

Alexander Foster: $8KAlexander Foster$8KAsa Bradley: $8KAsa Bradley$8KBenjamin Doeringer-Smith: $8KBenjamin Doeringer-Smith$8KBenjamin Warner: $8KBenjamin Warner$8KLogan Blair: $8KLogan Blair$8KBraden Moore: $8KBraden Moore$8KBrandon Black: $8KBrandon Black$8KBrandon Schnell: $8KBrandon Schnell$8KCarson Clark: $8KCarson Clark$8KCharlie Trofholz: $8KCharlie Trofholz$8K

The largest 2025 recipient was Alexander Foster ($8K). Together the top 10 received $80K.

Grant Size Distribution

268 grants across all recorded years

267<$50K$50–100K$100–250K$250–500K1$500K–1M$1–5M$5M+

The most common grant size was under $50K: 267 grants of 268 (100%).

Giving History

Grant recipients and amounts by year

RecipientPurposeAmount
Alexander Foster Simsbury, CTScholarship Recipient$8,000
Asa Bradley Simsbury, CTScholarship Recipient$8,000
Benjamin Doeringer-Smith Simsbury, CTScholarship Recipient$8,000
Benjamin Warner Simsbury, CTScholarship Recipient$8,000
Logan Blair Simsbury, CTScholarship Recipient$8,000
Braden Moore Simsbury, CTScholarship Recipient$8,000
Brandon Black Simsbury, CTScholarship Recipient$8,000
Brandon Schnell Simsbury, CTScholarship Recipient$8,000
Carson Clark Simsbury, CTScholarship Recipient$8,000
Charlie Trofholz Simsbury, CTScholarship Recipient$8,000

Financial History

Multi-year comparison from IRS filings

Filing year Assets Revenue Expenses Grants
2025 $12,688,366 $1,304,090 $814,475 $536,000
2024 $12,198,751 $436,587 $400,656 $320,000
2023 $12,699,629 $7,056,569 $1,274,265 $979,992
Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$2M$4M$6M$8M2021 2022 2023 2024 2025
Metric202520242023
Total Assets$12,688,366$12,198,751$12,699,629
Revenue$1,304,090$436,587$7,056,569
Expenses$814,475$400,656$1,274,265
Qualifying Distributions$693,375$370,632$1,115,780
Net Investment Income$898,992$409,063$6,878,970
Distributable Amount$760,119$304,265$450,837

Data update history

When this profile's IRS filing data changed on Grantable

  1. Updated Form 990-PF for fiscal year 2021 (received by the IRS June 14, 2023)
  2. Updated Form 990-PF for fiscal year 2024 (received by the IRS November 12, 2025)
  3. Added Form 990-PF for fiscal year 2025 (received by the IRS May 11, 2026)
  4. IRS filings on file for fiscal years 2021–2024

Leadership & Key People

Leadership team and compensation from IRS filings

The 2025 filing lists Richard Dias as secretary, Charles Leonard as president, and William F. Austin as treasurer. The foundation’s website identifies William F. Austin as a trustee and the contact for application inquiries.

Maud Glover Folsom Foundation Inc is led by Charles Leonard, President on every filing since 2021; all 3 officers listed in 2025 are compensated.

Officers on the 2025 filing

  • Charles Leonard

    President

    On filings since 2021

    20 hrs/week

    $7K (2021) → $32K (2025)

  • Richard Dias

    Secretary

    On filings since 2021

    20 hrs/week

    $7K (2021) → $32K (2025)

  • William F. Austin

    Treasurer

    On filings since 2021

    20 hrs/week

    $7K (2021) → $32K (2025)

Data from IRS Form 990 filings, 2021–2025. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.

Compensation Overview

From 2025 IRS filing

Richard Dias — Secretary: $32KRichard DiasSecretary$32KCharles Leonard — President: $32KCharles LeonardPresident$32KWilliam F Austin — Treasurer: $32KWilliam F AustinTreasurer$32K

The highest reported compensation on the 2025 filing was $32K, to Richard Dias (Secretary). 3 officers or directors reported compensation on that filing.

Contact

Application contact: William F Austin
Mailing address: 7 Beldenwood Rd, Simsbury, CT 06070
Phone: (860) 729-7498
Email: mauglofol@gmail.com
Website: https://maudgloverfolsomfoundation.org

Frequently asked questions about Maud Glover Folsom Foundation Inc

How much does Maud Glover Folsom Foundation Inc give each year?

Maud Glover Folsom Foundation Inc gave $536K across 77 grants in 2025, according to its 2025 IRS Form 990-PF. In 2024 it gave $320K across 80 grants.

What is Maud Glover Folsom Foundation Inc's typical grant size?

Maud Glover Folsom Foundation Inc's median grant in 2025 was $8,000, and its average grant was $6,961, across 77 grants on its 2025 IRS Form 990-PF.

Where does Maud Glover Folsom Foundation Inc give grants?

Maud Glover Folsom Foundation Inc gives mostly in Connecticut: 100% of the grant dollars itemized on its 2025 IRS Form 990-PF went to recipients there. The most frequent recipient cities were Simsbury, CT (77 grants).

Does Maud Glover Folsom Foundation Inc give general operating support?

Not in 2025: none of the 77 grants with a stated purpose on Maud Glover Folsom Foundation Inc's 2025 IRS Form 990-PF were described as general or operating support. Recurring purposes include "Scholarship Recipient" (77 grants).

Who are Maud Glover Folsom Foundation Inc's largest grantees?

Maud Glover Folsom Foundation Inc's largest 2025 grantees include Alexander Foster ($8,000), Asa Bradley ($8,000) and Benjamin Doeringer-Smith ($8,000), according to its 2025 IRS Form 990-PF. Together they received 4% of its itemized 2025 grant dollars.

How large is Maud Glover Folsom Foundation Inc?

Maud Glover Folsom Foundation Inc reported $12.7M in total assets on its 2025 IRS Form 990-PF. It paid out $693K in qualifying distributions that year, against a required minimum of $760K (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 Maud Glover Folsom Foundation Inc fund?

The foundation says it was created to provide financial aid to young men of German and/or Northern European descent. Its scholarship program supports educational study, including traditional academic and vocational programs. See mission & focus areas ↑

How do I apply for a grant from Maud Glover Folsom Foundation Inc?

The foundation’s website directs applicants to download and complete an application and mail it with completed genealogy pages and a copy of recent photo ID. Eligibility and process details are in the grantmaking section of this profile. See how to apply ↑

What is Maud Glover Folsom Foundation Inc's EIN?

Maud Glover Folsom Foundation Inc's EIN (Employer Identification Number) is 11-1965890. IRS Form 990 filing data is available on this page for 2021–2025.

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

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