Maud Glover Folsom Foundation Inc
The Maud Glover Folsom Foundation Inc. is a private foundation based in Simsbury, Connecticut, that provides educational financial aid to young men of German and Northern European descent. It was created by Charles Stuart Folsom in honor of his wife, Maud Glover Folsom, and became active in 1957.
Maud Glover Folsom Foundation Inc at a glance
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.
- Annual giving (2025)
- $536,000
- +67.5% vs 2024
- Grants made (2025)
- 77
- -3.8% vs 2024
- Average grant
- $6,961
- +74.0% vs 2024
- Median grant
- $8,000
- Total assets
- $12,688,366
- +4.0% vs 2024
- Primary geography
- Connecticut (100% of itemized 2025 grant dollars)
- Latest 990 filing
- Form 990-PF, 2025 View filing
Data from IRS Form 990-PF, 2025; updated October 2026.
How to apply to Maud Glover Folsom Foundation Inc
- How to Apply
-
The website instructs applicants to download and complete the application, including its genealogy section, and mail it with pertinent materials and a copy of a recent photo ID. Applicants must be available for an online interview and read the Foundation Handbook. The filing lists requested information including applicant and family details, employment and arrest information, references, marital status, memberships, extracurricular activities, other scholarships, a photo, and genealogy. The filing states a maximum grant of $30,000 per year.
- Review Cycle
- None is listed on the filing.
- Deadline
- None is listed on the filing.
- Contact
Application contact: William F Austin
Mailing address: 7 Beldenwood Rd, Simsbury, CT 06070
Phone: (860) 729-7498
Website: https://maudgloverfolsomfoundation.org
Application details from Grantable's research on the foundation's public materials; confirm on its website before applying.
Who Maud Glover Folsom Foundation Inc funds
How this funder distributes its grants
Top Recipients
Top recipient in 2025
The largest 2025 recipient was Christian Lamers ($4K).
Organizations only. It also paid 76 individual scholarships ($532,000), which are not listed by name.
Grant Size Distribution
268 grants across all recorded years
The most common grant size was under $50K: 267 grants of 268 (100%).
Geographic Focus
Where this funder awards grants
All grant dollars itemized for filing year 2025 went to recipients in Connecticut.
Grant Distribution by State
Share of 2025 grant dollars across all 77 itemized grants.
States
Cities
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.
Giving History
Giving Over Time
Total grant dollars and number of grants per year
From 2021 to 2025, annual grant giving ranged from $35K (2021) to $980K (2023). In 2025 it made 77 grants totaling $536K.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| 50 individual scholarships Recipients not named | — | $400,000 |
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Financial History
Multi-year comparison from IRS filings
| Filing year | Total Assets | Revenue | Expenses | Grants paid | Grants | Qualifying Distributions | Net Investment Income | Distributable Amount |
|---|---|---|---|---|---|---|---|---|
| 2025 | $12,688,366 | $1,304,090 | $814,475 | $536,000 | 77 | $693,375 | $898,992 | $760,119 |
| 2024 | $12,198,751 | $436,587 | $400,656 | $320,000 | 80 | $370,632 | $409,063 | $304,265 |
| 2023 | $12,699,629 | $7,056,569 | $1,274,265 | $979,992 | 103 | $1,115,780 | $6,878,970 | $450,837 |
| 2022 | $6,124,339 | $727,156 | $802,834 | $581,989 | 1 | $680,986 | $546,504 | $709,262 |
| 2021 | $6,208,598 | $1,104,818 | $268,033 | $35,000 | 7 | — | $291,189 | $641,508 |
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.
Research compiled by Grantable AI from public sources. Last updated October 2026.
Mission & Focus Areas
The foundation’s stated purpose is to provide financial aid to young men of German and Northern European descent. Its website describes this aid as scholarships for education. Applicants must be male, U.S. citizens, over 13 and under 20, and have German and/or Northern European ancestry on both their maternal and paternal 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 largest reported grants were $8,000 scholarships to individual recipients; all reported grant dollars went to recipients in Connecticut. The foundation’s website says selected students receive at least $5,000 per year, subject to requirements including full-time enrollment in a traditional academic or vocational program requiring tuition and maintaining a C+ average. It says scholarships may continue through graduate and doctoral studies if the student’s studies are not interrupted.
Leadership & Key People
Leadership team and compensation from IRS filings
The 2025 filing lists Charles Leonard as president, Richard Dias as secretary, and William F. Austin as treasurer. The foundation’s website identifies 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
The highest reported compensation on the 2025 filing was $32K, to Richard Dias (Secretary). 3 officers or directors reported compensation on that filing.
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.
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).
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’s stated purpose is to provide financial aid to young men of German and Northern European descent. Its website describes this aid as scholarships for education. See mission & focus areas ↑
How do I apply for a grant from Maud Glover Folsom Foundation Inc?
The website instructs applicants to download and complete the application, including its genealogy section, and mail it with pertinent materials and a copy of a 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 October 2026. Sourced from IRS Form 990-PF filings. Research dossier generated October 2026.
Data update history
(4)
When this profile's IRS filing data changed on Grantable
- Updated Form 990-PF for fiscal year 2021 (received by the IRS June 14, 2023)
- Updated Form 990-PF for fiscal year 2024 (received by the IRS November 12, 2025)
- Added Form 990-PF for fiscal year 2025 (received by the IRS May 11, 2026)
- IRS filings on file for fiscal years 2021–2024
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