McLeod Blue Skye Charitable Foundation Inc
McLeod Blue Skye Charitable Foundation Inc is a private grantmaking foundation based in Branford, Connecticut. The foundation operates as a 501(c)(3) exempt private foundation and is classified under the NTEE code for Private Grantmaking Foundations (T20).
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$3.6M
+13.9% YoY
Annual Giving
$631K
+14.0% YoY
Grant Count
9
+0.0% YoY
Avg Grant Size
$70K
+14.0% YoY
Under IRS private-foundation payout rules, McLeod Blue Skye Charitable Foundation Inc reported a distributable amount of $563K for 2024 — the minimum it must pay out in qualifying distributions.
Grantmaking
The foundation has demonstrated consistent philanthropic activity with total giving of $631,000 recorded among foundations in the Branford area. The foundation makes grants to support educational and community initiatives.
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Geographic Focus
Where this funder awards grants
The foundation has supported institutions in Connecticut, with documented grants to organizations in the state.
Grant Distribution by State
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $3,586,691 | $3,148,639 | $3,282,212 |
| Revenue | $562,795 | $149,770 | $149,217 |
| Expenses | $753,256 | $653,664 | $841,984 |
| Qualifying Distributions | $631,000 | $553,500 | $733,500 |
| Net Investment Income | $625,465 | $556,280 | $533,540 |
| Distributable Amount | $562,658 | $490,950 | $525,461 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 9 recipients in 2024
Grant Size Distribution
47 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include Yale University ($225,000), Mit ($125,000), Sacred Heart University ($125,000).
| Recipient | Purpose | Amount |
|---|---|---|
| Yale University New Haven, CT | Annual Support | $225,000 |
| MIT Cambridge, MA | Annual Support | $125,000 |
| Sacred Heart University Fairfield, CT | Annual Support | $125,000 |
| University of Connecticut Storrs Mansfield, CT | Annual Support | $50,000 |
| CT Yankee Council BSA Milford, CT | Annual Support | $50,000 |
| Lehigh Univerity Bethlehem, PA | Annual Support | $25,000 |
| Fairfield College Preparatory School Fairfield, CT | Annual Support | $25,000 |
| Education & Hope Norwalk, CT | Annual Support | $5,000 |
| Yale University More House Fund New Haven, CT | Annual Support | $1,000 |
Leadership & Key People
Leadership team and compensation from IRS filings
Christopher K. McLeod and Elaine McLeod of Branford are associated with the foundation. Christopher K. McLeod has been a member of the Sacred Heart University Board of Trustees since 1989, serving in numerous capacities including chairman of the Executive Committee and currently as Board secretary. He is an investor and advisor in early-stage life science companies and is co-founder and CEO of AxioMx, Inc. in Branford.
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| CHRISTOPHER K MCLEOD | President Treas Dir | — | — |
| ELAINE M MCLEOD | Secretary Dir | — | — |
| SCOTT MCLEOD | Director | — | — |
| COLIN M MCLEOD | Director | — | — |
Frequently Asked Questions
How do I apply for a grant from McLeod Blue Skye Charitable Foundation Inc?
The foundation has demonstrated consistent philanthropic activity with total giving of $631,000 recorded among foundations in the Branford area. The foundation makes grants to support educational and community initiatives. The foundation awarded a $500,000 gift to Sacred Heart University in support of the university's new academic building and the establishment of the McLeod Center for Interactive Learning. This center focuses on training and research about high-impact teaching practices, inclu…
Where does McLeod Blue Skye Charitable Foundation Inc make grants?
The foundation has supported institutions in Connecticut, with documented grants to organizations in the state.
What size grants does McLeod Blue Skye Charitable Foundation Inc award?
In 2024, McLeod Blue Skye Charitable Foundation Inc awarded 9 grants totaling $631K — an average of about $70K per grant, based on its IRS Form 990 filings.
How much is McLeod Blue Skye Charitable Foundation Inc required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, McLeod Blue Skye Charitable Foundation Inc reported a distributable amount of $563K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is McLeod Blue Skye Charitable Foundation Inc's EIN?
McLeod Blue Skye Charitable Foundation Inc's EIN (Employer Identification Number) is 22-3216389. IRS Form 990 filing data is available on this page for 2020–2024.
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Data last updated June 2026. Sourced from IRS Form 990-PF filings. Research dossier generated April 2026.
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