Nicholas Leep & Hilda Leep Foundation

Foundation · Grantmaker HIGHLAND, IN EIN: 35-6079803

The Nicholas Leep & Hilda Leep Foundation is a private foundation based in Highland, Indiana. Designated as a 501(c)(3) organization, it has maintained tax-exempt status since June 1968. The foundation focuses on philanthropic grantmaking across multiple sectors and geographic regions.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

-100.0% YoY

Annual Giving

$1.8M

+1294.4% YoY

Grant Count

31

+6.9% YoY

Avg Grant Size

$57K

+1204.5% YoY

Under IRS private-foundation payout rules, Nicholas Leep & Hilda Leep Foundation reported a distributable amount of $42K for 2024 — the minimum it must pay out in qualifying distributions.

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

Mission & Focus Areas

The foundation's grant-making priorities include:

  • Education
  • Philanthropy, Voluntarism & Grantmaking
  • Human Services

Grantmaking

The foundation has filed a final return as of 2024, indicating a conclusion to its grantmaking activities.

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Geographic Focus

Where this funder awards grants

The foundation primarily funds organizations in:

  • Illinois
  • Indiana
  • Michigan

Grant Distribution by State

6states

Cities

AlleganAntiochBenton HarborCarol StreamChicagoCrestwoodCreteElkhartGrand RapidsGriffithGurneeHammondHebronHighlandHillsboroHobartLansingMunsterNashvilleNiles

Financial History

Multi-year comparison from IRS filings

As of 2024 Form 990 filing:

  • Total Assets: $0
  • Total Giving: $1,742,000
  • Revenue: $21,000
  • Expenses: $1,770,000
  • Total Liabilities: $0
Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$486K$972K$1M$2M2021202220232024
Metric202420232022
Total Assets$1,300,147$1,253,194
Revenue$20,997$78,704$130,924
Expenses$1,767,905$132,728$127,795
Qualifying Distributions$1,742,000$126,000$125,000
Net Investment Income$466,736$179,134$230,999
Distributable Amount$41,776$91,125$103,145

Giving Over Time

Total grant dollars and number of grants per year

$0$439K$879K$1M$2M33 grants202130 grants202229 grants202331 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 10 recipients in 2024

HIGHLAND CHRISTIAN SCHOOL$320KILLIANA CHRISTIAN HIGH S…$320KELIM CHRISTIAN SERVICES$320KCHICAGO WESTSIDE CHRISTI…$200KROSELAND CHRISTIAN MINIS…$200KTRINITY CHRISTIAN COLLEGE$200KWORLD RENEW$16KOPPORTUNITY INTERNATIONAL$15KSTRATEGIC CHRISTIAN MINI…$12KLIFELINE YOUTH MINISTRIES$12K

Grant Size Distribution

123 grants across all recorded years

117<$50K$50–100K3$100–250K3$250–500K$500K–1M$1–5M$5M+

Giving History

Grant recipients and amounts by year

Among its reported 2024 grants, the largest include Highland Christian School ($320,000), Illiana Christian High School ($320,000), Elim Christian Services ($320,000).

RecipientPurposeAmount
BETHSHAN VILLAGE PALOS HEIGHTS, ILBUILDING FUND$4,000
BIBLE LEAGUE CRETE, ILGENERAL FUND$2,000
CHICAGO WESTSIDE CHRISTIAN SCHOOL CHICAGO, ILDIVERSE LEARNING PROGRAM$200,000
CORNERSTONE ACADEMY CHICAGO, ILGENERAL FUND$8,000
DONKA INC WHEATON, ILGENERAL FUND$10,000
EVERY CHILD MINISTRIES HEBRON, INGENERAL FUND$10,000
GUIDEONS NASHVILLE, TNBIBLE DISTRIBUTION$2,000
HAMMOND CHRISTIAN REFORM CHURCH HAMMOND, INGENERAL FUND$8,000
HEARTS IN MOTION HIGHLAND, INGENERAL FUND$10,000
HIGHLAND CHRISTIAN SCHOOL HIGHLAND, INDEBT REDUCATION$320,000

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

From 2024 filing

NameTitleHoursCompensation
BRUCE E LEEPPRESIDENT5
MARY DRIMALLASEC/TREAS5
JOYCE VANDERMOLENDIRECTOR1
BARTON D LEEP SRDIRECTOR1
FREDERICK LEEPDIRECTOR1

Frequently Asked Questions

What does Nicholas Leep & Hilda Leep Foundation fund?

The foundation's grant-making priorities include: • Education • Philanthropy, Voluntarism & Grantmaking • Human Services

How do I apply for a grant from Nicholas Leep & Hilda Leep Foundation?

**Grant Amounts:** Typical awards range from $500 to $320,000. **Recent Activity:** According to the most recent 2024 Form 990 filing, the foundation distributed $1,742,000 in total giving. The foundation has filed a final return as of 2024, indicating a conclusion to its grantmaking activities.

Where does Nicholas Leep & Hilda Leep Foundation make grants?

The foundation primarily funds organizations in: • Illinois • Indiana • Michigan

What size grants does Nicholas Leep & Hilda Leep Foundation award?

In 2024, Nicholas Leep & Hilda Leep Foundation awarded 31 grants totaling $1.8M — an average of about $57K per grant, based on its IRS Form 990 filings.

How much is Nicholas Leep & Hilda Leep Foundation required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2024, Nicholas Leep & Hilda Leep Foundation reported a distributable amount of $42K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.

What is Nicholas Leep & Hilda Leep Foundation's EIN?

Nicholas Leep & Hilda Leep Foundation's EIN (Employer Identification Number) is 35-6079803. IRS Form 990 filing data is available on this page for 2021–2024.

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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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