Philip & Linda Lesourd Lader Foundation

Foundation · Grantmaker NORTH PALM BEACH, FL EIN: 57-6111836

Philip & Linda Lesourd Lader Foundation is a private foundation, based in NORTH PALM BEACH, FL. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $3.1M in total assets. Net investment income was $421K.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$3.1M

+15.9% YoY

Revenue

$421K

+64.5% YoY

Net Investment Income

$421K

+64.5% YoY

Expenses

$3K

-99.1% YoY

Under IRS private-foundation payout rules, Philip & Linda Lesourd Lader Foundation reported a distributable amount of $294K for 2024 — the minimum it must pay out in qualifying distributions.

About Philip & Linda Lesourd Lader Foundation

Based on IRS filings

Philip & Linda Lesourd Lader Foundation is a private foundation, based in NORTH PALM BEACH, FL. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $3.1M in total assets. Net investment income was $421K.

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

2states

Cities

Bar HarborBoston

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$117K$234K$350K$467K20202021202220232024
Metric202420232022
Total Assets$3,052,464$2,633,364$2,686,983
Revenue$421,257$256,100$174,110
Expenses$2,650$304,851$208,439
Qualifying Distributions$300,000$200,000
Net Investment Income$421,257$256,100$174,110
Distributable Amount$293,913$279,136$286,375

Giving Over Time

Total grant dollars and number of grants per year

$0$75K$150K$225K$300K3 grants20201 grants20211 grants20221 grants20230 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 0 recipients in 2024

Grant Size Distribution

6 grants across all recorded years

1<$50K$50–100K4$100–250K1$250–500K$500K–1M$1–5M$5M+

Giving History

Grant recipients and amounts by year

No grants recorded for 2024.

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

From 2024 filing

NameTitleHoursCompensation
LINDA LESOURD LADERTRUSTEE/MGR0.75
PHILIP LADERTRUSTEE0.75
MARY CATHERINE LADERTRUSTEE0.75
LINDA WHITAKER LADERTRUSTEE0.75

Frequently Asked Questions

How large is Philip & Linda Lesourd Lader Foundation?

As of 2024, Philip & Linda Lesourd Lader Foundation holds $3.1M in total assets with $421K in annual revenue.

Where does Philip & Linda Lesourd Lader Foundation operate?

Philip & Linda Lesourd Lader Foundation has awarded grants in Massachusetts, Maine.

How much is Philip & Linda Lesourd Lader Foundation required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2024, Philip & Linda Lesourd Lader Foundation reported a distributable amount of $294K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.

What is Philip & Linda Lesourd Lader Foundation's EIN?

Philip & Linda Lesourd Lader Foundation's EIN (Employer Identification Number) is 57-6111836. IRS Form 990 filing data is available on this page for 2020–2024.

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Data last updated April 2026. Sourced from IRS Form 990-PF filings.

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