Philip & Linda Lesourd Lader Foundation

Private 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 2019 through 2025. As of 2025, the organization holds $2.8M in total assets. In 2025, it awarded 7 grants totaling $702K. Net investment income was $307K.

Philip & Linda Lesourd Lader Foundation at a glance

In short: Philip & Linda Lesourd Lader Foundation gave $702K across 7 grants in 2025 (avg $100K), mostly in Massachusetts. Source: 2025 IRS Form 990-PF.

Annual giving (2025)
$701,818
Grants made (2025)
7
Average grant
$100,260
Median grant
$81,178
Total assets
$2,825,281
-7.4% vs 2024
Primary geography
Massachusetts (100% of itemized 2025 grant dollars)
Latest 990 filing
Form 990-PF, 2025 View filing

Data from IRS Form 990-PF, 2025; updated November 2026.

Who Philip & Linda Lesourd Lader Foundation funds

How this funder distributes its grants

Top Recipients

Top 2 recipients in 2025

Vanguard Charitable Endowment Program-Lader Charitable Fund: $699K across 6 grantsVanguard Charitable EndowmentProgram-Lader Charitable Fund$699K · 6 grantsPembroke College Fund: $3KPembroke College Fund$3K

The largest 2025 recipient was Vanguard Charitable Endowment Program-Lader Charitable Fund ($699K across 6 grants). Together the top 2 received $702K.

Grant Size Distribution

10 grants across all recorded years

3<$50K2$50–100K3$100–250K2$250–500K$500K–1M$1–5M$5M+

The most common grant size was under $50K: 3 grants of 10 (30%).

Geographic Focus

Where this funder awards grants

Grant Distribution by State

9states

Share of 2025 grant dollars across all 7 itemized grants.

Cities

BostonBar HarborCambridgeDurhamEllsworthLewistonMiamiNew HavenNorth Palm BeachPark CityProvidenceProvoWashingtonWilliamsville

How Philip & Linda Lesourd Lader Foundation gives

  • Giving grew 251% from 2022 to 2025. Method
  • In 2025 it paid out 263% of its IRS minimum distribution (the 5% rule). 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

$0$200K$400K$600K$800K15 grants2019 3 grants2020 1 grant2021 1 grant2022 1 grant2023 0 grants2024 7 grants2025

From 2019 to 2025, annual grant giving ranged from $177K (2021) to $702K (2025). In 2025 it made 7 grants totaling $702K.

Grants by year

Grant recipients and amounts by year

RecipientPurposeAmount
Vanguard Charitable Endowment Program-Lader Charitable Fund Boston, MADonor adv fd- qual disbrib excl for charitable, religious, scientific, literary or educ purposes$362,426
Vanguard Charitable Endowment Program-Lader Charitable Fund Boston, MADonor adv fd - qual distrib excl for charitable, religious, scientific, literary or edu purposes$148,902
Vanguard Charitable Endowment Program-Lader Charitable Fund Boston, MADonor adv fd - qual distrib excl for charitable, religious, scientific, literary or edu purposes$94,802
Vanguard Charitable Endowment Program-Lader Charitable Fund Boston, MADonor adv fd - qual distrib excl for charitable, religious, scientific, literary or edu purposes$81,178
Vanguard Charitable Endowment Program-Lader Charitable Fund Boston, MADonor adv fd - qual distrib excl for charitable, religious, scientific, literary or edu purposes$12,000
Pembroke College Fund Williamsville, NYDonor adv fd- qual disbrib excl for charitable, religious, scientific, literary or educ purposes$2,500
Vanguard Charitable Endowment Program-Lader Charitable Fund Boston, MADonor adv fd - qual distrib excl for charitable, religious, scientific, literary or edu purposes$10
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Financial History

Multi-year comparison from IRS filings

Figures from IRS filings, by filing year
Filing yearTotal AssetsRevenueExpensesGrants paidGrantsQualifying DistributionsNet Investment IncomeDistributable Amount
2025$2,825,281$306,949$709,096$701,8187$701,818$306,849$266,669
2024$3,052,464$421,257$2,650———$421,257$293,913
2023$2,633,364$256,100$304,851$300,0001$300,000$256,100$279,136
2022$2,686,983$174,110$208,439$200,0001$200,000$174,110$286,375
2021$2,694,799$424,584$183,101$177,4671$177,467$424,584$310,068
2020$2,359,836$198,214$285,982$285,9823—$198,214$242,208
2019$2,329,865$255,347$352,035$344,23215—$255,347$241,940

Under IRS private-foundation payout rules, Philip & Linda Lesourd Lader Foundation reported a distributable amount of $267K for 2025 — the minimum it must pay out in qualifying distributions.

Leadership & Key People

Officers and directors from IRS filings

Philip & Linda Lesourd Lader Foundation's 2025 filing lists 3 officers; none of the 3 officers listed in 2025 report compensation.

Officers on the 2025 filing

  • Linda Whitaker Lader

    Trustee, Manager & Trustee

    On filings since 2019

    0.8 hrs/week

    No compensation reported

  • Mary Catherine Lader

    Trustee

    On filings since 2020

    0.8 hrs/week

    No compensation reported

  • Philip Lader

    Trustee

    On filings since 2020

    0.8 hrs/week

    No compensation reported

Former officers (2)
  • Former: Kenneth D. Fullerton (2019) — Trustee
  • Former: Marc A. Puntereri (2019) — Trustee

Data from IRS Form 990 filings, 2019–2025. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.

Frequently asked questions about Philip & Linda Lesourd Lader Foundation

How much does Philip & Linda Lesourd Lader Foundation give each year?

Philip & Linda Lesourd Lader Foundation gave $702K across 7 grants in 2025, according to its 2025 IRS Form 990-PF.

What is Philip & Linda Lesourd Lader Foundation's typical grant size?

Philip & Linda Lesourd Lader Foundation's median grant in 2025 was $81,178, and its average grant was $100,260, across 7 grants on its 2025 IRS Form 990-PF.

Where does Philip & Linda Lesourd Lader Foundation give grants?

Philip & Linda Lesourd Lader Foundation gives mostly in Massachusetts: 100% of the grant dollars itemized on its 2025 IRS Form 990-PF went to recipients there. The most frequent recipient cities were Boston, MA (6 grants).

Does Philip & Linda Lesourd Lader Foundation give general operating support?

Not in 2025: none of the 7 grants with a stated purpose on Philip & Linda Lesourd Lader Foundation's 2025 IRS Form 990-PF were described as general or operating support.

How large is Philip & Linda Lesourd Lader Foundation?

Philip & Linda Lesourd Lader Foundation reported $2.8M in total assets on its 2025 IRS Form 990-PF. It paid out $702K in qualifying distributions that year, against a required minimum of $267K (roughly 5% of its investment assets).

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 2019–2025.

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

Data update history

(3)

When this profile's IRS filing data changed on Grantable

  1. Added Form 990-PF for fiscal year 2019 (received by the IRS September 8, 2020)
  2. Added Form 990-PF for fiscal year 2025 (received by the IRS September 18, 2026)
  3. IRS filings on file for fiscal years 2020–2024

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The filing figures on this page are open data under CC BY 4.0. About GrantGraph Open

Figures come from Philip & Linda Lesourd Lader Foundation's IRS filings (methodology). AI-written summaries, news items and logos are not covered by the open licence. Spot an error? Email hello@grantable.co.

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