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 2020 through 2024. As of 2024, the organization holds $3.1M in total assets. Net investment income was $421K.

Philip & Linda Lesourd Lader Foundation at a glance

Total assets
$3,052,464
+15.9% vs 2023
Revenue (2024)
$421,257
+64.5% vs 2023
Net investment income (2024)
$421,257
+64.5% vs 2023
Expenses (2024)
$2,650
-99.1% vs 2023
Latest 990 filing
Form 990-PF, 2024 View filing

Data from IRS Form 990-PF, 2024; updated September 2026.

Who Philip & Linda Lesourd Lader Foundation funds

How this funder distributes its grants

Grant Size Distribution

6 grants across all recorded years

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

The most common grant size was in the $100–250K range: 4 grants of 6 (67%).

Geographic Focus

Where this funder awards grants

Grant Distribution by State

2states

Cities

BostonBar Harbor

How Philip & Linda Lesourd Lader Foundation gives

  • Giving held roughly steady from 2020 to 2023 (+5%). Method
  • In 2023 it paid out 107% 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$100K$200K$300K3 grants2020 1 grant2021 1 grant2022 1 grant2023 0 grants2024

From 2020 to 2023, annual grant giving ranged from $177K (2021) to $300K (2023). In 2023 it made 1 grant totaling $300K.

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$300,000
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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
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

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.

Leadership & Key People

Officers and directors from IRS filings

Philip & Linda Lesourd Lader Foundation's 2024 filing lists 3 officers; none of the 3 officers listed in 2024 report compensation.

Officers on the 2024 filing

  • Linda Whitaker Lader

    Trustee, Manager & Trustee

    On filings since 2020

    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

Data from IRS Form 990 filings, 2020–2024. "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 large is Philip & Linda Lesourd Lader Foundation?

Philip & Linda Lesourd Lader Foundation reported $3.1M in total assets on its 2024 IRS Form 990-PF. Its revenue that year was $421K.

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.

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

Data update history

(1)

When this profile's IRS filing data changed on Grantable

  1. 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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