The Karen Legotte Foundation Inc
The Karen Legotte Foundation Inc is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in POMPANO BEACH, FL. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $110K in total assets. In 2024, it awarded 1 grants totaling $50K. Net investment income was $160K.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$110K
Annual Giving
$50K
Grant Count
1
Avg Grant Size
$50K
Under IRS private-foundation payout rules, The Karen Legotte Foundation Inc reported a distributable amount of $3K for 2024 — the minimum it must pay out in qualifying distributions.
About The Karen Legotte Foundation Inc
Based on IRS filings
The Karen Legotte Foundation Inc is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in POMPANO BEACH, FL. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $110K in total assets. In 2024, it awarded 1 grants totaling $50K. Net investment income was $160K.
Focus Areas
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2022 | 2021 |
|---|---|---|---|
| Total Assets | $109,639 | $52,613 | $116,379 |
| Revenue | $160,985 | $3,485 | $172,589 |
| Expenses | $51,346 | $75,583 | $123,951 |
| Qualifying Distributions | $50,000 | $71,051 | — |
| Net Investment Income | $159,639 | — | $135,963 |
| Distributable Amount | $2,878 | $5,606 | $11,571 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 1 recipients in 2024
Grant Size Distribution
61 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include Concerned Citizens of Montauk ($50,000).
| Recipient | Purpose | Amount |
|---|---|---|
| CONCERNED CITIZENS OF MONTAUK MONTAUK, NY | TO ENABLE THE DONEES TO CARRY-OUT THEIR TAX EXEMPT PURPOSES. | $50,000 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| KAREN P LEGOTTE | PRESIDENT | — | — |
| PATRICIA JORDAN | VICE PRESIDENT | — | — |
| THOMAS LEGOTTE | SECRETARY | — | — |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is The Karen Legotte Foundation Inc?
The Karen Legotte Foundation Inc is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in POMPANO BEACH, FL. It holds $110K in total assets as of 2024.
How large is The Karen Legotte Foundation Inc?
As of 2024, The Karen Legotte Foundation Inc holds $110K in total assets with $161K in annual revenue. It awarded 1 grants totaling $50K in 2024.
Where does The Karen Legotte Foundation Inc operate?
The Karen Legotte Foundation Inc has awarded grants in California, Florida, Massachusetts, New Jersey, New York, South Carolina, Texas, Virginia.
What size grants does The Karen Legotte Foundation Inc award?
In 2024, The Karen Legotte Foundation Inc awarded 1 grants totaling $50K — an average of about $50K per grant, based on its IRS Form 990 filings.
How much is The Karen Legotte Foundation Inc required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, The Karen Legotte Foundation Inc reported a distributable amount of $3K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is The Karen Legotte Foundation Inc's EIN?
The Karen Legotte Foundation Inc's EIN (Employer Identification Number) is 13-4114123. 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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