The Lee and Juliet Folger Fund
The Lee and Juliet Folger Fund is a private family foundation based in McLean, Virginia. Incorporated in 1955 in Washington, DC, the foundation has been tax-exempt since July 1957. It operates as a 501(c)(3) organization and functions as a grantmaking entity focused on supporting charitable causes across multiple sectors.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$7.6M
-10.2% YoY
Annual Giving
$1.1M
-35.9% YoY
Grant Count
34
-29.2% YoY
Avg Grant Size
$33K
-9.5% YoY
Mission & Focus Areas
The foundation's giving priorities include:
- Arts and Culture
- Education
- Human Services
- Policy
- Health
- Environment
- Religious causes
The foundation gives primarily for the arts and education, with additional funding directed toward human services.
Grantmaking
The foundation made 48 grants in its most recent fiscal year (ending August 2024). Recent grants include:
Grant Range
s
Average Grant
s of approximately $16,300.
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Geographic Focus
Where this funder awards grants
The foundation's grantmaking focuses primarily on the eastern seaboard, with particular concentration in:
- District of Columbia
- Massachusetts
- Florida
Grant Distribution by State
States
Cities
Financial History
Multi-year comparison from IRS filings
Most Recent Fiscal Year (Ending August 2024):
- Total Assets: $7,617,244
- Total Giving: $1,119,000
- Total Revenues: $467,666
- Total Expenses: $1,328,677
- Number of Employees: 0
Prior Year (Ending August 2023):
- Total Assets: $8,480,000
- Total Revenue: $885,230
- Total Expenses: $1,970,000
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $7,617,244 | $8,478,255 | $9,567,436 |
| Revenue | $467,666 | $885,233 | $1,888,182 |
| Expenses | $1,328,677 | $1,974,414 | $797,187 |
| Qualifying Distributions | $1,271,523 | $1,891,983 | $759,198 |
| Net Investment Income | $516,364 | $837,646 | $1,855,874 |
| Distributable Amount | $1,232,002 | $1,147,768 | $1,271,378 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 10 recipients in 2024
Grant Size Distribution
196 grants across all recorded years
Giving History
Grant recipients and amounts by year
No grants recorded for .
Leadership & Key People
Leadership team and compensation from IRS filings
Key leadership includes:
- Lee M. Folger — President
- Juliet C. Folger — Treasurer, Secretary, Vice President
- Cecily C. Colburn — Vice President
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| LEE M FOLGER | PRESIDENT | 2 | — |
| JULIET C FOLGER | TREASURER, SECRETARY, V. P | 2 | — |
| CECILY C COLBURN | VICE PRESIDENT | 1 | — |
| LEITER C COLBURN | VICE PRESIDENT | 1 | — |
| OLIVIA M COLBURN | VICE PRESIDENT | 1 | — |
| RORY W COLBURN | VICE PRESIDENT | 1 | — |
Contact Information
Address: 1320 Old Chain Bridge Road, McLean, VA 22101-3956
Telephone: 703-847-1350
EIN: 52-0794388
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Data last updated April 2026. Sourced from IRS Form 990-PF filings. Research dossier generated April 2026.
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