The Leeps Foundation Inc is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in ROANOKE, VA. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $816K in total assets. In 2024, it awarded 27 grants totaling $81K. Net investment income was $75K.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$816K
-1.1% YoY
Annual Giving
$81K
+15.5% YoY
Grant Count
27
+22.7% YoY
Avg Grant Size
$3K
-5.9% YoY
Under IRS private-foundation payout rules, The Leeps Foundation Inc reported a distributable amount of $50K for 2024 — the minimum it must pay out in qualifying distributions.
About The Leeps Foundation Inc
Based on IRS filings
The Leeps Foundation Inc is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in ROANOKE, VA. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $816K in total assets. In 2024, it awarded 27 grants totaling $81K. Net investment income was $75K.
Focus Areas
Ready to take the next step with The Leeps Foundation Inc?
Geographic Focus
Where this funder awards grants
Grant Distribution by State
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $816,177 | $825,575 | $802,869 |
| Revenue | $83,440 | $102,944 | $26,517 |
| Expenses | $94,210 | $81,013 | $80,636 |
| Qualifying Distributions | $83,227 | $72,227 | $72,008 |
| Net Investment Income | $74,622 | $94,814 | $20,423 |
| Distributable Amount | $50,018 | $48,339 | $52,410 |
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
121 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include Hoofbeats Therapeutic Riding Center Inc ($35,000), Wings of Hope Ranch ($4,500), Bit of Hope Ranch Inc ($2,500).
| Recipient | Purpose | Amount |
|---|---|---|
| BIT OF HOPE RANCH INC GASTONIA, NC | PARTIAL FUNDING FOR SURE HANDS LIFT TO HELP RIDERS MOUNT UP | $2,500 |
| BRIGHT SIDE YOUTH RANCH YORK, SC | LIGHTING FOR OUTDOOR ARENA | $2,450 |
| BROOK HILL RETIREMENT CENTER FOR HORSES FOREST, VA | HELP TO HIRE NEW CTRI INSTRUCTOR TO SERVE MORE YOUTH IN MH CRISIS. | $2,000 |
| CLOVERLEAF EQUINE CENTER CLIFTON, VA | FUNDING FOR EAL AND THERAPEUTIC RIDING PROGRAM FOR VETS AND FAMILIES | $1,000 |
| DARE TO DREAM THERAPEUTIC HORSEMANSHIP CENTER MONTEREY, VA | BUY STALL SET UP AND TACK FOR NEW YOUNGER HORSE IN TRAINING | $1,700 |
| DREAM CATCHERS TOANO, VA | PURCHASE COW CUTTING FLAG SYSTEM FOR VETERANS TO RIDE FOR FUN AND FOCUS | $1,250 |
| EQUI-KIDS THERAPUTIC RIDING PROGRAM VIRGINIA BEACH, VA | REPLACE HELMET & REINS, SCHOLARSHIPS FOR RIDERS/VETS | $1,500 |
| GLORY REINS RANCH FARMVILLE, VA | BUY RAILING AND GATES FOR NEW COVERED AREA AND WATERER | $2,500 |
| GOOD HOPE EQUESTRIAN HAILFAX, VA | NEW PROGRAM, ENDLESS STRIDES, FOR FOSTER CARE CHILDREN W/ SPECIAL NEEDS. STARTED IN MIAMI IN 2000, MOVED TO VA. PREMIER PATH, AND GROWS & SHARES ORGANIC FOOD WITH LOW INCOME PEOPLE; 80+/YEAR. | $1,500 |
| HEARTLAND HORSE HEROES INC BUCKINGHAM, VA | BUY SHED TO STORE DONATED TAXK TO SELL & LOANER BOOTS & BREECHES FOR CLIENTS | $1,000 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| PATRICIA V CUNNINGHAM | PRESIDENT | 0.5 | — |
| SUSAN T SHOWFETY | TREASURER | — | — |
| MICHAEL BRANSCOME | BOARD MEMBER | — | — |
| STEVEN H CUNNINGHAM | VICE PRESIDENT | 0.5 | — |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is The Leeps Foundation Inc?
The Leeps Foundation Inc is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in ROANOKE, VA. It holds $816K in total assets as of 2024.
How large is The Leeps Foundation Inc?
As of 2024, The Leeps Foundation Inc holds $816K in total assets with $83K in annual revenue. It awarded 27 grants totaling $81K in 2024.
Where does The Leeps Foundation Inc operate?
The Leeps Foundation Inc has awarded grants in North Carolina, South Carolina, Virginia.
What size grants does The Leeps Foundation Inc award?
In 2024, The Leeps Foundation Inc awarded 27 grants totaling $81K — an average of about $3K per grant, based on its IRS Form 990 filings.
How much is The Leeps Foundation Inc required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, The Leeps Foundation Inc reported a distributable amount of $50K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is The Leeps Foundation Inc's EIN?
The Leeps Foundation Inc's EIN (Employer Identification Number) is 54-1975226. IRS Form 990 filing data is available on this page for 2020–2024.
Explore Open Grants
Browse active grant opportunities in The Leeps Foundation Inc's focus areas in our free grants database
Related Funders
Similar funders by location and focus area
Wolf Family Charitable Trust
OAKTON, VA
Assets
$385K
Grants
5
Total Given
$189K
Stone Ridge Foundation
ALTAVISTA, VA
Assets
$6.4M
Grants
2
Total Given
$15K
Lawrence and Ira Straus Charitable Tr
ARLINGTON, VA
Assets
$236K
Grants
12
Total Given
$8K
Iraqi Children Foundation Inc
FAIRFAX, VA
Assets
$101K
Grants
2
Total Given
$610K
Heartfelt Humans
ASHBURN, VA
Assets
—
Grants
0
Total Given
—
Krumbein Charities Inc
RICHMOND, VA
Assets
$440K
Grants
14
Total Given
$34K
Data last updated April 2026. Sourced from IRS Form 990-PF filings.
What could you do with The Leeps Foundation Inc on Grantable?
- Assess strategic fit with your organization
- Draft a tailored letter of inquiry
- Find open RFPs from this funder
- Monitor for new funding opportunities
Go from researching The Leeps Foundation Inc to a real strategy.