The Leet Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in EGGLESTON, VA. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $971K in total assets. In 2024, it awarded 10 grants totaling $85K. Net investment income was $72K.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$971K
-2.8% YoY
Annual Giving
$85K
+41.7% YoY
Grant Count
10
+11.1% YoY
Avg Grant Size
$9K
+27.5% YoY
Under IRS private-foundation payout rules, The Leet Foundation reported a distributable amount of $76K for 2024 — the minimum it must pay out in qualifying distributions.
About The Leet Foundation
Based on IRS filings
The Leet Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in EGGLESTON, VA. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $971K in total assets. In 2024, it awarded 10 grants totaling $85K. Net investment income was $72K.
Focus Areas
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
States
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $971,238 | $999,084 | $1,001,556 |
| Revenue | $74,973 | $43,740 | $33,915 |
| Expenses | $87,819 | $61,199 | $62,744 |
| Qualifying Distributions | $85,000 | $60,000 | $60,000 |
| Net Investment Income | $72,154 | $42,541 | $31,171 |
| Distributable Amount | $76,319 | $66,811 | $67,341 |
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
48 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include Northwest Foundation ($25,000), Community Foundation of Middle Tn ($15,000), Musicians on Call ($10,000).
| Recipient | Purpose | Amount |
|---|---|---|
| COMMUNITY FOUNDATION OF MIDDLE TN NASHVILLE, TN | TO FURTHER CHARITABLE PURPOSES | $15,000 |
| MUSICIANS ON CALL NASHVILLE, TN | TO FURTHER CHARITABLE PURPOSES | $10,000 |
| PEARISBURG FIRST UNITED METHODIST CHURCH PEARISBURG, VA | TO FURTHER CHARITABLE PURPOSES | $5,000 |
| TRINITY PRESBYTERIAN CHURCH ATLANTA, GA | TO FURTHER CHARITABLE PURPOSES | $5,000 |
| MUSELLA FOUNDATION HEWLETT, NY | TO FURTHER CHARITABLE PURPOSES | $5,000 |
| ST ANDREWS SCHOOL SAVANNAH, GA | TO FURTHER CHARITABLE PURPOSES | $5,000 |
| PIEDMONT HEALTHCARE FOUNDATION ATLANTA, GA | TO FURTHER CHARITABLE PURPOSES | $5,000 |
| NORTHWEST FOUNDATION MARYVILLE, MO | TO FURTHER CHARITABLE PURPOSES | $25,000 |
| NEW RIVER COMMUNITY COLLEGE EDUCATIONAL FOUNDATION INC DUBLIN, VA | TO FURTHER CHARITABLE PURPOSES | $5,000 |
| KIDSSAVE INTERNATIONAL WASHINGTON, DC | TO FURTHER CHARITABLE PURPOSES | $5,000 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| ALAN C LEET | TRUSTEE | 1 | — |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is The Leet Foundation?
The Leet Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in EGGLESTON, VA. It holds $971K in total assets as of 2024.
How large is The Leet Foundation?
As of 2024, The Leet Foundation holds $971K in total assets with $75K in annual revenue. It awarded 10 grants totaling $85K in 2024.
Where does The Leet Foundation operate?
The Leet Foundation has awarded grants in California, Connecticut, District of Columbia, Georgia, Illinois, Missouri, North Carolina, New York, Tennessee, Virginia.
What size grants does The Leet Foundation award?
In 2024, The Leet Foundation awarded 10 grants totaling $85K — an average of about $9K per grant, based on its IRS Form 990 filings.
How much is The Leet Foundation required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, The Leet Foundation reported a distributable amount of $76K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is The Leet Foundation's EIN?
The Leet Foundation's EIN (Employer Identification Number) is 58-6434982. IRS Form 990 filing data is available on this page for 2020–2024.
Explore Open Grants
Browse active grant opportunities in The Leet Foundation's focus areas in our free grants database
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.
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