The Leet Foundation
The Leet Foundation is a private foundation based in Eggleston, Virginia. In its 2025 filing, it reported making grants to charitable organizations and stated that it contributes only to preselected organizations.
The Leet Foundation at a glance
In short: The Leet Foundation gave $75K across 11 grants in 2025 (avg $7K), top state Tennessee. 45% of 2025 grantees were new. Source: 2025 IRS Form 990-PF.
- Annual giving (2025)
- $75,000
- -11.8% vs 2024
- Grants made (2025)
- 11
- +10.0% vs 2024
- Average grant
- $6,818
- -19.8% vs 2024
- Median grant
- $5,000
- Total assets
- $1,006,769
- +3.7% vs 2024
- New grantees (estimate)
- 45% first-time grantees (5 of 11, 2025; small sample)
- Primary geography
- Tennessee (33% of itemized 2025 grant dollars)
- Latest 990 filing
- Form 990-PF, 2025 View filing
Data from IRS Form 990-PF, 2025; updated October 2026. New grantees are estimated by matching recipient names across years (methodology).
How to apply to The Leet Foundation
- Accepts unsolicited proposals
- No
- How to Apply
-
The foundation does not accept unsolicited requests for funds; it states that it contributes only to preselected charitable organizations.
- Contact
Mailing address: PO Box 99, Eggleston, VA 24086-0099
Phone: (404) 457-4971
Application details from Grantable's research on the foundation's public materials; confirm on its website before applying.
Who The Leet Foundation funds
How this funder distributes its grants
Top Recipients
Top 10 recipients in 2025
The largest 2025 recipient was Community Foundation of Middle TN ($15K). Together the top 10 received $70K.
Grant Size Distribution
48 grants across all recorded years
The most common grant size was under $50K: 48 grants of 48 (100%).
Geographic Focus
Where this funder awards grants
The 2025 grant dollars went to recipients in multiple states. The largest reported shares were Tennessee (33%), Georgia (20%), Pennsylvania (13%), Virginia (13%), and New York (7%).
Grant Distribution by State
Share of 2025 grant dollars across all 11 itemized grants.
States
Cities
Is The Leet Foundation open to new grantees?
45%
first-time grantees, 2025
In 2025, 5 of 11 grantees (45%) were first-time recipients. With only 11 grantees, that is a small sample: one grantee more or less moves the share by about 9 points. First grants averaged $6K; repeat grants $8K. How we count
Medians: $5K first-time, $5K repeat.
- 55% of 2025 grantees were also funded in 2024. Method
- Giving grew 25% from 2022 to 2025. Method
- In 2025 it paid out 92% of its IRS minimum distribution (the 5% rule). Foundations have until the end of the next year to meet it. Method
Estimate from itemized grant lists in IRS Form 990-PF filings (2020–2025). Recipient names are matched across years, so a renamed or misspelled grantee can look new; grants to individuals are left out. Methodology.
Giving History
Giving Over Time
Total grant dollars and number of grants per year
From 2020 to 2025, annual grant giving ranged from $60K (2021) to $85K (2024). In 2025 it made 11 grants totaling $75K.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| Community Foundation of Middle TN Nashville, TN | To Further Charitable Purposes | $15,000 |
| Hope International Lancaster, PA | To Further Charitable Purposes | $10,000 |
| Musicians on Call Nashville, TN | To Further Charitable Purposes | $10,000 |
| Musella Foundation Hewlett, NY | To Further Charitable Purposes | $5,000 |
| Northwest Foundation Maryville, MO | To Further Charitable Purposes | $5,000 |
| Pack Savannah Savannah, GA | To Further Charitable Purposes | $5,000 |
| Pearisburg First United Methodist Church Pearisburg, VA | To Further Charitable Purposes | $5,000 |
| Pembroke Volunteer Fire Department Incorporated Pembroke, VA | To Further Charitable Purposes | $5,000 |
| The Children's Inn at NIH Bethesda, MD | To Further Charitable Purposes | $5,000 |
| The Phoenix School Decatur, GA | To Further Charitable Purposes | $5,000 |
Ready to take the next step with The Leet Foundation?
Financial History
Multi-year comparison from IRS filings
| Filing year | Total Assets | Revenue | Expenses | Grants paid | Grants | Qualifying Distributions | Net Investment Income | Distributable Amount |
|---|---|---|---|---|---|---|---|---|
| 2025 | $1,006,769 | $114,016 | $78,485 | $75,000 | 11 | $75,000 | $110,531 | $81,240 |
| 2024 | $971,238 | $74,973 | $87,819 | $85,000 | 10 | $85,000 | $72,154 | $76,319 |
| 2023 | $999,084 | $43,740 | $61,199 | $60,000 | 9 | $60,000 | $42,541 | $66,811 |
| 2022 | $1,001,556 | $33,915 | $62,744 | $60,000 | 8 | $60,000 | $31,171 | $67,341 |
| 2021 | $1,030,311 | $69,502 | $61,404 | $60,000 | 10 | $60,000 | $68,098 | $76,571 |
| 2020 | $1,026,774 | $27,711 | $82,635 | $80,000 | 11 | — | $25,076 | $65,620 |
Under IRS private-foundation payout rules, The Leet Foundation reported a distributable amount of $81K for 2025 — the minimum it must pay out in qualifying distributions.
Research compiled by Grantable AI from public sources. Last updated September 2026.
Mission & Focus Areas
No mission statement for the foundation is provided. Its 2025 grants included organizations whose missions, as described by the grantees, span several areas: Musicians On Call brings live and recorded music to patients, families, and caregivers in healthcare settings; Hope International invests in families in underserved communities while proclaiming and living the Gospel; Northwest Foundation develops philanthropic resources for the benefit of Northwest Missouri State University and its students; and The Phoenix School fosters children’s well-being and development in an inclusive community.
Grantmaking
In 2025, the foundation gave $75,000 through 11 grants. Grant amounts ranged from $5,000 to $15,000, with a median grant of $5,000. Notable grants included $15,000 to Community Foundation of Middle TN, $10,000 each to Hope International and Musicians On Call, and $5,000 each to Musella Foundation, Northwest Foundation, Pack Savannah, Pearisburg First United Methodist Church, Pembroke Volunteer Fire Department Incorporated, The Children’s Inn at NIH, The Phoenix School, and Trinity Presbyterian Church. The stated purpose for each was “to further charitable purposes.”
Leadership & Key People
Leadership team and compensation from IRS filings
Alan C. Leet is listed as a trustee on the 2025 filing.
The Leet Foundation is led by Alan C. Leet, Trustee on every filing since 2020 — the only officer listed, and uncompensated.
Officers on the 2025 filing
Alan C. Leet
Trustee
On filings since 2020
1 hr/week
No compensation reported
Data from IRS Form 990 filings, 2020–2025. "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 The Leet Foundation
How much does The Leet Foundation give each year?
The Leet Foundation gave $75K across 11 grants in 2025, according to its 2025 IRS Form 990-PF. In 2024 it gave $85K across 10 grants.
What is The Leet Foundation's typical grant size?
The Leet Foundation's median grant in 2025 was $5,000, and its average grant was $6,818, across 11 grants on its 2025 IRS Form 990-PF. Organizations receiving their first grant from The Leet Foundation that year got $6K on average.
Where does The Leet Foundation give grants?
The Leet Foundation's top state is Tennessee, with 33% of the grant dollars itemized on its 2025 IRS Form 990-PF. The next largest states were Georgia (20%) and Pennsylvania (13%). The most frequent recipient cities were Nashville, TN (2 grants).
Who are The Leet Foundation's largest grantees?
The Leet Foundation's largest 2025 grantees include Community Foundation of Middle TN ($15,000), Hope International ($10,000) and Musicians on Call ($10,000), according to its 2025 IRS Form 990-PF. Together they received 47% of its itemized 2025 grant dollars.
How large is The Leet Foundation?
The Leet Foundation reported $1.0M in total assets on its 2025 IRS Form 990-PF. It paid out $75K in qualifying distributions that year, against a required minimum of $81K (roughly 5% of its investment assets). Falling short in one year is not a violation: foundations have until the end of the next year to meet the minimum.
What does The Leet Foundation fund?
No mission statement for the foundation is provided. See mission & focus areas ↑
How do I apply for a grant from The Leet Foundation?
The foundation does not accept unsolicited requests for funds; it states that it contributes only to preselected charitable organizations. Eligibility and process details are in the grantmaking section of this profile. See how to apply ↑
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 2020–2025.
Does The Leet Foundation accept unsolicited proposals?
No, according to Grantable's research on the foundation's published guidelines. See how to apply ↑
Data last updated October 2026. Sourced from IRS Form 990-PF filings. Research dossier generated September 2026.
Data update history
(2)
When this profile's IRS filing data changed on Grantable
- Added Form 990-PF for fiscal year 2025 (received by the IRS May 14, 2026)
- IRS filings on file for fiscal years 2020–2024
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Cite this profile
Grantable. (2026). The Leet Foundation funder profile. GrantGraph. Retrieved October 14, 2026, from https://grantable.co/funders/the-leet-foundation-morg_454edde64d2947f8ae6cec43bda02ee5
BibTeX
@misc{grantable_586434982_2026,
author = {{Grantable}},
title = {{The Leet Foundation funder profile}},
howpublished = {GrantGraph},
year = {2026},
url = {https://grantable.co/funders/the-leet-foundation-morg_454edde64d2947f8ae6cec43bda02ee5},
note = {Accessed 2026-10-14. Data licensed CC BY 4.0}
}The figures on this page are open data under CC BY 4.0: reuse them with credit to Grantable and a link. Download the data.
Figures come from The Leet 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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