The Leto Foundation

Private foundation · Grantmaker Westborough, MA EIN: 84-3911325

The Leto Foundation is a private foundation focused on Environment & Animals, based in Westborough, MA. IRS filing data is available from 2020 through 2024. In 2024, it awarded 2 grants totaling $7K.

Key facts about The Leto Foundation

In short: The Leto Foundation gave $7K across 2 grants in 2024 (avg $3K), mostly in New York. Source: 2024 IRS Form 990-PF.

EIN
84-3911325
Latest 990 filing
Form 990-PF, 2024
Annual giving (2024)
$6,700
Grants made (2024)
2
Average grant
$3,350
Median grant
$3,350
Primary geography
New York (90% of itemized 2024 grant dollars)

Data from IRS Form 990-PF, 2024; updated September 2026.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

—

Annual Giving

$7K

-56.8% YoY

Grant Count

2

-60.0% YoY

Avg Grant Size

$3K

+8.1% YoY

Under IRS private-foundation payout rules, The Leto Foundation reported a distributable amount of $50 for 2024 — the minimum it must pay out in qualifying distributions.

How The Leto Foundation gives

  • Giving fell 90% from 2021 to 2024. Method
  • In 2024 it paid out well above its IRS minimum distribution (the 5% rule). Method

From the foundation's IRS Form 990-PF filings. Methodology.

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

7states

Share of 2024 grant dollars across all 2 itemized grants.

Cities

Port WashingtonNorth EastonAnnandaleDeerfieldFort MeyersFranklin LakesHadleyPhiladelphiaWashington

Giving Over Time

Total grant dollars and number of grants per year

$0$20K$40K$60K$80K0 grants2020 7 grants2021 3 grants2022 5 grants2023 2 grants2024

From 2021 to 2024, annual grant giving ranged from $7K (2024) to $70K (2021). In 2024 it made 2 grants totaling $7K.

Grant Insights

How this funder distributes its grants

Top Recipients

Top 2 recipients in 2024

Grassroots Environmental Education: $6KGrassroots EnvironmentalEducation$6KStonehill College: $700Stonehill College$700

The largest 2024 recipient was Grassroots Environmental Education ($6K). Together the top 2 received $7K.

Grant Size Distribution

17 grants across all recorded years

17<$50K$50–100K$100–250K$250–500K$500K–1M$1–5M$5M+

The most common grant size was under $50K: 17 grants of 17 (100%).

Giving History

Grant recipients and amounts by year

RecipientPurposeAmount
Grassroots Environmental Education Port Washington, NYGeneral Support$6,000
Stonehill College North Easton, MAGeneral Support$700

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
$0$25K$50K$75K$100K2020 2021 2022 2023 2024
Metric202420232022
Total Assets—$570$10,751
Revenue$8,002$11,000$17,132
Expenses$8,572$21,181$14,245
Qualifying Distributions$6,700$21,181$14,245
Distributable Amount$50$179$376

Data update history

When this profile's IRS filing data changed on Grantable

  1. IRS filings on file for fiscal years 2020–2024

Leadership & Key People

Officers and directors from IRS filings

The Leto Foundation is led by A. Heidi M. Davis, President on every filing since 2020; none of the 6 officers listed in 2024 report compensation.

Officers on the 2024 filing

  • A. Heidi M. Davis

    President

    On filings since 2020

    2 hrs/week

    No compensation reported

  • John Markham

    Director

    On filings since 2020

    1 hr/week

    No compensation reported

  • Annie J. Sasco

    Director

    On filings since 2021

    1 hr/week

    No compensation reported

  • David O. Carpenter

    Director

    On filings since 2021

    1 hr/week

    No compensation reported

  • Virginia Bradley Hines

    Director

    On filings since 2021

    1 hr/week

    No compensation reported

  • Ted Davis

    Vice President & Treasurer

    On filings since 2020

    1 hr/week

    No compensation reported

Former officers (1)
  • Former: Virginia Bradley (2020) — Dirctor

Data from IRS Form 990 filings, 2020–2024. "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 Leto Foundation

How much does The Leto Foundation give each year?

The Leto Foundation gave $7K across 2 grants in 2024, according to its 2024 IRS Form 990-PF. In 2023 it gave $16K across 5 grants.

What is The Leto Foundation?

The Leto Foundation is a private foundation focused on Environment & Animals, based in Westborough, MA.

Where does The Leto Foundation operate?

The Leto Foundation has awarded grants in District of Columbia, Florida, Massachusetts, New Jersey, New York, Pennsylvania, Virginia.

How much is The Leto Foundation required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2024, The Leto Foundation reported a distributable amount of $50 on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.

What is The Leto Foundation's EIN?

The Leto Foundation's EIN (Employer Identification Number) is 84-3911325. IRS Form 990 filing data is available on this page for 2020–2024.

Data last updated September 2026. Sourced from IRS Form 990-PF filings.

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