The Wilbur C and Betty Lea
The Wilbur C and Betty Lea is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in MEDIA, PA. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $2.0M in total assets. In 2024, it awarded 17 grants totaling $939K. Net investment income was $122K.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$2.0M
-17.0% YoY
Annual Giving
$939K
-0.5% YoY
Grant Count
17
+21.4% YoY
Avg Grant Size
$55K
-18.1% YoY
Under IRS private-foundation payout rules, The Wilbur C and Betty Lea reported a distributable amount of $135K for 2024 — the minimum it must pay out in qualifying distributions.
About The Wilbur C and Betty Lea
Based on IRS filings
The Wilbur C and Betty Lea is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in MEDIA, PA. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $2.0M in total assets. In 2024, it awarded 17 grants totaling $939K. Net investment income was $122K.
Focus Areas
Ready to take the next step with The Wilbur C and Betty Lea?
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 | $2,016,998 | $2,431,045 | $2,869,940 |
| Revenue | $644,880 | $626,262 | $548,024 |
| Expenses | $1,840,231 | $1,335,645 | $197,422 |
| Qualifying Distributions | $1,026,187 | $1,039,872 | $808,524 |
| Net Investment Income | $122,304 | $102,904 | $64,078 |
| Distributable Amount | $135,253 | $142,087 | $158,085 |
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
69 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include Drexel University ($333,333), Penn State University - Brandywine ($200,000), Muscular Dystrophy Association ($100,000).
| Recipient | Purpose | Amount |
|---|---|---|
| FULTON COUNTY MEDICAL CENTER MCCONNELLSBURG, PA | NURSING EDUCATION | $10,500 |
| PENN STATE UNIVERSITY - BRANDYWINE MEDIA, PA | EDUCATIONAL SUPPORT | $200,000 |
| DELAWARE COUNTY HIGH Q PROGRAM BROOMALL, PA | SUPPORT ACADEMIC COMPETITION | $50,000 |
| FULTON COUNTY MEDICAL CENTER MCCONNELLSBURG, PA | EDUCATION & WELLNESS CENTER | $50,000 |
| SIM USA CHARLOTTE, NC | MISSIONARY SUPPORT | $20,000 |
| THE COMMUNITY'S FOUNDATION RIDLEY PARK, PA | NURSING SCHOLARSHIPS | $28,000 |
| MUSCULAR DYSTROPHY ASSOCIATION BROOMALL, PA | SUMMER CAMP, EQ. LOAN PROG, RESEARCH | $100,000 |
| DREXEL UNIVERSITY PHILADELPHIA, PA | EDUCATIONAL SUPPORT | $333,333 |
| WOMENS RESOURCE CENTER WAYNE, PA | COMMUNITY RESOURCES FOR WOMEN | $15,000 |
| HOMER HOYT INSTITUTE NORTH PALM BEACH, FL | TRAINING DISABLED | $25,000 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| STEVEN BUXTON | PRESIDENT/EX | — | $90,000 |
| WILLIAM TAYLOR | VICE PRESIDE | — | — |
| DAVID HENDERSON JR | TREASURER | — | — |
| WALTER J TIMBY III | SECRETARY | — | — |
| STEVEN K HENDERSON | DIRECTOR | — | — |
| CHRISTINA HENDERSON SOTHERDEN | DIRECTOR | — | — |
| DAVID A WASHABAUGH III | DIRECTOR | — | — |
| JOHN J COYLE 3RD | DIRECTOR | — | — |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is The Wilbur C and Betty Lea?
The Wilbur C and Betty Lea is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in MEDIA, PA. It holds $2.0M in total assets as of 2024.
How large is The Wilbur C and Betty Lea?
As of 2024, The Wilbur C and Betty Lea holds $2.0M in total assets with $645K in annual revenue. It awarded 17 grants totaling $939K in 2024.
Where does The Wilbur C and Betty Lea operate?
The Wilbur C and Betty Lea has awarded grants in District of Columbia, Florida, North Carolina, Pennsylvania, Tennessee.
What size grants does The Wilbur C and Betty Lea award?
In 2024, The Wilbur C and Betty Lea awarded 17 grants totaling $939K — an average of about $55K per grant, based on its IRS Form 990 filings.
How much is The Wilbur C and Betty Lea required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, The Wilbur C and Betty Lea reported a distributable amount of $135K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is The Wilbur C and Betty Lea's EIN?
The Wilbur C and Betty Lea's EIN (Employer Identification Number) is 27-1445136. IRS Form 990 filing data is available on this page for 2020–2024.
Explore Open Grants
Browse active grant opportunities in The Wilbur C and Betty Lea's focus areas in our free grants database
Similar Funders
Funders that support many of the same organizations
Vanguard Charitable Endowment Program
SOUTHEASTERN, PA
Assets
$22.2B
Grants
24,269
Total Given
$3.0B
Gs Donor Advised Philanthropy Fund
NEW YORK, NY
Assets
$12.7B
Grants
7,424
Total Given
$3.0B
The Blackbaud Giving Fund
CHARLESTON SC, SC
Assets
$52.7M
Grants
1,860
Total Given
$41.4M
The Philadelphia Foundation
PHILADELPHIA, PA
Assets
$704.6M
Grants
715
Total Given
$39.1M
The Pfizer Foundation Inc
NEW YORK, NY
Assets
$255.3M
Grants
9,306
Total Given
$23.2M
The Cigna Group Foundation
PHILADELPHIA, PA
Assets
$127.2M
Grants
4,075
Total Given
$14.1M
National Philanthropic Trust
JENKINTOWN, PA
Assets
$42.2B
Grants
18,583
Total Given
$5.1B
Raymond James Charitable Endowment Fund
ST PETERSBURG, FL
Assets
$1.9B
Grants
6,906
Total Given
$288.7M
Enterprise Holdings Foundation
SAINT LOUIS, MO
Assets
—
Grants
9,499
Total Given
$73.1M
Morgan Stanley Global Impact Funding Trust Inc
INDIANAPOLIS, IN
Assets
$9.1B
Grants
19,253
Total Given
$1.2B
Lindback Cr & Mf Foundation Tw Main
SAINT LOUIS, MO
Assets
$24.6M
Grants
174
Total Given
$946K
The William Penn Foundation
PHILADELPHIA, PA
Assets
$3.4B
Grants
1,027
Total Given
$148.8M
More Funders in Pennsylvania
Data last updated April 2026. Sourced from IRS Form 990-PF filings.