Wallace Minot Leonard Foundation
The Wallace Minot Leonard Foundation is a private foundation based in Boston, Massachusetts. In 2024, it reported 38 grants totaling $913,500 to charitable organizations, including arts and cultural organizations, health institutions, social-service providers, and educational organizations.
Wallace Minot Leonard Foundation at a glance
In short: Wallace Minot Leonard Foundation gave $914K across 38 grants in 2024 (avg $24K), mostly in Massachusetts. 8% of 2024 grantees were new. Source: 2024 IRS Form 990-PF.
- Annual giving (2024)
- $913,500
- -8.3% vs 2023
- Grants made (2024)
- 38
- +2.7% vs 2023
- Average grant
- $24,039
- -10.7% vs 2023
- Median grant
- $10,000
- Total assets
- $5,586,727
- -3.4% vs 2023
- New grantees (estimate)
- 8% first-time grantees (3 of 38, 2024)
- Primary geography
- Massachusetts (99% of itemized 2024 grant dollars)
- Latest 990 filing
- Form 990-PF, 2024 View filing
Data from IRS Form 990-PF, 2024; updated October 2026. New grantees are estimated by matching recipient names across years (methodology).
How to apply to Wallace Minot Leonard Foundation
- Accepts unsolicited proposals
- No
- How to Apply
-
The foundation states that it makes contributions only to preselected charitable organizations and does not accept unsolicited requests for funds.
- Contact
Mailing address: Hemenway Barnes PO Box 961209, Boston, MA 02196-1209
Phone: (617) 227-7940
Application details from Grantable's research on the foundation's public materials; confirm on its website before applying.
Who Wallace Minot Leonard Foundation funds
How this funder distributes its grants
Top Recipients
Top 10 recipients in 2024
The largest 2024 recipient was Boston Lyric Opera ($250K). Together the top 10 received $680K.
Grant Size Distribution
190 grants across all recorded years
The most common grant size was under $50K: 165 grants of 190 (87%).
Geographic Focus
Where this funder awards grants
The reported share of 2024 grant dollars by recipient state was Massachusetts 99%, New Hampshire 1%, and the District of Columbia 0%.
Grant Distribution by State
Share of 2024 grant dollars across all 38 itemized grants.
Cities
Is Wallace Minot Leonard Foundation open to new grantees?
8%
first-time grantees, 2024
In 2024, 3 of 38 grantees (8%) were first-time recipients. First grants averaged $9K; repeat grants $25K. How we count
Medians: $5K first-time, $10K repeat.
- 89% of 2024 grantees were also funded in 2023. Method
- Giving grew 38% from 2021 to 2024. Method
- In 2024 it paid out 161% of its IRS minimum distribution (the 5% rule). Method
Estimate from itemized grant lists in IRS Form 990-PF filings (2020–2024). 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 2024, annual grant giving ranged from $543K (2022) to $997K (2023). In 2024 it made 38 grants totaling $914K.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| Boston Lyric Opera Boston, MA | General | $250,000 |
| South Shore Conservatory Hingham, MA | General | $100,000 |
| McLean Hospital Belmont, MA | General | $65,000 |
| Boston College Law School Newton, MA | General | $50,000 |
| Isabella Stewart Gardner Museum Boston, MA | General | $50,000 |
| St Francis House Boston, MA | General | $50,000 |
| Bethel Ame Church Jamaica Plain, MA | General | $40,000 |
| Boston Children's Hospital Boston, MA | General | $25,000 |
| Boston Symphony Orchestra Boston, MA | General | $25,000 |
| MSPCA- Angell Boston, MA | General | $25,000 |
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Financial History
Multi-year comparison from IRS filings
| Filing year | Total Assets | Revenue | Expenses | Grants paid | Grants | Qualifying Distributions | Net Investment Income | Distributable Amount |
|---|---|---|---|---|---|---|---|---|
| 2024 | $5,586,727 | $848,235 | $1,031,792 | $913,500 | 38 | $913,570 | $751,513 | $566,431 |
| 2023 | $5,780,947 | $969,557 | $1,083,224 | $996,500 | 37 | $996,500 | $882,833 | $514,416 |
| 2022 | $5,844,004 | $499,820 | $634,636 | $542,500 | 34 | $542,570 | $417,162 | $534,735 |
| 2021 | $6,030,177 | $930,469 | $768,020 | $660,000 | 42 | $660,070 | $840,846 | $578,688 |
| 2020 | $5,867,598 | $1,083,961 | $828,716 | $733,500 | 39 | — | $1,001,928 | $508,928 |
Under IRS private-foundation payout rules, Wallace Minot Leonard Foundation reported a distributable amount of $566K for 2024 — 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 2024 grants show support for organizations in several fields. For example, the Boston Symphony Orchestra describes its mission as making music and providing educational and training programs; Pine Street Inn says its mission is to end homelessness; and the Carroll Center for the Blind says it works to empower people who are blind or visually impaired.
Grantmaking
In 2024, the foundation reported 38 grants totaling $913,500. Grant amounts ranged from $1,000 to $250,000, with a median of $10,000. The largest grants included $250,000 to Boston Lyric Opera, $100,000 to South Shore Conservatory, $65,000 to McLean Hospital, and $50,000 each to Boston College Law School, Isabella Stewart Gardner Museum, and St Francis House. These grants were listed for general purposes.
Leadership & Key People
Leadership team and compensation from IRS filings
The 2024 filing lists Michael J Puzo and Stephen W Kidder as trustees.
Wallace Minot Leonard Foundation's 2024 filing lists 2 officers; all 2 officers listed in 2024 are compensated.
Officers on the 2024 filing
Michael J. Puzo
Trustee
On filings since 2020
2.5 hrs/week
$22K (2020) → $26K (2024)
Stephen W. Kidder
Trustee
On filings since 2020
2.5 hrs/week
$22K (2020) → $26K (2024)
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.
Compensation Overview
From 2024 IRS filing
The highest reported compensation on the 2024 filing was $26K, to Michael J Puzo (Trustee). 2 officers or directors reported compensation on that filing.
Frequently asked questions about Wallace Minot Leonard Foundation
How much does Wallace Minot Leonard Foundation give each year?
Wallace Minot Leonard Foundation gave $914K across 38 grants in 2024, according to its 2024 IRS Form 990-PF. In 2023 it gave $997K across 37 grants.
What is Wallace Minot Leonard Foundation's typical grant size?
Wallace Minot Leonard Foundation's median grant in 2024 was $10,000, and its average grant was $24,039, across 38 grants on its 2024 IRS Form 990-PF. Organizations receiving their first grant from Wallace Minot Leonard Foundation that year got $9K on average.
Where does Wallace Minot Leonard Foundation give grants?
Wallace Minot Leonard Foundation gives mostly in Massachusetts: 99% of the grant dollars itemized on its 2024 IRS Form 990-PF went to recipients there. The most frequent recipient cities were Boston, MA (18 grants), Newton, MA (3 grants), Hingham, MA (2 grants) and Jamaica Plain, MA (2 grants).
Does Wallace Minot Leonard Foundation give general operating support?
Yes: 100% of Wallace Minot Leonard Foundation's 2024 grants with a stated purpose (38 of 38) were for general or operating support, per its 2024 IRS Form 990-PF.
Who are Wallace Minot Leonard Foundation's largest grantees?
Wallace Minot Leonard Foundation's largest 2024 grantees include Boston Lyric Opera ($250,000), South Shore Conservatory ($100,000) and McLean Hospital ($65,000), according to its 2024 IRS Form 990-PF. Together they received 45% of its itemized 2024 grant dollars.
How large is Wallace Minot Leonard Foundation?
Wallace Minot Leonard Foundation reported $5.6M in total assets on its 2024 IRS Form 990-PF. It paid out $914K in qualifying distributions that year, against a required minimum of $566K (roughly 5% of its investment assets).
What does Wallace Minot Leonard Foundation fund?
No mission statement for the foundation is provided. Its 2024 grants show support for organizations in several fields. See mission & focus areas ↑
How do I apply for a grant from Wallace Minot Leonard Foundation?
The foundation states that it makes contributions only to preselected charitable organizations and does not accept unsolicited requests for funds. Eligibility and process details are in the grantmaking section of this profile. See how to apply ↑
What is Wallace Minot Leonard Foundation's EIN?
Wallace Minot Leonard Foundation's EIN (Employer Identification Number) is 22-3158002. IRS Form 990 filing data is available on this page for 2020–2024.
Does Wallace Minot Leonard 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
(1)
When this profile's IRS filing data changed on Grantable
- IRS filings on file for fiscal years 2020–2024
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Cite this profile
Grantable. (2026). Wallace Minot Leonard Foundation funder profile. GrantGraph. Retrieved October 11, 2026, from https://grantable.co/funders/wallace-minot-leonard-foundation-morg_caf5ca393bb344fd8cc7341e2813049b
BibTeX
@misc{grantable_223158002_2026,
author = {{Grantable}},
title = {{Wallace Minot Leonard Foundation funder profile}},
howpublished = {GrantGraph},
year = {2026},
url = {https://grantable.co/funders/wallace-minot-leonard-foundation-morg_caf5ca393bb344fd8cc7341e2813049b},
note = {Accessed 2026-10-11. 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 Wallace Minot Leonard 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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