William Leatherbee Jr Charitable Trust

Private foundation · Grantmaker West Palm Beach, FL EIN: 22-2894033

William Leatherbee Jr Charitable Trust is a private foundation, based in West Palm Beach, FL. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $327K in total assets. In 2024, it awarded 2 grants totaling $10K. Net investment income was $11K.

William Leatherbee Jr Charitable Trust at a glance

In short: William Leatherbee Jr Charitable Trust gave $10K across 2 grants in 2024 (avg $5K), mostly in Rhode Island. Source: 2024 IRS Form 990-PF.

Annual giving (2024)
$10,150
Grants made (2024)
2
Average grant
$5,075
Median grant
$5,075
Total assets
$326,654
-0.3% vs 2023
Primary geography
Rhode Island (99% of itemized 2024 grant dollars)
Latest 990 filing
Form 990-PF, 2024 View filing

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

Who William Leatherbee Jr Charitable Trust funds

How this funder distributes its grants

Top Recipients

Top 2 recipients in 2024

Newport Hospital: $10KNewport Hospital$10KAssociation of Marian Helpers: $150Association of Marian Helpers$150

The largest 2024 recipient was Newport Hospital ($10K). Together the top 2 received $10K.

Grant Size Distribution

30 grants across all recorded years

30<$50K$50–100K$100–250K$250–500K$500K–1M$1–5M$5M+

The most common grant size was under $50K: 30 grants of 30 (100%).

Geographic Focus

Where this funder awards grants

Grant Distribution by State

7states

Share of 2024 grant dollars across all 2 itemized grants.

Cities

NewportProvidenceStockbridgeHialeahPalm BeachRocklinWashingtonBostonKingstonNew YorkNewtonPortsmouthSan RamonSudburyTivertonVirginia Beach

How William Leatherbee Jr Charitable Trust gives

  • Giving held roughly steady from 2021 to 2024 (+2%). Method
  • In 2024 it paid out 52% of its IRS minimum distribution (the 5% rule). Foundations have until the end of the next year to meet it. Method

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

Giving History

Giving Over Time

Total grant dollars and number of grants per year

$0$5K$10K$15K10 grants2020 12 grants2021 6 grants2022 0 grants2023 2 grants2024

From 2020 to 2024, annual grant giving ranged from $9K (2022) to $10K (2024). In 2024 it made 2 grants totaling $10K.

Grants by year

Grant recipients and amounts by year

RecipientPurposeAmount
Newport Hospital Providence, RISupport for the Hospital$10,000
Association of Marian Helpers Stockbridge, MASupport for the Church$150
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Financial History

Multi-year comparison from IRS filings

Figures from IRS filings, by filing year
Filing yearTotal AssetsRevenueExpensesGrants paidGrantsQualifying DistributionsNet Investment IncomeDistributable Amount
2024$326,654$12,057$12,909$10,1502$10,150$10,503$19,545
2023$327,506$10,939$1,955———$8,762$17,601
2022$318,522$-6,074$14,453$8,7606$9,290$5,311$29,052
2021$316,146$54,958$13,008$9,92512$9,925$52,010$29,091
2020$274,196$4,794$12,068$9,44010—$4,001$14,877

Under IRS private-foundation payout rules, William Leatherbee Jr Charitable Trust reported a distributable amount of $20K for 2024 — the minimum it must pay out in qualifying distributions.

Leadership & Key People

Officers and directors from IRS filings

William Leatherbee Jr Charitable Trust is led by Marlene Leatherbee, Trustee on every filing since 2020 — the only officer listed, and uncompensated.

Officers on the 2024 filing

  • Marlene Leatherbee

    Trustee

    On filings since 2020

    1 hr/week

    No compensation reported

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 William Leatherbee Jr Charitable Trust

How much does William Leatherbee Jr Charitable Trust give each year?

William Leatherbee Jr Charitable Trust gave $10K across 2 grants in 2024, according to its 2024 IRS Form 990-PF.

How large is William Leatherbee Jr Charitable Trust?

William Leatherbee Jr Charitable Trust reported $327K in total assets on its 2024 IRS Form 990-PF. It paid out $10K in qualifying distributions that year, against a required minimum of $20K (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.

Where does William Leatherbee Jr Charitable Trust operate?

William Leatherbee Jr Charitable Trust has awarded grants in California, District of Columbia, Florida, Massachusetts, New York, Rhode Island, Virginia.

What is William Leatherbee Jr Charitable Trust's EIN?

William Leatherbee Jr Charitable Trust's EIN (Employer Identification Number) is 22-2894033. 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.

Data update history

(1)

When this profile's IRS filing data changed on Grantable

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

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The filing figures on this page are open data under CC BY 4.0. About GrantGraph Open

Figures come from William Leatherbee Jr Charitable Trust'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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