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George F & Mary L Leone Foundation is a private trust based in FORT WORTH, TX. The foundation received its IRS ruling in 1978. It holds total assets of $3M. Annual income is reported at $156K. Total assets have grown from $879K in 2011 to $3M in 2024. The foundation is governed by 1 officer or trustee. According to its most recent filing, the foundation only makes contributions to preselected charitable organizations. Tax records are available from 2016 to 2024. Grantmaking is concentrated in Texas. According to available records, George F & Mary L Leone Foundation has made 16 grants totaling $725K, with a median grant of $10K. Annual giving has decreased from $605K in 2022 to $120K in 2023. Individual grants have ranged from $120 to $150K, with an average award of $45K. The foundation has supported 7 unique organizations. Grants have been distributed to organizations in Texas and Florida. Contributions to this foundation are tax-deductible.
Smallest Grant
$10K
Median Grant
$40K
Average Grant
$48K
Largest Grant
$100K
Based on 4 grants from the most recent 990-PF filing.
No program descriptions are available for this foundation. Many private foundations report program activities in their annual 990-PF filings — check the Tax Filings section below for the most recent filing.
George F & Mary L Leone Foundation is a private foundation that provides grants to eligible organizations. Based on available records, the foundation has funded 16 grants. Its grantmaking reaches organizations primarily in TX, FL.
George F & Mary L Leone Foundation has distributed a total of $725K across 16 grants. The median grant size is $10K, with an average of $45K. Individual grants have ranged from $120 to $150K.
George F & Mary L Leone Foundation typically selects its grantees rather than accepting unsolicited proposals.
George F & Mary L Leone Foundation is headquartered in FORT WORTH, TX. While based in TX, the foundation distributes grants to organizations across 2 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Corey D Williams | TRUSTEE | $0 | $0 | N/A |
Total Giving
N/A
Total Assets
$3M
Fair Market Value
N/A
Net Worth
$3M
Grants Paid
N/A
Contributions
N/A
Net Investment Income
N/A
Distribution Amount
N/A
Total Grants
16
Total Giving
$725K
Average Grant
$45K
Median Grant
$10K
Unique Recipients
7
Most Common Grant
$10K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Texas Wesleyan UniversityEDUCATION | Fort Worth, TX | $110K | 2023 |
| Texas Christian UniversityEDUCATION | Fort Worth, TX | $10K | 2023 |
| St Andrew Catholic SchoolEDUCATION | Fort Worth, TX | $150K | 2022 |
| Porche De SolomonOUTREACH RELIEF | Tallahassee, FL | $12K | 2022 |
| City Of Fort WorthPUBLIC BENEFIT WATER FOUNTAIN | Fort Worth, TX | $8K | 2022 |
| Fort Worth Public LibraryEDUCATION | Fort Worth, TX | $3K | 2022 |
| Texas Girls ChoirEDUCATION | Fort Worth, TX | $120 | 2022 |