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Also known as: C/O MICHAEL LAKE
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Leading Cities Inc. is a private corporation based in BOSTON, MA. The foundation received its IRS ruling in 2014. The principal officer is Michael Lake. It holds total assets of $584K. Annual income is reported at $790K. Total assets have grown from $24K in 2019 to $455K in 2023. The foundation is governed by 10 officers and trustees. The foundation operates in the area of community development. According to its most recent filing, the foundation only makes contributions to preselected charitable organizations. Tax records are available from 2018 to 2023. According to available records, Leading Cities Inc. has made 2 grants totaling $15K, with a median grant of $8K. Contributions to this foundation are tax-deductible.
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.
Leading Cities Inc. primarily funds organizations in the area of community development. Based on available records, the foundation has funded 2 grants.
Leading Cities Inc. has distributed a total of $15K across 2 grants. The median grant size is $8K, with an average of $8K. Individual grants have ranged from $8K to $8K.
Leading Cities Inc. typically selects its grantees rather than accepting unsolicited proposals.
Leading Cities Inc. is headquartered in BOSTON, MA.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Michael Lake | PRESIDENT/CEO | $70K | $30K | $100K |
| Danielle Duplin | CLERK | $0 | $0 | N/A |
| Abhi Nemani | DIRECTOR | $0 | $0 | N/A |
| Jennifer James | DIRECTOR | $0 | $0 | N/A |
| Kathryn Elmes | DIRECTOR | $0 | $0 | N/A |
| Joseph Albanese | CHAIRMAN | $0 | $0 | N/A |
| Stephen Baker | DIRECTOR | $0 | $0 | N/A |
| Robert Buckley | TREASURER | $0 | $0 | N/A |
| Kevin Martin | DIRECTOR | $0 | $0 | N/A |
| Lee Feldman | DIRECTOR | $0 | $0 | N/A |
Total Giving
$531K
Total Assets
$455K
Fair Market Value
$455K
Net Worth
$297K
Grants Paid
$210K
Contributions
$581K
Net Investment Income
$10K
Distribution Amount
$19K
Total Grants
2
Total Giving
$15K
Average Grant
$8K
Median Grant
$8K
Unique Recipients
1
Most Common Grant
$8K
of 2022 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Plaza Civica UabFOR CHARITY PURPOSES | Barcelona | $8K | 2022 |