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Leet Foundation is a private trust based in EGGLESTON, VA. The foundation received its IRS ruling in 2001. The principal officer is Richard H Leet. It holds total assets of $971K. Annual income is reported at $118K. Total assets have grown from $92K in 2011 to $999K in 2023. The foundation is governed by 1 officer or trustee. The foundation operates in the area of philanthropy & grantmaking. According to its most recent filing, the foundation only makes contributions to preselected charitable organizations. Tax records are available from 2016 to 2023. Funding is distributed across 4 states, including Tennessee, Georgia, Virginia. According to available records, Leet Foundation has made 26 grants totaling $180K, with a median grant of $5K. Annual giving has grown from $60K in 2021 to $120K in 2022. Individual grants have ranged from $5K to $10K, with an average award of $7K. The foundation has supported 13 unique organizations. The foundation primarily supports organizations in Tennessee, Georgia, Illinois, which account for 69% of all grants. Grantmaking reaches organizations across 7 states. Contributions to this foundation are tax-deductible.
Smallest Grant
$5K
Median Grant
$5K
Average Grant
$7K
Largest Grant
$10K
Based on 11 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.
Leet Foundation primarily funds organizations in the area of philanthropy & grantmaking. Based on available records, the foundation has funded 26 grants. Its grantmaking reaches organizations primarily in TN, GA, IL.
Leet Foundation has distributed a total of $180K across 26 grants. The median grant size is $5K, with an average of $7K. Individual grants have ranged from $5K to $10K.
Leet Foundation typically selects its grantees rather than accepting unsolicited proposals.
Leet Foundation is headquartered in EGGLESTON, VA. While based in VA, the foundation distributes grants to organizations across 7 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Alan C Leet | TRUSTEE | $0 | $0 | N/A |
Total Giving
$61K
Total Assets
$999K
Fair Market Value
$1.5M
Net Worth
$984K
Grants Paid
$60K
Contributions
N/A
Net Investment Income
$43K
Distribution Amount
$67K
Total: $980K
Total Grants
26
Total Giving
$180K
Average Grant
$7K
Median Grant
$5K
Unique Recipients
13
Most Common Grant
$5K
of 2022 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Pearisburg First United Methodist ChurchTO FURTHER CHARITABLE PURPOSES | Pearisburg, VA | $10K | 2022 |
| Union League Boys And Girls ClubTO FURTHER CHARITABLE PURPOSESTO FURTHER CHARITABLE PURPOSES | Chicago, IL | $10K | 2022 |
| Community Foundation Of Middle TnTO FURTHER CHARITABLE PURPOSES | Nashville, TN | $10K | 2022 |
| Musicians On CallTO FURTHER CHARITABLE PURPOSES | Nashville, TN | $10K | 2022 |
| Trinity Presbyterian ChurchTO FURTHER CHARITABLE PURPOSES | Atlanta, GA | $5K | 2022 |
| Macon New BeginningsTO FURTHER CHARITABLE PURPOSES | Franklin, NC | $5K | 2022 |
| Atlanta Neuroscience FoundationTO FURTHER CHARITABLE PURPOSES | Atlanta, GA | $5K | 2022 |
| Care UsaTO FURTHER CHARITABLE PURPOSES | Atlanta, GA | $5K | 2022 |
| Franktown Open HeartsTO FURTHER CHARITABLE PURPOSES | Franklin, TN | $5K | 2021 |
| Musella FoundationTO FURTHER CHARITABLE PURPOSES | Hewlett, NY | $5K | 2021 |
| The Clear Fund Dba GivewellTO FURTHER CHARITABLE PURPOSES | Oakland, CA | $5K | 2021 |
| Children IncorporatedTO FURTHER CHARITABLE PURPOSES | North Chesterfield, VA | $5K | 2021 |
| Wilmington Island Presbyterian ChurchTO FURTHER CHARITABLE PURPOSES | Savannah, GA | $5K | 2021 |