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Leonard And Ilona H Ling Familyfoundation is a private corporation based in WILMINGTON, DE. The foundation received its IRS ruling in 2007. The principal officer is Foundation Source. It holds total assets of $2.3M. Annual income is reported at $1.5M. Total assets have grown from $557K in 2010 to $2.3M in 2022. The foundation is governed by 5 officers and trustees. 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. According to available records, Leonard And Ilona H Ling Familyfoundation has made 11 grants totaling $289K, with a median grant of $10K. Annual giving has grown from $85K in 2021 to $109K in 2023. Individual grants have ranged from $1K to $83K, with an average award of $26K. The foundation has supported 2 unique organizations. Grants have been distributed to organizations in California and Indiana. 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.
Leonard And Ilona H Ling Familyfoundation primarily funds organizations in the area of philanthropy & grantmaking. Based on available records, the foundation has funded 11 grants. Its grantmaking reaches organizations primarily in CA, IN.
Leonard And Ilona H Ling Familyfoundation has distributed a total of $289K across 11 grants. The median grant size is $10K, with an average of $26K. Individual grants have ranged from $1K to $83K.
Leonard And Ilona H Ling Familyfoundation typically selects its grantees rather than accepting unsolicited proposals.
Leonard And Ilona H Ling Familyfoundation is headquartered in WILMINGTON, DE. While based in DE, the foundation distributes grants to organizations across 2 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Mark Christiansen | Dir, Sec | $0 | $0 | N/A |
| E Lawrence Ling | Dir | $0 | $0 | N/A |
| Andrew Stout | Dir, Pres | $0 | $0 | N/A |
| John Wedgwood | Dir, Treas | $0 | $0 | N/A |
| Michael Hennessey Atty | Dir | $0 | $0 | N/A |
Total Giving
$149K
Total Assets
$2.3M
Fair Market Value
$2.2M
Net Worth
$2.3M
Grants Paid
$109K
Contributions
$1M
Net Investment Income
$56K
Distribution Amount
$85K
Total: $1.5M
Total Grants
11
Total Giving
$289K
Average Grant
$26K
Median Grant
$10K
Unique Recipients
2
Most Common Grant
$10K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| University Of The PacificDr. Leonard and Ilona Ling Foundation Endowed Scholarship fund at University of the Pacific Dugoni School of Dentistry | San Francisco, CA | $83K | 2023 |
| Acacia Fraternity Foundation IncLing West Coast Expansion Scholarships fund: scholarships for students at "West Coast" expansion colonies and chapters of Acacia Fraternity | Carmel, IN | $10K | 2023 |