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Also known as: Charitable Foundation
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Mark W Leinone And Patrica S Leinonen Charitable Foundation is a private corporation based in SCARBOROUGH, ME. The foundation received its IRS ruling in 2005. The principal officer is Mark W Leinonen. It holds total assets of $37K. Annual income is reported at $2K. Total assets have decreased from $148K in 2011 to $42K in 2023. The foundation is governed by 3 officers and trustees. Financial support for charitable organizations benefitting the community, including related administrative expenses. According to its most recent filing, the foundation only makes contributions to preselected charitable organizations. Tax records are available from 2020 to 2023. According to available records, Mark W Leinone And Patrica S Leinonen Charitable Foundation has made 8 grants totaling $13K, with a median grant of $1K. Annual giving has grown from $2K in 2020 to $3K in 2023. Grantmaking activity was highest in 2022 with $8K distributed across 4 grants. Individual grants have ranged from $500 to $3K, with an average award of $2K. The foundation has supported 2 unique organizations. Grants have been distributed to organizations in Massachusetts and Utah. Contributions to this foundation are tax-deductible.
Financial support for charitable organizations benefitting the community, including related administrative expenses.
Expenses: $5K
Financial support for charitable organizations benefitting the community, including related administrative expenses. Based on available records, the foundation has funded 8 grants. Its grantmaking reaches organizations primarily in MA, UT.
Mark W Leinone And Patrica S Leinonen Charitable Foundation has distributed a total of $13K across 8 grants. The median grant size is $1K, with an average of $2K. Individual grants have ranged from $500 to $3K.
Mark W Leinone And Patrica S Leinonen Charitable Foundation typically selects its grantees rather than accepting unsolicited proposals.
Mark W Leinone And Patrica S Leinonen Charitable Foundation is headquartered in SCARBOROUGH, ME. While based in ME, the foundation distributes grants to organizations across 2 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Patricia Wood Whittemore | Director | $0 | $0 | N/A |
| Patricia S Leinonen | Treasurer/Direc | $0 | $0 | N/A |
| Mark W Leinonen | President/Direc | $0 | $0 | N/A |
Total Giving
$8K
Total Assets
$42K
Fair Market Value
$106K
Net Worth
$42K
Grants Paid
$3K
Contributions
N/A
Net Investment Income
N/A
Distribution Amount
$5K
Total Grants
8
Total Giving
$13K
Average Grant
$2K
Median Grant
$1K
Unique Recipients
2
Most Common Grant
$1K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| The Barkley Fund Tufts UniversityTo help support the organizations ongoing mission | N Grafton, MA | $2K | 2023 |
| Best Friends Animal SocietyTo help support the organizations ongoing mission | Kanab, UT | $1K | 2023 |