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Richard And Carol Leonard Foundation is a private corporation based in LK BARRINGTON, IL. The foundation received its IRS ruling in 2018. The principal officer is Richard B Leonard. It holds total assets of $669K. Annual income is reported at $127K. Total assets have grown from $89K in 2019 to $666K in 2023. The foundation is governed by 3 officers and trustees. The foundation operates in the area of philanthropy & grantmaking. Tax records are available from 2020 to 2023. According to available records, Richard And Carol Leonard Foundation has made 14 grants totaling $18K, with a median grant of $2K. Annual giving has grown from $5K in 2021 to $8K in 2023. Individual grants have ranged from $600 to $2K, with an average award of $1K. The foundation has supported 8 unique organizations. Grant recipients are concentrated in Illinois. 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.
Richard And Carol Leonard Foundation primarily funds organizations in the area of philanthropy & grantmaking. Based on available records, the foundation has funded 14 grants. Its grantmaking reaches organizations primarily in IL.
Richard And Carol Leonard Foundation has distributed a total of $18K across 14 grants. The median grant size is $2K, with an average of $1K. Individual grants have ranged from $600 to $2K.
The foundation generally supports charitable causes in the greater barrington, dundee and elgin, illinois area involving education, welfare and health, particularly regarding children, the elderly, and the disadvantaged, with emphasis on financial literacy and classical music appreciation, education and performance.
Richard And Carol Leonard Foundation is headquartered in LK BARRINGTON, IL.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Richard B Leonard | DIRECTOR, PRESIDENT | $0 | $0 | N/A |
| Christopher Wallace | DIRECTOR, SECRETARY | $0 | $0 | N/A |
| Peter Villanueva | DIRECTOR, TREASURER | $0 | $0 | N/A |
Total Giving
$10K
Total Assets
$666K
Fair Market Value
$697K
Net Worth
$666K
Grants Paid
$8K
Contributions
$288K
Net Investment Income
$43K
Distribution Amount
$20K
Total: $266K
Total Grants
14
Total Giving
$18K
Average Grant
$1K
Median Grant
$2K
Unique Recipients
8
Most Common Grant
$2K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Northern Illinois Food BankFOOD PANTRY | Geneva, IL | $2K | 2023 |
| Food For Greater ElginFOOD PANTRY | Elgin, IL | $2K | 2023 |
| The Salvation ArmyPROGRAMS IN ELGIN, ILLINOIS AREA | Elgin, IL | $2K | 2023 |
| Elgin Symphony OrchestraGENERAL PURPOSES | Elgin, IL | $600 | 2023 |
| Misericordia HomeGENERAL PURPOSES | Chicago, IL | $600 | 2023 |
| Lake County Symphony OrchestraGENERAL PURPOSES | Gurnee, IL | $600 | 2023 |
| Boys & Girls Clubs Of Dundee TownshipGENERAL PURPOSES | Carpentersville, IL | $600 | 2023 |
| Gail Borden Public Library FoundationVIOLINS OF HOPE CONCERT | Elgin, IL | $750 | 2022 |