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Also known as: C/O SCHOFER DILLBERG & CO
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Turning Leaf Foundation Inc. is a private corporation based in NATICK, MA. The foundation received its IRS ruling in 1998. The principal officer is Kahn Litwin Renza & Co Ltd. It holds total assets of $15.3M. Annual income is reported at $12.1M. Total assets have grown from $849K in 2011 to $11.9M in 2023. The foundation is governed by 4 officers and trustees. To provide opportunities for post secondary education to students for whom such education would not otherwise be available. According to its most recent filing, the foundation only makes contributions to preselected charitable organizations. Tax records are available from 2016 to 2023. The foundation primarily funds organizations in Massachusetts and California. According to available records, Turning Leaf Foundation Inc. has made 11 grants totaling $387K, with a median grant of $30K. The foundation has distributed between $93K and $200K annually from 2020 to 2022. Grantmaking activity was highest in 2021 with $200K distributed across 4 grants. Individual grants have ranged from $13K to $100K, with an average award of $35K. The foundation has supported 4 unique organizations. Grants have been distributed to organizations in Massachusetts and California. Contributions to this foundation are tax-deductible.
Smallest Grant
$14K
Median Grant
$30K
Average Grant
$31K
Largest Grant
$50K
Based on 3 grants from the most recent 990-PF filing.
To provide opportunities for post secondary education to students for whom such education would not otherwise be available
Grants to 501(c)(3) or equivalent organizations
Expenses: $200K
To provide opportunities for post secondary education to students for whom such education would not otherwise be available. Based on available records, the foundation has funded 11 grants. Its grantmaking reaches organizations primarily in MA, CA.
Turning Leaf Foundation Inc. has distributed a total of $387K across 11 grants. The median grant size is $30K, with an average of $35K. Individual grants have ranged from $13K to $100K.
Turning Leaf Foundation Inc. typically selects its grantees rather than accepting unsolicited proposals.
Turning Leaf Foundation Inc. is headquartered in NATICK, MA. While based in MA, the foundation distributes grants to organizations across 2 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Michael J Jacobson | PRESIDENT, SECRETARY & DIR | $0 | $0 | N/A |
| Thomas M Vaubel | DIRECTOR | $0 | $0 | N/A |
| Joseph C Jacobson | DIRECTOR | $0 | $0 | N/A |
| Nancy L Jacobson | TREASURER & DIRECTOR | $0 | $0 | N/A |
Total Giving
$220K
Total Assets
$11.9M
Fair Market Value
$11.4M
Net Worth
$11.9M
Grants Paid
$118K
Contributions
$400K
Net Investment Income
$2.3M
Distribution Amount
$540K
Total: $4.8M
Total Grants
11
Total Giving
$387K
Average Grant
$35K
Median Grant
$30K
Unique Recipients
4
Most Common Grant
$30K
of 2022 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| John Hauf Prgms - Tanzania (Address Information Available Upon Request)EDUCATION | Cambridge, MA | $34K | 2022 |
| Alakra - Tanzania (Address Information Available Upon Request)EDUCATION | Cambridge, MA | $13K | 2022 |
| Pioneer InstituteEDUCATION | Boston, MA | $100K | 2021 |
| Room To ReadEDUCATION | San Francisco, CA | $50K | 2021 |