Leo Foundation Inc
Preselected recipients only
Leo Foundation Inc is a private foundation in Cedar Grove, New Jersey. In tax year 2024 it gave $80,000 in 2 grants; the typical grant was $40,000 and the largest $40,000. It only gives to organizations it selects itself and does not accept unsolicited applications.
From its IRS Form 990-PF for tax year 2024.
- Grants paid, 2024$80,000
- Number of grants2
- Typical grant$40,000
- Largest grant$40,000
- Assets$0
- New grantees50%
Giving in 2024 was up from $16,000 the year before.
50% of its 2024 grantees had not received a grant from it the year before, a sign it is open to new organizations.
Giving by year
| Tax year | Grants paid | Number of grants | Assets |
|---|---|---|---|
| 2023 | $16,000 | 4 | $108,345 |
| 2024 | $80,000 | 2 | $0 |
How to apply
Leo Foundation Inc says in its IRS filing that it only makes contributions to preselected organizations, so unsolicited applications are unlikely to be considered. Organizations it funds are usually invited.
What Leo Foundation Inc funds
Where it gives
Its grants went to recipients in 2 states, the most to New Jersey.
| State | Grants | Amount |
|---|---|---|
| New Jersey | 1 | $40,000 |
| New York | 1 | $40,000 |
Grants paid in 2024
| Recipient | Purpose | Amount |
|---|---|---|
| Memorial Sloan Kettering | Donation | $40,000 |
| Overlook Hospital | Donation | $40,000 |
Officers and trustees
- A John Gambro
- Ann Lorie Gambro
- Michael Saul Gambro
Questions people ask
Does Leo Foundation Inc accept grant applications?
No. Its IRS filing says it only makes contributions to preselected organizations.
How much does Leo Foundation Inc give?
$80,000 in tax year 2024, across 2 grants, with a typical grant of $40,000.
Who runs Leo Foundation Inc?
Its 2024 filing lists A John Gambro (Trustee), Ann Lorie Gambro (Trustee) and Michael Saul Gambro (Trustee).
What does Leo Foundation Inc fund?
Based on its grants, mainly health.