Leveraged Foundation
Preselected recipients only
Leveraged Foundation is a private foundation in Cohoes, New York. In tax year 2024 it gave $8,980 in 1 grant; the typical grant was $8,980 and the largest $8,980. 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$8,980
- Number of grants1
- Typical grant$8,980
- Largest grant$8,980
- Assets$574,257
- New grantees100%
Giving in 2024 was up from $1,600 the year before.
100% 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 | $1,600 | 1 | $636,736 |
| 2024 | $8,980 | 1 | $574,257 |
How to apply
Leveraged Foundation 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.
Foundation website IRS filings on ProPublica
What Leveraged Foundation funds
Where it gives
All of its grants went to recipients in Pennsylvania.
| State | Grants | Amount |
|---|---|---|
| Pennsylvania | 1 | $8,980 |
Grants paid in 2024
| Recipient | Purpose | Amount |
|---|---|---|
| The Center for Black Educator Development | General support | $8,980 |
Officers and trustees
- Allen Thorpe
- Meghan Mackay
Questions people ask
Does Leveraged Foundation accept grant applications?
No. Its IRS filing says it only makes contributions to preselected organizations.
How much does Leveraged Foundation give?
$8,980 in tax year 2024, across 1 grant, with a typical grant of $8,980.
Who runs Leveraged Foundation?
Its 2024 filing lists Allen Thorpe (Treasurer/Secretary/Director) and Meghan Mackay (Executive Director, President/Director).
What does Leveraged Foundation fund?
Based on its grants, mainly education.