Leep Foundation
- Assets
- $18.3m
- Revenue
- $2.4m
- Investments
- $18.1m
- Employees
- 0
- Location
- Mishawaka, IN
- Founding
- 10/2009
- Data as of
- 12/2023
- EIN
- 26-4818874
Organization Overview
Leep Foundation is located in Mishawaka, IN. The organization was established in 2009. According to its NTEE Classification (T21) the organization is classified as: Corporate Foundations, under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Leep Foundation is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2023, Leep Foundation generated $2.4m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 4.3% each year. All expenses for the organization totaled $1.1m during the year ending 12/2023. You can explore the organizations financials more deeply in the financial statements section below.
Since 2017, Leep Foundation has awarded 169 individual grants totaling $4,938,072. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Name Not Listed President, Director | 1 | $0 | |
Name Not Listed Vice President, Treasurer, Director | 1 | $0 | |
Name Not Listed Director | 1 | $0 | |
Name Not Listed Director | 1 | $0 | |
Name Not Listed Secretary | 1 | $0 | |
Name Not Listed Director | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $2,283,844 |
| Interest on Savings | $0 |
| Dividends & Interest | $364,220 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | -$259,940 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $2,388,124 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $3,200 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $0 |
| Total operating and administrative expenses | $94,734 |
| Contributions, gifts, grants paid | $1,029,542 |
| Total expenses and disbursements | $1,124,276 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $209,842 |
| Net Accounts receivable | $0 |
| Net Pledges Receivable | $0 |
| Grants receivable | $0 |
| Receivables from Officers, Directors, or Controlling Persons | $0 |
| Net other notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $639,680 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $18,287,794 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $0 |
Grants Awarded
Over the last fiscal year, Leep Foundation has awarded $1,029,542 in support to 23 organizations.
| Grant Recipient | Amount |
|---|---|
BOYS & GIRLS CLUB OF JOSEPH COUNTY PURPOSE: GENERAL OPERATING SUPPORT | $40,000 |
BLANK CHILDREN'S HOSPITAL PURPOSE: GENERAL OPERATING SUPPORT | $15,000 |
COMMUNITY FOUNDATION OF ST JOSEPH COUNTY PURPOSE: GENERAL OPERATING SUPPORT | $155,000 |
CENTER FOR THE HOMELESS PURPOSE: GENERAL OPERATING SUPPORT | $20,000 |
BUSES BY THE BEACH INC PURPOSE: GENERAL OPERATING SUPPORT | $4,000 |
CULTIVATE FOOD RESCUE PURPOSE: GENERAL OPERATING SUPPORT | $125,334 |