Marc J Leder Foundation Inc is located in Boca Raton, FL. The organization was established in 2010. According to its NTEE Classification (T22) the organization is classified as: Private Independent 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. Marc J Leder Foundation Inc 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 09/2022, Marc J Leder Foundation Inc generated $4.7m in total revenue. This organization has experienced exceptional growth, as over the past 6 years, it has increased revenue by an average of 59.2% each year . All expenses for the organization totaled $1.8m during the year ending 09/2022. While expenses have increased by 17.2% per year over the past 6 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, Marc J Leder Foundation Inc has awarded 55 individual grants totaling $6,928,750. 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.
Form
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2022
Describe the Organization's Program Activity:
Part 3 - Line 4a
N/A
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Kevin J Calhoun Director/secretary | 1 | $0 | |
Marc J Leder Director/president | 1 | $0 | |
Rodger R Krouse Director/treasurer | 1 | $0 |
Statement of Revenue | |
---|---|
Contributions, Gifts, Grants & Similar | $2,953,285 |
Interest on Savings | $35 |
Dividends & Interest | $1,274,160 |
Net Rental Income | $0 |
Net Gain on Sale of Assets | $401,271 |
Capital Gain Net Income | $401,271 |
Net ST Capital Gain | $0 |
Income Modifications | $0 |
Profit on Inventory Sales | $0 |
Other Income | $116,901 |
Total Revenue | $4,745,652 |
Statement of Expenses | |
---|---|
Compensation of officers, directors, trustees, etc | $0 |
Other employee salaries and wages | $0 |
Pension plans, employee benefits | $0 |
Interest | $0 |
Taxes | $3,657 |
Depreciation | $0 |
Occupancy | $0 |
Travel, conferences, and meetings | $0 |
Printing and publications | $0 |
Other expenses | $155,005 |
Total operating and administrative expenses | $177,071 |
Contributions, gifts, grants paid | $1,592,000 |
Total expenses and disbursements | $1,769,071 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $863,442 |
Savings and temporary cash investments | $1,974,935 |
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 | $23,392,752 |
Net Land, buildings, and equipment | $0 |
Other assets | $0 |
Total assets | $30,766,521 |
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 |
Over the last fiscal year, Marc J Leder Foundation Inc has awarded $525,000 in support to 4 organizations.
Grant Recipient | Amount |
---|---|
MOMMY'S HEART INC PURPOSE: TO FUND THE CHARITABLE PURPOSE OF THE ORGANIZATION. | $25,000 |
SAMUEL WAXMAN CANCER RESEARCH FOUNDATION PURPOSE: TO FUND THE CHARITABLE PURPOSE OF THE ORGANIZATION. | $250,000 |
SUN CAPITAL PARTNERS FOUNDATION PURPOSE: TO FUND THE CHARITABLE PURPOSE OF THE ORGANIZATION. | $225,000 |
SCHOOL OF AMERICAN BALLET INC PURPOSE: TO FUND THE CHARITABLE PURPOSE OF THE ORGANIZATION. | $25,000 |