Comprehensive foundation profile based on the most recent IRS Form 990 filing
The Maud Glover Folsom Foundation Inc, based in Simsbury, Connecticut, is a U.S.-based foundation with assets totaling approximately $12.7 million. In the most recent fiscal year, the foundation reported expenses of about $1.27 million and revenue of approximately $7.06 million. The foundation supports a wide range of cities across the United States, including major cities like Chicago, Cincinnati, and Seattle, as well as smaller towns such as Brush Prairie and Liberty. It funds projects in numerous states, including but not limited to Connecticut, Florida, New York, and Texas. The foundation is managed by key personnel including Richard Dias (Secretary), Charles Leonard (President), and William F. Austin (Treasurer), each working 20 hours per week with respective compensations of $27,600, $26,800, and $18,369. The foundation does not specify particular subject areas for its funding.
Focus Areas
Geographic Focus
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Financials
+2.6% from previous year
103 grants awarded in 2024
Of total revenue spent on programs
Grants
| Purpose | Location | |||
|---|---|---|---|---|
| $581,989 | SEE ATTACHED LIST OF SCHOLARSHIP RE | SCHOLARSHIPS | Simsbury, CT, US | 2023 |
| $12,500 | THOMAS CARPENTER | SCHOLARSHIP RECIPIENT | Moscow, ID, US | 2024 |
| $11,500 | ALEXANDER M FOSTER | SCHOLARSHIP RECIPIENT | Sterling, VA, US | 2024 |
| $10,000 | AIDAN D SMITH | SCHOLARSHIP RECIPIENT | Seattle, WA, US | 2024 |
| $10,000 | ASA N BRADLEY | SCHOLARSHIP RECIPIENT | Ridgefield, WA, US | 2024 |
| $10,000 | BENJAMIN WARNER | SCHOLARSHIP RECIPIENT | West simsbury, CT, US | 2024 |
| $10,000 | BRADEN MOORE | SCHOLARSHIP RECIPIENT | Downers grove, IL, US | 2024 |
| $10,000 | BRANDON BLACK | SCHOLARSHIP RECIPIENT | Pappillon, NE, US | 2024 |
| $10,000 | BRANDON SCHNELL | SCHOLARSHIP RECIPIENT | Lehighton, PA, US | 2024 |
| $10,000 | DAWSON A CARTER | SCHOLARSHIP RECIPIENT | Narvon, PA, US | 2024 |
People
Compensation data from most recent available 990 forms
| Title | |||
|---|---|---|---|
RD
RICHARD DIAS
| SECRETARY | $27,600 | 2024 |
CL
CHARLES LEONARD
| PRESIDENT | $26,800 | 2024 |
WF
WILLIAM F AUSTIN
| TREASURER | $18,369 | 2024 |
RICHARD DIAS
SECRETARY
CHARLES LEONARD
PRESIDENT
WILLIAM F AUSTIN
TREASURER
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Financial data sourced from IRS 990 forms via ProPublica Nonprofit Explorer
View on ProPublica Nonprofit ExplorerLast updated on August 25, 2025