New York · Nonprofit
LEO IMPACT FUND INC
LEO IMPACT FUND INC (New York) receives grants from 3 organizations whose IRS filings report $4,085 to it, the largest being MGR FOUNDATION ($3,200). 2 of them have funded it in more than one year.
- Revenue FY2025
- $16k
- Funders on record
- 3
- Grants received
- $4k
- Net assets
- $106k
What Leo Impact Fund Inc does
Mission
To operate as a student-run organization that fosters economic development in underserved communities through debt and equity investments that would not otherwise be made by commercial lenders and investors and related support for small businesses and high-impact startups in the state of new york, throughout the united states and abroad, and provides educational opportunities to business school students through investment target selection, the associated due diligence, and the monitoring of investment performance.
As stated on its FY2025 Form 990-EZ.
Program
Leo impact fund invests philanthropic capital in high-impact, early-stage social enterprises. We strive to educate the next generation of impact investors with hands-on experience, active networks, and educational events.investment - we make debt investments that support social enterprises across the world while maintaining strong relationships with investees to help them develop and grow. In addition to venture debt, we continue to explore opportunities to invest in equity and equity-like securities. Our focus areas include financial inclusion, health, education, and climate solutions.education - through lecture series, speaker panels, conferences, newsletters, and other engagement activities, we provide opportunities for the columbia university community at large to learn about impact investing, network, and find career opportunities in the field. Consulting - we work with investees and other partners to design consulting and due diligence projects carried out by volunteers, primarily columbia mba students. Projects are typically three months long and culminate with consultants traveling and working internationally on-site at no cost to partners.
$22,000 spentof which $22,000 as grants100% of program spending
The program described on its FY2024 Form 990-EZ. Program spending in total: $22,000.
The organization over time
Each line starts at 100 in 2020, so what you read is the shape rather than the size: 150 means half as much again as 2020, 50 means half. The number beside each label in the key is where it ended. The shaded band is where the middle 50% of its peers' revenue would sit, given their growth.
Balance sheet
Total assets and total liabilities at each year end, in dollars. The largest one-year move in total assets was 2023 to 2024, from $156k to $114k (−27%).
How it's funded, over time
Each bar is one year's revenue split into where it came from, and every bar is the same height — these are shares, not amounts, so a year that raised twice as much looks the same size. Hover a bar for the split.
73% of LEO IMPACT FUND INC’s revenue is contributions — about as donation-reliant as the typical peer (77% for the typical peer).
Surplus & reserves
Operating surplus or deficit each year, and months of liquidity in hand. 2 of the last 6 reported years ran a deficit.
Who funds it, year by year
2020 → 2023: the base narrowed from 3 funders to 1 funder, grant income fell $2k → $121.
1 of 3 of your funders are donor-advised or pass-through sponsors (tagged DAF) — 17% of grant dollars received. That money is really individual donors directing a sponsor; the institutions to cultivate are the non-DAF funders.
From the IRS filings of LEO IMPACT FUND INC’s funders (the co-funder graph). Association, not causation. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.
How concentrated its funding is
LEO IMPACT FUND INC leans on a few funders — its largest provides 78% of grant income and the top three 100%; half comes from just 1 funder.
the vertical line marks half of all grant income — 1 funder to its left
Largest funder’s share by year: 2020 83% · 2021 87% · 2022 100% · 2023 100% — growing more concentrated.
“Effective funders” = inverse Herfindahl index (1 / Σ shareᵢ²) — the number of equal-sized funders that would give the same concentration. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.
Where its funders are
LEO IMPACT FUND INC draws 100% of its grant income from funders outside New York, across 2 states in all.
In-state vs out-of-state, by year
Funder states come from each funder’s own filing. $685 arriving through sponsors registered in 1 state is excluded from the map and the split above: a sponsor holds money on a donor’s behalf, so its registered address would place those dollars somewhere no donor need ever have been. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.
Against its field
LEO IMPACT FUND INC has grown faster than half of the 6,328 community improvement nonprofits its size.
this organization peer median middle 50% of peers· 6,328 community improvement nonprofits under $100k, FY2025
Organizations like LEO IMPACT FUND INC
Organizations whose mission and program text most resemble this one, by semantic similarity over every organization in the US filings — the closest peers, and often the clearest route to shared or prospective funders.
In New York
Nationally
Read directly from this organization’s own Form 990, as neutral context.
Public support
45%
Share of support from the public (Schedule A) — the basis for its public-charity status.
Footprint & structure
Files a return copy in 1 state
Screen this organization
A dated, signed PDF of the compliance screen for LEO IMPACT FUND INC: IRS status (Business Master File, Publication 78, auto-revocation), the OFAC sanctions lists, the Internal Revenue Bulletin, and California registration, with the Rev. Proc. 2018-32 §8.01 reliance elements stated element by element. Generated from the current files at the moment you download it.
Screens are triage, not determinations; a source that cannot be read reports not screened, never clear. Screen this nonprofit · How the screen works · on the API as GET /api/screening/{ein}?format=pdf
Questions and answers
- Who funds LEO IMPACT FUND INC?
- LEO IMPACT FUND INC (New York) receives grants from 3 organizations whose IRS filings report $4,085 to it, the largest being MGR FOUNDATION ($3,200). 2 of them have funded it in more than one year.
- How many funders does LEO IMPACT FUND INC have?
- IRS filings report 3 organizations giving $4,085 in grants to LEO IMPACT FUND INC, 2 of which have funded it in more than one year.
- Who is the largest funder of LEO IMPACT FUND INC?
- MGR FOUNDATION is the largest funder on record, with $3,200 in grants. The full list of funders is on this page.
- How can an organization like LEO IMPACT FUND INC find more funders?
- Start with the funders already giving here, then look at the foundations that back similar organizations in New York. The funding by cause and by state pages list the largest funders for a given area and how to approach them.
Play a game about who funds Leo Impact →
These figures are read directly from IRS Form 990 / 990-PF e-file XML: this organization’s own return for FY2025 (financials across 2020–2025), and the filings of 3 funders that report grants to it. “On record” means captured in the filings we have parsed — a funder that does not e-file, or whose grant detail is not itemized, will not appear. Filings run roughly 12–24 months behind. Trends on this page end at FY2023, the last fiscal year that has finished arriving; later years are shown and marked, and move no figure. Data on this page was exported October 14, 2026. What this page cannot tell you · view filing