# Thomas & Dorothy Leavey Foundation

Thomas & Dorothy Leavey Foundation is a Foundation based in Los Angeles, United States.

## Overview

- **Organization type:** Foundation
- **Headquarters:** Los Angeles, United States
- **Region:** North America
- **Address:** 10100 Santa Monica Blvd Ste 610, Los Angeles, CA, United States
- **Founded:** 1952
- **Assets under management:** Undisclosed

## Regulatory record

- **Reports private funds:** No

## About

The Thomas & Dorothy Leavey Foundation was created in 1952 by Thomas E. Leavey, co-founder of Farmers Insurance Group, and Dorothy E. Leavey. Their daughter Kathleen Leavey McCarthy serves as chairman. The foundation has distributed more than $200 million in grants since inception, with notable recipients including Santa Clara University and the University of Southern California. The portfolio mixes public equities, corporate bonds, and alternative investments. Confirmed holdings include commitments to Energy Capital Partners II-B, Energy Capital Partners III-B, Wilton Private Equity Fund, Apollo Natural Resources Partners II, and Offshore Mezzanine Partners III. Geographic exposure centers on the United States with additional global private credit exposure. Capital is deployed via limited partnership structures rather than direct co-investments. Kathleen Leavey McCarthy also serves on the USC Board of Trustees. The foundation maintains relationships with legal counsel Irell & Manella LLP and several investment managers including Wilton Asset Management and Apollo Global Management. In June 2025 the foundation attended the USC Trojan Saint Award Dinner in Los Angeles. The foundation operates with a single-family governance structure tied directly to the Leavey descendants and maintains scholarship programs restricted to children of Farmers Group employees.

## Sectors

- Education
- Healthcare
- Religion

## People

- Kathleen Leavey McCarthy — Chairman

## Questions

### Who runs investment decisions at the Thomas & Dorothy Leavey Foundation?

Kathleen Leavey McCarthy serves as chairman. Investment managers including Wilton Asset Management and Apollo Global Management handle portions of the portfolio.

### Does the Thomas & Dorothy Leavey Foundation participate in fund commitments or only direct deals?

The foundation participates through limited partnership interests in private equity, energy infrastructure, and private credit funds.

### What sectors does the Thomas & Dorothy Leavey Foundation prioritize in its grantmaking?

Grants focus on hospitals, medical research, higher and secondary education, and Catholic church groups.

### How is the Thomas & Dorothy Leavey Foundation related to Farmers Insurance Group?

The foundation provides scholarships for children of Farmers Group employees and traces its endowment to the company's co-founder.

## Related profiles

- [Muhlenberg College Endowment](https://altss.com/profile/muhlenberg-college-endowment)
- [The Vermont Community Foundation](https://altss.com/profile/the-vermont-community-foundation-vcf)

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Last updated: 2026-07-06T00:39:08.009Z

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