Elliott Family Foundation Inc
- Assets
- $2.3m
- Revenue
- $211.2k
- Investments
- $2.1m
- Employees
- 0
- Location
- Somers, NY
- Founding
- 10/2005
- Data as of
- 12/2022
- EIN
- 20-2025290
Organization Overview
Elliott Family Foundation Inc is located in Somers, NY. The organization was established in 2005. According to its NTEE Classification (T20) the organization is classified as: Private Grantmaking 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. Elliott Family 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 12/2022, Elliott Family Foundation Inc generated $211.2k in total revenue. The organization has seen a slow decline revenue. Over the past 8 years, revenues have fallen by an average of (1.0%) each year. All expenses for the organization totaled $150.3k during the year ending 12/2022. As we would expect to see with falling revenues, expenses have declined by (0.6%) per year over the past 8 years. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, Elliott Family Foundation Inc has awarded 223 individual grants totaling $1,009,372. 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.
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
David Elliott Director-President | 5 | $0 | |
Matthew Elliott Director-Vice-President | 2 | $0 | |
Sarah Elliott Gunderson Director-Treasurer | 5 | $0 | |
Jennifer Elliott Brooks Director-Secretary | 5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $131,569 |
| Interest on Savings | $80 |
| Dividends & Interest | $59,529 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $20,050 |
| Capital Gain Net Income | $20,050 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $211,228 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $6,063 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $250 |
| Total operating and administrative expenses | $21,368 |
| Contributions, gifts, grants paid | $128,959 |
| Total expenses and disbursements | $150,327 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $68,426 |
| Savings and temporary cash investments | $195,305 |
| 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 | $0 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $2,314,945 |
| 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, Elliott Family Foundation Inc has awarded $128,959 in support to 23 organizations.
| Grant Recipient | Amount |
|---|---|
CHORE SERVICE PURPOSE: CIVIC WELFARE | $500 |
NAUGATUCK VALLEY COMMUNITY COLLEGE PURPOSE: EDUCATION | $9,459 |
LAKEVILLE HOSE CO PURPOSE: COMMUNITY WELFARE | $5,000 |
THE DOUGLAS LIBRARY PURPOSE: LIBRARY SERVICESLIBRARY SERVICES | $500 |
THE SALISBURY ASSOCIATION PURPOSE: PRESERVATIONMUSEUMMUSEUMPRESERVATION | $1,000 |
N CANAAN AMBULANCE CORP PURPOSE: COMMUNITY WELFARE | $5,000 |