Elpis Foundation
- Assets
- $0.0
- Revenue
- $962.8k
- Investments
- $3.4m
- Employees
- 0
- Location
- Tulsa, OK
- Founding
- 04/2006
- Data as of
- 12/2020
- EIN
- 20-2033062
Organization Overview
Elpis Foundation is located in Tulsa, OK. The organization was established in 2006. 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. Elpis Foundation 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 12/2020, Elpis Foundation generated $962.8k in total revenue. This organization has experienced exceptional growth, as over the past 6 years, it has increased revenue by an average of 21.9% each year . All expenses for the organization totaled $279.8k during the year ending 12/2020. While expenses have increased by 1.8% 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 2016, Elpis Foundation has awarded 85 individual grants totaling $1,499,338. 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.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
John G Nikkel Trustee | 0 | $0 | |
Robert E Nikkel Trustee | 0 | $0 | |
Melody A Mcsparran Trustee | 0 | $0 | |
Carole A Nikkel Trustee | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $1,850 |
| Dividends & Interest | $242,293 |
| Profit on Inventory Sales | $0 |
| Other Income | -$31,443 |
| Total Revenue | $962,825 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Pension plans, employee benefits | $0 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Total operating and administrative expenses | $9,821 |
| Contributions, gifts, grants paid | $270,012 |
| Total expenses and disbursements | $279,833 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $1,686,212 |
| Investments—mortgage loans | $0 |
| Investments—other | $0 |
| Other assets | $16,112 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $0 |
Grants Awarded
Over the last fiscal year, Elpis Foundation has awarded $235,000 in support to 10 organizations.
| Grant Recipient | Amount |
|---|---|
CROSSOVER PREP ACADEMY PURPOSE: GENERAL FUND. | $55,000 |
Kansas City, MO PURPOSE: GENERAL FUND. | $40,000 |
KANSAS CITY CHRISTIAN SCHOOL PURPOSE: GENERAL FUND. | $30,000 |
Tulsa, OK PURPOSE: GENERAL FUND. | $30,000 |
Alpharetta, GA PURPOSE: GENERAL FUND. | $30,000 |
Tulsa, OK PURPOSE: GENERAL FUND. | $15,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Arnall Family Foundation Inc Oklahoma City, OK | $11,371,239 | $12,792,638 |
Houston Endowment Inc Houston, TX | $2,683,938,862 | $265,655,014 |
J E And L E Mabee Foundation Inc Midland, TX | $754,241,961 | $130,151,698 |
Rainwater Charitable Foundation Fort Worth, TX | $856,887,520 | $46,265,349 |
Crawford Taylor Foundation St Louis, MO | $738,101,888 | $69,635,068 |
The Samuel Roberts Noble Foundation Ardmore, OK | $1,183,090,626 | $85,581,097 |
Kinder Foundation Houston, TX | $141,449,180 | $60,608,944 |
Enterprise Holdings Foundation Saint Louis, MO | $398,583,830 | $68,157,541 |
Rees-Jones Foundation Dallas, TX | $0 | $116,553,438 |
Meadows Foundation Incorporated Dallas, TX | $777,502,701 | $134,484,682 |
Gates Family Foundation Denver, CO | $458,247,303 | $68,267,243 |
Rob And Melani Walton Foundation Bentonviille, AR | $541,056,642 | $120,568,910 |