Eljay Foundation
- Assets
- $54.0k
- Revenue
- $66.6k
- Investments
- $52.9k
- Employees
- 0
- Location
- Minneapolis, MN
- Founding
- 10/2002
- Data as of
- 12/2023
- EIN
- 41-2023125
Organization Overview
Eljay Foundation is located in Minneapolis, MN. The organization was established in 2002. 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. Eljay 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 12/2023, Eljay Foundation generated $66.6k in total revenue. This represents relatively stable growth, over the past 9 years the organization has increased revenue by an average of 6.2% each year. All expenses for the organization totaled $142.1k during the year ending 12/2023. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, Eljay Foundation has awarded 103 individual grants totaling $673,346. 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 |
|---|---|---|---|
Richard A Glasgow Director/chairman | 1 | $0 | |
Linda J Glasgow Director/president | 1 | $0 | |
Marylynn E Mennicke Director/disbursement Officer | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $64,500 |
| Interest on Savings | $0 |
| Dividends & Interest | $1,631 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $493 |
| Capital Gain Net Income | $493 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $66,624 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $0 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $0 |
| Total operating and administrative expenses | $2,730 |
| Contributions, gifts, grants paid | $139,367 |
| Total expenses and disbursements | $142,097 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $168 |
| Savings and temporary cash investments | $964 |
| 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 | $54,018 |
| 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, Eljay Foundation has awarded $139,367 in support to 20 organizations.
| Grant Recipient | Amount |
|---|---|
2911 INTERNATIONAL EXCHANGE PURPOSE: ANNUAL CAMPAIGN FUND | $10,000 |
A PEACE OF MY MIND PURPOSE: ANNUAL CAMPAIGN CONTRIBUTION | $2,000 |
CANTUS PURPOSE: ANNUAL CAMPAIGN AND "BRAVE" CONCERT SPONSORSHIP | $15,700 |
BACH ROOTS FESTIVAL PURPOSE: ANNUAL CAMPAIGN FUND | $2,000 |
COMMUSICATION PURPOSE: GENERAL PROGRAM SUPPORT | $1,500 |
CONCORDIA COLLEGE CORPORATION PURPOSE: SCORES FOR "CONSIDERING MATTHEW SHEPARD" | $5,000 |