Eljay Foundation
- Assets
- $129.5k
- Revenue
- $100.4k
- Investments
- $51.1k
- Employees
- 0
- Location
- Minneapolis, MN
- Founding
- 10/2002
- Data as of
- 12/2022
- 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 12/2022, Eljay Foundation generated $100.4k in total revenue. This organization has experienced exceptional growth, as over the past 8 years, it has increased revenue by an average of 12.6% each year . All expenses for the organization totaled $121.2k during the year ending 12/2022. While expenses have increased by 18.1% per year over the past 8 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 2015, Eljay Foundation has awarded 83 individual grants totaling $533,979. 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 | |
Thomas W Young Director Until 6/13/22 | 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 | $98,250 |
| Interest on Savings | $0 |
| Dividends & Interest | $2,118 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $0 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $100,368 |
| 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 | $682 |
| Total operating and administrative expenses | $4,462 |
| Contributions, gifts, grants paid | $116,759 |
| Total expenses and disbursements | $121,221 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $77,766 |
| Savings and temporary cash investments | $626 |
| 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 | $129,491 |
| 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 $116,759 in support to 16 organizations.
| Grant Recipient | Amount |
|---|---|
THE SINGERSMCA PURPOSE: PROGRAM SUPPORT | $47,759 |
Minneapolis, MN PURPOSE: PROGRAM SUPPORT | $20,000 |
Elkton, MD PURPOSE: GENERAL CAMPAIGN | $10,000 |
CANTUS PURPOSE: ANNUAL CAMPAIGN AND 25TH YEAR MILESTONE | $7,500 |
2911 INTERNATIONAL EXCHANGE PURPOSE: US TOUR CONTRIBUTION | $7,500 |
St Paul, MN PURPOSE: MARTA EDMAN SECTION LEADER SPONSORSHIP | $5,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Otto Bremer Trust St Paul, MN | $1,543,197,073 | $135,875,116 |
The Robert D And Patricia E Kern Family Foundation Inc Waukesha, WI | $717,991,169 | $43,480,423 |
The Richard M Schulze Family Foundation Minneapolis, MN | $250,424,427 | $45,882,285 |
Fred C And Katherine B Andersen Foundation Bayport, MN | $1,210,701,778 | $63,445,932 |
Manitou Fund White Bear Lake, MN | $1,003,593,689 | $40,882,622 |
Lynne & Andrew Redleaf Foundation Minneapolis, MN | $127,717,345 | $981,960 |
Northwest Area Foundation St Paul, MN | $512,755,007 | $38,144,816 |
U S Bancorp Foundation Milwaukee, WI | $68,350,907 | $6,892,078 |
Medtronic Communities Foundation Minneapolis, MN | $54,271,830 | $230,239 |
General Mills Foundation Minneapolis, MN | $0 | -$304,053 |
J A Wedum Foundation Plymouth, MN | $141,295,178 | $28,441,684 |
Bader Philanthropies Inc Milwaukee, WI | $26,809,232 | $30,829,351 |