Efrusy Family Foundation
- Assets
- $58.1m
- Revenue
- $35.3m
- Investments
- $34.1m
- Employees
- 0
- Location
- Wilmington, DE
- Founding
- 11/2013
- Data as of
- 12/2021
- EIN
- 46-1252608
Organization Overview
Efrusy Family Foundation is located in Wilmington, DE. The organization was established in 2013. 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. Efrusy Family 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 12/2021, Efrusy Family Foundation generated $35.3m in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 48.0% each year . All expenses for the organization totaled $3.1m during the year ending 12/2021. While expenses have increased by 19.4% per year over the past 7 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, Efrusy Family Foundation has awarded 174 individual grants totaling $9,341,864. 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 |
|---|---|---|---|
Kevin Efrusy Chairman, Treas | 5 | $0 | |
Molly Efrusy Dir, Sec, Pres | 5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $29,747,030 |
| Interest on Savings | $8,150 |
| Dividends & Interest | $69,019 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $5,311,547 |
| Capital Gain Net Income | $17,089,060 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $117,982 |
| Total Revenue | $35,253,728 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $46,090 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $195,342 |
| Total operating and administrative expenses | $244,547 |
| Contributions, gifts, grants paid | $2,903,100 |
| Total expenses and disbursements | $3,147,647 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $24,005,380 |
| 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 | $7,674,665 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $58,129,451 |
| 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, Efrusy Family Foundation has awarded $2,903,100 in support to 21 organizations.
| Grant Recipient | Amount |
|---|---|
Vero Beach, FL PURPOSE: THE LATIN AMERICAN LEADERSHIP ACADEMY (LALA) | $950,000 |
New York, NY PURPOSE: THE AFRICAN LEADERSHIP ACADEMY: THE CHRIS BRADFORD LEGACY FUND, 2 STUDENTS SCHOLARSHIP FUND, UNRESTRICTED & GENERAL | $590,000 |
BRAZIL FOUNDATION PURPOSE: RENOVA BR FUND | $250,000 |
SHINING HOPE FOR COMMUNITIES INC PURPOSE: THE SHOFCO URBAN NETWORK (SUN) FUND | $200,000 |
INTERNATIONAL JUSTICE MISSION PURPOSE: THE GLOBAL SURVIVAL NETWORK, PROGRAMS IN AFRICA | $100,000 |
San Francisco, CA PURPOSE: PROJECT WAYFINDER | $100,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Lor Foundation Inc West Chester, PA | $352,392,197 | $12,888,892 |
Grable Foundation Pittsburgh, PA | $386,701,292 | $35,946,563 |
Connelly Foundation West Conshohocken, PA | $387,913,026 | $27,891,431 |
The Abell Foundation Inc Baltimore, MD | $398,354,670 | $42,510,470 |
Bay And Paul Foundations Inc Wilmington, DE | $33,659,644 | $890,121 |
Gordon & Llura Gund Foundation Princeton, NJ | $18,024,465 | $6,191,436 |
Susquehanna Foundation Bala Cynwyd, PA | $640,733,550 | $61,262,452 |
Operating Engineers Trust Fund Of Washington D C & Vicinity Sparks, MD | $40,754,444 | $17,999,357 |
F M Kirby Foundation Inc Morristown, NJ | $303,494,554 | $34,334,700 |
E Rhodes And Leona B Carpenter Foundation Radnor, PA | $250,926,779 | $43,460,229 |
Victoria Foundation Inc Newark, NJ | $335,393,283 | $24,137,337 |
Kahlert Foundation Inc Sykesville, MD | $93,179,960 | $19,162,440 |