Esl Charitable Foundation Inc
- Assets
- $76.3m
- Revenue
- $28.6m
- Investments
- $62.7m
- Employees
- 0
- Location
- Rochester, NY
- Founding
- 12/2003
- Data as of
- 12/2023
- EIN
- 82-0548352
Organization Overview
Esl Charitable Foundation Inc is located in Rochester, NY. The organization was established in 2003. According to its NTEE Classification (T22) the organization is classified as: Private Independent 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. Esl Charitable 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 12/2023, Esl Charitable Foundation Inc generated $28.6m in total revenue. This organization has experienced exceptional growth, as over the past 8 years, it has increased revenue by an average of 46.9% each year . All expenses for the organization totaled $21.2m during the year ending 12/2023. While expenses have increased by 41.5% 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 2016, Esl Charitable Foundation Inc has awarded 1,299 individual grants totaling $126,937,678. 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 |
|---|---|---|---|
Tom Rogers Vice Chair & Treasurer | 1 | $0 | |
Faheem Masood First Vice Chair | 1 | $0 | |
Arline Santiago Vice Chair & Secretary | 1 | $0 | |
Maureen Wolfe Chair | 1 | $0 | |
Ajamu Kitwana Director | 8 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $27,000,000 |
| Interest on Savings | $0 |
| Dividends & Interest | $1,601,230 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | -$667 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $28,600,563 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $21,556 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $157 |
| Printing and publications | $0 |
| Other expenses | $40,714 |
| Total operating and administrative expenses | $217,322 |
| Contributions, gifts, grants paid | $20,947,023 |
| Total expenses and disbursements | $21,164,345 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $13,568,976 |
| Savings and temporary cash investments | $0 |
| 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 | $21,600 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $2,921,686 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $76,265,678 |
| Accounts payable and accrued expenses | $16,529 |
| Grants payable | $15,443,401 |
| 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 | $15,459,930 |
Grants Awarded
Over the last fiscal year, Esl Charitable Foundation Inc has awarded $38,763,794 in support to 317 organizations.
| Grant Recipient | Amount |
|---|---|
540WMAIN PURPOSE: 540WMAIN WEB INFRASTRUCTURE ASSISTANCE | $59,000 |
490 FARMERS INC PURPOSE: URBAN COMMUNITY FARM FOR FOOD SOVEREIGNTY | $10,000 |
ACADEMY OF HEALTH SCIENCES CHARTER SCHOOL PURPOSE: EMPOWERING FUTURE HEALTH SCIENTISTS | $30,000 |
ACTION FOR A BETTER COMMUNITY PURPOSE: SAVE OUR YOUTH | $291,320 |
ADOPT A GRANDPARENT INC PURPOSE: A PLACE TO CALL HOME | $7,170 |
AMERICAN HEART ASSOCIATION PURPOSE: EQUIPPING STUDENTS AND FAMILIES WITH CRITICAL EQUIPMENT AND KNOWLEDGE TO HELP SAVE LIVES IN ROCHESTER | $5,000 |