Ellucian Foundation
- Assets
- $539.2k
- Revenue
- $514.8k
- Investments
- $0.0
- Employees
- 0
- Location
- Reston, VA
- Founding
- Data as of
- 12/2021
- EIN
- 85-4066051
Organization Overview
Ellucian Foundation is located in Reston, VA. According to its NTEE Classification (T21) the organization is classified as: Corporate 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. Ellucian 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, Ellucian Foundation generated $514.8k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 2 years, the organization has seen revenues fall by an average of (6.3%) each year.
Since 2021, Ellucian Foundation has awarded 30 individual grants totaling $540,000. 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 |
|---|---|---|---|
Jennifer Welding Exec Director And Director | 1 | $0 | |
Rachael Tilley Secretary And Director | 1 | $0 | |
Kirsten Weeks Treasurer And Director | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $514,790 |
| Interest on Savings | $0 |
| Dividends & Interest | $0 |
| 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 | $514,790 |
| 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 | $5,698 |
| Total operating and administrative expenses | $37,048 |
| Contributions, gifts, grants paid | $540,000 |
| Total expenses and disbursements | $577,048 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $524,229 |
| 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 | $0 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $0 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $14,997 |
| Total assets | $539,226 |
| Accounts payable and accrued expenses | $487 |
| 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 | $487 |
Grants Awarded
Over the last fiscal year, Ellucian Foundation has awarded $540,000 in support to 30 organizations.
| Grant Recipient | Amount |
|---|---|
Alexandria, VA PURPOSE: SCHOLARSHIP 2021 | $40,000 |
APPALACHIAN STATE UNIVERSITY PURPOSE: PATH SCHOLARSHIP 2021 | $25,000 |
GEORGIA STATE UNIVERSITY PURPOSE: PATH SCHOLARSHIP 2021 | $25,000 |
Bozeman, MT PURPOSE: PATH SCHOLARSHIP 2021 | $25,000 |
EASTERN KY UNIVERSITY FOUNDATION PURPOSE: PATH SCHOLARSHIP 2021 | $25,000 |
MSU DENVER FOUNDATION INC PURPOSE: PATH SCHOLARSHIP 2021 | $25,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Morris And Gwendolyn Cafritz Foundation Washington, DC | $0 | $65,532,545 |
Burroughs Wellcome Fund Research Triangle Park, NC | $946,804,754 | $86,337,046 |
Dollywood Foundation Pigeon Forge, TN | $23,282,143 | $42,750,755 |
Sherman Fairchild Foundation Inc Chevy Chase, MD | $608,781,139 | $70,437,193 |
Blue Cross And Blue Shield Of North Carolina Foundation Durham, NC | $253,862,813 | $27,558,288 |
Tennessee Health Foundation Inc Chattanooga, TN | $243,056,353 | $3,261,329 |
Assisi Foundation Of Memphis Inc Memphis, TN | $238,137,134 | $32,851,811 |
Commonwealth Foundations Richmond, VA | $819,010 | $12,460,000 |
Brown-Forman Foundation Louisville, KY | $0 | $24,207,060 |
Carmax Foundation Richmond, VA | $6,340,369 | $9,797,991 |
Ingersoll-Rand Charitable Foundation Davidson, NC | $949,422 | $5,202,263 |
Teleios Collaborative Network Flat Rock, NC | $1,937,761 | $5,692,077 |