Egw Foundation Inc is located in Tampa, FL. The organization was established in 2006. 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. Egw 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 12/2021, Egw Foundation Inc generated $6.1m in total revenue. All expenses for the organization totaled $11.4m during the year ending 12/2021. While expenses have increased by 62.6% 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.
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Lisa M Mcnicholas Pres/secty | 10 | $7,800 | |
Dennis T Mcnicholas Vp/treas | 10 | $7,800 | |
Nylah J Thompson Director | 10 | $0 |
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $61,650 |
| Dividends & Interest | $67,346 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $6,099,396 |
| Capital Gain Net Income | $6,099,396 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | -$137,250 |
| Total Revenue | $6,091,142 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $15,600 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $10,310 |
| Interest | $0 |
| Taxes | $1,753 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $33,498 |
| Total operating and administrative expenses | $81,184 |
| Contributions, gifts, grants paid | $11,337,330 |
| Total expenses and disbursements | $11,418,514 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| 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 | $0 |
| Total assets | $0 |
| 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 |
Over the last fiscal year, Egw Foundation Inc has awarded $11,337,330 in support to 3 organizations.
| Grant Recipient | Amount |
|---|---|
ARISE CHURCH PURPOSE: RELIGIOUS | $335,000 |
SOUTHEASTERN UNIVERSITY PURPOSE: EDUCATIONAL | $600,000 |
FIDELITY CHARITABLE PURPOSE: PHILANTHROPICAL | $10,402,330 |