Elmwood Fund
- Assets
- $619.2k
- Revenue
- $198.0k
- Investments
- $564.3k
- Employees
- 0
- Location
- Richmond, VA
- Founding
- 08/1970
- Data as of
- 12/2023
- EIN
- 23-7075321
Organization Overview
Elmwood Fund is located in Richmond, VA. The organization was established in 1970. 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. Elmwood Fund 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, Elmwood Fund generated $198.0k in total revenue. This organization has experienced exceptional growth, as over the past 5 years, it has increased revenue by an average of 16.0% each year . All expenses for the organization totaled $259.2k during the year ending 12/2023. While expenses have increased by 14.4% per year over the past 5 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 2020, Elmwood Fund has awarded 119 individual grants totaling $659,402. 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 |
|---|---|---|---|
Mary Zeugner Secretary/treasurer | 1 | $0 | |
Walter M Dotts President | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $15,914 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $182,085 |
| Capital Gain Net Income | $182,085 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $197,999 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $198 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $11,005 |
| Total operating and administrative expenses | $13,203 |
| Contributions, gifts, grants paid | $246,000 |
| Total expenses and disbursements | $259,203 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $54,893 |
| 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 | $619,178 |
| 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, Elmwood Fund has awarded $246,000 in support to 30 organizations.
| Grant Recipient | Amount |
|---|---|
ART 180 PURPOSE: EDUCATIONAL, RELIGIOUS, AND CHARITABLE(INCLUDING SCHOLARSHIPS TO STUDENTS UNDER AN APPROVED PROGRAM) | $500 |
BRICK PRESBYTERIAN CHURCH PURPOSE: EDUCATIONAL, RELIGIOUS, AND CHARITABLE(INCLUDING SCHOLARSHIPS TO STUDENTS UNDER AN APPROVED PROGRAM) | $500 |
CAMP DUDLEY AT KINIYA PURPOSE: EDUCATIONAL, RELIGIOUS, AND CHARITABLE(INCLUDING SCHOLARSHIPS TO STUDENTS UNDER AN APPROVED PROGRAM) | $500 |
CAPITAL REGION LAND CONSERVACY PURPOSE: EDUCATIONAL, RELIGIOUS, AND CHARITABLE(INCLUDING SCHOLARSHIPS TO STUDENTS UNDER AN APPROVED PROGRAM) | $1,000 |
CHEWANKI FOUNDATION PURPOSE: EDUCATIONAL, RELIGIOUS, AND CHARITABLE(INCLUDING SCHOLARSHIPS TO STUDENTS UNDER AN APPROVED PROGRAM) | $500 |
CHRIST CHURCH QUAKER HILL PURPOSE: EDUCATIONAL, RELIGIOUS, AND CHARITABLE(INCLUDING SCHOLARSHIPS TO STUDENTS UNDER AN APPROVED PROGRAM) | $1,000 |