Eon Charitable Foundation
- Assets
- $9.0m
- Revenue
- $340.9k
- Investments
- $8.8m
- Employees
- 0
- Location
- Wilmington, DE
- Founding
- 06/2011
- Data as of
- 12/2023
- EIN
- 27-4094169
Organization Overview
Eon Charitable Foundation is located in Wilmington, DE. The organization was established in 2011. 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. Eon Charitable 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 12/2023, Eon Charitable Foundation generated $340.9k in total revenue. This represents relatively stable growth, over the past 9 years the organization has increased revenue by an average of 8.2% each year. All expenses for the organization totaled $775.1k during the year ending 12/2023. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, Eon Charitable Foundation has awarded 44 individual grants totaling $2,917,500. 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 |
|---|---|---|---|
Brian K Bess Pres, Dir, Sec | 1 | $0 | |
Christine J Bess VP | 1 | $0 | |
Conrad C Bess VP | 1 | $0 | |
Morgan B Bess VP | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $10,435 |
| Dividends & Interest | $209,846 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $120,641 |
| Capital Gain Net Income | $120,641 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $340,922 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $5,266 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $29,819 |
| Total operating and administrative expenses | $110,092 |
| Contributions, gifts, grants paid | $665,000 |
| Total expenses and disbursements | $775,092 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $198,989 |
| 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 | $376,047 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $8,973,928 |
| 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, Eon Charitable Foundation has awarded $665,000 in support to 5 organizations.
| Grant Recipient | Amount |
|---|---|
ELEVATE NAVAJO PURPOSE: TWO TRAILERS FOR STAFF HOUSING FUND | $200,000 |
ELEVATE USA PURPOSE: GENERAL & UNRESTRICTED | $135,000 |
HOPE HAVEN CHARITABLE TRUST PURPOSE: GENERAL & UNRESTRICTED | $125,000 |
HOPE INTERNATIONAL PURPOSE: GENERAL & UNRESTRICTED | $200,000 |
RED ROCKS CHURCH PURPOSE: KINGDOM BUILDERS FUND | $5,000 |