Elder Foundation
- Assets
- $410.0k
- Revenue
- $80.2k
- Investments
- $396.2k
- Employees
- 0
- Location
- Richmond, IN
- Founding
- 08/1995
- Data as of
- 06/2024
- EIN
- 35-1944291
Organization Overview
Elder Foundation is located in Richmond, IN. The organization was established in 1995. 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. Elder 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 06/2024, Elder Foundation generated $80.2k in total revenue. This represents relatively stable growth, over the past 4 years the organization has increased revenue by an average of 4.8% each year. All expenses for the organization totaled $73.4k during the year ending 06/2024. You can explore the organizations financials more deeply in the financial statements section below.
Since 2022, Elder Foundation has awarded 22 individual grants totaling $171,000. 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 |
|---|---|---|---|
Alan Elder Co Treasurer | 0 | $0 | |
Paul Elder Sectretary | 0 | $0 | |
Jack Elder Chairman | 0 | $0 | |
Julie Elder Trustee | 0 | $0 | |
Arie Elder Trustee | 0 | $0 | |
Rebecca Barry Trustee | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $70,884 |
| Interest on Savings | $0 |
| Dividends & Interest | $9,337 |
| 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 | $80,221 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $664 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $3,049 |
| Printing and publications | $0 |
| Other expenses | $171 |
| Total operating and administrative expenses | $3,884 |
| Contributions, gifts, grants paid | $69,500 |
| Total expenses and disbursements | $73,384 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $8,046 |
| Savings and temporary cash investments | $5,705 |
| 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 | $410,000 |
| 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, Elder Foundation has awarded $69,500 in support to 5 organizations.
| Grant Recipient | Amount |
|---|---|
FOCUS ON THE FAMILY PURPOSE: EDUCATION | $1,000 |
OAK ARBOR CHURCH PURPOSE: RELIGIOUS | $50,000 |
BOYS AND GIRLS CLUB RICHMOND PURPOSE: EDUCATION | $10,000 |
SWEDENBORG FOUNDATION PURPOSE: RELIGIOUS | $6,000 |
NEW CHURCH LIVE PURPOSE: RELIGIOUS | $2,500 |