Eldred Foundation Inc is located in Austin, TX. The organization was established in 1986. 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. Eldred 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 12/2022, Eldred Foundation Inc generated $506.3k in total revenue. This organization has experienced exceptional growth, as over the past 8 years, it has increased revenue by an average of 11.5% each year . All expenses for the organization totaled $638.9k during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
Since 2014, Eldred Foundation Inc has awarded 53 individual grants totaling $5,765,600. 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.
Form
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2022
Describe the Organization's Program Activity:
Part 3 - Line 4a
NONE
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Carolyn S Eldred President | 40 | $82,594 | |
Darrell Andersen Vice Pres | 40 | $76,704 | |
Amanda Wood Director | 2 | $0 | |
Kelsey Krug Director | 2 | $0 | |
Eva Knight Director | 2 | $0 |
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $386 |
| Dividends & Interest | $505,948 |
| 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 | $506,334 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $171,788 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $12,186 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $191 |
| Printing and publications | $0 |
| Other expenses | $41,520 |
| Total operating and administrative expenses | $228,910 |
| Contributions, gifts, grants paid | $410,000 |
| Total expenses and disbursements | $638,910 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $39,646 |
| Savings and temporary cash investments | $77,024 |
| 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 | $500 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $17,191,716 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $6,000 |
| Total assets | $17,314,886 |
| 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, Eldred Foundation Inc has awarded $410,000 in support to 7 organizations.
| Grant Recipient | Amount |
|---|---|
CITY SPROUTS PURPOSE: GENERAL CONTRIBUTION | $13,000 |
ALL THINGS WILD REHAB PURPOSE: GENERAL CONTRIBUTION | $7,000 |
CSU VET TEACHING HOSPITAL PURPOSE: EDUCATIONAL | $165,000 |
PACHAMAMA ALLIANCE PURPOSE: GENERAL CONTRIBUTION | $90,000 |
ROCKY MOUNTAIN INSTITUTE PURPOSE: GENERAL CONTRIBUTION | $70,000 |
URBAN ROOTS PURPOSE: GENERAL CONTRIBUTION | $65,000 |