Erie Family Foundation
- Assets
- $323.9m
- Revenue
- $32.7m
- Investments
- $259.7m
- Employees
- 0
- Location
- New York, NY
- Founding
- 01/2002
- Data as of
- 12/2022
- EIN
- 52-2339484
Organization Overview
Erie Family Foundation is located in New York, NY. The organization was established in 2002. According to its NTEE Classification (T22) the organization is classified as: Private Independent 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. Erie Family 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 12/2022, Erie Family Foundation generated $32.7m in total revenue. This organization has experienced exceptional growth, as over the past 5 years, it has increased revenue by an average of 15.1% each year . All expenses for the organization totaled $21.7m during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
Form
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2022
Describe the Organization's Program Activity:
Part 3 - Line 4a
N/A
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Robert G Wilmers Deceased President | 0 | $0 | |
Elisabeth R Wilmers President | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $29,350,729 |
| Interest on Savings | $0 |
| Dividends & Interest | $6,790,709 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | -$3,487,175 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $63,767 |
| Total Revenue | $32,718,030 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $324,755 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $2,714,435 |
| Total operating and administrative expenses | $3,101,440 |
| Contributions, gifts, grants paid | $18,551,800 |
| Total expenses and disbursements | $21,653,240 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $13,409,011 |
| 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 | $50,778,675 |
| Total assets | $323,896,245 |
| 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, Erie Family Foundation has awarded $3,137,624 in support to 13 organizations.
| Grant Recipient | Amount |
|---|---|
BUFFALO PROMISE NEIGHBORHOOD PURPOSE: FOR ORGANIZATION'S CHARITABLE USE | $750,000 |
ALBRIGHT KNOX ART GALLERY PURPOSE: FOR ORGANIZATION'S CHARITABLE USE | $2,000,000 |
NATURAL RESOURCES DEFENSE COUNCIL PURPOSE: FOR ORGANIZATION'S CHARITABLE USE | $1,000 |
RICK AND ESTELLE KING ENDOWMENT FOR THE ARTS PURPOSE: FOR ORGANIZATION'S CHARITABLE USE | $7,500 |
MASS MOCA PURPOSE: FOR ORGANIZATION'S CHARITABLE USE | $25,000 |
FRENCH INSTITUTEALLIANCE FRANCAISE PURPOSE: FOR ORGANIZATION'S CHARITABLE USE | $106,624 |