E3 Foundation is located in Austin, TX. The organization was established in 2008. 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. E3 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, E3 Foundation generated $738.5k in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 48.4% each year . All expenses for the organization totaled $11.8k during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
Since 2016, E3 Foundation has awarded 26 individual grants totaling $4,925,502. 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
LEVERAGING TECHNOLOGY AND MEDIA TO CREATE AND SHARE SPIRITUALLY EDUCATIONAL MATERIALS TO ASSIST OTHER RELIGIOUS AND NONPROFIT ORGANIZATIONS.
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Dan Smith President & Treasurer | 0 | $0 | |
Linda Smith Vice President & Secretary | 0 | $0 | |
Richard Dooley Assistant Vp/secretary | 0 | $0 |
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $120,416 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $618,084 |
| Capital Gain Net Income | $618,084 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $738,500 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $1,211 |
| Taxes | $3,265 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $3,062 |
| Total operating and administrative expenses | $11,814 |
| Contributions, gifts, grants paid | $0 |
| Total expenses and disbursements | $11,814 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $1,749,330 |
| 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 | $57,049 |
| Total assets | $8,551,852 |
| Accounts payable and accrued expenses | $6,046 |
| 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 | $6,046 |
Over the last fiscal year, E3 Foundation has awarded $446,000 in support to 4 organizations.
| Grant Recipient | Amount |
|---|---|
EXPLORE GOD PURPOSE: TO SUPPORT THE ORGANIZATION'S EXEMPT PURPOSE | $195,000 |
E3 FOUNDATION DAF PURPOSE: TO SUPPORT THE ORGANIZATION'S EXEMPT PURPOSE | $230,000 |
AUSTIN BRIDGE BUILDERS ALLIANCE PURPOSE: TO SUPPORT THE ORGANIZATION'S EXEMPT PURPOSE | $20,000 |
COMMISSION TO EVERY NATION PURPOSE: TO SUPPORT THE ORGANIZATION'S EXEMPT PURPOSE | $1,000 |