The Eyak Foundation

Organization Overview

The Eyak Foundation is located in Anchorage, AK. The organization was established in 1998. According to its NTEE Classification (B82) the organization is classified as: Scholarships & Student Financial Aid, under the broad grouping of Education and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Eyak 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 12/2021, Eyak Foundation generated $118.4k in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 14.2% each year . All expenses for the organization totaled $98.9k during the year ending 12/2021. While expenses have increased by 21.4% per year over the past 7 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.

Since 2015, Eyak Foundation has awarded 202 individual grants totaling $266,841. 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.

Mission & Program ActivityExcerpts From the 990PF Filing

TAX YEAR

2021

Describe the Organization's Program Activity:

Part 3 - Line 4a

VOCATIONAL, TECHNICAL, AND HIGHER EDUCATION SCHOLARSHIPS TOTALING 49,887 WERE DISTRIBUTED FOR ALASKA NATIVE YOUTH EDUCATION.


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Financial Statements

Statement of Revenue
Contributions, Gifts, Grants & Similar $22,723
Interest on Savings $2
Dividends & Interest $44,570
Net Rental Income$0
Net Gain on Sale of Assets $51,079
Capital Gain Net Income $51,079
Net ST Capital Gain $0
Income Modifications $0
Profit on Inventory Sales $0
Other Income $0
Total Revenue $118,374

Grants Awarded

Over the last fiscal year, The Eyak Foundation has awarded $49,887 in support to 27 organizations.

Grant RecipientAmount

THE NATIVE VILLAGE OF EYAK

PURPOSE: CULTURAL/HERITAGE CLASS SPONSORSHIP

$8,000

UNIVERSITY OF ALASKA

PURPOSE: SCHOLARSHIPS

$6,553

SAGE GALLOWAY

PURPOSE: SCHOLARSHIP

$2,500

PATRICIA ELIE-WOLKOFF

PURPOSE: SCHOLARSHIP

$2,000

JESSICA CRUMP

PURPOSE: SCHOLARSHIP

$2,000

EMILY CREED

PURPOSE: SCHOLARSHIP

$2,000
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