Eleos Foundation
- Assets
- $0.0
- Revenue
- $1.3m
- Investments
- $0.0
- Employees
- 0
- Location
- Santa Barbara, CA
- Founding
- Data as of
- 12/2016
- EIN
- 95-1691284
Organization Overview
Eleos Foundation is located in Santa Barbara, CA.
For the year ending 12/2016, Eleos Foundation generated $1.3m in total revenue. All expenses for the organization totaled $6.0m during the year ending 12/2016. While expenses have increased by 261.7% per year over the past 2 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.
Form
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2016
Describe the Organization's Program Activity:
Part 3 - Line 4a
GRANTMAKING
BUTEP- BOLD UNDERTAKINGS TO ERADICATE POVERTY IS OUR PROGRAM FOR INTERNATIONAL GRANTING AND INVESTING. WE BELIEVE THAT SUSTAINABLE MARKET-BASED SOLUTIONS WILL BE THE MOST EFFECTIVE WAY TO ERADICATE EXTREME POVERTY. FROM LOW COST EDUCATION IN INDIA TO SANITATION IN THE SLUMS OF KENYA, WERE COMMITTED TO INVESTING IN AND SUPPORTING INNOVATIVE ENTREPRENEURS SOLVING TOUGH PROBLEMS. WE BRIDGE THE PIONEER GAP BY PROVIDING ENTREPRENEURS WITH THE CAPITAL AND ADVISORY SUPPORT NEEDED TO TAKE THEIR BUSINESS FROM A PILOT TO A PROVEN MODEL, READY TO SCALE AND POSITIVELY IMPACT THE LIVES OF THOSE LIVING IN POVERTY.
PIIP - PARTNERS IN INTERNATIONAL PHILANTHROPY IS A PROGRAM TO EDUCATE THE COMMUNITY ABOUT THE POSITIVE BENEFITS IN INVESTING WITH VALUES. WE HOST EDUCATIONAL EVENTS HOLD CONFERENCE CALLS FOR PEOPLE TO LEARN AND ASK QUESTIONS DIRECTLY TO THE ENTREPRENEURS AROUND THE WORLD. WE ALSO OFFER INVESTORS THE OPPORTUNITY TO INVEST AND LEARN ALONGSIDE US AS WE GO THROUGH THE JOURNEY WITH OUR SOCIAL ENTREPRENEURS OF EXPLORING HOW MARKET BASED SOLUTIONS SOLVE TOUGH PROBLEMS ASSOCIATED WITH POVERTY.
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PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Nancy Swanson Chairman | 0.5 | $0 | |
Catherine Brozowski Director | 0.5 | $0 | |
Barbara Delaune Warren Director | 0.5 | $0 | |
Brandi Fraser Secretary | 0.5 | $0 | |
Ann Hutchins Treasurer | 0.5 | $0 | |
Carrie Randolph Director | 0.5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $43,564 |
| Dividends & Interest | $0 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $173,512 |
| Capital Gain Net Income | $173,512 |
| Net ST Capital Gain | $5,240 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $1,072,632 |
| Total Revenue | $1,289,708 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $75,908 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $7,281 |
| Depreciation | $809 |
| Occupancy | $1,351 |
| Travel, conferences, and meetings | $21,664 |
| Printing and publications | $0 |
| Other expenses | $199,644 |
| Total operating and administrative expenses | $357,894 |
| Contributions, gifts, grants paid | $5,649,663 |
| Total expenses and disbursements | $6,007,557 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| 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 | $0 |
| Total assets | $0 |
| 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, Eleos Foundation has awarded $5,649,663 in support to 15 organizations.
| Grant Recipient | Amount |
|---|---|
GLOBAL PARTNERSHIPS PURPOSE: TRANSFER OF ASSETS | $2,908,000 |
GLOBAL PARTNERSHIPS PURPOSE: TRANSFER OF ASSETS | $95,960 |
GLOBAL PARTNERSHIPS PURPOSE: TRANSFER OF ASSETS | $1,592,000 |
GLOBAL PARTNERSHIPS PURPOSE: TRANSFER OF ASSETS | $29,576 |
GLOBAL PARTNERSHIPS PURPOSE: TRANSFER OF ASSETS | $7,500 |
GLOBAL PARTNERSHIPS PURPOSE: TRANSFER OF ASSETS | $25,032 |