Baisley Powell Elebash Fund Xxxxx5009
The Baisley Powell Elebash Fund XXXXX5009 is a private foundation based in Chicago, Illinois. It operates as an independent 501(c)(3) organization established in 1997 in New York before relocating to Chicago.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$89K
+1.4% YoY
Revenue
$8K
-62.9% YoY
Qualifying Distributions
$6K
+2391.6% YoY
Expenses
$7K
+1921.1% YoY
Mission & Focus Areas
The fund gives primarily for music and health care for low-income adults. Its grantmaking focuses on philanthropy, voluntarism and grantmaking, human services, and arts, culture and humanities.
Grantmaking
The foundation has made significant grants to music organizations. Notable recent grants include:
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Geographic Focus
Where this funder awards grants
The foundation funds organizations nationally, with documented grants to organizations in New York and support for programs at institutions including the CUNY Graduate Center.
Grant Distribution by State
Cities
Financial History
Multi-year comparison from IRS filings
Based on the most recent available financial data:
- Total Assets: $88,200–$89,402
- Total Giving: $0 (most recent filing)
- Revenue: $22,900
The foundation's assets remain modest, with recent filings showing minimal current grant activity.
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $89,402 | $88,188 | $65,679 |
| Revenue | $8,490 | $22,875 | $333,173 |
| Expenses | $7,276 | $360 | $3,804,044 |
| Qualifying Distributions | $5,631 | $226 | $3,755,562 |
| Net Investment Income | $3,031 | $13,951 | $302,264 |
| Distributable Amount | $4,392 | $3,642 | $132,051 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 0 recipients in 2024
Grant Size Distribution
50 grants across all recorded years
Giving History
Grant recipients and amounts by year
No grants recorded for .
Leadership & Key People
Leadership team and compensation from IRS filings
JP Morgan Chase Bank N.A. serves as trustee of the fund.
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| JP MORGAN CHASE BANK N A | TRUSTEE | 13 | — |
Recent News & Activity
Recent developments and announcements
The fund has supported music education and performance initiatives, including an endowment for a global music program at the CUNY Graduate Center and grants to jazz performance organizations.
$1 Million Gift From Baisley Powell Elebash Fund Endows Global Music ProgramSubject Areas
Focus areas based on grantmaking activity
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Data last updated April 2026. Sourced from IRS Form 990-PF filings. Research dossier generated April 2026.
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