Charles and Marlys Elliott Foundation
Charles and Marlys Elliott Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in ROCHESTER, MN. IRS filing data is available from 2021 through 2024. As of 2024, the organization holds $4.5M in total assets. In 2024, it awarded 4 grants totaling $120K. Net investment income was $552K.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$4.5M
+64.8% YoY
Annual Giving
$120K
+20.0% YoY
Grant Count
4
+0.0% YoY
Avg Grant Size
$30K
+20.0% YoY
Under IRS private-foundation payout rules, Charles and Marlys Elliott Foundation reported a distributable amount of $158K for 2024 — the minimum it must pay out in qualifying distributions.
About Charles and Marlys Elliott Foundation
Based on IRS filings
Charles and Marlys Elliott Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in ROCHESTER, MN. IRS filing data is available from 2021 through 2024. As of 2024, the organization holds $4.5M in total assets. In 2024, it awarded 4 grants totaling $120K. Net investment income was $552K.
Focus Areas
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
States
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $4,491,658 | $2,726,254 | $2,747,087 |
| Revenue | $2,157,242 | $322,383 | $1,516,848 |
| Expenses | $391,838 | $343,216 | $132,813 |
| Qualifying Distributions | $129,957 | $102,337 | $19,613 |
| Net Investment Income | $551,949 | $45,934 | $1,499,313 |
| Distributable Amount | $157,758 | $120,753 | $106,885 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 4 recipients in 2024
Grant Size Distribution
9 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include Mayo Clinic ($75,000), Seasons Hospice ($20,000), Ronald Mcdonald House Charities Midwest ($15,000).
| Recipient | Purpose | Amount |
|---|---|---|
| MAYO CLINIC ROCHESTER, MN | GENERAL SUPPORT | $75,000 |
| QUARRY HILL NATURE CENTER ROCHESTER, MN | GENERAL SUPPORT | $10,000 |
| RONALD MCDONALD HOUSE CHARITIES MIDWEST ROCHESTER, MN | GENERAL SUPPORT | $15,000 |
| SEASONS HOSPICE ROCHESTER, MN | CENTER FOR GRIEF EDUCATION AND SUPPORT | $20,000 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| LORI M GENGLER | DIRECTOR | 0.85 | — |
| CHARLES A ELLIOTT | PRESIDENT & DIRECTOR | 2.65 | — |
| MARLYS M ELLIOTT | VICE PRESIDENT & DIRECTOR | 2.65 | — |
| GREGG A ELLIOTT | DIRECTOR | 0.85 | — |
| CHARLES J ELLIOTT | DIRECTOR | 0.85 | — |
| PEGGY A ELLIOTT | EXECUTIVE DIRECTOR | 40 | $177,613 |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is Charles and Marlys Elliott Foundation?
Charles and Marlys Elliott Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in ROCHESTER, MN. It holds $4.5M in total assets as of 2024.
How large is Charles and Marlys Elliott Foundation?
As of 2024, Charles and Marlys Elliott Foundation holds $4.5M in total assets with $2.2M in annual revenue. It awarded 4 grants totaling $120K in 2024.
Where does Charles and Marlys Elliott Foundation operate?
Charles and Marlys Elliott Foundation has awarded grants in Minnesota.
What size grants does Charles and Marlys Elliott Foundation award?
In 2024, Charles and Marlys Elliott Foundation awarded 4 grants totaling $120K — an average of about $30K per grant, based on its IRS Form 990 filings.
How much is Charles and Marlys Elliott Foundation required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, Charles and Marlys Elliott Foundation reported a distributable amount of $158K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is Charles and Marlys Elliott Foundation's EIN?
Charles and Marlys Elliott Foundation's EIN (Employer Identification Number) is 87-3958643. IRS Form 990 filing data is available on this page for 2021–2024.
Explore Open Grants
Browse active grant opportunities in Charles and Marlys Elliott Foundation's focus areas in our free grants database
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.
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