David W Elliott Memorial Foundation

Foundation · Grantmaker Clarkston, MI EIN: 47-4852317

David W Elliott Memorial Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in Clarkston, MI. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $2.8M in total assets. In 2024, it awarded 1 grant totaling $280K. Net investment income was $149K.

Key facts about David W Elliott Memorial Foundation

EIN: 47-4852317
Latest 990 filing: Form 990-PF, 2024
Annual giving (2024): $280,000
Grants made (2024): 1
Average grant: $280,000
Median grant: $280,000
Total assets: $2,777,277
Primary geography: Florida (100% of itemized 2024 grant dollars)

Data from IRS Form 990-PF, 2024; updated April 2026.

How David W Elliott Memorial Foundation gives

Giving held roughly steady from 2021 to 2024 (+17%). Method
In 2024 it paid out 86% of its IRS minimum distribution (the 5% rule). Foundations have until the end of the next year to meet it. Method

From the foundation's IRS Form 990-PF filings. Methodology.

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Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$2.8M

-4.7% YoY

Annual Giving

$280K

-3.4% YoY

Grant Count

+0.0% YoY

Avg Grant Size

$280K

-3.4% YoY

Under IRS private-foundation payout rules, David W Elliott Memorial Foundation reported a distributable amount of $326K for 2024 — the minimum it must pay out in qualifying distributions.

About David W Elliott Memorial Foundation

Based on IRS filings

Focus Areas

Philanthropy, Voluntarism & Grantmaking

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

Florida $280K (100%)

Share of all 1 itemized 2024 grant dollars.

States

Florida Iowa Michigan

Cities

OrlandoGrand BlancBooneFlintGrosse Pointe ParkNovi

Financial History

Multi-year comparison from IRS filings

Revenue

Expenses

Qualifying Distributions

Net Investment Income

Metric	2024	2023	2022
Total Assets	$2,777,277	$2,914,201	$3,013,225
Revenue	$215,659	$253,698	$90,161
Expenses	$352,585	$352,716	$367,029
Qualifying Distributions	$281,062	$292,491	$303,062
Net Investment Income	$148,587	$193,973	$70,246
Distributable Amount	$325,925	$280,449	$294,699

Data update history

When this profile's IRS filing data changed on Grantable

February 28, 2026 IRS filings on file for fiscal years 2020–2024

Giving Over Time

Total grant dollars and number of grants per year

Grant Insights

How this funder distributes its grants

Top Recipients

Top 1 recipients in 2024

Grant Size Distribution

11 grants across all recorded years

Giving History

Grant recipients and amounts by year

Among its reported 2024 grants, the largest recipients include Schwab Charitable Fund ($280,000).

Recipient	Purpose	Amount
SCHWAB CHARITABLE FUND Orlando, FL	GENERAL OPERATING SUPPORT	$280,000

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

No officer or director reported compensation in the available filings.

From 2024 IRS filing

Name	Title	Hours	Compensation
Henry S Woloson	President/Director	5	—
Thaddeus J Kedzierski	Vice President/Director	1	—
Kenneth a Batterbee	Vice President/Director	1	—
Cheryl a Gambaro	Secretary/Treasurer/Director	1	—

Subject Areas

Focus areas based on grantmaking activity

Philanthropy, Voluntarism & Grantmaking

Frequently Asked Questions

What is David W Elliott Memorial Foundation?

David W Elliott Memorial Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in Clarkston, MI. It holds $2.8M in total assets as of 2024.

How large is David W Elliott Memorial Foundation?

As of 2024, David W Elliott Memorial Foundation holds $2.8M in total assets with $216K in annual revenue. It awarded 1 grant totaling $280K in 2024.

Where does David W Elliott Memorial Foundation operate?

David W Elliott Memorial Foundation has awarded grants in Florida, Iowa, Michigan.

What size grants does David W Elliott Memorial Foundation award?

In 2024, David W Elliott Memorial Foundation awarded 1 grant totaling $280K — an average of about $280K per grant, based on its IRS Form 990 filings.

How much is David W Elliott Memorial Foundation required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2024, David W Elliott Memorial Foundation reported a distributable amount of $326K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.

What is David W Elliott Memorial Foundation's EIN?

David W Elliott Memorial Foundation's EIN (Employer Identification Number) is 47-4852317. IRS Form 990 filing data is available on this page for 2020–2024.