Egw Foundation Inc
Egw Foundation Inc is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in Tampa, FL. IRS filing data is available from 2020 through 2021. In 2021, it awarded 3 grants totaling $11.3M. Net investment income was $6.0M.
Key facts about Egw Foundation Inc
In short: Egw Foundation Inc gave $11.3M across 3 grants in 2021 (avg $3.8M), mostly in Ohio. Source: 2021 IRS Form 990-PF.
- EIN
- 20-4662760
- Latest 990 filing
- Form 990-PF, 2021
- Annual giving (2021)
- $11,337,330
- Grants made (2021)
- 3
- Average grant
- $3,779,110
- Median grant
- $600,000
- Primary geography
- Ohio (92% of itemized 2021 grant dollars)
Data from IRS Form 990-PF, 2021; updated September 2026.
Financial Overview
From 2021 IRS Form 990-PF · View filing
Total Assets
—
-100.0% YoY
Annual Giving
$11.3M
+3557.2% YoY
Grant Count
3
+50.0% YoY
Avg Grant Size
$3.8M
+2338.1% YoY
Under IRS private-foundation payout rules, Egw Foundation Inc reported a distributable amount of $156K for 2021 — the minimum it must pay out in qualifying distributions.
How Egw Foundation Inc gives
- In 2021 it paid out well above its IRS minimum distribution (the 5% rule). Method
From the foundation's IRS Form 990-PF filings. Methodology.
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
Share of all 3 itemized 2021 grant dollars.
Cities
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 3 recipients in 2021
Grant Size Distribution
5 grants across all recorded years
Giving History
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| FIDELITY CHARITABLE Cincinnati, OH | PHILANTHROPICAL | $10,402,330 |
| SOUTHEASTERN UNIVERSITY Lakeland, FL | EDUCATIONAL | $600,000 |
| ARISE CHURCH Brandon, FL | RELIGIOUS | $335,000 |
Financial History
Multi-year comparison from IRS filings
| Metric | 2021 | 2020 |
|---|---|---|
| Total Assets | — | $5,416,656 |
| Revenue | $6,091,142 | $119,922 |
| Expenses | $11,418,514 | $400,686 |
| Qualifying Distributions | $11,337,330 | — |
| Net Investment Income | $6,046,296 | $79,282 |
| Distributable Amount | $156,296 | $309,501 |
Data update history
When this profile's IRS filing data changed on Grantable
- IRS filings on file for fiscal years 2020–2021
Leadership & Key People
Officers and directors from IRS filings
Egw Foundation Inc is led by Lisa M. McNicholas, President & Secretary on every filing since 2020; 2 of 3 officers listed in 2021 are compensated.
Officers on the 2021 filing
Lisa M. McNicholas
President & Secretary
On filings since 2020
10 hrs/week
$10K (2020) → $8K (2021)
Nylah J. Thompson
Director
On filings since 2020
10 hrs/week
No compensation reported
Dennis T. McNicholas
Vice President & Treasurer
On filings since 2020
10 hrs/week
$10K (2020) → $8K (2021)
Data from IRS Form 990 filings, 2020–2021. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.
Compensation Overview
From 2021 IRS filing
Frequently asked questions about Egw Foundation Inc
How much does Egw Foundation Inc give each year?
Egw Foundation Inc gave $11.3M across 3 grants in 2021, according to its 2021 IRS Form 990-PF. In 2020 it gave $310K across 2 grants.
What is Egw Foundation Inc's typical grant size?
Egw Foundation Inc's median grant in 2021 was $600,000, and its average grant was $3,779,110, across 3 grants on its 2021 IRS Form 990-PF.
Where does Egw Foundation Inc give grants?
Egw Foundation Inc gives mostly in Ohio: 92% of the grant dollars itemized on its 2021 IRS Form 990-PF went to recipients there. The next largest state was Florida (8%).
Does Egw Foundation Inc give general operating support?
Not in 2021: none of the 3 grants with a stated purpose on Egw Foundation Inc's 2021 IRS Form 990-PF were described as general or operating support.
What is Egw Foundation Inc?
Egw Foundation Inc is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in Tampa, FL. It holds — in total assets as of 2021.
How much is Egw Foundation Inc required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2021, Egw Foundation Inc reported a distributable amount of $156K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is Egw Foundation Inc's EIN?
Egw Foundation Inc's EIN (Employer Identification Number) is 20-4662760. IRS Form 990 filing data is available on this page for 2020–2021.
Data last updated September 2026. Sourced from IRS Form 990-PF filings.
Here's the math on researching Egw Foundation Inc by hand.
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