EGW Foundation Inc

Private foundation · Grantmaker Tampa, FL EIN: 20-4662760

EGW Foundation Inc is a private foundation, 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.

EGW Foundation Inc at a glance

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.

Annual giving (2021)
$11,337,330
+3557.2% vs 2020
Grants made (2021)
3
+50.0% vs 2020
Average grant
$3,779,110
+2338.1% vs 2020
Median grant
$600,000
Primary geography
Ohio (92% of itemized 2021 grant dollars)
Latest 990 filing
Form 990-PF, 2021 View filing

Data from IRS Form 990-PF, 2021; updated September 2026.

Who EGW Foundation Inc funds

How this funder distributes its grants

Top Recipients

Top 3 recipients in 2021

Fidelity Charitable: $10.4MFidelity Charitable$10.4MSoutheastern University: $600KSoutheastern University$600KArise Church: $335KArise Church$335K

The largest 2021 recipient was Fidelity Charitable ($10.4M). Together the top 3 received $11.3M.

Grant Size Distribution

5 grants across all recorded years

1<$50K$50–100K$100–250K2$250–500K1$500K–1M$1–5M1$5M+

The most common grant size was in the $250–500K range: 2 grants of 5 (40%).

Geographic Focus

Where this funder awards grants

Grant Distribution by State

2states

Share of 2021 grant dollars across all 3 itemized grants.

States

Cities

BrandonCincinnatiLakeland

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.

Giving History

Giving Over Time

Total grant dollars and number of grants per year

$0$5M$10M$15M2 grants2020 3 grants2021

From 2020 to 2021, annual grant giving ranged from $310K (2020) to $11.3M (2021). In 2021 it made 3 grants totaling $11.3M.

Grants by year

Grant recipients and amounts by year

RecipientPurposeAmount
Fidelity Charitable Cincinnati, OHPhilanthropical$10,402,330
Southeastern University Lakeland, FLEducational$600,000
Arise Church Brandon, FLReligious$335,000
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Financial History

Multi-year comparison from IRS filings

Figures from IRS filings, by filing year
Filing yearTotal AssetsRevenueExpensesGrants paidGrantsQualifying DistributionsNet Investment IncomeDistributable Amount
2021—$6,091,142$11,418,514$11,337,3303$11,337,330$6,046,296$156,296
2020$5,416,656$119,922$400,686$310,0002—$79,282$309,501

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.

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

Lisa M McNicholas — Pres/Secty: $8KLisa M McNicholasPres/Secty$8KDennis T McNicholas — VP/Treas: $8KDennis T McNicholasVP/Treas$8K

The highest reported compensation on the 2021 filing was $8K, to Lisa M McNicholas (Pres/Secty). 2 officers or directors reported compensation on that 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.

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.

Data update history

(1)

When this profile's IRS filing data changed on Grantable

  1. IRS filings on file for fiscal years 2020–2021

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The filing figures on this page are open data under CC BY 4.0. About GrantGraph Open

Figures come from EGW Foundation Inc's IRS filings (methodology). AI-written summaries, news items and logos are not covered by the open licence. Spot an error? Email hello@grantable.co.

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