Egw Foundation Inc

Foundation · Grantmaker Tampa, FL EIN: 20-4662760

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

2states

Share of all 3 itemized 2021 grant dollars.

States

Cities

BrandonCincinnatiLakeland

Giving Over Time

Total grant dollars and number of grants per year

$0$5M$10M$15M2 grants20203 grants2021

Grant Insights

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

Grant Size Distribution

5 grants across all recorded years

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

Giving History

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

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$5M$10M$15M20202021
Metric20212020
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

  1. 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

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

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.

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