Elardi Foundation

Private foundation · Grantmaker Las Vegas, NV EIN: 20-1964787

Elardi Foundation is a private foundation based in Las Vegas, Nevada. Its 2024 grants included scholarship support for individual students and contributions to annual funds at Las Vegas schools.

Elardi Foundation at a glance

In short: Elardi Foundation gave $255K across 37 grants in 2024 (avg $7K), top state California. 28% of 2024 grantees were new. Source: 2024 IRS Form 990-PF.

Annual giving (2024)
$255,000
+10.9% vs 2023
Grants made (2024)
37
+12.1% vs 2023
Average grant
$6,892
-1.1% vs 2023
Median grant
$5,000
Total assets
$12,968,176
+0.0% vs 2023
New grantees (estimate)
28% first-time grantees (8 of 29, 2024)
Primary geography
California (31% of itemized 2024 grant dollars)
Latest 990 filing
Form 990-PF, 2024 View filing

Data from IRS Form 990-PF, 2024; updated October 2026. New grantees are estimated by matching recipient names across years (methodology).

How to apply to Elardi Foundation

Accepts unsolicited proposals
No
How to Apply

The foundation makes contributions only to preselected charitable organizations and does not accept unsolicited requests for funds.

Contact

Mailing address: 3411 Las Vegas Boulevard South, Las Vegas, NV 89109
Phone: (702) 650-4740

Application details from Grantable's research on the foundation's public materials; confirm on its website before applying.

Who Elardi Foundation funds

How this funder distributes its grants

Top Recipients

Top 10 recipients in 2024

Faith Lutheran: $20KFaith Lutheran$20KBishop Gorman: $20KBishop Gorman$20KTulane University: $15K across 3 grantsTulane University$15K · 3 grantsUniversity of Utah: $13K across 2 grantsUniversity of Utah$13K · 2 grantsUniversity of California San Diego: $13K across 2 grantsUniversity of California SanDiego$13K · 2 grantsUC Santa Barbara: $10K across 2 grantsUC Santa Barbara$10K · 2 grantsUniversity of Notre Dame: $10KUniversity of Notre Dame$10KUniversity of Calif Santa Cruz: $8KUniversity of Calif Santa Cruz$8KSouthern Methodist University: $8KSouthern Methodist University$8KUniversity of Denver: $8KUniversity of Denver$8K

The largest 2024 recipient was Faith Lutheran ($20K). Together the top 10 received $123K.

Organizations only. It also paid 4 individual scholarships ($22,500), which are not listed by name.

Grant Size Distribution

134 grants across all recorded years

133<$50K1$50–100K$100–250K$250–500K$500K–1M$1–5M$5M+

The most common grant size was under $50K: 133 grants of 134 (99%).

Geographic Focus

Where this funder awards grants

In 2024, the largest shares of grant dollars went to recipients in California (31%) and Nevada (20%), followed by Colorado (9%), Texas (6%), and Louisiana (6%).

Grant Distribution by State

25states

Share of 2024 grant dollars across all 37 itemized grants.

Cities

Las VegasLa JollaNashvilleSanta BarbaraNew OrleansRenoTuscaloosaDallasPomonaTempeChicagoFort WorthNew YorkSacramentoSalt Lake CityAthensBostonChapel HillChestnut HillColumbia

Is Elardi Foundation open to new grantees?

28%

first-time grantees, 2024

In 2024, 8 of 29 grantees (28%) were first-time recipients. First grants averaged $6K; repeat grants $10K. How we count

Medians: $5K first-time, $8K repeat.

  • 66% of 2024 grantees were also funded in 2023. Method
  • Giving grew 38% from 2021 to 2024. Method
  • In 2024 it paid out 195% of its IRS minimum distribution (the 5% rule). Method

Estimate from itemized grant lists in IRS Form 990-PF filings (2020–2024). Recipient names are matched across years, so a renamed or misspelled grantee can look new; grants to individuals are left out. Methodology.

Giving History

Giving Over Time

Total grant dollars and number of grants per year

$0$100K$200K$300K18 grants2020 28 grants2021 18 grants2022 33 grants2023 37 grants2024

From 2020 to 2024, annual grant giving ranged from $135K (2020) to $255K (2024). In 2024 it made 37 grants totaling $255K.

Grants by year

Grant recipients and amounts by year

RecipientPurposeAmount
Faith Lutheran Las Vegas, NVDonation to Annual Fund$20,000
Bishop Gorman Las Vegas, NVDonation to Annual Fund$20,000
University of Notre Dame Notre Dame, INScholarship for Jaylen Choi$10,000
University of Calif Santa Cruz Santa Cruz, CAScholarship for Kaden Kavnaugh$7,500
Southern Methodist University Dallas, TXScholarship for Christian Moyano$7,500
University of Denver Denver, COScholarship for Marissa Martinez$7,500
Creighton University Omaha, NEScholarship for Logan Olson$7,500
University of Georgia Athens, GAScholarship for Avery Oldalowski$7,500
Harvard University Cambridge, MAScholarship for Sarah Park$7,500
New York University New York, NYScholarship for Francesca Lee Disanto$7,500
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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
2024$12,968,176$267,676$260,116$255,00037$260,116$267,676$133,180
2023$12,963,710$248,609$232,000$230,00033$232,000$208,609$133,460
2022$12,954,601$202,747$181,726$172,50018$181,700$202,747$132,709
2021$12,928,580$188,162$185,720$185,00028$185,115$188,162$118,254
2020$12,926,138$192,581$136,870$135,00018—$192,581$118,137

Under IRS private-foundation payout rules, Elardi Foundation reported a distributable amount of $133K for 2024 — the minimum it must pay out in qualifying distributions.

Research compiled by Grantable AI from public sources. Last updated September 2026.

Mission & Focus Areas

No mission statement for the foundation is provided. Its 2024 grants show support for higher education, including named student scholarships, as well as annual funds at Faith Lutheran and Bishop Gorman.

The grantees describe their own missions in educational terms. For example, the University of Denver says it promotes learning through scholarly inquiry and the generation of knowledge. New York University describes its primary missions as education, research and scholarship, and patient care. These are grantee statements, not statements of the foundation’s mission.

Grantmaking

In 2024, the foundation made 37 grants totaling $255,000. Grant amounts ranged from $5,000 to $20,000, with a median of $5,000. The largest listed grants were $20,000 each to Faith Lutheran and Bishop Gorman in Las Vegas, both for donations to annual funds. Other grants included $10,000 to the University of Notre Dame for a scholarship for Jaylen Choi, and $7,500 each to several universities for named student scholarships, including the University of California, Santa Cruz; Southern Methodist University; the University of Denver; and Creighton University.

Leadership & Key People

Leadership team and compensation from IRS filings

The 2024 filing lists Thomas Elardi as Secretary-Treasurer.

Elardi Foundation's only listed officer is Thomas Elardi, Secretarytreasurer since 2021 (on filings since 2020) (uncompensated).

Officers on the 2024 filing

  • Thomas Elardi

    Secretarytreasurer

    Secretary → Secretarytreasurer, 2021

    On filings since 2020

    0.5 hrs/week

    No compensation reported

Former officers (1)
  • Former: Margaret Elardi (2020) — President

Data from IRS Form 990 filings, 2020–2024. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.

Frequently asked questions about Elardi Foundation

How much does Elardi Foundation give each year?

Elardi Foundation gave $255K across 37 grants in 2024, according to its 2024 IRS Form 990-PF. In 2023 it gave $230K across 33 grants.

What is Elardi Foundation's typical grant size?

Elardi Foundation's median grant in 2024 was $5,000, and its average grant was $6,892, across 37 grants on its 2024 IRS Form 990-PF. Organizations receiving their first grant from Elardi Foundation that year got $6K on average.

Where does Elardi Foundation give grants?

Elardi Foundation's top state is California, with 31% of the grant dollars itemized on its 2024 IRS Form 990-PF. The next largest states were Nevada (20%) and Colorado (9%). The most frequent recipient cities were Las Vegas, NV (3 grants), Santa Barbara, CA (3 grants), New Orleans, LA (3 grants) and Salt Lake City, UT (2 grants).

Does Elardi Foundation give general operating support?

Occasionally: 5% of Elardi Foundation's 2024 grants with a stated purpose (2 of 37) were for general or operating support, per its 2024 IRS Form 990-PF.

Who are Elardi Foundation's largest grantees?

Elardi Foundation's largest 2024 grantees include Faith Lutheran ($20,000), Bishop Gorman ($20,000) and Tulane University ($15,000 across 3 grants), according to its 2024 IRS Form 990-PF. It also paid 4 individual scholarships ($22,500), which are not listed by name. Together they received 22% of its itemized 2024 grant dollars.

How large is Elardi Foundation?

Elardi Foundation reported $13.0M in total assets on its 2024 IRS Form 990-PF. It paid out $260K in qualifying distributions that year, against a required minimum of $133K (roughly 5% of its investment assets).

What does Elardi Foundation fund?

No mission statement for the foundation is provided. Its 2024 grants show support for higher education, including named student scholarships, as well as annual funds at Faith Lutheran and Bishop Gorman. See mission & focus areas ↑

How do I apply for a grant from Elardi Foundation?

The foundation makes contributions only to preselected charitable organizations and does not accept unsolicited requests for funds. Eligibility and process details are in the grantmaking section of this profile. See how to apply ↑

What is Elardi Foundation's EIN?

Elardi Foundation's EIN (Employer Identification Number) is 20-1964787. IRS Form 990 filing data is available on this page for 2020–2024.

Does Elardi Foundation accept unsolicited proposals?

No, according to Grantable's research on the foundation's published guidelines. See how to apply ↑

Data last updated October 2026. Sourced from IRS Form 990-PF filings. Research dossier generated September 2026.

Data update history

(1)

When this profile's IRS filing data changed on Grantable

  1. IRS filings on file for fiscal years 2020–2024

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Cite this profile

Grantable. (2026). Elardi Foundation funder profile. GrantGraph. Retrieved October 11, 2026, from https://grantable.co/funders/elardi-foundation-morg_951743e5beff49ac92fa3065bcd8289c

BibTeX
@misc{grantable_201964787_2026,
  author       = {{Grantable}},
  title        = {{Elardi Foundation funder profile}},
  howpublished = {GrantGraph},
  year         = {2026},
  url          = {https://grantable.co/funders/elardi-foundation-morg_951743e5beff49ac92fa3065bcd8289c},
  note         = {Accessed 2026-10-11. Data licensed CC BY 4.0}
}

The figures on this page are open data under CC BY 4.0: reuse them with credit to Grantable and a link. Download the data.

Figures come from Elardi Foundation'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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