Elder Family Foundation

SWARTHMORE, PA EIN: 51-0426160

Elder Family Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in SWARTHMORE, PA. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $1.5M in total assets. In 2024, it awarded 12 grants totaling $85K. Net investment income was $173K.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$1.5M

+6.8% YoY

Annual Giving

$85K

+21.4% YoY

Grant Count

12

+20.0% YoY

Avg Grant Size

$7K

+1.2% YoY

Under IRS private-foundation payout rules, Elder Family Foundation reported a distributable amount of $92K for 2024 — the minimum it must pay out in qualifying distributions.

About Elder Family Foundation

Based on IRS filings

Elder Family Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in SWARTHMORE, PA. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $1.5M in total assets. In 2024, it awarded 12 grants totaling $85K. Net investment income was $173K.

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

8states

Cities

BostonCenter ValleyChicagoDenverMinneapolisMontgomeryNew HavenNew YorkPhiladelphiaRosemontSwarthmoreWest Chester

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$52K$104K$155K$207K20202021202220232024
Metric202420232022
Total Assets$1,471,675$1,378,609$1,335,519
Revenue$188,242$127,140$92,218
Expenses$100,365$83,462$88,961
Qualifying Distributions$100,365$83,462$88,961
Net Investment Income$172,877$113,678$77,905
Distributable Amount$92,037$81,235$81,771

Giving Over Time

Total grant dollars and number of grants per year

$0$21K$43K$64K$85K5 grants202012 grants202111 grants202210 grants202312 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 10 recipients in 2024

Communities in Schools o…$10KYale School of Medicine$10KThe Fund for Penn Medicine$10KNorthwestern Memorial Fo…$10KWesttown School$10KSo Others May Learn$5KThe Agnes Irwin School$5KABC Strath Haven Inc$5KPennsylvania Shakespeare…$5KQuintessence Theater Group$5K

Grant Size Distribution

50 grants across all recorded years

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

Giving History

Grant recipients and amounts by year

Among its reported 2024 grants, the largest include Communities in Schools of Chicago ($10,000), Yale School of Medicine ($10,000), The Fund for Penn Medicine ($10,000).

RecipientPurposeAmount
So Others May Learn Minneapolis, MNGeneral Operations$5,000
Communities in Schools of Chicago Chicago, ILGeneral Operations$10,000
Yale School of Medicine New Haven, CTGeneral Operations$10,000
The Fund for Penn Medicine Philadelphia, PAGeneral Operations$10,000
The Agnes Irwin School Rosemont, PAGeneral Operations$5,000
Northwestern Memorial Foundation Chicago, ILGeneral Operations$10,000
ABC Strath Haven Inc Swarthmore, PAGeneral Operations$5,000
Pennsylvania Shakespeare Festival Center Valley, PAGeneral Operations$5,000
Quintessence Theater Group Philadelphia, PAGeneral Operations$5,000
Lantern Theater Company Philadelphia, PAGeneral Operations$5,000

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

From 2024 filing

NameTitleHoursCompensation
Elizabeth MentzingerTrustee5
Richard Mentzinger JrTrustee5

Subject Areas

Focus areas based on grantmaking activity

Frequently Asked Questions

What is Elder Family Foundation?

Elder Family Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in SWARTHMORE, PA. It holds $1.5M in total assets as of 2024.

How large is Elder Family Foundation?

As of 2024, Elder Family Foundation holds $1.5M in total assets with $188K in annual revenue. It awarded 12 grants totaling $85K in 2024.

Where does Elder Family Foundation operate?

Elder Family Foundation has awarded grants in Alabama, Colorado, Connecticut, Illinois, Massachusetts, Minnesota, New York, Pennsylvania.

What size grants does Elder Family Foundation award?

In 2024, Elder Family Foundation awarded 12 grants totaling $85K — an average of about $7K per grant, based on its IRS Form 990 filings.

How much is Elder Family Foundation required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2024, Elder Family Foundation reported a distributable amount of $92K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.

What is Elder Family Foundation's EIN?

Elder Family Foundation's EIN (Employer Identification Number) is 51-0426160. IRS Form 990 filing data is available on this page for 2020–2024.

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Data last updated April 2026. Sourced from IRS Form 990-PF filings.

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