Elder Foundation
Elder Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in Richmond, IN. IRS filing data is available from 2021 through 2025. As of 2025, the organization holds $523K in total assets. In 2025, it awarded 8 grants totaling $29K. Net investment income was $13K.
Key facts about Elder Foundation
- EIN
- 35-1944291
- Latest 990 filing
- Form 990-PF, 2025
- Annual giving (2025)
- $29,400
- Grants made (2025)
- 8
- Average grant
- $3,675
- Median grant
- $3,000
- Total assets
- $523,390
- Primary geography
- Indiana (63% of itemized 2025 grant dollars)
Data from IRS Form 990-PF, 2025; updated September 2026.
Who Elder Foundation funds
By grant dollars, the top recipient states for Elder Foundation's 8 itemized 2025 grants were Indiana (63%) and Pennsylvania (29%). The most frequent recipient cities were Richmond, IN (3 grants). None of its 8 grants with a stated purpose were described as general or operating support. Recurring purposes include "Education" (5 grants).
How Elder Foundation gives
- Giving fell 56% from 2022 to 2025. Method
- In 2025 it paid out 85% of its IRS minimum distribution (the 5% rule). Foundations have until the end of the next year to meet it. Method
From the foundation's IRS Form 990-PF filings. Methodology.
Next steps with Elder Foundation
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Financial Overview
From 2025 IRS Form 990-PF · View filing
Total Assets
$523K
+27.7% YoY
Annual Giving
$29K
-57.7% YoY
Grant Count
8
+60.0% YoY
Avg Grant Size
$4K
-73.6% YoY
Under IRS private-foundation payout rules, Elder Foundation reported a distributable amount of $34K for 2025 — the minimum it must pay out in qualifying distributions.
About Elder Foundation
Based on IRS filings
Elder Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in Richmond, IN. IRS filing data is available from 2021 through 2025. As of 2025, the organization holds $523K in total assets. In 2025, it awarded 8 grants totaling $29K. Net investment income was $13K.
Focus Areas
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
Share of all 8 itemized 2025 grant dollars.
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2025 | 2024 | 2023 |
|---|---|---|---|
| Total Assets | $523,390 | $410,000 | $403,163 |
| Revenue | $152,941 | $80,221 | $88,553 |
| Expenses | $39,551 | $73,384 | $36,837 |
| Qualifying Distributions | $29,400 | $69,500 | $35,000 |
| Net Investment Income | $12,707 | $9,337 | $12,103 |
| Distributable Amount | $34,404 | $24,573 | $22,355 |
Data update history
When this profile's IRS filing data changed on Grantable
- IRS filings on file for fiscal years 2021–2025
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 8 recipients in 2025
Grant Size Distribution
31 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2025 grants, the largest recipients include Boys and Girls Club Richmond ($10,000), Swedenborg Foundation ($6,000), Girls Inc ($5,000).
| Recipient | Purpose | Amount |
|---|---|---|
| Boys and Girls Club Richmond Richmond, IN | Education | $10,000 |
| Swedenborg Foundation West Chester, PA | Religious | $6,000 |
| Girls Inc Richmond, IN | Education | $5,000 |
| Circle U Richmond, IN | Food Aid | $3,500 |
| New Church Live Bryn Athyn, PA | Religious | $2,500 |
| National Ovarian Cancer Coaltition Inc Dallas, TX | Education | $1,150 |
| Focus on the Family Colorado Springs, CO | Education | $1,000 |
| Be the Light Sigourney, IA | Education | $250 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
No officer or director reported compensation in the available filings.
From 2025 IRS filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| Alan Elder | Co Treasurer | — | — |
| Paul Elder | Sectretary | — | — |
| Jack Elder | Chairman | — | — |
| Julie Elder | Trustee | — | — |
| Arie Elder | Trustee | — | — |
| Rebecca Barry | Trustee | — | — |
| Chase Elder | Trustee | — | — |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is Elder Foundation?
Elder Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in Richmond, IN. It holds $523K in total assets as of 2025.
How large is Elder Foundation?
As of 2025, Elder Foundation holds $523K in total assets with $153K in annual revenue. It awarded 8 grants totaling $29K in 2025.
Where does Elder Foundation operate?
Elder Foundation has awarded grants in Colorado, Iowa, Indiana, Michigan, Pennsylvania, Texas.
What size grants does Elder Foundation award?
In 2025, Elder Foundation awarded 8 grants totaling $29K — an average of about $4K per grant, based on its IRS Form 990 filings.
How much is Elder Foundation required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2025, Elder Foundation reported a distributable amount of $34K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is Elder Foundation's EIN?
Elder Foundation's EIN (Employer Identification Number) is 35-1944291. IRS Form 990 filing data is available on this page for 2021–2025.
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Data last updated September 2026. Sourced from IRS Form 990-PF filings.