Elder Foundation
Elder Foundation is a private foundation, 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.
Elder Foundation at a glance
In short: Elder Foundation gave $29K across 8 grants in 2025 (avg $4K), mostly in Indiana. Source: 2025 IRS Form 990-PF.
- Annual giving (2025)
- $29,400
- -57.7% vs 2024
- Grants made (2025)
- 8
- +60.0% vs 2024
- Average grant
- $3,675
- -73.6% vs 2024
- Median grant
- $3,000
- Total assets
- $523,390
- +27.7% vs 2024
- Primary geography
- Indiana (63% of itemized 2025 grant dollars)
- Latest 990 filing
- Form 990-PF, 2025 View filing
Data from IRS Form 990-PF, 2025; updated September 2026.
Who Elder Foundation funds
How this funder distributes its grants
Top Recipients
Top 8 recipients in 2025
The largest 2025 recipient was Boys and Girls Club Richmond ($10K). Together the top 8 received $29K.
Grant Size Distribution
31 grants across all recorded years
The most common grant size was under $50K: 30 grants of 31 (97%).
Geographic Focus
Where this funder awards grants
Grant Distribution by State
Share of 2025 grant dollars across all 8 itemized grants.
Cities
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.
Giving History
Giving Over Time
Total grant dollars and number of grants per year
From 2021 to 2025, annual grant giving ranged from $10K (2021) to $70K (2024). In 2025 it made 8 grants totaling $29K.
Grants by year
Grant recipients and amounts by year
| 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 |
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Financial History
Multi-year comparison from IRS filings
| Filing year | Total Assets | Revenue | Expenses | Grants paid | Grants | Qualifying Distributions | Net Investment Income | Distributable Amount |
|---|---|---|---|---|---|---|---|---|
| 2025 | $523,390 | $152,941 | $39,551 | $29,400 | 8 | $29,400 | $12,707 | $34,404 |
| 2024 | $410,000 | $80,221 | $73,384 | $69,500 | 5 | $69,500 | $9,337 | $24,573 |
| 2023 | $403,163 | $88,553 | $36,837 | $35,000 | 8 | $35,000 | $12,103 | $22,355 |
| 2022 | $351,447 | $57,457 | $70,579 | $66,500 | 9 | $66,500 | $4,094 | $23,089 |
| 2021 | $364,569 | $66,597 | $10,925 | $10,000 | 1 | — | $7,089 | $22,853 |
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.
Leadership & Key People
Officers and directors from IRS filings
Elder Foundation is led by Jack Elder, Chairman on every filing since 2021; none of the 7 officers listed in 2025 report compensation.
Officers on the 2025 filing
Jack Elder
Chairman
On filings since 2021
No compensation reported
Arie Elder
Trustee
On filings since 2021
No compensation reported
Julie Elder
Trustee
On filings since 2021
No compensation reported
Rebecca Barry
Trustee
On filings since 2021
No compensation reported
Chase Elder
Trustee
On filings since 2022
No compensation reported
Alan Elder
Co Treasurer
On filings since 2021
No compensation reported
Paul Elder
Sectretary
On filings since 2021
No compensation reported
Former officers (1)
- Former: Anjuli Carter (2021) — Trustee
Data from IRS Form 990 filings, 2021–2025. "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 Elder Foundation
How much does Elder Foundation give each year?
Elder Foundation gave $29K across 8 grants in 2025, according to its 2025 IRS Form 990-PF. In 2024 it gave $70K across 5 grants.
What is Elder Foundation's typical grant size?
Elder Foundation's median grant in 2025 was $3,000, and its average grant was $3,675, across 8 grants on its 2025 IRS Form 990-PF.
Where does Elder Foundation give grants?
Elder Foundation gives mostly in Indiana: 63% of the grant dollars itemized on its 2025 IRS Form 990-PF went to recipients there. The next largest state was Pennsylvania (29%). The most frequent recipient cities were Richmond, IN (3 grants).
Does Elder Foundation give general operating support?
Not in 2025: none of the 8 grants with a stated purpose on Elder Foundation's 2025 IRS Form 990-PF were described as general or operating support. Recurring purposes include "Education" (5 grants).
Who are Elder Foundation's largest grantees?
Elder Foundation's largest 2025 grantees include Boys and Girls Club Richmond ($10,000), Swedenborg Foundation ($6,000) and Girls Inc ($5,000), according to its 2025 IRS Form 990-PF. Together they received 71% of its itemized 2025 grant dollars.
How large is Elder Foundation?
Elder Foundation reported $523K in total assets on its 2025 IRS Form 990-PF. It paid out $29K in qualifying distributions that year, against a required minimum of $34K (roughly 5% of its investment assets). Falling short in one year is not a violation: foundations have until the end of the next year to meet the minimum.
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.
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
- IRS filings on file for fiscal years 2021–2025
Live grants for the work Elder Foundation funds
Philanthropy, Voluntarism & Grantmaking Open opportunities, soonest deadline first.
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