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Elea Institute

CHICAGO, IL EIN: 36-3305643 Website

Elea Institute leads national efforts to expand access to high-quality hospice and palliative care. We support patients, caregivers, and health care providers through research, educational resources, grants and other wide-ranging initiatives."

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$134.3M

+6.7% YoY

Annual Giving

$1.6M

+158.7% YoY

Grant Count

7

-12.5% YoY

Avg Grant Size

$230K

+195.7% YoY

About Elea Institute

Based on IRS filings

Elea Institute is a nonprofit organization focused on Human Services, based in CHICAGO, IL. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $134.3M in total assets. In 2024, it awarded 7 grants totaling $1.6M. Net investment income was $4.1M.

Focus Areas

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

2states

Cities

HinsdaleJolietMaywoodOakbrook TerraceOregonRockfordSchaumburgTinley ParkWashington Dc

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$22M$44M$66M$89M20202021202220232024
Metric202420232022
Total Assets$134,286,836$125,854,199$132,107,047
Revenue$3,341,967$3,940,435$80,549,075
Expenses$3,399,198$2,065,111$4,635,081
Qualifying Distributions
Net Investment Income$4,068,430$3,950,948$67,844,726
Distributable Amount

Giving Over Time

Total grant dollars and number of grants per year

$0$403K$806K$1M$2M0 grants20200 grants20210 grants20228 grants20237 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 7 recipients in 2024

Joliet Area Community Ho…$628KThe Coalition to Transfo…$418KNational Partnership for…$290KHome Centered Care Insti…$146KIllinois Hospice & Palli…$57KLoyola University Medica…$48KSerenity Hospice and Hom…$25K

Grant Size Distribution

15 grants across all recorded years

4<$50K6$50–100K2$100–250K2$250–500K1$500K–1M$1–5M$5M+

Open Grants

2 open opportunities from Elea Institute

Giving History

Grant recipients and amounts by year

No grants recorded for .

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

CANDYCE MAYERCFO/COO$246K

From 2024 filing

NameTitleHoursCompensation
CANDYCE MAYERCFO/COO40$246,125
KENT MATHYCHAIR/PRESIDENT3
MEAD MONTGOMERYTREASURER1
JULIA CORMIERSECRETARY1
JEFF BOUNDYBOARD1
KELLY CONROY KENNEYBOARD1

Subject Areas

Focus areas based on grantmaking activity

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

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