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Elea Institute

Public charity · Grantmaker 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."

Key facts about Elea Institute

In short: Elea Institute gave $1.6M across 7 grants in 2024 (avg $230K), mostly in Illinois. Source: 2024 IRS Form 990.

EIN
36-3305643
Latest 990 filing
Form 990, 2024
Annual giving (2024)
$1,611,000
Grants made (2024)
7
Average grant
$230,143
Median grant
$146,250
Total assets
$134,286,836
Primary geography
Illinois (56% of itemized 2024 grant dollars)

Data from IRS Form 990, 2024; updated September 2026.

Financial Overview

From 2024 IRS Form 990 · 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 public charity 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

Open Grants

2 open opportunities from Elea Institute

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

2states

Share of 2024 grant dollars across all 7 itemized grants.

Cities

JolietMaywoodOakbrook TerraceOregonSchaumburgWashington DCHinsdaleRockfordTinley Park

Giving Over Time

Total grant dollars and number of grants per year

$0$500K$1M$1.5M$2M0 grants2020 0 grants2021 0 grants2022 8 grants2023 7 grants2024

From 2023 to 2024, annual grant giving ranged from $623K (2023) to $1.6M (2024). In 2024 it made 7 grants totaling $1.6M.

Grant Insights

How this funder distributes its grants

Top Recipients

Top 7 recipients in 2024

Joliet Area Community Hospice dba: $628KJoliet Area Community Hospicedba$628KThe Coalition to Transform Advanced Care: $418KThe Coalition to TransformAdvanced Care$418KNational Partnership for Healthcare and Hospice In: $290KNational Partnership forHealthcare and Hospice In$290KHome Centered Care Institute (HCCI): $146KHome Centered Care Institute(HCCI)$146KIllinois Hospice & Palliative Care Organization: $57KIllinois Hospice & PalliativeCare Organization$57KLoyola University Medical Center: $48KLoyola University MedicalCenter$48KSerenity Hospice and Home Foundation: $25KSerenity Hospice and HomeFoundation$25K

The largest 2024 recipient was Joliet Area Community Hospice dba ($628K). Together the top 7 received $1.6M.

Grant Size Distribution

15 grants across all recorded years

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

The most common grant size was in the $50–100K range: 6 grants of 15 (40%).

Giving History

Grant recipients and amounts by year

RecipientPurposeAmount
Joliet Area Community Hospice dba Joliet, ILGeneral Funding$627,500
The Coalition to Transform Advanced Care Washington DC, DCGeneral Funding$418,000
National Partnership for Healthcare and Hospice In Washington DC, DCGeneral Funding$289,750
Home Centered Care Institute (HCCI) Schaumburg, ILGeneral Funding$146,250
Illinois Hospice & Palliative Care Organization Oakbrook Terrace, ILGeneral Funding$57,000
Loyola University Medical Center Maywood, ILGeneral Funding$47,500
Serenity Hospice and Home Foundation Oregon, ILGeneral Funding$25,000

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Net Investment Income
$0$25M$50M$75M$100M2020 2021 2022 2023 2024
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
Net Investment Income$4,068,430$3,950,948$67,844,726

Data update history

When this profile's IRS filing data changed on Grantable

  1. Updated Form 990 for fiscal year 2023 (received by the IRS December 17, 2024)
  2. Updated Form 990 for fiscal year 2024 (received by the IRS November 6, 2025)
  3. IRS filings on file for fiscal years 2020–2024

Leadership & Key People

Officers and directors from IRS filings

Elea Institute is led by Kent Mathy, Chair & President since 2023 (on filings since 2020); 1 of 6 officers listed in 2024 is compensated.

Officers on the 2024 filing

  • Kent Mathy

    Chair & President

    Vice Chair → Vice President, Chair & President, 2022

    Vice President, Chair & President → Chair & President, 2023

    On filings since 2020

    3 hrs/week

    No compensation reported

  • Candyce Mayer

    CFO & COO

    Interim CEO → President & CEO, 2023

    President & CEO → CFO & COO, 2024

    On filings since 2020

    40 hrs/week

    $226K (2020) → $246K (2024)

  • Julia Cormier

    Secretary

    Board → Secretary, 2022

    On filings since 2020

    1 hr/week

    No compensation reported

  • Kelly Conroy Kenney

    Board

    On filings since 2020

    1 hr/week

    No compensation reported

  • Mead Montgomery

    Treasurer

    Board → Treasurer, 2022

    On filings since 2020

    1 hr/week

    No compensation reported

  • Jeff Boundy

    Board

    On filings since 2022

    1 hr/week

    No compensation reported

Former officers (30)
  • Former: David Hanold (2020–2023) — Board
  • Former: Anne B. Miller (2020–2022) — Chair
  • Former: Elizabeth S. Foley (2020–2022) — Board
  • Former: Kimberly Hobson (2020–2022) — Chief Executive Officer
  • Former: Kristin Kurczewski (2020–2022) — Secretary
  • Former: Lawrence CASAZZA (2020–2022) — Board
  • Former: Lisa M Cox (2020–2022) — Vice President of Marketing & Communications
  • Former: Matthew Gensburg (2020–2022) — Board
  • Former: Scott Vender (2020–2022) — Board
  • Former: Lydia Rohn (2021–2022) — Vice President of Human Resources
  • Former: Myleene Bosch (2021–2022) — Vice President of Hospice
  • Former: Linda Colello (2022) — Executive Coordinator
  • Former: Matthew Haycox (2022) — Vice President of Operations
  • Former: Michael Podlasek (2022) — Manager of Finance
  • Former: Amy Starkel (2020–2021) — Chief Operating Officer
  • Former: Bozena G Theodoropoulos (2020–2021) — Physician
  • Former: Jeffrey T Boundy (2020–2021) — Treasurer
  • Former: Joseph Matty (2020–2021) — Foundation President
  • Former: Christine Schwartz-Peterson (2021) — Associate Medical Director
  • Former: Lynn Katten (2021) — Physician
  • Former: Christine Schwartz - Peterson (2020) — Associate Medical Director
  • Former: Dale Beatty (2020) — Board - Partial Year Term
  • Former: Elise Magers (2020) — Board - Partial Year Term
  • Former: Frank D Cella (2020) — Board - Partial Year Term
  • Former: Kenneth T Nguyen (2020) — Medical Director
  • Former: Leslie Horwitz (2020) — Chief Clinical Officer
  • Former: Marek Grzeskowiak (2020) — Chief Medical Officer
  • Former: Sally Downey (2020) — Board - Partial Year Term
  • Former: Sarah Boburka (2020) — Former CEO & President
  • Former: Zina Jacque (2020) — Board - Partial Year Term

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.

Compensation Overview

From 2024 IRS filing

Candyce Mayer — CFO/COO: $246KCandyce MayerCFO/COO$246K

The highest reported compensation on the 2024 filing was $246K, to Candyce Mayer (CFO/COO).

Frequently asked questions about Elea Institute

How much does Elea Institute give each year?

Elea Institute gave $1.6M across 7 grants in 2024, according to its 2024 IRS Form 990. In 2023 it gave $623K across 8 grants.

What is Elea Institute's typical grant size?

Elea Institute's median grant in 2024 was $146,250, and its average grant was $230,143, across 7 grants on its 2024 IRS Form 990.

Where does Elea Institute give grants?

Elea Institute gives mostly in Illinois: 56% of the grant dollars itemized on its 2024 IRS Form 990 went to recipients there. The next largest state was District of Columbia (44%). The most frequent recipient cities were Washington DC, DC (2 grants).

Does Elea Institute give general operating support?

Yes: 100% of Elea Institute's 2024 grants with a stated purpose (7 of 7) were for general or operating support, per its 2024 IRS Form 990.

Who are Elea Institute's largest grantees?

Elea Institute's largest 2024 grantees include Joliet Area Community Hospice dba ($627,500), The Coalition to Transform Advanced Care ($418,000) and National Partnership for Healthcare and Hospice In ($289,750), according to its 2024 IRS Form 990. Together they received 83% of its itemized 2024 grant dollars.

How large is Elea Institute?

Elea Institute reported $134.3M in total assets on its 2024 IRS Form 990. Its revenue that year was $3.3M.

What is Elea Institute?

Elea Institute is a public charity focused on Human Services, based in Chicago, IL. It holds $134.3M in total assets as of 2024.

What is Elea Institute's EIN?

Elea Institute's EIN (Employer Identification Number) is 36-3305643. IRS Form 990 filing data is available on this page for 2020–2024.

Data last updated September 2026. Sourced from IRS Form 990 filings.

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