Elevare Foundation is a private foundation focused on Human Services, based in FRANKLIN, TN. IRS filing data is available for 2024. As of 2024, the organization holds $112K in total assets. In 2024, it awarded 3 grants totaling $60K. Net investment income was $2K.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$112K
Annual Giving
$60K
Grant Count
3
Avg Grant Size
$20K
Under IRS private-foundation payout rules, Elevare Foundation reported a distributable amount of $4K for 2024 — the minimum it must pay out in qualifying distributions.
About Elevare Foundation
Based on IRS filings
Elevare Foundation is a private foundation focused on Human Services, based in FRANKLIN, TN. IRS filing data is available for 2024. As of 2024, the organization holds $112K in total assets. In 2024, it awarded 3 grants totaling $60K. Net investment income was $2K.
Focus Areas
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 |
|---|---|
| Total Assets | $112,492 |
| Revenue | $205,557 |
| Expenses | $93,065 |
| Qualifying Distributions | $60,375 |
| Net Investment Income | $1,500 |
| Distributable Amount | $4,181 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 3 recipients in 2024
Grant Size Distribution
3 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include Operation Song ($31,575), Uncommon Grit Foundation ($26,000), All Star Children's Foundation ($2,800).
| Recipient | Purpose | Amount |
|---|---|---|
| UNCOMMON GRIT FOUNDATION MANAKIN SABOT, VA | UNRESTRICTED CONTR TO PUBLIC CHARITY | $26,000 |
| OPERATION SONG NASHVILLE, TN | UNRESTRICTED CONTR TO PUBLIC CHARITY | $31,575 |
| ALL STAR CHILDREN'S FOUNDATION SARASOTA, FL | UNRESTRICTED CONTR TO PUBLIC CHARITY | $2,800 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| RALENE DEBORD | PRESIDENT | 30 | — |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is Elevare Foundation?
Elevare Foundation is a private foundation focused on Human Services, based in FRANKLIN, TN. It holds $112K in total assets as of 2024.
How large is Elevare Foundation?
As of 2024, Elevare Foundation holds $112K in total assets with $206K in annual revenue. It awarded 3 grants totaling $60K in 2024.
Where does Elevare Foundation operate?
Elevare Foundation has awarded grants in Florida, Tennessee, Virginia.
What size grants does Elevare Foundation award?
In 2024, Elevare Foundation awarded 3 grants totaling $60K — an average of about $20K per grant, based on its IRS Form 990 filings.
How much is Elevare Foundation required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, Elevare Foundation reported a distributable amount of $4K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is Elevare Foundation's EIN?
Elevare Foundation's EIN (Employer Identification Number) is 99-3491279. IRS Form 990 filing data is available on this page for 2024.
Explore Open Grants
Browse active grant opportunities in Elevare Foundation's focus areas in our free grants database
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.
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