Elhapa Foundation Inc

Foundation · Grantmaker Lexington, KY EIN: 47-5371533

ELHAPA Foundation Inc is a private foundation based in Lexington, Kentucky, designated as a 501(c)(3) organization. The foundation was granted tax-exempt status in February 2016. It operates as a grantmaking foundation supporting various charitable causes across multiple states.

Key facts about Elhapa Foundation Inc

EIN
47-5371533
Latest 990 filing
Form 990-PF, 2024
Annual giving (2024)
$4,700,000
Grants made (2024)
127
Average grant
$37,008
Median grant
$25,000
New grantees (estimate)
18% first-time grantees (23 of 127, 2024)
Total assets
$35,641,586
Primary geography
Kentucky (32% of itemized 2024 grant dollars)

Data from IRS Form 990-PF, 2024; updated September 2026. New grantees are estimated by matching recipient names across years (methodology).

Who Elhapa Foundation Inc funds

By grant dollars, the top recipient states for Elhapa Foundation Inc's 127 itemized 2024 grants were Kentucky (32%), South Carolina (30%) and Virginia (14%). The most frequent recipient cities were Lexington, KY (39 grants), Charleston, SC (18 grants), North Charleston, SC (13 grants) and Charlottesville, VA (12 grants). 85% of grants with a stated purpose were for general or operating support.

Is Elhapa Foundation Inc open to new grantees?

18%

first-time grantees, 2024

In 2024, 23 of 127 grantees (18%) were first-time recipients. First grants averaged $39K; repeat grants $37K. How we count

Medians: $25K first-time, $25K repeat.

  • 80% of 2024 grantees were also funded in 2023. Method
  • Giving grew 22% from 2021 to 2024. Method
  • In 2024 it paid out 114% of its IRS minimum distribution (the 5% rule). Method

Estimate from itemized IRS Form 990-PF grant lists (2020–2024). Recipient names are matched across years, so a renamed or misspelled grantee can look new; grants to individuals are left out. Methodology.

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Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$35.6M

-6.3% YoY

Annual Giving

$4.7M

+23.9% YoY

Grant Count

127

+12.4% YoY

Avg Grant Size

$37K

+10.2% YoY

Under IRS private-foundation payout rules, Elhapa Foundation Inc reported a distributable amount of $4.1M for 2024 — the minimum it must pay out in qualifying distributions.

Research compiled by Grantable AI from public sources. Last updated April 2026.

Mission & Focus Areas

The foundation does not publicly specify particular subject areas for its funding. However, based on grant activity, the foundation supports:

  • Education
  • Philanthropy and voluntarism
  • Human services
  • General operations of nonprofit organizations

Grantmaking

The foundation supports general operations, specific programs including the Stay Project, the M.A.D.E. Program, the Julietta Market, and the Harbor Area Resident initiative.

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Geographic Focus

Where this funder awards grants

The foundation funds organizations across 17 states, with primary grantmaking focus in Kentucky, South Carolina, and Virginia. The foundation also supports organizations in California, New York, Texas, and other states including Austin, Baltimore, and San Francisco.

Grant Distribution by State

18states

Share of all 127 itemized 2024 grant dollars.

Cities

LexingtonCharlestonNorth CharlestonCharlottesvilleLouisvilleNew YorkBereaColumbiaJohns IslandBrattleboroCarlboroHarbor SpringsHoustonLadsonLivingstonNew CastleNew MarketPinehurstSalisburySimsbury

Financial History

Multi-year comparison from IRS filings

As of 2024:

  • Total Assets: $35,641,586
  • Total Revenue: $2,422,214
  • Total Expenses: $4,833,267
  • Total Liabilities: $0
  • Investment Income and Dividends: $1,088,762
  • Total Grants, Contributions, etc.: $888,784

The foundation maintains no debt and has been tax-exempt since 2016.

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$1M$3M$4M$5M20202021202220232024
Metric202420232022
Total Assets$35,641,586$38,052,639$41,555,787
Revenue$2,422,214$400,312$1,606,705
Expenses$4,833,267$3,908,460$3,540,890
Qualifying Distributions$4,724,257$3,818,789$3,462,536
Net Investment Income$2,396,522$1,626,205$932,343
Distributable Amount$4,144,730$3,577,489$3,534,868

Data update history

When this profile's IRS filing data changed on Grantable

  1. IRS filings on file for fiscal years 2020–2024

Giving Over Time

Total grant dollars and number of grants per year

$0$1M$2M$4M$5M95 grants2020105 grants2021103 grants2022113 grants2023127 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 10 recipients in 2024

St Anne's-Belfield School: $170KSt Anne's-Belfield School$170KKentucky Resource Council: $165KKentucky Resource Council$165KThe Women's Initiative: $160KThe Women's Initiative$160KUniversity of North Carolina- Chapel Hill: $150KUniversity of North Carolina-Chapel Hill$150KBeyond Our Walls: $115KBeyond Our Walls$115KCharleston Promise Neighborhood: $114KCharleston PromiseNeighborhood$114KClient Earth: $100KClient Earth$100KHenry Clay Memorial Foundation: $100KHenry Clay Memorial Foundation$100KKids on Point: $100KKids on Point$100KTurn 90: $100KTurn 90$100K

Grant Size Distribution

543 grants across all recorded years

406<$50K94$50–100K43$100–250K$250–500K$500K–1M$1–5M$5M+

Giving History

Grant recipients and amounts by year

Among its reported 2024 grants, the largest recipients include St Anne's-Belfield School ($170,000), Kentucky Resource Council ($165,000), The Women's Initiative ($160,000).

RecipientPurposeAmount
ST ANNE'S-BELFIELD SCHOOL Charlottesville, VATO SUPPORT GENERAL OPERATIONS$170,000
KENTUCKY RESOURCE COUNCIL Frankfort, KYTO SUPPORT GENERAL OPERATIONS$165,000
THE WOMEN'S INITIATIVE Charlottesville, VATO SUPPORT GENERAL OPERATIONS$160,000
UNIVERSITY OF NORTH CAROLINA- CHAPEL HILL Chapel Hill, NCTO SUPPORT THE WINSTON CENTER$150,000
BEYOND OUR WALLS North Charleston, SCTO SUPPORT GENERAL OPERATIONS$115,000
CHARLESTON PROMISE NEIGHBORHOOD Charleston, SCTO SUPPORT GENERAL OPERATIONS$114,000
CLIENT EARTH Wilmington, DETO SUPPORT GENERAL OPERATIONS$100,000
HENRY CLAY MEMORIAL FOUNDATION Lexington, KYARTWORK$100,000
KIDS ON POINT Charleston, SCTO SUPPORT GENERAL OPERATIONS$100,000
TURN 90 North Charleston, SCTO SUPPORT GENERAL OPERATIONS$100,000

Leadership & Key People

Leadership team and compensation from IRS filings

Key personnel include:

  • Elizabeth P. Kenan (President)
  • James Graham Kenan IV (Vice-President)
  • Angela L. Thomas (Treasurer, compensated at $40,000 annually for 15 hours of work)

Most directors and the secretary work minimal hours and receive no compensation.

Compensation Overview

From 2024 IRS filing

Angela L Thomas — Treasurer: $30KAngela L ThomasTreasurer$30K

From 2024 IRS filing

NameTitleHoursCompensation
Elizabeth P KenanPresident0.5—
Angela L ThomasTreasurer15$30,000
James Graham Kenan IVVice-President0.5—
Emma Kenan ThomsonDirector0.5—
Anne Clay KenanSecretary0.5—
Elizabeth Kenan MortonDirector0.5—
George BranchDirector0.5—

Subject Areas

Focus areas based on grantmaking activity

Frequently Asked Questions

What does Elhapa Foundation Inc fund?

The foundation does not publicly specify particular subject areas for its funding. However, based on grant activity, the foundation supports: • Education • Philanthropy and voluntarism • Human services • General operations of nonprofit organizations

How do I apply for a grant from Elhapa Foundation Inc?

**Grant Activity:** • Made 113 grants in 2024 • Total giving in 2024: $4,700,000 • Typical grant awards range from $4,000 to $200,000 • Recent notable grants include: • St. Anne's-Belfield School: $170,000 (general operations) • Kentucky Resources Council: $165,000 (general operations) • The Women's Initiative: $160,000 (general operations) The foundation supports general operations, specific programs including the Stay Project, the M.A.D.E. Program, the Julietta Market, and the Harbor Area Res…

Where does Elhapa Foundation Inc make grants?

The foundation funds organizations across 17 states, with primary grantmaking focus in Kentucky, South Carolina, and Virginia. The foundation also supports organizations in California, New York, Texas, and other states including Austin, Baltimore, and San Francisco.

What size grants does Elhapa Foundation Inc award?

In 2024, Elhapa Foundation Inc awarded 127 grants totaling $4.7M — an average of about $37K per grant, based on its IRS Form 990 filings.

How much is Elhapa Foundation Inc required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2024, Elhapa Foundation Inc reported a distributable amount of $4.1M on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.

What is Elhapa Foundation Inc's EIN?

Elhapa Foundation Inc's EIN (Employer Identification Number) is 47-5371533. IRS Form 990 filing data is available on this page for 2020–2024.

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Data last updated September 2026. Sourced from IRS Form 990-PF filings. Research dossier generated April 2026.

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