Elkes Foundation III is a private family foundation based in New York City, established in 2018 and granted tax-exempt status by the IRS in October of that year. The foundation maintains a 501(c)(3) designation and operates as a grantmaking organization with no public website or formal application process.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$21.2M
+4.5% YoY
Annual Giving
$1.0M
+7.8% YoY
Grant Count
80
+45.5% YoY
Avg Grant Size
$13K
-25.9% YoY
Mission & Focus Areas
The foundation has not publicly disclosed a formal mission statement. However, based on grant activity, the foundation supports a diverse portfolio of charitable organizations. Available grant data suggests funding interests that may include environmental causes, youth programs, and community-based organizations, though specific funding priorities are not formally articulated.
Grantmaking
The foundation operates on an invitation-only basis with decisions made at trustee discretion. There is no public application process available.
Grant Range
$5,000 - $100,000
Average Grant
Approximately $17,600
How to Apply
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Geographic Focus
Where this funder awards grants
The foundation supports organizations across the United States with a national scope. Geographic emphasis includes major urban centers such as New York, Chicago, and San Francisco, as well as smaller communities nationwide. The foundation operates across numerous states including Arizona, California, Colorado, Connecticut, Delaware, Florida, Georgia, Illinois, Indiana, Louisiana, Maryland, Minnesota, Montana, North Carolina, New Hampshire, New Jersey, Nevada, New York, Pennsylvania, South Carolina, and others.
Grant Distribution by State
States
Cities
Financial History
Multi-year comparison from IRS filings
As of 2024:
- Total assets: $21.2 million
- Total revenues: $1,086,302
- Total expenses: $1,432,331
- Investment income and dividends: $1,214,500
- Net gain/loss from sale of non-inventory assets: -$130,608
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $21,164,953 | $20,262,600 | $19,266,675 |
| Revenue | $1,086,302 | $1,431,240 | $1,561,030 |
| Expenses | $1,432,331 | $1,251,206 | $1,384,653 |
| Qualifying Distributions | $1,045,676 | $969,955 | $1,088,735 |
| Net Investment Income | $1,050,565 | $1,356,256 | $1,490,228 |
| Distributable Amount | $1,006,956 | $947,787 | $1,004,914 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 10 recipients in 2024
Grant Size Distribution
250 grants across all recorded years
Giving History
Grant recipients and amounts by year
No grants recorded for .
Leadership & Key People
Leadership team and compensation from IRS filings
Trustees:
- Steven Elkes — Trustee, compensation of $79,721 (2024)
- Mitzi Elkes — Trustee, compensation of $74,032
Both trustees dedicate 20 hours per week to foundation operations.
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| STEVEN ELKES | Trustee | 20 | $79,721 |
| MITZI ELKES | Trustee | 20 | $79,721 |
Contact Information
Address: C/O Bradley 55 W 39th Street, 14th-17th Floor New York, NY 10018-0000
EIN: 82-3897250
Public Contact Methods: No website, email, or phone number is publicly available.
Subject Areas
Focus areas based on grantmaking activity
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Data last updated April 2026. Sourced from IRS Form 990-PF filings. Research dossier generated April 2026.
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