Elm Foundation Inc

LEBANON, NJ EIN: 56-2583850

Elm Foundation Inc is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in LEBANON, NJ. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $787K in total assets. In 2024, it awarded 2 grants totaling $45K.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$787K

-0.3% YoY

Annual Giving

$45K

+16.5% YoY

Grant Count

2

-33.3% YoY

Avg Grant Size

$23K

+74.8% YoY

Under IRS private-foundation payout rules, Elm Foundation Inc reported a distributable amount of $39K for 2024 — the minimum it must pay out in qualifying distributions.

About Elm Foundation Inc

Based on IRS filings

Elm Foundation Inc is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in LEBANON, NJ. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $787K in total assets. In 2024, it awarded 2 grants totaling $45K.

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

10states
+2 more states

Cities

Basking RidgeBaton RougeBedminsterBostonChicagoCoral CablesEdisonFar HillsGambierGladstoneLakevilleMiami BeachMorristownNew HavenNew YorkOldwickProvidenceWashington

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$13K$27K$40K$54K20202021202220232024
Metric202420232022
Total Assets$786,805$789,278$800,285
Revenue$47,575$30,948$37,414
Expenses$48,498$41,955$39,811
Qualifying Distributions$45,398$38,955$37,311
Net Investment Income
Distributable Amount$39,118$39,588$39,758

Giving Over Time

Total grant dollars and number of grants per year

$0$11K$23K$34K$45K21 grants20201 grants20211 grants20223 grants20232 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 2 recipients in 2024

MIAMI CITY BALLET$25KTHE WILLOW SCHOOL$20K

Grant Size Distribution

28 grants across all recorded years

28<$50K$50–100K$100–250K$250–500K$500K–1M$1–5M$5M+

Giving History

Grant recipients and amounts by year

Among its reported 2024 grants, the largest include Miami City Ballet ($25,189), The Willow School ($20,209).

RecipientPurposeAmount
MIAMI CITY BALLET MIAMI BEACH, FLGENERAL SUPPORT$25,189
THE WILLOW SCHOOL GLADSTONE, NJGENERAL SUPPORT$20,209

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

From 2024 filing

NameTitleHoursCompensation
GRETCHEN JOHNSONPRESIDENT/TREASURER0.1
MARK LORING BIEDRONVICE PRESIDENT/SECRETARY0.1

Subject Areas

Focus areas based on grantmaking activity

Frequently Asked Questions

What is Elm Foundation Inc?

Elm Foundation Inc is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in LEBANON, NJ. It holds $787K in total assets as of 2024.

How large is Elm Foundation Inc?

As of 2024, Elm Foundation Inc holds $787K in total assets with $48K in annual revenue. It awarded 2 grants totaling $45K in 2024.

Where does Elm Foundation Inc operate?

Elm Foundation Inc has awarded grants in Connecticut, District of Columbia, Florida, Illinois, Louisiana, Massachusetts, New Jersey, New York, Ohio, Rhode Island.

What size grants does Elm Foundation Inc award?

In 2024, Elm Foundation Inc awarded 2 grants totaling $45K — an average of about $23K per grant, based on its IRS Form 990 filings.

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

Private foundations must generally distribute about 5% of their assets annually. For 2024, Elm Foundation Inc reported a distributable amount of $39K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.

What is Elm Foundation Inc's EIN?

Elm Foundation Inc's EIN (Employer Identification Number) is 56-2583850. IRS Form 990 filing data is available on this page for 2020–2024.

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Related Funders

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

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