The Elmar Family Foundation is a private family foundation established in Minnesota in 2011 and based in Eagan, MN. The foundation operates as a 501(c)(3) organization and manages a portfolio of philanthropic investments across multiple U.S. states and cities.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$3.8M
-20.5% YoY
Annual Giving
$1.1M
+22.5% YoY
Grant Count
15
-28.6% YoY
Avg Grant Size
$73K
+71.5% YoY
Mission & Focus Areas
The foundation does not specify particular subject areas of focus in its public materials. It supports general funding initiatives across various geographic regions and has demonstrated support for organizations in education, cultural, and community development sectors based on recent grant activity.
Grantmaking
The foundation is open to new applicants, with approximately 12% of new applicants receiving funding.
Grant Range
$24,300
Average Grant
$24,300
How to Apply
**
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Geographic Focus
Where this funder awards grants
The foundation supports projects across multiple U.S. states and cities, including:
- California
- Illinois
- Maryland
- Massachusetts
- Minnesota
- New Jersey
- New York
- Texas
Major urban centers funded include New York, Washington, and Minneapolis.
Grant Distribution by State
Cities
Financial History
Multi-year comparison from IRS filings
Most Recent (2024):
- Total Assets: $3,757,971
- Total Revenue: $380,730
- Total Expenses: $1,163,457
- Annual Grants Awarded: $889,000
Prior Year (2023):
- Total Assets: $4,724,920
- Total Revenue: $1,654,771
- Total Expenses: $956,674
The foundation's assets have shown modest growth, increasing 2.6% year-over-year in recent reporting periods.
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $3,757,971 | $4,724,920 | $4,026,823 |
| Revenue | $380,730 | $1,654,771 | $1,735,354 |
| Expenses | $1,163,457 | $956,674 | $450,788 |
| Qualifying Distributions | $1,088,637 | $888,862 | $412,365 |
| Net Investment Income | $159,280 | $137,227 | $183,561 |
| Distributable Amount | $213,828 | $169,817 | $120,982 |
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
71 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
- Marlys Badzin – Chief Executive Officer and President (volunteer, no compensation)
- Elliott Badzin – Director and CFO/Treasurer (volunteer, no compensation)
- Marshall Lehman – Director (volunteer, no compensation)
All key personnel serve on a voluntary basis.
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| ELLIOTT BADZIN | CFO/ TREASURER | 1 | — |
| MARLYS BADZIN | CEO/ PRESIDENT | 1 | — |
| MARSHALL LEHMAN | DIRECTOR | 1 | — |
Contact Information
Address: 1380 Corporate Center Curve, Suite 200 Eagan, MN 55121-1200
Phone: 651-405-7855
EIN: 27-1454722
Subject Areas
Focus areas based on grantmaking activity
Related Funders
Similar funders by location and focus area
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Grants
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Donald and Luella Zibell Family Foundation
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Assets
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Minnesota Citizens Concerned
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Clearway Minnesota (sm)
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Assets
—
Grants
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Total Given
$442K
Data last updated April 2026. Sourced from IRS Form 990-PF filings. Research dossier generated April 2026.
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