Elton Family Foundation

Private foundation · Grantmaker Meridian, ID EIN: 46-6440958

Elton Family Foundation is a private foundation, based in Meridian, ID. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $649K in total assets. In 2024, it awarded 1 grant totaling $500K. Net investment income was $32K.

Key facts about Elton Family Foundation

In short: Elton Family Foundation gave $500K across 1 grant in 2024 (avg $500K), mostly in Virginia. Source: 2024 IRS Form 990-PF.

EIN
46-6440958
Latest 990 filing
Form 990-PF, 2024
Annual giving (2024)
$500,000
Grants made (2024)
1
Average grant
$500,000
Median grant
$500,000
Total assets
$649,295
Primary geography
Virginia (100% of itemized 2024 grant dollars)

Data from IRS Form 990-PF, 2024; updated October 2026.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$649K

-41.7% YoY

Annual Giving

$500K

Grant Count

1

Avg Grant Size

$500K

Under IRS private-foundation payout rules, Elton Family Foundation reported a distributable amount of $40K for 2024 — the minimum it must pay out in qualifying distributions.

How Elton Family Foundation gives

  • Giving fell 84% from 2021 to 2024. Method
  • In 2024 it paid out well above its IRS minimum distribution (the 5% rule). Method

From the foundation's IRS Form 990-PF filings. Methodology.

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

11states

Share of the 2024 grant dollars on its one itemized grant.

Cities

MeridianBoiseBellevueColorado SpringsIssaquahKirklandLake OswegoNew YorkQueen CreekSalt Lake CitySeattleTigardBala CynwydBuena VistaCedar CityChula VistaColleyvilleDonnellyIrvingLincoln City

Giving Over Time

Total grant dollars and number of grants per year

$0$1M$2M$3M$4M21 grants2020 26 grants2021 0 grants2022 0 grants2023 1 grant2024

From 2020 to 2024, annual grant giving ranged from $189K (2020) to $3.2M (2021). In 2024 it made 1 grant totaling $500K.

Grant Insights

How this funder distributes its grants

Top Recipients

Top recipient in 2024

Southern Virginia University: $500KSouthern Virginia University$500K

The largest 2024 recipient was Southern Virginia University ($500K).

Grant Size Distribution

48 grants across all recorded years

37<$50K2$50–100K$100–250K8$250–500K1$500K–1M$1–5M$5M+

The most common grant size was under $50K: 37 grants of 48 (77%).

Giving History

Grant recipients and amounts by year

RecipientPurposeAmount
Southern Virginia University Buena Vista, VAGeneral Support$500,000

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$1M$2M$3M$4M2020 2021 2022 2023 2024
Metric202420232022
Total Assets$649,295$1,113,081$1,083,272
Revenue$32,163$26,946$256,446
Expenses$505,033$5,081$5,296
Qualifying Distributions$502,739$4,051$4,218
Net Investment Income$31,867$25,912$5,102
Distributable Amount$39,583$53,554$44,724

Data update history

When this profile's IRS filing data changed on Grantable

  1. Updated Form 990-PF for fiscal year 2020 (received by the IRS November 15, 2021)
  2. Updated Form 990-PF for fiscal year 2021 (received by the IRS November 15, 2022)
  3. Updated Form 990-PF for fiscal year 2022 (received by the IRS November 14, 2023)
  4. Updated Form 990-PF for fiscal year 2023 (received by the IRS October 9, 2024)
  5. Updated Form 990-PF for fiscal year 2024 (received by the IRS November 17, 2025)
  6. IRS filings on file for fiscal years 2020–2024

Leadership & Key People

Officers and directors from IRS filings

Elton Family Foundation's 2024 filing lists 2 officers; none of the 2 officers listed in 2024 report compensation.

Officers on the 2024 filing

  • Aaron Boyd Elton

    Trustee

    Trusee → Trustee, 2021

    On filings since 2020

    1 hr/week

    No compensation reported

  • David Collins

    CFO

    On filings since 2023

    0.5 hrs/week

    No compensation reported

Data from IRS Form 990 filings, 2020–2024. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.

Frequently asked questions about Elton Family Foundation

How much does Elton Family Foundation give each year?

Elton Family Foundation gave $500K across 1 grant in 2024, according to its 2024 IRS Form 990-PF.

How large is Elton Family Foundation?

Elton Family Foundation reported $649K in total assets on its 2024 IRS Form 990-PF. It paid out $503K in qualifying distributions that year, against a required minimum of $40K (roughly 5% of its investment assets).

Where does Elton Family Foundation operate?

Elton Family Foundation has awarded grants in Arizona, California, Colorado, Idaho, New York, Oregon, Pennsylvania, Texas, Utah, Virginia, Washington.

What is Elton Family Foundation's EIN?

Elton Family Foundation's EIN (Employer Identification Number) is 46-6440958. IRS Form 990 filing data is available on this page for 2020–2024.

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

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