Ely Area Community Foundation Inc
To enhance community development and quality of life in the ely, mn and surrounding communities by establishing programs and facilities that improve the well-being of our citizens and through the distribution of board designated grants.
Key facts about Ely Area Community Foundation Inc
In short: Ely Area Community Foundation Inc gave $197K across 1 grant in 2024 (avg $197K), mostly in Minnesota. Source: 2024 IRS Form 990 filing.
- EIN
- 06-1770182
- Latest 990 filing
- Form 990 filing, 2024
- Annual giving (2024)
- $196,963
- Grants made (2024)
- 1
- Average grant
- $196,963
- Median grant
- $196,963
- Total assets
- $3,989,873
- Primary geography
- Minnesota (100% of itemized 2024 grant dollars)
Data from IRS Form 990 filing, 2024; updated September 2026.
Financial Overview
From 2024 IRS Form 990 filing · View filing
Total Assets
$4.0M
+37.5% YoY
Annual Giving
$197K
Grant Count
1
Avg Grant Size
$197K
About Ely Area Community Foundation Inc
Based on IRS filings
Ely Area Community Foundation Inc is a nonprofit organization focused on Philanthropy, Voluntarism & Grantmaking, based in Ely, MN. IRS filing data is available from 2022 through 2024. As of 2024, the organization holds $4.0M in total assets. In 2024, it awarded 1 grant totaling $197K. Net investment income was $59K.
Focus Areas
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
Share of all 1 itemized 2024 grant dollars.
States
Cities
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 1 recipients in 2024
Grant Size Distribution
1 grants across all recorded years
Giving History
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| HAPPY DAYS LEARNING CENTER Ely, MN | PROGRAMING & SUPPORT | $196,963 |
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $3,989,873 | $2,901,901 | $1,420,426 |
| Revenue | $1,382,905 | $1,552,126 | $1,406,565 |
| Expenses | $457,080 | $99,210 | $33,702 |
| Qualifying Distributions | — | — | — |
| Net Investment Income | $59,372 | $24,775 | $1,560 |
| Distributable Amount | — | — | — |
Data update history
When this profile's IRS filing data changed on Grantable
- IRS filings on file for fiscal years 2022–2024
Leadership & Key People
Officers and directors from IRS filings
Ely Area Community Foundation Inc is led by Jeff Sundell, Chairperson on every filing since 2022; none of the 12 officers listed in 2024 report compensation.
Officers on the 2024 filing
Jeff Sundell
Chairperson
On filings since 2022
1 hr/week
No compensation reported
Anita Lancello Bydlon
Board
On filings since 2022
1 hr/week
No compensation reported
David Marshall
Vice Chair
On filings since 2022
1 hr/week
No compensation reported
Heather Fitzgerald
Board
On filings since 2022
1 hr/week
No compensation reported
Heidi Omerza
Board
On filings since 2022
1 hr/week
No compensation reported
Joseph Bianco
Board
On filings since 2022
1 hr/week
No compensation reported
Julie Hignell
Board
On filings since 2022
1 hr/week
No compensation reported
Kurt Soderberg
Secretary
On filings since 2022
1 hr/week
No compensation reported
Patti Banks
Board
On filings since 2022
1 hr/week
No compensation reported
Paul Knuti
Board
On filings since 2022
1 hr/week
No compensation reported
Todd Heiman
Treasurer
On filings since 2022
2 hrs/week
No compensation reported
Allison Heiman
Board
New on the 2024 filing
1 hr/week
No compensation reported
Former officers (1)
- Former: Amanda Peterson (2023) — Board
Data from IRS Form 990 filings, 2022–2024. "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 Ely Area Community Foundation Inc
How much does Ely Area Community Foundation Inc give each year?
Ely Area Community Foundation Inc gave $197K across 1 grant in 2024, according to its 2024 IRS Form 990 filing.
How large is Ely Area Community Foundation Inc?
Ely Area Community Foundation Inc reported $4.0M in total assets on its 2024 IRS Form 990 filing. Its revenue that year was $1.4M.
What is Ely Area Community Foundation Inc?
Ely Area Community Foundation Inc is a nonprofit organization focused on Philanthropy, Voluntarism & Grantmaking, based in Ely, MN. It holds $4.0M in total assets as of 2024.
Where does Ely Area Community Foundation Inc operate?
Ely Area Community Foundation Inc has awarded grants in Minnesota.
What is Ely Area Community Foundation Inc's EIN?
Ely Area Community Foundation Inc's EIN (Employer Identification Number) is 06-1770182. IRS Form 990 filing data is available on this page for 2022–2024.
Data last updated September 2026. Sourced from IRS Form 990 filings.
Here's the math on researching Ely Area Community Foundation Inc by hand.
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