Empowering Economic Growth Foundation

Private foundation · Grantmaker New York, NY EIN: 84-3970728

Empowering Economic Growth Foundation is a private foundation, based in New York, NY. IRS filing data is available from 2020 through 2025. As of 2025, the organization holds $80.6M in total assets. In 2025, it awarded 9 grants totaling $265K. Net investment income was $2.5M.

Empowering Economic Growth Foundation at a glance

In short: Empowering Economic Growth Foundation gave $265K across 9 grants in 2025 (avg $29K), top state Arizona. Source: 2025 IRS Form 990-PF.

Annual giving (2025)
$265,156
-27.4% vs 2024
Grants made (2025)
9
+80.0% vs 2024
Average grant
$29,462
-59.6% vs 2024
Median grant
$10,000
Total assets
$80,606,221
+11.0% vs 2024
Primary geography
Arizona (38% of itemized 2025 grant dollars)
Latest 990 filing
Form 990-PF, 2025 View filing

Data from IRS Form 990-PF, 2025; updated September 2026.

Who Empowering Economic Growth Foundation funds

How this funder distributes its grants

Top Recipients

Top 9 recipients in 2025

Legacy Global Programs: $100KLegacy Global Programs$100KNiyya Foods: $69KNiyya Foods$69KKokari Coconuts Company: $30KKokari Coconuts Company$30KLimlim Foods Production Company: $25KLimlim Foods ProductionCompany$25KCROP2CASH: $10KCROP2CASH$10KOriki Group: $10KOriki Group$10KFountain University: $10KFountain University$10KXtraokids Childcare Center: $6KXtraokids Childcare Center$6KNeat Microcredit: $5KNeat Microcredit$5K

The largest 2025 recipient was Legacy Global Programs ($100K). Together the top 9 received $265K.

Grant Size Distribution

16 grants across all recorded years

10<$50K2$50–100K4$100–250K$250–500K$500K–1M$1–5M$5M+

The most common grant size was under $50K: 10 grants of 16 (63%).

Geographic Focus

Where this funder awards grants

Grant Distribution by State

1state

Share of 2025 grant dollars across all 9 itemized grants.

States

Cities

Mesa

How Empowering Economic Growth Foundation gives

  • Giving grew 435% from 2022 to 2025. Method
  • In 2022 it paid out 106% of its IRS minimum distribution (the 5% rule). Method

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

Giving History

Giving Over Time

Total grant dollars and number of grants per year

$0$100K$200K$300K$400K1 grant2020 1 grant2021 1 grant2022 0 grants2023 5 grants2024 9 grants2025

From 2020 to 2025, annual grant giving ranged from $49K (2020) to $365K (2024). In 2025 it made 9 grants totaling $265K.

Grants by year

Grant recipients and amounts by year

RecipientPurposeAmount
Legacy Global Programs Mesa, AZFiscal sponsorship for accelerate africa, through a contribution to the foundation for africa's future, managed by lohas.$100,000
Niyya Foods Organizational Support$69,000
Kokari Coconuts Company Organizational Support$30,156
Limlim Foods Production Company Organizational Support$25,000
CROP2CASH Organizational Support$10,000
Oriki Group Organizational Support$10,000
Fountain University Organizational Support$10,000
Xtraokids Childcare Center Organizational Support$6,000
Neat Microcredit Organizational Support$5,000
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Financial History

Multi-year comparison from IRS filings

Figures from IRS filings, by filing year
Filing yearTotal AssetsRevenueExpensesGrants paidGrantsQualifying DistributionsNet Investment IncomeDistributable Amount
2025$80,606,221$8,973,007$2,148,458$265,1569$4,002,219$2,531,898—
2024$72,623,318$68,629,110$1,036,180$365,0505$2,302,198$656,594—
2023$5,018,332$1,943,762$192,378——$158,875$189,891—
2022$3,266,959$1,037,349$144,552$49,5651$90,527$379,547$85,171
2021$2,375,336$475,440$163,289$72,4401$136,997$249,107$90,800
2020$2,062,000$1,619,806$65,456$49,1501—$215,020$22,997

Leadership & Key People

Officers and directors from IRS filings

Empowering Economic Growth Foundation is led by David Delucia, Trustee on every filing since 2020 — the only officer listed, and uncompensated.

Officers on the 2025 filing

  • David Delucia

    Trustee

    On filings since 2020

    1 hr/week

    No compensation reported

Data from IRS Form 990 filings, 2020–2025. "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 Empowering Economic Growth Foundation

How much does Empowering Economic Growth Foundation give each year?

Empowering Economic Growth Foundation gave $265K across 9 grants in 2025, according to its 2025 IRS Form 990-PF. In 2024 it gave $365K across 5 grants.

What is Empowering Economic Growth Foundation's typical grant size?

Empowering Economic Growth Foundation's median grant in 2025 was $10,000, and its average grant was $29,462, across 9 grants on its 2025 IRS Form 990-PF.

Where does Empowering Economic Growth Foundation give grants?

Empowering Economic Growth Foundation's top state is Arizona, with 38% of the grant dollars itemized on its 2025 IRS Form 990-PF.

Does Empowering Economic Growth Foundation give general operating support?

Not in 2025: none of the 9 grants with a stated purpose on Empowering Economic Growth Foundation's 2025 IRS Form 990-PF were described as general or operating support. Recurring purposes include "Organizational Support" (8 grants).

Who are Empowering Economic Growth Foundation's largest grantees?

Empowering Economic Growth Foundation's largest 2025 grantees include Legacy Global Programs ($100,000), Niyya Foods ($69,000) and Kokari Coconuts Company ($30,156), according to its 2025 IRS Form 990-PF. Together they received 75% of its itemized 2025 grant dollars.

How large is Empowering Economic Growth Foundation?

Empowering Economic Growth Foundation reported $80.6M in total assets on its 2025 IRS Form 990-PF. Its revenue that year was $9.0M.

What is Empowering Economic Growth Foundation's EIN?

Empowering Economic Growth Foundation's EIN (Employer Identification Number) is 84-3970728. IRS Form 990 filing data is available on this page for 2020–2025.

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

Data update history

(2)

When this profile's IRS filing data changed on Grantable

  1. Added Form 990-PF for fiscal year 2025 (received by the IRS June 8, 2026)
  2. IRS filings on file for fiscal years 2020–2024

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The filing figures on this page are open data under CC BY 4.0. About GrantGraph Open

Figures come from Empowering Economic Growth Foundation's IRS filings (methodology). AI-written summaries, news items and logos are not covered by the open licence. Spot an error? Email hello@grantable.co.

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