Empowering Economic Growth Foundation
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.
Key facts about Empowering Economic Growth Foundation
In short: Empowering Economic Growth Foundation gave $265K across 9 grants in 2025 (avg $29K), top state Arizona. Source: 2025 IRS Form 990-PF.
- EIN
- 84-3970728
- Latest 990 filing
- Form 990-PF, 2025
- Annual giving (2025)
- $265,156
- Grants made (2025)
- 9
- Average grant
- $29,462
- Median grant
- $10,000
- Total assets
- $80,606,221
- Primary geography
- Arizona (38% of itemized 2025 grant dollars)
Data from IRS Form 990-PF, 2025; updated September 2026.
Financial Overview
From 2025 IRS Form 990-PF · View filing
Total Assets
$80.6M
+11.0% YoY
Annual Giving
$265K
-27.4% YoY
Grant Count
9
+80.0% YoY
Avg Grant Size
$29K
-59.6% YoY
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.
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
Share of all 9 itemized 2025 grant dollars.
States
Cities
Giving Over Time
Total grant dollars and number of grants per year
From 2020 to 2025, annual grant giving ranged from $49K (2020) to $365K (2024). In 2025 it made 9 grants totaling $265K.
Grant Insights
How this funder distributes its grants
Top Recipients
Top 9 recipients in 2025
The largest 2025 recipient was Legacy Global Programs ($100K). Together the top 9 received $265K.
Grant Size Distribution
16 grants across all recorded years
The most common grant size was under $50K: 10 grants of 16 (63%).
Giving History
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| Legacy Global Programs Mesa, AZ | Fiscal 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 |
Financial History
Multi-year comparison from IRS filings
| Metric | 2025 | 2024 | 2023 |
|---|---|---|---|
| Total Assets | $80,606,221 | $72,623,318 | $5,018,332 |
| Revenue | $8,973,007 | $68,629,110 | $1,943,762 |
| Expenses | $2,148,458 | $1,036,180 | $192,378 |
| Qualifying Distributions | $4,002,219 | $2,302,198 | $158,875 |
| Net Investment Income | $2,531,898 | $656,594 | $189,891 |
| Distributable Amount | — | — | — |
Data update history
When this profile's IRS filing data changed on Grantable
- Added Form 990-PF for fiscal year 2025 (received by the IRS June 8, 2026)
- IRS filings on file for fiscal years 2020–2024
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.
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