Equitable Foundation Inc
Equitable Foundation Inc is a philanthropic organization that supports educational initiatives and food equity programs.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$112.4M
+6.0% YoY
Annual Giving
$5.5M
+15.8% YoY
Grant Count
1,453
+2.5% YoY
Avg Grant Size
$4K
+13.0% YoY
Mission & Focus Areas
The foundation focuses on:
- Educational scholarships and student support
- Food equity and access initiatives
Grantmaking
The foundation administers the Equitable Excellence Scholarship®, an annual scholarship program recognizing and supporting recipients. The foundation announced scholarship recipients in 2023, 2024, and 2025.
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
States
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $112,407,153 | $106,085,926 | $96,722,385 |
| Revenue | $8,983,863 | $21,898,403 | $5,851,300 |
| Expenses | $7,475,063 | $6,777,945 | $5,849,098 |
| Qualifying Distributions | $6,648,565 | $5,831,470 | $5,750,146 |
| Net Investment Income | $7,946,874 | $21,859,600 | $5,796,706 |
| Distributable Amount | $5,263,102 | $4,606,389 | $5,038,085 |
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
250 grants across all recorded years
Giving History
Grant recipients and amounts by year
No grants recorded for .
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| JARIAN KEREKES | CHAIRMAN & PRESIDENT & DIRECTOR | 40 | — |
| CANDACE SCAPPATOR | CONTROLLER | 2.5 | — |
| PETER TIAN | TREASURER (AS OF 05/2024) | 0.5 | — |
| JULIA YUN ZHANG | TREASURER (THRU OF 05/2024) | 0.5 | — |
| MARK PEARSON | DIRECTOR (THRU 04/2024) | 0.5 | — |
| JEFFREY HURD | DIRECTOR | 0.5 | — |
| STEVE JOENK | DIRECTOR (AS OF 04/2024) | 0.5 | — |
Recent News & Activity
Recent developments and announcements
Received a $1.2M Walmart Foundation grant to advance food equity initiatives
EFI Awarded $1.2M Walmart Foundation GrantAnnounced 2023 student scholarship winners
Equitable announces 2023 student scholarship winnersCongratulated 2024 Equitable Excellence Scholarship® recipients
Equitable Congratulates 2024 Equitable Excellence Scholarship\xAE RecipientsAnnounced recipients of the 2025 Equitable Excellence Scholarship®
Equitable Congratulates 2024 Equitable Excellence Scholarship\xAE RecipientsRelated Funders
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Data last updated April 2026. Sourced from IRS Form 990-PF filings. Research dossier generated April 2026.
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