Ernest B Ellis Foundation

Private foundation Boston, MA EIN: 61-6208191
AcademicsStudentsEducation

Ernest B Ellis Foundation is a private foundation focused on Academics, based in Boston, MA. IRS filing data is available from 2019 through 2025. As of 2025, the organization holds $3.3M in total assets. In 2025, it made $94K in qualifying distributions. Net investment income was $195K.

Key facts about Ernest B Ellis Foundation

EIN
61-6208191
Latest 990 filing
Form 990-PF, 2025
Total assets
$3,278,654

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

Financial Overview

From 2025 IRS Form 990-PF · View filing

Total Assets

$3.3M

+6.1% YoY

Revenue

$199K

+50.9% YoY

Qualifying Distributions

$94K

+0.3% YoY

Expenses

$14K

+10.4% YoY

Under IRS private-foundation payout rules, Ernest B Ellis Foundation reported a distributable amount of $108K for 2025 — the minimum it must pay out in qualifying distributions.

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Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$100K$200K$300K2019 2020 2021 2022 2023 2024 2025
Metric202520242023
Total Assets$3,278,654$3,089,836$2,969,656
Revenue$198,798$131,775$113,526
Expenses$13,706$12,415$15,918
Qualifying Distributions$93,641$93,384$75,170
Net Investment Income$194,618$72,676$116,333
Distributable Amount$108,194$100,713$93,645

Data update history

When this profile's IRS filing data changed on Grantable

  1. Updated Form 990-PF for fiscal year 2024 (received by the IRS May 14, 2025)
  2. Updated Form 990-PF for fiscal year 2025 (received by the IRS May 14, 2026)
  3. Added Form 990-PF for fiscal year 2019 (received by the IRS July 13, 2020)
  4. Updated Form 990-PF for fiscal year 2020 (received by the IRS May 12, 2021)
  5. Updated Form 990-PF for fiscal year 2021 (received by the IRS May 13, 2022)
  6. Updated Form 990-PF for fiscal year 2022 (received by the IRS May 31, 2023)
  7. Updated Form 990-PF for fiscal year 2023 (received by the IRS May 14, 2024)

Leadership & Key People

Officers and directors from IRS filings

Ernest B Ellis Foundation's only listed officer is State Strret Global Advisors TR CO, Agent on every filing since 2023 (compensated).

Officers on the 2025 filing

  • State Strret Global Advisors TR CO

    Agent

    On filings since 2023

    1 hr/week

    $10K (2023) → $12K (2025)

Former officers (1)
  • Former: State Street Global Advisors TR CO (2019–2022) — Agent

Data from IRS Form 990 filings, 2019–2025. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.

Compensation Overview

From 2025 IRS filing

State Strret Global Advisors Tr CO — Agent: $12KState Strret Global…Agent$12K

The highest reported compensation on the 2025 filing was $12K, to State Strret Global Advisors Tr CO (Agent).

Frequently asked questions about Ernest B Ellis Foundation

How large is Ernest B Ellis Foundation?

Ernest B Ellis Foundation reported $3.3M in total assets on its 2025 IRS Form 990-PF. It paid out $94K in qualifying distributions that year, against a required minimum of $108K (roughly 5% of its investment assets). Falling short in one year is not a violation: foundations have until the end of the next year to meet the minimum.

What is Ernest B Ellis Foundation?

Ernest B Ellis Foundation is a private foundation focused on Academics, based in Boston, MA. It holds $3.3M in total assets as of 2025.

What is Ernest B Ellis Foundation's EIN?

Ernest B Ellis Foundation's EIN (Employer Identification Number) is 61-6208191. IRS Form 990 filing data is available on this page for 2019–2025.

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

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