Essential Initiatives Inc
Essential Initiatives Inc is a private foundation, based in Bryn Mawr, PA. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $1.1M in total assets. In 2024, it awarded 1 grant totaling $5K.
Key facts about Essential Initiatives Inc
- EIN
- 82-5049381
- Latest 990 filing
- Form 990-PF, 2024
- Annual giving (2024)
- $5,328
- Grants made (2024)
- 1
- Average grant
- $5,328
- Median grant
- $5,328
- Total assets
- $1,105,396
- Primary geography
- Pennsylvania (100% of itemized 2024 grant dollars)
Data from IRS Form 990-PF, 2024; updated September 2026.
How Essential Initiatives Inc gives
- Giving fell 99% from 2021 to 2024. Method
- In 2024 it paid out 119% of its IRS minimum distribution (the 5% rule). Method
From the foundation's IRS Form 990-PF filings. Methodology.
Next steps with Essential Initiatives Inc
- How to evaluate Essential Initiatives Inc as a funder
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Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$1.1M
+23.5% YoY
Annual Giving
$5K
-90.4% YoY
Grant Count
1
-50.0% YoY
Avg Grant Size
$5K
-80.9% YoY
Under IRS private-foundation payout rules, Essential Initiatives Inc reported a distributable amount of $47K for 2024 — the minimum it must pay out in qualifying distributions.
About Essential Initiatives Inc
Based on IRS filings
Essential Initiatives Inc is a private foundation, based in Bryn Mawr, PA. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $1.1M in total assets. In 2024, it awarded 1 grant totaling $5K.
Ready to take the next step with Essential Initiatives Inc?
Geographic Focus
Where this funder awards grants
Grant Distribution by State
Share of all 1 itemized 2024 grant dollars.
States
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $1,105,396 | $895,057 | $9,053 |
| Revenue | $266,868 | $263,024 | $2,288 |
| Expenses | $56,529 | $103,288 | $7,483 |
| Qualifying Distributions | $56,215 | $55,710 | $7,483 |
| Net Investment Income | — | — | — |
| Distributable Amount | $47,110 | — | — |
Data update history
When this profile's IRS filing data changed on Grantable
- IRS filings on file for fiscal years 2020–2024
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
6 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest recipients include See Attached ($5,328).
| Recipient | Purpose | Amount |
|---|---|---|
| SEE ATTACHED Bryn Mawr, PA | Grant recipients apply to the assistance with their utility obligations through the AquaAid program. Recipients are unrelated to the foundation manager or substantial contributor. | $5,328 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
No officer or director reported compensation in the available filings.
From 2024 IRS filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| See Attached | See Attached | — | — |
Frequently Asked Questions
How large is Essential Initiatives Inc?
As of 2024, Essential Initiatives Inc holds $1.1M in total assets with $267K in annual revenue. It awarded 1 grant totaling $5K in 2024.
Where does Essential Initiatives Inc operate?
Essential Initiatives Inc has awarded grants in Pennsylvania.
What size grants does Essential Initiatives Inc award?
In 2024, Essential Initiatives Inc awarded 1 grant totaling $5K — an average of about $5K per grant, based on its IRS Form 990 filings.
How much is Essential Initiatives Inc required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, Essential Initiatives Inc reported a distributable amount of $47K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is Essential Initiatives Inc's EIN?
Essential Initiatives Inc's EIN (Employer Identification Number) is 82-5049381. IRS Form 990 filing data is available on this page for 2020–2024.
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Data last updated September 2026. Sourced from IRS Form 990-PF filings.