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 grants totaling $5K.
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 grants totaling $5K.
Ready to take the next step with Essential Initiatives Inc?
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 | $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 | — | — |
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 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
From 2024 IRS filing
From 2024 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 grants 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 grants 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 April 2026. Sourced from IRS Form 990-PF filings.
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