Excelerate Foundation Inc

FOLSOM, CA EIN: 52-1772345

Excelerate Foundation Inc is a private foundation, based in FOLSOM, CA. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $10.6M in total assets. In 2024, it awarded 18 grants totaling $338K. Net investment income was $654K.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$10.6M

+11.2% YoY

Annual Giving

$338K

-0.9% YoY

Grant Count

18

+12.5% YoY

Avg Grant Size

$19K

-11.9% YoY

Under IRS private-foundation payout rules, Excelerate Foundation Inc reported a distributable amount of $487K for 2024 — the minimum it must pay out in qualifying distributions.

About Excelerate Foundation Inc

Based on IRS filings

Excelerate Foundation Inc is a private foundation, based in FOLSOM, CA. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $10.6M in total assets. In 2024, it awarded 18 grants totaling $338K. Net investment income was $654K.

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

8states

Cities

BozemanBridgeportDavisGreenwichLouisvilleMs A FairfaxNew HavenNew YorkOld GreenwichPalmetto BayRiversideRowaytonSan FranciscoWashingtonWoodlandYonkers

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$192K$385K$577K$770K20202021202220232024
Metric202420232022
Total Assets$10,594,262$9,524,431$9,018,305
Revenue$699,884$308,731$402,656
Expenses$616,994$613,697$645,420
Qualifying Distributions$576,485$574,319$601,330
Net Investment Income$653,755$264,638$358,546
Distributable Amount$486,900$476,255$509,470

Giving Over Time

Total grant dollars and number of grants per year

$0$105K$210K$314K$419K19 grants202017 grants202120 grants202216 grants202318 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 10 recipients in 2024

UC Davis Foundation$60KThe Transgender District$55KUnited Way of Greenwich$45KMuhammad Ali Center$30KWe Are Family Foundation$25KGive us the Floor$20KInstitute for Stratetic …$18KGeorge Mason University …$12KGlenville Volunteer Fire…$10KTuleyome$10K

Grant Size Distribution

90 grants across all recorded years

80<$50K8$50–100K2$100–250K$250–500K$500K–1M$1–5M$5M+

Giving History

Grant recipients and amounts by year

Among its reported 2024 grants, the largest include UC Davis Foundation ($60,000), The Transgender District ($55,000), United Way of Greenwich ($45,000).

RecipientPurposeAmount
AIDSLifeCycle San Francisco, CASponsor riders of a cycling event, which raises funds for SF AIDS Foundation and community.$7,000
Transportation Association of Green Riverside, CTGeneral program support of the organization and to help meet budget shortfall. Organization specializes in transportation services for elderly disabled individuals and transportation for the disadvantaged of all ages.$8,000
UC Davis Foundation Davis, CAGrants to support staffing budgets of a specific program, as well as general program support for campus and public arboretum operations.$60,000
Greenwich Point Conservancy Old Greenwich, CTSponsor for annual fundraising event to support the renovation of historic buildings in town.$6,000
Glenville Volunteer Fire Company No Greenwich, CTSupport for fundraising event for volunteer firefighter company.$10,000
Tuleyome Woodland, CAGrant used to support repair and restoration of public lands, streams, trails, in several northern CA counties.$10,000
Muhammad Ali Center Louisville, KYFundraiser event sponsorship for organization whose charter is to mobilize Muhammad Ali's legacy to foster respect, inspire generations of changemakers, and advance social justice.$30,000
We Are Family Foundation New York, NYGrant for "Youth to the Front" program to support the organization's thats dedicated to the vision of a global family by creating and supporting programs that promote cultural diversity while nurturing and mentoring the vision, talents, and ideas of young people who are positively changing the world.$25,000
Give us the Floor San Francisco, CAGeneral support for organization that is helping teens deal with distress though unique peer support groups.$20,000
Icahn School of Medicine at Mt Sina New York, NYSupport for annual fundraising event. This organization seeks to help both prevent prostrate cancer and improve the qualify of life for those in treatment.$10,000

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

JONATHAN ALEX SLOANPresident$61KERNEST LEWISBoard Member$51KEDWARD DADAKISTreasurer$51KFARAH PANDITHSecretary$51K

From 2024 filing

NameTitleHoursCompensation
JONATHAN ALEX SLOANPresident10$60,500
ERNEST LEWISBoard Member6$50,500
EDWARD DADAKISTreasurer6$50,500
FARAH PANDITHSecretary6$50,500

Frequently Asked Questions

How large is Excelerate Foundation Inc?

As of 2024, Excelerate Foundation Inc holds $10.6M in total assets with $700K in annual revenue. It awarded 18 grants totaling $338K in 2024.

Where does Excelerate Foundation Inc operate?

Excelerate Foundation Inc has awarded grants in California, Connecticut, District of Columbia, Florida, Kentucky, Montana, New York, Virginia.

What size grants does Excelerate Foundation Inc award?

In 2024, Excelerate Foundation Inc awarded 18 grants totaling $338K — an average of about $19K per grant, based on its IRS Form 990 filings.

How much is Excelerate Foundation Inc required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2024, Excelerate Foundation Inc reported a distributable amount of $487K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.

What is Excelerate Foundation Inc's EIN?

Excelerate Foundation Inc's EIN (Employer Identification Number) is 52-1772345. 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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