Foundation For Educational Enrichment Inc is a private foundation focused on Education, based in RALEIGH, NC. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $47K in total assets. In 2024, it awarded 19 grants totaling $2K. Net investment income was $2K.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$47K
-2.2% YoY
Annual Giving
$2K
-7.1% YoY
Grant Count
19
+18.8% YoY
Avg Grant Size
$128.158
-21.7% YoY
Under IRS private-foundation payout rules, Foundation For Educational Enrichment Inc reported a distributable amount of $2K for 2024 — the minimum it must pay out in qualifying distributions.
About Foundation For Educational Enrichment Inc
Based on IRS filings
Foundation For Educational Enrichment Inc is a private foundation focused on Education, based in RALEIGH, NC. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $47K in total assets. In 2024, it awarded 19 grants totaling $2K. Net investment income was $2K.
Focus Areas
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Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $46,896 | $47,971 | $40,317 |
| Revenue | $2,371 | $12,345 | $1,401 |
| Expenses | $3,446 | $4,691 | $3,150 |
| Qualifying Distributions | $5,817 | $14,691 | $3,150 |
| Net Investment Income | $1,888 | $2,345 | $588 |
| Distributable Amount | $2,300 | $2,354 | $2,021 |
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
81 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include Diana P Ingria Palma ($240), Camila Soria Muoz ($240), Rafael A Cano Granados ($210).
| Recipient | Purpose | Amount |
|---|---|---|
| Evelyn A Ramirez Silva | Primary School Scholarship | $150 |
| Julio Cesar Chaves Calderon | Secondary School Scholarship | $10 |
| Evelyn J Vargas Fuentes | Primary School Scholarship | $120 |
| Tadeo Martnez Hernndez | Secondary School Scholarship | $180 |
| Rafael A Cano Granados | Secondary School Scholarship | $210 |
| Miguel A Ortiz Flores | Secondary School Scholarship | $180 |
| Jess M Rincn Gonzlez | Secondary School Scholarship | $180 |
| Estela Calderon Aguilar | Secondary School Scholarship | $60 |
| Martin Enriquez Reyes Garcia | Preparatory School Scholarship | $120 |
| Elsa V Vargas Fuentes | Prepartory School Scholarship | $120 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| Rosario Z Kandell | VPSecretary | 1 | — |
| Thomas W Kandell | PresidentTreasurer | 1 | — |
| Fidel Kandell | Board Member | 1 | — |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is Foundation For Educational Enrichment Inc?
Foundation For Educational Enrichment Inc is a private foundation focused on Education, based in RALEIGH, NC. It holds $47K in total assets as of 2024.
How large is Foundation For Educational Enrichment Inc?
As of 2024, Foundation For Educational Enrichment Inc holds $47K in total assets with $2K in annual revenue. It awarded 19 grants totaling $2K in 2024.
What size grants does Foundation For Educational Enrichment Inc award?
In 2024, Foundation For Educational Enrichment Inc awarded 19 grants totaling $2K — an average of about $128.158 per grant, based on its IRS Form 990 filings.
How much is Foundation For Educational Enrichment Inc required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, Foundation For Educational Enrichment Inc reported a distributable amount of $2K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is Foundation For Educational Enrichment Inc's EIN?
Foundation For Educational Enrichment Inc's EIN (Employer Identification Number) is 06-1501424. 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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