The Elevate Prize Foundation Inc logo

The Elevate Prize Foundation Inc

MIAMI, FL EIN: 82-4411649 Website

The Elevate Prize Foundation Inc is a 501(c)(3) nonprofit organization and private operating foundation headquartered in Miami, Florida, with a presence in Kenya. Founded in 2019 by businessman, philanthropist, and author Joseph Deitch, the organization operates as a philanthropic entity dedicated to amplifying social impact leaders and changemakers globally. The foundation employs 18 people and operates on a mission to "Make Good Famous" — bringing visibility to the work of changemakers, creating a fanbase for good, and inspiring action on an international scale.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$1.5M

-69.9% YoY

Annual Giving

$4.9M

+17.9% YoY

Grant Count

92

+10.8% YoY

Avg Grant Size

$53K

+6.3% YoY

Research compiled by Grantable AI from public sources. Last updated April 2026.

Mission & Focus Areas

The Elevate Prize Foundation's core mission is to empower changemakers worldwide with funding, media visibility, and support to make good famous. The organization is committed to ensuring that people driving positive change receive recognition and influence comparable to celebrities, and that the communities and issues they champion are seen, understood, and valued.

The foundation's funding interests include relief of the poor, disaster relief, healthcare, affordable housing, education, religion, arts, scientific research, and environmental protection. Support services provided to recipients include professional management and development services, mentorship and counseling, educational training, capacity building, and connection with experts.

Grantmaking

The Elevate Prize Foundation operates three primary grant programs:

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Geographic Focus

Where this funder awards grants

The foundation funds primarily in California, New York, and the District of Columbia, with international reach. The organization maintains a presence in Kenya in addition to its Miami headquarters.

Grant Distribution by State

30states
+22 more states

Cities

AlexandriaAmesburyAnchorageAtlantaAuroraAustinBaltimoreBartowBelleroseBillingsBostonBozemanBridgeviewBronxBrooklynBurbankCanoga ParkChapel HillChicagoCollege Park

Financial History

Multi-year comparison from IRS filings

Most Recent Financial Data (2023):

  • Total Assets: $5,132,226
  • Total Revenues: $938,331
  • Total Expenses: $11,812,682
  • Total Giving: $4,869,814
  • Number of Employees: 11

Historical Data (2022):

  • Total Assets: $15.9M
  • Total Revenues: $334,000
  • Total Expenses: $9.6M
  • Total Liabilities: $133,000

The foundation is tax-exempt since July 2020 (EIN: 82-4411649).

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$6M$12M$18M$24M20202021202220232024
Metric202420232022
Total Assets$1,543,319$5,132,226$15,915,657
Revenue$10,922,580$938,331$334,259
Expenses$14,400,688$11,812,682$9,597,918
Qualifying Distributions$14,317,446$12,038,959$9,540,567
Net Investment Income$379,472$922,807$348,814
Distributable Amount

Giving Over Time

Total grant dollars and number of grants per year

$0$1M$2M$4M$5M23 grants202031 grants202146 grants202283 grants202392 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 10 recipients in 2024

BRILLIANT DETROIT$150KAMNA$125KAPOPO$125KASYLUM ACCESS$125KBISCAYNE BAY WATERKEEPER$125KCLEAN START SOLUTIONS KE…$125KEARTHENABLE$125KFOOD FOR EDUCATION$125KFORWARD IMPACT$125KFREEFROM$125K

Grant Size Distribution

200 grants across all recorded years

104<$50K45$50–100K41$100–250K10$250–500K$500K–1M$1–5M$5M+

Giving History

Grant recipients and amounts by year

No grants recorded for .

Leadership & Key People

Leadership team and compensation from IRS filings

Joseph Deitch founded The Elevate Prize Foundation in 2019. He is described as a businessman, philanthropist, and author who was inspired to drive change through both financial support and by building powerful platforms to tell changemakers' stories in ways that resonate with audiences around the world.

Compensation Overview

From 2024 IRS filing

CAROLINA GARCIA JAYA…DIRECTOR & CEO$498K

From 2024 filing

NameTitleHoursCompensation
JOSEPH S DEITCHDIRECTOR & PRESIDENT8
MATTHEW F DEITCHDIRECTOR & VICE PRESIDENT2
ERIC B BRENMANDIRECTOR & SECRETARY/TREASURER1.5
SANJIV MIRCHANDANIDIRECTOR2
CAROLINA GARCIA JAYARAMDIRECTOR & CEO40$498,462

Recent News & Activity

Recent developments and announcements

2026

In 2026, the Elevate Prize Foundation announced new global changemakers as winners and launched a campaign in Times Square to put social good in the spotlight. Winners of the Elevate Prize receive more than $300,000 in funding and participate in programs designed to help them better tell their own stories and amplify their impact.

2026 Elevate Prize Winners Announced

Subject Areas

Focus areas based on grantmaking activity

Related Funders

Similar funders by location and focus area

Data last updated April 2026. Sourced from IRS Form 990-PF filings. Research dossier generated April 2026.

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