The Elliot Foundation Inc

Foundation · Grantmaker Charleston, WV EIN: 26-2253829

The Elliot Foundation Inc is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in Charleston, WV. IRS filing data is available from 2021 through 2024. As of 2024, the organization holds $32.6M in total assets. In 2024, it awarded 11 grants totaling $2.1M. Net investment income was $814K.

Key facts about The Elliot Foundation Inc

EIN
26-2253829
Latest 990 filing
Form 990-PF, 2024
Annual giving (2024)
$2,142,080
Grants made (2024)
11
Average grant
$194,735
Median grant
$10,000
New grantees (estimate)
45% first-time grantees (5 of 11, 2024)
Total assets
$32,557,060
Primary geography
Ohio (82% of itemized 2024 grant dollars)

Data from IRS Form 990-PF, 2024; updated September 2026. New grantees are estimated by matching recipient names across years (methodology).

Who The Elliot Foundation Inc funds

By grant dollars, the top recipient states for The Elliot Foundation Inc's 11 itemized 2024 grants were Ohio (82%) and West Virginia (18%). The most frequent recipient cities were Charleston, WV (8 grants). None of its 11 grants with a stated purpose were described as general or operating support. Recurring purposes include "Support" (11 grants).

Is The Elliot Foundation Inc open to new grantees?

45%

first-time grantees, 2024

In 2024, 5 of 11 grantees (45%) were first-time recipients. First grants averaged $25K; repeat grants $336K. How we count

Medians: $3K first-time, $29K repeat.

  • 27% of 2024 grantees were also funded in 2023. Method
  • Giving grew 242% from 2021 to 2024. Method
  • In 2024 it paid out 123% of its IRS minimum distribution (the 5% rule). Method

Estimate from itemized IRS Form 990-PF grant lists (2021–2024). Recipient names are matched across years, so a renamed or misspelled grantee can look new; grants to individuals are left out. Methodology.

Next steps with The Elliot Foundation Inc

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$32.6M

+1.3% YoY

Annual Giving

$2.1M

+7550.3% YoY

Grant Count

11

+175.0% YoY

Avg Grant Size

$195K

+2681.9% YoY

Under IRS private-foundation payout rules, The Elliot Foundation Inc reported a distributable amount of $1.7M for 2024 — the minimum it must pay out in qualifying distributions.

About The Elliot Foundation Inc

Based on IRS filings

The Elliot Foundation Inc is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in Charleston, WV. IRS filing data is available from 2021 through 2024. As of 2024, the organization holds $32.6M in total assets. In 2024, it awarded 11 grants totaling $2.1M. Net investment income was $814K.

Your AI grants department

Ready to take the next step with The Elliot Foundation Inc?

Fully replaces Grant database subscriptions Instrumentl · Foundation Directory · GrantStation & similar

Geographic Focus

Where this funder awards grants

Grant Distribution by State

4states

Share of all 11 itemized 2024 grant dollars.

Cities

CharlestonKentHamlinHudsonMchenryNew York

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$4M$9M$13M$17M2021202220232024
Metric202420232022
Total Assets$32,557,060$32,149,013$16,383,493
Revenue$2,679,062$15,864,475$466,337
Expenses$2,275,572$98,980$1,508,771
Qualifying Distributions$2,142,080$28,000$1,443,333
Net Investment Income$814,247$320,025$337,790
Distributable Amount$1,747,581$781,505$788,844

Data update history

When this profile's IRS filing data changed on Grantable

  1. IRS filings on file for fiscal years 2021–2024

Giving Over Time

Total grant dollars and number of grants per year

$0$536K$1M$2M$2M12 grants20217 grants20224 grants202311 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 10 recipients in 2024

Kent State University Foundation: $1.7MKent State UniversityFoundation$1.7MUniversity of Charleston: $203KUniversity of Charleston$203KWest Virginia Symphony Orchestra: $70KWest Virginia SymphonyOrchestra$70KThe Clay Center: $50KThe Clay Center$50KCamc Foundation: $48KCamc Foundation$48KYMCA of Kanawha Valley: $10KYMCA of Kanawha Valley$10KRead-a-Loud WV: $6KRead-a-Loud WV$6KYWCA Charleston: $3KYWCA Charleston$3KSaint Christopher's Episcopal Church: $3KSaint Christopher's EpiscopalChurch$3KWestern Reserve Academy: $2KWestern Reserve Academy$2K

Grant Size Distribution

34 grants across all recorded years

24<$50K3$50–100K3$100–250K2$250–500K$500K–1M2$1–5M$5M+

Giving History

Grant recipients and amounts by year

Among its reported 2024 grants, the largest recipients include Kent State University Foundation ($1,747,813), University of Charleston ($202,500), West Virginia Symphony Orchestra ($70,000).

RecipientPurposeAmount
KENT STATE UNIVERSITY FOUNDATION Kent, OHSUPPORT$1,747,813
UNIVERSITY OF CHARLESTON Charleston, WVSUPPORT$202,500
WEST VIRGINIA SYMPHONY ORCHESTRA Charleston, WVSUPPORT$70,000
THE CLAY CENTER Charleston, WVSUPPORT$50,000
CAMC FOUNDATION Charleston, WVSUPPORT$47,667
YMCA OF KANAWHA VALLEY Charleston, WVSUPPORT$10,000
READ-A-LOUD WV Charleston, WVSUPPORT$6,000
YWCA CHARLESTON Charleston, WVSUPPORT$3,000
SAINT CHRISTOPHER'S EPISCOPAL CHURCH Charleston, WVSUPPORT$3,000
WESTERN RESERVE ACADEMY Hudson, OHSUPPORT$2,000

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

NameTitleHoursCompensation
John R ElliotDirector/President1—
Fonda J ElliotDirector/Vice President1—
Andrew M ElliotDirector/Secretary/Treasur1—

Subject Areas

Focus areas based on grantmaking activity

Frequently Asked Questions

What is The Elliot Foundation Inc?

The Elliot Foundation Inc is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in Charleston, WV. It holds $32.6M in total assets as of 2024.

How large is The Elliot Foundation Inc?

As of 2024, The Elliot Foundation Inc holds $32.6M in total assets with $2.7M in annual revenue. It awarded 11 grants totaling $2.1M in 2024.

Where does The Elliot Foundation Inc operate?

The Elliot Foundation Inc has awarded grants in Maryland, New York, Ohio, West Virginia.

What size grants does The Elliot Foundation Inc award?

In 2024, The Elliot Foundation Inc awarded 11 grants totaling $2.1M — an average of about $195K per grant, based on its IRS Form 990 filings.

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

Private foundations must generally distribute about 5% of their assets annually. For 2024, The Elliot Foundation Inc reported a distributable amount of $1.7M on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.

What is The Elliot Foundation Inc's EIN?

The Elliot Foundation Inc's EIN (Employer Identification Number) is 26-2253829. IRS Form 990 filing data is available on this page for 2021–2024.

Explore Open Grants

Browse active grant opportunities in The Elliot Foundation Inc's focus areas in our free grants database

Similar Funders

Funders that support many of the same organizations

More Funders in West Virginia

Data last updated September 2026. Sourced from IRS Form 990-PF filings.

Your AI grants department

Here's the math on researching The Elliot Foundation Inc by hand.