The Elms Foundation
The Elms Foundation is a private foundation, based in Providence, RI. IRS filing data is available for 2020. In 2020, it awarded 3 grants totaling $18.1M. Net investment income was $311K.
Key facts about The Elms Foundation
- EIN
- 05-0450051
- Latest 990 filing
- Form 990-PF, 2020
- Annual giving (2020)
- $18,115,401
- Grants made (2020)
- 3
- Average grant
- $6,038,467
- Median grant
- $170,000
- Primary geography
- Florida (99% of itemized 2020 grant dollars)
Data from IRS Form 990-PF, 2020; updated September 2026.
Who The Elms Foundation funds
By grant dollars, the top recipient states for The Elms Foundation's 3 itemized 2020 grants were Florida (99%). 100% of grants with a stated purpose were for general or operating support.
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Financial Overview
From 2020 IRS Form 990-PF · View filing
Total Assets
—
Annual Giving
$18.1M
Grant Count
3
Avg Grant Size
$6.0M
Under IRS private-foundation payout rules, The Elms Foundation reported a distributable amount of $710K for 2020 — the minimum it must pay out in qualifying distributions.
About The Elms Foundation
Based on IRS filings
The Elms Foundation is a private foundation, based in Providence, RI. IRS filing data is available for 2020. In 2020, it awarded 3 grants totaling $18.1M. Net investment income was $311K.
Ready to take the next step with The Elms Foundation?
Geographic Focus
Where this funder awards grants
Grant Distribution by State
Share of all 3 itemized 2020 grant dollars.
States
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2020 |
|---|---|
| Total Assets | — |
| Revenue | $-22,907 |
| Expenses | $18,326,200 |
| Qualifying Distributions | — |
| Net Investment Income | $311,331 |
| Distributable Amount | $709,873 |
Data update history
When this profile's IRS filing data changed on Grantable
- IRS filings on file for fiscal year 2020
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 3 recipients in 2020
Grant Size Distribution
3 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2020 grants, the largest recipients include Elms Family Donor Advised Fund Co Schwab Charitable ($17,925,401), MFG Scholarship Program Co the Philanthropic Initiative ($170,000), Martha's Vineyard YMCA ($20,000).
| Recipient | Purpose | Amount |
|---|---|---|
| ELMS FAMILY DONOR ADVISED FUND CO SCHWAB CHARITABLE Orlando, FL | GENERAL SUPPORT | $17,925,401 |
| MFG SCHOLARSHIP PROGRAM CO THE PHILANTHROPIC INITIATIVE Boston, MA | GENERAL SUPPORT | $170,000 |
| MARTHA'S VINEYARD YMCA Vineyard Haven, MA | GENERAL SUPPORT | $20,000 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
No officer or director reported compensation in the available filings.
From 2020 IRS filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| Stanley Goldstein | President/Treasury/Director | 1 | — |
| Merle F Goldstein | Secretary/Director | 1 | — |
| Eugene S Goldstein | Director | 1 | — |
| Larry M Goldstein | Director | 1 | — |
Frequently Asked Questions
Where does The Elms Foundation operate?
The Elms Foundation has awarded grants in Florida, Massachusetts.
What size grants does The Elms Foundation award?
In 2020, The Elms Foundation awarded 3 grants totaling $18.1M — an average of about $6.0M per grant, based on its IRS Form 990 filings.
How much is The Elms Foundation required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2020, The Elms Foundation reported a distributable amount of $710K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is The Elms Foundation's EIN?
The Elms Foundation's EIN (Employer Identification Number) is 05-0450051. IRS Form 990 filing data is available on this page for 2020.
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Data last updated September 2026. Sourced from IRS Form 990-PF filings.