The Elms Foundation

PROVIDENCE, RI EIN: 05-0450051

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.

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.

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

2states

Cities

BostonOrlandoVineyard Haven

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$5M$10M$15M$20M2020
Metric2020
Total Assets
Revenue$-22,907
Expenses$18,326,200
Qualifying Distributions
Net Investment Income$311,331
Distributable Amount$709,873

Giving Over Time

Total grant dollars and number of grants per year

$0$5M$9M$14M$18M3 grants2020

Grant Insights

How this funder distributes its grants

Top Recipients

Top 3 recipients in 2020

ELMS FAMILY DONOR ADVISE…$17.9MMFG SCHOLARSHIP PROGRAM …$170KMARTHA'S VINEYARD YMCA$20K

Grant Size Distribution

3 grants across all recorded years

1<$50K$50–100K1$100–250K$250–500K$500K–1M$1–5M1$5M+

Giving History

Grant recipients and amounts by year

Among its reported 2020 grants, the largest 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).

RecipientPurposeAmount
ELMS FAMILY DONOR ADVISED FUND CO SCHWAB CHARITABLE ORLANDO, FLGENERAL SUPPORT$17,925,401
MARTHA'S VINEYARD YMCA VINEYARD HAVEN, MAGENERAL SUPPORT$20,000
MFG SCHOLARSHIP PROGRAM CO THE PHILANTHROPIC INITIATIVE BOSTON, MAGENERAL SUPPORT$170,000

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2020 IRS filing

From 2020 filing

NameTitleHoursCompensation
STANLEY GOLDSTEINPRESIDENT/TREASURY/DIRECTOR1
MERLE F GOLDSTEINSECRETARY/DIRECTOR1
EUGENE S GOLDSTEINDIRECTOR1
LARRY M GOLDSTEINDIRECTOR1

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 April 2026. Sourced from IRS Form 990-PF filings.

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