The Erickson Foundation

PARKERSBURG, WV EIN: 55-0722731

The Erickson Foundation is a private foundation, based in PARKERSBURG, WV. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $1.5M in total assets. In 2024, it awarded 6 grants totaling $127K. Net investment income was $96K.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$1.5M

+1.6% YoY

Annual Giving

$127K

+1.6% YoY

Grant Count

6

+50.0% YoY

Avg Grant Size

$21K

-32.3% YoY

Under IRS private-foundation payout rules, The Erickson Foundation reported a distributable amount of $89K for 2024 — the minimum it must pay out in qualifying distributions.

About The Erickson Foundation

Based on IRS filings

The Erickson Foundation is a private foundation, based in PARKERSBURG, WV. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $1.5M in total assets. In 2024, it awarded 6 grants totaling $127K. Net investment income was $96K.

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

1states

Cities

HuntingtonMorgantownParkersburg

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$67K$134K$200K$267K20202021202220232024
Metric202420232022
Total Assets$1,545,000$1,520,782$1,622,223
Revenue$131,539$82,871$195,811
Expenses$177,321$184,312$187,631
Qualifying Distributions$127,000$125,000$120,000
Net Investment Income$95,922$56,748$149,562
Distributable Amount$88,779$82,261$83,734

Giving Over Time

Total grant dollars and number of grants per year

$0$32K$64K$95K$127K4 grants20203 grants20213 grants20224 grants20236 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 6 recipients in 2024

WVUP FOUNDATION$50KWVU FOUNDATION - WEST VI…$35KMARSHALL UNIVERSITY FOUN…$20KMARSHALL UNIVERSITY FOUN…$15KWING 2 WING FOUNDATION$5KMARSHALL UNIVERSITY FOUN…$2K

Grant Size Distribution

20 grants across all recorded years

17<$50K3$50–100K$100–250K$250–500K$500K–1M$1–5M$5M+

Giving History

Grant recipients and amounts by year

Among its reported 2024 grants, the largest include Wvup Foundation ($50,000), Wvu Foundation - West Virginia Univ ($35,000), Marshall University Foundation ($20,000).

RecipientPurposeAmount
MARSHALL UNIVERSITY FOUNDATION HUNTINGTON, WVSTUDENT EXPERIENTIAL LEARNING$20,000
MARSHALL UNIVERSITY FOUNDATION HUNTINGTON, WVMARSHALL ALUMNI ASSOCIATION GEN FUND$15,000
WVU FOUNDATION - WEST VIRGINIA UNIV MORGANTOWN, WVFOCUSED ULTRASOUND THERAPEUTICS$35,000
WING 2 WING FOUNDATION HUNTINGTON, WVWOMEN WARRIORS SUMMIT$5,000
MARSHALL UNIVERSITY FOUNDATION HUNTINGTON, WVACADEMIC ACCOUNTING DEPARTMENT$2,000
WVUP FOUNDATION PARKERSBURG, WVFACULTY CHAIR IN ENTREPRENEURSHIP$50,000

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

From 2024 filing

NameTitleHoursCompensation
KATHY G EDDYTRUSTEE
LAURIE A ERICKSONTRUSTEE

Frequently Asked Questions

How large is The Erickson Foundation?

As of 2024, The Erickson Foundation holds $1.5M in total assets with $132K in annual revenue. It awarded 6 grants totaling $127K in 2024.

Where does The Erickson Foundation operate?

The Erickson Foundation has awarded grants in West Virginia.

What size grants does The Erickson Foundation award?

In 2024, The Erickson Foundation awarded 6 grants totaling $127K — an average of about $21K per grant, based on its IRS Form 990 filings.

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

Private foundations must generally distribute about 5% of their assets annually. For 2024, The Erickson Foundation reported a distributable amount of $89K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.

What is The Erickson Foundation's EIN?

The Erickson Foundation's EIN (Employer Identification Number) is 55-0722731. 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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