The Erickson Foundation

Foundation · Grantmaker 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

+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

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

West Virginia $547K (100%)

States

West Virginia

Cities

HuntingtonMorgantownParkersburg

Financial History

Multi-year comparison from IRS filings

Revenue

Expenses

Qualifying Distributions

Net Investment Income

Metric	2024	2023	2022
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

Grant Insights

How this funder distributes its grants

Top Recipients

Top 6 recipients in 2024

Grant Size Distribution

20 grants across all recorded years

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).

Recipient	Purpose	Amount
MARSHALL UNIVERSITY FOUNDATION HUNTINGTON, WV	STUDENT EXPERIENTIAL LEARNING	$20,000
MARSHALL UNIVERSITY FOUNDATION HUNTINGTON, WV	MARSHALL ALUMNI ASSOCIATION GEN FUND	$15,000
WVU FOUNDATION - WEST VIRGINIA UNIV MORGANTOWN, WV	FOCUSED ULTRASOUND THERAPEUTICS	$35,000
WING 2 WING FOUNDATION HUNTINGTON, WV	WOMEN WARRIORS SUMMIT	$5,000
MARSHALL UNIVERSITY FOUNDATION HUNTINGTON, WV	ACADEMIC ACCOUNTING DEPARTMENT	$2,000
WVUP FOUNDATION PARKERSBURG, WV	FACULTY CHAIR IN ENTREPRENEURSHIP	$50,000

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

From 2024 filing

Name	Title	Hours	Compensation
KATHY G EDDY	TRUSTEE	—	—
LAURIE A ERICKSON	TRUSTEE	—	—

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.