The Foundation for the Eradication of

Private foundation · Grantmaker Wilmington, DE EIN: 85-2888716

The Foundation for the Eradication of is a private foundation, based in Wilmington, DE. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $694K in total assets. In 2024, it made $323K in qualifying distributions. Net investment income was $5K.

The Foundation for the Eradication of at a glance

Total assets
$693,673
-31.7% vs 2023
Revenue (2024)
$1,362
-83.9% vs 2023
Qualifying distributions (2024)
$322,963
-47.9% vs 2023
Expenses (2024)
$322,963
-48.1% vs 2023
Latest 990 filing
Form 990-PF, 2024 View filing

Data from IRS Form 990-PF, 2024; updated September 2026.

Who The Foundation for the Eradication of funds

How this funder distributes its grants

Grant Size Distribution

11 grants across all recorded years

7<$50K1$50–100K3$100–250K$250–500K$500K–1M$1–5M$5M+

The most common grant size was under $50K: 7 grants of 11 (64%).

Geographic Focus

Where this funder awards grants

Grant Distribution by State

5states

Cities

San FranciscoNovatoSeafordBaltimoreDoylestownWilmington

How The Foundation for the Eradication of gives

  • In 2024 it paid out 796% of its IRS minimum distribution (the 5% rule). Method

From the foundation's IRS Form 990-PF filings. Methodology.

Giving History

Giving Over Time

Total grant dollars and number of grants per year

$0$100K$200K$300K0 grants2020 5 grants2021 3 grants2022 3 grants2023 0 grants2024

From 2021 to 2023, annual grant giving ranged from $50K (2022) to $300K (2023). In 2023 it made 3 grants totaling $300K.

Grants by year

Grant recipients and amounts by year

RecipientPurposeAmount
Invincible Wellbeing Inc Wilmington, DEto accelerate Invincible Wellbeing's mission to minimize suffering through the operationalization and development of an open-source framework of prosocial, autonomous AI agents. THROUGH THIS SYSTEM OF COORDINATED COLLECTIVE HUMAN AND ARTIFICIAL INTELLIGENCE, WE AIM TO RADICALLY ACCELERATE PROGRESS TOWARD THE END OF DEMENTIA AND MENTAL ILLNESS.$100,000
Lifespan Extension Advocacy Foundation Inc Seaford, NYto support Lifespan.io in accelerating its mission through the operationalization and development of an open-source, self-improving framework of autonomous agents for good. THROUGH THIS SYSTEM OF COORDINATED COLLECTIVE HUMAN AND ARTIFICIAL INTELLIGENCE, WE AIM TO RADICALLY ACCELERATE PROGRESS TOWARD THE END OF DEMENTIA AND MENTAL ILLNESS.$100,000
The Foresight Institute San Francisco, CAto support the Foresight Institute's mission to maximize societal Intelligent Voluntary Cooperation through the operationalization and development of an open-source framework of prosocial AI agents to mitigate the risks of malevolent AI and drive down the costs of producing public goods for humanity. THROUGH THIS SYSTEM OF COORDINATED COLLECTIVE HUMAN AND ARTIFICIAL INTELLIGENCE, WE AIM TO RADICALLY ACCELERATE PROGRESS TOWARD THE END OF DEMENTIA AND MENTAL ILLNESS.$100,000
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Financial History

Multi-year comparison from IRS filings

Figures from IRS filings, by filing year
Filing yearTotal AssetsRevenueExpensesGrants paidGrantsQualifying DistributionsNet Investment IncomeDistributable Amount
2024$693,673$1,362$322,963——$322,963$5,049$40,572
2023$1,015,274$8,439$621,759$300,0003$620,159$9,107$59,879
2022$1,628,594$-19,762$359,989$50,0003$358,589$22,197$73,222
2021$2,008,345$-282,018$330,816$103,0005$309,816$1,572,796$82,740
2020$2,621,179$2,628,148$6,969———$7$9,091

Under IRS private-foundation payout rules, The Foundation for the Eradication of reported a distributable amount of $41K for 2024 — the minimum it must pay out in qualifying distributions.

Leadership & Key People

Officers and directors from IRS filings

The Foundation for the Eradication of is led by Michael P Sinn, Director, President, Secretary & Treasurer on every filing since 2021 — the only officer listed, and compensated.

Officers on the 2024 filing

  • Michael P Sinn

    Director, President, Secretary & Treasurer

    On filings since 2021

    40 hrs/week

    $36K (2021) → $53K (2024)

Former officers (1)
  • Former: Mike P Sinn (2020) — Director, President, Secretary & Treasurer

Data from IRS Form 990 filings, 2020–2024. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.

Compensation Overview

From 2024 IRS filing

Michael P Sinn — Dir, Pres, Sec, Treas: $53KMichael P SinnDir, Pres, Sec, Treas$53K

The highest reported compensation on the 2024 filing was $53K, to Michael P Sinn (Dir, Pres, Sec, Treas).

Frequently asked questions about The Foundation for the Eradication of

How large is The Foundation for the Eradication of?

The Foundation for the Eradication of reported $694K in total assets on its 2024 IRS Form 990-PF. It paid out $323K in qualifying distributions that year, against a required minimum of $41K (roughly 5% of its investment assets).

Where does The Foundation for the Eradication of operate?

The Foundation for the Eradication of has awarded grants in California, Delaware, Maryland, New York, Pennsylvania.

What is The Foundation for the Eradication of's EIN?

The Foundation for the Eradication of's EIN (Employer Identification Number) is 85-2888716. IRS Form 990 filing data is available on this page for 2020–2024.

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

Data update history

(1)

When this profile's IRS filing data changed on Grantable

  1. IRS filings on file for fiscal years 2020–2024

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The filing figures on this page are open data under CC BY 4.0. About GrantGraph Open

Figures come from The Foundation for the Eradication of's IRS filings (methodology). AI-written summaries, news items and logos are not covered by the open licence. Spot an error? Email hello@grantable.co.

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