Tom & Nancy Elsaesser Foundation
Tom & Nancy Elsaesser Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in SOLVANG, CA. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $296K in total assets. In 2024, it awarded 11 grants totaling $104K. Net investment income was $98K.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$296K
-15.3% YoY
Annual Giving
$104K
+10.6% YoY
Grant Count
11
+22.2% YoY
Avg Grant Size
$9K
-9.5% YoY
Under IRS private-foundation payout rules, Tom & Nancy Elsaesser Foundation reported a distributable amount of $30K for 2024 — the minimum it must pay out in qualifying distributions.
About Tom & Nancy Elsaesser Foundation
Based on IRS filings
Tom & Nancy Elsaesser Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in SOLVANG, CA. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $296K in total assets. In 2024, it awarded 11 grants totaling $104K. Net investment income was $98K.
Focus Areas
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $296,204 | $349,523 | $377,802 |
| Revenue | $99,188 | $67,810 | $11,058 |
| Expenses | $105,100 | $96,089 | $97,365 |
| Qualifying Distributions | $104,100 | $94,100 | $95,000 |
| Net Investment Income | $98,188 | $65,821 | $11,058 |
| Distributable Amount | $30,365 | — | — |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 10 recipients in 2024
Grant Size Distribution
58 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include People Helping People ($50,000), Direct Relief ($25,000), Cottage Hospital of Sta Ynez Valley ($10,000).
| Recipient | Purpose | Amount |
|---|---|---|
| AMERICAN WOMEN FOR INTERNATIONAL UN SCHAUMBERG, IL | UNRESTRICTED | $1,000 |
| PEOPLE HELPING PEOPLE SOLVANG, CA | UNRESTRICTED | $50,000 |
| SURFRIDER FOUNDATION SAN CLEMENTE, CA | VENTURA COUNTY CHAPTER | $1,000 |
| DIRECT RELIEF SANTA BARBARA, CA | GENERAL | $25,000 |
| ARTS OUTREACH LOS OLIVOS, CA | GENERAL | $1,000 |
| CARES 4PAWS SANTA BARBARA, CA | GENERAL | $2,000 |
| COTTAGE HOSPITAL OF STA YNEZ VALLEY SOLVANG, CA | UNRESTRICTED | $10,000 |
| STUART C GILDRED FAMILY YMCA SANTA YNEZ, CA | UNRESTRICTED | $2,000 |
| CALIFORNIA NATURE ART MUSEUM SOLVANG, CA | UNRESTRICTED | $1,000 |
| CANCER FOUNDATION OF SANTA BARBARA SANTA BARBARA, CA | UNRESTRICTED | $10,000 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| THOMAS P ELSAESSER | PRESIDENT/DIR | 2 | — |
| NANCY S ELSAESSER | SEC/TREA/DIRECT | 1 | — |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is Tom & Nancy Elsaesser Foundation?
Tom & Nancy Elsaesser Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in SOLVANG, CA. It holds $296K in total assets as of 2024.
How large is Tom & Nancy Elsaesser Foundation?
As of 2024, Tom & Nancy Elsaesser Foundation holds $296K in total assets with $99K in annual revenue. It awarded 11 grants totaling $104K in 2024.
Where does Tom & Nancy Elsaesser Foundation operate?
Tom & Nancy Elsaesser Foundation has awarded grants in California, Illinois, Massachusetts.
What size grants does Tom & Nancy Elsaesser Foundation award?
In 2024, Tom & Nancy Elsaesser Foundation awarded 11 grants totaling $104K — an average of about $9K per grant, based on its IRS Form 990 filings.
How much is Tom & Nancy Elsaesser Foundation required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, Tom & Nancy Elsaesser Foundation reported a distributable amount of $30K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is Tom & Nancy Elsaesser Foundation's EIN?
Tom & Nancy Elsaesser Foundation's EIN (Employer Identification Number) is 71-1042217. IRS Form 990 filing data is available on this page for 2020–2024.
Explore Open Grants
Browse active grant opportunities in Tom & Nancy Elsaesser Foundation's focus areas in our free grants database
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.
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