William G Ericson Foundation

Foundation · Grantmaker South Pasadena, CA EIN: 82-2703362

William G Ericson Foundation is a private foundation focused on Arts, Culture & Humanities, based in South Pasadena, CA. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $5.3M in total assets. In 2024, it awarded 1 grant totaling $169K. Net investment income was $290K.

Key facts about William G Ericson Foundation

EIN: 82-2703362
Latest 990 filing: Form 990-PF, 2024
Annual giving (2024): $169,000
Grants made (2024): 1
Average grant: $169,000
Median grant: $169,000
Total assets: $5,333,795
Primary geography: California (100% of itemized 2024 grant dollars)

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

How William G Ericson Foundation gives

In 2024 it paid out 78% of its IRS minimum distribution (the 5% rule). Foundations have until the end of the next year to meet it. Method

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

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Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$5.3M

+8.2% YoY

Annual Giving

$169K

-47.2% YoY

Grant Count

+0.0% YoY

Avg Grant Size

$169K

-47.2% YoY

Under IRS private-foundation payout rules, William G Ericson Foundation reported a distributable amount of $255K for 2024 — the minimum it must pay out in qualifying distributions.

About William G Ericson Foundation

Based on IRS filings

Focus Areas

Arts, Culture & Humanities

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

California $169K (100%)

Share of all 1 itemized 2024 grant dollars.

States

California

Cities

Pasadena

Financial History

Multi-year comparison from IRS filings

Revenue

Expenses

Qualifying Distributions

Net Investment Income

Metric	2024	2023	2022
Total Assets	$5,333,795	$4,929,077	$5,527,832
Revenue	$325,884	$94,274	$598,913
Expenses	$233,828	$472,211	$751,433
Qualifying Distributions	$197,903	$400,044	$679,617
Net Investment Income	$289,639	$166,150	$553,403
Distributable Amount	$255,040	$254,419	$291,773

Data update history

When this profile's IRS filing data changed on Grantable

March 3, 2026 IRS filings on file for fiscal years 2020–2024

Giving Over Time

Total grant dollars and number of grants per year

Grant Insights

How this funder distributes its grants

Top Recipients

Top 1 recipients in 2024

Grant Size Distribution

3 grants across all recorded years

Giving History

Grant recipients and amounts by year

Among its reported 2024 grants, the largest recipients include Pasadena City College Foundation ($169,000).

Recipient	Purpose	Amount
PASADENA CITY COLLEGE FOUNDATION Pasadena, CA	GENERAL CONTRIBUTION	$169,000

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

No officer or director reported compensation in the available filings.

From 2024 IRS filing

Name	Title	Hours	Compensation
Nancy Lem	President	5	—
Linda Wah	Treasurer	5	—
Jon Takasugi	Secretary	5	—
Marci Thurston	Director	1	—
Karen Hames	Director	1	—

Subject Areas

Focus areas based on grantmaking activity

Arts, Culture & Humanities

Frequently Asked Questions

What is William G Ericson Foundation?

William G Ericson Foundation is a private foundation focused on Arts, Culture & Humanities, based in South Pasadena, CA. It holds $5.3M in total assets as of 2024.

How large is William G Ericson Foundation?

As of 2024, William G Ericson Foundation holds $5.3M in total assets with $326K in annual revenue. It awarded 1 grant totaling $169K in 2024.

Where does William G Ericson Foundation operate?

William G Ericson Foundation has awarded grants in California.

What size grants does William G Ericson Foundation award?

In 2024, William G Ericson Foundation awarded 1 grant totaling $169K — an average of about $169K per grant, based on its IRS Form 990 filings.

How much is William G Ericson Foundation required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2024, William G Ericson Foundation reported a distributable amount of $255K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.