William V & Betty M Ellis Family
William V & Betty M Ellis Family is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in GLOUCESTER, MA. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $1.5M in total assets. In 2024, it awarded 15 grants totaling $160K. Net investment income was $220K.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$1.5M
+6.9% YoY
Annual Giving
$160K
+10.3% YoY
Grant Count
15
+0.0% YoY
Avg Grant Size
$11K
+10.3% YoY
Under IRS private-foundation payout rules, William V & Betty M Ellis Family reported a distributable amount of $131K for 2024 — the minimum it must pay out in qualifying distributions.
About William V & Betty M Ellis Family
Based on IRS filings
William V & Betty M Ellis Family is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in GLOUCESTER, MA. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $1.5M in total assets. In 2024, it awarded 15 grants totaling $160K. Net investment income was $220K.
Focus Areas
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
States
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $1,458,175 | $1,363,453 | $1,397,844 |
| Revenue | $245,193 | $192,044 | $99,826 |
| Expenses | $189,813 | $167,642 | $170,637 |
| Qualifying Distributions | $160,000 | $145,000 | $145,000 |
| Net Investment Income | $220,105 | $172,642 | $77,826 |
| Distributable Amount | $130,690 | $112,641 | $116,879 |
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
69 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include Cape Ann Museum ($27,500), Gloucester Lyceum & Sawyer Free Library ($25,000), Addison Gilbert Hospital ($22,500).
| Recipient | Purpose | Amount |
|---|---|---|
| ADDISON GILBERT HOSPITAL GLOUCESTER, MA | GENERAL | $22,500 |
| CAPE ANN ART HAVEN GLOUCESTER, MA | GENERAL | $7,500 |
| CAPE ANN MUSEUM GLOUCESTER, MA | GENERAL | $27,500 |
| CAPE ANN YMCA GLOUCESTER, MA | GENERAL | $10,000 |
| GENEROUS GARDENERS GLOUCESTER, MA | GENERAL | $2,500 |
| GLOUCESTER LYCEUM & SAWYER FREE LIBRARY GLOUCESTER, MA | GENERAL | $25,000 |
| GREENBELT ESSEX, MA | GENERAL | $10,000 |
| HAMMOND CASTLE MUSEUM GLOUCESTER, MA | GENERAL | $2,500 |
| MANSHIP ARTIST RESIDENCY GLOUCESTER, MA | GENERAL | $5,000 |
| MARITIME GLOUCESTER GLOUCESTER, MA | GENERAL | $2,500 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| JOAN ELLIS | DIRECTOR | 1 | — |
| THOMAS ELLIS | DIRECTOR | 1 | — |
| JOHN ELLIS | DIRECTOR | 1 | — |
| W ALBERT ELLIS | DIRECTOR | 1 | — |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is William V & Betty M Ellis Family?
William V & Betty M Ellis Family is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in GLOUCESTER, MA. It holds $1.5M in total assets as of 2024.
How large is William V & Betty M Ellis Family?
As of 2024, William V & Betty M Ellis Family holds $1.5M in total assets with $245K in annual revenue. It awarded 15 grants totaling $160K in 2024.
Where does William V & Betty M Ellis Family operate?
William V & Betty M Ellis Family has awarded grants in Massachusetts.
What size grants does William V & Betty M Ellis Family award?
In 2024, William V & Betty M Ellis Family awarded 15 grants totaling $160K — an average of about $11K per grant, based on its IRS Form 990 filings.
How much is William V & Betty M Ellis Family required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, William V & Betty M Ellis Family reported a distributable amount of $131K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is William V & Betty M Ellis Family's EIN?
William V & Betty M Ellis Family's EIN (Employer Identification Number) is 30-6038996. 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.