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Charles And Marlys Elliott Foundation is a private corporation based in ROCHESTER, MN. The foundation received its IRS ruling in 2022. It holds total assets of $4.5M. Annual income is reported at $3.6M. Total assets have grown from $1.4M in 2021 to $2.7M in 2023. The foundation is governed by 6 officers and trustees. The foundation operates in the area of philanthropy & grantmaking. According to its most recent filing, the foundation only makes contributions to preselected charitable organizations. Tax records are available from 2021 to 2023. According to available records, Charles And Marlys Elliott Foundation has made 6 grants totaling $120K, with a median grant of $10K. Annual giving has grown from $20K in 2022 to $100K in 2023. Individual grants have ranged from $5K to $60K, with an average award of $20K. The foundation has supported 4 unique organizations. Grant recipients are concentrated in Minnesota. Contributions to this foundation are tax-deductible.
No program descriptions are available for this foundation. Many private foundations report program activities in their annual 990-PF filings — check the Tax Filings section below for the most recent filing.
Charles And Marlys Elliott Foundation primarily funds organizations in the area of philanthropy & grantmaking. Based on available records, the foundation has funded 6 grants. Its grantmaking reaches organizations primarily in MN.
Charles And Marlys Elliott Foundation has distributed a total of $120K across 6 grants. The median grant size is $10K, with an average of $20K. Individual grants have ranged from $5K to $60K.
Charles And Marlys Elliott Foundation typically selects its grantees rather than accepting unsolicited proposals.
Charles And Marlys Elliott Foundation is headquartered in ROCHESTER, MN.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Peggy A Elliott | EXECUTIVE DIRECTOR | $87K | $0 | $87K |
| Charles A Elliott | PRESIDENT & DIRECTOR | $0 | $0 | N/A |
| Marlys M Elliott | VICE PRESIDENT & DIRECTOR | $0 | $0 | N/A |
| Gregg A Elliott | DIRECTOR | $0 | $0 | N/A |
| Charles J Elliott | DIRECTOR | $0 | $0 | N/A |
| Lori M Gengler | DIRECTOR | $0 | $0 | N/A |
Total Giving
$343K
Total Assets
$2.7M
Fair Market Value
$2.8M
Net Worth
$2.7M
Grants Paid
$100K
Contributions
$300K
Net Investment Income
$46K
Distribution Amount
$121K
Total: $2.7M
Total Grants
6
Total Giving
$120K
Average Grant
$20K
Median Grant
$10K
Unique Recipients
4
Most Common Grant
$10K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Mayo ClinicGENERAL SUPPORT | Rochester, MN | $60K | 2023 |
| Ronald Mcdonald House Charities MidwestGENERAL SUPPORT | Rochester, MN | $25K | 2023 |
| Seasons HospiceCENTER FOR GRIEF EDUCATION AND SUPPORT | Rochester, MN | $10K | 2023 |
| Quarry Hill Nature CenterGENERAL SUPPORT | Rochester, MN | $5K | 2023 |